Income Tax Return: CBDT enables Facility of Excel Offline Utility

Income Tax - CBDT - Excel Offline Utility - Taxscan

The Central Board of Direct Taxes (CBDT), on the income tax website, has enabled Excel Offline Utility for preparing and filing ITR-6 for AY 2022-23.

“Excel offline Utility for preparing and filing ITR-6 for AY 2022-23 is released. Income Tax Department to access and download the same. Once prepared, you can upload the JSON at Income-tax website,” the Income Tax department said in a statement.

ITR 6 Form is to be furnished by the Companies to e-file the income tax returns if they are not claiming exemption under Section 11 of the Income Tax Act 1961.

According to the income-tax rules, businesses that receive income from real estate kept for charity or religious purposes are eligible to claim an exemption under section 11 of the tax code.

As a result, organizations that do not assert an exemption under section 11 must file an ITR 6. For Companies other than companies claiming exemption under section 11.

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