ITR Filing

ITR Filing is mandatory if your income exceeds the basic exception limit of 2.5 Lakhs for those below 60 years. Here we tell you the benefits of ITR Filing.

Documents Required

If you are an Employee

PAN Card

Form 16 provided by your employer

Salary slip (each month)

If you are a Business Owner

Trading Report

Business account details

Profit and loss statement if any

Additional Documents which you need to submit

Investment proofs

Asset purchase/sale documents

TDS certificates provided by banks

Interest income statement

Receipts regarding donations mutual funds and other forms of investments

Benefits of ITR Filing

Loans

Bank loans like education loans, vehicle loans, and personal loans, can be availed easily as they require the last three years IT returns.

Visa

As Immigration centers scrutinize many documents and IT returns, proofs are a mandatory document for visa applicants.

Avoid Penalties

Hefty amounts would be charged for non-filing of income tax returns and hence it is always better to file it to avoid legal repercussions.

Who should File an ITR?

Copy of rental agreement and no objection certificate from the owner of the property

Voter ID or Passport or License or Bank statement of the Directors and Shareholders of the Company

Proof of registered office, Latest gas or electricity bill (not older than 1 month), or Property tax receipt

Passport size photograph

Specimen signature or impression

PAN card and Aadhar copy of all the Directors and Shareholders

Packages

₹ 1000

List Item #3

₹ 2000

List Item #3

₹ 3000

List Item #3