Answer: Aman March 3, 2021 Answer:
ITR 6 form is to be used by companies for e-filing the tax return, if they don't claim the exemption u/s 11 of the Income Tax Act, 1961.
So, which companies claim exemptions under section 11?
Companies claim exemption under section 11 when their income is from property held for charitable or religious purposes.
So, which companies can file ITR 6?
As per section 2(17) of Income Tax Act, company means: -
(i) Indian Company (Domestic Company)
(ii) Body corporate incorporated by or under the laws of country outside India
(iii) Any institution, association or body, whether incorporated or not & whether Indian or Non-Indian which is declared by general or special order of the board to be company,etc.
And thus, aforementioned companies can file ITR 6
