Discover the comprehensive guide to ITR filing for companies in Delhi. Receive expert advice on deadlines, required documentation, and compliance strategies to ensure smooth and hassle-free tax submission.
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 Delhi.
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 Delhi
Auriga Accounting has a team of registration experts who can provide complete guidance to register your ITR 8 Return Filing In Delhi.
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 Delhi
“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.”
Legal Compliance: Ensures strict adherence to Indian tax laws, helping companies avoid penalties and potential legal complications.
Enhanced Credibility and Reputation: Demonstrates transparency and good governance, strengthening trust among stakeholders, investors, and financial institutions.
Facilitates Loan and Funding Approvals: Provides a verified financial record, making it easier to secure business loans and credit facilities.
Tax Refunds: Allows companies to claim refunds on any excess taxes paid, improving cash flow.
Supports Business Growth: Maintains accurate and organized financial records, aiding strategic planning and expansion initiatives.
Penalty Avoidance: Timely and correct filing reduces the risk of hefty fines and penalties for non-compliance.
Access to Government Incentives: Enables eligibility for various government schemes, subsidies, and incentives.
Operational Transparency: Promotes accountability and ensures precise financial reporting within the organization.
Official Financial Record: Serves as a credible record of income, crucial for audits, legal requirements, and future reference.
Builds Market Confidence: Enhances trust with clients, partners, and investors through transparent and compliant financial practices.
PAN Card of the Company: Permanent Account Number serving as the primary tax identification document.
Registration Certificate: Certificate of Incorporation or equivalent business registration proof.
Financial Statements: Audited Balance Sheet, Profit & Loss Account, Cash Flow Statement, and accompanying Notes to Accounts.
Tax Audit Report (if applicable): Tax audit report under Section 44AB, required if the company’s turnover exceeds the specified threshold.
Bank Statements: Complete bank statements for all business accounts covering the entire financial year.
Books of Accounts: Detailed ledgers, journals, and other accounting records maintained by the company.
TDS Certificates: Form 16/16A received from deductors, reflecting tax deducted at source.
Details of Tax Payments: Challans and receipts for advance tax payments, self-assessment taxes, and any other tax remittances.
GST Details: GST registration certificate, filed returns, and proof of GST paid (if applicable).
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
Gather Required Documents: Collect all essential financial statements, bank statements, TDS certificates, GST filings, and other relevant documentation.
Finalize Financial Statements: Ensure that the audited Balance Sheet, Profit & Loss Account, and Cash Flow Statements are accurately prepared and finalized.
Reconcile Accounts: Verify the consistency and accuracy of all books of accounts, bank statements, and TDS/TCS certificates.
Calculate Tax Liability: Determine the total taxable income, applicable tax amount, and eligible deductions based on your financial data.
Obtain Tax Audit Report (if applicable): Secure a tax audit report under Section 44AB from a Chartered Accountant if your turnover exceeds the specified threshold.
Access the Income Tax Portal: Log in to the official e-filing portal of the Income Tax Department.
Fill the Appropriate ITR Form: Choose the correct form for companies (e.g., ITR-6) and accurately enter all required details.
Upload Supporting Documents: Attach necessary files such as audited financial statements, tax audit report, TDS certificates, and other relevant documents.
Review and Submit: Carefully review all entered information, then electronically submit the ITR.
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