Income Tax Return (ITR) Filing

Hassle-Free ITR Filing with Expert Guidance

Filing your Income Tax Return (ITR) can be complex, especially with frequent changes in tax laws and compliance requirements. At Khanna and Associates and Startup Solicitors LLP, we provide seamless and accurate ITR filing services to ensure compliance while optimizing your tax liabilities.

Whether you’re an individual, freelancer, salaried employee, business owner, or NRI, our team of Chartered Accountants and tax experts simplifies the process, ensuring that you maximize your tax savings and file your returns on time.


βœ… Why Choose Us for ITR Filing?

  1. Experienced Professionals:
    Our team consists of seasoned Chartered Accountants and tax experts with in-depth knowledge of Indian tax laws and regulations.

  2. Error-Free Filing:
    We ensure that your returns are filed accurately, minimizing the chances of notices or penalties from the Income Tax Department.

  3. Maximum Tax Savings:
    We help you claim all applicable deductions and exemptions under Sections 80C, 80D, 80G, and others to reduce your tax liability.

  4. Timely Submission:
    Avoid last-minute hassles! We ensure that your returns are filed well before the due date.

  5. Personalized Assistance:
    We provide customized solutions based on your income, investments, and financial goals.


πŸ“ Who Needs to File an ITR?

  • Salaried individuals with income above the basic exemption limit.

  • Self-employed professionals, freelancers, and business owners.

  • NRIs with income earned in India.

  • Individuals with capital gains, rental income, or other sources of income.

  • Companies and LLPs (mandatory filing, even in the case of losses).


πŸ“š Types of ITRs We File

We assist in filing all types of ITRs based on your income profile:

  • ITR-1 (Sahaj): For salaried individuals and pensioners with income up to β‚Ή50 lakh.

  • ITR-2: For individuals and HUFs with income from capital gains, multiple properties, or foreign income.

  • ITR-3: For individuals and HUFs with income from business/profession.

  • ITR-4 (Sugam): For presumptive income from business or profession.

  • ITR-5, ITR-6, ITR-7: For firms, LLPs, companies, and trusts.


πŸš€ Our ITR Filing Process

  1. Document Collection:
    We gather all necessary documents, including Form 16, bank statements, and investment proofs.

  2. Income Assessment & Tax Calculation:
    We analyze your income, apply relevant deductions, and compute your tax liability accurately.

  3. Draft Review & Confirmation:
    A draft return is shared with you for review before submission.

  4. Filing & Acknowledgement:
    We file your ITR and provide you with the acknowledgment and confirmation.


πŸ“„ Documents Required for ITR Filing

  • PAN Card and Aadhaar Card

  • Form 16 / Salary Slips

  • Bank Statements

  • Investment Proofs (PPF, NSC, etc.)

  • Rental Income Details (if any)

  • Capital Gains Statements (if applicable)


πŸ“… Due Dates for ITR Filing

  • Individuals & HUFs: July 31st of the Assessment Year

  • Businesses Requiring Audit: September 30th of the Assessment Year

  • Revised/Belated Return: December 31st of the Assessment Year


πŸ’‘ Benefits of Timely ITR Filing

  • Avoid penalties and interest charges.

  • Carry forward losses for future set-off.

  • Avail tax refunds quickly.

  • Compliance with legal requirements for loans, visas, and financial transactions.


πŸ’¬ Why Timely ITR Filing is Important?

Filing your ITR on time not only helps you stay compliant but also enables you to claim refunds faster, carry forward losses, and avoid penalties. Moreover, regular ITR filing enhances your creditworthiness, making it easier to apply for loans or visas.


πŸ“ž Get in Touch for Professional ITR Filing

Don’t wait until the last minute! Our experts at Khanna and Associates and Startup Solicitors LLP are ready to assist you with all your ITR filing requirements.

πŸ‘‰ Call us at: +91 9461620007
πŸ‘‰ Email us at: info@khannaandassociates.com
πŸ‘‰ Visit us: www.khannaandassociates.com

Let us handle your ITR filing while you focus on your growth!


🌟 FAQs on ITR Filing

Q1. What happens if I miss the ITR filing deadline?
A: Late filing may attract a penalty of up to β‚Ή10,000 and interest on unpaid taxes.

Q2. Can I file a revised return after submission?
A: Yes, you can file a revised return before the end of the assessment year.

Q3. Do NRIs need to file an ITR in India?
A: Yes, NRIs with income earned in India must file an ITR.

Q4. What if I don’t have Form 16?
A: You can still file an ITR using salary slips and bank statements.


Ready to simplify your ITR filing? Contact us today


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