Income Tax Filing


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The Income Tax Act, 1961, and the Income Tax Rules, 1962, obligates citizens to file returns with the Income Tax Department at the end of every financial year.[2] These returns should be filed before the specified due date. Every Income Tax Return Form is applicable to a certain section of the Assessees. Only those Forms which are filed by the eligible Assessees are processed by the Income Tax Department of India. It is therefore imperative to know which particular form is appropriate in each case. Income Tax Return Forms vary depending on the criteria of the source of income of the Assesses and the category of the Assesses.

Are you facing trouble in Income Tax Return filing? Don’t worry! You are not the only person. Now you don’t need to postpone the task to the last moment. We ensure you smooth and hassle-free Income Tax Return Filing.

Forms Filing:


1. Income Tax Return Forms - ITR-1,2,3,4,5,6,7.

2. Other than ITR forms - 15CA,15CB,15H,etc

3. Tax Audit Forms.

What is Income Tax Return Filing?


Income Tax Return filing is done with the Income Tax Department which shows the Income and Expenditure of the taxpayer and on the basis of such Income and Expenditure amount is calculated on which the tax liability is to be paid by the taxpayer. Income Tax Return filing is done on the basis of PAN (Permanent Account Number); a person must have PAN before Income Tax Return Filing. There are limits prescribed to file the Income Tax Return, if the income of any person exceeds the prescribed limit under the Income-tax, 1961, then it will be the liability of the taxpayer to file the Income tax return and pay the tax. NIL return can also be file if you do not exceed the limit. However it is not a liability of the taxpayer to file the NIL return.

What are the benefits of Income Tax Return filing?


What are the details required in case of income tax return filing?


Basic information such as PAN, Aadhar card number, and detail of current address will be required.

Bank account details will be required of the given financial year. For Income Tax Return filing, it is a mandatory disclosure.

Other disclosures regarding income from salary, fixed deposits, savings bank account are also required.

Information regarding deduction claimed under section 80.

Information regarding TDS and advance tax payments.

Services rendered by HVJ & Associates:


Obtaining PAN, TAN.

Tax Computation

Income Tax Planning and IT Return filing for individuals and corporates.

Obtaining Lower Tax Certificate both for Resident and Non Resident assesses.

Conducting Tax Audit and Submission of Audit Report

Conducting Transfer Pricing Study and Submission of TP Report

Issue of Certification for repatriation of funds from India

Tax planning and tax consultancy for Resident as well as Non Resident assesses

Attending notices issued under Income Tax Law.