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Q. > Please Help: E-filing of Income Tax Return of a Trust
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955 views • Question added Sep 01, 2011 • Income Tax • By ABHINAV JANDIAL , CA , Pathankot


Whether E-filing of Income tax return incase of a Improvement trust making losses and whose accounts are required to be audited is mandatory or not for the Assessment year 2011-12.

1 Answers

answered Sep 01, 2011 by Ashish Karundia , New Delhi

Dear Friend,

I understand that the return is required to be filed in ITR-7 [ under section 139(4AB/4B/4C/4D)]. Rule 12(1)(g) of Income tax Rules, 1962 read with clause (b) of Proviso to rule 12(3) of Income Tax Rules, 1962 provides that return in ITR-7 has to be filed in paper form (not electronically).

Trust this answers your query.


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CA VIPIN GARG

01-Sep-2011 , 02:21:13 pm

yes trust is liable to audit and e-filing is also compulsary in the case of trust because of liability of tax audit

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CA SUBHASH KR.

02-Sep-2011 , 11:33:29 am

Yes , Trust is liable to Audit but E filling is not permitted . ITR 7 has to be sumitted in Only Paper format.

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