Quick Summary
ITR is the document used to report income, claim deductions, and pay taxes.
Companies file ITR-6 (for companies other than claimimg exemption under section 11). Due date is October 31. Late filing attracts penalties under section 234F (up to ₹10,000).
Key Points
- ITR-6 for companies
- Due: October 31
- Report income and deductions
- Late fee up to ₹10,000
- E-filing mandatory