Income Tax Dept releases ITR-6 Excel Utility 2024 - 2025
The deadline for submitting ITR-6 for AY 2025–2026 is contingent upon the audit needs of the organization
The Income Tax Department has released the ITR-6 Excel Utility for the assessment year (AY) 2024-25 which enables eligible entities to file their annual income tax returns with updated reporting features. Who can file ITR-6? For businesses registered under the Companies Act of 2013 or the previous Companies Act of 1956, the income tax return form is ITR-6. Companies...
The Income Tax Department has released the ITR-6 Excel Utility for the assessment year (AY) 2024-25 which enables eligible entities to file their annual income tax returns with updated reporting features.
Who can file ITR-6?
For businesses registered under the Companies Act of 2013 or the previous Companies Act of 1956, the income tax return form is ITR-6. Companies are excluded from filing this form, nevertheless, if they claim exemption under Section 11 of the revenue Tax Act (revenue from property held for charity or religious purposes).
For AY 2025–2026, the Central Board of Direct Taxes (CBDT) has published the revised ITR-6 form, which incorporates modifications outlined in the Finance Act of 2024. The form is divided into two main parts and several schedules that require detailed information about the company.
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The ITR 6 contains general information about the company (PAN, incorporation date, etc., Balance Sheet and Profit and Loss statement details. It contain details on Income from business or profession. Deductions under various sections (like Chapter VI-A), depreciation and capital gains information are also part of it.
In addition to other disclosures including shareholding information and GST turnover, this ITR 6 provides information on tax payments, including advance tax, TDS (Tax Deducted at Source), and TCS (Tax Collected at Source).
The "Downloads" area of the official Income Tax Department e-filing portal is where you may find the Excel tool for ITR-6. Utilizing a legitimate, licensed copy of Microsoft Excel 2016 or later with macros enabled to support the program is crucial.
The deadline for submitting ITR-6 for AY 2025–2026 is contingent upon the audit needs of the organization. For businesses whose accounts are to be audited under the Income Tax Act, the deadline is October 31, 2025.November 30, 2025 would be for companies required to furnish a report in Form 3CEB under Section 92E. The due date for non-audited cases has been extended to September 15, 2025.
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