ITR-6 A.Y.2022-23:The ITR-6 form should be used by companies that do not claim an exemption under section 11. The company seeking exemption under section 11 should not file the ITR-6 form for the assessment year 2022-23. This article provides complete guidance on ITR-6 (Income Tax Return Form), which includes filing procedures, instructions, PDF format, Excel utility, changes, FAQs, etc.
Download ITR-6 Form (A.Y. 2022-23)
Download links of ITR-6 for A.Y. 2022-23: Here is the table to download ITR-6 in excel utility and PDF format.
|Excel Utility (Released)||Download|
Download ITR 6 (A.Y.2018-19)
Recommended Read: 40 Most Important Questions for Filing of Income Tax Return AY 2018-19
Instructions to file Form ITR-6 (A.Y.2023-23)
These instructions are guidelines for filling the particulars in this Return Form. In case of any doubt, please refer to relevant provisions of the Income-tax Act, 1961 and the Income-tax Rules, 1962.
1. Assessment Year for which this Return Form is applicable
This Return Form is applicable for the assessment year 2022-23 only i.e., it relates to income earned in Financial Year 2021-22.
2. Who can use this Return Form?
This Form can be used by a company, other than a company claiming exemption under section 11.
3. Annexure-less Return Form
Tax-payers are advised to match the taxes deducted/collected/paid by or on behalf of them with their Tax Credit Statement (Form 26AS). (Please refer to https://www.incometax.gov.in/iec/foportal)
4. Manner of filing this Return Form
This Form has to be compulsorily furnished electronically under digital signature to the Income Tax Department.
5. Codes for filling this Return Form
(i) Under the heading „Filing Status‟ in the Return Form the relevant box needs to be checked regarding section under which the return is being filed on the basis of the following.
|How the return is filed||Check Box No.|
|Voluntarily on or before the due date under section 139(1)||1|
|Voluntarily after the due date under section 139(4)||2|
|Revised return under section 139(5)||3|
|Modified return under section 92CD||4|
|Under section 119(2)(b) on an application to be made
separately before the Income-tax authority.
(The return shall be treated as valid only after the application/ claim/ relief under section 119(2)(b) has been admitted by the Income-tax Authority)
|In response to notice under section 139(9)||6|
|In response to notice under section 142(1)||7|
|In response to notice under section 148||8|
|In response to notice under section 153A/ 153C||9|
In case of a revised/defective/modified return, please enter the receipt number of Original return and Date of filing of Original Return. This field is mandatory otherwise the revised return will not be accepted by Income-tax Department. If the return is being filed in response to notice by the Income-tax Department under section 139(9)/142(1)/148/153A/153C, please provide the date of such notice. If this is a modified return under section 92CD, please provide the date of advance pricing agreement.
(ii) Under the head “Audit Information”, if the assessee is liable for Audit u/s 44AB and the accounts have been audited by an accountant, the details of such audit report along with the date of furnishing it (if filed before the return) to the department has to be filled. Further, if the assessee is liable to furnish other audit report the section under which such audit is required and the date of furnishing it to the department (if audit has been carried out under that section) has to be filled. It is mandatory to furnish audit reports (if the audit has been carried out) under the following sections electronically on or before the date of filing the return of income.
|Section under which Audit report is mandatorily to be filed electronically (if the audit has been carried out) on or before the due date of furnishing the return of income|
Under the head Audit Information, if assessee is liable to audit under any Act other than the Income-tax Act, please fill up, in item (e), name of the Act, Section and date of furnishing audit report.
(iii) Under the head Shareholders information, please provide the details of all natural persons who were beneficial owners of shares, holding not less than 10% of the voting power, at any time during the year.
(iv) In case of an unlisted company under the ownership information, please provide particulars of natural persons who were the ultimate beneficial owners, directly or indirectly, of shares holding not less than 10% of voting power at any time of the previous year, if available with the assessee.
Schemes of ITR-6 Form
The Scheme of ITR-6 form follows the scheme of the law as outlined above in its basic form. The Form has been divided into three parts. It also has Schedules.
The details of these parts and the Schedules are as under:- (i) Part-A has six sub-divisions as under-
(a) Part A-GEN mainly seeks general information requiring indemnificatory and other data;
(b) Part A-BS seeks the balance sheet as on 31st March, 2018;
(c) Part A-BS- Ind AS seeks the balance sheet as on 31st March,
(d) Part A-P&L seeks information regarding the Profit and loss account for the financial year 2021-22
(e) Part A-P&L – Ind AS seeks information regarding the Profit and loss account for the financial year 2021-22
f) Part A-OI seeks other information. It is optional in a case not liable for audit under section 44AB
(g) Part A-QD seeks information regarding quantitative details of the principal item of goods traded. It is optional in a case not liable for audit under section 44AB.
(h) Part A-OL is to be filled in case of company under liquidation.
(ii) The second part, i.e, Part-B is regarding an outline of the total income and tax computation in respect of income chargeable to tax.
(iii) There are 32 Schedules details of which are as under-
(a) Schedule-HP: Computation of income under the head Income from House Property
(b) Schedule-BP: Computation of income under the head “profit and gains from business or profession”
(c) Schedule-DPM: Computation of depreciation on plant and machinery under the Income-tax Act
(d) Schedule DOA: Computation of depreciation on other assets under the Income-tax Act
(e) Schedule DEP: Summary of depreciation on all the assets under the Income-tax Act
(f) Schedule DCG: Computation of deemed capital gains on sale of depreciable assets
(g) Schedule ESR: Deduction under section 35 (expenditure on scientific research)
(h) Schedule-CG: Computation of income under the head Capital gains.
(i) Schedule-OS: Computation of income under the head Income from other sources.
(j) Schedule-CYLA: Statement of income after set off of current
(k) Schedule-BFLA: Statement of income after set off of unabsorbed loss brought forward from earlier years.
(l) Schedule- CFL: Statement of losses to be carried forward to future years.
(m)Schedule –UD: Details of unabsorbed depreciation.
(n) Schedule- ICDS: Statement of effect of income computation disclosure standards on profit.
(o) Schedule- 10AA: Computation of deduction under section 10AA (p) Schedule- 80G: Details of donation entitled for deduction under
(q) Schedule- 80IA: Computation of deduction under section 80IA (r) Schedule- 80IB: Computation of deduction under section 80IB
(s) Schedule- 80IC or 80IE: Computation of deduction under section 80IC or 80 IE
(t) Schedule-VIA: Statement of deductions (from total income)
under Chapter VIA.
(u) Schedule-SI: Statement of income which is chargeable to tax at special rates
(v) Schedule-EI: Statement of Income not included in total income
(w) Schedule-PTI: Statement of income from Business Trust or
Investment Fund as per section 115UA, 115UB.
(x) Schedule-MAT: Computation of Minimum Alternate Tax payable under section 115JB
(y) Schedule-MATC: Computation of tax credit under section
(z) Schedule-DDT: Details of payment of Dividend Distribution Tax
(aa)Schedule BBS: Details of tax on distributed income of domestic company on buy back of shares, not listed on stock exchange
(bb)Schedule FSI: Details of income accruing or arising outside
(cc) Schedule TR: Details of Taxes paid outside India
(dd)Schedule FA: Details of Foreign Assets and Income
(ee)Schedule GST: Details of total expenditure incurred with entities registered or not registered under the GST on or after
(ff) Schedule FD: Details of receipts and payments made during the year in foreign currency.
Guidance for Filling out Parts and Schedules
- All items must be filled in the manner indicated therein; otherwise the return maybe liable to be held defective or even invalid.
- If any item is inapplicable, write “NA” against that item.
- Write “Nil” to denote nil figures.
- Except as provided in the form, for a negative figure/ figure of loss,
write “-” before such figure.
- All figures should be rounded off to the nearest one rupee.
However, the figures for total income/ loss and tax payable be finally rounded off to the nearest multiple of ten rupees.
(2) Sequence for filling out parts and Schedules
- Part A
- Part B
Part A Gen
Most of the details to be filled out in Part-Gen of this form are self-explanatory. However, some of the details mentioned below are to be filled out as explained hereunder:-
- Taxpayers are advised to mandatorily fill up the address columns carefully and provide correct information. Similarly type of company needs to be filled mandatorily;
- Under the head “Filing status” in the Form, filing of “Residential Status” is mandatory;
- Tax payers are advised to furnish their correct mobile number and e-mail address so as to facilitate the Department in sending updates relating to demand, refund etc. In case a return is filed by an intermediary/professional, the email address of the intermediary as well as the assessee may be provided;
- The sections under which the return is filed are given in instruction No.5
- In case the return is being filed by you in a representative capacity, please ensure to quote your PAN in item “PAN of the representative assessee”. In case the PAN of the person being represented is not known or he has not got a PAN in India, the item for PAN in the first line of the return may be left blank. It may please be noted that in the first line of this form, the name of the person being represented be filled.
PART A-BS / PART A-BS-Ind AS and PART A-P&L/PART A-P&L-Ind AS
- The Balance Sheet as on 31st March, 2022 and the profit and loss account for financial year 2021-22 in the formats provided in these parts have to be filled in respect of business or profession carried out by you during the financial year 2021-22 if you were required to maintain accounts of the business or profession during the year.
- In case, accounts of the business or profession were required to be audited, the items of the balance sheet and profit and loss account filled in these parts should broadly match with the audited balance sheet and profit and loss account.
- The related parties referred to in the Balance Sheet are as per the Schedule
III of the Companies Act, 2013.
- Part A-BS-Ind AS and Part A-P&L-Ind AS are applicable in the case of a company whose financial statements are drawn up in compliance with the Indian Accounting Standards (Ind AS) specified in Annexure to the Companies (Indian Accounting Standards) Rules, 2015
PART A-OI AND PART A-QD
- If the accounts of the business or profession were not required to be audited under section 44AB, it is optional to fill these parts.
- Where the accounts of the business or profession were required to be audited under section 44AB, the details to be filled in these parts which are also required to be reported in the report of an audit by the auditors should broadly match with the details as given in the report of audit.
- Purchases are to be shown exclusive of taxes and the details of taxes paid on the purchases are to be indicated separately in the relevant rows. However, where it is not possible to segregate the details of the different taxes paid on the purchases, the same may be included and shown in the details of purchases.
- In Part A-QD, the quantitative details may be furnished only in respect of principal items.
PART A- OL
- This part is to be filled by the official liquidator in respect of the company
under liquidation. In respect of such companies filling out the Balance Sheet and Profit and Loss Account in Part-A is not mandatory if the same has not been drawn.