What is ITR filing?
ITR filing is the process of reporting your income,
applicable deductions, taxes paid and other required
information to the Income Tax Department through the
applicable Income Tax Return form.
Who can file an Income Tax Return?
Individuals, HUFs, firms, LLPs, companies and other
taxpayers may have Income Tax Return filing obligations
depending on their income, legal status and applicable
provisions.
Which ITR form should I use?
The applicable form depends on your taxpayer status,
residential status, income sources, business or
professional activity and other prescribed conditions.
Can you file ITR for a salaried person?
Yes. Salaried taxpayers can be assisted with preparation
and filing based on Form 16, AIS/TIS information, bank
interest, investments, deductions and other relevant
information.
Can you handle capital gains in ITR?
Yes. Capital-gain reporting can be handled for eligible
transactions such as shares, securities, mutual funds and
property, subject to the applicable tax provisions and
information provided.
Can business and professional income be included?
Yes. Business and professional income can be reported using
the applicable ITR form and tax provisions.
Can ITR be filed online?
Yes. Income Tax Returns are generally filed through the
prescribed electronic filing process, subject to the
applicable rules and taxpayer requirements.
What if I missed the original ITR due date?
Depending on the relevant assessment year and applicable
provisions, a belated return or another permitted
compliance route may be available. The applicable
consequences should be checked for the specific case.
Can you check my tax calculation before filing?
Yes. We can review the income and relevant tax information
before the return is finalised for filing.
How can I contact Legal Chalo?
You can contact Legal Chalo on WhatsApp at
9990363345 to discuss your ITR and Income
Tax filing requirement.