ITR-7 Form Filing

itr-7 form filing

ITR-7 Form Filing- The Income Tax Department has notified various ITR forms for different Taxpayers who are based on the source of income of different taxpayers. This is done in order to create a simple tax structure in our country. Based on the source of income, a taxpayer chooses ITR form and file his/her return. The return is required to be filed every year subsequent to the year of income. Now the details of PAN and Aadhaar card is mandatorily required to be furnished with the department while filing the ITR return. There are various forms like ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 and ITR 7 which is required to be filed by the different taxpayer. However, it is to be noted that it is not mandatory to file the return by all taxpayers, this is only the certain individual having threshold income more than as prescribed under the Income Tax Act who are required to submit the Income-tax return.

The return must be filed before the due date in order to avoid late fees and penalties. Further, aforesaid forms are designed for different taxpayers and it shall be processed by the Income-tax department accordingly.


The ITR Form-7 is to be filed by all taxpayers which include a Company, any firms, AOP, and also other organizations that falls under Section 139 (4A), Section 139 (4B), Section 139 (4C) and Section 139 (4D).

Section 139 (4A) of the Income Tax Act, 1961 provides for aforesaid Taxpayers which are getting their income from any properties involved in religious or charitable purposes.

Section 139 (4B) of the Income Tax Act, 1961 provides for aforesaid Taxpayers which is a Political party. As we know that Political parties are exempted from any levy of tax as provided under Section 13A of the Income Tax Act, 1961 however, it is applicable only if the Political party filed the Income-tax return in ITR Form-7.

Section 139(4C) specifies the following Taxpayers who required to file ITR Form-7.

  • Any News Agency
  • An Association involved in Scientific research
  • All Institutions as categorized under Section 10(23b) of the Income Tax Act, 1961
  • Any Associations / Institutions as mentioned under Section 10(23a) of the Income Tax Act, 1961 and
  • Various Funds, Universities, Institutions, any educational institution, and medical institutions including hospital

Section 139(4D) provides for educational institutions which are not covered above shall file ITR Form 7.


The ITR-7 Form Filing can be furnished online, for this one need to login to the account which shall be prepared on the website of Income-tax department and shall be verified. Thereafter, an acknowledgment shall be send to the registered email id of the Taxpayer. The online return can be verified through Aadhaar OTP/EVC. The Acknowledge can also be sent physically through post at below address:

Income Tax Department

Post Bag No. 1, Electronic City Office, Bengaluru— 560500, Karnataka.

Every year ITR Form 7 has to be filed on or before 31st July of the subsequent year. Thereafter, the late fee shall be levied. Here is a tabular representation of late fees for easy understanding:

Filing Date If Income is Below 5,00,000/- If Income is Above 5,00,000/-
31st July 2019 0 0
Between 1st August to 31st Dec 2019 1,000/- 5,000/-
Between 1st Jan 2020 to 31st March 2020 1,000/- 10,000/-



  1. Part A
  2. Schedules
  3. Part B and
  4. Verification


It is to be noted that no documents are required to be furnished with ITR Form 7.

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