Income Tax Services
Income tax returns or ITR are the tax forms used to declare the details of your income to the Income Tax Department to assess the amount you need to pay as income tax in a financial year.Every Indian citizen whose gross total income exceeds the taxable limit must file an ITR.
This implies, individuals and Hindu Undivided Families (HUFs) with total annual income exceeding Rs. 2,50,000 are required to file the income tax returns. For senior citizens (individuals between 60 years and 80 years of age) the threshold is Rs 3,00,000, and that for very senior citizens (aged above 80 years) it is Rs 5.00,000.
Online ITR file or file ITR offline-which is easy?
The ITR file online or Income tax e filing is comparatively easy. To file income tax online; a few documents are only required. If you search how to apply for itr, the e return filing will be shown as an easier process.
There are many advantages of filing ITR online:
- Quick processing: You will get the acknowledgement of ITR promptly.
- Accuracy: E-filing software minimizes errors
- Convenience: E-filing facility is available and can be done at your convenience
- Privacy: The data entered by you are safe as they cannot be accessed by anyone
- Filling of TDS/TCS return(perform)
- Filling of form no. 15-H/G(per sef)
- Form no. 49-a/49-b
- Any other forms filled under the income tax act
- Certificate
- Obtaining lower fax deduction certification from income tax department
- Filling of appeals
- (1) first appeal preparatiion of statement of facts, grounds of appeal,etc.
- (2)second appeal (tribunal)
- Assessments
- Attending scrutiny assessment/appeal
- (1) corporate
- (2) non-corporate
- Attending before authorities
- Attending for rectification/ refunds/appeal effects etc.
- Income tax survey
- T.D.S. Survey
- Income tax search and seizure