Income Tax Department launches ITR-7 Excel utility for AY 2026-27
Business
The Income Tax Department just rolled out the ITR-7 Excel Utility for Assessment Year 2026-27.
This tool lets eligible groups fill in their tax return details offline, check everything's correct, and then upload a JSON file on the e-Filing portal.
The department shared the news on X (formerly Twitter).
ITR-7 applies to trusts and institutions
ITR-7 is mainly for charitable trusts, political parties, research bodies, universities, colleges, and similar organizations filing under specific sections of the Income-tax Act.
For non-audit cases, the deadline is August 31, 2026; audit cases get until October 31, 2026.
But if your income is totally exempt under Section 10 and you don't need to file under Section 139, this form isn't for you.