ITR-7 form substituted: new income-tax return format for entities claiming exemptions, reporting detailed schedules, effective 1 April 2023. Notification substitutes Form ITR-7 in Appendix-II of the Income-tax Rules, 1962, prescribing a revised return for persons required to file under sections 139(4A)-139(4D). The Income-tax (Second Amendment) Rules, 2023 take effect from 1 April 2023 and replace the prior Form ITR-7 with a version that requires detailed identification, registration and exemption basis, plus numerous schedules (e.g., VC, J, FA, PTI, CG, BP, OS, VDA) to capture corpus, investments, application of funds, foreign assets, special-rate incomes and tax computations.