ITR Filing Services

Filing Income Tax Returns (ITR) can be a complex and time-consuming task. Whether you are an individual taxpayer or a business entity, navigating the intricacies of tax laws requires expertise and attention to detail. We offer comprehensive ITR filing services to ensure that your tax returns are accurate, compliant, and filed on time. Let us handle your tax obligations so you can focus on what you do best.

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List of Sections

Benefits of ITR Filing Services

  1. Accurate Tax Filing: Professional ITR services help ensure accuracy in tax calculations, reducing the risk of errors or penalties.
  2. Time-Saving: These services save time by handling all the paperwork and processes efficiently, especially for complex tax situations.
  3. Maximizing Deductions: Experts help identify eligible deductions and exemptions, maximizing your tax savings.
  4. Avoid Penalties: Timely filing through services helps avoid penalties for late submission or errors.
  5. Expert Guidance: Access to professional advice and support ensures compliance with the latest tax laws and regulations.
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List of Sections

Services We Offer

Income Tax Return Filing for Individuals
  • Salaried Employees: Preparation and filing of ITR for individuals receiving salary income. Claim deductions under various sections like 80C, 80D, etc.
  • Self-Employed Professionals: Assistance for freelancers, consultants, and professionals in filing returns. Calculation of income from profession and allowable expenses.
  • Capital Gains: Computation and reporting of short-term and long-term capital gains from the sale of property, stocks, or other assets.
  • Rental Income: Declaration of income from house property and applicable deductions.
  • Foreign Income and NRI Taxation: Specialized services for Non-Resident Indians and individuals with foreign income sources.

Income Tax Return Filing for Businesses

  • Sole Proprietorships: Preparation of financial statements and filing of business income tax returns.
  • Partnership Firms and LLPs: Assistance with tax compliance, profit-sharing, and partner remuneration.
  • Private Limited Companies: Comprehensive services including computation of corporate tax liability and filing of ITR-6.
  • Startups and SMEs:  Tailored solutions to meet the tax needs of growing businesses.

Tax Planning and Advisory

  • Tax Optimization:  Strategies to minimize tax liability within the legal framework.
  • Investment Planning: Advice on tax-saving investments and instruments.
  • Year-Round Support: Ongoing consultation to address tax-related queries and updates on tax law changes.

TDS (Tax Deducted at Source) Compliance

  • TDS Return Filing: Preparation and submission of quarterly TDS returns for salaries, contractor payments, rent, and more.
  • TDS Certificate Generation: Assistance in issuing Form 16/16A to employees and vendors.
  • TDS Notices: Resolution of TDS defaults and notices received from the Income Tax Department.

Rectification and Revision of Returns

  • Error Correction: Identify and rectify errors in previously filed tax returns.
  • Revised Return Filing: Assistance in filing revised returns before the deadline.
  • Response to Tax Notices: Support in responding to scrutiny notices and demands.

Representation before Tax Authorities

  • Assessments and Appeals: Represent clients during tax assessments and appellate proceedings.
  • Liaison with Tax Departments: Handle communications and negotiations with tax officials on your behalf.
  • Dispute Resolution: Strategize and implement solutions to resolve tax disputes efficiently.

Documents Required for ITR Filing Services

For Individuals

For Businesses

FAQs

1. Who is required to file an Income Tax Return?

Any individual or entity whose income exceeds the basic exemption limit prescribed by the Income Tax Department is required to file an ITR. Additionally, certain situations mandate filing regardless of income, such as:

  • Deposit of more than ₹1 crore in a bank account.
  • Expenditure of over ₹2 lakh on foreign travel.
  • Electricity bills exceeding ₹1 lakh in a year.
2. What are the due dates for filing ITR?
  • Individuals and Non-Audit Cases: Typically July 31st of the assessment year.
  • Businesses Requiring Audit: September 30th of the assessment year.
  • Transfer Pricing Cases: November 30th of the assessment year.

Note: Deadlines may be extended by the government; we keep you informed of any changes.

3. What happens if I fail to file my ITR on time?

Late filing can result in penalties up to ₹10,000, loss of interest on refunds, and inability to carry forward losses. It’s crucial to file on time to avoid these consequences.

4. Can I file a revised return if I made a mistake?

Yes, if you discover an error in your filed return, you can file a revised return before the end of the assessment year or completion of the assessment, whichever is earlier.

5. How do I track my refund status?

You can track your refund status on the Income Tax Department’s e-filing portal using your PAN and assessment year details. We can assist you in monitoring and expediting your refund process.

6. Do you offer services for NRIs?

Yes, we provide specialized tax services for Non-Resident Indians, including NRI taxation, Double Taxation Avoidance Agreements (DTAA), and compliance with foreign income reporting requirements.

Why Do Customers Trust us?

Expertise, precision, and convenience in hassle-free legal services with a track record of excellence.

Expert Legal Guidance

Leverage our extensive expertise to navigate your complex legal issues with confidence.

Trusted Professionals

Rely on our dedicated team for dependable, high-quality legal support you can trust.

Timely Solutions

Count on us for swift and efficient resolution of your legal needs, ensuring no time is wasted.

Personalized Service

Experience tailored legal solutions designed specifically to meet your individual requirements.

Expert Legal Guidance

Leverage our extensive expertise to navigate your complex legal issues with confidence.

Trusted Professionals

Rely on our dedicated team for dependable, high-quality legal support you can trust.

Timely Solutions

Count on us for swift and efficient resolution of your legal needs, ensuring no time is wasted.

Personalized Service

Experience tailored legal solutions designed specifically to meet your individual requirements.

Reviews from Our Valued Clients

Our clients consistently praise the ease and efficiency of working with us. They value our deep expertise in managing their legal matters promptly and effectively. We take pride in earning their trust and are committed to delivering exceptional service every step of the way.

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Have Your Questions Answered By Lawyer Tax Expert Chartered Accountant Company Secretary

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