Income Tax e-Filing for Salaried Individuals and Business Persons. File ITR-1 to ITR-7 tax returns with Tax Rupees
The Ultimate Income Tax Filing Checklist for Indians
How to File Your Personal Taxes in India like a Pro: A Comprehensive Guide
Maximizing Your Tax Savings in India Tips and Tricks
A Beginners Guide to Indian Income Tax Filing in 2023
GST Return Filing Everything You Need to Know
Comprehensive Guide to GST Registration :: How to Register for GST in India
Understanding the Basics of GST: A Beginner's Guide
|ITR-1||ITR-1 form can be used by Individuals who have less than Rs.50 Lakhs of annual income earned by way of salary or pension and have one house property only.|
|ITR-2||ITR-2 form must be filed by individuals who are NRIs, Directors of Companies, shareholders of private companies or having capital gains income, income from foreign sources, two or more house property, income of more than Rs.50 lakhs.|
|ITR-3||ITR-3 form must be filed by individuals who are professionals or persons who are operating a proprietorship business in India.|
|ITR-4||ITR-4 form can be filed by taxpayers enrolled under the presumptive taxation scheme. To be enrolled for the scheme, the taxpayer must have less than Rs.2 crores of business income or less than Rs.50 lakhs of professional income.|
|ITR-5||ITR-5 form must be filed by partnership firms, LLPs, associations and body of individuals to report their income and computation of tax.|
|ITR-6||ITR-6 form must be filed by companies registered in India.|
|ITR-7||ITR-7 form must be filed by entities claiming exemption as charitable/religions trust, political parties, scientific research institutions and colleges or universities.|
If you don't see an answer to your question, you can send us an email from our contact form.
It's a recommended structure through which an individual can outfit the subtleties of his/her pay acquired through various kinds of revenue and duties paid for the significant monetary year to the Income Tax Department
YES, you are expected to record your annual expense form in the event that your pay surpasses Rs. 2,50,000 in a Financial Year for example the essential exception limit without giving impacts to an deduction/investments.
E-Filing is compulsory in specific cases. For instance, assuming your complete pay surpasses Rs. 5,00,000 p.a. or on the other hand to guarantee discount then you are obligatorily expected to e-record your Income Tax Return. It is a lot less difficult interaction than recording a paper return and furthermore your discounts are handled quicker assuming that your return has been E-Filed.
You can yourself e-record your return with us free of charge by utilizing our site. It is a basic, secure, and completely computerized stage for you to document your Income Tax Return. Assuming you need a specialist helping you through this interaction, you can purchase our 'CA-Assisted Plans' beginning from just Rs. 299 as it were.
Excluded Incomes are not chargeable to burden according to Income Tax regulation for example they are excluded from the complete pay with the end goal of expense estimation while Taxable Incomes are chargeable to burden under the Income Tax regulation.
No, you can't guarantee derivation for individual consumptions while figuring your annual duty according to the Income Tax Laws.
Customer satisfaction is our major goal. See what our customers are saying about us.
"A big thanks to the Tax Rupees team for making GST returns simple and easy for us. Rather than requiring 7 to 8 days to do compromise, presently it's simply a question of hours. The people there help us at any given time."
"Excellent service at a reasonable cost. You can do everything from the comfort of your own home and have all of your company registration documents delivered, which I thought was impossible. You saved a significant amount of time and money."
"Tax Rupees handled all of the documentation and filings required to get my startup company up and running. I went for LLP registration, and Tax Rupees expertly guided me through all of the processes and kept me up to date"
"Our experience with Tax Rupees has been amazing and their method of execution is excellent and simply amazing. I would like to continue working with TR for a longer period of time."
"I've been using TaxRupees for a year. My personal interactions with them have been very positive and responsive. They follow up on GST, TDS, and other statutory compliance in a timely and efficient manner. I also used their services for the new Private Limited Company we formed in June 2020."
"I had a very positive experience with Tax Rupees. They were quick to assist with all of my work and provided all related services in a timely manner. I recommend them to any individual or business that is looking to incorporate."