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Renu Suresh

Expert

Published on: Jun 24, 2026

Which Itr Should A Company File?

In India, all companies, irrespective of profit or loss, are expected to file ITR returns. Companies that are dormant and have undertaken no business decisions in a year are still expected to file returns. The applicability of ITR forms varies depending on the taxpayer's income sources, the amount of the income earned, and the category of the taxpayer, like individuals, HUF, companies, etc. In this article, we will examine which ITR a company should file. Get in touch with IndiaFilings to file your Company tax return filing.

Income Tax Return (ITR)

An income Tax Return (ITR) is a form in which the taxpayers file information about their income earned and tax applicable to the income tax department. To date, the department has notified seven forms, i.e., ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6 & ITR-7. Every taxpayer should file his ITR on or before the specified due date.

Which Itr Should A Company File?

The type of ITR (Income Tax Return) a company should file depends on the type of company it is.
  • Form ITR-4 – This ITR can be used to File ITR for those firms other than LLPs, which have a total income of up to ₹50 lakhs, and that income is calculated under Sections 44AD, 44ADA, 44AE
  • Form ITR-5 - This ITR can be used for filing ITR for LLPs and partnerships, not ITR 7.
  • File ITR-6 - Those companies not claiming exemption under Section 11 can use ITR-6 to file an Income tax return.
  • File ITR-7 – This can be used for those companies that are mandated to file returns from Sections 139(4A), 139(4B), 139(4C), and 139(4D) only.

Latest Update on the Pay Later Option for Income Tax Filing

The Income Tax e-filing portal has recently rolled out a 'Pay Later' option, allowing you to complete your tax filing process before making any tax payments. You can pay taxes after you are done filing. For additional information, please refer to our guide – Pay later option for the Income tax return filing.

ITR 4 Form (Sugam) - For firms other than LLPs

ITR-4 return filing is a form for ITR filing which should be used by assessees having a business income. Only assesses who have opted for a presumptive taxation scheme should use Form ITR 4.

Applicability

Form ITR 4 (Sugam) should be filed when the following conditions are satisfied:
  • The assessee falls under either one of the following categories:
  • The assessee is considered an ordinary resident per Section 6(6) of the Income Tax Act.
  • The assessee obtains income under the heading Profits and Gains of Business or Profession as mentioned in Section 28 of the Income Tax Act.
  • The assessee has opted for a presumptive taxation scheme under Sections 44AD, 44ADA or 44AE
  • The assessee's taxable income is calculated in the manner provided in Sections 44AD, 44ADA, or 44AE.
  • The assessee is covered by the requirement to file Form 3CA or 3CB and also Form 3CD as per Rule 6G
ITR Form 4 is attached here for reference:

ITR-5 – for LLPs and partnerships

This tax return form is the ITR-5 return filing for firms, Limited Liability Partnership, Associations of Persons, Body of Individuals, Artificial Juridical Person, Estate of deceased, Estates of insolvent, Business trusts, and investment funds.

ITR-6 - For companies that are not claiming exemption under Section 11

ITR -6 is a form used for filing income tax returns by companies other than companies claiming exemption under section 11 of the Income Tax Act, 1961. ITR-6 applies to the following entities:
  • Companies, including Person Companies (OPCs)
  • Limited Liability Partnerships (LLPs)

ITR-7 – For Companies

ITR-7 (Income Tax Return 7) is a form used for filing income tax returns by persons, including companies, who are required to furnish returns under section 139(4A) or section 139(4B), or section 139(4C), or section 139(4D) of the Income Tax Act, 1961. ITR-7 applies to the following entities:
  • Companies not falling under any other category of ITR forms
  • Firms
  • Trusts

Details required in an ITR form

The details required in an ITR form vary based on the type of ITR form. However, in general, the following information is required:
  • Personal details: Name, permanent account numbers (PAN), address, date of birth, and other personal details.
  • Details of income: Information about the taxpayer's income from salary, business or profession, capital gains, and other sources.
  • Details of deductions and exemptions: Information about deductions claimed under various sections of the Income Tax Act, 1961, and exemptions claimed for investments in specified savings instruments.
  • Details of tax payments: Information about taxes paid, including advance tax, self-assessment tax, and TDS (tax deducted at source).
  • Details of foreign assets and income: If applicable, information about foreign assets and income.
  • Signature and verification: The Formtaxpayer or authorized signatory must sign and verify the form.
It is essential to provide accurate information in the ITR form to avoid penalties and legal consequences for filing false tax returns.
Back to Learn

Frequently Asked Questions

Common questions about ITR Filing for Companies in India: Choose the Right Form.

An Income Tax Return (ITR) is a form where taxpayers provide information about their income and tax liability to the income tax department. It is mandatory for all taxpayers to file their ITR on or before the due date specified by the government.
The main ITR forms applicable for companies are ITR-4 (for firms other than LLPs), ITR-5 (for LLPs and partnerships), ITR-6 (for companies not claiming exemption under Section 11), and ITR-7 (for companies mandated to file under specific sections).
A company should file ITR-4 if it is a firm other than an LLP, has a total income of up to ₹50 lakhs, and its income is calculated under Sections 44AD, 44ADA, or 44AE of the Income Tax Act.
ITR-5 should be filed by Limited Liability Partnerships (LLPs) and other partnership firms. It is specifically designed for partnerships and associations of persons to file their income tax returns.
No, ITR-6 is meant for companies that are not claiming exemption under Section 11 of the Income Tax Act. Companies claiming exemption under Section 11 should file their returns using the appropriate form, such as ITR-7.
ITR-7 should be filed by companies that are mandated to file returns under Sections 139(4A), 139(4B), 139(4C), or 139(4D) of the Income Tax Act. This form is primarily for companies, firms, and trusts that do not fall under any other category of ITR forms.
In an ITR form, companies are typically required to provide personal details such as the company's name, Permanent Account Number (PAN), address, and other relevant information about the company's registration and incorporation.
Yes, if a company has foreign assets or income, it is required to provide details of the same in the relevant ITR form. This information is essential for the income tax department to assess the company's total income and tax liability accurately.
Yes, according to the article, all companies, irrespective of whether they have made profits or losses, are expected to file ITR returns. Even dormant companies that have not undertaken any business activities in a year are still required to file their income tax returns.
The income tax e-filing portal recently introduced a 'Pay Later' option, which allows taxpayers to complete their tax filing process before making any tax payments. This option enables taxpayers to file their returns first and make the tax payment at a later date.