Income Tax Returns
Income Tax Returns
It is mandatory for every taxpayer to communicate the details of his income to the Income- tax Department. These details are to be furnished in the prescribed form known as return of income.
As per Section 139 (1) of Income Tax Act 2013
Every person, —
(a) being a company or a firm; or
(b) being a person other than a company or a firm, if his total income or the total income of any other person in respect of which he is assessable under this Act during the previous year exceeded the maximum amount which is not chargeable to income-tax, shall, on or before the due date, furnish a return of his income or the income of such other person during the previous year, in the prescribed form and verified in the prescribed manner and setting forth such other particulars as may be prescribed.
Income Tax Filing Due Dates
Category of Taxpayer | Due Date for Tax Filing |
---|---|
Individual / HUF/ AOP/ BOI (books of accounts not required to be audited) | 31st July |
Businesses (Requiring Audit) | 31st October |
Businesses requiring transfer pricing reports (in case of international/specified domestic transactions) | 30th November |
Revised return | 31 December |
Belated/late return | 31 December |
Penalty For Non-Filing of Income Tax Returns
Professional Assistance
CA/CS Assisted
Charges For Income Tax Return Filing in India
OUR PACKAGES
Category of Taxpayer | CHARGES |
---|---|
Salaried Individual + Capital Gain and Loss (except Bitcoin Income /Losses) | ₹1299/- |
Businesses (Non-Audit) | ₹1999/- |
Businesses (Audit) | ₹4999/- |
Revised return | ₹799/- |