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Income Tax Return Filing in Dwarka

 

ITR Filing in Dwarka, CA Near me, Best ITR Consultant in Dwarka, ITR in Dwarka , ITR Consultants in Dwarka, ITR Procedure in Dwarka, ITR Filing, ITR Status in Dwarka, Income tax refund status, ITR in Dwarka, CA In Dwarka

Who is Eligible for Filing of ITR

  • A person who has a PAN number can file an Income Tax Return (ITR).

Benefit  or Advantages for Filing ITR 

  • Proof of White Income
  • Easy to get loan like home loan, personal loan and vehicle loan etc
  • For Visa purpose
  • For claim of refund if any 
  • Avoid tax penalties.

Disadvantages for Filing ITR 

Only fees paid to  professionals for filing of ITR. Otherwise No disadvantages

Type of Income tax Return Form in which the assessee shows his/ her income and tax to the income tax department. Forms are

ITR 1:  For individuals being a resident having total income upto Rs.50 lakh, having Income from Salaries, one house property, other sources (Interest etc.), and agricultural income upto Rs.5 thousand

ITR 2:  For Individuals and HUFs not having income from profits and gains of business or profession

ITR 3:  For individuals and HUFs having income from profits and gains of business or profession

ITR 4:  For Individuals, HUFs and Firms (other than LLP) being a resident having total income upto Rs.50 lakh and having income from business and profession which is computed under sections 44AD, 44ADA or 44AE

ITR 5:  For persons other than- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7

ITR 6:  For Companies other than companies claiming exemption under section 11

ITR 7: For persons including companies required to furnish return under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) only

ITR-V:  Where the data of the Return of Income in Form ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-7 filed but NOT verified electronically

Acknowledgement: Where the data of the Return of Income in Form ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, ITR-7 filed and verified

How to File Income Tax Return 

You can mail at goyalmanoj8@gmail.com or Whatsapp at 9810166145

List of documents for filing ITR

Provide Data : Like Pan card , Aadhar card, Bank Statement , Form 16 , Investment proof, Any other income Detail etc

Losses Carry forward

When you file a belated return, you are not allowed to carry forward certain losses.

When will my income tax refund come?

Income tax return filed and Verified then processed by the department. After that government release the refund generally within 30days

Who is eligible for income tax refund?

A person who paid more than tax as he is liable to pay, then person file return and eligible for claim refund from the department