How to File ITR-7: A Step-by-Step Guide

Who Must File. ITR-7 is the Income-tax return form prescribed for trusts, institutions, and similar entities required to file under Sections 139(4A), 139(4B), 139(4C) or 139(4D) of the Act. In particular, Section 139(4A) mandates that any trust or institution claiming exemption under Section 11 or 12 must furnish a return of income on or before the due date. This includes registered charitable or religious trusts, educational and medical institutions, and others. (Entities wholly exempt under Section 10 may instead use the form applicable to their category & need not use ITR-7.) From Assessment Year 2022–23 onward, persons whose income is unconditionally exempt may use other ITR forms; but generally, a trust with any taxable income or carrying forward exempt income uses ITR-7.