Question 1

Who is required to file ITR-6 in India?

Accepted Answer

ITR-6 is the mandatory income tax return for all registered domestic and foreign companies under the Companies Act, 2013 (including Private Limited Companies, Public Limited Companies, One Person Companies, and Section 8 companies that do not claim 12A exemption). Companies claiming exemption under Section 11 must file ITR-7.

Question 2

What is the corporate tax rate for Private Limited Companies in ITR-6?

Accepted Answer

Under the concessional Section 115BAA regime, domestic companies can opt for a flat 22% corporate tax rate (effective 25.17% inclusive of 10% surcharge and 4% cess) with zero MAT applicability. Under the standard regime, the rate is 25% for companies with turnover up to ₹400 Crores (or 30% for turnover above ₹400 Crores), subject to Minimum Alternate Tax (MAT) @ 15%. TaxQue optimizes your regime selection.

Question 3

What is the statutory deadline for filing ITR-6?

Accepted Answer

Under Section 139(1), the due date for filing ITR-6 is 31st October of the assessment year (or 30th November if the company is subject to international transfer pricing audit under Section 92E). The statutory CA Tax Audit report (Form 3CA-3CD) must be submitted by 30th September.

Question 4

Is CA Statutory Audit mandatory for all companies filing ITR-6?

Accepted Answer

Yes. Under the Companies Act, 2013, every Private Limited and Public Limited company must undergo an independent Statutory Audit by a practicing Chartered Accountant, regardless of turnover. Tax audit under Section 44AB is additionally required if turnover exceeds ₹1 Crore (or ₹10 Crores for digital receipts).

Question 5

Who will prepare and audit our company's ITR-6 return at TaxQue?

Accepted Answer

Your corporate tax return is prepared by a dedicated Corporate Tax Specialist and audited by a practicing Chartered Accountant. We ensure all IND-AS / Indian GAAP disclosures, MAT calculations, Schedule AL, and depreciation registers match MCA financial statements perfectly.

Question 6

Is Digital Signature Certificate (DSC) mandatory to sign ITR-6?

Accepted Answer

Yes. Under Rule 12(3), ITR-6 can ONLY be filed electronically under the Class 3 Digital Signature Certificate (DSC) of the Managing Director or authorized Director. EVC/OTP verification is strictly not permitted for companies.

Question 7

What is Minimum Alternate Tax (MAT) under Section 115JB in ITR-6?

Accepted Answer

If a company operates under the normal tax regime and its regular tax liability is less than 15% of its book profits, it must pay MAT @ 15% (plus surcharge and cess). However, companies opting for the Section 115BAA 22% regime are completely exempt from MAT. We help you transition to 115BAA to eliminate MAT calculations.

Question 8

What documents are required to file ITR-6?

Accepted Answer

You need your audited Balance Sheet, Profit & Loss Account, Director's Report, Auditor's Report, Form 3CA-3CD (Tax Audit), Form 26AS/AIS, GST reconciliations, bank statements, and Director DIN/DSC details. TaxQue manages complete documentation.

Question 9

Must an inactive or dormant Private Limited Company file ITR-6?

Accepted Answer

Yes. Filing ITR-6 is strictly mandatory for every incorporated company every year, even if there were zero transactions or zero revenue. Failing to file ITR-6 invites statutory late fees, disqualification of directors, and MCA strike-off notices.

Question 10

How do you handle MCA vs Income Tax financial alignment?

Accepted Answer

The financial statements filed in ITR-6 must match 100% with Form AOC-4 filed on the Ministry of Corporate Affairs (MCA) portal. TaxQue's corporate compliance desk handles both MCA annual filing and ITR-6 to guarantee complete data synchronization.

Question 11

Can business losses and unabsorbed depreciation be carried forward in ITR-6?

Accepted Answer

Yes. Business losses can be carried forward for up to 8 years and unabsorbed depreciation indefinitely, provided ITR-6 is filed on or before 31st October. For closely held private companies, Section 79 rules (51% continuous shareholder voting power) must be satisfied.

Question 12

What are the penalties for late filing of ITR-6?

Accepted Answer

Filing after the due date attracts a mandatory ₹5,000 late fee under Section 234F, interest under Section 234A/B/C @ 1% per month on unpaid taxes, disallowance of loss carry-forward, and penalty proceedings under Section 271F.

Question 13

How do you reconcile TDS (Form 26AS) with company revenue in ITR-6?

Accepted Answer

We perform automated line-by-line reconciliation between TDS deducted by corporate clients in Form 26AS and income booked in your Profit & Loss statement (Schedule TDS) to ensure full credit claims and zero tax leakages.

Question 14

How long does TaxQue take to prepare and finalize ITR-6?

Accepted Answer

Once the audited balance sheet and trial balance are received, our corporate tax team finalizes the ITR-6 draft within 5 to 7 business days for board review and DSC signing.

Question 15

Do you handle Advance Tax calculations for companies throughout the year?

Accepted Answer

Yes. Companies must pay Advance Tax in 4 quarterly installments (15% by 15th June, 45% by 15th Sept, 75% by 15th Dec, 100% by 15th March). We calculate your quarterly advance tax liabilities to eliminate interest penalties.

Question 16

What is the fee structure for ITR-6 services with TaxQue?

Accepted Answer

We offer transparent, fixed pricing based on company turnover, transaction complexity, and whether Section 44AB Tax Audit is included, with zero surprise hidden charges.

Feature & Deliverable Matrix	Basic	Standard★ Most Popular	Premium
Complete Form 16, AIS, TIS & 26AS Tax Credit Verification	✓	✓	✓
Accurate Income Computation & Deductions Review (80C, 80D, HRA)	✓	✓	✓
Optimal Tax Regime Selection (New vs Old Regime Comparison)	✓	✓	✓
Official Income Tax Department e-Filing & ITR-V Acknowledgment	✓	✓	✓
Automated Refund Tracking & CPC Intimation Verification	✓	✓	✓
Assigned Senior Chartered Accountant (CA) Tax Specialist	—	✓	✓
Capital Gains (Stocks, Crypto, Property) & Loss Carry-Forward Review	—	✓	✓
Business Balance Sheet & Profit & Loss Statement Scrutiny	—	✓	✓
Section 143(1) Intimation Verification & Defect Rectification Support	—	✓	✓
Comprehensive Multi-Year Tax Planning & Financial Structuring	—	—	✓
Defense & Legal Drafting for Scrutiny Notices (Section 148 / 142(1))	—	—	✓
Advance Tax Estimation & Quarterly Payment Scheduling	—	—	✓
Direct One-on-One Tax Consultation with Senior Partner	—	—	✓

Document Category	Specific Documents Required	Verification Notes
Audited Financial Statements	Balance Sheet, P&L Account, Cash Flow Statement, Auditor Report with Notes	Signed by Directors & Statutory Auditor
Tax Audit Report (Form 3CA-3CD)	Form 3CA and Form 3CD certified by practicing Chartered Accountant	Filed on e-filing portal prior to ITR
Transfer Pricing Report (Form 3CEB)	Accountant's Report under Section 92E for international/specified domestic transactions	Mandatory for cross-border group entities
MAT Audit Report (Form 29B)	Accountant's Report certifying adjusted book profit under Section 115JB	Required if company pays MAT
Director Class 3 Digital Signature	Active Class 3 DSC of Managing Director / Director authorized by Board Resolution	Mandatory for portal authentication

Corporate Filing Stage	Statutory Deadline	Statutory Penalty for Default
Standard Corporate ITR-6 Filing	31st October of the Assessment Year	₹5,000 late fee under Section 234F + Loss carry-forward disallowance
Transfer Pricing Companies (Form 3CEB)	30th November of the Assessment Year	₹1 Lakh penalty under Section 271AA + ₹10,000 late fee
Tax Audit Report (Form 3CA-3CD)	30th September of the Assessment Year	₹1.5 Lakhs or 0.5% of turnover penalty under Section 271B
Belated Corporate Return	31st December of the Assessment Year	1% per month interest under Section 234A on unpaid corporate tax

Company Category & Scheme	Base Tax Rate	Effective Rate (Including Surcharge & Cess)
Concessional Scheme (Section 115BAA)	22% Flat (No MAT applicability)	25.17% (22% + 10% Surcharge + 4% Cess)
New Manufacturing Units (Section 115BAB)	15% Flat (Incorporated before 31 March 2024)	17.16% (15% + 10% Surcharge + 4% Cess)
Domestic Companies (Turnover <= ₹400 Cr)	25% Normal Tax Rate	26.0% / 27.82% (Depending on surcharge threshold)
Domestic Companies (Turnover > ₹400 Cr)	30% Normal Tax Rate	31.20% / 34.94% (Depending on income slabs)
Minimum Alternate Tax (MAT - Sec 115JB)	15% on Book Profits	15.60% / 17.47% (Applicable under normal regime)

Parameter	TaxQue Corporate Tax Desk	Generic Automated Websites	Local Bookkeeper
115BAA vs MAT Modeling	Multi-year forecasting of MAT credit absorption vs 22% rate	Selects basic rate without multi-year impact analysis	Unfamiliar with Section 115BAA lock-in rules
Form 3CD Clause Reconciliation	Cross-verifies all 44 clauses against financial schedules	Directly copies numbers without reconciliation	Manual mapping errors
MCA ROC Alignment	100% data match with MCA Form AOC-4 XBRL financials	Leaves MCA filing to client	Fails to synchronize direct tax & MCA data
Scrutiny Representation	Authorized advocate representation before Faceless Assessment Unit	Zero litigation support	Charges steep appearance fees

Accounting

ITR-6 Filing

Timeline conditions

Get Free Expert Consultation

Right Plan For ITR-6 Filing

ITR-6 Corporate Income Tax Return Filing for Companies

What is ITR-6 Filing?

Mandatory Digital Signature (DSC) & Form 3CD Alert

How to Get Started

Audited Financial Statements & Form 3CD Ingestion

Section 115BAA vs Normal Tax & MAT Modeling

Portal e-Filing with Director Class 3 DSC

Documents Required for ITR-6 Filing

Statutory Deadlines & Penalty Matrix for ITR-6

Corporate Tax Slabs & Effective Rates in India

Why Choose ITR-6 Filing

Section 115BAA Concessional Tax Strategy

MCA AOC-4 & ITR-6 Financial Harmonization

Institutional Scrutiny & Assessment Defense

Eligibility Criteria for ITR-6

1Mandatory Corporate Entities

2Exempted Categories

TaxQue Corporate Desk vs Standard Accounting Portals

Key Features of TaxQue ITR-6 Services

Concessional Tax Structuring

MAT Credit Register

Director Class 3 DSC Filing

Frequently Asked Questions

What Our Clients Say

Stay Updated with Tax Insights