Returns under Income Tax Act


All Charitable Organisations having income exceeding the minimum exemption limit during the previous year are required to file their return of income manually in ITR-7 by the 30th September of the assessment year. The ‘income’ for the purposes of filing the return should be computed without giving effect to the provisions of sections 11 and 12 of the Act. Such returns are to be filed with the Income-Tax Officer or the Assessing Officer under whose local jurisdiction they fall. The return is to be filed as per the provisions of section 139(4A) and (4C) in the manner provided in section 139 of the Act.

One set of the following documents are required to be attached with the return :

(i) Audit Report in Form 10B.

(ii) Balance Sheet.

(iii) Income and Expenditure Account.

(iv) Receipt and Payment Account.

(v) Copy of the Registration Certificate.

(vi) In case the organisation has accumulated income, resolution for accumulation.

(vii) Form 10 in which application for accumulation is made.

ITR 5 – Cooperative societies

Association of Person (AOP)/Body of Individuals (BOI)/Local Authority (LA)/Co-operative Society/Artificial Juridical Person referred to in section 2(31) (vii) are required to file return of income in ITR -5.

On or before 30th September if audit is required

On or before 31st July in any other cases