Income Tax Filing

Document Required for Income tax Filing

SALARY

₹999/-*

1. Pan Card

2. Adhar Card
3 Form 16

4. Mobile No & E-mail ID

1. Pan Card

2. Adhar Card

3. Bank Statement

4. if Gst Than Return Copy

5. Investment Details

Turnover upto 1cr

1. Pan Card

2. Adhar Card

3. Bank Statement

4. Share details

5. Investment Details

Business
₹1999/-*

Capital gain

₹9999/-

Income Tax Filing – ITR Online

✅ What are the different types of ITR forms?

1. ITR-1: Salaried individuals

2. ITR-2: Individuals with capital gains, foreign income

3. ITR-3: Professionals, business income

4. ITR-4: Presumptive taxation

5. ITR-5/6/7: Firms, LLPs, Companies, Trusts

✅Process of Filing Income Tax Return Online

1. Collect income and tax-related documents

2. Choose the correct ITR Form (ITR-1, ITR-2, ITR-3, ITR-4, etc.)

3. Calculate total income & deductions under different sections

4. Pay tax dues (if any)

5. File ITR online through the Income Tax Portal or with expert assistance

6. E-verify the return for completion

Income Tax Filing (ITR filing) is the process of reporting your annual income, expenses, deductions, and taxes paid to the Income Tax Department of India. Filing your ITR not only ensures compliance with the law but also helps you claim refunds, carry forward losses, and build a financial record for loans, visas, and investments.

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What are the benefits of filing ITR on time?

• ✔️ Avoid penalties & notices from the IT Department

• ✔️ Claim tax refunds on excess TDS paid

• ✔️ Proof of income for loan approvals & visa processing

• ✔️ Carry forward business or capital losses

• ✔️ Stay compliant & build financial credibility

💼 Why Choose Us for Income tax Filing ?

• Expert support throughout the process

• Hassle-free and 100% online filing

• Affordable and transparent pricing

• Free consultation with experts

• Quick turnaround time

❓ Frequently Asked Questions (FAQs)

1. What is Income Tax Filing?
Income Tax Filing (ITR filing) is the process of submitting your income details to the Income Tax Department to calculate your tax liability or refund.

2. Who is required to file an Income Tax Return?
Every individual, business, company, or partnership whose income exceeds the basic exemption limit is required to file. Even if your income is below the limit, filing ITR is beneficial for loans, visas, and refunds.

3. What are the due dates for filing Income Tax Returns in India?

• Individuals & Salaried (not under audit): 31st July of the assessment year

• Businesses requiring audit: 31st October

• Transfer Pricing cases: 30th November

4. Can I file ITR if my income is below the taxable limit?
Yes. Filing ITR is optional but recommended to claim refunds, carry forward losses, or show proof of income.

7. Is it mandatory to e-file Income Tax Returns?
Yes, for most taxpayers. Manual filing is allowed only for certain senior citizens.

6. Can NRIs file Income Tax Returns in India?
Yes. NRIs must file ITR if they earn income from sources in India (like rent, salary, or investments).

5. What happens if I miss the ITR filing deadline?
You may have to pay late fees (up to ₹5,000), lose refund eligibility, and won’t be able to carry forward losses.