File Your Income Tax Return (ITR) Online in India
- Taxes planned and managed by CA, no computer Filing.
- We charge fee for the work quality, hence no free bees.
- Free advise before payment direct from the CA Paras Mehra.
Get Started by Paying Rs. 999/-
All About Online Income Tax Return (ITR) filings in India
Income Tax Return (ITR) after note ban in India
Income Tax Return is the yearly statement filed by every individual to show the income earned during the year and the related taxes paid or not. It has gained serious importance after demonetization and hence, every ITR should be filed with due care. Therefore, it is not recommended to file the Income Tax Return free rather use expert to file the same
#Not Filing Balance Sheet/ P and L
If you are filing the income tax return as self employed and you are not filing the balance sheet or profit & loss account, then your ITR shall become defective return.
Common mistakes to avoid while filing the ITR
People think that filing the Income Tax Return (ITR) is a very simple task and therefore they don't pay attention to the same. However, it should be filed properly to avoid any chances of being in default. Three common mistakes to avoid:
- #Wrong filing of Account Number: If your account number is not correct, your refund shall not be credited to your bank account and hence please recheck the account number and IFSC code while filing the Income Tax Return in India.
- #Filing ITR by Form 16: This is the most common mistake done by the people who file their ITR only using the form 16. However, you must check the other supporting documents like 26AS, Form 16A, saving proof etc.
Who all are liable to file the income tax return?
Every person whose total income is more than the basic exemption limit of Rs.2,50 lakh, then he is liable to file ITR. Further, after note ban, it is recommended to file the ITR properly to avoid any chances of tax notice by Income Tax Department.
Documents Required for Online ITR Filing in India
We need all documents in scan format and no hard copy of documents is required.
In case of Salaried Employee
- Form 16 (TDS Certificate).
- Income tax login and Password.
- Saving Proof (LIC policy, FD etc).
- Copy of Bank Statement to check any other income.
In other cases
- TDS Certificates (like Form 16A).
- Revenue and Expenditure details.
- Details of property purchased or sold (if any).
- Copy of Bank Statement to Check to check any other income.
ITR Filing Process
It takes a days to file the Income Tax Return subject to timely submission of Documents
ITR First Draft
The first draft of ITR is prepared by the CA on the basis of the data submitted.
Verification by Senior CA
The first draft is verified and tax planning is initiated at this stage.
Approval and Filed
Once ITR is final, the same is sent for client approval & then is filed.
Types of ITR form in India
Choose your applicable ITR form according to the income you earned during the year.