Income Tax Returns
ITR - 1
For Individuals having Income from Salaries, one house property, other sources (Interest etc.) and having total income upto Rs.50 lakh
Know MoreITR - 2
For Individuals and HUFs not carrying out business or profession under any proprietorship & partners in a firm.
Know MoreIt 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 trusts 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.
Income tax return form can be e-filed or manually filed. Income tax returns do not have the ability to accept any attachment while e-filing or manually filing. Hence, all relevant documents pertaining to the income tax filing like proof of investment, TDS certificates, pay slip, rent receipt, etc. must be retained by the taxpayer and should be readily available if requested by tax authorities during assessment, inquiry, etc.
SimpliTax is the largest business services platform in India, offering a variety of services like company registration, trademark registration, GST registration, income tax filing and more. SimpliTax can help you file income tax returns. Get a free consultation for income tax filing through SimpliTax by scheduling an appointment with a SimpliTax Advisor.
How we help with income tax return filing
SimpliTax can help you with income tax return filing.
Free Consultation? Request a call from the SimpliTax Business Advisor.
Document Collection
A SimpliTax Income Tax Expert will collect the necessary information and documents for preparation of income tax return.
Return Prepartion
Based on the documents and information presented, a SimpliTax Expert will prepare your return and send you the workings for your approval.
Return Filing
Once the tax return is verified and accepted by you, our Tax expert will file your tax return with the Income Tax Department.