CBDT Updates ITR-6 for AY 2025–26 Key Changes Explained
The CBDT has issued a corrigendum to the Income-tax Return Form ITR-6 for AY 2025–26, introducing two notable amendments:
- Sikkim added to Schedule 80-IE, and
- Substitution of Schedule CG (Capital Gains) with a revised version.
Let’s break down what these changes mean for Indian companies filing ITR-6 under the Income-tax Act, 1961.
What is ITR-6 and Who Should File It?
ITR-6 is applicable to companies (other than those claiming exemption under Section 11) that are required to file their return of income electronically under Section 139(1).
This includes:
- Domestic companies
- Foreign companies operating in India
- Listed and unlisted private limited companies
Corrigendum Highlights – ITR-6 (AY 2025–26)
| Change | Details |
|---|---|
| Schedule 80-IE | “Sikkim” inserted in the list of eligible states for deduction under Section 80-IE. |
| Schedule CG | Entirely substituted with a new format, capturing detailed reporting of short-term and long-term capital gains. |
Inclusion of Sikkim in Schedule 80-IE
Section 80-IE provides tax deduction to undertakings set up in certain North Eastern states (like Assam, Manipur, Meghalaya, etc.).
📌 With this corrigendum, Sikkim is now officially included in the eligible states list in the ITR-6 form.
What this means:
- Manufacturing or production units established in Sikkim between 01.04.2007 and 31.03.2017 can claim 100% deduction of profits for 10 consecutive years.
- Affected companies must ensure proper reporting in Schedule 80-IE while filing ITR-6.
Substitution of Schedule CG: What’s New?
The revised Schedule CG (Capital Gains) aims to improve compliance and data accuracy.
Key Additions in New CG Schedule:
- Clear bifurcation between:
- STCG under Section 111A and other STCGs
- LTCG under Section 112A, 112, and others
- Separate disclosure of ISIN-wise details for equity shares and units
- Detailed reporting of foreign asset sales and capital loss carry-forwards
Expert Tip:
“Companies with multiple capital assets and listed equity transactions must cross-verify broker summaries and depository statements to avoid mismatch in CG reporting,” says a senior CA from Efiletax advisory.
Legal Reference
🔹 CBDT Corrigendum Notification to ITR-6 was issued under GSR 338(E) dated 29.04.2025, modified via corrigendum dated 31.05.2025.
🔹 The update follows Notification No. 40/2025, which originally introduced ITR-6 for AY 2025–26 under amended Rule 12 of the Income-tax Rules, 1962.
📄 Official Notification on incometaxindia.gov.in
How Should Companies Prepare?
✅ Recheck location of units – If operating in Sikkim, consider 80-IE eligibility.
✅ Update capital gain workings – Ensure compatibility with the new CG format.
✅ Ensure accuracy – Use digital tools or consult experts to automate CG disclosures and avoid errors.
FAQs
Q1. Is 80-IE still available for new companies in Sikkim?
No. The deduction under 80-IE is only for undertakings set up between 01.04.2007 and 31.03.2017.
Q2. Do the changes apply to ITR-5 or ITR-3?
No. This corrigendum is only applicable to ITR-6 used by companies.
Q3. Where can I access the revised ITR-6 form?
You can download it from the Income Tax e-filing portal.
Summary
CBDT updates ITR-6 for AY 2025–26: Sikkim added to Schedule 80-IE for tax deductions. Schedule CG fully replaced to enhance capital gains reporting by companies.
Need Help Filing ITR-6?
Efiletax can assist your company with accurate, compliant, and timely ITR filing — especially with the new capital gains reporting and deduction claims.