Income Tax 2025 - Forms - Frequently Asked Questions [FAQs]
Form 7
What is Form 7?
What is the objective of Form 7?
Who is required to furnish Form 7?
What types of institutions can carry out the approved programme?
Who is the prescribed authority for approval?
When should Form 7 be furnished?
Can one Form 7 be used for multiple programmes?
What information is required in Form 7?
Are any research programmes excluded from approval?
What happens after Form 7 is submitted?
Does approval under Form 7 automatically entitle the sponsor to deduction?
Can the approved cost or duration be revised?
What are the post-approval compliance requirements?
What are the consequences of non-compliance?
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