Income Tax Return Filing
Consult with our Chartered Accountants to manage tax appropriately.
Be it a Private or Ltd. Liability company, filing annual tax returns is very important compliance requirement of the country. Based on the type of tax payer, taxes differ.
Our team can support you with accurate tax computation based on income and expense statements, relevant documentation, online filing and getting confirmation from the IT department.
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Our professional team will prepare the necessary documentation and file the income tax return
Key Points to Remember
- It is recommended to first pay the tax due and then file the tax return
- If the tax return filing deadline is missed, it must be submitted as a “belated income tax return”.
- ITR filing is mandatory as per Section 139 of the Income Tax Act 1961. If missed, it attracts a penalty of INR 5,000.