File ITR-6 Form:
Mandatory for Companies
Compliance for Private Limited, Public Limited, and OPCs. We handle the complex Balance Sheet and Tax Audit reporting for your company.
What is ITR-6?
ITR-6 is applicable to all companies registered in India, except those claiming exemption under Section 11 (Income from property held for charitable or religious purposes). It must be filed electronically only.
Why Choose Credorra?
Company taxation requires strict adherence to the Companies Act and Income Tax Act. Our experts ensure that your Balance Sheet, P&L, and Tax Audit Report (Form 3CD) are perfectly aligned.
Who Can & Cannot File ITR-6?
Who Can File ITR-6?
All companies registered under the Companies Act:
- Private Limited Companies
- Public Limited Companies
- One Person Companies (OPCs)
- Foreign Companies with Indian Operations
- Section 8 Companies (Non-Profit)
Who Cannot File ITR-6?
Entities exempt under Section 11:
- Trusts registered under 12A/80G
- Political Parties
- Scientific Research Associations
- News Agencies
- (These entities must file ITR-7)
Structure of ITR Form 6:
A Comprehensive Overview
ITR-6 is a detailed form requiring full financial disclosure:
| Part/Schedule | Description |
|---|---|
| Part A-BS | Balance Sheet as per Companies Act |
| Part A-P&L | Profit and Loss Account |
| Part A-OI | Other Information (Directors, Shareholding) |
| Schedule BP | Computation of Income from Business/Profession |
| Schedule MAT | Minimum Alternate Tax Computation |
Types of Income Excluded
ITR-6 covers all incomes of a company, but certain exemptions require different forms:
- Charitable Income: If the company is a Section 8 entity claiming 12A exemption, it must file ITR-7.
- Political Funds: Political parties must file ITR-7.
- Individual Salary: Directors' salaries are taxed in their personal ITR, not in ITR-6 (though deducted as expense here).
Documents & Details Required
Documents Required
- Company PAN Card
- Audited Financial Statements (Balance Sheet & P&L)
- Tax Audit Report (Form 3CD)
- Director's Identification Number (DIN)
- Digital Signature Certificate (DSC)
- GST Returns Summary
Required Details in ITR-6
- Shareholding Pattern
- Details of Directors
- Related Party Transactions
- TDS Details (Form 26AS Matching)
- Advance Tax & Self-Assessment Tax Challans
- Depreciation Schedule
ITR-6 Due Date
For companies liable for tax audit (which is most companies), the due date is usually 31st October of the Assessment Year.
Late filing can lead to heavy penalties and disallowance of expenses.
Penalty for Late Filing
Missing the due date can attract penalties under Section 234F:
- Up to ₹5,000: Late filing fee.
- Disallowance: Certain deductions may be disallowed if filed late.
- Loss Carry Forward: Business losses cannot be carried forward if filed after the due date.
Relax While We Handle It
Share Documents
Upload Audited Financials and Director details securely.
Expert Review
We verify Balance Sheet, P&L, and Tax Audit Report.
Your Approval
We share the computed return with you for final confirmation.
Filing Done
We file the ITR using DSC and provide acknowledgement.
Common Questions
Yes, for all companies filing ITR-6, a Digital Signature Certificate (DSC) of the authorized signatory (Director) is mandatory for verification.
If the Section 8 Company is claiming exemption under Section 11/12, it must file ITR-7. Otherwise, it files ITR-6.
MAT (Minimum Alternate Tax) is a tax levied on companies that show book profits but pay little or no tax due to various exemptions. It must be calculated in ITR-6.
Business losses can be carried forward to set off against future profits, but only if the ITR is filed by the due date.
Corporate Compliance Made Simple.
Don't risk penalties on your Company. Let Credorra's certified experts handle your ITR-6 filing with precision.
Get Started Now