4 Changes in ITR 7 for AY 2016-17 That Affect Trusts & Institutions

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The newly notified income tax return form for trusts, institutions i.e ITR 7 for assessment year 2016-17 has four specific changes , that must be given attention to while filing tax return. The changes are generally to accommodate the amendment made through Finance Act 2015 that affects the total income for AY 2016-17 . Previously a video on ITR for individuals was published. Here are the four changes in ITR-7

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