Exemption U/s. 10(25) in ITR-7

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..... Exemption U/s. 10(25) in ITR-7
Query (Issue) Started By: - Nagaraj Naik Dated:- 9-10-2014 Last Reply Date:- 10-10-2014 Income Tax
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Income Tax
Dear Sir / Madam, I am an account .....

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..... ant of an Employee Gratuity Trust approved by CIT, eligible for Exemption U/s. 10(25). I have following questions with regard to filing of IT Return- 1. We have obtained Audit Report in regular forma .....

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..... t (not Form 10 B) as a condition for continuance of approval by CIT. How should we mention the same in ITR-7 ? Audit under which section? 2. Income of the trust fund is exempt under Sec 10(25). There .....

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..... is no option for 10(25) in ITR-7 . How can we claim the income as exempt. thanking you, Nagaraj Reply By Mohit Himmatsinghka: The Reply: Dear Nagaraj No. You have to file ITR - 5 Since it is a P .....

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..... rivate Trust and you will be eligible to get Exemption under section 10(25) (iv) of Income Tax Act.
Discussion Forum - Knowledge Sharing .....

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