Income Tax Dept Releases Excel Utility of ITR-7 for AY 2025-26
The Income Tax Department releases Excel Utility for ITR-7 (AY 2025-26) along with the schema and validation files.
The Income Tax Department has released the Excel Utility of ITR-7 for Assessment Year (AY) 2025-26 on 21st August 2025. Along with the schema and validation files have also been made available for download to help eligible entities prepare and file their returns.
Details of Release
- Utility: Excel-based, ZIP file (Version 1.0), 5.8 MB — released 21-Aug-2025.
- Schema: ZIP file, 440 KB — first release 21-Aug-2025.
- Validations: PDF file, 831 KB — first release 21-Aug-2025.
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Who should file ITR-7?
ITR-7 is a specialized return form required to be filed by persons including companies who are obligated under the following sections of the Income-tax Act, 1961:
- Section 139(4A): Charitable or religious trusts, institutions, and organizations claiming exemption under sections 11 and 12.
- Section 139(4B): Political parties whose income (before exemptions) exceeds the basic exemption limit.
- Section 139(4C): Specified institutions such as news agencies, scientific research associations, universities, educational institutions, medical and other hospitals.
- Section 139(4D): Universities, colleges, and other institutions not required to file income or loss under other provisions.
This means ITR-7 is typically filed by trusts, NGOs, political parties, universities, hospitals, and certain institutions rather than individual taxpayers or regular companies.
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Due Dates for Filing ITR-7 (AY 2025-26)
- September 15, 2025 - For non-audit cases (where audit of accounts is not required).
- October 31, 2025 - For entities whose accounts are subject to audit.
- November 30, 2025 - For cases where transfer pricing or detailed audit provisions apply.
Entities must ensure timely filing to avoid penalties and to continue availing tax exemptions and benefits under the Income-tax Act.
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