it's pocket friendly
it's hassle free
it's instant
it's completely online
Starting at Just Rs. 699/- (All Inclusive)
ITR Filing for Individuals and HUF
- it’s super simple
- completely online
- hand-holding support
- instant response & consultation
Explore various pricing plans
All Inclusive Transparent Pricing #NoHiddenCharges
ITR-1 @ Rs. 699/-
- Salary Income
- Rent Income From One Property
- Interest Income etc.
Price includes free consultation
Fill inquiry form below to pay later
ITR-2 @ Rs. 1099/-
- Salary Income
- Rent Income From Properties
- Capital Gains or Losses
Price includes free consultation
Fill inquiry form below to pay later
ITR-3 @ Rs. 1999/-
- All Income Covered in ITR-2
- Income From Business or Profession
- Interest Income etc.
- Income or Loss From Intraday Share Trading
- Income or Loss From Derivatives (F&O)
- Director/Patner in a Company/LLP
Price includes free consultation
Fill inquiry form below to pay later
ITR-4 @ Rs. 1499/-
- Salary Income
- Rent Income From Propeties
- Professional Receipts up to Rs. 50 Lacs
- Businesses Covered under Presumptive Taxation
Price includes free consultation
Fill inquiry form below to pay later
ITR @ Rs. 3499/-
- Any ITR Form 1 to 4
- Crypto Income
- Foreign Income
- Income More Than Rs. 50 Lacs
Price includes free consultation
Fill inquiry form below to pay later
Client's Voice is Essential!
Very professional at what they do. I recommend them for everyone. Also charges are bare minimum. Taking their services for my business, investment returns and other family members income as well.
His person very nice behavior and very smooth person.
I am very happy with his support and servicesThanks and we are suggesting all of please need help any time regarding GST consultation.
True Potential Wealth Management offers a modernized, technology-driven approach to financial advice.
Very support team, hassle free services.Weldone team Fiscalnow.
I have approached them for PAN Card application and simultaneously for GST Registration, the services were prompt and accurate. Though certain more documents were asked but I guess that was part of service delivery
Know More
Income Tax Returns
An Overview
Individuals and Hindu Undivided Families (HUFs) in India engage in Income Tax Return (ITR) filing as a means of fulfilling their tax obligations. This process involves reporting income from various sources, including salary, business profits, capital gains, and other earnings. Deductions and exemptions, such as those under Sections 80C, 80D, and 24, are crucial aspects that taxpayers must consider to optimize their tax liability.
For HUFs, additional complexities arise due to the clubbing provisions, which require certain members’ incomes to be consolidated with that of the HUF. Tax credits from sources like TDS and advance tax payments must be accurately reflected in the ITR form to avoid discrepancies.
Furthermore, individuals and HUFs may opt for presumptive taxation schemes under sections 44AD, 44ADA, or 44AE, simplifying their tax computation process. However, compliance with specific conditions is necessary to benefit from these schemes.
Moreover, carrying forward losses incurred in previous years and disclosing high-value transactions are vital components of ITR filing, ensuring both compliance with tax regulations and optimization of tax liabilities.
Overall, understanding these nuanced aspects of ITR filing is essential for individuals and HUFs to accurately report their income, claim deductions, and navigate the intricacies of tax regulations effectively.
Fiscalnow files Income Tax Return for individuals by adhereing to each and every legal requiremets of Income Tax Laws. You can completely rely on us to file your income tax returns. For that, you will just have to provide us with the necessary documents.
Income Tax Filing is done every year under the Income Tax Act through the applicable Income Tax Form out of the 7 prescribed Forms (ITR 1 to ITR 7).Â
It is the way of communicating the particulars of income earned by a person in a financial year and taxes paid on such income to the Income-tax Department. Every form contains various crucial fields that are to be filled with utmost dilligence, failing which can result into defective Income Tax Return. This is where you need expert guidance.
Fiscalnow do the Income Tax FIling for individuals by adhereing to each and every legal requiremets of Income Tax Laws. You can completely rely on us for your Income Tax Filings. For that, you will just have to provide us with the necessary documents.
Income Tax Filing is done every year under the Income Tax Act through the applicable Income Tax Form out of the 7 prescribed Forms (ITR 1 to ITR 7).Â
It is the way of communicating the particulars of income earned by a person in a financial year and taxes paid on such income to the Income-tax Department. Every form contains various crucial fields that are to be filled with utmost dilligence, failing which can result into defective Income Tax Return. This is where you need expert guidance.
Fiscalnow do the Income Tax FIling for individuals by adhereing to each and every legal requiremets of Income Tax Laws. You can completely rely on us for your Income Tax Filings. For that, you will just have to provide us with the necessary documents.
Is It Mandatory?
Section 139 of the Income Tax Act provides that in certain situations Income Tax Return filing is mandatory irrespective of tax deduction or collecton at source or irrespective of income earned. Accordingly in following situations Income Tax Filing is mandatory.
- If total income exceeds the basic exemption limit.
- If assessee have any asset outside India.
- If assessee have deposit more than Rs 1 crore in a bank account.
- If assessee incurs Rs 2 lakh on foreign travel
- If assessee electricity consumption is Rs 1 lakhs.
- If assessee business turnover is more than Rs 60 lakh.
- If gross receipt from profession of assessee is more than Rs 10 lakh.
- If TDS and TCS is Rs 25,000 or more in case of assessee other than senior citizens.
- If TDS and TCS is Rs 50,000 or more in case of senior citizen assessee.
- If deposit in a saving bank account of assessee is Rs 50 lakh or more.
- If assessee have incurred a loss under any head of income and wish to carry forward that loss for future adjustment.
- If assessee is a NRI (Non-resident individuals) with any income accruing or arising in India.
Voluntary Filing: While mandatory for those meeting the above specified criteria, ITR filing can also be voluntary for individuals and HUFs who do not meet the mandatory filing requirements. They may choose to file returns to claim refunds, avail benefits such as loans or visas, or for various other purposes.
Â
Information / Documents Required
General Documents / Information Required from all assessees:
Form 16 (for Salaried Individuals): Employers issue Form 16, which provides details of salary income, taxes deducted (TDS), and any other allowances or perks received during the financial year.
Form 16A/16B/16C (for TDS on Income Other Than Salary): If TDS has been deducted on income other than salary, such as interest income, rental income, or freelance earnings, individuals need to collect Form 16A, 16B, or 16C from the deductor.
Bank Statements: Bank statements for all bank accounts held during the financial year are required to reconcile income, interest earned, and other financial transactions.
Investment Proofs: Documents supporting investments made under various sections such as:
- Section 80C (e.g., PPF receipts, LIC premium payment receipts, ELSS investment proofs)
- Section 80D (e.g., health insurance premium receipts)
- Section 24 (e.g., home loan interest certificate)
- Section 80E (e.g., education loan interest certificate)
- Section 80G (e.g., donation receipts)
- Receipts or statements for other eligible deductions under the Income Tax Act.
Property Documents: Documents related to property ownership, rental income, or home loan repayment, such as sale deeds, rental agreements, loan statements, etc.
Capital Gains Statements: Details of capital gains from the sale of assets like property, stocks, mutual funds, etc., along with relevant purchase and sale documents.
Business/Profession Documents:
- For individuals and HUFs engaged in business or profession:
- Profit and loss account
- Balance sheet
- Audit report (if applicable)
- Receipts and invoices for expenses
- TDS certificates received or issued
- For individuals and HUFs engaged in business or profession:
Other Income Documents: Documents supporting income from sources like interest, dividends, lottery winnings, etc.
Personal Identification and PAN Card: Personal identification documents such as an Aadhaar card, PAN card, and other relevant identification proofs.
Previous Year’s ITR Copy (if applicable): Having the previous year’s ITR copy can be helpful for reference and to ensure consistency in reporting.
General Documents / Information Required from all assessees:
- Income Tax Portal Login Credential (If you forgot the credentials, we will reset it for you).
- Details of assets sold or purchase viz. sale value, purchase value, dates of purchase and sale transactions along with the description of assets, if any.
- If you are a director or partner in a Company or LLP or Partnership Firm details about DIN or DPIN & shareholding or share in profit and loss, if any.
- Details of any asset held in foreign, if any.
- TDS Certificates. if any.
- Investment proofs for deductions, if any.
- Insurances Details, if any.
- Loan Details, if any.
- Interest Certificates, if any.
- Receipts regarding donations, mutual funds and other forms of investments, if any.
Â
Documents / Informations Required from employee assessee:
- Form 16 provided by your employer
- Salary slips
Documents / Informations Required from business / professional assessee:
- Business Description
- Trading & Profit & Loss Account report, if any.
- Balance Sheet, if any.
Due Date
Yes, Income Tax Return (ITR) filing in India has specific due dates depending on the taxpayer’s category and the type of income. The due dates are prescribed by the Income Tax Department and are subject to periodic revisions. Here are the general due dates for different categories of taxpayers:
For Individuals and HUFs (other than those required to get their accounts audited): The due date for filing ITR for individuals and HUFs who are not required to get their accounts audited is usually July 31st of the assessment year (AY). For example, for the financial year 2023-24 (AY 2024-25), the due date would typically be July 31, 2024.
For Individuals and HUFs (required to get their accounts audited): Individuals and HUFs who are required to get their accounts audited under the Income Tax Act, such as those with business or professional income exceeding the specified limit, have a due date of September 30th of the assessment year.
Extension of Due Date: The government may extend the due date for filing ITRs in certain cases, such as providing relief during natural disasters or other exceptional circumstances.
Taxpayers need to be aware of the due dates applicable to them and ensure timely filing to avoid penalties and interest charges. Additionally, staying updated with any changes or extensions in the due dates announced by the government is crucial for compliance with tax regulations.
Generally, the Income Tax Filing due date is 31st July of finacial year. However, if an assessee is a partner in a LLP or Partnership Firm which is subject to tax audit under the Income Tax Laws then due date in such case would be 31st October.
Note – Considering various factors, goverment may extend the due date of filing an Income Tax Return. However, we suggest not to wait for the extensions and get your ITR filed by us on time.
Generally, the Income Tax Filing due date is 31st July of finacial year. However, if an assessee is a partner in a LLP or Partnership Firm which is subject to tax audit under the Income Tax Laws then due date in such case would be 31st October.
Note – Considering various factors, goverment may extend the due date of filing an Income Tax Return. However, we suggest not to wait for the extensions and get your ITR filed by us on time.
- Capital gains from crypto holdings
- Capital gains (includes intraday, leverage)
- Capital gains (includes derivative trading)
- Crypto interest & dividend income
Plan starts for just ₹6,499 ₹16,249 60% off
*Exclusive of taxesBenefits
In this gloabalised era, almost all the countries requires the immigrants or applicants to provide the copies of the Income Tax Return for past 3-4 years to process the VISA applied to them
Filing of Income Tax Return on timely basis creates a good financial profile that helps the Banks and Financial Institutions in assessing the Loan Eligibility
Based on the Income Tax Return filed, one may get the concession in Interest Rates for the credit / financial facilities availed
A lot of transactions involves deduction (TDS) or collection (TCS) of tax, for instance sale of property, interest earned on deposits among several other transactions. Subject to the other taxable income, the tax payer may get the necessary refunds of the TDS or TCS as the case may be by filing the Income Tax Return
The losses incurred in the current financial years may not be set off against the profits earned in the same financial year due to the provisions of Indian Income Tax Laws, however, the same may set off against the future income. Therefore, to take benefit for the same by carrying forward the loss and thereby reducing the future tax liability, the tax payer should file the Income Tax Return on time
The delayed filing of the Income Tax Return results into interest, late fees & penalty. To avoid the same, timely Income Tax Return (ITR) should be filed
 Indian Income Tax Laws manadates certain tax payers to file Income Tax Return mandatorily and to be a great nation the compliances are promoted and rewarded. By filing Income Tax Return you can also contriute in making our NATION GREAT
People make certain payments for LIC, Health Insurance & Interest during a Financial Year, these payments can be claimed as deductions under the Income Tax Laws by filing the Income Tax Return
The benefits you just read are indicative, the list can be expanded for including other benefits too
FAQs
Timely filing of ITRs ensures compliance with tax laws, helps avoid penalties, and interest charges. It also facilitates faster processing of refunds, if applicable, guaranteeing timely receipt of any tax refunds owed to the taxpayer.
Yes, even if your income is below the taxable limit, filing ITR can be beneficial. It serves as a proof of your income and may be required for various purposes such as visa applications, loan approvals, or to claim refunds of taxes deducted at source (TDS).
Essential documents for ITR filing include Form 16 (for salaried individuals), bank statements, investment proofs, property documents, capital gains statements, and personal identification documents like PAN card and Aadhaar card.
Missing the ITR filing deadline may attract penalties and interest charges. It may also lead to difficulties in revising the return or claiming certain deductions. Therefore, it’s crucial to file ITR within the specified due date.
Yes, filing ITR even with no taxable income can have benefits. It helps maintain a clean tax record, facilitates financial transactions like obtaining loans or credit cards, and ensures compliance with tax laws.
You can file ITR online through the Income Tax Department’s e-filing portal or by using authorized intermediaries such as chartered accountants or tax filing websites. Online filing is convenient, secure, and offers various options for verification.
If you discover errors or omissions in your filed ITR, you can rectify them by filing a revised return within the specified time frame. It’s essential to rectify any mistakes to ensure accurate reporting and compliance.
Yes, not filing ITRs regularly can have several consequences, including penalties, interest charges, and legal action by the tax authorities. It may also lead to difficulties in obtaining financial services or facing challenges in future tax compliance. Therefore, it’s important to file ITRs diligently and on time.
