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ITR 6 RETURN FILING

Every company is required to file an income tax return in accordance with the Income Tax Act of 1961. To submit these returns, companies must provide various documents as mandated by the income tax department. One of the key documents required is ITR Form 6, which is utilized by companies to file their income tax returns. However, companies claiming exemption under Section 11—pertaining to income from property held for charitable or religious purposes—are not eligible to use ITR Form 6 for their income tax filings. This article will provide you with a comprehensive understanding of this form.

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Why Should I Use Auriga Accounting For ITR 6 Return Filing ?

Auriga Accounting has a team of registration experts who can provide complete guidance to register your ITR 6 Return Filing.

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Our team of experts will get in touch with you and collect all necessary documents and details

Resolve all your queries

We fill out and file your application for ITR Filing 

Complete your ITR Filing

Ready Your ITR 6 Return Filing 

Why Should I Use Auriga Accounting For ITR 6 Return Filing ?

Auriga Accounting has a team of registration experts who can provide complete guidance to register your ITR 6 Return Filing.

book appointment

Our team of experts will get in touch with you and collect all necessary documents and details

Resolve all your queries

We fill out and file your application for ITR Filing 

Complete your ITR Filing

Ready Your ITR 6 Return Filing 

Overview - ITR 6 Return Filing 

Starting a business comes with numerous challenges, and managing tax compliance is a crucial part of running operations smoothly. Filing ITR-6 is an essential annual requirement for companies in India. Timely and accurate filing ensures compliance with the Income Tax Act, 1961, helping businesses avoid penalties and legal complications.

Who Needs to File ITR-6?

ITR-6 is applicable to all companies except those claiming exemptions under Section 11 of the Income Tax Act. Section 11 applies to income derived from property held under a trust or legal obligation for charitable or religious purposes. As a result, companies using income for such purposes are not required to file ITR-6.

Eligible Entities for ITR 6 Filing

Companies registered under the Companies Act, 2013 or the Companies Act, 1956 must file ITR-6. This includes:

  • Private Limited Companies
  • One Person Companies (OPC)
  • Public Limited Companies

Structure of the ITR-6 Form

The ITR-6 form is structured into two main parts and several schedules for detailed tax computation and disclosures.

Part A: General and Financial Information

  • Part A – General details of the company
  • Part A-BS – Balance Sheet as of 31st March
  • Part A-P&L – Profit and Loss Account for the financial year
  • Part A-OI – Other Information
  • Part A-QD – Quantitative Details
  • Part A-OL – Receipt & Payment Account (for companies under liquidation)

Part B: Computation of Taxable Income & Tax Liability

  • Part B-TI – Total Income Computation
  • Part B-TTI – Tax Liability Calculation

Schedules (Key Categories)

  1. Income Computation: Income from House Property, Business/Profession, Capital Gains, and Other Sources
  2. Depreciation & Deductions: Depreciation on assets, deductions under sections 35, 80G, 80IA, etc.
  3. Loss Adjustments: Current year loss set-off, brought forward loss adjustments
  4. Special Income & Taxation: Minimum Alternate Tax (MAT), tax credits, foreign assets, IFSC-related disclosures
  5. Other Disclosures: GST turnover, foreign assets, political donations, start-up benefits

Key Changes in ITR 6 Return Filing (AY 2024-25)

  • LEI (Legal Entity Identifier) disclosure
  • New Schedule 115TD for tax on accreted income
  • Disclosure of MSME dues beyond the prescribed period
  • Reporting of online gaming winnings under Section 115BBJ
  • Dividend income from IFSC units disclosure
  • Audit Report details & UDIN furnishing

How to Fill Out the ITR-6 Form?

The Income Tax Department recommends the following sequence for filling out the ITR-6 form:

  1. Part A – General and financial details
  2. Schedules – Income, deductions, tax computations, and disclosures
  3. Part B – Computation of total income and tax liability
  4. Verification – Final confirmation and submission

How to File ITR-6?

  • ITR-6 must be filed electronically with a digital signature.
  • No annexures or supporting documents, including TDS certificates, should be attached.
  • Taxpayers should verify their tax details with Form 26AS before submission.

 

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Our Happy Clients!

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Based on 12 reviews
MD SAHIL
MD SAHIL
2023-06-10
Auriga Accounting is right CA firm is crucial for the financial health of our business. Auriga Accounting is reputable firm with experienced professionals, strong technology infrastructure, good communication, and transparent pricing.
Prince Kushwaha
Prince Kushwaha
2023-06-10
Workplace must be peaceful and be active during work , the Auriga Accounting Private Limited provides relevant and necessary things so employees save their time and complete their task before time period effectively and efficiently
Prince Singh
Prince Singh
2023-06-10
Auriga accouting private limited and it's team provide best service at affordable price. I have done my previous year GSTR and ITR they did it before the time
Priyanka Kumari
Priyanka Kumari
2023-04-07
They are best coordination with me. Time to time inform me how to work and what work is my pending. Time to time updated me about my company profile work like ROC Filling last date, GST filling last date, ITR etc... I have no paid any penalty since I started working with Auriga..
Vishal Singh
Vishal Singh
2023-04-07
Best company for providing services, I recommended to all. They give me the best rate of price and finished work before the time.
Sameer khan
Sameer khan
2023-04-07
The auriga accounting private limited is a reliable and a customer support company the team has give Clear answer towards the customer by which the customer cannot get confused and get necessary detail to solve their queries and auriga provided me good service and delivered my work on time very well coordinate with me and talk very well I suggest if you have any work then call auriga they will definitely finish your work on time
Vivek Shakya
Vivek Shakya
2023-04-07
Great Services , within affordable rate and give full satisfaction on works. Easy to Cordinate, I have done My Previous year ITR , Startup Registration. I am very happy with their services and their first priority is their Customer.
find way
find way
2023-04-06
I'll give a five-star rating, I had doubts about how to start my work in the field of business and they guide me and instruct me on how to start a business. They have a great team.
623 Anjali
623 Anjali
2023-04-06
The Auriga has great services. Efficient communication and really easy way to get help and support.
Anjali Sharma
Anjali Sharma
2023-04-06
Auriga Accounting team represents the highest level of customer services I have experienced.The team gives accurate information and responses to queries very fast, which are customer is facing.

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