ITR-7 is the Income Tax Return form applicable to persons and entities required to furnish returns under specific sections of the Income Tax Act, primarily relating to charitable trusts, political parties, research institutions, and other exempt organizations. For Assessment Year (AY) 2026-27, the Central Board of Direct Taxes (CBDT) has introduced revised reporting requirements and… Continue reading ITR-7 Changes for AY 2026-27: What Charities, Trusts & NGOs Must Know
