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Regarding ITR 7 of Trust

This query is : Resolved 

29 October 2025 A trust was granted provisional registration under Section 12A on 07.03.2023, valid from Assessment Year (AY) 2023–24 to AY 2025–26. The final registration under Section 10AB was approved on 29.03.2025.

In this case, for the Financial Year (FY) 2024–25 (corresponding to AY 2025–26), should the trust file ITR-7 as a registered trust under Section 12A?
Deduction of expenses in profit and loss can be allowed in such case?

29 October 2025 Yes, for AY 2025–26 (FY 2024–25), the trust should file ITR-7 as a registered trust under Section 12A, since final registration under Section 10AB was granted before the end of the financial year.


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