RELATED TO ITR OF POLITICAL PARTY

This query is : Resolved

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Discussion is about tax filing requirements of a political party. Clarification: Form 10B is not applicable. Political parties must file ITR-7 and comply with Election Commission reporting. Query further seeks guidance on audit disclosure fields in ITR-7 and related compliance entries.

Ajit Kumar Singh

Ajit Kumar Singh (Querist)
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30 March 2026 Please advise me on below points:
1. Whether political party is required to file Form - 10B.
2. ITR - 7 is the Correct ITR form for Political Party. And How to File ITR - 7
3. If some one have the details about the compliance requirement related to political party and how to file ITR - 7 for political party. Kindly share.

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
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31 March 2026 Form 10B: Not required (that is for trusts).
ITR Form: Use ITR-7; file it using a DSC before the deadline (usually October 31st) to ensure the tax-exempt status is preserved.
Compliance: Ensure the Contribution Report is submitted to the ECI first, as the ITR-7 requires the date of submission to the ECI to claim Section 13A benefits.

Ajit Kumar Singh

Ajit Kumar Singh (Querist)
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31 March 2026 Thanks Sir, i need one more clarification. What to fill in ITR form 7 questions like audit under which section or which Act etc.

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