Zen IT || How to File an Unregistered Trust Return

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.

Steps to File the Return for an Unregistered Trust Using Software:

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.

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.

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.

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.

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