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Income-Tax Returns

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What it means?

The tax return summary is a document where taxpayers report their total taxable income, deductions, and tax payments. It encompasses the calculation of any outstanding tax liability or excess tax paid to the government, which can be claimed as a refund from the tax department. Income Tax Return (ITR) forms range from ITR1 to ITR7 and are used based on the type of income. Certain forms may require additional disclosures, such as a profit and loss statement and balance sheet prepared for the financial year.

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Service Plans

Salaried income

₹ 1,999/-



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Capital Gains/ F&O Income




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Tax Unbound ITR Filing!

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Preliminary Documents Checklist

Form 16

Ensure you have both Part A and Part B. Part A contains the information about TDS deducted by your employers, while Part B is an annexure that shows a breakup of your salary, allowances, deductions, and relief under relevant tax sections.

Aadhaar Card & PAN Card

Make sure you have copies of both your Aadhaar Card and PAN Card. These are important identification documents required for tax filing.

Summarized Annual Bank Statements

Prepare a summary of your annual bank statements for all your accounts. This will help in calculating your total income and identifying any interest income or other transactions that need to be reported.

Interest and TDS Certificates from Banks

Collect interest certificates from banks where you have deposits, loans, or savings accounts. Also, gather TDS certificates issued by banks for any tax deducted at source on your interest income.

Medical Insurance and Life Insurance Premiums

Keep records of your medical insurance premiums paid during the financial year. Additionally, gather documents related to life insurance premiums paid, as they may be eligible for tax benefits.

Investments and Assets

Gather proof of investments made in various financial instruments such as PF (Provident Fund), fixed deposits, bonds, shares, NSC (National Savings Certificate), and mutual funds. These documents will help in calculating your taxable income and applicable deductions.

Tuition Fee Receipts

Keep tuition fee receipts for your two children, as well as any receipts related to family members with disabilities who may have availed educational services or treatment. These expenses may be eligible for tax deductions.

Income Tax Login Credentials

Ensure you have the necessary login credentials for the income tax filing portal (e.g., username, password, and any other required authentication details).

Sole Proprietorship process brief

Process Brief

Submit the required documents as per the checklist provided.
Our experts will verify the submitted documents for accuracy and completeness.
A computation summary, outlining the details of your income, deductions, and tax liability, will be shared with you.
Once you review and approve the computation summary, we will file your Income-Tax Return (ITR) on your behalf.

Who can file Income Tax Returns?

Eligibility Criteria

Individuals less than 60 years of age must file income tax returns if their annual income exceeds Rs 2.5 lakhs.

Senior Citizens

Senior citizens are required to file income tax returns if their annual income exceeds Rs 3 lakhs.

Mandatory for Tax Refund

Filing income tax returns is mandatory for individuals who wish to claim a tax refund.

Obligatory for Companies

Companies that have incurred an income or loss during the financial year must compulsorily file income tax returns.

Didn't answer your question?
Check Different ITR Forms

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  • Income up-to 50 Lakhs
  • from Salaries/Pension
  • from Other sources (e.g: interest etc) but excluding winning from Lottery and Income from Race Horses.
  • One house property.
  • Agricultural Income upto Rs 5000
  • Income > 50 Lakhs. (also includes winning from Lottery, bets on Race Horses and other legal means of gambling.)
  • Includes Salaries/Pension and Income from other sources
  • Capital Gains / loss on sale of investments / property (Both Short Term and Long Term)
  • More than 1 house property.
  • Foreign Income/Foreign Asset.
  • Agricultural Income more than Rs 5000
  • Holding directorship in company
  • Holding unlisted equity shares. 
  • Presumptive income < 2 crore.
  • Every income from ITR-1
  • Includes all individuals and HUFs, Partnership firms (other than LLPs) 

This is filed by companies – other than one claiming exemption under section 11 (Income from property held for charitable or religious purposes). 

Filed by persons including companies required to furnish return Under section 139(4A) or 139(4B) or 139(4C) or 139(4D) only.

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