Our government company has created a Group gratuity trust with LIC which has also been approved by CIT under rule 4 of part C of Income tax Act. We are in facing an issue regarding filling of Income tax return of the trust that in which section we can file the return and which ITR form will be use. If we file ITR 7, then no section 10 (25) is reflecting in the return.
Please help regarding following:-
1. Which ITR form will be filed for trust
2. Under which section we can file the return
3. Required documents for uploading the return
Thanks in advance
CA Ganga Ram
Mob 9717644081
Government Company Seeks Guidance on ITR Form for Gratuity Trust under Rule 4, Part C, Income Tax Act A government company has established a Group Gratuity Trust with LIC, approved under rule 4 of part C of the Income Tax Act. They are seeking advice on which ITR form to use for filing the trust's income tax return and the applicable section, as ITR 7 does not reflect section 10 (25). Two responses suggest consulting with income tax preparers or departmental officers for clarity, as further analysis of the specific facts is necessary to determine the correct form and section for filing. (AI Summary)