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With the release of ITR-7, all return forms for AY 2025-26 are now available for filing either online or via downloadable utilities.
ITR Filing 2025.
The income tax department on Friday announced that the Excel utility for filing Income Tax Return (ITR) Form 7 for the assessment year (AY) 2025-26 is now live. With this, all return forms for AY 2025-26 are now available for filing either online or via downloadable utilities.
The due date for filing non-audit ITRs is September 15, 2025, while the deadline for audit-requiring ITRs is October 31.
In a post on X on Friday, the department said: “Kind Attention Taxpayers! Excel Utility of ITR-7 for AY 2025-26 is now live and available for filing.”
Who Should Use ITR-7?
ITR-7 is meant for persons, including companies, who are required to furnish returns under:
- Section 139(4A): Income from property held under trust for charitable or religious purposes.
- Section 139(4B): Political parties.
- Section 139(4C): Certain institutions such as scientific research associations, news agencies, universities, etc.
- Section 139(4D): Universities, colleges, and institutions not required to furnish return of income/loss under other provisions.
In practice, this form is primarily used by charitable trusts, religious institutions, political parties, and specified educational or research bodies claiming exemptions under the Income Tax Act.
ITR Filing Season Updates
With the release of ITR-7, all return forms for AY 2025-26 are now available for filing either online or via downloadable utilities. The department has been rolling them out in a phased manner to ensure smooth compliance.
Tax experts caution that entities filing ITR-7 should carefully report donations received, income applied for charitable/religious purposes, and other exempt income, supported by proper documentation to avoid scrutiny.
The last date to file ITR-7 for AY 2025-26 (for assessees whose accounts are audited) is October 31, 2025, unless the government announces an extension.
All ITR Forms for AY 2025-26 at a Glance
- ITR-1 (Sahaj): For resident individuals with income up to Rs 50 lakh from salary, one house property, long-term capital gains up to Rs 1.25 lakh, and other sources (interest, etc.).
- ITR-2: For individuals and HUFs with capital gains income but not having income from business or profession.
- ITR-3: For individuals and HUFs with income from business or profession.
- ITR-4 (Sugam): For individuals, HUFs, and firms (other than LLPs) under presumptive taxation scheme (Sections 44AD, 44ADA, 44AE).
- ITR-5: For firms, LLPs, AOPs, BOIs, and cooperative societies.
- ITR-6: For companies other than those claiming exemption under Section 11 (charitable/religious trusts).
- ITR-7: For persons including companies required to furnish return under Sections 139(4A), (4B), (4C), and (4D), i.e., trusts, political parties, institutions, etc.
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More
Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More
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