Income Tax Return

ITR filing for Business, Dial ✆ +91-6350652776

Streamline your tax process with Vakilify's expert TDS return filing services.

Benefits 

• Removal of Tax Cascading

• Higher Threshold Benefits

• Startup Advantages

• E-commerce Facilitation

• Enhanced Regulations and Accountability

Procedure 


• Uploading GSTR-1 Return Form

• Auto-generation of Provisional GSTR-2

• Validation and Modification by Purchasing Taxpayer

• Reconciliation of Inward Supplies

• Finalization of GSTR-1, GSTR-2, and GSTR-3 Returns

• Payment of Taxes

Documents Required

• Total Turnover of Last Financial Year

• Details of Outward Supplies

• Credit and Debit Note Details

• Exempted and Export Sales Details

Why Vakilify?

• Simplified Taxpayer Solutions

• Online Tracking Facility

• Flexible Plans

• Secure and Accurate Returns

FAQs

What is Income Tax Return (ITR), and why is it important for individuals and businesses?

Income Tax Return (ITR) is a form used by taxpayers to declare their taxable income, deductions, and tax liabilities to the government. It is essential for individuals and businesses to file their ITRs accurately and timely to comply with tax laws and avoid penalties.

What are the different types of Income Tax Returns, and how do I know which one to file?

There are various types of Income Tax Returns, such as ITR 1, ITR 2, ITR 3, ITR 4, etc., designed for different categories of taxpayers based on their sources of income and other factors. Our experts at Vakilify can assess your eligibility and guide you on selecting the appropriate ITR form.

When is the deadline for filing Income Tax Returns in India, and what happens if I miss the deadline?

The deadline for filing Income Tax Returns in India is usually July 31st of the assessment year for individuals and September 30th for businesses. Failure to file your ITR before the deadline can result in penalties, late fees, and other consequences. Vakilify helps ensure timely filing to avoid such issues.

What documents and information are required for filing Income Tax Returns?

To file your Income Tax Returns, you'll need documents such as PAN card, Aadhar card, bank statements, salary slips, Form 16 (for salaried individuals), investment proofs, property details, and other relevant financial documents. Our experts at Vakilify can provide a detailed checklist based on your specific circumstances.

Can Vakilify assist with Income Tax Return filing for both individuals and businesses?

Yes, Vakilify offers comprehensive Income Tax Return filing services for both individuals and businesses. Whether you're a salaried individual, freelancer, sole proprietor, partnership firm, or corporation, our expert team can handle your ITR filing needs efficiently and accurately.

Can Vakilify assist with Income Tax Return filing for previous years or amendments?

Yes, Vakilify can assist with filing Income Tax Returns for previous years or amendments to rectify errors, update information, or claim missed deductions. Our experts can assess your situation, provide guidance, and facilitate the necessary filings to ensure compliance and peace of mind.

How can individuals and businesses get started with Income Tax Return filing services from Vakilify?

Getting started with Income Tax Return filing services from Vakilify is easy. Simply reach out to us through our website or customer support channels, and our team will guide you through the process. We offer personalized assistance, competitive pricing, and reliable support to meet your tax filing needs.