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ITR-7 Excel Utility for AY 2026-27 Now Available
Trusts and institutions can start preparing ITR-7 returns offline after the Income Tax Department released the Excel utility for AY 2026-27. Filing deadlines run from August to November.
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The Income Tax Department released the Excel utility for ITR-7 for assessment year 2026-27. Eligible trusts, institutions, and political parties can now prepare their returns offline before the filing deadlines.
The form applies to entities required to file under Sections 139(4A), 139(4B), 139(4C) and 139(4D) of the Income-tax Act. That covers charitable trusts, religious institutions, political parties, scientific research bodies, universities and colleges, according to ClearTax. Firms, companies, associations of persons, local authorities and artificial juridical persons can also use ITR-7 where applicable. The department announced the rollout on X.
ITR-7 is not for salaried individuals. Entities with unconditionally exempt income under Section 10 that do not otherwise need to file under Section 139 are excluded from AY 2022-23 onward.