How to File an Unregistered Trust Return

Zen IT || How to File an Unregistered Trust Return

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How to File an Unregistered Trust Return:
To file an unregistered trust return through software, follow the process outlined below. The process typically involves using the ITR-5 form, which is used for filing returns by entities like AOP (Association of Persons), BOI (Body of Individuals), and trusts that are not registered under specific provisions.
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Steps to File the Return for an Unregistered Trust Using Software:
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Step 1:
Create a New Client Master as an AOP (Association of Persons)
  1. Open ZenIT software and go to the Client Master section.

  2. Create a new client profile and select AOP (Association of Persons) as the entity type. This is because unregistered trusts are generally treated as AOP for tax filing purposes.

    Note: Follow the Knowledge Base to create the client master: Click here to open the Knowledge Base.

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Step 2:
Fill in the Income and Deductions as you would for a Normal ITR (AOP)
  1. Enter the income and deductions details in the ITR-5 form as you would for an AOP.
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Step 3:
Generate the Computation and Validate it
  1. After entering all the necessary information, generate the computation.
  2. Validate the data to ensure there are no errors or missing information.
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Step 4:
Generate the ITR-5 JSON File and Upload it on the Income Tax Website
  1. Once the computation is validated, generate the ITR-5 JSON file.
  2. Proceed to upload the generated ITR-5 JSON file on the official Income Tax e-filing portal.