More
    HomeHomeITR-6 excel utility now live: Who is eligible to file?

    ITR-6 excel utility now live: Who is eligible to file?

    Published on

    spot_img


    The Excel utility for ITR Form 6 has now been released for AY 2025-26, enabling companies to file their income tax returns for FY 2024-25.

    The Income Tax Department wrote on X, “Kind Attention Taxpayers! Excel Utility of ITR-6 for AY 2025-26 is now live and available for filing.”

    WHO NEEDS TO FILE ITR-6?

    ITR-6 is the return form used by companies that do not claim exemption under Section 11 of the Income Tax Act, which is meant for entities with income from property held for charitable or religious purposes.

    Corporate taxpayers can now prepare and file their income tax returns using the updated utility available on the e-filing portal.

    Earlier this year, the government had already notified all ITR forms for AY 2025-26. The utilities for ITR-1 and ITR-4 were released in May and June, followed by ITR-2 and ITR-3 in July. The excel utility for ITR-5 was launched on August 8, and now ITR-6 has been added to the list.

    The tax department has also made it possible for taxpayers to file updated returns (ITR-U) for Assessment Years 2021-22 and 2022-23 in ITR-3 and ITR-4.

    INCREASED BURDEN ON EXPERTS

    The staggered rollout of utilities has added to the workload of chartered accountants and experts, who already face several deadlines.

    Many professionals feel that the delay will result in a rush to file returns, increasing the likelihood of errors. Incomplete or incorrect filings often draw queries from tax officials and may lead to penalties.

    TECHNICAL ISSUES STILL REMAIN

    Although utilities are being released in phases, technical glitches are still troubling users. Some corporate taxpayers using ITR-2 have reported problems with the Annual Information Statement (AIS) and the Tax Information Summary (TIS).

    Professionals say these issues should be resolved quickly, as last-minute adjustments could make the filing process even more difficult.

    Taxpayers are advised to keep checking the e-filing portal for updates and ensure that they use the latest version of the utility while preparing their return.

    – Ends

    Published On:

    Aug 18, 2025



    Source link

    Latest articles

    Mahavatar Parasuram to go on floors in November, confirms director Ashwin Kumar

    Filmmaker Ashwin Kumar, who recently tasted box office success with 'Mahavatar Narsimha', is...

    More like this

    Mahavatar Parasuram to go on floors in November, confirms director Ashwin Kumar

    Filmmaker Ashwin Kumar, who recently tasted box office success with 'Mahavatar Narsimha', is...