“How Companies in Telangana Can File ITR – Process, Documents & Online Filing Guide”
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 Telangana.
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 Telangana
Auriga Accounting has a team of registration experts who can provide complete guidance to register your ITR 8 Return Filing In Telangana.
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 Telangana
“In Telangana, ITR filing is a compulsory annual requirement under the Income Tax Act, 1961. All registered companies—including Private Limited, Public Limited, One Person Companies (OPCs), and LLPs—must file their Income Tax Return, regardless of income, profit, or business activity. The process includes preparing audited financial statements, fulfilling statutory or tax audit obligations, compiling necessary documents, and submitting the return online using the company’s PAN and a valid Digital Signature Certificate (DSC). Timely and accurate filing not only ensures compliance with tax laws but also promotes financial transparency, strengthens business credibility, and helps avoid penalties.”
“All companies registered in Telangana must file an Income Tax Return annually, regardless of turnover, profit, or business activity. This requirement applies to:
Private Limited Companies – even with no income or operations
Public Limited Companies – whether in profit or loss
One Person Companies (OPCs)
Limited Liability Partnerships (LLPs)
Dormant companies and those under liquidation – filing remains compulsory
Ensures Statutory Compliance – Fulfills mandatory tax obligations and helps avoid penalties or legal consequences.
Improves Financial Transparency – Enhances trust and credibility with investors, lenders, and stakeholders.
Eases Loan & Credit Approvals – Serves as reliable proof of financial stability for banks and financial institutions.
Enables Tax Refunds – Facilitates the claim of excess TDS, TCS, or advance tax paid.
Allows Loss Carry Forward – Ensures business losses and depreciation can be carried forward for future tax benefits.
Essential for Tenders & Contracts – Many government and corporate contracts require ITR records as proof of compliance.
Boosts Business Credibility – Demonstrates financial discipline and strengthens market reputation.
Company Details – PAN, Corporate Identification Number (CIN), and Certificate of Incorporation.
Digital Signature Certificate (DSC) – Active Class 3 DSC of the company’s authorized signatory, duly registered on the Income Tax portal.
Financial Statements – Audited Balance Sheet, Profit & Loss Account, along with Notes and Schedules.
Audit Reports – Statutory Audit Report and, where applicable, Tax Audit Report (Form 3CA/3CB with 3CD).
Bank Statements – Complete statements of all company bank accounts for the relevant financial year.
Tax Records – TDS/TCS challans, Form 26AS, AIS/TIS, and proofs of advance tax or self-assessment tax payments.
GST Returns – Monthly or quarterly GST filings (if applicable).
Previous Year’s ITR – For reference, accuracy check, and consistency.
“The Income Tax Department has specified different ITR forms for companies in West Bengal based on their business nature and income type:
ITR 6 – For all companies, including Private Limited, Public Limited, and One Person Companies (OPCs), that do not claim exemptions under Section 11 (charitable or religious purposes).
ITR 7 – For companies registered as charitable or religious trusts, political parties, research associations, universities, or other institutions eligible for exemptions under Sections 139(4A), 139(4B), 139(4C), or 139(4D).”
-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 Financial Statements – Close the company’s books of accounts and prepare audited Balance Sheet, Profit & Loss Account, Notes, and Schedules.
Fulfill Audit Requirements – If applicable, get the Statutory Audit Report and/or Tax Audit Report (Form 3CA/3CB with 3CD) certified by a Chartered Accountant.
Collect Essential Documents – Keep ready PAN, CIN, Certificate of Incorporation, bank statements, GST returns, TDS/TCS challans, Form 26AS/AIS/TIS, and previous year’s ITR.
Access Income Tax Portal – Log in to www.incometax.gov.in using the company’s PAN credentials.
Select Correct ITR Form – Choose the appropriate form (ITR-6 or ITR-7) depending on the company’s structure and income type.
Complete ITR Filing – Enter income, expenses, deductions, and tax details either online or through the offline utility tool.
Upload & Validate Audit Reports – Attach the required audit reports, validate all fields, and double-check accuracy.
File Return with DSC – Submit the return online and authenticate it using the company’s registered DSC.
Download ITR-V Acknowledgment – Save the acknowledgment receipt (ITR-V) as proof of successful filing.
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