Quick Summary
Tax Returns report income, deductions, and tax liability to the government.
Companies must file ITR-6 for income tax. Due date is October 31 (November 30 for transfer pricing cases). GST returns include GSTR-1 (monthly/quarterly) and GSTR-3B (monthly). Late filing attracts penalties.
Key Points
- ITR-6 for companies
- Due: October 31
- GSTR-1 and GSTR-3B for GST
- Late fees applicable
- Mandatory even with losses