Tax Services
Income Tax Filing
INR 749/- only
What is Income Tax Return Filing?
Income Tax is a Direct Tax levied on the personal income of the assessee. It is governed by the Income Tax Act 1961, Income Tax Rules 1962 and the Finance Act. Thus, Income Tax Return is basically a reporting made to the Income Tax Department for all the income earned by the assessee from all the heads of income (Income from Salary, Income from House Property, Income from Business and Profession, Income from Capital Gains and Income from Other Sources) during the Previous Year. The total income earned in the previous financial year is calculated in the Assessment Year and tax liability thereof is paid to the Government as per the tax slabs.
Pricing Plan for Salaried Individual
Salary or House Property Income
- Covers Income from : Salary
- Multiple Salary Slip ( Job Switch )
- Withdrawal from Provident fund or Bank Deposits
- House Property
- Donation Received
Capital Gain Income
- Covers Income from : Basic Plan
- Capital Gains from Stock Market Investment, Mutual Funds, and Property
- Capital Gain from Gaming or Awards
Foreign Assets & Income
- Covers Income from : Standard Plan
- Income earned outside India
- Income earned in India for NRE, NRO A/c
- DTAA Guidance
Pricing Plan for Self Employed And Business
For Professionals, Freelancers, or Small Business
- Covers Income from :
- Annual Turnover< Rs. 2 Cr for Businesses and Gross Receipts< Rs. 50 Lacs for professionals
- Income for Professionals (like Doctors, Lawyers, Freelancers) and Small Business Owners
- Includes Capital Gains, House Rent Income, and Other Incomes
For Business
- Covers Income from :
- Annual Turnover > Rs. 2 Cr for Businesses and Gross Receipts > Rs. 50 Lacs for Professionals
- Preparation of Balance Sheet and P/L Account
- Includes Capital Gains, House Rent Income, and Other Incomes
Documents Required for Income Tax filing
- PAN Card
- Aadhaar Card
- Bank Statement
- Details of Income and Expenses
- Login Credentials
- Documents for claiming deductions
How to File Income Tax Return in India
- Submission of documents
- Verification of documents
- Preparation of Return
- Filing of Return
- Acknowledgement generation
Tax Slab for Assessment Year (AY) 20-21 for individual tax payer below 60 years of age and HUF
UPTO 2,50,000 | NIL |
2,50,001 TO 5,00,000 | 5% OF THE TOTAL INCOME EXCEEDING 2,50,000 |
5,00,001 TO 10,00,000 | 12,500 + 20% OF TOTAL INCOME EXCEEDING 5,00,000 |
ABOVE 10,00,000 | 1,12,500 + 30% OF THE TOTAL INCOME EXCEEDING 10,00,000 |
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INCOME TAX RETURN FILING
Filing ITR is made simple by Advisorate
