Central Board of Direct Taxes
Directorate of Income Tax (Systems)
E-2, A.R.A. Centre, Ground Floor
Jhandewalan Extension
New Delhi – 110055
Checklist to Avoid Mistakes in Filing ITR 7 for AY 2020-21
| S. N. | Exem-ption claimed under section | Return furn-ished section | Registr-ation / Approval under section | Regist-ration Details Comp-ulsory | Appli-cable income Sche-dules to be filled for claim of exem-ption | Schedule for claim of Income Eligible for Exem-ption | Taxable Heads of Income (These schedules is to be filled only if that head of income is taxable and not eligible for exemption | Efiling Audit Report required and Audit Form | Other Require-ments |
| 1 | Sec 11 | 139(4A) | 12A / 12AA | In Schedule Part A General-Personal Inform-ation – Details of regist-ration under Income Tax Act | Sche-dule AI and VC | 1) Amount applied for charitable purpose- details to be filled in schedule ER (Revenue Account) and EC (Capital Account) 2) Exemption under clause 2 of explanation to section 11(1) (Deemed Appli-cation) and section 11(2) (Accum-ulation) to be claimed in PART-BTI | Further income due to non compli-ance of provisions of the Act has to be entered in sr.no.5-Additions (sec. 11(1B), 11(3), 12(2) etc.) of Schedule Part BTI Anon-ymous donation taxable u/s 115BBC | Audit report in Form 10B is required to be e-filed one month prior to the due date specified u / s 139(1) (Section 12A(1)(b)) | 1) If your claiming exemption under explan-ation 11(1)-for Deemed Appli-cation- Form 9A to be efiled before due date.2 ) Exemption under section 11(2)- for Accumu-lation- Form 10 has to be e-filed within due date and return has to be e-filed within due date. |
| 2 | Section 10 (23C)(iv) / 10(23C) / 10(23C) (v) / 10(23C) (vi) / 10(23C) (via) | 139(4C) | Section 10 (23C)(iv) / 10(2 3C) / 10(23C) (v) / 10(23C) (vi) / 10(23C) (via) | In Schedule Part A General- Personal Inform-ation – Details of Approval under Income Tax Act | Sche-dule AI and VC | 1) Amount applied for charitable purpose- details to be filled in schedule ER (Revenue Account) and EC (Capital Account) 2) Exemption under clause 2 of expla-nation to section 11(1) (Deemed Appli-cation) and section 11(2) (Accumu-lation) to be claimed in PART-BTI | Further income due to non comp-liance of prov-isions of the Act has to be entered in sr.no. 5- Additions (sec. 11(1B), 11(3), 12(2) etc.) of Schedule Part BTI | Audit report in Form 10BB is required to be e- filed one month prior to the due date specified u / s 139(1) (Proviso 10 to section 10(23C)) | 1) No Forms Notified for the purpose of claiming exemption for deemed application under clause 2 of expla-nation 11(1).2) No Forms notified for the purpose of claiming exemption under Third Proviso to section 10(23C) – for Accum-ulation. |
| 3 | Sec 10(23C)(iiiab) / (iiiac) | 139(4C) | In Schedule PI- Details of regist-ration or approval under any law other than Income Tax Act | Sche-dules VC and IE-3 | Amount of Exemption u / s 10(23C)(iiiab) to be entered in Schedule Part BTI in sr.no.9a and exemption u / s 10(23C)(iiiac) to be entered in Schedule Part BTI in sr.no.9b | Gross receipts to be filled in Schedule IE-3 Grants received from Govern-ment to be filled in Schedule VC and in Schedule IE-3 | |||
| 4 | Sec 10(23C)(iiiad) (iiiae) | 139(4C) | Sche-dules VC and IE-4 | Amount of Exemption u / s 10(23C)(iiiad) to be entered in Schedule Part BTI in sr.no.9c and exemption u / s 10(23C)(iiiae) to be entered in Schedule Part BTI in sr.no.9d | Anony-mous donation taxable u / s 115BBC | Gross Receipts has to be filled in Schedule IE-4. If Gross receipts exceeds Rs.1 Crore, you are not eligible for exemption under section 10(23C) (iiiad) and (iiiae). | |||
| 5 | 13A | 139(4B) | In Schedule PI- Details of regist-ration or approval under any law other than Income Tax Act | Sche-dule VC and Sche-dule HP, Sche-dule CG, Sche-dule OS | Amount of Exemption to be entered in Schedule Part BTI in sr.no.12a | 1) Exem-ption is not allowable on: Income from BP Income Entered under heads of income HP, CG and OS will be considered for Exem-ption. | For 13A – Schedule LA to be filed-Mandatory fields-a) Books of accounts is maintainedb) Record of Voluntary Contri-bution exceeding Rs.20,000c) Books of Accounts Auditedd) Donation Exceeding Rs.2000 by cheque or electronic mode onlye) Report under section 29C(3) Represe-ntation of People Act is submitted.Return of income has to be filled within due date specified u / s 139(1) | ||
| 6 | 13B | 139(4B) | 13B | In Schedule PI- Details of regist-ration or approval under Income Tax Act | Sche-dule ET to be filled for dona-tions and appli-cation of Income. If any income is taxable (not exempt) the head wise income sche-dule has to be filled | Amount of Exemption to be entered in Schedule Part BTI in sr.no. 12b | Income disclosed under schedule Voluntary contri-bution only will be considered for exem-ption. | Audit Report in Form no.10BC to be filed with the Jurisdic-tional Comm-issioner before due date for filing of the return | For 13B – Schedule ET should filed-Mandatory fields-a)Books of accounts is maintainedb) Record maintained for Voluntary Contri-butionc) Record maintained for eligible political party to whom contri-butions distributedd) Books of Accounts Audited as per Rule 17CA. |
| 7 | 10(22B), 10(23B), 10(23D), 10(23DA), 10(23EC), 10(23ED), 10(23EE), 10(29A), 10(46), 10(47) | 139(4C) | Sche-dules VC if appli-cable and IE-1 | Amount of Exemption to be entered in Schedule Part BTI (sr.no.8,9) against the same section as selected in schedule Part A General. | |||||
| 8 | 10(21) | 139(4C) | 35 | In Schedule PI- Details of regist-ration or approval under Income Tax Act | Sche-dules VC if appli-cable and IE-1 | Amount of Exemption to be entered in Schedule Part BTI (sr.no.8i) against the same section as selected in schedule Part A General. | In Part B-TI, Sr.no. 11- Income chargeable under section 11(3) read with section 10(21) | ||
| 9 | 10 (23AAA) | 139(4C) | 10 (23AAA) | In Schedule PI- Details of regist-ration or approval under Income Tax Act | Sche-dules VC and IE-1 | Amount of Exemption to be entered in Schedule Part BTI in sr.no.8d | |||
| 10 | 10 (23A), 10(24) | 139(4C) | Sche-dules VC and IE-2 | Amount of Exemption u / s 10(23A) to be entered in Schedule Part BTI in sr.no.8c and exemption u / s 10(24) to be entered in Schedule Part BTI in sr.no.9h | Exemption u / s 10(23A) will be allowed only on :Income from CG Income from BP Income from OS (other than Interest & Dividend) Exemption u / s 10(24) will be allowed only on :Income from HP Income from OS | ||||
| 11 | 10(21) read with section 35(1) clause ii and iii | 139(4D) | 35 | In Schedule PI- Details of regist-ration or approval under Income Tax Act | Sche-dules VC and IE-1 | Amount of Exemption to be entered in Schedule Part BTI in sr.no.8a | In Part B-TI, Sr.no. 11- Income chargeable under section 11(3) read with section 10(21) | ||
| 12 | Other Clauses of section 10 (10(20), 10 (23AA), 10 (23AAB), 10 (23BB), 10 (23BBA), 10 (23BBC), 10 (23BBE), 10 (23BBG), 10 (23BBH), 10(23C)(i), 10(23C)(ii), 10(23C)(iii), 10(23C)(iiia), 10(23C)(iiiaa), 10(23C)(iiiaaa), 10(23C)(iiiaaa), 10 (25)(i), 10 (25)(ii), 10 (25)(iii), 10(25)(iv), 10(25)(v), 10(25A), 10 (26AAB), 10(26B), 10 (26BB), 10 (26BBB), 10(44)) where income is uncondi-tionally exempt | Others | Sche-dules VC if appli-cable and IE-1 | Amount of Exemption to be entered in Schedule Part BTI in sr.no.10 |
