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ITR-7 tax liability nearly triples to 1,043 crore in AY26 from 356 crore in five years, govt data shows

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.