ITR-6 Return Filing in meghalaya
ITR-6 return must be filed by all companies registered in India before 31st October. Failure to file income tax return for a company can lead to penalty and disallowance of loss carry forward, if any.
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ITR 6 Return Filing in Meghalaya
ITR 6 Return Filing in Meghalaya is an income return form that is to be furnished by companies to e-file the income tax returns if they are not claiming exemption under Section 11 of the Income Tax Act 1961. Companies that can claim the exemption u/s 11 are those that have income from the property that is held for charitable or religious places. Hence, companies that have claiming exemption under section 11 are required to furnish their income tax return in the ITR 6 Form in Meghalaya.
E filing Audit reports
In case is the assessee is liable for audit under the section 44AB and the accountant has audited the accounts, the details of the audit report, auditor along the date of furnishing is to be sent to the department electronically.
Who is eligible for ITR 6 return filing in Meghalaya?
ITR 6 filing in Meghalaya is to be filed by every Company irrespective of its structure registered under the Companies Act 2013 or the earlier Companies Act,1956. However, the companies whose income source is from a charitable or religious organization are not required to file Form ITR 6 in Meghalaya.
While filing ITR 6 Form in Meghalaya an audit report under Section 44AB is necessary to file returns. Section 44AB states that an entity whose sales, turnover, or gross receipts are more than Rs.1 Crore in the preceding financial year must get the accounts audited from a chartered accountant compulsorily.
Who should not file ITR 6 returns in Maharastra?
The companies within the source of income from the religious or charitable organizations can seek exemptions under Section 11. Thus, an entity seeking exemption under Section 11 shall file ITR 6.
ITR 6 return filing in Meghalaya is annexure less no documents, not even the TDS certificate is to be attached while filing ITR 6 returns. The taxpayers are only advised to match the deducted taxes on behalf of them.
ITR 6 is to be furnished completely online so to file ITR 6 Returns in Meghalaya get in touch with our Compliance experts today.