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Whether filling of sh 1 and al 1 in itr 6 is mandatory or not

priyankagupta (article) (361 Points)

01 October 2019

in itr 6 sh 1 and al 1 is mandatory.but before some days a circular is issued. that filling this information is not compulsory.so I am confused whether filling is compulsory or not.

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4 Replies

Narasimha Narsi (81 Points)
Replied 02 October 2019

Put yes if you wish to do otherwise opt NO

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Kapadia Pravin (17259 Points)
Replied 03 October 2019

@ Priyanka
In ITR 6
SH-1 is compulsory ( not applicable to section 8 of Companies Act 2013 )

AL-1 is mandatory (however if no assets/liabilities as specified under the Schedule then not required)

Narasimha Narsi (81 Points)
Replied 03 October 2019

Yes it is compulsory for unlisted companies and shareholding are non resident then put PAN as NNNNNNONN like something which issued by the department in recent clarification

Kapadia Pravin (17259 Points)
Replied 04 October 2019

@ Priyanka
PAN of shareholder should be furnished in Schedule SH-1, if available.

However, in case the shareholder is a non-resident, having no PAN, a default value can be entered in place of PAN such as “NORES9999N”.

Similarly, in case PAN of the shareholder is not available due to any other reason, a default value can be entered in place of PAN such as “NOAVL9999N”