ITR-7 is filed by institutions involved in charitable and religious activities; research; and professional organizations, in addition to political parties and electoral trust. (Representative image)
The Income Tax Department has extended the deadline for filing income tax returns for charities, religious institutions and professional bodies
The Income Tax Department has extended the deadline for filing income tax returns for charities, religious institutions and professional bodies by one month to November 30.
Also, the due date for filing audit reports for 2022-2023 by any fund, trust, institution or any university, educational institution or medical institution in Form 10B/10BB has been extended by one month to October 31, 2023.
“The due date for filing return of income in Form ITR-7 for assessment year 2023-24, i.e. 31.10.2023, is extended to 30.11.2023,” the department said in a statement.
ITR-7 is filed by institutions involved in charitable and religious activities; research; and professional organizations, in addition to political parties and electoral trust.
(This story has not been edited by News18 staff and is published from a syndicated news agency feed – PTI)