Introduction
ITR Form 7 notified for AY 2025-26 via CBDT Notification No. 42/2025 dated 29.04.2025. This form is for entities like trusts, political parties, and institutions claiming exemptions under various sections of the Income Tax Act, 1961.
Who Should File ITR Form 7?
- Charitable or religious trusts under Section 139(4A)
- Political parties under Section 139(4B)
- Scientific research institutions under Section 139(4C)
- Universities, colleges, and other institutions under Section 139(4D)
- Business trusts or investment funds under Section 139(4E) and 139(4F)
What’s New in ITR Form 7 for AY 2025-26?
As per CBDT Notification No. 42/2025, here are the changes:
| Feature | AY 2024-25 | AY 2025-26 |
|---|---|---|
| Form Availability | PDF & Java utility | JSON utility on Income Tax Portal |
| New disclosures | Not mandatory | Disclosure of income from unexplained sources u/s 115BBI |
| Verification options | Digital Signature only | Now includes EVC for select filers |
| Foreign Contributions | Optional disclosure | Now mandatory if received |
| Audit Report linkage | Manual | Auto-filled based on Form 10B/10BB uploaded |
Step-by-Step: Filing ITR Form 7 Online
- Log in to www.incometax.gov.in
- Navigate to e-File → Income Tax Return
- Select ITR Form 7
- Choose Assessment Year 2025–26
- Fill details:
- PAN and basic info
- Income details under Schedule AI and Schedule ER
- Details of exemptions and deductions
- Attach audit report (Form 10B or 10BB)
- Verify return using DSC or EVC
- Submit and download ITR-V for records
Legal References
- Notification No. 42/2025-Income Tax dated 29.04.2025
- Income-tax Act, 1961 – Section 139(4A to 4F)
- Section 115BBI – Tax on income from unexplained sources
For official notification: View on incometaxindia.gov.in
Expert View from Efiletax
“Many trusts miss deadlines for uploading Form 10B/10BB. With auto-linking now enabled in Form 7, ensure audit is filed first to avoid errors.” – Efiletax Compliance Team
Common Mistakes to Avoid
- Failing to disclose foreign contributions
- Not using updated utility from portal
Subheading with Focus Keyphrase
How to File ITR Form 7 Online: A Simple Guide
Use the updated utility, link audit reports properly, and ensure all schedules are filled.
FAQ Section
Q1. Can ITR Form 7 be filed using EVC?
Yes, for certain filers EVC is allowed. Otherwise, DSC is mandatory.
Q2. Is Form 10B mandatory for all trusts?
Yes, if gross receipts exceed ₹5 crore or if conditions under Rule 10B apply.
Q3. Can Form 7 be revised?
Yes, if the original was filed within the due date.
CBDT has notified ITR Form 7 for AY 2025–26 for trusts, political parties, and institutions under Section 139. Key updates include new disclosure under Section 115BBI, EVC verification, and audit report auto-linkined