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Please Help: Taxability of trust without 12A

Posted Date : 01-Nov-2014 , 01:06:11 pm | Posted By: Shruti Kuchhal

Category : Income Tax | Answers : 0| Comments : 0| Hits: 233

Dear Experts My Client Trust does not registration under Section 12A of Income tax act also it wants to pay tax. Please suggests me the tax rates at which it will calculated. I am using Computax Software and it is treating it as a AOP and is calculation tax accordingly which i think is wrong. Please guide me in this regard whether i right or wrong Profit of the trust is Rs. 1282638 for the FY 2013-14 and also suggest me whether report under section 10b will be prepared or not and Tax audit report in 3CB and 3CD will be prepared or not Thanx in advance

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