Minimum Alternate Tax under Section 115JB — 15% of book profit. Applies when normal tax is less than MAT. Excess paid as MAT becomes MAT credit usable in future years.

Do startups have ITR concessions?

Recognized startups under DPIIT can claim Section 80-IAC — 100% profit deduction for any 3 consecutive years out of first 10. Eligibility and CBDT certification needed.

What is the corporate tax rate?

Domestic companies: 22% (Section 115BAA — without specific deductions) or 30% with deductions. Manufacturing companies (Section 115BAB): 15%. Plus surcharge and cess.

Is e-verification mandatory?

Yes — corporate ITRs must be verified within 30 days of filing, typically via DSC. Without verification, return is treated as not filed.

ITR for Companies

Income Tax Return filing for companies — ITR-6, MAT computation, transfer pricing certification, audit reports and assessment / appeal representation.

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Overview

Understanding ITR for Companies

ITR Filing for Companies is the process of reporting a company's income, expenses, profits, losses, deductions, tax liabilities, and other financial information to the Income Tax Department. It is a mandatory statutory requirement under the Income Tax Act, 1961 — every company registered in India, whether actively conducting business or not, is generally required to file its return within the prescribed due dates. Whether a company has earned profits, incurred losses, or remained inactive during the financial year, filing an ITR is an important compliance obligation that provides a detailed record of the company's financial activities and tax position.

Why Legal Door

Built for Outcomes, Trusted Pan-India

Specialist lawyers, transparent pricing and end-to-end execution from first call to final order.

CA + Tax Counsel Team

Both compliance filing and complex litigation handled in-house.

MAT & AMT Computation

Minimum Alternate Tax / AMT computation with carry-forward MAT credit tracking.

Transfer Pricing Integrated

Form 3CEB, TP study and ITR aligned for related-party-rich entities.

Scrutiny / Appeal Defence

CPC notices, Section 143(2) scrutiny, CIT(A), ITAT appeals.

What We Cover

Key Highlights

Statutory Compliance

Avoidance of Penalties

Carry Forward of Business Losses

Enhances Business Credibility

Facilitates Loan and Credit Approvals

Supports Fundraising and Investments

Acts as Financial Proof

Reduces Regulatory Risks

Improves Corporate Governance

Supports Long-Term Business Growth

Our Process

How We Help You

A straightforward, transparent path from first call to resolution.

1Audit Coordination

Coordinate with statutory auditor for Form 3CD, Form 3CA / 3CB sign-off.

2Computation

Profit computation, MAT computation, deduction analysis.

3Filing

Upload ITR-6 with audit reports on income-tax portal by 31 October.

4Verification

DSC-based e-verification; track acknowledgment.

5Post-Filing

Address CPC intimations; handle scrutiny / assessment if selected.

Legal Framework

Applicable Laws & Regulations

Key statutes, rules and judicial precedents that govern this service.

Income-tax Act, 1961 — Section 139

Corporate ITR filing obligation.

Section 115JB

Minimum Alternate Tax — 15% of book profit.

Section 92-92F

Transfer pricing for international and specified domestic transactions.

Section 44AB

Tax Audit threshold — turnover > ₹1 crore (₹10 crore for digital).

Avoid These Mistakes

Common Pitfalls

Costly errors we routinely help clients fix — or better, avoid altogether.

Late Filing

Late corporate ITR attracts ₹5,000 fee + loss-carry-forward denial; severe for loss-making startups.

Missing TP Study

Section 92D requires TP documentation maintained even before ITR filing.

MAT Credit Lapse

MAT credit (Section 115JAA) is carry-forward for 15 years; un-utilized credits lapse beyond.

GAAR Triggers

Aggressive tax structures may invite GAAR (Section 95-102) scrutiny.

FAQs

Common Questions

Everything you need to know before you begin

31 October of the assessment year (for tax-audit cases). Companies without audit obligation: 31 July (rare for active companies).

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