notification no. 16/2024 f.no. 370142/49/2023 tpl / gsr 64 e income tax first amendment rules 2024

100 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 24th January, 2024 G.S.R. 64(E). In exercise of the powers conferred by section 139 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:- 1. Short title and commencement. (1) These rules may be called the Income-tax (First Amendment) Rules, 2024. (2) They shall come into force with effect from the 1st day of April, 2024. 2. In the Income-tax Rules, 1962, in Appendix-II, for Form ITR-6, the following Form shall be substituted, namely: ITR-6 INDIAN INCOME TAX RETURN [For Companies other than companies claiming exemption under section 11] (Please see rule 12 of the Income-tax Rules,1962) (Please refer instructions) Assessment Year 2 0 2 4 - 2 5 Part A-GEN GENERAL PERSONAL INFORMATION (A1) Name (A2) PAN ame? If yes, please furnish the old name (A4) Corporate Identity Number (CIN) issued by MCA (A8) Flat/Door/Block No (A9) Name of Premises/Building/Village (A5) Date of incorporation (DD/MM/YYYY) (A6) Date of commencement of business (DD/MM/YYYY) / / / / (A10) Road/Street/Post Office (A11) Area/Locality (A7) Type of company (Tick any one) (i) Domestic Company (ii) Foreign Company (A12) Town/City/District (A13) State (A14) Pin code/Zip code If a public company write 6, and if private company write 7 (as defined in section 3 of the Companies Act, 2013) (A15) Country (A16) Office Phone Number with STD code/ Mobile No. 1 (A17) Mobile No. 2 (A18) Email Address-1 Email Address-2 (A19) (ai) Due date for filing return of income [Dropdown to be provided]: 1. 31st October 2. 30th November FILING STATUS (A19) (aii) 1 Filed u/s (Tick)[Please see instruction ] 139(1)- On or before due date, 139(4)- After due date, 139(5)- Revised Return, 92CD-Modified return, 119(2)(b)- after condonation of delay, 170A- After order by the tribunal or court 2 Or filed in response to notice u/s 139(9), 142(1), 148, 153C (b) If revised/ defective/modified, then enter Receipt No and Date of filing original return (DD/MM/YYYY) ___ /___/____ (c) If filed, in response to notice u/s 139(9)/142(1)/148/153C or order u/s 119(2)(b) or order referred to in section 170A , enter Unique Number /Document Identification Number and date of such notice/order, or if filed u/s 92CD enter date of advance pricing agreement / / [ II 3(i)] 101 (d) Residential Status (Tick) Resident Non-Resident (e) Have you opted for taxation under section 115BA/115BAA/115BAB? (drop down to be provided in efiling utility) (applicable on Domestic Company) If yes, please furnish the AY in which said option is exercised for the first time along with date of filing of relevant form (10-IB/ 10-IC/ 10-ID) & acknowledgment number. If no, whether you are choosing to opt for taxation under section 115BA/115BAA/115BAB this year? (drop down to be provided in efiling utility) Please provide the date of filing of relevant form (10-IB/10-IC/10-ID) & acknowledgment number. (f) Whether total turnover/ gross receipts in the previous year 2021-2022 exceeds 400 crore rupees? (Yes/No) (applicable for Domestic Company) (g) Whether assessee is a resident of a country or specified territory with which India has an agreement referred to in sec 90 (1) or Central Government has adopted any agreement under sec 90A(1)? (h) In the case of non-resident, is there a Permanent Establishment (PE) in India (Tick) Yes No (i) In the case of non-resident, is there a Significant Economic Presence (SEP) in India (Tick) Yes No please provide details of (a) aggregate of payments arising from the transaction or transactions during the previous year as referred in Explanation 2A(a) to Section 9(1)(i); (b) number of users in India as referred in Explanation 2A(b) to Section 9(1)(i). (j) Whether assessee is required to seek registration under any law for the time being in force relating to companies? If yes, please provide details. Act under which registration required Date of Registration (DD/MM/YYYY) Registration Number (k) Whether the financial statements of the company are drawn up in compliance to the Indian Accounting Standards specified in Annexure to the companies (Indian Accounting Standards) Rules, 2015 (Tick) Yes No (l) Whether assessee has a unit located in an International Financial Services Centre and derives income solely in convertible foreign exchange? (Tick) Yes No (m) Whether the assessee company is under liquidation (Tick) Yes No (n) Whether you are an FII / FPI? Yes/No If yes, please provide SEBI Regn. No. (o) Whether the company is a producer company as defined in Sec.581A of Companies Act, 1956? Yes No (p) Whether this return is being filed by a representative assessee? (Tick) Yes No If yes, please furnish following information - (1) Name of the representative assessee (2) Capacity of the Representative (drop down to be provided) (3) Address of the representative assessee (4) Permanent Account Number (PAN)/Aadhaar No. of the representative assessee (q) Whether you are recognised as start up by DPIIT Yes No 1 If yes, please provide start up recognition number allotted by the DPIIT 2 Whether certificate from inter-ministerial board for certification is received? Yes No 3 If yes provide the certification number 4 Whether declaration in Form-2 in accordance with para 5 of DPIIT notification dated 19/02/2019 has been filed before filing of the return? Yes No 5 If yes, provide date of filing Form-2 (r) Legal Entity Identifier (LEI) details (mandatory if refund is 50 Crores or more) LEI Number Valid upto date (s) Whether you are recognised as MSME? Yes No If yes, please provide registration number allotted as per the MSMED Act, 2006 AUDIT INFORMATION (a1) Whether liable to maintain accounts as per section 44AA? (Tick) Yes No (a2) Whether assessee is declaring income only under section 44AE/ 44B/ 44BB/ 44BBA/ 44BBB/44D? (Tick) Yes No (a2i) If No, whether during the year total sales/turnover/gross receipts of business is more than 1 Crore Rupees but does not exceed 10 Crore Rupees? (Tick) Yes No, turnover does not exceed 1 crore No , turnover exceeds 10 crores 102 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II SEC. 3(i)] (a2ii) If (a2i) is Yes, whether aggregate of all amounts received, including amount received for sales, turnover or gross receipts or on capital account such as capital contribution, loans etc. during the previous year, in cash & non-a/c payee cheque/DD, does not exceed five per cent of said amount? (Tick) Yes No (a2iii) If (a2i) is Yes, whether aggregate of all payments made including amount incurred for expenditure or on capital account such as asset acquisition, repayment of loan etc., in cash & non-a/c payee cheque/DD, during the previous year does not exceed five per cent of the said payment (Tick) Yes No (b) Whether liable for audit under section 44AB? (Tick) Yes No (Note to Systems: For cases where a2i exceeds INR 10 crores, this should be an automatic Yes)