Income Tax Filing

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.

Easy Loan Approval:

Filing the ITR will help individuals, when they have to apply fora vehicle loan (2-wheeler or 4-wheeler), House Loan etc. All major banks can ask for a copy of tax returns.

Claim Tax Refund:

If you have a refund due from the Income Tax Department, you will have to file an Income Tax Return to claim the refund.

Income & Address Proof:

Income Tax Return can be used as a proof of your Income and Address.

Quick Visa Processing:

Most embassies & consulates require you to furnish copies of your tax returns for the past couple of years at the time of the visa application.

Carry Forward Your Losses:

If you file return within due date, you will be able to carry forward losses to subsequent years, which can be used to set off against income of subsequent years.

Avoid Penalty:

If you are required to file your Tax returns but didn’t, then the tax officer deserves the right to impose a penalty of up to Rs. 10,000.