Form ITR-6

The ITR-6 form is to be used only by companies except those companies or organisations that claim tax exemption as per Section 11. Those organisations that claim tax exemptions as per Section 11 are organisations wherein the income received is accumulated from the property used for the purpose of religion or charity. This particular income tax return form can only be filed online.

Who is eligible to file the ITR 6 Form?

Companies who do not claim exemptions according to Section 11 should file ITR 6 form. They can file this form via E-file Income-tax Return. Conversely, companies that claim exemptions according to Section 11 and who gain income from property utilised for charitable or religious purposes are not eligible to file this Income Tax Return form.

Procedure to File the ITR 6 Form

To file the ITR 6 Form you can refer the following order-

Page 1 consists of Part A which is General.
34 Schedules
Part B-Total Income and Part B-Total Taxable Liability

Step-By-Step Breakdown To E-File You Income Tax Return

Register Yourself

To e-file your ITR 6 Form you need to register online on the Income Tax Department’s tax filing site. You need to provide details like your PAN card details, date of birth, etc. and choose a password. Your PAN will be your user ID.

Choose How You Want to E-file

You can download this form from the website, save it to your desktop, fill it and upload it to the site. Or you can fill the details in the form online.

Select the Form Type

Since you are filing the ITR 6 Form, click on the same.

Keep the Documents Ready

Keep documents like PAN, Form 16, TDS certificates, interest statements, details of investment, insurance and home loans. If you earn more than Rs 50 Lakhs, you must fill an additional form of Assets and Liabilities. In this form, you have disclosed the value of your assets and liabilities.

Fill and Upload the Form

You can download the form to your desktop, fill it and upload it. For this click on ‘Generate XML then go online and click ‘Upload XML’.

Verify ITR V

When you submit the ITR 6 form an acknowledged number is generated. Preserve this number if you have submitted the form using a digital signature. Otherwise, if you have submitted the form without a digital signature, an ITR-V is generated which is sent to your registered email ID. You need to verify the ITR-V to complete the forming process. You can do the same electronically. You can also mail the signed ITR-V to the Bangalore processing centre in within 120 days of filing the return.