Income Tax Portal Update: Excel Utility of ITR-7 for AY 2025-26 is Now Live and Available for Filing:

Income Tax Portal Update: Excel Utility of ITR-7 for AY 2025-26 is Now Live and Available for Filing The Income Tax Department has released the Excel Utility for ITR-7 for the Assessment Year 2025-26. This update allows the eligible taxpayer to file their return using the Excel utility of ITR-7 available on the e-filing portal of the Income Tax Department.

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Who Must File ITR-7? ITR-7 is meant for firms, companies, association of persons (AOP), Local Authority and Artificial Judiciary Person, who are required to file their ITR under section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D) of the Income Tax Act. These entities can now file their returns for the AY 2025-26. Due Date for Filing ITR-7 The due date for filing ITR is usually October 31 of the assessment year, unless extended by the government.