Income Tax Return Form 7, commonly referred to as ITR 7, is a specialized income tax return form designed for specific categories of taxpayers. This form is mandatory for those who are required to file their tax returns under certain sub-sections of Section 139 of the Income Tax Act, 1961.
Complete Your ITR Filing
Ready Your ITR 7 Return Filing with Auriga Accounting
Auriga Accounting has a team of registration experts who can provide complete guidance to register your ITR 7 Return Filing.
Our team of experts will get in touch with you and collect all necessary documents and details
We fill out and file your application for ITR Filing
Ready Your ITR 7 Return Filing
Auriga Accounting has a team of registration experts who can provide complete guidance to register your ITR 7 Return Filing.
Our team of experts will get in touch with you and collect all necessary documents and details
We fill out and file your application for ITR Filing
Ready Your ITR 7 Return Filing
ITR-7 is a specialized tax return form for entities like firms, companies, local authorities, associations of persons (AOPs), and artificial judicial persons claiming exemptions under various sections of the Income Tax Act. Filing ITR-7 can be complex, but Auriga Accounting simplifies the process with expert guidance to ensure compliance and accuracy.
ITR-7 is for entities filing income tax returns under specific exemption categories:
The ITR-7 Form is applicable to entities receiving income under the following categories:
Entities such as trusts, companies, firms, local authorities, AOPs, or artificial judicial persons claiming exemptions under these sections must use ITR-7 for filing their income tax returns.
Individuals who do not claim exemptions under Sections 139(4A), 139(4B), 139(4C), or 139(4D) are not required to file the ITR-7 Form.
Updated on: December 5, 2024 | 3 min read
What is the ITR-7 Form?
ITR-7 is an income tax return form applicable to entities required to file under specific sections of the Income Tax Act:
No Annexures Required: Taxpayers should not attach any documents, including TDS certificates, while filing ITR-7. It is advised to reconcile taxes deducted, collected, or paid with Form 26AS before submission.
E-Filing Audit Reports: If an entity is subject to audit under Section 44AB or any other law, details of the audit report, auditor information, and electronic submission date must be provided in the Audit Information section.
The ITR-7 form is divided into two parts and 23 schedules. From AY 2023-24, taxpayers must also provide details of registration or approval.
Main Sections of ITR-7 Form
Key Schedules in ITR-7
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