“Make ITR Filing Easy for Companies in Jammu & Kashmir. Get professional assistance to stay compliant, save taxes, avoid penalties, and improve loan approvals.”
Complete Your ITR Filing
Ready Your ITR Filing For Companies with Auriga Accounting
Auriga Accounting has a team of registration experts who can provide complete guidance to register your ITR Filing For Companies In Jammu Kashmir.
Our team of experts will get in touch with you and collect all necessary documents and details
We fill out and file your application for ITR Filing
Ready Your ITR Filing For Companies In Jammu Kashmir
Auriga Accounting has a team of registration experts who can provide complete guidance to register your ITR 8 Return Filing In Jammu Kashmir.
Our team of experts will get in touch with you and collect all necessary documents and details
We fill out and file your application for ITR Filing
Ready Your ITR Filing For Companies In Jammu Kashmir
“Every company registered in Jammu & Kashmir is required to file an Income Tax Return, irrespective of its size, turnover, or profit status. This includes Private Limited Companies, Public Limited Companies, One Person Companies (OPCs), Limited Liability Partnerships (LLPs), and Section 8 Companies. Even if a company is dormant or has incurred losses during the financial year, filing ITR remains mandatory under the Income Tax Act.”
ITR-6: To be filed by all companies except those claiming exemption under Section 11 (such as charitable or religious trusts). This form is used for regular profit-making companies.
ITR-7: To be filed by companies registered under Section 8 (non-profit organizations) or those claiming exemption under Section 11 (charitable or religious trusts).
-Without Audit: July 31, 2025
–With Audit (Under Section 44AB): October 31, 2025
–Transfer Pricing Cases: November 30, 2025
The income tax rate for companies in India depends on the type of company, turnover, and whether they opt for special tax regimes.
Type of Company | Tax Rate |
Companies with turnover up to ₹400 crore (in FY 2022-23) | 25% |
Companies with turnover above ₹400 crore | 30% |
Companies opting for Section 115BA (new manufacturing companies set up on or after March 1, 2016) | 25% |
Companies opting for Section 115BAA (reduced corporate tax rate without exemptions) | 22% |
New manufacturing companies opting for Section 115BAB | 15% |
Surcharge & Cess (for Domestic Companies)
Income Type | Tax Rate |
Income from Indian operations (e.g., royalty, fees for technical services) | 40% |
Other income from business operations in India | 40% |
Surcharge & Cess (for Foreign Companies)
Tax Rate Summary for Companies Under Special Tax Regimes
Section | Tax Rate | Applicability |
115BA | 25% | Domestic manufacturing companies (set up after March 1, 2016) |
115BAA | 22% | Companies that do not claim exemptions/deductions |
115BAB | 15% | New manufacturing companies (set up on or after October 1, 2019) |
Additional Tax Implications for Companies
✔ Minimum Alternate Tax (MAT) – 15% of book profits (if applicable, under Section 115JB)
✔ Dividend Distribution Tax (DDT) – Abolished from April 1, 2020 (dividends are taxed in the hands of shareholders)
Penalty for Late Filing
–₹5,000 to ₹10,000 penalty under Section 234F
–Interest on outstanding tax under Section 234A, 234B & 234C
Obtain/Update DSC: Ensure the company’s authorized signatory has a valid Class 3 Digital Signature Certificate (DSC) registered on the Income Tax Portal.
Finalize Books of Accounts: Close accounts for the financial year and prepare audited financial statements – Balance Sheet, Profit & Loss Account, Notes, and Schedules.
Complete Audit Compliance: If applicable, obtain the Statutory Audit Report and/or Tax Audit Report (Form 3CA/3CB with Form 3CD) certified by a Chartered Accountant.
Gather Required Information & Documents: Company PAN, TAN, CIN, Bank Statements, GST Returns, TDS details, loan/asset records, previous ITR acknowledgments, etc.
Log in to Income Tax Portal: Visit www.incometax.gov.in and log in using the company’s PAN (as User ID) and password.
Select the Correct ITR Form: Generally, ITR-6 is used by companies (except those claiming exemption under Section 11 – charitable/religious trusts). For companies under Section 8 (NGOs), ITR-7 applies.
Fill in Financial & Tax Details: Enter audited financial details, income, deductions, depreciation, TDS/TCS credits, advance tax paid, and computation of total income & tax liability.
Pay Balance Tax (if any): Calculate total tax payable. If there is any balance liability after TDS/TCS and advance tax, pay it using Challan ITNS 280.
Validate & Upload Return: Validate the filled ITR form and upload it using the Digital Signature Certificate (DSC) of the company’s authorized signatory.
Download & Keep Acknowledgment (ITR-V): Once successfully filed, download the ITR-V Acknowledgment for records. This serves as proof of filing.
Auriga provide expert services which can get your new business off to a flying start. We are Compliance for your business. Here you get simple and affordable online company registration and range of essential services. A world class technology – driven platform, offering end to end service from startup to well established firm.
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