ITR Filing
Comprehensive computation and filing of annual income tax returns for individuals, professionals, LLPs, and companies. We maximize your legal deductions, ensure AIS/TIS matching to prevent notices, and file accurately under the most beneficial tax regime.
Key benefits
- Notice Prevention: We strictly reconcile your income with the Annual Information Statement (AIS) and Form 26AS before filing.
- Optimal Tax Regime: We mathematically model your tax liability under both the Old and New Regimes to guarantee the lowest tax outgo.
- Loss Carry-Forward: Timely filing ensures you can legally carry forward business or capital losses for up to 8 years to offset future profits.
- Visa & Loan Approvals: ITRs are the universally accepted proof of income required by banks for home/business loans and embassies for foreign travel.
- Refund Processing: Accurate claiming of excess TDS deducted leads to faster processing of tax refunds by the CPC.
Documents required
- PAN and Aadhaar Card.
- Form 16 (for salaried individuals) / Form 16A (for professionals).
- Bank Statements for the financial year.
- Capital Gains statements from brokers (Zerodha, Groww, Upstox).
- Investment proofs for Chapter VI-A deductions (LIC, PPF, ELSS, Medical Insurance).
- Home loan interest certificates.
How it works
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1
Data Collection
You upload your documents to our secure portal. We fetch your Form 26AS, AIS, and TIS from the Income Tax portal.
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2
Computation
Our CAs classify your income under Salary, House Property, Business/Profession, Capital Gains, and Other Sources.
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3
Review
We share a detailed draft computation indicating tax payable or refund due, along with our regime recommendation.
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4
Filing & E-verification
Submission of the appropriate ITR form (ITR-1 to ITR-6) and instant e-verification via Aadhaar OTP.
Frequently asked questions
Which ITR form applies to me?
ITR-1/2 for salaried and capital gains. ITR-3 for business/profession. ITR-4 for presumptive taxation (Sec 44AD/ADA). ITR-5 for LLPs/Partnerships. ITR-6 for Companies.
What is Presumptive Taxation?
Under Sec 44AD (businesses) and 44ADA (professionals), you don't need to maintain detailed books. You declare a flat 6% or 8% (business) or 50% (professionals) of your turnover as profit and pay tax on that.
Can I revise my return if I made a mistake?
Yes. Under Section 139(5), you can file a revised return before the 31st of December of the assessment year, or before the completion of assessment, whichever is earlier.
What if I missed the July 31 deadline?
You can file a Belated Return under Section 139(4) till December 31, but it attracts a late fee (₹1,000 to ₹5,000) under Section 234F, penal interest on tax due, and loss of carry-forward benefits.