📄 What Is Income Tax Filing?

Filing an Income Tax Return (ITR) is the process by which taxpayers submit details of their income, deductions, and taxes paid to the Income Tax Department to determine their final tax liability . It must be done annually for the financial year ending 31 March, with the return due by 31 July in most cases.

✅ Who Needs to File?

Resident Individuals whose total income exceeds ₹2.5 lakh (basic exemption).
Business & Professional entities with turnovers exceeding specified limits (e.g., ₹1 crore for business, ₹50 lakh for profession) requiring audit.
HUFs, firms, and companies as per respective income thresholds and audit requirements

🛠️ Our Income Tax Filing Services Include

Form Selection & Advisory: Identifying the correct ITR form (ITR-1 to ITR-7) based on your income sources.
Data Compilation: Gathering salary slips, Form 16, bank & investment statements, capital gains and other income records.
Deductions & Exemptions: Advising and computing Section 80C, 80D, 80G, HRA, LTA and other applicable deductions.
E-Filing & Verification: Preparing the return, e-filing on the Income Tax portal, and assisting with Aadhaar- or OTP-based verification.
Rectifications & Corrections: Filing revised returns in case of errors before the statutory deadline.
Notice Handling: Support for any notices or queries raised by the tax department post-filing.

⚖️ Why Timely Filing Matters

Avoid Penalties: Late filing beyond due date (31 July) attracts fees up to ₹10,000 under Section 234F.
Claim Refunds: TDS excess can be refunded only through return filing.
Loan & Visa Processing: ITR serves as proof of income for banks and embassies.
Carry Forward Losses: Capital and business losses are only carried forward if return is filed on time.

📞 Ready to File Your ITR?

Let our tax experts handle your return from start to finish.
Book a free consultation now and stay compliant without the hassle.