Income Tax Return Filing Made Simple & Reliable

Ensure compliance, claim refunds, and strengthen your financial records with expert-guided ITR filing by Chintan Agrawal & Co. — your trusted Chartered Accountant partner.

Whether you’re a salaried professional, business owner, NRI, or freelancer — our experienced team ensures accurate, timely, and stress-free return filing that aligns with your financial goals.

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What is Income Tax Return (ITR) and Why is it Important?

An Income Tax Return (ITR) is a formal declaration submitted to the Income Tax Department of India, reporting your income, deductions, taxes paid, and any refund claimed for a specific financial year. It is a legal obligation for eligible individuals and entities, and also a smart financial move for long-term benefits.

  • Ensure Legal Compliance: Filing ITR keeps you compliant with Indian tax laws and avoids penalties.
  • Claim Tax Refunds: If excess TDS or advance tax was paid, filing ITR is essential to get refunds.
  • Build Financial Credibility: ITR documents are vital for visa applications, loans, and tenders.
  • Carry Forward Losses: Filing ITR enables you to carry forward capital or business losses to future years.
  • Proof of Income: Serves as official income proof for self-employed professionals and freelancers.
GST registration process

Eligibility Criteria For Income Tax Returns (ITR) Filing

Individuals or companies that fall under the following criteria should file IT returns in India:

  • ✔️

    Salaried professionals whose gross annual income surpasses the prescribed exemption limit—prior to claiming deductions under Section 80C and Section 80U—are required to file Income Tax Returns (ITR).

  • ✔️

    Private Limited Companies and Limited Liability Partnerships (LLPs) must file ITRs mandatorily, irrespective of whether they incur a profit or a loss during the financial year.

  • ✔️

    Individual directors or partners holding positions in private limited companies or limited liability partnerships should file income tax returns onlinePrivate Limited Companies and Limited Liability Partnerships (LLPs) must file ITRs mandatorily.

  • ✔️

    Individuals serving as directors or partners in private companies or LLPs are obligated to file their income tax returns through the online portal.

  • ✔️

    Individuals receiving income from multiple investment sources, such as mutual funds, equity shares, fixed deposits, interest income, or bonds, should file their ITRs to ensure accurate financial disclosures.

  • ✔️

    Non-Resident Indians (NRIs) earning income in India are required to file income tax returns in accordance with their residential status and source of income under Indian tax laws.

GST registration process

Types of Income Tax Filing

Salaried Individuals

Form 16 based filing with deductions and exemptions

Business & Freelancers

Presumptive income under 44ADA/44AE, GST reconciliation

Capital Gains Filers

Real estate, equity, mutual funds with indexation benefits

NRI Tax Filings

DTAA, exempt income, India-sourced income, TDS refunds

Senior Citizens

Pension, interest income, Form 15H/15G compliance

HUF & Trusts

Family partition, trust compliance and audit filings

Benefits Of Income Tax Filing

Process of income tax filing

GST Compliance Info

Data & Information We Need

Form 16

Issued by employer for salary income, TDS, allowances, etc.

Bank Statements

Annual statement for interest income and transaction proofs.

PAN & Aadhaar

Mandatory personal identity documents for verification.

Investment Proofs

For deductions under 80C, 80D, NPS, home loan interest, etc.

Rental Income & Property Tax

Rental agreements, municipal receipts, and interest on housing loan.

Capital Gains Details

Sale of property, shares, mutual funds with cost and sale value.

Frequently Asked Questions

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