CBDT's New ITR-6 Form: Top Changes for Companies in 2025

Written By: Mobin

The revised ITR-6 form is mandatory from April 1, 2025, for companies filing income tax returns. Check if your business is affected!

Effective

Applies to all companies except those claiming exemption under Section 11 of Income Tax Act, 1961. Verify your eligibility now.

Applicability

Aims to increase transparency and prevent tax evasion. Companies must disclose detailed financials for better compliance.

Objective

Split capital gains (pre & post 23.07.2024) Report capital losses from share buybacks Enhanced disclosures (PAN, CIN, incorporation date)

Key Changes

Companies must declare: Domestic/Foreign status Name changes (if any) Business commencement date Registered office details

Disclosures

Section 44BBC (business income) Rule 10TIA (diamond sales profit) TDS reporting updates

Compliance

Review the revised ITR-6 form immediately! Ensure accurate filings to avoid penalties. Stay compliant with CBDT’s latest rules.

Action

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