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    ITR Filing

    Income Tax Return Must be Filed by Individuals as well as Companies in India every Year.

    Income Tax Return filing for a Private Limited or Other Entities.

    We serve in filing the returns of the people as well as business entities at the appropriate time. Income tax returns must be filed by individuals and legal entities in India every year.

It is mandatory for individuals, NRIs, partnership firms, LLPs, Companies, Trust to file income tax returns each year. Individuals and NRIs are required to file income tax return, if their income exceeds the exemption limit. Partnership firms are required income tax return - irrespective of amount of income or loss. All companies are mandatorily required to file income tax return. Finally, it is mandatory for most types of trust to file income tax every year, while some types of trusts are required to file return of income if its gross total income exceeds the exemption limit.

DOCUMENTS THAT ARE REQUIRED FOR THE INCOME TAX FILING ARE:- (All copies of documentsshould be self-attested by the customer).

  • PAN number
  • Aadhar copy
  • Income details- Form 16/salary certificate/details of income from salary
  • proof of income from other sources.
  • Bank statement for one year
  • Income tax login password (if any)
  • Mobile number
  • Email id
  • Income Tax Returns:
PROCESS:

First, log on to IncomeTaxIndiaeFiling.gov.in And register on the website.

Your Permanent Account Number (PAN) is your user ID.

View your tax credit statement or Form 26AS. The TDS as per your Form 16 must tally with the figures in Form 26AS. Click on the income tax return forms and choose the financial year.

Download the ITR form applicable to you. If you're exempt income exceeds Rs.5,000, the appropriate form will be ITR-2 (If the applicable form is ITR-1 or ITR 4S, you can complete the process on the portal itself, by using the 'Quick e-file ITR' link - this has been explained below).

Open excel utility (the downloaded return preparation software) and fill out the form by entering all details using your Form 16.

Check the tax payable amount by clicking the 'calculate tax' tab.

Pay tax (if applicable) and fill in the challan details. Confirm all the data provided in the worksheet by clicking the 'validate' tab. Generate an XML file and save it on your desktop.

Go to 'upload return' on the portal's panel and upload the saved XML file.

Proprietorship / Individual:

For an Individual or proprietorship, obtaining the GST registration is easier. There is no need to get the digital signature and registration can be done based on Aadhar based OTP. Essential KYC documents are required.

A pop-up will be displayed asking you to digitally sign the file.

In case you have obtained a digital signature, select 'Yes'. If you have not got digital signature, choose 'No'.

The acknowledgment form, ITR Verification (ITR-V) will be generated which can be downloaded by you.

Take a printout of the form ITR-V and sign it in blue ink. Send the form by ordinary or speed post to the Income-Tax Department-CPC.