Step by Step Guide to File ITR 6 Online AY 2019-20

ITR 6 Form Filing Online

The ITR-6 Form for Income Tax Return filing with the IT department of India is meant for only those companies that are not claiming exemption u/s 11 (Income from property held for charitable or religious purposes)

Who can file ITR 6 Form?

ITR-6 can be used by companies that are not claiming exemption u/s 11 (Income from property held for charitable or religious purposes).

Who are not eligible to file ITR 6 Form?

Taxpayers who are not liable to file for ITR-6 Form are mentioned below.

  • Individuals, Hindu Undivided Family (HUF), Firm, Association of Person (AOP), Body of Individuals (BOI), Local Authority and Artificial Judiciary Person
  • Companies that claim an exemption under section 11 (Income from property held for charitable or religious purposes)

What is the eligibility criteria for filing ITR-6 Form?

The companies which are registered under Indian Companies Act of 1956 or any other law are eligible to file ITR-6 Form even if they are not claiming exemption u/s 11 (Income from property held for charitable or religious purposes)

Read Also: Complete Guide to File ITR 4 Sugam Form Online

What is the last date for filing ITR-6 Form?

30th September is the last date for filling ITR-6 form for AY 2019-20.

Let’s Go for Online ITR 6 Filing Guide

Part A-GEN General: Personal Information

  • Name
  • PAN
  • Is there any change in the company’s name? If yes, please furnish the old name
  • Corporate Identity Number (CIN) issued by MCA
  • Flat/Door/Block No
  • Name of Premises/Building/Village
  • Date of incorporation
  • Date of commencement of business
  • Road/Street/Post Office
  • Area/Locality
  • Type of company
    • Domestic Company
    • Foreign Company
  • Town/City/District
  • State
  • Pin code/Zip code
  • If a public company write 6, and if private company write 7 (as defined in section 3 of The Companies Act)
  • Office Phone Number with STD code/ Mobile No. 1
  • Mobile No. 2
  • Email Address-1
  • Email Address-2

Filing Status

  • Filed u/s (Tick)[Please see instruction ]
    • 139(1)- On or Before due date
    • 139(4)- After due date
    • 139(5)- Revised Return
    • 92CD-Modified return
  • After condonation of delay Or filed in response to notice u/s
    • 139
    • 142
    • 148
    • 153
    • 153C
  • If filed, in response to notice u/s 139(9)/142(1)/148/153A/153C or order u/s 119(2)(b), enter date of such notice/order, or if filed u/s 92CD enter date of advance pricing agreement
  • Residential Status (Tick)
    • Resident
    • Non-Resident
  • Whether opting for section 115BA? (Yes/No) (applicable on Domestic Company)
  • Whether total turnover/ gross receipts in the previous year 2016-17 exceeds 250 crore rupees? (Yes/No) (applicable for Domestic Company)
  • Whether assessee is a resident of a country or specified territory with which India has an agreement referred to in sec 90 (1) or Central Government has adopted any agreement under sec 90A(1)?
  • In the case of non-resident, is there a Permanent Establishment (PE) in India
  • Whether assesses is required to seek registration under any law for the time being in force relating to companies?
  • Whether the financial statements of the company are drawn up in compliance to the Indian Accounting Standards specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015
  • Whether assesses is located in an International Financial Services Centre and derives income solely in convertible foreign exchange?
  • Whether the assesses company is under liquidation
  • Whether you are an FII / FPI? Yes/No If yes, please provide SEBI Regn. No.
  • Whether the company is a producer company as defined in Sec.581A of Companies Act, 1956?
  • Whether this return is being filed by a representative assesses? If yes, please furnish following information
  • Whether you are recognised as start up by DPIIT

Audit Information

  • Whether liable to maintain accounts as per section 44AA?
  • Whether liable for audit under section 44AB?
  • If (b) is Yes, whether the accounts have been audited by an accountant?
  • Are you liable for Audit u/s 92E?
  • If liable to furnish other audit report under the Income-tax Act, mention the date of furnishing the audit report?
  • Mention the Act, section and date of furnishing the audit report under any Act other than the Income-tax Act

Holding Status

  • Nature of company (select 1 if holding company, select 2 if a subsidiary company, select 3 if both, select 4 if any other)
  • If subsidiary company, mention the details of the Holding Company
  • If holding company, mention the details of the subsidiary companies

Business Organisation

  • In case of amalgamating company, mention the details of amalgamated company
  • In case of amalgamated company, mention the details of amalgamating company
  • In case of demerged company, mention the details of resulting company
  • In case of resulting company, mention the details of demerged company

Key Persons: Particulars of Managing Director, Directors, Secretary and Principal officer(s) who have held the office during the previous year.

  • S.No.
  • Name
  • Designation
  • Residential Address
  • PAN
  • Director Identification Number (DIN) issued by MCA, in case of Director

Shareholders Information: Particulars of persons who were beneficial owners of shares holding not less than 10% of the voting power at any time of the previous year.

  • S.No.
  • Name and Address
  • Percentage of shares held
  • PAN (if allotted)

Ownership Information

  • In case of unlisted company, particulars of natural persons who were the ultimate beneficial owners, directly or indirectly, of shares holding not less than 10% of the voting power at any time of the previous year
    • S.No.
    • Name Address
    • Percentage of shares held
    • PAN (if allotted)
  • In case of foreign company, please furnish the details of ultimate parent company
    • S.No
    • Name
    • Address
    • Country of residence
    • PAN (if allotted)
    • Taxpayer’s registration number or any unique identification number allotted in the country of residence
  • In case of Foreign company, please furnish the details of immediate parent company.
    • S.No
    • Name
    • Address
    • Country of residence
    • PAN (if allotted)
    • Taxpayer’s registration number or any unique identification number allotted in the country of residence

Nature of Company and Its Business

  • Whether a public sector company as defined in section 2(36A) of the Income-tax Act
  • Whether a company owned by the Reserve Bank of India
  • Whether a company in which not less than forty percent of the shares are held (whether singly or taken together) by the Government or the Reserve Bank of India or a corporation owned by that Bank
  • Whether a banking company as defined in clause (c) of section 5 of the Banking Regulation Act,1949
  • Whether a scheduled Bank being a bank included in the Second Schedule to the Reserve Bank of India Act
  • Whether a company registered with Insurance Regulatory and Development Authority (established under sub-section (1) of section 3 of the Insurance Regulatory and Development Authority Act, 1999)
  • Whether a company being a non-banking Financial Institution
  • Whether the company is unlisted? If yes, please ensure to fill up the Schedule SH-1 and Schedule AL-1
  • Nature of business or profession, if more than one business or profession indicate the three main activities/ products (Other than those declaring Income under section 44AE)

Part A-BS: Balance Sheet as on 31st Day of March, 2019 or as on the Date of Amalgamation

  • I Equity and Liabilities:
    • Shareholder’s Fund
    • Share Application Money Pending Allotment
    • Non-current Liabilities
    • Current Liabilities
  • II Assets
    • Non-current Assets
    • Current Assets

Part A-BS – Ind AS: Balance Sheet as on 31st Day of March, 2019 or as on the Date of Business Combination [applicable for A Company Whose Financial Statements Are Drawn Up in Compliance to the Indian Accounting Standards Specified in Annexure to the Companies (Indian Accounting Standards) Rules, 2015] (Fill Items Below in a Case Where Regular Books of Accounts Are Maintained, Otherwise Fill Item Iii)

  • I Equity and Liabilities
    • Equity share capital
    • Other Equity
    • Total Equity (Aiv + Biii)
  • II Liabilities
    • Non-current liabilities
    • Current liabilities
    • Current Tax Assets (Net)
    • Other current assets
  • III In a case where regular books of account of business or profession are not maintained – (furnish the following information as on 31st day of March, 2019, in respect of business or profession)

Part A: Manufacturing Account: Manufacturing Account for the financial year 2018-19 (fill items 1 to 3 in a case where regular books of accounts are maintained, otherwise fill items 61 to 64 as applicable)

  • Opening Inventory
  • Closing Stock
  • Cost of Goods Produced – transferred to Trading Account (1F – 2)

Part A-Trading Account: Trading Account for the financial year 2018-19 (fill items 4 to 12 in a case where regular books of accounts are
maintained, otherwise fill items 61 to 64 as applicable)

  • Revenue from operations
  • Closing Stock of Finished Stocks
  • Total of credits to Trading Account (4D + 5iv )
  • Opening Stock of Finished Goods
  • Purchases (net of refunds and duty or tax, if any)
  • Direct Expenses (9i + 9ii + 9iii)
  • Duties and taxes, paid or payable, in respect of goods and services purchased
  • Cost of goods produced – Transferred from Manufacturing Account
  • Gross Profit from Business/Profession – transferred to Profit and Loss account (6-7-8-9-10xii11)
  • Turnover from Intraday Trading
  • Income from Intraday Trading

Part A-P& L: Profit and Loss Account for the financial year 2018-19 (fill items 13 to 60 in a case where regular books of accounts are maintained, otherwise fill items 61 to 64 as applicable)

  • Gross profit transferred from Trading Account
  • Other income
  • Total of credits to profit and loss account (13+14xii)
  • Freight outward
  • Consumption of stores and spare parts
  • Power and fuel
  • Rents
  • Repairs to building
  • Repairs to machinery
  • Compensation to employees
  • Insurance
  • Workmen and staff welfare expenses
  • Entertainment
  • Hospitality
  • Conference
  • Sales promotion including publicity (other than advertisement)
  • Advertisement
  • Commission
  • Royalty
  • Professional / Consultancy fees / Fee for technical services
  • Hotel, boarding and Lodging
  • Traveling expenses other than on foreign traveling
  • Foreign travelling expenses
  • Conveyance expenses
  • Telephone expenses
  • Guest House expenses
  • Club expenses
  • Festival celebration expenses
  • Scholarship
  • Gift
  • Donation
  • Rates and taxes, paid or payable to Government or any local body (excluding taxes on income)
  • Audit fee
  • Other expenses (specify nature and amount)
  • Bad debts (specify PAN of the person, if available, for whom Bad Debt for amount of Rs. 1 lakh or more is claimed and amount)
  • Provision for bad and doubtful debts
  • Other provisions
  • Profit before interest, depreciation and taxes [15 – (16 to 21 + 22xi + 23v + 24 to 29 + 30iii + 31iii + 32iii + 33 to
  • 43 + 44x + 45 + 46iii + 47vii + 48 + 49)]
  • Interest
  • Depreciation and amortisation
  • Net profit before taxes (50 – 51iii – 52)
  • Provision for current tax
  • Provision for Deferred Tax and deferred liability
  • Profit after tax (53 – 54 – 55)
  • Balance brought forward from previous year
  • Amount available for appropriation (56 + 57)
  • Appropriations
  • Balance carried to balance sheet (58 – 59vi)
  • COMPUTATION OF PRESUMPTIVE INCOME FROM GOODS CARRIAGES UNDER SECTION 44AE
  • In case of Foreign Company whose total income comprises solely of profits and gains from business referred to in sections 44B, 44BB, 44BBA or 44BBB, furnish the following information

Part A: Manufacturing Account Ind-AS: Manufacturing Account for the financial year 2018-19 [applicable for a company whose financial statements are drawn up in compliance to the Indian Accounting Standards specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015] (fill items 1 to 3 in a case where regular books of accounts are maintained, otherwise fill items 61 to 64 as applicable)

  • Opening Inventory
  • Closing Stock
  • Cost of Goods Produced – transferred to Trading Account (1F – 2)

Part A-Trading Account Ind-AS: Trading Account for the financial year 2018-19 [applicable for a company whose financial statements are drawn up in compliance to the Indian Accounting Standards specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015] (fill items 4 to 12 in a case where regular books of accounts are maintained, otherwise fill items 61 to 64 as applicable)

  • Revenue from operations
  • Closing Stock of Finished Stocks
  • Total of credits to Trading Account (4D + 5iv )
  • Opening Stock of Finished Goods
  • Purchases (net of refunds and duty or tax, if any)
  • Direct Expenses (9i + 9ii + 9iii)
  • Duties and taxes, paid or payable, in respect of goods and services purchased
  • Cost of goods produced – Transferred from Manufacturing Account
  • Gross Profit from Business/Profession – transferred to Profit and Loss account (6-7-8-9-10xii11)
  • Turnover from Intraday Trading
  • Income from Intraday Trading

Part A-P& L Ind-AS: Profit and Loss Account for the financial year 2018-19 [applicable for a company whose financial statements are drawn
up in compliance to the Indian Accounting Standards specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015]
(fill items 13 to 60 in a case where regular books of accounts are maintained, otherwise fill items 61 to 64 as applicable)

  • Gross profit transferred from Trading Account
  • Other income
  • Total of credits to profit and loss account (13+14xii)
  • Freight outward
  • Consumption of stores and spare parts
  • Power and fuel
  • Rents
  • Repairs to building
  • Repairs to machinery
  • Compensation to employees
  • Insurance
  • Workmen and staff welfare expenses
  • Entertainment
  • Hospitality
  • Conference
  • Sales promotion including publicity (other than advertisement)
  • Advertisement
  • Commission
  • Royalty
  • Professional / Consultancy fees / Fee for technical services
  • Hotel, boarding and Lodging
  • Traveling expenses other than on foreign traveling
  • Foreign travelling expenses
  • Conveyance expenses
  • Telephone expenses
  • Guest House expenses
  • Club expenses
  • Festival celebration expenses
  • Scholarship
  • Gift
  • Donation
  • Rates and taxes, paid or payable to Government or any local body (excluding taxes on income)
  • Audit fee
  • Other expenses (specify nature and amount)
  • Bad debts (specify PAN of the person, if available, for whom Bad Debt for amount of Rs. 1 lakh or more is claimed and amount)
  • Provision for bad and doubtful debts
  • Other provisions
  • Profit before interest, depreciation and taxes [15 – (16 to 21 + 22xi + 23v + 24 to 29 + 30iii + 31iii + 32iii + 33 to 43 + 44x + 45 + 46iii + 47vii + 48 + 49)]
  • Interest
  • Depreciation and amortisation
  • Net profit before taxes (50 – 51iii – 52)
  • Provision for current tax
  • Provision for Deferred Tax and deferred liability
  • Profit after tax (53 – 54 – 55)
  • Balance brought forward from previous year
  • Amount available for appropriation (56 + 57)
  • Appropriations
  • Balance carried to balance sheet (58 – 59vi)
  • A Items that will not be reclassified to P&L
  • Total Comprehensive Income (56 + 61A + 61B)
  • COMPUTATION OF PRESUMPTIVE INCOME FROM GOODS CARRIAGES UNDER SECTION 44AE
  • IF REGULAR BOOKS OF ACCOUNT OF BUSINESS OR PROFESSION ARE NOT MAINTAINED,furnish the following information for previous year 2018-19 in respect of business or profession – (OTHER THAN COVERED U/S 44AE)

Part A- OI Other Information (mandatory, if liable for audit under section 44AB, for other fill, if applicable)

  • Method of accounting employed in the previous year
  • Is there any change in method of accounting
  • Increase in the profit or decrease in loss because of deviation, if any, as per Income Computation Disclosure Standards notified under section 145(2) [column 11a(iii) of Schedule ICDS]
  • Decrease in the profit or increase in loss because of deviation, if any, as per Income Computation Disclosure Standards notified under section 145(2) [column 11b(iii) of Schedule ICDS]
  • Method of valuation of closing stock employed in the previous year
  • Amounts not credited to the profit and loss account, being
  • Amounts debited to the profit and loss account, to the extent disallowable under section 36 due to nonfulfilment of condition specified in relevant clauses
  • Amounts debited to the profit and loss account, to the extent disallowable under section 37
  • Amounts debited to the profit and loss account, to the extent dis-allowable under section 40
  • Any amount disallowed under section 40 in any preceding previous year but allowable during the previous year
  • Amounts debited to the profit and loss account, to the extent disallowable under section 40A
  • Any amount disallowed under section 43B in any preceding previous year but allowable during the previous year
  • Any amount debited to profit and loss account of the previous year but disallowable under section 43B
  • Amount of credit outstanding in the accounts in respect of
  • Amounts deemed to be profits and gains under section 33AB or 33ABA or 33AC
  • Any amount of profit chargeable to tax under section 41
  • Amount of income or expenditure of prior period credited or debited to the profit and loss account (net)
  • Amount of expenditure disallowed u/s 14A

Similar: Common Questions and Answers While Filing Income Tax Return

Part A – QD Quantitative details (mandatory, if liable for audit under section 44AB)

  • In the case of a trading concern
  • In the case of a manufacturing concern

Part A – OL Receipt and payment account of company under liquidation

  • Opening balance
  • Receipts
  • Total of opening balance and receipts 3
  • Payments
  • Closing balance
  • Total of closing balance and payments (4vi + 5iii)

Schedules To The Return Form (Fill As Applicable)

Schedule HP: Details of Income from House Property (Please refer instructions) (Drop down to be provided indicating ownership of property)

  • Address of property 1
  • Address of property 2
  • Pass through income if any
  • Income under the head “Income from house property” (1k + 2k + 3) (if negative take the figure to 2i of schedule CYLA)
  • Note:
    • Furnishing of PAN of tenant is mandatory, if tax is deducted under section 194-IB.
    • Furnishing of TAN of tenant is mandatory, if tax is deducted under section 194-I.

Schedule BP: Computation of income from business or profession

  • From business or profession other than speculative business and specified business
  • Computation of income from speculative business
  • Computation of income from specified business under section 35AD
  • Income chargeable under the head ‘Profits and gains from business or profession'(A38+B44+C50)
  • Intra head set off of business loss of current year

Schedule DPM: Depreciation on Plant and Machinery (Other than assets on which full capital expenditure is allowable as deduction under any other
section)

  • Block of assets Plant and machinery
  • Rate (%) 15 30 40
  • Written down value on the first day of previous year
  • Additions for a period of 180 days or more in the previous year
  • Consideration or other realization during the previous year out of 3 or 4
  • Amount on which depreciation at full rate to be allowed (3 + 4 -5) (enter 0, if result is negative)
  • Additions for a period of less than 180 days in the previous year
  • Consideration or other realizations during the year out of 7
  • Amount on which depreciation at half rate to be allowed (7 – 8) (enter 0, if result is negative)
  • Depreciation on 6 at full rate
  • Depreciation on 9 at half rate
  • Additional depreciation, if any, on 4
  • Additional depreciation, if any, on 7
  • Additional depreciation relating to immediately preceding year on asset put to use for less than 180 days
  • Total depreciation (10+11+12+13+14)
  • Depreciation disallowed under section 38(2) of the I.T. Act (out of column 15)
  • Net aggregate depreciation (15-16)
  • Proportionate aggregate depreciation allowable in the event of succession, amalgamation, demerger etc. (out of column 17)
  • Expenditure incurred in connection with transfer of asset/ assets
  • Capital gains/ loss under section 50 (5 + 8 -3 – 4 -7 -19) (enter negative only, if block ceases to exist)
  • Written down value on the last day of previous year* (6+ 9 -15) (enter 0, if result is negative)

Schedule DOA: Depreciation on other assets (Other than assets on which full capital expenditure is allowable as deduction)

  • Block of assets Land Building (not including land), Furniture and fittings, Intangible assets Ships
  • Rate (%) Nil 5,10,40,10,25,20
  • Written down value on the first day of previous year
  • Additions for a period of 180 days or more in the previous year
  • Consideration or other realization during the previous year out of 3 or 4
  • Amount on which depreciation at full rate to be allowed (3 + 4 -5) (enter 0, if result is negative)
  • Additions for a period of less than 180 days in the previous year
  • Consideration or other realizations during the year out of 7
  • Amount on which depreciation at half rate to be allowed (7-8) (enter 0, if result is negative)
  • Depreciation on 6 at full rate
  • Depreciation on 9 at half rate
  • Total depreciation (10+11)
  • Depreciation disallowed under section 38(2) of the I.T. Act (out of column 12)
  • Net aggregate depreciation (12-13)
  • Proportionate aggregate depreciation allowable in the event of succession, amalgamation, demerger etc. (out of column 14)
  • Expenditure incurred in connection with transfer of asset/ assets
  • Capital gains/ loss under section 50* (5 + 8 -3-4 -7 -16) (enter negative only if block ceases to exist)
  • Written down value on the last day of previous year* (6+ 9 -12) (enter 0 if result is negative)

Schedule DEP: Summary of depreciation on assets (Other than on assets on which full capital expenditure is allowable as deduction under any other
section)

  • Plant and machinery
  • Building (not including land)
  • Furniture and fittings(Schedule DOA- 14v or 15v as applicable)
  • Intangible assets (Schedule DOA- 14vi or 15vi as applicable)
  • Ships (Schedule DOA- 14vii or 15vii as applicable)
  • Total depreciation ( 1d+2d+3+4+5)

Schedule DCG: Deemed Capital Gains on sale of depreciable assets

  • Plant and machinery
  • Building (not including land)
  • Furniture and fittings ( Schedule DOA- 17v)
  • Intangible assets (Schedule DOA- 17vi)
  • Ships (Schedule DOA- 17vii)
  • Total ( 1d+2d+3+4+5)

Schedule ESR: Expenditure on scientific Research etc. (Deduction under section 35 or 35CCC or 35CCD)

  • Sl No
  • Expenditure of the nature referred to in section
  • Amount, if any, debited to profit and loss account
  • Amount of deduction allowable
  • Amount of deduction in excess of the amount debited to profit and loss account (4) = (3) – (2)

Schedule CG: Capital Gains

  • Short-term Capital Gains (STCG) (Sub-items 4 & 5 are not applicable for residents)
  • Long-term capital gain (LTCG) (Sub-items 5, 6, 7, 8 & 9 are not applicable for residents)
  • Income chargeable under the head “CAPITAL GAINS” (A10 + B13) (take B10 as nil, if loss)
  • Information about deduction claimed against Capital Gains
  • Set-off of current year capital losses with current year capital gains (excluding amounts included in A7 & B9 which is chargeable under DTAA)
  • Information about accrual/receipt of capital gain

Schedule OS: Income from other sources

  • Gross income chargeable to tax at normal applicable rates (1a+ 1b+ 1c+ 1d + 1e)
  • Income chargeable at special rates (2a+ 2b+ 2c+ 2d + 2e)
  • Deductions under section 57 (other than those relating to income chargeable at special rates under 2a, 2b & 2d )
  • Amounts not deductible u/s 58
  • Profits chargeable to tax u/s 59
  • Net Income from other sources chargeable at normal applicable rates (1 – 3 + 4 + 5) (If negative take the figure to 4i of schedule CYLA)
  • Income from other sources (other than from owning and maintaining race horses) (2 +6 )) (enter 6 as nil, if negative)
  • Income from the activity of owning race horses
  • Income under the head “Income from other sources” (7 + 8e) (take 8e e as nil if negative)
  • Information about accrual/receipt of income from Other Sources

Schedule CYLA: Details of Income after Set off of current year losses

  • Sl.No
  • Head/ Source of Income
  • Income of current year (Fill this column only if income is zero or positive)
  • House property loss of the current year set off
  • Business Loss (other than speculation or specified business loss) of the current year set off
  • Other sources loss (other than loss from race horses and amount chargeable to special rate of tax) of the current year set off
  • Current year’s Income remaining after set off

Schedule BFLA: Details of Income after Set off of Brought Forward Losses of earlier years

  • Sl.No
  • Head/ Source of Income
  • Income after set off, if any, of current year’s losses as per 5 of Schedule CYLA)
  • Brought forward loss set off
  • Brought forward depreciation set off
  • Brought forward allowance under section 35(4) set off
  • Current year’s income remaining after set off

Schedule CFL: Details of Losses to be carried forward to future years

  • Sl.No
  • Assessment Year
  • Date of Filing (DD/MM/YYYY)
  • House property loss
  • Loss from business other than loss from speculative business and specified business
  • Loss from speculative business
  • Loss from specified business
  • Short-term capital loss
  • Long-term Capital loss
  • Loss from owning and maintaining race horses

Schedule UD: Unabsorbed depreciation and allowance under section 35(4)

  • Sl No
  • Assessment Year
  • Amount of brought forward unabsorbed depreciation
  • Amount of depreciation set-off against the current year income
  • Balance carried forward to the next year
  • Allowance under section 35(4)
  • Amount of brought forward unabsorbed allowance
  • Amount of allowance set-off against the current year income
  • Balance Carried forward to the next year

Schedule ICDS: Effect of Income Computation Disclosure Standards on profit

  • Accounting Policies
  • Valuation of Inventories (other than the effect of change in method of valuation u/s 145A, if the same is separately reported at col. 4d or 4e of Part A-OI)
  • Construction Contracts
  • Revenue Recognition
  • Tangible Fixed Assets
  • Changes in Foreign Exchange Rates
  • Government Grants
  • Securities (other than the effect of change in method of valuation u/s 145A, if the same is separately reported at col. 4d or 4e of Part A-OI)
  • Borrowing Costs
  • Provisions, Contingent Liabilities and Contingent Assets
  • Total effect of ICDS adjustments on profit (I+II+III+IV+V+VI+VII+VIII+IX+X) (if positive)
  • Total effect of ICDS adjustments on profit (I+II+III+IV+V+VI+VII+VIII+IX+X) (if negative)

Schedule 10AA: Deduction under section 10AA

  • Sl
  • Undertaking
  • Assessment year in which unit begins to manufacture/produce/provide services
  • Sl
  • Amount of deduction

Schedule 80G: Details of donations entitled for deduction under section 80G

  • Donations entitled for 100% deduction without qualifying limit
  • Donations entitled for 50% deduction without qualifying limit
  • Donations entitled for 100% deduction subject to qualifying limit
  • Donations entitled for 50% deduction subject to qualifying limit
  • Total donations (Aiv + Biv + Civ + Div)

Schedule 80GGA: Details of donations for scientific research or rural development

  • S.No.
  • Relevant clause under which deduction is claimed (drop down to be provided)
  • Name and address of donee
  • PAN of Donee
  • Amount of donation
  • Eligible Amount of donation

Schedule RA: Details of donations to research associations etc. [deduction under sections 35(1)(ii) or 35(1)(iia) or 35(1)(iii) or 35(2AA)]

  • Name and address of donee
  • PAN of Donee
  • Amount of donation
  • Eligible Amount of donation

Schedule 80-IA: Deductions under section 80-IA

  • Deduction in respect of profits of an enterprise referred to in section 80-IA(4)(i) [Infrastructure facility]
  • Deduction in respect of profits of an undertaking referred to in section 80-IA(4)(ii) [Telecommunication services]
  • Deduction in respect of profits of an undertaking referred to in section 80-IA(4)(iii) [Industrial park and SEZs]
  • Deduction in respect of profits of an undertaking referred to in section 80-IA(4)(iv) [Power]
  • Deduction in respect of profits of an undertaking referred to in section 80-IA(4)(v) [Revival of power generating plant] and deduction in respect of profits of an undertaking referred to in section 80-IA(4)(vi) [Crosscountry natural gas distribution network]
  • Total deductions under section 80-IA (a1 + a2 + b1 + b2 + c1 + c2+ d1 + d2+ e1 + e2)

Schedule 80-IB: Deductions under section 80-IB

  • Deduction in respect of industrial undertaking located in Jammu & Kashmir [Section 80-IB(4)]
  • Deduction in respect of industrial undertaking located in industrially backward states specified in Eighth Schedule [Section 80-IB(4)]
  • Deduction in respect of industrial undertaking located in industrially backward districts [Section 80-IB(5)]
  • Deduction in the case of multiplex theatre [Section 80-IB(7A)]
  • Deduction in the case of convention centre [Section 80-IB(7B)]
  • Deduction in the case of company carrying on scientific research [Section 80-IB(8A)]
  • Deduction in the case of undertaking which begins commercial production or refining of mineral oil [Section 80-IB(9)]
  • Deduction in the case of an undertaking developing and building housing projects [Section 80-IB(10)]
  • Deduction in the case of an undertaking operating a cold chain facility [Section 80-IB(11)]
  • Deduction in the case of an undertaking engaged in processing, preservation and packaging of fruits, vegetables, meat, meat products, poultry, marine or dairy products [Section 80-IB(11A)]
  • Deduction in the case of an undertaking engaged in integrated business of handling, storage and transportation of food grains [Section 80-IB(11A)]
  • Deduction in the case of an undertaking engaged in operating and maintaining a rural hospital [Section 80-IB(11B)]
  • Deduction in the case of an undertaking engaged in operating and maintaining a hospital in any area, other than excluded area [Section 80-IB(11C)
  • Total deduction under section 80-IB (Total of a1 to m2)

Schedule 80-IC or 80-IE: Deductions under section 80-IC or 80-IE

  • Deduction in respect of undertaking located in Sikkim
  • Deduction in respect of undertaking located in Himachal Pradesh
  • Deduction in respect of undertaking located in Uttaranchal
  • Deduction in respect of undertaking located in North-East
  • Total deduction under section 80-IC or 80-IE (a + d + c + dh)

Schedule VI-A Deductions under Chapter VI-A

  • Part B- Deduction in respect of certain payments
  • Part C- Deduction in respect of certain incomes
  • Total deductions under Chapter VI-A (1 + 2)

Schedule SI: Income chargeable to tax at special rates [Please see instruction Number-7(ii) for section and rate of tax] SPECIAL RATE

  • 111A (STCG on shares/equity oriented MF on which STT paid)
  • 115AD (STCG for FIIs on securities where STT not paid)
  • 112 proviso (LTCG on listed securities/ units without indexation)
  • 112(1)(c)(iii) (LTCG for non-resident on unlisted securities)
  • 115AB (LTCG for non-resident on units referred in section115AB)
  • 115AC (LTCG for non-resident on bonds/GDR)
  • 115AD (LTCG for FII on securities)
  • 112 (LTCG on others)
  • 112A (LTCG on sale of shares or units on which STT is paid)
  • STCG chargeable at special rates in India as per DTAA
  • LTCG Chargeable at special rates in India as per DTAA
  • 115B (Profits and gains of life insurance business)
  • 115AC (Income of a non-resident from bonds or GDR purchased in foreign currency)
  • 115BB (Winnings from lotteries, puzzles, races, games etc.)
  • 115BBD (Dividend received from specified foreign company)
  • 115BBE (Income under section 68, 69, 69A, 69B, 69C or 69D)
  • 115A(1)(b) (Income of a foreign company from Royalty)
  • 115BBF (Tax on income from patent)
  • 115BBG (Tax on income from transfer of carbon credits)
  • Income from other sources chargeable at special rates in India as per DTAA
  • Pass Through Income in the nature of Short Term Capital Gain chargeable @ 15%
  • Pass Through Income in the nature of Short Term Capital Gain chargeable @ 30%
  • Pass Through Income in the nature of Long Term Capital Gain chargeable @ 10%
  • Pass Through Income in the nature of Long Term Capital Gain chargeable @ 20%
  • Pass through income in the nature of income from other source chargeable at special rates

Schedule EI: Details of Exempt Income (Income not to be included in Total Income or not chargeable to tax)

  • Interest income
  • Dividend income
  • 3
    • i Gross Agricultural receipts (other than income to be excluded under rule 7A, 7B or 8 of I.T. Rules)
    • ii Expenditure incurred on agriculture
    • iii Unabsorbed agricultural loss of previous eight assessment years
    • iv Agricultural income portion relating to Rule 7, 7A, 7B(1), 7B(1A) and 8 (from Sl. No. 40 of Sch. BP) iv
    • v Net Agricultural income for the year (i – ii – iii + iv) (enter nil if loss)
    • vi In case the net agricultural income for the year exceeds Rs.5 lakh, please furnish the following details (Fill up details separately for each agricultural land)
  • Other exempt income including exempt income of minor child (please specify)
  • Income not chargeable to tax as per DTAA
  • Pass through income not chargeable to tax (Schedule PTI)
  • Total (1+2+3+4+5+6)

Schedule PTI: Pass Through Income details from business trust or investment fund as per section 115UA, 115UB

  • Sl.
  • Name of business trust/investment fund
  • PAN of the business trust/ investment fund
  • Sl.
  • Head of income
  • Amount of income
  • TDS on such amount, if any

Schedule MAT: Computation of Minimum Alternate Tax payable under section 115JB

  • Whether the Profit and Loss Account is prepared in accordance with the provisions of Parts II of Schedule III to the Companies Act, 2013 (If yes, write ‘Y’, if no write ‘N’)
  • If 1 is no, whether profit and loss account is prepared in accordance with the provisions of the Act governing such company (If yes, write ‘Y’, if no write ‘N’)
  • Whether, for the Profit and Loss Account referred to in item 1 above, the same accounting policies, accounting standards and same method and rates for calculating depreciation have been followed as have been adopted for preparing accounts laid before the company at its annual general body meeting? (If yes, write ‘Y’, if no write ‘N’)
  • Profit after tax as shown in the Profit and Loss Account (enter item 56 of Part A-P&L) )/ (enter item 56 of Part A- P&L Ind AS) (as applicable)
  • Additions (if debited in profit and loss account)
  • Deductions
  • Book profit under section 115JB (4+ 5n – 6l)
  • Whether the financial statements of the company are drawn up in compliance to the Indian Accounting Standards (Ind-AS) specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015. If yes, furnish the details below:-
  • A. Additions to book profit under sub-sections (2A) to (2C) of section 115JB
  • B. Deductions from book profit under sub-sections (2A) to (2C) of section 115JB
  • Deemed total income under section 115JB (7 + 8e – 8j)
  • Tax payable under section 115JB

Schedule MATC: Computation of tax credit under section 115JAA

  • Tax under section 115JB in assessment year 2019-20 (1d of Part-B-TTI)
  • Tax under other provisions of the Act in assessment year 2019-20 (2f of Part-B-TTI)
  • Amount of tax against which credit is available [enter (2 – 1) if 2 is greater than 1, otherwise enter 0]
  • Utilisation of MAT credit Available [Sum of MAT credit utilised during the current year is subject to maximum of amount mentioned in 3 above and cannot exceed the sum of MAT Credit Brought Forward ]
  • Amount of tax credit under section 115JAA utilised during the year [enter 4(C)xiii]
  • Amount of MAT liability available for credit in subsequent assessment years [enter 4(D)xiii]

Schedule- DDT: Details of tax on distributed profits of domestic companies and its payment

  • Section Under which dividend is being declared
  • Date of declaration or distribution or payment, whichever is earliest, of dividend by domestic company (DD/MM/YYYY) (DD/MM/YYYY) (DD/MM/YYYY)
  • Rate of dividend, declared, distributed or paid
  • Amount of dividend declared, distributed or paid
  • Amount of reduction as per section 115-O(1A)
  • Tax payable on dividend declared, distributed or paid
  • Interest payable under section 115P
  • Additional income-tax and interest payable (6d+7)
  • Tax and interest paid
  • Net payable/refundable (8-9)
  • Date(s) of deposit of dividend distribution tax
  • Name of Bank and Branch
  • BSR Code
  • Serial number of challan
  • Amount deposited

Schedule- BBS: Details of tax on distributed income of a domestic company on buy back of shares, not listed on stock exchange

  • Date of payments of any consideration to the shareholder on buy back of share
  • Amount of consideration paid by the company on buy-back of shares
  • Amount received by the company for issue of such shares
  • Distributed Income of the company (2 – 3)
  • Tax payable on distributed income
  • Interest payable under section 115QB
  • Additional income-tax and interest payable (5d + 6)
  • Tax and interest paid
  • Net payable/refundable (7-8)
  • Date(s) of deposit of tax on distribution income
  • Name of Bank and Branch
  • BSR Code
  • Serial number of challan
  • Amount deposited

Schedule FSI: Details of Income from outside India and tax relief

  • Sl.
  • Country Code
  • Taxpayer Identification Number
  • Sl.
  • Head of income
  • Income from outside India (included in PART BTI)
  • Tax paid outside India
  • Tax payable on such income under normal provisions in India
  • Tax relief available in India (e)= (c) or (d) whichever is lower
  • Relevant article of DTAA if relief claimed u/s 90 or 90A

Schedule TR: Summary of tax relief claimed for taxes paid outside India

  • Details of Tax relief claimed
  • Total Tax relief available in respect of country where DTAA is applicable (section 90/90A) (Part of total of 1(d))
  • Total Tax relief available in respect of country where DTAA is not applicable (section 91) (Part of total of 1(d))
  • Whether any tax paid outside India, on which tax relief was allowed in India, has been refunded/credited by the foreign tax authority during the year? If yes, provide the details below
  • a Amount of tax refunded
  • b Assessment year in which tax relief allowed in India

Schedule FA: Details of Foreign Assets and Income from any source outside India

  • Details of Foreign Depository Accounts held (including any beneficial interest) at any time during the relevant accounting period)
  • Details of Foreign Custodial Accounts held (including any beneficial interest) at any time during the relevant accounting period
  • Details of Foreign Equity and Debt Interest held (including any beneficial interest) in any entity at any time during the relevant accounting period
  • Details of Foreign Cash Value Insurance Contract or Annuity Contract held (including any beneficial interest) at any time during the relevant accounting period
  • Details of Financial Interest in any Entity held (including any beneficial interest) at any time during the relevant accounting period
  • Details of Immovable Property held (including any beneficial interest) at any time during the relevant accounting period
  • Details of any other Capital Asset held (including any beneficial interest) at any time during the relevant accounting period
  • Details of account(s) in which you have signing authority held (including any beneficial interest) at any time during the relevant accounting period and which has not been included in A to D above.
  • Details of trusts, created under the laws of a country outside India, in which you are a trustee, beneficiary or settlor
  • Details of any other income derived from any source outside India which is not included in,- (i) items A to F above and, (ii) income under the head business or profession

Schedule Sh-1: Shareholding Of Unlisted Company (Other Than A Start-Up For Which Schedule Sh-2 Is To Be Filled Up)

  • If you are an unlisted company, please furnish the following details;-
  • Details of shareholding at the end of the previous year
  • Details of equity share application money pending allotment at the end of the previous year
  • Details of shareholders who is not a shareholder at the end of the previous year but was a shareholder at any time during the previous year

Schedule Sh-2: Shareholding of Start-Ups

  • If you are a start-up which has filed declaration in Form-2 under para 5 of DPIIT notification dated 19.02.2019, please furnish the following details of shareholding;-
  • Details of shareholding as at the end of the previous year
  • Details of share application money pending allotment as at the end of the previous year
  • Details of shareholder who is not a shareholder at the end of the previous year but was a shareholder at any time during the previous year

Schedule AL-1: Assets and liabilities as at the end of the year (mandatorily required to be filled up by an unlisted company) (other than a start-up for which Schedule AL-2 is to be filled up)

  • Details of building or land appurtenant there to, or both, being a residential house
  • Details of land or building or both not being in the nature of residential house
  • Details of listed equity shares
  • Details of unlisted equity shares
  • Details of other securities
  • Details of capital contribution to other entity
  • Details of Loans & Advances to any other concern (If money lending is not assessee’s substantial business)
  • Details of motor vehicle, aircraft, yacht or other mode of transport
  • Details of Jewellery, archaeological collections, drawings, paintings, sculptures, any work of art or bullion
  • Details of liabilities

Schedule AL-2: Assets and liabilities as at the end of the year (applicable for start-ups only)

  • Details of building or land appurtenant there to, or both, being a residential house acquired since incorporation
  • Details of land or building or both not being a residential house acquired since incorporation
  • Details of Loans & Advances made since incorporation (If lending of money is not assessee’s substantial business)
  • Details of capital contribution made to any other entity since incorporation
  • Details of acquisition of shares and securities
  • Details of motor vehicle, aircraft, yacht or other mode of transport, the actual cost of which exceeds ten lakh rupees acquired since incorporation
  • Details of Jewellery acquired since incorporation
  • Details of archaeological collections, drawings, paintings, sculptures, any work of art or bullion acquired since incorporation
  • Details of liabilities

Schedule GST: Information Regarding Turnover/Gross Receipt Reported For GST

  • Sl. No.
  • GSTIN No(s).
  • Annual value of outward supplies as per the GST return(s) filed

Schedule FD: Break-up of payments/receipts in Foreign currency (to be filled up by the assessee who is not liable to get accounts audited u/s
44AB)

  • Payments made during the year on capital account
  • Payments made during the year on revenue account
  • Receipts during the year on capital account
  • Receipts during the year on revenue account

Part B – TI Computation of total income

  • Income from house property ( 4 of Schedule-HP) (enter nil if loss)
  • Profits and gains from business or profession
  • Capital gains
  • Income from other sources
  • Total of head wise income (1 + 2v + 3c + 4d)
  • Losses of current year to be set off against 5 (total of 2xvii, 3xvii and 4xvii of Schedule CYLA)
  • Balance after set off current year losses (5 – 6) (total of column 5 of schedule CYLA + 4b + 2iv)
  • Brought forward losses to be set off against 7 (total of 2xvi, 3xvi and 4xvi of Schedule BFLA)
  • Gross Total income (7 – 8) ( 5xvii of Schedule BFLA + 4b + 2iv)
  • Income chargeable to tax at special rate under section 111A, 112, 112A etc. included in 9
  • Deductions under Chapter VI-A
  • Deduction u/s 10AA (c of Sch. 10AA)
  • Total income (9 – 11c – 12)
  • Income chargeable to tax at special rates (total of (i) of schedule SI)
  • Income chargeable to tax at normal rates (13 – 14)
  • Net agricultural income( 3 of Schedule EI)
  • Losses of current year to be carried forward (total of xi of Schedule CFL)
  • Deemed total income under section 115JB (9 of Schedule MAT)

Part B – TTI Computation of tax liability on total income

Tax Payments

  • 1
    • a Tax Payable on deemed total Income under section 115JB (10 of Schedule MAT)
    • b Surcharge on (a) above (if applicable)
    • c Health and Education Cess @ 4%on (1a+1b)
    • d Total Tax Payable u/s 115JB (1a+1b+1c)
  • Tax payable on total income
  • Gross tax payable (higher of 1d and 2f)
  • Credit under section 115JAA of tax paid in earlier years (if 2f is more than 1d)( 5 of Schedule MATC)
  • Tax payable after credit under section 115JAA [ (3 – 4)]
  • Tax relief
  • Net tax liability (5 – 6c) (enter zero if negative)
  • Interest and fee payable
  • Aggregate liability (7 + 8e)
  • Taxes Paid
  • Amount payable (9 – 10e) (Enter if 9 is greater than 10e, else enter 0)
  • Refund (If 10e is greater than 9) (Refund, if any, will be directly credited into the bank account)
  • Details of all Bank Accounts held in India at any time during the previous year (excluding dormant accounts) (In case of non-residents, details of any one foreign Bank Account may be furnished for the purpose of credit of refund)
  • Do you at any time during the previous year

15 Tax Payments

  • Details of payments of Advance Tax and Self-Assessment Tax
  • Details of Tax Deducted at Source (TDS) on Income [As per Form 16 A issued or Form 16B/16C furnished by Deductor(s)]
  • Details of Tax Collected at Source (TCS) [As per Form 27D issued by the Collector(s)]

Verification

I,__________________ son/ daughter of _____________, solemnly declare that to the best of my knowledge and belief, the information given in the return and the schedules thereto is correct and complete is in accordance with the provisions of the Income-tax Act, 1961. I further declare that I am making this return in my capacity as ________________ (drop down to be provided and I am also competent to make this return and verify it. I am holding permanent account number (if allotted) (Please see instruction). I further declare that the critical assumptions specified in the agreement have been satisfied and all the terms and conditions of the agreement have been complied with. (Applicable, in a case where return is furnished under section 92CD).
Date: __________ Sign here: ________

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