ITR-7 tax liability nearly triples to ₹1,043 crore in AY26 from ₹356 crore in five years, govt data shows
· livemint.com
Entities filing ITR-7 saw their total income tax liability nearly triple to ₹1,043 crore in AY 2025-26 from ₹356 crore in AY 2021-22. The government data covers charitable and religious trusts, political parties, universities, colleges and research institutions filing ITR-7.
The total income tax liability of entities filing income tax return (ITR) Form 7 rose nearly threefold to ₹1,043 crore in Assessment Year (AY) 2025-26, from ?...