TaxTMI 
TaxTMI 
SIR
I AM FILLING THE ITR 7 THEN EXEMPTION FOR TRUST INCOME OR NATURE
PLEASE DETAIL THE SECTION WISE EXEMPTION .
REGARDS
SHEKHAR TAMBOLI
EXEMPTION UNDER SECTION10(23) FOR ITR -7
07 Oct 2016 
2 Replies 
1228 Views Asked by
Trust income exemption: consult statutory provisions and official tax authority guidance when claiming exemptions on ITR filing.
Exemption under Section 10(23) concerns the tax treatment and eligibility conditions for trust income reported on ITR 7; the inquiry seeks a section wise breakdown of applicable exemptions. Respondents advise consulting the Income Tax Act and the official tax authority website for authoritative text and procedural guidance to determine exempt amounts and claim requirements. (AI Summary)
Exemption under Section 10(23) concerns the tax treatment and eligibility conditions for trust income reported on ITR 7; the inquiry seeks a section wise breakdown of applicable exemptions. Respondents advise consulting the Income Tax Act and the official tax authority website for authoritative text and procedural guidance to determine exempt amounts and claim requirements. (AI Summary)