ITR Filing Consultant
Are you looking for an ITR filing consultant? We are India’s fastest ITR filing service provider, with a team of tax experts like Chartered Accountants (CA) who can provide you with a complete income tax return filing solution. Whether you are seeking ITR filing, tax-saving advice, or tax planning, we are your one-stop tax solution. Connect with us for your salaried income tax return, business ITR, or share/F&O ITR. We provide all types of ITR filing services across India.
Looking for Income Tax Return Filing Service?
Income Tax Return Filing
Every Year Income Tax Return Filing can be a hectic task for many individuals and businesses. However, understanding the importance of compliance with tax regulations is crucial to avoid penalties and ensure financial stability. At Vakil Adda, we offer expert guidance and assistance as your trusted Income Tax Return Filing Consultant, providing personalized services to your specific needs.
Under the provisions of the Income Tax Act, 1961, individuals earning above the basic threshold limit specified by the Income Tax Department (currently Rs. 250,000) are required to file their Income Tax Return. For those not mandated to undergo a Chartered Accountant audit, the deadline for online filing is set for July 31st each year. However, if an audit is necessary, the deadline extends to October 31st.
Understanding the different types of income sources outlined in the Income Tax Act is crucial for accurate tax filing. These sources include income from salary, rent, capital gains, business and professional income, and other sources. While certain incomes, such as agricultural income and long-term capital gains on agricultural land, may be exempted, taxes must be paid if the earnings surpass the specified basic limit.
At Vakil Adda, our team comprises experienced Chartered Accountants equipped to navigate the complexities of Income Tax Return Filing seamlessly. With over 1000 yearly return filings under our belt, we offer not just filing services but also expert guidance on tax-saving strategies and efficient tax planning. Our goal is to ensure your tax compliance while maximizing your tax benefits, providing peace of mind in managing your finances effectively.
Looking for an ‘ITR Filing Consultant Near Me’? Look no further! Our local presence ensures accessibility and convenience, allowing us to provide personalized assistance tailored to your specific requirements. Whether you’re an individual taxpayer or a business entity, trust us to be your reliable partner in simplifying the Income Tax Return Filing process.
CA Fees for ITR Filing Consultancy
- Salary Return (ITR-1): Rs. 1000/-
- Small Business (ITR-4): Rs. 2000/-
- Capital Gain (Property): Rs. 3000/-
- Capital Gain (Shares & FO): Rs. 3000/-
- Business (ITR-3): Rs. 2500/-
- LLP/Partnership/Company ITR: Rs. 2000/-
- Trust ITR: Rs. 5000/-
(If Audit Required – Rs. 10,000 Starting)
What Are the Documents Required for Income Tax Return Filing?
Following Documents required for proper submission of Online Income Tax Return
- Salary Income Details/ Form 16 (If Available)
- Rent Income Details and Home Loan Statement/Certificate
- Capital Gain Details (Shares and Mutual Fund Capital Gain Details)
- Business Account Records (If Lumpsum – Sales and Purchase Details)
- Bank Statements
- Other Income Details
- Investments and Deductions Details
- Other Details can be fetch from AIS, TIS, 26AS, Tax Details (Automatic from Portal)
Types of ITR & Applicability of Tax Form
There are Seven types of Income Tax Return Form, Based on Tax Payer category and Income Sources Form Applicability can be derived.
- ITR-1: Salaried Person – Salary Income, Other Source Income Like Interest etc.
- ITR-2: Capital Gain/Agriculture Income – Salary Income, Other Source, Capital Gain etc.
- ITR-3: Business Return – Comprehensive Individual Tax Payer Return with Business activities.
- ITR-4: Lumpsum Business Return – Small Business Turnover
- ITR-5: For Firm/LLP – Partnership Firm and Limited Liability Partnership Firm
- ITR-6: Company – For Private Limited Company, Limited Company etc.
- ITR-7: Trust Income Tax Return Filing
Usage of Income Tax Return
I.T.R. is the most useful document in the following cases:
- Home Loan Application
- VISA Application
- Children Abroad Study
- Education Loan for Children
- Business Funding and Loans
- Government Tenders
- Subsidy Scheme Application
- Tax Refund
- Address and Nationality Proof
Benefits of Using CA for ITR Filing
Chartered Accountants are the top professionals with the best taxation knowledge. Choosing a CA as ITR Filing Consultant for your ITR preparation and filing is best practice. This decision can offer you many advantages such as:
- Error-Free ITR Filing
- Smooth Process and Filing with Accuracy
- Tension-Free – Future Complications can be Nullified
- Tax Guidance
- Tax Planning and Savings
- Useful in Loan Application (COI – CA Certified)
Obtain Online ITR Filing Service - Get it done in 30 Mins.
Send us required documents as applicable for your particular category. Also, you can connect with us for brief of documents requirements.
Based on documents, Our CA will prepare ITR-COI, We will send COI Copy for your review purpose. If you found in-line you can approve for filing.
After that, Our Another Senior CA will check the ITR and Process for Online ITR Filing. We will Provide ITR Final Copy and COI with CA Attestation.
Popular Category of Tax Payer Return
There are many tax payer type and activities type. Some of Popular tax payer in India are
- Share Market and Future & Options Trader: Investor and Trader in Stock Market required to file Income Tax Return, and if turnover is high they need to do tax audit.
- Small Business: Lumpsum Business tax filing who’s turnover is less than one crore.
- Salaried Person: Salary Income Person file ITR with motive of Tax Refund.
FAQ's on ITR Filing of AY 2024-25 (FY 2023-24)
For Tax Payer who is not required Audit, Due date for Income Tax Return is 31st July, 2024.
We offer ITR Filing services across India, covering all Tier 1 and Tier 2 cities. With 24×7 online support, our main cities of service include Ahmedabad, Mumbai, Delhi, Bengaluru (Bangalore), Chennai, Kolkata, Hyderabad, Pune, Surat, Jaipur, Lucknow, Kochi, Indore, Visakhapatnam, and Coimbatore. Additionally, we extend our services to states such as Jammu and Kashmir, Himachal Pradesh, Punjab, Haryana, Uttarakhand, Rajasthan, Gujarat, Maharashtra, Madhya Pradesh, Chhattisgarh, Uttar Pradesh, Bihar, Jharkhand, West Bengal, Odisha, Sikkim, Assam, Arunachal Pradesh, Nagaland, Manipur, Mizoram, Tripura, Meghalaya, Karnataka, Andhra Pradesh, Telangana, Tamil Nadu, and Kerala.
