Service Overview
An Income Tax Return (ITR) is a form in which a taxpayer discloses information about their income earned during a financial year, taxes paid, and deductions claimed to the Income Tax Department. Filing ITR is a legal requirement for individuals and businesses whose income exceeds the basic exemption limit, and it is crucial for building financial credibility, obtaining loans, and processing visas.
Key Benefits of this Service
- Avoid penalties and interest charges under Section 234F for late filing.
- Crucial documentation required for Home, Business, and Car Loan approvals.
- Enables smooth processing of international visa applications.
- Allows you to carry forward capital losses (short-term & long-term) to offset future gains.
- Quick claim and processing of tax refunds (TDS refunds) from the government.
Documents Required
- PAN Card and Aadhaar Card.
- Form 16 (for salaried individuals) issued by the employer.
- Form 26AS and Annual Information Statement (AIS) / Taxpayer Information Summary (TIS).
- Bank Statements for the entire financial year.
- Proof of Tax Saving Investments (80C, 80D, 80G, NPS, Home Loan Interest certificate, etc.).
Step-by-Step Registration Process
Income & Document Analysis
We gather and analyze your Form 16, AIS, Form 26AS, and investment receipts to calculate your total taxable income and eligible deductions.
Tax Optimization & Computation
Our chartered accountants evaluate tax savings under the Old vs. New Tax Regimes to select the most tax-efficient regime for your profile.
ITR Draft Preparation
We select the appropriate ITR form (ITR-1, 2, 3, or 4) based on your income sources and prepare a detailed draft of your tax return for your review.
E-Filing & e-Verification
We upload the return on the Income Tax e-filing portal. We then guide you through e-verification (via Aadhaar OTP or Net Banking) to complete the filing process.