Filing an income tax return is not just a compliance checkbox — it is a record of your financial year that banks, investors and visa offices will look at. We file it accurately, claim every legitimate deduction, and keep documentation clean enough to withstand scrutiny.
Which ITR form applies to you
| ITR Form | Who files | Key conditions |
|---|---|---|
| ITR-1 (Sahaj) | Salaried individuals | Total income ≤ ₹50 lakh; salary + one house property + interest income |
| ITR-2 | Individuals & HUFs | Capital gains, foreign income, multiple properties — no business income |
| ITR-3 | Individuals & HUFs | Business or professional income (includes freelancers not on presumptive) |
| ITR-4 (Sugam) | Individuals, HUFs, Firms | Presumptive taxation under Sec 44AD / 44ADA; income ≤ ₹50 lakh |
| ITR-5 | LLPs, Partnerships | Entities other than individuals, HUFs or companies |
| ITR-6 | Companies | All companies except those claiming Sec 11 exemption |
Key due dates
| Category | Due date |
|---|---|
| Individuals (no audit) | 31 July of assessment year |
| Businesses requiring tax audit (Sec 44AB) | 31 October of assessment year |
| Transfer pricing cases | 30 November of assessment year |
| Belated / revised returns | 31 December of assessment year |
Documents we will need
- Form 16 (TDS certificate from employer)
- Form 26AS and Annual Information Statement (AIS) — we pull these for you
- Salary slips and bank statements
- Investment proofs — PPF, ELSS, LIC, NPS, home loan statements
- Rent receipts (if claiming HRA)
- Health insurance premium receipts (Sec 80D)
- For business / freelancers: profit & loss account, balance sheet, GST returns, TDS certificates (Form 16A)
Key deductions — old tax regime
| Section | What it covers | Limit |
|---|---|---|
| 80C | PPF, EPF, ELSS, LIC, NSC, home loan principal, tuition fees | ₹1,50,000 |
| 80CCD(1B) | Additional NPS contribution | ₹50,000 (over and above 80C) |
| 80D | Health insurance — self + family | ₹25,000 (₹50,000 for senior citizens) |
| 80D | Health insurance — parents | Additional ₹25,000 / ₹50,000 |
| 80E | Interest on education loan | No upper limit |
| 24(b) | Home loan interest (self-occupied) | ₹2,00,000 |
| Standard deduction | From salary income | ₹50,000 (both regimes) |
New tax regime note: most deductions under Chapter VI-A are not available. Only the standard deduction and employer NPS contribution (80CCD(2)) apply. We compare both regimes for every client and recommend the one that saves more.
Advance tax
Anyone whose tax liability after TDS exceeds ₹10,000 in a financial year must pay advance tax in four instalments.
| Instalment | Due date | Cumulative % |
|---|---|---|
| 1st | 15 June | 15% |
| 2nd | 15 September | 45% |
| 3rd | 15 December | 75% |
| 4th | 15 March | 100% |
Freelancers on presumptive taxation (Sec 44AD / 44ADA) can pay the entire amount by 15 March. We calculate your advance tax and remind you before every deadline.
Tax notice handling
A notice from the income tax department is not always a problem — but ignoring it is. We handle responses end to end.
- Section 143(1) — automated intimation for mismatches. We reconcile and file rectification if needed.
- Section 143(2) — scrutiny assessment. We prepare documentation and represent you via e-Proceedings.
- Section 148 — reassessment notice for income believed to have escaped assessment. Professional response is critical.
- Section 245 — refund adjustment against outstanding demand. We verify and respond within 30 days.