ITR-7 Filing & Trust/NGO Income Tax Return Services
ITR-7 Return Filing in India
Trust, NGO & Charitable Institution Income Tax Return Under Sections 139(4A)-139(4D) - Starting @ ₹9,999 Only
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Form 10B / 10BB Audit Coordination
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ITR-7 filing is mandatory for all charitable trusts, NGOs, and exempt institutions - even with zero taxable income. Maintain your exempt status with accurate, timely filing.
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ITR-7 is the income tax return form prescribed by the Income Tax Department for persons including charitable trusts, religious trusts, NGOs, Section 8 companies, political parties, universities, hospitals, research associations, and other entities that are required to furnish a return of income under Sections 139(4A), 139(4B), 139(4C), or 139(4D) of the Income Tax Act, 1961.
Unlike other ITR forms that apply to individuals or businesses computing taxable profit, ITR-7 is specifically designed for entities that claim tax exemptions on their income. These include trusts claiming exemption under Sections 11 and 12 (charitable and religious purposes), political parties claiming exemption under Section 13A, and institutions claiming exemption under Section 10(23C) such as universities, hospitals, and educational institutions.
The form captures detailed information about the entity's income, voluntary contributions received, application of income towards charitable or religious objects, accumulation of income under Section 11(2), investments in specified modes under Section 11(5), corpus donations, and compliance with conditions necessary for claiming exemption. Proper ITR-7 filing is essential to maintain exempt status and avoid loss of registration.
At IncorpX, we provide end-to-end assistance with ITR-7 filing support covering income computation, 85% application of income verification, Form 10B/10BB audit coordination, corpus donation tracking, Section 11(2) accumulation planning, FCRA compliance, and DSC-based submission. Our goal is accurate, compliant, and notice-safe filing for every trust and exempt institution.
What is ITR-7?
ITR-7 (Income Tax Return Form 7) is the return form prescribed by the Central Board of Direct Taxes (CBDT) for persons who are not required to furnish a return of income under any other provision of the Income Tax Act but are required to file under Sections 139(4A), 139(4B), 139(4C), or 139(4D). It applies to entities whose primary purpose is charitable, religious, educational, political, or research-oriented - and who claim specific exemptions on their income.
The form is fundamentally different from individual or corporate ITR forms. Instead of computing taxable profit from business operations, ITR-7 focuses on whether the entity has properly applied its income towards its stated objects, whether it has complied with the conditions for exemption (such as 85% application under Section 11), and whether its investments and accumulations are in specified modes. The form acts as a comprehensive disclosure of the trust's financial activities and compliance status.
Key entities that use ITR-7 include trusts registered under Section 12AB (formerly 12A/12AA), political parties registered under Section 29A of the Representation of the People Act, educational institutions and hospitals approved under Section 10(23C), scientific research associations under Section 10(21), and any university or college receiving government aid under Section 139(4D).
Key Aspects of ITR-7:
Exemption-Focused: Designed for entities claiming tax exemption under Sections 11, 12, 10(23C), or 13A - not for computing taxable profit.
Application of Income: The core test is whether 85% of income has been applied towards charitable or religious objects during the year.
Mandatory Audit: Entities filing ITR-7 generally require audit in Form 10B or Form 10BB, filed before the ITR-7 due date.
DSC Required: ITR-7 must be verified using a Digital Signature Certificate (DSC) - e-verification via Aadhaar OTP is not available for trusts.
Did You Know?
Filing ITR-7 is mandatory even if the trust has zero taxable income. If a trust registered under Section 12AB fails to file ITR-7, the Income Tax Department can deny the exemption under Sections 11 and 12 for that assessment year - effectively making the trust's entire income taxable at the maximum marginal rate of 34.944%.
Who Must File ITR-7?
ITR-7 applies to a wide range of entities that are not covered by individual, corporate, or business ITR forms. Here is a comprehensive breakdown of all entities required to file ITR-7:
Entity Type
Applicable Section
Exemption Claimed Under
Examples
Charitable Trusts
139(4A)
Sections 11 & 12
Education trusts, medical trusts, relief trusts, environmental trusts
Religious Trusts
139(4A)
Sections 11 & 12
Temple trusts, mosque trusts, gurudwara trusts, church trusts
Section 8 Companies
139(4A)
Sections 11 & 12 (with 12AB)
Non-profit companies for education, charity, social welfare, sports
Political Parties
139(4B)
Section 13A
Registered political parties under Section 29A of RPA, 1951
Scientific research bodies approved by the prescribed authority
News Agencies
139(4C)
Section 10(22B)
Press Trust of India, United News of India, and similar agencies
Trade Unions
139(4C)
Section 10(24)
Registered trade unions under the Trade Unions Act, 1926
Government-Aided Colleges
139(4D)
Section 10(23C)(iiiab)/(iiiad)
Colleges and universities receiving substantial government aid
Important Note!
A Section 8 company must have valid 12AB registration to file ITR-7. Without it, the entity files ITR-6 as a regular company and is taxed at corporate rates. Similarly, trusts without 12AB registration cannot claim exemption under Sections 11/12 and must pay tax on their entire income.
Applicable Sections for ITR-7 Filing:
ITR-7 is linked to four specific filing obligations under Section 139 of the Income Tax Act. Each sub-section targets a distinct category of entity:
Section
Who Must File
Exemption Basis
Key Conditions
139(4A)
Trusts and institutions whose income includes income from property held under trust for charitable or religious purposes
Sections 11 & 12 - income from property held for charitable/religious purposes
Must have 12AB registration; 85% application of income; investments in Section 11(5) modes; audit in Form 10B/10BB
139(4B)
Political parties whose total income (before Section 13A exemption) exceeds the basic exemption limit
Section 13A - exemption for income of political parties
Must maintain books of accounts; donations above ₹2,000 through banking channels; file return within due date
139(4C)
Entities exempt under Section 10 - research associations, news agencies, hospitals, universities, medical/educational institutions
Must file return of income for institutions not covered under 139(4A) or 139(4C)
Note: An entity may fall under multiple sub-sections. For example, a charitable trust running a hospital may be eligible under both 139(4A) (trust under Section 11/12) and 139(4C) (hospital under Section 10(23C)). In such cases, the entity must determine the primary exemption provision under which it claims benefits and file accordingly.
ITR-7 Structure - Key Schedules and Components:
ITR-7 is a detailed form with multiple schedules designed to capture the complete financial picture of exempt entities. Understanding its structure is essential for accurate filing:
Donations received - corpus donations (exempt under 11(1)(d)), anonymous donations, and regular voluntary contributions
Schedule HP
Income from property held for charitable purposes
Rental income from trust properties, municipal taxes paid, interest on borrowed capital, net annual value
Schedule BP
Income from business held under trust
Business income where the business is incidental to charitable objects and separate books are maintained
Schedule AI
Application of income
Revenue expenditure on objects, capital expenditure for objects, deemed application, loans/advances for objects
Schedule IA
Income accumulation
15% automatic accumulation, Section 11(2) accumulation (with Form 10), purpose and period of accumulation
Schedule I(5)
Investment in specified modes
Government securities, fixed deposits, mutual funds, and other investments under Section 11(5)
Schedule FC
Foreign contributions (FCRA)
Details of foreign donations received, FCRA registration number, utilisation of foreign contributions
Schedule ET
Exempt income
Income exempt under Sections 11, 12, 10(23C), 13A - computed after 85% application test
Schedule TDS / IT
Tax deducted at source and advance tax
TDS credits from Form 26AS, advance tax and self-assessment tax payments, refund claims
Step-by-Step ITR-7 Filing Process:
Filing ITR-7 is a multi-step process involving audit, income computation, and DSC-based submission. At IncorpX, we assist with the complete filing process. Here is the step-by-step procedure:
Step 1: Maintain Proper Books of Accounts
Maintain books of accounts as required under Section 12A(1)(b) of the Income Tax Act. Record all voluntary contributions (corpus and non-corpus), income from property held for charitable purposes, business income (if any), investments, application of income, and accumulations with complete supporting documentation.
Step 2: Get Audit Report in Form 10B or Form 10BB
Obtain the audit report in Form 10B (if total income without exemption exceeds ₹5 crore, or the entity receives FCRA donations, or income is applied outside India) or Form 10BB (for all other cases). The audit report must be filed electronically at least one month before the due date of ITR-7.
Step 3: Prepare Income Computation
Compute total income of the trust including income from house property held for charitable purposes, voluntary contributions, business income (if incidental to objects), capital gains, and other sources. Apply the 85% application of income rule under Section 11 and calculate the exemption amount.
Step 4: Document Application of Income
Prepare detailed documentation of how income was applied towards charitable or religious objects - revenue expenditure (salaries, program costs, utilities), capital expenditure (building, equipment), deemed application, and loans and advances for objects. Separately track corpus donations and Section 11(2) accumulations with Form 10.
Step 5: Log in to Income Tax e-Filing Portal
Access the Income Tax e-Filing portal (incometax.gov.in) using the trust's PAN as the user ID. Navigate to e-File → Income Tax Returns and select the relevant Assessment Year. Choose ITR-7 as the applicable form.
Step 6: Fill All Applicable Schedules in ITR-7
Complete all schedules - general information, registration details, Schedule VC (voluntary contributions), Schedule AI (application of income), Schedule IA (accumulation), Schedule I(5) (investments), Schedule FC (FCRA), TDS/tax credits, and all other applicable schedules. Cross-verify with audit report figures.
Step 7: Submit with Digital Signature Certificate (DSC)
ITR-7 must be verified and submitted using a Digital Signature Certificate (DSC) of the authorized signatory - managing trustee, principal officer, or secretary. E-verification through Aadhaar OTP is not available for trusts and institutions. Ensure the DSC is registered on the e-Filing portal before submission.
Get your trust/NGO ITR-7 filed accurately by trust taxation specialists. Starting at ₹9,999. Listed amounts are IncorpX professional charges for assistance. Government/statutory fees are charged separately at actuals.
What Are the Documents Required for ITR-7 Filing?
ITR-7 filing requires comprehensive documentation to support exemption claims and demonstrate compliance. Here is a complete checklist:
Category
Document
Purpose
Entity Formation
Trust Deed / Memorandum of Association (MOA)
Establishes the entity's charitable/religious objects and governance structure
Certificate of Incorporation (for Section 8 companies)
Proof of legal entity formation under the Companies Act
Tax Registration
12A / 12AA / 12AB Registration Certificate
Mandatory for claiming exemption under Sections 11 and 12 of the Income Tax Act
80G Registration Certificate
Enables donors to claim deduction - also validates trust's charitable status
Audit Reports
Form 10B Audit Report
Required when income exceeds ₹5 crore (without exemption), FCRA receipts exist, or income applied outside India
Form 10BB Audit Report
Required for trusts not meeting Form 10B thresholds - covers general compliance audit
Complete financial picture of the trust for the relevant financial year
Annual Report
Summary of activities, programs, and utilisation of funds during the year
Donation Records
Donation Receipts (corpus and non-corpus)
Evidence of voluntary contributions received - separately tracked for corpus donations
Donor-wise Details (for 80G receipts)
Details required for Statement of Donations filed in Form 10BD
Investment Details
Details of Investments under Section 11(5)
Government securities, FDs, mutual fund statements proving investment in specified modes
FCRA (if applicable)
FCRA Registration Certificate and FC-4 Return
For entities receiving foreign contributions - separate bank account details and utilisation report
Accumulation
Form 10 (for Section 11(2) accumulation)
Declaration of purpose and period for accumulation of income beyond the 15% automatic limit
DSC
Digital Signature Certificate of Authorized Signatory
Mandatory for e-filing and verification of ITR-7 - Aadhaar OTP not available for trusts
Section 11/12 Exemption - Income from Charitable Purposes:
Section 11 provides the foundational exemption framework for income derived from property held under trust wholly for charitable or religious purposes. Understanding this section is critical for accurate ITR-7 filing and maintaining tax-exempt status.
The 85% Application Rule (Section 11(1)): A charitable trust must apply at least 85% of its income towards its stated charitable or religious objects during the financial year. The remaining 15% is automatically allowed to be accumulated without any conditions or formalities. If the trust applies 85% or more, the entire income is exempt from tax.
Accumulation Beyond 15% (Section 11(2)): If the trust wishes to accumulate income beyond the 15% automatic limit for a specific purpose, it must file Form 10 before the due date of ITR-7, specifying the purpose, amount, and period of accumulation (maximum 5 years). The accumulated amount must be invested in modes specified under Section 11(5) - government securities, bank fixed deposits, UTI/mutual fund units, etc.
Corpus Donations (Section 11(1)(d)): Voluntary contributions received with a specific direction that they shall form part of the corpus of the trust are completely exempt and are not included in the income of the trust. However, corpus donations must be invested in specified modes under Section 11(5). Corpus donations cannot be counted as application of income.
Section 12 - Voluntary Contributions: Under Section 12, voluntary contributions received by a trust established wholly for charitable or religious purposes are treated as income for the purpose of computing application of income. This includes both specific and general donations, but excludes corpus donations covered under Section 11(1)(d).
Investment in Specified Modes (Section 11(5)): Trust funds (both corpus and accumulated income) must be invested in prescribed modes - government securities, fixed deposits with scheduled banks, UTI/mutual fund units, post office savings, or other modes notified by CBDT. Investment in non-specified modes (such as shares of private companies, personal loans, etc.) results in the invested amount being treated as deemed income of the trust for that year.
Critical Compliance!
If a trust fails to apply 85% of its income and does not file Form 10 for accumulation under Section 11(2), the shortfall becomes taxable at the maximum marginal rate (34.944%). Similarly, if accumulated income is not applied within 5 years or is diverted from the stated purpose, it becomes taxable income in the year of default.
Form 10B vs Form 10BB - Which Audit Report Applies?
Every trust and institution filing ITR-7 must obtain an audit report, but the applicable form depends on specific criteria. The CBDT bifurcated the earlier single Form 10B into two separate forms from AY 2023-24 onwards:
Parameter
Form 10B (Detailed Audit)
Form 10BB (Simplified Audit)
When Required
Total income (without exemption) exceeds ₹5 crore; OR entity receives FCRA donations; OR income is applied outside India
All other trusts and institutions not meeting Form 10B criteria
Detailed reporting of income applied for objects outside India
Not applicable
Filing Deadline
At least one month before the due date of ITR-7
At least one month before the due date of ITR-7
Filed By
Tax Professional
Tax Professional
e-Filing
Must be filed electronically on the e-Filing portal
Must be filed electronically on the e-Filing portal
Timeline: If the ITR-7 due date is 31st October, the Form 10B/10BB audit report must be filed by 30th September. This is a strict deadline - failure to file the audit report on time can result in denial of exemption under Sections 11/12 and potential cancellation of 12AB registration.
Recent Changes in Trust Taxation and ITR-7:
The trust taxation environment has undergone significant changes in recent years. Here are the most important developments affecting ITR-7 filers:
1. Section 12AB Registration Regime
All trusts must re-register under Section 12AB (replacing 12A/12AA). New trusts get provisional registration for 3 years via Form 10A, followed by final registration (5 years) via Form 10AB.
2. Five-Year Renewal Cycle
Registration under 12AB is valid for 5 years and must be renewed by filing Form 10AB at least 6 months before expiry. Non-renewal means automatic loss of exempt status.
3. Bifurcated Audit Forms
Form 10B and Form 10BB are now separate forms - 10B for larger trusts (>₹5 crore income/FCRA/foreign application), 10BB for others. Both have a strict filing deadline.
4. Penalty for Non-Application
Trust income not applied for charitable purposes (failing the 85% test) is now taxed at maximum marginal rate (34.944%). Stricter monitoring of deemed application and accumulation claims.
5. Form 10BD - Donation Statement
Trusts with 80G registration must file Form 10BD (Statement of Donations) by 31st May. Donors receive Form 10BE (donation certificate) for claiming tax deductions.
6. Stricter Anti-Abuse Provisions
New Section 115TD imposes exit tax on trusts whose registration is cancelled. Section 13(1)(c) strictly monitors prohibited investments and benefits to specified persons.
7. Deemed Application Changes
Capital expenditure on assets acquired for charitable purposes counts as application of income. Depreciation on such assets cannot be separately claimed to avoid double benefit.
8. FCRA Compliance Tightened
Trusts receiving foreign contributions must maintain designated FCRA bank accounts, file annual FC-4 returns, and use Form 10B (not 10BB) regardless of income level.
Benefits of Timely ITR-7 Filing:
Filing ITR-7 accurately and on time provides critical advantages for trusts, NGOs, and exempt institutions beyond mere compliance:
Maintain Exempt Status
Timely ITR-7 filing is mandatory to claim exemption under Sections 11/12. Non-filing can result in denial of exemption and taxation at maximum marginal rate.
Protect 12AB Registration
Regular ITR-7 filing demonstrates compliance and protects your 12AB registration from cancellation proceedings by the Income Tax Department.
Donor Confidence
Filed returns and active 80G registration build trust among donors. Many institutional donors and CSR partners require proof of ITR-7 filing before making contributions.
Government Grant Eligibility
Government grants, FCRA renewal, and CSR funding typically require proof of regular tax return filing. Non-filing disqualifies entities from these crucial funding sources.
Accumulation Benefits
Filing ITR-7 with Form 10 allows trusts to accumulate income beyond 15% for up to 5 years - enabling long-term project planning and asset creation.
Avoid Penalties & Scrutiny
Timely filing avoids late fees under Section 234F, interest charges, and reduces the risk of scrutiny assessments and adverse orders from the tax department.
Trusts and NGOs rely on IncorpX for accurate, compliant ITR-7 filing.
Related Services for Trust & NGO Compliance
Along with ITR-7 filing, these services help maintain a complete compliance framework for trusts, NGOs, and exempt institutions:
Comprehensive income tax support including ITR filing for all entity types, tax planning, notice handling, and compliance advisory for trusts and institutions.
Register a charitable or religious trust with proper trust deed drafting, state registration, 12AB application, and 80G certification.
Why Choose IncorpX for ITR-7 Filing?
ITR-7 filing requires specialized knowledge of trust taxation, exemption provisions, and compliance conditions. Here is what our process delivers:
Trust eligibility assessment - verify 12AB registration status and applicable filing section
Transparent pricing - starting at ₹9,999 for ITR-7 filing assistance (government fees charged separately)
Accurate 85% application of income computation and verification
Form 10B / 10BB audit coordination with experienced Tax Professionals
Section 11(2) accumulation planning and Form 10 filing
Corpus donation tracking and Section 11(5) investment compliance
FCRA donation reporting and foreign contribution compliance
Post-filing support for queries, notices, and department communications
Frequently Asked Questions About ITR-7 Filing
ITR-7 filing involves understanding trust taxation, exemption provisions, audit requirements, and compliance conditions specific to charitable trusts, NGOs, political parties, and educational institutions. This FAQ section addresses the most common queries.
The answers below cover real filing scenarios and are designed to help you make accurate, compliant decisions for your ITR-7 return.
ITR-7 is the income tax return form prescribed for persons including charitable trusts, religious trusts, NGOs, Section 8 companies, political parties, universities, hospitals, and other entities who are required to file returns under Sections 139(4A), 139(4B), 139(4C), or 139(4D) of the Income Tax Act, 1961. If your entity claims exemption under Sections 11/12, 10(23C), or 13A, ITR-7 is the mandatory form.
ITR-7 is exclusively for entities claiming tax exemptions as trusts, NGOs, political parties, universities, and similar institutions. Unlike ITR-1 or ITR-4 (for individuals and businesses), ITR-7 focuses on income from property held for charitable/religious purposes, voluntary contributions, application of income, and compliance with exemption conditions under Sections 11, 12, 10(23C), and 13A.
Section 139(4A) mandates return filing for every person who receives income derived from property held under trust or other legal obligation wholly for charitable or religious purposes, or income from voluntary contributions under Sections 11 and 12. This covers registered charitable trusts, religious trusts, and similar institutions with 12A/12AB registration.
Section 139(4B) requires every political party whose total income (before exemption under Section 13A) exceeds the maximum amount not chargeable to tax to file a return of income in ITR-7. Political parties must file ITR-7 even though their income is exempt under Section 13A, provided conditions like receiving donations through banking channels and maintaining proper accounts are met.
Section 139(4C) covers entities whose income is exempt under specific provisions - including scientific research associations (Section 10(21)), news agencies (Section 10(22B)), institutions under Section 10(23A), and entities under Sections 10(23C)(iv), (v), (vi), and (via) such as universities, hospitals, educational institutions, and medical institutions receiving government approval or having annual receipts exceeding prescribed limits.
Section 139(4D) requires every university or college receiving government aid, or whose total income without exemptions exceeds the basic exemption limit, to file ITR-7. This applies to institutions not already covered under Section 139(4A) or 139(4C) - specifically educational institutions affiliated to universities that need to report their income and expenditure.
Yes. Trusts and institutions registered under Section 12A/12AB are required to file ITR-7 irrespective of whether they have taxable income. Non-filing can result in loss of registration and denial of exemption for that assessment year. For NGOs and trusts, timely filing is critical to maintaining exempt status.
Under Section 11(1), a charitable trust must apply at least 85% of its income towards its charitable or religious objects during the financial year to claim full exemption. The remaining 15% is allowed to be accumulated without any conditions. If the trust fails to apply 85%, the shortfall amount becomes taxable unless it opts for deemed application or accumulation under Section 11(2).
Section 11(2) allows a trust to accumulate income beyond the 15% automatic accumulation for a specific purpose for up to 5 years. The trust must file Form 10 before the due date of ITR-7 specifying the purpose and period of accumulation. The accumulated amount must be invested in modes specified under Section 11(5) (government securities, fixed deposits, etc.). Failure to apply within 5 years makes the amount taxable.
Form 10B applies when: (a) total income of the trust/institution exceeds ₹5 crore (computed without giving effect to exemption provisions), or (b) the entity has received any foreign contribution under FCRA, or (c) the entity has applied income outside India. Form 10BB applies to all other trusts not meeting the above criteria. Both must be filed at least one month before the due date of ITR-7.
The Section 12AB registration regime replaced the earlier 12A/12AA system. All existing and new trusts must obtain provisional or final registration under 12AB. New trusts get provisional registration for 3 years via Form 10A, after which they must apply for final registration (5-year validity) via Form 10AB. Existing trusts must also re-register under 12AB. Non-registration means loss of exemption under Sections 11 and 12.
The due date for ITR-7 is generally 31st October of the relevant assessment year, as trusts and institutions requiring audit under Section 12A(1)(b) are treated as entities subject to audit. If transfer pricing provisions apply, the due date extends to 30th November. Late filing attracts penalty under Section 234F and may result in loss of exemption benefits.
Late filing of ITR-7 has serious consequences: (a) late filing fee under Section 234F (₹5,000 or ₹1,000 if income below ₹5 lakh), (b) interest under Sections 234A, 234B on any tax payable, (c) loss of exemption - the Income Tax Department may deny Section 11/12 exemption for that year, and (d) potential cancellation of 12AB registration on repeated non-compliance.
Corpus donations (voluntary contributions with a specific direction that they shall form part of the corpus of the trust) are fully exempt under Section 11(1)(d) and are not included in the income of the trust. However, they must be invested in modes specified under Section 11(5). Corpus donations must be separately disclosed in ITR-7 and cannot be treated as application of income.
Donations received from foreign sources under the Foreign Contribution (Regulation) Act, 2010 must be separately reported in ITR-7. FCRA-registered entities must maintain separate bank accounts for foreign contributions and report utilisation details. If the trust receives FCRA donations, the audit must be in Form 10B (not Form 10BB), regardless of income level.
Yes. A Section 8 company (formed for promoting commerce, art, science, sports, education, charity, or social welfare) can file ITR-7 if it has obtained registration under Section 12AB and claims exemption under Sections 11/12. Without 12AB registration, the Section 8 company must file ITR-6 as a regular company and pay tax at normal corporate rates.
If a trust fails to apply 85% of its income for charitable/religious purposes and does not accumulate under Section 11(2), the unapplied amount is deemed as income and taxed at the maximum marginal rate (currently 34.944% including surcharge and cess). Additionally, if accumulated income is not applied within 5 years or is not invested in specified modes, it becomes taxable in the year of default.
Section 11(5) specifies the following modes of investment for trust funds: (a) Government securities, (b) Fixed deposits with scheduled banks or post office, (c) Units of UTI or mutual funds, (d) any other mode as prescribed by CBDT. Trusts must ensure their corpus and accumulated funds are invested only in these specified modes. Investment in non-specified modes attracts deemed income treatment.
At IncorpX, our trust taxation specialists assist with the complete ITR-7 filing process - from income computation and 85% application verification to Form 10B/10BB audit coordination, corpus donation tracking, FCRA compliance, accumulation reporting under Section 11(2), and Form 10/10A filing. We ensure your trust maintains exempt status, complies with 12AB requirements, and files a notice-safe return.
ITR-7 contains specialized schedules including: Schedule AI (aggregate of income), Schedule VC (voluntary contributions/donations), Schedule IE (income and expenditure), Schedule HP (income from house property held for charitable purposes), Schedule IT (details of advance tax and self-assessment tax), Schedule TDS, Schedule BP (income from business held under trust), Schedule AI-I (application of income in India), and Schedule AI-O (application outside India).
IncorpX provides end-to-end ITR-7 filing support specifically designed for charitable trusts, NGOs, Section 8 companies, and exempt institutions. Our services include: (a) Section 12AB registration compliance, (b) Form 10B/10BB audit coordination, (c) 85% application of income verification, (d) FCRA donation tracking, (e) Section 11(2) accumulation planning, (f) Corpus donation management, and (g) Notice-safe filing at ₹9,999. Listed amounts are IncorpX professional charges for assistance. Government/statutory fees are charged separately at actuals. Contact us via Income Tax Services for a free consultation.
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