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Central regulation

Income Tax Return Filing

Every business entity must file an income tax return annually — ITR-3 for proprietors/partners, ITR-4 for presumptive, ITR-5 for LLPs/firms, ITR-6 for companies. Due dates depend on audit applicability.

Check this for your businessThe Compliance module

Information, not legal advice. Every rule links its official source; check how it applies to you with a professional before you act.

Definition

Every business entity must file an income tax return annually — ITR-3 for proprietors/partners, ITR-4 for presumptive, ITR-5 for LLPs/firms, ITR-6 for companies. Due dates depend on audit applicability.

What it means in practice

Income Tax Return Filing is administered by Income Tax Department / CBDT. The obligation is grounded in Income-tax Act, 1961 — Section 139 (Section 139(1)).

Audit cases (tax audit, transfer pricing) get extended deadlines (31 Oct, 30 Nov). Companies and LLPs must file even with nil income.

Triggers (applicability conditions)

Compliance radar in LuckPanda checks these conditions against a business profile to decide whether this rule applies.

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Deadlines and penalty

Cadence
Every year · Annual renewal
Next due
Later Next due 31 Jul 2027 (in 293 days)
Penalty for default
Late filing fee: Rs 5,000 if filed after due date but by 31 Dec; Rs 10,000 if later. Interest u/s 234A; carry-forward of losses denied if return is belated.

The next date is worked out from today (India time) and the rule's statutory schedule; extensions notified by the government are not reflected.

Citations

Income Tax Return Filing by state