Schedule DA – Details of Accumulated Income Taxed in Earlier Assessment Years AY 2026-27
‘Schedule DA’ in ITR-7 is meant for reporting accumulated income that was earlier taxed under section 11(1B) due to non-compliance with the conditions for accumulation and application under section 11(2).
The schedule requires the assessee to disclose the financial year in which the income was accumulated and the assessment year(s) in which such income was actually taxed due to non-compliance with the conditions of deemed application. The amounts are to be filled in the respective columns for each relevant year, and a total is calculated to reflect the cumulative income that became taxable on account of lapse in utilisation within the permitted time.
- Section 11of Income-tax Act, 1961V
This schedule applies to ITR-7.