Income Tax Returns
Professional income tax return filing services for individuals and businesses
Expert Tax Return Filing Services
Filing income tax returns is not just a legal obligation but also provides numerous benefits including tax refunds, loan approvals, and visa processing. Our qualified tax professionals ensure accurate and timely filing of your income tax returns.
Whether you're an individual, professional, or business entity, we provide comprehensive tax return filing services with maximum tax savings and full compliance.
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Income Tax Return Forms
Different ITR forms based on income sources and categories
ITR-1 (Sahaj)
IndividualFor Individuals
Simple income tax return form for individuals with income up to ₹50 lakhs.
- Salary income
- House property income
- Other sources income
- Agricultural income up to ₹5,000
Income up to ₹50 lakhs, single house property, no business income
ITR-2
Individual/HUFFor Individuals & HUF
For individuals with multiple income sources and complex tax situations.
- Multiple salary incomes
- Capital gains
- Multiple house properties
- Foreign income/assets
No business income, income from any source, capital gains
ITR-3
Individual/HUFFor Business & Professionals
For individuals and HUFs having income from business or profession.
- Business income
- Professional income
- Partnership firm income
- Presumptive taxation
Business or professional income, partnership firms
ITR-4 (Sugam)
Individual/HUFPresumptive Taxation
For individuals and HUFs opting for presumptive taxation scheme.
- Presumptive business income
- Presumptive professional income
- Presumptive taxation under sections 44AD, 44AE, 44B
Turnover up to ₹2 crores, eligible for presumptive taxation
ITR-5
Firms/LLPFor Partnership Firms & LLP
For partnership firms, LLAs, and other association of persons.
- Partnership firm income
- LLP income
- AOP/BOI income
- Trust income
Partnership firms, LLPs, AOPs, BOIs, trusts
ITR-6
CompanyFor Companies
For companies other than those claiming exemption under section 11.
- Company income
- Corporate tax filing
- MAT calculations
- Tax audit reports
All companies except charitable trusts/institutions
Who Must File Income Tax Returns?
Understanding the filing requirements
Individual Taxpayers
- Income above ₹2.5 lakhs (below 60 years)
- Income above ₹3 lakhs (senior citizens 60-80 years)
- Income above ₹5 lakhs (super senior citizens 80+ years)
- Companies, firms, LLPs (mandatory)
Business Entities
- All companies and firms (mandatory)
- Businesses with turnover above ₹1 crore
- Professionals with gross receipts above ₹50 lakhs
- Partnership firms and LLPs
Specific Situations
- Capital gains transactions
- Foreign income or assets
- TDS deducted but not deposited
- Claiming tax refunds
Other Requirements
- Visa and immigration purposes
- Loan applications
- Government tenders
- Emigration requirements
Income Tax Return Filing Process
Simple steps to file your tax returns
Document Collection
Collect all income documents including Form 16, 26AS, bank statements, and investment proofs.
Income Computation
Calculate total income from all sources and determine tax liability or refund amount.
Return Preparation
Prepare income tax return using appropriate ITR form and claim eligible deductions.
Filing & Verification
File return electronically and complete verification process for processing.
Required Documents
Prepare these documents for income tax return filing:
Income Documents
- Form 16 from employer
- Form 26AS (Tax Credit Statement)
- Salary slips and bank statements
- Interest certificates from banks
- Dividend and mutual fund statements
Investment & Deduction Proofs
- ELSS and mutual fund investment proofs
- Insurance premium receipts
- PPF and NSC investment proofs
- Home loan interest certificates
- Medical insurance premium receipts
Additional Documents
- PAN card copy
- Aadhar card copy
- Bank account details
- Capital gains statements
- Previous year tax returns
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Tax Benefits & Deductions
Maximize your tax savings with available deductions
Section 80C
Deduction up to ₹1.5 lakhs on ELSS, PPF, EPF, NSC, life insurance premiums, home loan principal repayment.
Section 80D
Deduction up to ₹75,000 on health insurance premiums and medical expenses for self, family, and parents.
Section 80E
Unlimited deduction on interest paid on education loan for higher education.
Section 24
Deduction up to ₹2 lakhs on home loan interest for self-occupied property.
Section 80G
Deduction on donations to registered charitable institutions (50% or 100% depending on institution).
Section 80U
Deduction up to ₹1.25 lakhs for individuals with specified disabilities.
Important Due Dates
Key deadlines for income tax compliance
July 31
Individual ReturnsIndividual Tax Returns
Due date for filing income tax returns by individuals who are not required to get their accounts audited.
September 30
Business ReturnsBusiness & Corporate Returns
Due date for filing returns by businesses, companies, and persons required to get accounts audited.
December 31
Revised ReturnsRevised Return Filing
Last date for filing revised income tax returns for the previous financial year.
March 31
Belated ReturnsBelated Return Filing
Last date for filing belated income tax returns with additional penalty and interest.
Frequently Asked Questions
Common questions about income tax returns
What happens if I don't file my income tax return?
Not filing income tax return when required can result in penalties, interest on tax dues, loss of refund claims, and difficulties in getting loans, visas, or government tenders.
Can I file a revised return?
Yes, you can file a revised return within one year from the end of the relevant assessment year to correct errors or omissions in the original return.
How long does it take to get a tax refund?
Tax refunds are typically processed within 3-6 months from filing the return, depending on the complexity of the case and any additional verification requirements.
What is the penalty for late filing?
Late filing penalty ranges from ₹1,000 to ₹10,000 depending on the delay period and income. Additionally, interest is charged on outstanding tax dues.
Do I need to file returns even if my income is below the taxable limit?
While not mandatory if income is below taxable limits, filing returns can be beneficial for carrying forward losses, claiming refunds, and for loan/visa applications.
Ready to File Your Tax Returns?
Get your income tax returns filed accurately and on time. Our tax experts ensure maximum refunds and full compliance.