ITR-7 Form Filing

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ITR-7 Form Filing Service

Online Filing Support for Trusts, NGOs & Institutions in India

At Tax Pal Solutions, we specialize in filing the ITR-7 form—designed specifically for trusts, NGOs, political parties, educational institutions, and other exempt entities. Our team ensures full compliance, timely filing, and transparent guidance tailored to your organization.

Why Choose Tax Pal Solutions?

  • Timely & accurate ITR-7 filing with zero errors
  • Expert advisory on eligibility, exemptions & compliance rules
  • Complete process management: from data preparation to e-verification
  • Reduced risk of penalties, delays, and notices
  • Transparent, fixed pricing with no hidden costs

Key Highlights

Feature Details
Who Can File Trusts, NGOs, Political Parties, Research Institutions, Educational & Medical Institutions, Business Trusts, AIFs
Form Type ITR-7 (Applicable under Sections 11, 12, 13, 15, 35, 44, 80G, etc.)
Mode of Filing 100% Digital via Income Tax e-Filing Portal
Verification Mandatory through DSC, Aadhaar OTP, or Electronic Verification Code
Deadline (FY 2024-25 / AY 2025-26) 31st October 2025 (Audited Accounts), 15th September 2025 (Non-Audited), 30th November 2025 (with Section 92E Report)
Penalty for Late Filing ₹1,000 to ₹10,000 + Interest (depending on income and filing date)

Who Must File ITR-7?

  1. Charitable & Religious Trusts claiming exemption under Sections 11 & 12
  2. Educational & Medical Institutions under Section 10(23C)
  3. Political Parties with taxable income beyond exemption limit
  4. Scientific Research Associations & News Agencies under Sections 10(21), 10(22B)
  5. Universities, Colleges & Hospitals (mandatory, irrespective of income)
  6. Business Trusts (REITs & InvITs) under Section 139(4E)
  7. Alternative Investment Funds (AIFs) under Section 115UB

ITR-7 Form Updates (AY 2025-26)

  • New Disclosures: Donor-wise details, foreign contributions, fund utilization
  • Mandatory Audit Report: To be uploaded at least 1 month before due date
  • Pre-Filled Data: Donation & exemption details pre-filled by the IT Dept.
  • Enhanced Scrutiny: Especially for organizations receiving foreign funds
  • Compulsory E-Verification: Aadhaar OTP, DSC, or EVC required

Filing Process with Tax Pal Solutions

  • Data Collection: Income, donor lists, assets, liabilities, financial statements
  • Return Preparation: Using the official ITR-7 utility (Excel/JSON format)
  • Validation & Error Check: Ensuring compliance with Income Tax rules
  • Upload & Filing: Submitting ITR-7 with required audit reports
  • E-Verification: Through DSC, Aadhaar OTP, or EVC
  • Acknowledgement: Receive ITR-V as proof of successful filing

Structure of ITR-7 Form

  • Part A: General details of the entity
  • Part B: Computation of income & tax liability
  • Schedules: EI, VC, J, LA, ET, ER, EC, CG, OS, BP, SH, etc. (depending on applicability)

Penalties for Delay

Scenario Penalty / Consequence
Income ≤ ₹5 lakh ₹1,000 maximum
Income > ₹5 lakh, filed by 31st Dec ₹5,000
Income > ₹5 lakh, filed after 31st Dec ₹10,000
Additional 1% monthly interest on unpaid tax (Sec. 234A)
Other Loss carry-forward not allowed; refunds delayed