Filling of Income return of Approved Group Gratuity Trust

[Ganga Ram]

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

[Ganeshan Kalyani]

Income tax preparer in income tax department would help you in person. Choosing correct form is essential. We give reply based on the information posted in the query. But to put in practice further analysis of the fact need to be checked and after that one can recommend the firms type.

[DR.MARIAPPAN GOVINDARAJAN]

I have contacted other Chartered Accountants also. But no clear resolution is there. In such a case we have to refer to the departmental officers for their help.

AI Summary

Group gratuity trust filing: uncertainty over applicable ITR form and section requires departmental guidance for approved trusts. Filing of income-tax returns for an approved group gratuity trust set up with LIC poses uncertainty about the correct return form, the applicable filing provision, and required attachments. The trust is said to be CIT-approved under Rule 4 of Part C of the Income-tax Act. Respondents advised that factual verification and consultation with income-tax departmental officials are necessary to determine the appropriate filing category, the precise section to invoke on the return, and the documents to upload; no definitive form or filing pathway was provided.