Question ID :
39348
079710
We are filing of ITR 5 of approved Gratuity Trust Fund (private discretionery trust) and the income is exempt u/s 10(25)(iv) . my query is that if we have to file Balance Sheet and Income and expenditure a/c. in ITR form then the system calculate tax @ MMR . Can we directly declare income as Exempt (without filling balance sheet /Income exp. a/c.) or declare in Exempt schedule or any other method pl. explain how to show in ITR
posted by
SANDEEP KAPOOR
on
Aug 16 2019 12:00AM