ITR-6 Form: Applicability, Eligibility & Filing Guide for Companies (AY 2025-26)

What Is ITR-6?

Form ITR-6 is the income tax return form used by companies that do not claim exemption under Section 11 of the Income Tax Act, 1961.
This means any company carrying on business or earning taxable income (other than charitable or religious activities) must file its return in Form ITR-6 through the income tax e-filing portal.

Who Should File ITR-6?

ITR-6 is applicable to:

• All domestic companies registered under the Companies Act, 2013 (or the earlier Act 1956).

• Foreign companies having taxable income in India.

• Companies earning income from business or profession, capital gains, or other taxable sources.

Not applicable to:

• Companies claiming exemption under Section 11 (income from property held for charitable or religious purposes).

• Non-company entities like individuals, HUFs, partnerships, or LLPs.

Key Applicability Points

• The term “company” covers Indian companies, foreign entities, and other bodies declared as companies under Section 2(17).

• Even if a company reports zero income or loss, filing ITR-6 is mandatory for compliance and to carry forward business losses.

• Companies subject to audit under Section 44AB must also ensure the audit report is uploaded before filing ITR-6.

Structure of ITR-6 Form

ITR-6 is a detailed return form containing multiple parts and schedules. The major sections include:

• Part A – General Information: Company PAN, CIN, business code, and address.

• Part A-BS / A-BS-Ind AS: Balance Sheet details (as per Ind AS if applicable).

• Part A-P&L: Profit and Loss account details.

• Part B – TI & TTI: Computation of total income and tax liability.

• Schedules: Cover depreciation, MAT, TDS/TCS, foreign transactions, deductions, and more.

Filing Mode and Verification

• E-filing is mandatory for all companies through the Income Tax e-Filing portal (www.incometax.gov.in).

• The return must be digitally signed using the company’s DSC (Digital Signature Certificate).

• After successful submission, an acknowledgment (ITR-V) is generated for records.

  Key Changes in ITR-6 for AY 2025-26

  • Notification No. 44/2025, dated 06 May 2025, introduced new ITR-6 features.

  • Enhanced disclosures for capital gains and TDS/TCS details.

  • Additional reporting fields for sector-specific presumptive schemes.

  • Mandatory separation of foreign asset disclosures for global subsidiaries and holdings.

  Why Accurate ITR-6 Filing Matters

  • Wrong ITR selection can lead to rejection or defective return notices (u/s 139(9)).

  • Inaccurate filing may attract penalties under Sections 234A, 234B, 234F.

  • Timely and correct return helps ensure smooth loss carry-forward and avoids tax litigation.

  Practical Tips for Companies Filing ITR-6

  ✅ Keep audited financial statements ready before filing.
  ✅ Reconcile Form 26AS, AIS & TIS data with books.
  ✅ Verify TDS/TCS entries and advance tax details.
  ✅ File audit reports (Form 3CA/3CD or 3CEB) before submitting the return.
  ✅ Use the latest utility from the Income Tax portal.

  Conclusion

  Form ITR-6 is the backbone of corporate tax compliance in India. Whether your company is a start-up, SME, or large enterprise, filing ITR-6 accurately and within the due date is essential to maintain a clean financial track record.

  By ensuring correct data entry, timely filing, and alignment with the latest rules, your company can avoid penalties, ensure compliance, and maintain credibility with regulators and investors alike.