ITR-7 Filing Services

Trusts, NGOs & Exempt Income Entities

Expert Assistance for ITR-7 Filing

At Thrive Tax Solutions, we provide specialised ITR-7 filing services for trusts, NGOs, religious institutions, and exempt entities. Filing is mandatory to maintain exemption status even if there is no activity during the year.

πŸ“˜ What is ITR-7?

ITR-7 is applicable to entities filing under Sections 139(4A), 139(4B), 139(4C), or 139(4D) and is used by organisations claiming exempt income.

πŸ‘€ Who Should File ITR-7?

  • Charitable & Religious Trusts
  • NGOs
  • Educational & Medical Institutions
  • Political Parties
  • Entities under Sections 11, 12, 10(23C)

πŸ“… Due Dates

  • 31 October – Audit cases
  • 30 November – Transfer pricing cases

Due dates are subject to extension by the Income Tax Department

πŸ“‚ Documents Required

  • PAN & trust deed
  • 12AB / 80G approval
  • Income & Expenditure statement
  • Balance Sheet
  • Audit Report (Form 10B / 10BB)
Other Documents (If Applicable)
  • Donation receipts
  • Utilization details of funds
  • Activity / annual report

Audit Applicability for ITR-7

  • Audit is mandatory if total income exceeds the basic exemption limit
  • Audit must be conducted by a Chartered Accountant
  • Audit report must be filed before filing ITR-7

We Service Including – ITR-7

At Thrive Tax Solutions, our ITR-7 services include:

  • Compliance for Sections 11, 12 & 10(23C)
  • Audit coordination & reporting
  • Donation & utilisation verification
  • Belated & Revised ITR-7 filing
  • Interest & late fee calculation
  • E-verification & acknowledgment
  • Refund tracking & follow-up
  • Income tax notice & exemption-related support
Get Expert Help for ITR-7 Filing