Tax Filing, Handled with Expertise
We take the stress out of tax filing. From form selection to submission, revised returns, scrutiny assessments, and department notices — we represent you every step of the way with precision and professionalism.
Who Needs to File an ITR?
| Criteria | Details |
|---|---|
| Total Income Exceeds | ₹4 lakh in a financial year (before deductions) |
| Company / Firm | Mandatory even with zero income |
| TDS Deducted | If you want to claim a refund on excess TDS |
| Foreign Income / Assets | Mandatory declaration required |
| Carry Forward Losses | ITR required to claim future tax benefits |
| Deposited > ₹1 Crore in Bank | ITR filing is compulsory |
| Foreign Travel > ₹2L or Electricity > ₹1L | Compulsory ITR filing triggered |
Which ITR Form Should You Use?
Salaried Individuals & Pensioners
- Income from salary or pension
- One house property income
- Interest from savings / FD
- Total income up to ₹50 lakh
Individuals & HUFs (Multiple Sources)
- Capital gains (shares, MF, property)
- More than one house property
- Foreign assets or income
- Income above ₹50 lakh / Director in company
Business / Profession Income
- Business or professional income
- Doctors, lawyers, consultants
- Partner in a firm
- Capital gains or house property income too
Presumptive Taxation (Small Business)
- Small business up to ₹50 lakh annual income
- Section 44AD, 44ADA, or 44AE
- Shopkeepers, traders, drivers
LLPs, Firms & Associations
- LLPs & Partnership Firms
- Association of Persons (AOP)
- Trusts not filing ITR-7
Companies, NGOs & Institutions
- ITR-6: Private & Public Limited Companies
- ITR-7: Charitable trusts, religious institutions
- Political parties & educational institutions
Types of Income Tax Returns
| Type of Return | Description | Who Needs It |
|---|---|---|
| Original Return | First return filed within due date (Sec 139(1)) | All taxpayers filing on time |
| Belated Return | Filed after due date, before end of assessment year (Sec 139(4)) | Those who missed the deadline — penalty may apply |
| Revised Return | Corrects errors or omissions in original/belated return (Sec 139(5)) | Anyone needing to correct mistakes in filed ITR |
| Defective Return | Incomplete/incorrect return — department issues notice (Sec 139(9)) | Return has missing or invalid information — must correct in 15 days |
| Updated Return | Declare missed income within 2 years of assessment year (Sec 139(8A)) | Taxpayers voluntarily declaring omitted income |
| Nil Return | No taxable income but filed for record / loan / visa purposes | Students, freelancers, individuals below taxable limit |
| Refund Claim Return | Excess TDS deducted — claim refund from department | Salaried, businesses, or NRIs with excess tax paid |
Types of Income Tax Assessments
Self-Assessment
Taxpayer calculates and pays due taxes before filing ITR. Done by every taxpayer before submission.
Summary Assessment
Auto processing by CPC — checks math, TDS credits, and deductions. Mismatch intimation issued if any discrepancy.
Scrutiny Assessment
Detailed scrutiny of ITR and supporting documents. Occurs if return is selected for in-depth examination.
Best Judgment Assessment
Filed return is incorrect, incomplete, or not filed at all. Done when taxpayer fails to respond or cooperate.
Reassessment
Past income not disclosed comes to light. Triggered when IT Department believes income was underreported.
Protective Assessment
Applied when ownership of income is disputed. Done to protect revenue while the legal dispute is resolved.
Documents Required for ITR Filing
👔 Salaried Individuals
- PAN Card & Aadhaar Card
- Form 16 from employer
- Salary slips (if applicable)
- Bank account details
- Investment proofs (LIC, PPF, ELSS)
- Rent receipts (for HRA claims)
- TDS Certificates
💼 Business Owners / Freelancers
- Business income & expense details
- Bank statements
- GST returns (if applicable)
- Asset purchase / sale details
- Depreciation chart (if maintained)
📈 Capital Gains / Other Income
- Demat account statements
- Property sale documents
- Mutual fund redemption statements
- FD / savings / NSC interest proofs
🌏 NRIs / Foreign Income
- Passport & visa copies
- NRE / NRO account statements
- Foreign income proof
- DTAA benefit documents (if applicable)
ITR Filing Due Dates
Why Clients Choose Us
Accurate ITR Filing
Prevent defects, penalties, and notices with expert form selection and error-free submission.
Assessment Handling
End-to-end support for scrutiny notices, best judgment assessments, and department queries.
Revised & Belated Filing
Missed the deadline or made a mistake? We fix or file even after due dates — before 31st Dec.
Maximum Refund
We claim all eligible deductions (80C, 80D, HRA) and ensure your refund reaches you quickly.