Income Tax Return (ITR-7) & Audit Filings for NPOs
Fulfill annual tax compliance and protect your tax-exempt status. We handle accurate ITR-7 filing, Audit Report Form 10B/10BB, and Section 11 accumulation planning.
Scope
What's included
- Preparation and electronic filing of Income Tax Return Form ITR-7
- Audit Report preparation and online filing in Form 10B / Form 10BB with CA certification
- Tax planning for 85% revenue application requirement under Section 11(1)
- Filing Form 10 for income accumulation up to 5 years for specific charitable projects
- Filing Form 9A for deemed application of income when funds are received late in the fiscal year
- Handling income tax intimations, rectifications, and notice responses
How it works
Our process
- 1
Reconciliation
We reconcile your financial statements with 12A/12AB exemption conditions and Form 26AS/AIS data.
- 2
Audit Report Form 10B/10BB
We prepare and upload the statutory audit report on the Income Tax portal prior to return filing.
- 3
ITR-7 E-Filing
We complete and file Form ITR-7, ensuring all exemptions, accumulations, and corpus donations are correctly claimed.
- 4
Verification & Archive
We verify the return electronically and archive the statutory acknowledgment and tax computation sheet.
Be prepared
Documents you'll need
Scanned copies or clear photos are fine. We'll confirm the exact list for your case in the first call.
- Audited Financial Statements (Balance Sheet, Income & Expenditure, Receipts & Payments)
- Copy of 12A/12AB and 80G registration certificates and URN details
- Form 26AS, AIS, and TIS downloaded from the Income Tax portal
- Details of corpus donations received with specific donor direction letters
- Bank account details and digital signature certificate of the authorized trustee/director
FAQs
Common questions
What is ITR-7 and who must file it?
ITR-7 is the mandatory income tax return form for organizations claiming exemption under Section 139(4A), 139(4B), 139(4C), or 139(4D) — including Charitable Trusts, Societies, Section 8 companies, and educational/medical institutions.
What is the 85% income application rule for charities?
Under Section 11 of the Income Tax Act, a tax-exempt NPO must apply at least 85% of its income toward charitable objects in India during the financial year. If application falls below 85%, the unspent amount must be accumulated via Form 10 or Form 9A to avoid tax.
What is the difference between Form 10B and Form 10BB?
Form 10B is the audit report required for trusts/institutions whose total income exceeds ₹5 Crore, or which receive foreign contributions, or operate outside India. Form 10BB is used for other eligible NPOs under Section 10(23C) or Section 12A.
Related
Clients often pair this with
NPO Financial Statements
Maintain impeccable transparency and donor trust. We prepare tailored NPO Balance Sheets, Income & Expenditure Statements, and Cash Receipts & Payments reports.
Tax Exemptions
Obtain tax-exempt status for your non-profit and enable tax-deductible contributions for your donors. We guide you through provisional and final Form 10A/10AB filings.
NPO Annual Compliance
Keep your non-profit organization fully compliant with statutory authorities. We handle Section 8 ROC filings (AOC-4 IE, MGT-7A), Trust & Society annual returns, trustee changes, and governance reports.
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