Expert Tax Solutions

Income Tax Filing & Planning Services

Professional income tax return preparation, filing, and strategic tax planning services. Maximize your deductions and ensure compliance with expert chartered accountant guidance.

All ITR Types Covered
Maximum Tax Savings
Notice Handling Support

Complete Income Tax Solutions

Income tax filing is a crucial annual requirement for individuals and businesses in India. Our chartered accountants provide comprehensive income tax services including ITR preparation, filing, tax planning, and ongoing support to ensure compliance while maximizing your tax benefits.

Whether you're a salaried individual, self-employed professional, business owner, or managing a company, we handle all types of income tax returns with precision and expertise. Our proactive approach helps you save taxes legally and avoid penalties through proper planning and timely compliance.

Our Income Tax Services Include

ITR Filing (All Types)

  • • ITR-1 (Sahaj) for salaried individuals
  • • ITR-2 for individuals with capital gains
  • • ITR-3 for business and professional income
  • • ITR-4 (Sugam) for presumptive taxation
  • • ITR-5, ITR-6, ITR-7 for entities and trusts

Tax Planning & Advisory

  • • Investment planning under Section 80C
  • • Tax-saving strategies and structures
  • • Advance tax calculation and payment
  • • HRA and other allowance optimization
  • • Capital gains tax planning

Notice Handling & Appeals

  • • Income tax notice response and handling
  • • Assessment proceedings representation
  • • Appeals to CIT(A) and ITAT
  • • Penalty mitigation and defense
  • • Rectification applications under 154

TDS & Compliance Support

  • • TDS return filing (quarterly)
  • • TDS certificate verification and correction
  • • Form 26AS reconciliation
  • • Lower deduction certificate applications
  • • TDS compliance for businesses

Our Income Tax Filing Process

1

Document Collection & Review

We collect all necessary documents including Form 16, investment proofs, bank statements, and other income sources. Our team reviews everything to ensure completeness and accuracy before proceeding.

Timeline: 1-2 days

2

Tax Computation & Planning

Our chartered accountants compute your tax liability, identify available deductions and exemptions, and suggest tax-saving opportunities for the current and future years.

Timeline: 2-3 days

3

ITR Preparation & Quality Check

We prepare the appropriate ITR form, ensure all income sources are reported correctly, deductions are claimed optimally, and perform a thorough quality check before filing.

Timeline: 1-2 days

4

Electronic Filing & Verification

Your ITR is filed electronically on the income tax portal. We handle the e-verification process using Aadhaar OTP, net banking, or physical ITR-V submission as required.

Timeline: Same day

5

Post-Filing Support & Follow-up

After successful filing, we provide you with acknowledgment, track refund status if applicable, and offer ongoing support for any queries or notices that may arise during the assessment.

Outcome: Compliant tax filing with ongoing support

Documents Required for Income Tax Filing

For Salaried Individuals

  • Form 16 from employer(s)
  • Salary slips (latest)
  • Investment proof (80C, 80D, etc.)
  • Bank interest certificate
  • House rent receipts (if claiming HRA)
  • Form 26AS from income tax portal

For Business/Professional Income

  • Profit & Loss Account
  • Balance Sheet (if applicable)
  • Books of accounts and vouchers
  • TDS certificates (Form 16A)
  • Advance tax payment receipts
  • Previous year's ITR acknowledgment

Note: Document requirements may vary based on income type and specific circumstances. Our team will provide a complete checklist during consultation.

Types of Income Tax Returns (ITR)

ITR-1 (Sahaj)

For individuals with salary income, one house property, and income up to ₹50 lakhs.

Suitable for: Salaried employees, pensioners with simple income structure

ITR-2

For individuals and HUFs with capital gains, foreign income, or multiple house properties.

Suitable for: Individuals with capital gains, foreign assets, or complex income

ITR-3

For individuals and HUFs having income from business or profession.

Suitable for: Business owners, professionals, consultants, freelancers

ITR-4 (Sugam)

For individuals opting for presumptive taxation scheme under sections 44AD, 44ADA, or 44AE.

Suitable for: Small businesses, professionals with turnover below prescribed limits

Benefits of Professional Income Tax Services

Maximum Tax Savings

Our experts identify all available deductions and exemptions to minimize your tax liability legally while ensuring full compliance with income tax laws.

Error-Free Filing

Professional preparation eliminates computational errors and ensures accurate reporting, reducing the risk of notices and penalties from income tax department.

Strategic Tax Planning

We provide ongoing tax planning advice to help you make informed financial decisions and optimize your tax position for current and future years.

Notice Support

Complete support for income tax notices, assessments, and appeals with professional representation to protect your interests and minimize additional tax demands.

Frequently Asked Questions

What is the deadline for filing income tax returns?

For individuals, the deadline is July 31st for the previous financial year. For businesses requiring audit, the deadline is October 31st. Late filing attracts penalties, so timely filing is crucial.

Can I claim deductions under both old and new tax regimes?

No, you must choose between old and new tax regimes. The old regime allows various deductions under sections 80C, 80D, etc., while the new regime offers lower tax rates but limited deductions. We help you choose the optimal regime.

What happens if I receive an income tax notice?

Income tax notices require prompt response within specified timeframes. Our team analyzes the notice, prepares appropriate responses, and represents you before tax authorities to resolve matters efficiently.

How can I track my income tax refund status?

Refund status can be tracked on the income tax e-filing portal using your PAN and assessment year. We monitor refund status for our clients and follow up with authorities if there are delays.

Do I need to file ITR if my income is below taxable limit?

While not mandatory, filing ITR is beneficial for claiming refunds, loan applications, visa processing, and maintaining financial records. We recommend filing even if income is below taxable limits.

What are the penalties for late filing of income tax returns?

Late filing penalty is ₹5,000 for income above ₹5 lakhs and ₹1,000 for income below ₹5 lakhs. Additional interest and prosecution provisions may apply. Professional filing helps avoid these penalties.

Get Income Tax Filing & Planning Quote

Contact our chartered accountants for professional income tax filing & planning services.

Need Immediate Help?

Office Hours:

Monday - Saturday

10:00 AM - 7:00 PM

Professional Tip

Filing income tax returns on time helps maintain a good credit score and enables you to claim refunds quickly. Professional preparation ensures maximum deductions and compliance with changing tax laws.

Ready for Professional Income Tax Services?

Let our experienced chartered accountants handle your income tax filing and planning. Maximize your tax savings and ensure compliance with expert professional guidance.

Professional income tax filing & planning services in Virar, Maharashtra | Call: +91-7709-162152