Schedule IE- 1 – Income and Expenditure Statement AY 2026-2026-27

Schedule IE- 1 – Income and Expenditure Statement AY 2026-2026-27

‘Schedule IE’ in the Income Tax Return (ITR) form applies to entities claiming exemption under specific clauses of Section 10 of the Income-tax Act, 1961, such as sections 10(21), 10(23AAA), 10(23B), 10(23D), 10(23DA), 10(23EC), 10(23ED), 10(23EE), 10(23FB), 10(29A), 10(46), 10(46A), 10(46B), and 10(47).

This schedule requires information such as the total receipts during the financial year (including voluntary contributions), the amount of income applied towards the objects of the institution, and the income accumulated during the year.

Section 10 of Income-tax Act, 1961

This schedule applies to ITR-7.