{"id":359,"date":"2022-08-24T15:21:44","date_gmt":"2022-08-24T09:51:44","guid":{"rendered":"https:\/\/filemydoc.com\/blog\/?p=359"},"modified":"2023-02-16T12:46:00","modified_gmt":"2023-02-16T07:16:00","slug":"which-itr-is-applicable-for-section-8-company","status":"publish","type":"post","link":"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/","title":{"rendered":"Which ITR Is Applicable for Section 8 Company?"},"content":{"rendered":"\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<figure class=\"wp-block-image size-large\"><span class=\"placeholder-el\" data-svq-align=\"\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/which-itr-i-applicable-for-section-8-company-1.png?fit=45%2C24&amp;ssl=1\" alt class=\"wp-image-366 lazy\" data-srcset=\"https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/which-itr-i-applicable-for-section-8-company-1.png?resize=1024%2C536&amp;ssl=1 1024w, https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/which-itr-i-applicable-for-section-8-company-1.png?resize=300%2C157&amp;ssl=1 300w, https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/which-itr-i-applicable-for-section-8-company-1.png?resize=768%2C402&amp;ssl=1 768w, https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/which-itr-i-applicable-for-section-8-company-1.png?resize=45%2C24&amp;ssl=1 45w, https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/which-itr-i-applicable-for-section-8-company-1.png?w=1200&amp;ssl=1 1200w\" data-sizes=\"auto, (min-width: 960px) 75vw, 100vw\" data-width=\"1024\" data-height=\"536\" data-src=\"https:\/\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/which-itr-i-applicable-for-section-8-company-1-1024x536.png\" style=\"height: 0; width: 1024px; padding-bottom: 52.34%;\"><span class=\"svq-img-loader\"><\/span><\/span><noscript><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/which-itr-i-applicable-for-section-8-company-1.png?resize=1024%2C536&#038;ssl=1\" alt=\"\" class=\"wp-image-366\" srcset=\"https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/which-itr-i-applicable-for-section-8-company-1.png?resize=1024%2C536&amp;ssl=1 1024w, https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/which-itr-i-applicable-for-section-8-company-1.png?resize=300%2C157&amp;ssl=1 300w, https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/which-itr-i-applicable-for-section-8-company-1.png?resize=768%2C402&amp;ssl=1 768w, https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/which-itr-i-applicable-for-section-8-company-1.png?resize=45%2C24&amp;ssl=1 45w, https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/which-itr-i-applicable-for-section-8-company-1.png?w=1200&amp;ssl=1 1200w\" sizes=\"auto, (min-width: 960px) 75vw, 100vw\" data-recalc-dims=\"1\" \/><\/noscript><\/figure>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow\">\n<p>A Section 8 Company is basically a company formed under the plan of the 2013 Companies Act with the purpose of promoting science, art, research, religion, commerce, environmental protection, charity, education, sports, or any other object, with the condition that the gains be used to advance the objective.&nbsp;<\/p>\n\n\n\n<p>As a result, in this article, we will look at which ITR is applicable for Section 8 Company. Also, we will take a look at the benefits and exemptions of a company incorporated as a non-profit organisation under the 2013 Companies Act (Section 8), as well as the provisions of the Stamp Act, Income Tax, and others.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>ITR Forms Applicable for Section 8 Company<\/strong><\/h2>\n\n\n\n<p>&nbsp;The ITR-7 Form is used by businesses and individuals who are obliged to file an income tax return under:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Section 139.4A<\/li>\n\n\n\n<li>Section 139.4B<\/li>\n\n\n\n<li>Section 139.4C<\/li>\n\n\n\n<li>Section 139.4D<\/li>\n\n\n\n<li>Section 139.4E<\/li>\n\n\n\n<li>Section 139.4F<\/li>\n<\/ul>\n\n\n\n<p>As a result, the ITR-7 form must be submitted by Section 8 Companies and other forms of non-profit businesses.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Filing an ITR-7 Form: Eligibility Criteria<\/strong><\/h2>\n\n\n\n<p>Listed below are the eligibility criteria for filing an ITR-7 Form:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Every individual who receives income from property adhered to under any legal obligation entirely or partially for religious or charitable purposes is obligated to file an income tax return under Section 139.4A.<\/li>\n\n\n\n<li>An&nbsp;<a href=\"https:\/\/vakilsearch.com\/income-tax-return-filing-online\">income tax return<\/a>&nbsp;under Section 139.4B must be filed by a political party only if the total income before applying the requirements of Section 139A goes above the maximum amount not subject to income tax.<\/li>\n\n\n\n<li>An income tax return under Section 139.4C is needed to be filed by: <\/li>\n\n\n\n<li>News agency<\/li>\n\n\n\n<li>Scientific research association<\/li>\n\n\n\n<li>Institution or association referred to in Section 10.23B<\/li>\n\n\n\n<li>Institution or university or fund or any other educational institution<\/li>\n\n\n\n<li>Hospitals or medical institutions<\/li>\n\n\n\n<li>Every educational institution (college, university) that is not obliged to provide a report of revenue or loss under other plans of this particular section is required to make an income tax return under Section 139.4D.<\/li>\n\n\n\n<li>All businesses\u2019 trusts that are not obliged to provide a loss or income return under any other plan of this particular section should make an income tax return under Section 139.4E.<\/li>\n\n\n\n<li>Any investment fund stated in Section 115UB shall file an income tax return under Section 139.4F. Under any other plan of this particular section, it\u2019s not obliged to provide a loss or income return.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>General Benefits Associated with Section 8 Company Incorporation<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The goal or mission of the organisation can perform a wide variety of operations and obtain integrity and faithfulness by founding a Section-8 Company since it is an authorised institution by the Central Government.&nbsp;<\/li>\n\n\n\n<li>In comparison to societies, it has a more dependable image in front of internal and external users of information due to its tight operational compliances.&nbsp;<\/li>\n\n\n\n<li>Section 8 Company has more credibility than societies and other forms of charity organisations.&nbsp;<\/li>\n\n\n\n<li>In contrast to Trusts or Societies, Section-8 Companies get significant subsidies and grants from the government and other entities.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Reliefs and Exemptions for Section 8 Companies under Diverse Rules, Regulations, and Acts:<\/strong><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Companies Act of 2013:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Directorships in Section 8 Companies shall not be considered for computing the maximum number of directorships stipulated in Section 165 of the Companies Act.<\/li>\n\n\n\n<li>A general meeting might be convened by giving 14 days\u2019 notice rather than 21 days.&nbsp;<\/li>\n\n\n\n<li>Instead of four meetings each year, a Section 8 Company may convene a minimum of one meeting every six months.<\/li>\n\n\n\n<li>Minute recordings of Board Meeting, General Meeting, and other resolutions are not required for a Section 8 Company. Nevertheless, the time of meetings is recorded no more than 30 days after the meeting\u2019s end if the Company\u2019s articles offer confirmation by the dissemination of minutes.<\/li>\n\n\n\n<li>An enterprise may also be a part of a Section 8 Company.<\/li>\n\n\n\n<li>Section 149.1 of the Companies Act does not apply to Section 8 Companies; hence they are not required to nominate an Independent Director. Furthermore, for the reasons stated above, a Section 8 Company\u2019s Audit Committee is not required to include Independent Directors on its Board.<\/li>\n\n\n\n<li>Section 8 entities aren\u2019t needed to designate a certified corporate secretary.<\/li>\n\n\n\n<li>It\u2019s also free from the application of secretarial standards.<\/li>\n\n\n\n<li>Section 178 of the Companies Act does not apply to Section 8 Company. As a result, Section 8 Companies are exempt from having a Remuneration Committee and Nominee or a Stakeholders Relationship Committed.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Income Tax Act of 1961:<\/strong><\/h3>\n\n\n\n<p>Section 8 Company is exempted from certain income tax requirements if a company\u2019s major operation has \u201ccharitable reasons\u201d, as defined in Section 2.15 of the 1961 Income Tax Act. They also qualify for a variety of additional tax breaks and deductions under the 1961 Income Tax Act (Section 80G).<\/p>\n\n\n\n<p>The following is a list of exemptions or reliefs that each Section 8 Company can obtain:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Section 8 entities must pay considerably lower stamp duty than other companies. According to the 1961 Income Tax Act, Section 8 Company contributors are entitled to a 50 percent tax benefit for their contributions.<\/li>\n\n\n\n<li>It\u2019s valid for one to three years, as stated in Section 80G. Suppose a Section 8 entity is registered under the Income Tax Act (Section 12AA); in that case, profits are entirely exempt, and no taxes are charged to the company.&nbsp;<\/li>\n\n\n\n<li>Each year, the Central Government introduces various regulations to provide for more advantageous tax exemption circumstances for non-profit organisations.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Regulation Act and Foreign Contribution:<\/strong><\/h3>\n\n\n\n<p>To obtain funding from overseas sources, a Section 8 Company must register with the Foreign Contribution Regulation Act. Furthermore, registration under the Foreign Contribution Regulation Act is necessary when it comes to claiming the Act\u2019s benefits and reliefs.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Indian Stamp Act of 1899:<\/strong><\/h3>\n\n\n\n<p>The stamp duty on MOA (Memorandum of Association and AOA (Articles of Association) of Section 8&nbsp;Company&nbsp;or any increase in overall share capital is controlled by the 1899 Indian Stamp Act, as implemented by each state or the stamp act of a separate state, as applicable. Most states, including Maharashtra and New Delhi, offer preferential prices for stamp duty on AOA\/MOA of Section 8 entities or increases in authorised share capital.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Other State Government\/Central Government Plans for Section 8 Companies<\/strong><\/h2>\n\n\n\n<p>The state and central government have programmes in place to promote and establish Section 8 entities for rural products and charity reasons. With the assistance of experts and professionals, the central government intends to establish a Section 8 firm to promote chosen rural products and an enterprise-class value chain for them.&nbsp;<\/p>\n\n\n\n<p>These are often the products of village organisations, female-led self-help groups, farmer-producers, etc. The government offers several exemptions and reliefs to companies under these schemes or programmes.<\/p>\n\n\n\n<p><\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Section 8 Company is basically a company formed under the plan of the 2013 Companies Act with the purpose of promoting science, art, research, religion, commerce, environmental protection, charity, education, sports, or any other object, with the condition that the gains be used to advance the objective.&nbsp; As a result, in this article, we [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"stax_show_title_section":"","stax_single_post_media_panel_height":"","stax_single_post_media_panel_text":"","stax_single_post_cateory_breadcrumb":"","stax_single_post_title_position":"","stax_single_post_title_align":"","stax_single_post_title_extra_align":"","stax_single_post_title_size":"","stax_single_post_image_width":"","stax_single_post_image_format":"","stax_single_post_audio_panel":"","stax_single_post_video_panel":"","stax_single_post_video_width":"","stax_single_post_gallery_panel":"","stax_single_post_gallery_width":"","stax_single_post_gallery_slides":"","stax_single_post_meta_author_avatar":"","stax_single_post_meta_author_name":"","stax_single_post_meta_post_date":"","stax_single_post_meta_reading_time":"","stax_single_post_shapes":"","footnotes":""},"categories":[1,13,15],"tags":[],"class_list":["post-359","post","type-post","status-publish","format-standard","hentry","category-featured","category-startup","category-startup-knowledge"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.6 (Yoast SEO v20.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Which ITR Is Applicable for Section 8 Company? - Filemydoc.com<\/title>\n<meta name=\"description\" content=\"Which ITR Is Applicable for Section 8 Company? A Section 8 Company is basically a company formed under the plan of the 2013 Companies\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Which ITR Is Applicable for Section 8 Company?\" \/>\n<meta property=\"og:description\" content=\"Which ITR Is Applicable for Section 8 Company? A Section 8 Company is basically a company formed under the plan of the 2013 Companies\" \/>\n<meta property=\"og:url\" content=\"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/\" \/>\n<meta property=\"og:site_name\" content=\"Filemydoc.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/filemydoc\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-24T09:51:44+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-02-16T07:16:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/which-itr-i-applicable-for-section-8-company-1-1024x536.png\" \/>\n<meta name=\"author\" content=\"Gulshan Kumar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@filemydoc\" \/>\n<meta name=\"twitter:site\" content=\"@filemydoc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gulshan Kumar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/\"},\"author\":{\"name\":\"Gulshan Kumar\",\"@id\":\"https:\/\/filemydoc.com\/blog\/#\/schema\/person\/392d40fbbe03801fbad58f162997d4ce\"},\"headline\":\"Which ITR Is Applicable for Section 8 Company?\",\"datePublished\":\"2022-08-24T09:51:44+00:00\",\"dateModified\":\"2023-02-16T07:16:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/\"},\"wordCount\":1074,\"publisher\":{\"@id\":\"https:\/\/filemydoc.com\/blog\/#organization\"},\"articleSection\":[\"Featured\",\"Startup\",\"Startup Knowledge\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/\",\"url\":\"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/\",\"name\":\"Which ITR Is Applicable for Section 8 Company? - Filemydoc.com\",\"isPartOf\":{\"@id\":\"https:\/\/filemydoc.com\/blog\/#website\"},\"datePublished\":\"2022-08-24T09:51:44+00:00\",\"dateModified\":\"2023-02-16T07:16:00+00:00\",\"description\":\"Which ITR Is Applicable for Section 8 Company? A Section 8 Company is basically a company formed under the plan of the 2013 Companies\",\"breadcrumb\":{\"@id\":\"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/filemydoc.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Which ITR Is Applicable for Section 8 Company?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/filemydoc.com\/blog\/#website\",\"url\":\"https:\/\/filemydoc.com\/blog\/\",\"name\":\"Filemydoc.com\",\"description\":\"Turning ON Your Business\",\"publisher\":{\"@id\":\"https:\/\/filemydoc.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/filemydoc.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/filemydoc.com\/blog\/#organization\",\"name\":\"Filemydoc.com\",\"url\":\"https:\/\/filemydoc.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/filemydoc.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/03\/fmd-black.png?fit=6000%2C2400&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/03\/fmd-black.png?fit=6000%2C2400&ssl=1\",\"width\":6000,\"height\":2400,\"caption\":\"Filemydoc.com\"},\"image\":{\"@id\":\"https:\/\/filemydoc.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/facebook.com\/filemydoc\/\",\"https:\/\/twitter.com\/filemydoc\",\"https:\/\/linkedin.com\/company\/filemydoc\/\",\"https:\/\/instagram.com\/filemydoc\/\",\"https:\/\/pinterest.com\/filemydoc\/\",\"https:\/\/youtube.com\/@filemydoc\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/filemydoc.com\/blog\/#\/schema\/person\/392d40fbbe03801fbad58f162997d4ce\",\"name\":\"Gulshan Kumar\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/filemydoc.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/Gulshan-e1661327697943.jpg\",\"contentUrl\":\"https:\/\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/Gulshan-e1661327697943.jpg\",\"caption\":\"Gulshan Kumar\"},\"sameAs\":[\"https:\/\/filemydoc.com\"],\"url\":\"https:\/\/filemydoc.com\/blog\/author\/gulshan\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Which ITR Is Applicable for Section 8 Company? - Filemydoc.com","description":"Which ITR Is Applicable for Section 8 Company? A Section 8 Company is basically a company formed under the plan of the 2013 Companies","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:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/","og_locale":"en_US","og_type":"article","og_title":"Which ITR Is Applicable for Section 8 Company?","og_description":"Which ITR Is Applicable for Section 8 Company? A Section 8 Company is basically a company formed under the plan of the 2013 Companies","og_url":"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/","og_site_name":"Filemydoc.com","article_publisher":"https:\/\/facebook.com\/filemydoc\/","article_published_time":"2022-08-24T09:51:44+00:00","article_modified_time":"2023-02-16T07:16:00+00:00","og_image":[{"url":"https:\/\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/which-itr-i-applicable-for-section-8-company-1-1024x536.png"}],"author":"Gulshan Kumar","twitter_card":"summary_large_image","twitter_creator":"@filemydoc","twitter_site":"@filemydoc","twitter_misc":{"Written by":"Gulshan Kumar","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/#article","isPartOf":{"@id":"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/"},"author":{"name":"Gulshan Kumar","@id":"https:\/\/filemydoc.com\/blog\/#\/schema\/person\/392d40fbbe03801fbad58f162997d4ce"},"headline":"Which ITR Is Applicable for Section 8 Company?","datePublished":"2022-08-24T09:51:44+00:00","dateModified":"2023-02-16T07:16:00+00:00","mainEntityOfPage":{"@id":"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/"},"wordCount":1074,"publisher":{"@id":"https:\/\/filemydoc.com\/blog\/#organization"},"articleSection":["Featured","Startup","Startup Knowledge"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/","url":"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/","name":"Which ITR Is Applicable for Section 8 Company? - Filemydoc.com","isPartOf":{"@id":"https:\/\/filemydoc.com\/blog\/#website"},"datePublished":"2022-08-24T09:51:44+00:00","dateModified":"2023-02-16T07:16:00+00:00","description":"Which ITR Is Applicable for Section 8 Company? A Section 8 Company is basically a company formed under the plan of the 2013 Companies","breadcrumb":{"@id":"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/filemydoc.com\/blog\/startup\/which-itr-is-applicable-for-section-8-company\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/filemydoc.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Which ITR Is Applicable for Section 8 Company?"}]},{"@type":"WebSite","@id":"https:\/\/filemydoc.com\/blog\/#website","url":"https:\/\/filemydoc.com\/blog\/","name":"Filemydoc.com","description":"Turning ON Your Business","publisher":{"@id":"https:\/\/filemydoc.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/filemydoc.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/filemydoc.com\/blog\/#organization","name":"Filemydoc.com","url":"https:\/\/filemydoc.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/filemydoc.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/03\/fmd-black.png?fit=6000%2C2400&ssl=1","contentUrl":"https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/03\/fmd-black.png?fit=6000%2C2400&ssl=1","width":6000,"height":2400,"caption":"Filemydoc.com"},"image":{"@id":"https:\/\/filemydoc.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/facebook.com\/filemydoc\/","https:\/\/twitter.com\/filemydoc","https:\/\/linkedin.com\/company\/filemydoc\/","https:\/\/instagram.com\/filemydoc\/","https:\/\/pinterest.com\/filemydoc\/","https:\/\/youtube.com\/@filemydoc\/"]},{"@type":"Person","@id":"https:\/\/filemydoc.com\/blog\/#\/schema\/person\/392d40fbbe03801fbad58f162997d4ce","name":"Gulshan Kumar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/filemydoc.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/Gulshan-e1661327697943.jpg","contentUrl":"https:\/\/filemydoc.com\/blog\/wp-content\/uploads\/2022\/08\/Gulshan-e1661327697943.jpg","caption":"Gulshan Kumar"},"sameAs":["https:\/\/filemydoc.com"],"url":"https:\/\/filemydoc.com\/blog\/author\/gulshan\/"}]}},"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":885,"url":"https:\/\/filemydoc.com\/blog\/featured\/exploring-the-key-features-of-a-section-8-company\/","url_meta":{"origin":359,"position":0},"title":"Exploring the Key Features of a Section 8 Company","date":"April 3, 2024","format":false,"excerpt":"A Section 8 Company, also known as a not-for-profit organization (NPO) or a non-governmental organization (NGO), is formed with the primary objective of promoting charitable activities or social welfare. Understanding the features of a Section 8 Company is essential for those interested in establishing such entities. Let's delve into the\u2026","rel":"","context":"In &quot;Featured&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2024\/04\/Features-of-a-Section-8-Company.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":1271,"url":"https:\/\/filemydoc.com\/blog\/featured\/understanding-itr-5-form\/","url_meta":{"origin":359,"position":1},"title":"Understanding ITR-5 Form","date":"July 22, 2024","format":false,"excerpt":"Understanding ITR-5 Form: A Comprehensive Guide for Taxpayers The ITR-5 form is a crucial document for taxpayers in India, particularly for businesses and entities that are not individuals or HUFs (Hindu Undivided Families). This article delves into the essentials of the ITR-5 form, including eligibility, filing procedures, and key considerations\u2026","rel":"","context":"In &quot;Featured&quot;","img":{"alt_text":"Understanding ITR-5 Form","src":"https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2024\/07\/Understanding-ITR.png?fit=1200%2C620&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1252,"url":"https:\/\/filemydoc.com\/blog\/income-tax\/income-tax-return-filing\/","url_meta":{"origin":359,"position":2},"title":"Income Tax Return Filing","date":"July 16, 2024","format":false,"excerpt":"Income Tax Return Filing: Deadlines, Penalties, and Key Considerations Filing income tax returns (ITR) on time is crucial for every taxpayer. Missing the deadline can lead to various consequences, including penalties and interest charges. Here, we will cover the essential aspects of ITR filing, the deadlines, penalties for delays, and\u2026","rel":"","context":"In &quot;Income Tax&quot;","img":{"alt_text":"Income Tax Return Filing","src":"https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2024\/07\/Income-Tax-Return-Filing.png?fit=1200%2C620&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":859,"url":"https:\/\/filemydoc.com\/blog\/startup\/farmer-producer-company-in-india\/","url_meta":{"origin":359,"position":3},"title":"Farmer Producer Company in India","date":"June 6, 2023","format":false,"excerpt":"Farmer Producer Company in India Under Companies Act, 2013 Introduction: The establishment of Farmer Producer Companies (FPCs) in India under the Companies Act, 2013 has provided a significant impetus to the agricultural sector. FPCs are unique cooperative organizations that empower farmers by enabling collective decision-making and enhancing their bargaining power.\u2026","rel":"","context":"In &quot;Startup&quot;","img":{"alt_text":"Farmer Producer Company in India","src":"https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2023\/06\/Farmer-Producer-Company-in-India.png?fit=1200%2C620&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":691,"url":"https:\/\/filemydoc.com\/blog\/income-tax\/deadlines-for-filing-itr-for-fy-2023-24\/","url_meta":{"origin":359,"position":4},"title":"Deadlines for Filing ITR for FY 2023-24","date":"April 21, 2023","format":false,"excerpt":"Mark Your Calendars: Important Dates and Deadlines for Filing ITR for FY 2022-23 (AY 2023-24) ITR or Income Tax Return is a form that taxpayers in India need to fill and submit to the Income Tax Department every year, declaring their income and taxes paid during the financial year. The\u2026","rel":"","context":"In &quot;Case Studies&quot;","img":{"alt_text":"Deadlines for Filing ITR for FY 2023-24","src":"https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2023\/04\/Deadlines-for-Filing-ITR-for-FY-2023-24.png?fit=1200%2C620&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1371,"url":"https:\/\/filemydoc.com\/blog\/featured\/understanding-capital-gains-income\/","url_meta":{"origin":359,"position":5},"title":"Understanding Capital Gains Income","date":"August 20, 2024","format":false,"excerpt":"Understanding Capital Gains Income: What You Need to Know Capital gains income is a crucial aspect of personal finance that everyone should understand, especially when dealing with investments like real estate, stocks, and mutual funds. Capital gains refer to the profit you earn when you sell an asset for more\u2026","rel":"","context":"In &quot;Featured&quot;","img":{"alt_text":"Understanding Capital Gains Income","src":"https:\/\/i0.wp.com\/filemydoc.com\/blog\/wp-content\/uploads\/2024\/08\/Understanding-Capital-Gains-Income.png?fit=1200%2C620&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/filemydoc.com\/blog\/wp-json\/wp\/v2\/posts\/359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/filemydoc.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/filemydoc.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/filemydoc.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/filemydoc.com\/blog\/wp-json\/wp\/v2\/comments?post=359"}],"version-history":[{"count":6,"href":"https:\/\/filemydoc.com\/blog\/wp-json\/wp\/v2\/posts\/359\/revisions"}],"predecessor-version":[{"id":549,"href":"https:\/\/filemydoc.com\/blog\/wp-json\/wp\/v2\/posts\/359\/revisions\/549"}],"wp:attachment":[{"href":"https:\/\/filemydoc.com\/blog\/wp-json\/wp\/v2\/media?parent=359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/filemydoc.com\/blog\/wp-json\/wp\/v2\/categories?post=359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/filemydoc.com\/blog\/wp-json\/wp\/v2\/tags?post=359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}