Our service offers a detailed approach for employees to submit their income tax returns precisely and promptly. We focus on ensuring the accuracy of your tax filings. Our skilled team will review your documents and guide you through the return filing process. With us, tax filing becomes effortless, tailored specifically for the requirements of employed persons. Rest assured, we aim to secure the highest possible TDS refund for you.
If you have paid more income tax, you are eligible for a tax refund
A delay in filing ITR makes you liable to pay a fee of up to 10,000 INR.
Foreign consulates may ask you to furnish your income tax returns for obtaining Visa
The income tax return serves as an important document for loan approval
An Income Tax Return (ITR) is a form used to file information about your income and tax liability to the government. It includes details such as income earned, deductions claimed, and taxes paid during the financial year.
All individuals and entities, including salaried individuals, self-employed professionals, businesses, and organizations, whose income exceeds the threshold limit specified by the Income Tax Department are required to file an Income Tax Return.
Filing Income Tax Returns is not only a legal requirement but also offers various benefits such as:
The deadline for filing Income Tax Returns varies depending on the type of taxpayer and the financial year. Generally, the due date is July 31st for individuals and September 30th for businesses.
The documents required for filing Income Tax Returns include:
Income Tax Returns can be filed online through the Income Tax Department’s official website or through authorized e-filing intermediaries. Alternatively, you can seek assistance from a qualified Chartered Accountant or tax professional.
Missing the deadline for filing Income Tax Returns may result in penalties and late fees. However, taxpayers can still file belated returns within a specified timeframe to avoid further consequences.
Yes, taxpayers can revise their Income Tax Returns within a certain period if they discover any errors or omissions in the original filing. However, the option for revision is available only for a limited time.
If you receive a notice from the Income Tax Department regarding discrepancies or non-compliance, it is essential to respond promptly and seek professional assistance if needed. Ignoring or delaying a response may lead to legal consequences.