Why Choose Our Income Tax Services?
- Expert Guidance: Our team comprises seasoned of tax professionals who stay updated with the latest tax laws and provide expert advice tailored to your specific needs.
- Comprehensive Solutions: From simple income tax return filing to complex appeals and petitions, we offer end-to-end solutions for all your income tax related needs.
- Timely and Accurate Filing: We ensure that your returns and responses are filed on time with complete accuracy, minimizing the risk of penalties and disputes.
- Client-Centric Approach: We prioritize your convenience and satisfaction, offering personalized support and clear communication throughout the process.
- Proven Track Record: With a history of successfully managing tax filings and appeals, we are trusted by numerous clients for our reliability and expertise.
What We Offer
Comprehensive ITR Filing
Full-service income tax return filing for ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, with e filing of income tax and its return e-filing.
Specialized ITR-10E Filing
Expert assistance with ITR-10E filing for relief under Section 89 for salary arrears and similar payments.
Notice Response Handling
Professional, accurate, and timely response to income tax notices under Sections 139(9), 143(3), 148, and 147.
ITR Corrections
Services for correcting income tax returns before assessment or within a year, ensuring accurate tax filing.
Income Tax Audit Support
Comprehensive support for income tax audits, ensuring compliance, accuracy, and thorough reporting.
Online Tax Filing
Convenient online income tax filing services, including e-filing services & electronic filing of income tax returns.
Documents Required for Income Tax
- PAN Card: Permanent Account Number card for identification and tax purposes.
- Aadhaar Card: For linking with your PAN and verifying your identity.
- Income Proof: Salary slips, Form 16, or income statements from employers.
- Bank Statements: To verify interest income and other financial transactions.
- Investment Proofs: Documents for deductions like 80C (life insurance, ELSS, etc.), 80D (health insurance premiums), and other eligible investments.
- Tax-saving Documents: Proof of investments in PPF, EPF, NSC, and other tax-saving instruments.
- Other Income Documents: Proof of income from rental properties, freelance work, or any other sources.
Step-by-Step Guide For Income Tax Process
Step- 1
Gather Documents
Collect all necessary documents, including PAN card, proof of business registration, identity and address proof, bank account statements, digital signature, and any authorization letters.Step- 2
File Your Tax Return
Select the appropriate ITR form based on your income and business type. Complete it accurately, review all details, and e-file using our efficient online ITR filing services.Step- 3
Verify Your Return
After filing, verify your return using Aadhaar-based OTP, EVC, or physical verification by sending a signed ITR-V form to the tax department. Verification is essential for processing.Step- 4
Track & Respond
Monitor your return status and address any notices or requests from the tax department. Track assessments and refunds, and resolve all queries efficiently and promptly.Types of Taxes
Individual Income Tax: Tax on earnings from salaries, wages, pensions, and other personal income sources, including income from house property, capital gains, and other sources.
Corporate Income Tax: Tax levied on the profits earned by companies and corporations. It applies to both domestic and foreign companies operating within the jurisdiction.
Capital Gains Tax: Tax on the profit made from the sale of assets or investments, such as real estate, stocks, or bonds. The rate may vary depending on the holding period and type of asset.
Dividend Tax: Tax on the dividends paid by companies to their shareholders. This can be in the form of a Dividend Distribution Tax (DDT) paid by the company or tax on dividend income received by individuals.
FAQs
The deadline for filing your income tax return is typically July 31st of the assessment year for individuals. For businesses, it may vary depending on the type of entity and the accounting period.
You can check the status of your income tax return by logging into the income tax e-filing portal with your PAN and password. The status will indicate whether your return has been processed, accepted, or if further action is needed.
If you receive a notice from the tax department, carefully read the notice and respond within the specified timeframe. You may need to provide additional information or documents. Consult a tax professional if needed.
Yes, you can revise your income tax return if you realize there were errors or omissions. Revisions can be made before the assessment is completed or within one year from the end of the relevant financial year.
Failure to file your income tax return on time can result in penalties, interest on unpaid taxes, and potential legal consequences. The tax department may also initiate proceedings for recovery of dues.
Deductions can be claimed for various expenses such as investments under Section 80C, medical expenses under Section 80D, and interest on home loans under Section 24(b). Ensure you have the necessary documentation to support your claims.