File Your Income Tax Return with Confidence
Expert-assisted ITR filing for FY 2025-26. From salaried professionals to high-net-worth investors, we ensure 100% accurate compliance with the latest Finance Act.
AY 2026-27 Key Dates
Portal opens April 2026. Pre-validate your bank account to avoid refund delays.
Who Must File an ITR?
Salaried Individuals
If your income exceeds the basic exemption (₹3L in New Regime), filing is mandatory under Section 139(1).
Business Owners
All Firms and LLPs must file regardless of profit or loss to carry forward business setbacks.
High Transactions
Mandatory if electricity bills > ₹1L, foreign travel > ₹2L, or savings deposits > ₹50L in a year.
Expert Note
Filing an ITR provides legal income proof for loan eligibility and Visas, even if your income is below the taxable limit.
Correct ITR Form Selection
Using the wrong form can result in a ‘Defective Return’ notice.
| Form | Eligible Income Sources | Exclusions |
|---|---|---|
| ITR-1 (Sahaj) | Salary, 1 House Property, Interest Income < ₹50L. | Directors, NRIs, Capital Gains. |
| ITR-2 | Capital Gains, Foreign Income, >1 Property, Income > ₹50L. | Business/Professional Income. |
| ITR-3 | F&O Traders, Business Income, Audit Cases, Partners. | Individual without business income. |
| ITR-4 (Sugam) | Presumptive Income (44AD/ADA) for small businesses. | Turnover > ₹2Cr or Foreign Assets. |
Checklist: Documents Required
Gather these before you start to avoid reconciliation errors with AIS/TIS.
Identity
- PAN & Aadhaar Number
- Bank Account with IFSC
Income Slips
- Form 16 (from Employer)
- Form 26AS (Tax Credit)
Statements
- AIS & TIS Statement
- Capital Gains Statement
Penalties for Late Filing
Compliance delays are expensive under Section 234F.
Section 234F: Fees
Other Impacts
- No Carry-Forward of Trading Losses
- Inability to Revise the Return
FAQs
What is the ITR deadline for individual taxpayers?
Is it mandatory to link PAN and Aadhaar?
Ready to File Your ITR?
CA-assisted filing starting from ₹499. Accurate, timely, and worry-free compliance.
