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ITR 7 - Eligibility, Due Date, How to File and Download ITR-7 Form?

Updated on: Jun 6th, 2024

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13 min read

In this article, we will be discussing about the ITR-7 Form in detail.

Update for FY 2022-23:

The initial deadline for submitting ITR-7 for the Assessment Year 2023-24 was October 31, 2023. However, the Income Tax Department has extended the deadline for filing ITR 7 to November 30, 2023.

What is the ITR-7 Form?

ITR-7 is filed when persons including companies are required to file their returns as per these section:

  • section 139(4A): Income of Charitable and Religious Trusts
  • section 139 (4B): Political Parties
  • section 139 (4C): Scientific research institutions
  • section 139 4(D): University, college or other institution

Click here to view the latest ITR-7 form from the Income Tax Department.

No annexures required

No document (including TDS certificate) should be attached with this return form while filing ITR-7.

Taxpayers are advised to match the taxes deducted/collected/paid by or on behalf of them with their Tax Credit Statement Form 26AS.

E-filing audit reports

If the assessee is liable for Audit u/s 44AB of the Income Tax Act or it is required to get the audit done under the Income Tax Act or under any other law, then the details of such audit report, along with the auditor's information and the date of electronic submission to the department, must be provided in the "Audit Information" section.

Cleartax automatically selects the right ITR Form for you

Not sure what ITR form to pick? Our software automatically picks it when you  e-file.

Who is eligible to file the ITR-7 Form?

  • Return under section 139(4A) is required to be filed by every person in receipt of income derived from property held under trust or other legal obligation wholly for charitable or religious purposes or in part only for such purposes.
  • Return under section 139(4B) is required to be filed by a political party if the total income without giving effect to the provisions of section 139A exceeds the maximum amount which is not chargeable to income tax.
  • Return under section 139(4C) is required to be filed by every
    • scientific research association ;
    • news agency ;
    • association or institution referred to in section 10(23A);
    • person referred to in clause 10 (23AAA)
    • institution referred to in section 10(23B);
    • fund or institution or university or other educational institution or any hospital or other medical institution.
    • Mutual Fund referred to in clause 10(23D)
    • securitisation trust referred to in clause 10(23DA) 
    • Investor Protection Fund referred to in clause 10(23EC) or clause 10(23ED) 
    • Core Settlement Guarantee Fund referred to in clause 10(23EE) 
    • Venture capital company or venture capital fund referred to in clause 10(23FB) 
    • Trade union referred to in sub-clause (a) or association referred to in sub-clause (b) of clause 10 (24)
    • Board or Authority referred to in clause 10(29A) 
    • body or authority or Board or Trust or Commission (by whatever name called) referred to in clause 10(46) 
    • infrastructure debt fund referred to in clause 10(47)
    • Return under section 139(4D) is required to be filed by every university, college or other institution, which is not required to furnish return of income or loss under any other provision of this section.
    • Return under section 139(4E) must be filed by every business trust which is not required to furnish return of income or loss under any other provisions of this section.
    • Return under section 139(4F) must be filed by any investment fund referred to in section 115UB. It is not required to furnish return of income or loss under any other provisions of this section.

Not sure which ITR form you need to use? Read our guide for help.

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What is the structure of the ITR-7 Form?

The ITR-7 form has been divided into 2 parts and 23 schedules. 
From the AY 2023-24, a taxpayer has to also provide information on the details of registration or approval.

Part-A – General information

Part-B – Outline of the total income and tax computation with respect to income chargeable to tax.

  • Schedule-I: Details of amounts accumulated/ set apart within the meaning of section 11(2) or in terms of third proviso to section 10(23C)/10(21) read with section 35(1) in last 7 financial years viz., previous years relevant to the current AY.
  • Schedule IA: “Details of accumulated income taxed in earlier assessment years as per section 11(3)"
  • Schedule-D: Details of deemed application of income under clause (2) of Explanation 1 to sub-section (1) of section 11.
  • Schedule-D: Details of deemed application of income under clause (2) of Explanation 1 to sub-section (1) of section 11.
  • Schedule-J: Statement showing the investment of all funds of the Trust or Institution as on the last day of the previous year.
  • Part A-BS : Details of Application and Sources of Fund as on 31st March 2022
  • Schedule R: Reconciliation of Corpus of Schedule J and Balance sheet
  • Schedule-LA: Details in case of a political party.
  • Schedule-ET: Details in case of an Electoral Trust
  • Schedule-VC: Details of Voluntary Contributions received.
  • Schedule AI: Aggregate of income derived during the year excluding voluntary contributions
  • Schedule A: Amount applied to stated objects of the trust/institution during the previous year from all sources referred to in C1 to C7 of this table
  • Schedule IE-1, IE-2, IE-3 and IE-4: Income and expenditure statements as applicable
  • Schedule-HP: Computation of income under the head Income from House Property
  • Schedule-CG: Computation of income under the head Capital gains. 
  • Schedule VDA: Income from transfer of virtual digital assets u/s 115BBH
  • Schedule-OS: Computation of income under the head Income from other sources 
  • Schedule-OA: General information about business and profession 
  • Schedule-BP: Computation of income under the head profit and gains from business or profession 
  • Schedule-CYLA: Statement of income after set off of current year’s losses 
  • Schedule PTI: Pass through Income details from business trust or investment fund as per section 115UA, 115UB 
  • Schedule-SI: Statement of income which is chargeable to tax at special rates 
  • Schedule 115TD: Accreted income under section 115TD 
  • Schedule 115BBI: Specified income of certain Institutions covered u/s 115BBI
  • Schedule FSI: Details of income accruing or arising outside India 
  • Schedule TR: Details of tax relief claimed for taxes paid outside India 
  • Schedule FA: Details of Foreign Assets and Income from any source outside India 
  • Schedule-SH: Details of shareholding in an unlisted company 
  • Part B-TI: Computation of total income 
  • Part B1 : Applicable if exemption is being claimed u/s 11 and 12 or 10(23C)(iv)/10(23C)(v)/ 10(23C)(vi)/10(23C)(via) and where Part B3 is not applicable
  • Part B2 - Applicable if exemption is being claimed under section 13A/13B and under sections 10(21), 10(22B), 10(23A), 10(23AAA), 10(23B), 10(23EC), 10(23ED), 10(23EE), 10(29A), 10(23C)(iiiab), 10(23C)(iiiac), 10(23C)(iiiad), 10(23C)(iiiae), 10(23D), 10(23DA), 10(23FB), 10(24), 10(46), 10(47)
  • Part B3 : Applicable if total income chargeable to tax u/s twenty-second proviso to section 10(23C) or section 13(10)
  • Part B-TTI: Computation of tax liability on total income Tax payments: 
    • Details of payments of Advance Tax and Self-Assessment Tax 
    • Details of Tax Deducted at Source (TDS) on Income (As per Form 16A/16B/16C/16D/16E). 
    • Details of Tax Collected at Source (TCS)

How do I fill out the ITR-7 Form?

Instructions for filling out ITR-7
Sequence for filling out parts and schedules
The Income Tax Department advises assesses to follow the sequence mentioned below while filling out the income tax return.

  • Part A
  • Part B
  • Schedules
  • Verification

Have more questions?

Why not take a look at our FAQ page? You’ll find answers to all kinds of tax-related questions there.

How do I file my ITR-7 Form?

This return form has to be mandatorily filed online with the Income Tax Department in the following ways:

  • by furnishing the return electronically under digital signature
  • by transmitting the data in the return electronically and thereafter submitting the verification of the return in Return Form ITR-V

After the filing of the return , the assessee should print out two copies of ITR-V Form. One copy of ITR-V, duly signed by the assessee, has to be sent by ordinary post to: 
Centralised Processing Centre,
Income Tax Department,
Bengaluru - 560500, Karnataka.

The other copy may be retained by the assessee for his record.


How to fill out the verification document?

  • Fill up the required information in the verification document.
  • Strike out whatever is not applicable.
  • Please ensure that the verification has been signed before furnishing the return.
  • Choose the designation/capacity of the person signing the return.

Verification of Form ITR-7

ITR-7 can be filed with the Income‐tax Department electronically and verified in any one of the following manner:

  • Through DSC(digital signature certificate)
  • Authenticating by way of Electronic Verification Code (EVC)mode
  • Aadhaar OTP
  • Duly signing the ITR-V acknowledgment and posting it to CPC office i.e., Centralized Processing Centre, Income Tax Department, Bengaluru— 560500, Karnataka

Note: However, a political party shall compulsorily furnish the return through a digital signature certificate(DSC) 

Please note that any person making a false statement in the return or the accompanying schedules shall be liable to be prosecuted under section 277 of the Income-tax Act, 1961 and on conviction be punishable under that section with rigorous imprisonment and with fine.

How do you send your ITR-V to the CPC Office?

If the income tax return ITR-7 is filed electronically, there is no need to send it to CPC office. 

We have a guide to help you print and send your ITR-V to the CPC office. 
Read our Guide →

Also read about:
1. Which ITR Should I File
2. How to file ITR Online
3. How to file ITR-1 (SAHAJ) Online
3. What is ITR 2 Form & How to File ITR-2
4. What is ITR 3 Form & How to File ITR-3 
5. Who and How to File ITR 4 
6. What is ITR-5 Form, Structure And How to File ITR-5
7. ITR 6
8. ITR 3 vs ITR 4
9. ITR 1 vs ITR 4
10. How to File ITR-2 for Income from Capital Gains FY 2022-23

Frequently Asked Questions

In the case of the company, local authority, political party or association of persons, who can verify the income tax return?

The persons who can verify the income tax return in the following cases are:

Company– the Managing Director. In case for any unavoidable reason, there is no Managing Director, any other Director of the company can verify the return.

Local authority– the Principal Officer.

Political party- the Chief Executive Officer of such party, whether known as Secretary or any other designation.

Any other association- any member of the association or the Principal Officer thereof.

Any other person– that person or by some person competent to act on his behalf.

What are the details to be provided for the claim of Exemption u/s 11 of the Act?

  1. Registration/approval details u/s 12A/12AB should be filled in Schedule Part A General
  2. Income should be disclosed in Schedule AI and Schedule VC as applicable
  3. Application of income – Revenue Expenditure & Capital expenditure should be disclosed in Schedule A.
  4. Exemption u/s 11(1A) claimed in Schedule A cannot exceed the net consideration disclosed in Schedule AI
  5. Audit Report in Form 10B/10BB to be complied as per the provisions of the Income Tax Act.
  6. Exemption amount allowable should be entered in the relevant column of Part B1 of Part B TI as applicable
  7. If exemption under explanation 11(1) – Deemed Application is claimed –Form 9A has to be filed within due date for furnishing of return of income specified u/s 139(1) 
  8. If exemption u/s 11(2) – for Accumulation is claimed –Form 10 has to be filed within due date for furnishing of return of income specified u/s 139(1).
  9. If the purpose of the trust is advancement of any other object of General Public Utility - total receipts and percentage of such activity {referred in proviso to section 2(15)} mentioned in Schedule Part A General (2) and percentage of receipts of such activities does not exceed 20% of total receipts of the trust/institution
What are the details to be provided for claim of Exemption u/s 10(23C)(iv)/(v)/(vi)/(via) of the Act?

  • Registration/approval details u/s 10(23C)(iv)/(v)/(vi)/(via) should be filled in Schedule Part A General
  • Income should be disclosed in Schedule AI and Schedule VC as applicable
  • Application of income – Revenue Expenditure & Capital expenditure should be disclosed in Schedule A.
  • Exemption u/s 11(1A) claimed in Schedule A cannot exceed the net consideration disclosed in Schedule AI
  •  Audit Report in Form 10B/10BB to be complied as per the provisions of the Income Tax Act.
  •  Exemption amount allowable should be entered in the relevant column of Part B1 of Part B TI as applicable
  •  If exemption under third proviso to section 10(23C) – for Accumulation is claimed –Form 10 has to be filed within the due date for furnishing of return of income specified u/s 139(1). 
  • If the purpose of the trust is advancement of any other object of General Public Utility - total receipts and percentage of such activity {referred in proviso to section 2(15)} mentioned in Schedule Part A General (2) and percentage of receipts of such activities does not exceed 20% of total receipts of the trust/institution
What information is required to be furnished in Schedule VDA?

Income from sales of Virtual Digital Assets is to be reported by providing details such as Date of Acquisition, Date of Transfer, Cost of Acquisition, Consideration Received etc.

What is the due date of furnishing the Audit Report?

Form 10B or Form 10BB or Form 3CEB in case of international transactions and specified domestic transactions shall be filed at least one month prior to due date for filing of return u/s 139(1).

Form 10B is required to file where, -

  • The total income without giving effect to the provisions of Section 11 & 12 and 10(23C)(iv)/(v)/(vi)/(via) of the Income Tax Act exceeds rupees 5 crores during the previous year; or
  • Any foreign contribution has been received during the previous year; or 
  • Any part of its income has been applied outside India during the previous year.

Form 10BB is required to file where, the total income without giving effect to the provisions of Section 11 & 12 and 10(23C)(iv)/(v)/(vi)/(via) of the Income Tax Act exceeds rupees 2.5 Lac but less than or equal to rupees 5 crores during the previous year.

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The article discusses the ITR-7 form, updated deadline, who can file it, form structure, filing instructions, e-filing audit reports, software assistance, and verification methods.

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