Income tax (5th Amendment) Rules, 2022: New ITR 7 form substituted, effective 1 April 2022, with expanded disclosure schedules. The CBITD, under section 139 read with section 295, substitutes Form ITR 7 effective 1 April 2022. The revised ITR 7 prescribes identification, registration and exemption claim fields for persons filing under sections 139(4A)/(4B)/(4C)/(4D), requires disclosure of projects/activities and changes affecting registration, and embeds comprehensive schedules for accumulation/application of income, corpus and investment modes, Foreign Assets and DTAA tax relief, Capital Gains, Political/ Electoral Trust reporting, audit particulars, anonymous donation taxation and accreted income computations.