Companies ITR
Easy and Hassle-Free Company ITR Filing with Classic Partners LLP
At Classic Partners LLP, we make Company Income Tax Return (ITR) filing smooth, accurate, and fully compliant with the Income Tax Act, 1961. For every Company Director, filing income tax returns is not just a formality—it’s a statutory obligation. Our team of expert Chartered Accountants ensures your company’s ITR is filed on time, error-free, and penalty-proof, while also guiding you on tax optimization.
Need help? Contact Classic Partners LLP today for end-to-end company taxation solutions.
What is Company ITR Filing?
An Income Tax Return (ITR) is a mandatory filing where companies report their annual income, expenses, and tax liability. All Private Limited Companies, Public Companies, LLPs, and other registered entities are required to file ITR every year, irrespective of profit or loss.
Companies not claiming exemption under Section 11 (charitable or religious institutions) must file Form ITR-6.
Filing is done electronically, with or without a digital signature, depending on audit applicability.
Why File ITR for Your Company?
- Stay Legally Compliant – Meet Income Tax Act obligations.
- Claim Refunds – On excess TDS or advance tax paid.
- Access Credit Facilities – Banks and NBFCs require ITRs for loans and working capital.
- Carry Forward Losses – Set off current losses against future profits.
- Avoid Penalties – Timely filing prevents interest, fees, and legal notices.
Who Should File ITR-6?
All Companies registered under the Companies Act, except those claiming exemption under Section 11.
Filing is mandatory even if the company has no income, nil profit, or incurred losses.
Disclosures in Company ITR-6
Income from business or profession
Capital gains from asset transfers
Income from house property
Other income – dividends, interest, etc.
Eligible deductions and exemptions
Tax computation & liability
Documents Required for Company ITR Filing
Financial Statements – Profit & Loss Account, Balance Sheet, Audit Reports (if applicable)
Form 26AS – Tax credit statement
Bank Account Details – With IFSC codes
Digital Signature (DSC) – If audit applies
Login Credentials – For the Income Tax Portal (if provided)
📌 Note: No physical documents are submitted to the Income Tax Department. Everything is 100% online.
Process of Company ITR Filing with Classic Partners LLP
Document Collection – Submit financials and tax details securely.
Expert Review – CA reviews accounts and tax positions.
Computation & ITR Preparation – Draft return prepared as per I-T Act.
E-Filing of ITR-6 – Filing on the official portal.
Acknowledgment (ITR-V) – Shared with directors for records.
E-Verification – OTP/DSC verification for return completion.
Computation Sheet – Final tax computation and schedules provided.
Benefits of Filing with Classic Partners LLP
- Full Compliance – Stay aligned with Indian tax laws.
- Refund Claims – Get back excess TDS or advance tax.
- Loan & Credit Support – ITRs strengthen eligibility for funding.
- Loss Carry Forward – Protect future profits with timely filing.
- Avoid Penalties – No late fees, interest, or defaults.
Why Choose Classic Partners LLP?
Experienced Chartered Accountants in corporate taxation
Affordable packages for startups, SMEs, and corporates
Personalized support via phone, WhatsApp, and email
100% online and paperless filing for ease and speed
At Classic Partners LLP, we go beyond compliance. We make Company ITR Filing an opportunity to strengthen your financial planning, optimize taxes, and build credibility with stakeholders.
