Schedule AI – Aggregate of Income Derived During the Previous Year Excluding Voluntary Contributions AY 2026-27

Schedule AI – Aggregate of Income Derived During the Previous Year Excluding Voluntary Contributions AY 2026-27

‘Schedule AI’ in the ITR-7 form is applicable to assessees claiming exemption under Sections 11 and 12 or Section 10(23C)(iv) to (via). This schedule captures the aggregate income earned during the previous year, excluding voluntary contributions, which are separately reported under Schedule VC.

This schedule includes income from main objects, income from incidental objects, income from rent, commission, dividends, interest, agricultural income, capital gains and any other sources. If the assessee has any pass-through income or loss (for example, from investment in business trusts or alternative investment funds), those should be disclosed separately.

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

This schedule applies to ITR-7.