Trust IT Filing
haridas rao (73 Points)
07 February 2021
It is mandatory for a trust to file IT return if a trust earns interest income below 2.5 lakhs?
4 Replies
prasad Nilugal
(3914 Points)
Replied 07 February 2021
Is trust registered under section 12AA and 80G of Income tax act 1961 ?.
haridas rao
(73 Points)
Replied 07 February 2021
No currently it is not, but please explain what if they where registered also.
CA. Sourav Sarkar
(Chartered Accountant )
(24583 Points)
Replied 07 February 2021
Not required to file ITR
CA NIYATI SONI
(PROPRIETOR )
(651 Points)
Replied 08 February 2021
Trust is not required to file ITR if its income is below maximum amount not chargeable to tax i.e. below 250000 before claiming exemption u/s 11 and u/s 12.
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