Schedule A – Amount Applied to Stated Objects of the Trust/Institution AY 2026-27

‘Schedule A’ in the Income Tax Return (ITR) form is applicable to trusts or institutions claiming exemption under Section 11 and 12 or clauses (iv), (v), (vi), or (via) of Section 10(23C) of the Income-tax Act, 1961. This schedule is used to report the application of income toward the stated charitable or religious objectives of the trust or institution during the previous year, from various sources of funds.

This schedule captures detailed disclosures from Part A to Part G regarding the application of income by a trust or institution, with a bifurcation between revenue and capital expenditure across all relevant parts.

Part A records the revenue and capital expenditure applied towards the stated objectives of the trust or institution. This includes donations (other than corpus) made to other registered or approved entities and categorises applications under specific purposes such as relief of the poor, education, medical relief, yoga, preservation of the environment and monuments, and general public utility. It also covers applications through the acquisition of new assets eligible under Section 11(1A).

Part B reports revenue and capital expenditures that are not allowed as an application of income. This includes corpus donations, applications from accumulated income, donations to institutions not having the same objectives, and expenditure outside India (with or without the required approval).

Part C provides the sources of funds used for the revenue and capital application reported in Part A. These sources include income earned during the year, accumulated income from earlier years, deemed application, corpus, borrowed funds, and other specified means.

Parts D to G calculate the net amount of revenue and capital expenditure applied during the year by adjusting for disallowed applications, amounts not spent during the year, and prior-year accruals paid in the current year.

This schedule ultimately leads to computing the net application of income eligible for exemption.

Section 11, Section 12, Section 115BBC, Section 10(23C) of Income-tax Act, 1961