Document Required
Monthly Purchase Bill
Monthly Sales Bill
Sales Return Details
Purchase Return Details
Tax Paid Challans for GST
From 26AS
Day to day Administration expenses and General expenses details
Rental Agreement (if applicable)
Fixed Assets Invoice Copy (if Applicable)
Investment details made by Cash
Investment details made through Bank
Proof of Source of Cash In-flow and Cash Out-flow
Loan details from Bank or Third Party
Outstanding receivables and payables
Company’s Pan and two DSCs
Details of Bank used for business transactions (Acct No, IFSC Code)
Statement from Bank used for business transactions
Break-up of statement from Bank used for business transactions
ITR-6 Return Filing
Income tax return filing for Companies whose annual turnover is upto Rs.10 lakhs.
About the product
Pricing Summary
| Market Price: | ₹12000 |
|---|---|
| MyLegalIndia: | ₹8389 excl. GST |
| ₹9899 incl. GST | |
| GST Credit: | ₹1510 |
| You Save: | ₹3611 (30%) |
ITR 6 Filing Form
ITR 6 Form is to be furnished by the Companies to e-file the income tax returns if they are not claiming exemption under Section 11 of the Income Tax Act 1961. Under the Income-tax Rules, the Companies that can claim an exemption under section 11 are those that have income from the property that is held for the charitable or religious person.
Hence, ITR 6 is to be filed by the companies that do not claim an exemption under section 11.
Efiling audit reports
If in case the assessee is liable for the audit u/s 44AB and the accountant has audited the accounts, then the details of the audit report, the auditor along with the date of furnishing is to be sent to the department electronically.
Who is eligible to file ITR 6 Form?
Who is not eligible to file ITR 6 Form?
The companies who have sources of income from religious or charitable organizations can seek exemption under Section 11. In simpler words, an entity that is seeking exemption under Section 11 should not file ITR 6 Form.
Structure of ITR 6 Form
ITR 6 is divided into Part A and Part B ( along with the sub-sections) with multiple schedules that include information relevant to the income and tax of the taxpayer. Let us have a detailed look at this.
Part A (and its subsections)
General information: This Sub-section should be filed with the basic details of the entity such as the Name, PAN number, address, CIN, Incorporation date, etc.
Trading Account: This sub-section requires the details that are relevant to the income and the expenditure of the company.
Balance sheet: This subsection should consist of the details of the balance sheet of the company such as the liabilities, current liabilities, share capital, and more.
Manufacturing account: This Sub-section required the figures of manufacturing the accounts relating to the inventory such as opening stock, closing stock, and cost of the goods that are produced.
Profit and Loss Account: This subsection should be filed with the details of the company’s profit or the loss that is incurred during the relevant financial year.
Part B (and its subsections)
Part B-TI: Computation of Total Income
Part B-TTI: Computation of Tax liability of the Total Income.
How to file ITR 6 Form?
The Income-tax department advises to fill the Income-tax returns in the following sequence:
This income tax return has to be filed online and is to be furnished electronically by affixing the DSC of the assessee. While filing the ITR 6 Form no document is required to be attached with return. ITR 6 Form is an annexure-less form.
The taxpayer is required to tally the data with the tax credit statement Form 26 AS regarding the tax deduction, collection, and payment.
1. What is ITR 6 Form?
08 December 2021
Companies other than companies that claim an exemption under Section 11 should furnish their income tax return in ITR 6 Form.
2. Which companies claim an exemption under Section 11?
08 December 2021
Companies having income from property that is held for charitable or religious purposes than companies claiming exemption under Section 11.
3. What is the sequence for filing ITR 6 Form?
08 December 2021
ITR 6 should be filed in the following sequence: Part A Schedules Part B Verification
4. How to file ITR 6 Form?
08 December 2021
This ITR 6 form is to be compulsorily furnished electronically using the Digital Signatures with the Income Tax Department.
5. Are any documents to be attached with ITR 6?
08 December 2021
No documents, not even the TDS certificate should be attached while filing ITR 6 returns. The taxpayers are advised to match the deducted taxes on behalf of.