Easily File Income Tax Return – ITR-7 Form Filing
E-TaxWala has simplified the life of taxpayers by giving them an easy method of eFiling. Now, you can smoothly file your income tax return online with the assistance of an amazingly competent team of Tax Experts of E-TaxWala.
ITR-7 Form Filing
ITR-7 form can be used by companies, firms, local authorities, AOPs and artificial judiciary person to claim rebate under section 11. The companies which are going to receive exemption under the following sections are included in this taxation system – Charitable /Religious trust under Section 139 (4A), Political party under Section 139 (4B), Scientific research institutions under Section 139 (4C) and University or Colleges or Institutions or Khadi and Village industries under Section 139 (4D).
Main Pointers of ITR-7 Form
Methods of Filing Tax
Using ITR-7 form any eligible organization can file a tax return with the Income Tax Department of India by following methods – filing return electronically using a digital signature, by electronically under electronic verification code and finally by retrieving data electronically afterward submitting the very of the return in Return Form ITR-V.
Eligible to File
ITR-7 can be filed by any company or juridical person who is claiming an exemption under any of these headers – Section 139(4A), Section 139 (4B), Section 139 (4C) and Section 139 (4D). The assess who isn’t claiming under any of these categories can’t use ITR-7 form. E-TaxWala team can further briefly explain to you whether you are liable under this tax return form or not.
The tax assesses whose account need to be audited before filing return using ITR-7 form should pay on or before 30th September. The due date for tax assesses whose account audit report isn’t required can file their tax return on or before 31st July.
To file an income tax return under ITR-7 FORM, an eligible firm requires to file return along with the following documents – PAN Card, Aadhar Card, Bank Passbooks and Form 16.
How Can We Help You?
Tax assesses who are liable to pay income tax return using ITR-7 form should definitely consult E-TaxaWala team as they can assist by giving:
- Free Consultation
- Calculating your Annual Income
- eFiling of ITR-7 Form
- Claiming Income Tax Refund