ITR-6 Filing (Private / Public Company)

Every company - private limited, public limited, one-person company or foreign company - that is not claiming exemption under section 11 (charitable purposes) must file ITR-6. Companies whose income is exempt under section 11 file ITR-7 instead. ITR-6 is not applicable to firms, LLPs or individuals.

For a company, verification of the return can be done only by the managing director or equivalent, and where the return is furnished by a company not claiming section 11 exemption, the return must be digitally signed by a qualified chartered accountant. This is a legal requirement, and our CA team signs and files the return with their DSC.

MAT (Minimum Alternate Tax) applies where tax computed on book profit exceeds the normal tax on total income. Book profit is derived from the profit as per the profit & loss account, adjusted for items specified under section 115JB. The MAT rate is 15% of book profit plus surcharge and cess for the current assessment year. We compute both normal tax and MAT and pay the higher amount.

A company whose accounts require audit under the Companies Act or any other law must file ITR-6 by 31 October of the assessment year. Other cases follow the general due dates. Delayed or belated filing attracts late fees under section 234F along with interest under sections 234A/234B, so filing on time is critical.

Companies are required to get their accounts audited under the Companies Act, 2013, and where turnover or gross receipts exceed ₹1 crore (₹2 crore for digital receipts), an income tax audit under section 44AB is also required with the report uploaded in Form 3CA/3CB-3CD before filing the return.

Our professional fee for ITR-6 filing is ₹3,997, all-inclusive with government fees where applicable. This covers complete computation of income and book profit, MAT computation, AIS / Form 26AS reconciliation, CA-signed certified e-filing and your acknowledgment copy.

You need the company's PAN, audited balance sheet and profit & loss statement, tax audit report (if applicable), director KYC (PAN and Aadhaar) and DSC details, and AIS / Form 26AS statements. The statutory auditor's financials and our computations must reconcile before filing.

Once audited financials and complete documents are received, ITR-6 is typically filed within 3-7 working days. The return is locked after the CA signs it, so we do a complete reconciliation and director review before submission to avoid rejections.

You can file a belated ITR-6 subject to late fees and interest, or use ITR-U to update the return within 24 months of the end of the assessment year where additional income needs disclosure. Continuous non-filing can lead to scrutiny and prosecution, so file at the earliest even if delayed.

Yes, a company can furnish a revised ITR-6 before the end of the assessment year or before the completion of assessment, whichever is earlier, to correct errors or omissions. The revised return also needs the same CA-signed electronic filing process.