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ITR Series: Day 14:ITR-7 – The Return for Charitable Trusts, Institutions & Political Entities

Table of Contents Overview Who Can File ITR-7? Who Cannot Use ITR-7? Key Structure Important Considerations Why ITR-7 is Uniquely Detailed? Final Word Unlike other ITR forms that focus on individual or business income, ITR-7 is a return with a purpose. It’s specially designed for charitable and religious trusts, political parties, research institutions, and educational/medical entities…

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ITR Series: Day 3:  Types of ITR Forms- Which one is right for you?

Table of Contents Overview What’s New for FY 2024-25? ITR Form Snapshot: Who should file what? Breakdown of each ITR FormITR-1 (Sahaj) – “Simple & Straightforward” ITR-2 – “For the Investor & Global Earner” ITR-3 – “The Business Mind” ITR-4 (Sugam)– “Presumptive & Proud”  ITR-5 – “The Entity Return” ITR-6 – “Corporate Compliant” ITR-7 – “For…

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