Trusts, societies, and non-governmental organizations (NGOs) are considered non-profit entities and have specific income tax return filing requirements. Here’s an overview of the income tax return forms applicable to trusts, societies, and NGOs:

Trusts:

Trusts in India are generally required to file their income tax returns using Form ITR-7. This form is specifically designed for entities claiming exemption under sections 11 (income from property held for charitable or religious purposes) and 12 (income of charitable or religious trusts) of the Income Tax Act. It covers income, deductions, and tax calculations applicable to trusts.

Trusts are required to provide detailed information about their income, investments, donations received, application of income for charitable purposes, and other financial details. They may also need to submit audited financial statements and reports related to their activities and operations.

Societies:

Societies, such as registered societies or non-profit organizations, also generally use Form ITR-7 for filing their income tax returns. The form is applicable to entities claiming exemption under sections 11 and 12 of the Income Tax Act, similar to trusts.

Societies are required to provide information about their income, investments, donations received, and utilization of funds for charitable purposes. They may need to submit audited financial statements and reports related to their activities along with the income tax return.

NGOs:

Non-governmental organizations (NGOs) can fall under various legal forms such as trusts, societies, or section 8 companies (companies formed for promoting charitable or non-profit objectives). The income tax return filing requirements for NGOs are similar to those mentioned above for trusts and societies.

Depending on the legal form and the specific exemptions claimed, NGOs will generally use Form ITR-7 or other applicable forms for filing their income tax returns. They need to provide detailed information about their income, expenditures, utilization of funds, and other financial details.

It’s important to note that trusts, societies, and NGOs engaged in charitable or non-profit activities may be subject to additional compliance requirements and regulations beyond income tax return filing. These may include registration with regulatory authorities, maintenance of records, submission of annual reports, and adherence to specific accounting and reporting standards.

The specific income tax return filing requirements and procedures for trusts, societies, and NGOs may vary depending on the country and its tax laws. It is advisable to consult with a qualified tax professional or seek guidance from the relevant regulatory authorities in your jurisdiction to ensure compliance with the applicable laws and regulations.