ITR-6 Form Filing
ITR-6 Form Filing- The Income Tax Department has notified various ITR forms for different Taxpayers who are based on the source of income of different taxpayers. This is done in order to create a simple tax structure in our country. Based on the source of income, a taxpayer chooses ITR form and file his/her return. The return is required to be filed every year subsequent to the year of income. Now the details of PAN and Aadhaar card is mandatorily required to be furnished with the department while filing the ITR return. There are various forms like ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 and ITR 7 which is required to be filed by the different taxpayer. However, it is to be noted that it is not mandatory to file the return by all taxpayers, this is only the certain individual having threshold income more than as prescribed under the Income Tax Act who are required to submit the Income-tax return.
The return must be filed before the due date in order to avoid late fees and penalties. Further, aforesaid forms are designed for different taxpayers and it shall be processed by the Income tax department accordingly.
ITR Form 6 is a special kind of form for all Companies registered under the Companies Act, 2013. However, companies claiming exemption under Section 11 of the Income Tax Act, 1961 cannot file this form. Section 11 of the Income Tax Act, 1961 provides for Companies which are getting their income from any properties involved in religious or charitable purposes can claim exemption.
WHO IS ELIGIBLE TO FILE THE ITR FORM 6
As discussed above, every company which has not claimed any exemption as provided under Section 11 of the Income Tax Act, 1961 can file the ITR Form 6. Hence we can say that if you are a company and has not claimed exemption as provided under the provisions of the Act. It is interesting to notice that the ITR Form 6 do not have any annexure means it is a annexure less form. There is no requirement of any attachment while filling and filing the ITR Form 6.
WHO SHOULD NOT FILE ITR FORM 6
- ITR Form 6 shall not be filed by below taxpayer:
- Any Individuals,
- Any Firm,
- Local Authority and
- Artificial Judiciary Person
MODES OF FILING ITR FORM 6
The ITR Form 6 can be furnished online as well, for this one need to login to the account which shall be prepared on the website of Income-tax department and shall be verified. Thereafter, an acknowledgment shall be send to the registered email id of the Taxpayer. The online return can be verified through Aadhaar OTP/EVC.
DUE DATE OF ITR FORM 6
The ITR FORM 6 must be filed on or before August 31 every year.
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