ITR-7 Return Filing by N D Savla & Associates
ITR-7 is a specialized income tax return form for entities claiming exemptions
under various sections of the Income Tax Act, 1961. This form applies to charitable
trusts, religious institutions, political parties, educational bodies and other
exempt institutions.
At N D Savla & Associates, we provide expert-driven ITR-7 filing services in India,
ensuring complete accuracy, timely filing and full statutory compliance.
Our qualified Chartered Accountants specialize in handling income tax returns
for trusts, NGOs and exempt entities.
Get in touch today for a smooth, compliant ITR-7 filing experience.
What is the ITR-7 Form?
- Section 139(4A) – Returns of charitable or religious trusts
- Section 139(4B) – Returns of political parties
- Section 139(4C) – Returns of specified institutions
- Section 139(4D) – Colleges and universities
- Section 139(4E) and 139(4F) – Business trusts and investment funds
Who Should File ITR-7?
- Charitable or Religious Trusts
- Political Parties
- Scientific Research Institutions
- Colleges, Universities and Educational Institutions
- News Agencies
- Khadi and Village Industries
- Investment Funds and Business Trusts
- Societies and Local Authorities
Who Cannot File ITR-7?
- Individual taxpayers not claiming exemptions
- Companies filing under regular ITR forms
- Firms or LLPs filing under ITR-5 or ITR-6
- Any entity not eligible for exemption under Section 11
ITR-7 Filing Due Dates – AY 2024–25
- Without audit – 31st July 2024
- With audit – 31st October 2024
- With transfer pricing report – 30th November 2024
Step-by-Step ITR-7 Filing Procedure
- Fill Part A – General Information
- Fill Part B – Income Computation
- Complete Applicable Schedules
- Verify and Submit Return
- Download ITR-V Acknowledgement
- Complete e-verification
Methods to File ITR-7
- Online filing using Digital Signature Certificate (DSC)
- Electronic filing without DSC followed by ITR-V submission
- Sending signed ITR-V to CPC Bangalore if required
Common Filing Mistakes to Avoid
- Incorrect PAN or registration details
- Not reconciling with Form 26AS
- Filing incorrect schedules
- Omitting voluntary contributions
- Failure to get audit reports filed online
Why Choose N D Savla & Associates for ITR-7 Filing?
Specialized Expertise
Deep understanding of ITR-7 requirements.
Accurate and Timely Filing
Returns reviewed by Chartered Accountants.
Complete Compliance Support
End-to-end assistance including verification.
Audit Assistance
Support in Section 10 and 12AB audits.
Authority Coordination
Liaison with income tax departments.
Confidential Process
Secure handling of trust financial data.
Get Expert Help with ITR-7 Filing Today
Need help filing ITR-7 for your trust or exempt institution?
Let our experts ensure accurate, timely and compliant filing every time.