Income Tax filing for Companies

ITR-5 Form Filing – Income Tax Return

ITR-5 Form can be used by Firms, Limited Liability Partnerships(LLPs), Association of persons(AOPs) and Body of Individuals(BOIs), Artificial Juridical Person, Cooperative society and Local authority, provided they are not required to file the return of income under section 139(4A) or 139(4B) or 139(4C) or 139(4D) (i.e., Trusts, Political party, Institutions, Colleges, etc.).

Individuals, HUFs (Hindu Undivided Families), Companies cannot use the ITR-5 Form.

Due date for filing the income tax return is 31^st July.

ITR-6 Form Filing – Income Tax Return

ITR-6 Form can be used only by Companies. Only companies that are not claiming exemption under section 11 (Income from property held for charitable or religious purposes) can use the form to file their Tax Returns with the Income Tax Department of India.

Due date for filing the income tax return is 30th September.

ITR-7 Form Filing – Income Tax Return

ITR-7 Form can be used by Companies, Firms, Local authority, Association of Person (AOP) and Artificial Judiciary Person that are claiming exemption as one the following

Charitable /Religious trust under Section 139 (4A)

Political party under Section 139 (4B)

Scientific research institutions under Section 139 (4C)

University or Colleges or Institutions or Khadi and Village industries under Section 139 (4D)

Due Date for all Tax Assessees, whose accounts are required to be audited, is 30th September. Due Date for Tax Assessees, whose accounts are not required to be audited, is 31st July.