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Income Tax Notification

Updated ITR-6 Form for Company Income Tax Returns

Document
Notification Notification No. 49/2026
Effective
31st day of March, 2026

This page was written by Patron Accounting’s AI from the official release and reviewed before publishing. It explains the document in plain language. It is not the document itself. Where this page and the original differ, the original governs.

In short

Notification No. 49/2026 introduces a revised version of Form ITR-6, which is the official document companies use to report their annual income to the government. This update ensures the tax return form aligns with the latest Income-tax Rules for the 2026-27 assessment year, which is the period used to calculate tax on income earned in the previous year.

What has changed

How it worked before

Until this notification, companies used the previous version of Form ITR-6 to file their annual tax returns. There was no requirement to use the specific updated format introduced by these new rules.

What has changed

The government has replaced the old ITR-6 form with a new version that includes updated fields for reporting company information. You must now use this specific new format when filing your tax return for the 2026-27 assessment year.

Who this affects

This change applies to all companies, such as private or public limited companies, that are required to file an income tax return. It does not apply to organizations that claim a tax exemption under section 11, which covers certain charitable or religious trusts.

What you should do

If you are responsible for filing your company's tax return, you must use the new ITR-6 form for the 2026-27 assessment year. Ensure your accounting software or the government's e-filing portal is updated to reflect this new version before you submit your data.

The original document

Issued byIT
DocumentNotification Notification No. 49/2026
Full titleNotification No. 49/2026
Effective31st day of March, 2026

About Patron Accounting LLP

Patron Accounting LLP is a CA and CS-led accounting and compliance firm that has been working with businesses across India since 2019. We handle the work that keeps a company correct with every department it answers to: day-to-day bookkeeping and accounting, GST registration and returns, income tax filing and assessments, TDS, payroll and PF/ESI, company and LLP incorporation, ROC and MCA compliance, statutory and internal audit, physical stock and inventory audits, trademark and other registrations, and the certificates and reports that banks, buyers and regulators ask for.

Our clients range from a first proprietorship registering for GST to established companies running operations across several states. Much of our work is exactly this: reading what a department has published and telling a business, in plain terms, whether it changes anything for them.

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Does this new ITR-6 form apply to my business?

It applies to you if you run a company, unless your company is registered as a charitable or religious trust claiming an exemption under section 11. If you are a standard private or public limited company, you must use this new form.

What happens if I use the old version of the form?

The tax department's e-filing system will likely reject the old form because it is no longer valid for the 2026-27 assessment year. You should always use the latest version available on the official income tax portal to avoid filing errors.

Do I need to file anything immediately?

No, there is no immediate filing requirement triggered by this notification alone. You simply need to ensure that when you prepare your tax return for the 2026-27 assessment year, you use the updated ITR-6 form.

Where can I find the full text of the new form?

You can view the full details of the updated form in the official notification on the Income Tax Department website. The link to the original document is provided by the regulator.