File Income Tax Return
You focus on your Creative Ideas and Business Expansion, Leave your Tax Compliances on TaxRodo.
Plan starts from
₹ 490/-
₹ 430/-
➦ Salary Income
➦ Income From House Property
➦ Presumptive Business Income
➦ Regular Business income
➦ Capital Gain Tax
File Income Tax Return
File Income Tax Return with TaxRodo
Plan starts from ₹430/- only
A PAN holder having income above the basic exemption limit is required to file Income Tax Return for every Financial Year. These days income tax department accepts online ITRs for most of the assessees. In Income Tax Returns there is no option do the attachments. Hence, assessee is required to maintain the documentary evidence pertaining to the income tax returns like proof of investment, TDS certificates, pay slip, rent receipt, etc. Income Tax department can ask for theses documents at the time of assessment.
All companies are mandatorily required to file income tax return. Partnership firms are also required income tax return – irrespective of amount of income or loss.
Note Down The Documents Required To File Income Tax Return
For Salaried Person
- PAN Card
- Aadhaar Card
- Form-16 (In case form 16 not available, please share the Employer name and address)
- Bank Statement with IFSC for the complete financial year
- Email ID and Aadhaar linked mobile no.
For Other Assessees
- PAN Card
- Revenue & Expenditure Detail (Financial Statements)
- Detail of property purchased & sold (if any)
- Bank Statement for the complete financial year
What We Do?
✓ Filing of ITR
✓ Income Tax Computation
✓ Assistance with e-verification of ITR
✓ Assistance in payment of taxes
✓ Advance Tax Calculation
✓ Expert Assistance
Key Benefits of Income Tax Return Filing
Loan Approval
ITR filing helps in getting ears loan approvals. All major banks may request tax returns copy at the time of processing of loan application.
Tax Refund
You must file income tax return to claim a refund of income tax.
Quick Visa Processing
Most embassies and consulates require you to provide copies of their tax returns at the time of the visa application during the last few years..
FAQs to Register Private Limited Company
Income tax is tax levied on the income of a person by the Government of India as per the provisions contained in the Income Tax Act 1961. It is levied on income earned during the year starting from 1st April and ending 31st March.
An Income Tax Return is a statement of income earned to calculate tax liability and payment or refund of taxes. Thus, the purpose of filing the return is to report our income and taxes paid thereon to the government.
Previous Year is the financial year in which the income is earned. The income earned during this previous year is charged to tax in Assessment Year, which is the year after previous year. For example for the Income earned in Financial Year (Previous Year) 2020-2021 the assessment of tax is carried out in 2021-2022. Thus 2021-2022 is the Assessment Year.
Yes, a person must have PAN in order to proceed for filing of income tax return.
26AS is a consolidated statement showing the tax credit associated with our PAN. It shows how much tax has been received by government by way of TDS deposited by deductor (employer, bank) on our behalf, Advance tax deposited by us, self-assessment tax deposited etc.
Yes, return filing is mandatory if your taxable income is above the basic exemption limit prescribed under Income Tax Act. You can claim benefit of tax credit or get refund only if your return is filed.