Income Tax Return Filing

Income Tax Return

✔️ Avoid Penalties ✔️ Easy Loan Approval ✔️ Act as Income Proof ✔️ Claim TDS Refund ✔️ Free ITR Computation ✔️ Safe & secure

Get your ITR Filing Done in 24 Working Hours

ITR RETURN FILING FORM

Applicant Name

Permanent Account Number ( PAN )

Date Of Birth/Formation (DD/MM/YYYY)

Address

Mobile Number

Email Address

Income Details

Source Of Income

Gross Total Income

Up to ₹ 2,50,000

₹ 2,50,001 - ₹ 5,00,000

₹ 5,00,001 - ₹ 10,00,000

Above ₹ 10,00,000

Note : This is just a simple Income Tax Filing form and it is not associated with the Original ITR Form.

What is ITR filing?

ITR filing is the process by which taxpayer has to file a report of his total income earned on financial year. Through Income Tax Department official portal individual can complete their filing of returns. It has notified with seven various forms – ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6 and ITR 7.

Procedure of Filing IT Returns

Benefits
Required Documents
Process

Allows carry forward of losses

Most businesses in their initial years face losses from the business. The business loss or capital losses can be carried forward up to 8 years if the ITR is filed. This loss can also be adjusted against the future income that lowers taxable income in the future. If ITR is not filed, the taxpayer is deprived of this benefit.

Define financial worth

The ITR filed with the Government defines the financial worth of the taxpayer. The track of ITR shows the financial capacity and also increases the capital base of a person. Hence, the track of income and financial worth is decided by the previously filed ITR. The investors and institutions look forward for returns filed to know the capacity of the business.

Loan Processing and high risk cover

The numbers and the capital base defined by the income tax return is helpful for the loan processing. Higher the financial worth, easier the loan processing. The same applies to high-risk cover insurance. The ITR is a considerable document for making decisions in this regards.

Claim refund of TDS paid from salary

Salaried personnel receives the income after deduction of applicable TDS. It may happen that after the eligible deductions, the tax liability is lower than the amount of TDS actually deducted. In such cases, the excessive payment can be claimed in the form of refund only if ITR is filed by the person.

Entities PAN Card
Aadhar Card
Cancelled Cheque
Bank Account Statement
Financial Statements
Investment/ expenses u/s 80
Form 16

Day 1 – Collection

Discussion and collection of basic Information
Consultancy for appropriate ITR form
Collection of required documents

Day 2 – Execution

Computation of payable Income Tax

Day 3 – Submission and Acknowledgement

Online filing of income tax return
Sharing ITR Acknowledgment