TMI BlogExemption U/s. 10(25) in ITR-7X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir / Madam, I am an accountant 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 obt ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ained Audit Report in regular format (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 trus ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t fund is exempt under Sec 10(25). There 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... No. You have to file ITR - 5 Since it is a Private Trust and you will be eligible to get Exemption under section 10(25) (iv) of Income Tax Act. - Exemption U/s. 10(25) in ITR-7 - Query Starte ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d By: - Nagaraj Naik Dated:- 9-10-2014 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementind ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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