ITR Filing Service in Amritsar
Seeking an ITR filing consultant in Amritsar? We’re a team of Chartered Accountants (CAs) and tax advisors in Amritsar, offering income tax filing assistance. Get seamless ITR filing services promptly. Our Amritsar team will prepare a draft ITR and income computation (COI) using your documents, AIS, TIS, and 26AS. Upon your approval, we’ll file your income tax return online. Plus, our team will provide valuable tax-saving recommendations.
Seeking an ITR filing consultant or CA in Amritsar
Income Tax Filing Help in Amritsar
Looking for expert assistance with filing your Income Tax Returns in Amritsar? With a steady increase in tax filings and taxpayers each year, Amritsar stands as a bustling hub in the region. The city’s growing startup and business scene have led to more individuals being employed. Consequently, ensuring meticulous Income Tax Return Filing has become essential for residents and businesses across Amritsar and its surroundings. Thus, filing Income Tax Returns for employed professionals, business entities, and companies has become a crucial task in Amritsar.
In Amritsar, taxpayers come from various backgrounds, including employees, small businesses, corporations, investors, and traders. Additionally, individuals in Amritsar earn income from both government and private sector employment. Recognizing this diverse taxpayer landscape, our team of Chartered Accountants (CAs) and Tax Lawyers in Amritsar specializes in Income Tax Filing.
We offer comprehensive Income Tax Services, providing customized ITR filing and tax planning solutions for Amritsar residents. Our aim is to simplify the Income Tax filing process, ensure compliance, and offer valuable tax-saving advice.
Income Tax Return (ITR) Filing in Amritsar - Completed in a Single Day
Inquire and Connect with Our Amritsar Tax Specialist. Send us your documents for ITR Filing in Amritsar.
Our team in Amritsar will create a draft of your Income Tax Return, calculate your income, and determine your taxes based on the information provided.
Our Chartered Accountant specialized in Amritsar ITR will review the draft ITR and COI. We’ll then share the final draft with you based on their recommendations.
After finalization, we’ll submit the ITR for our Amritsar clients. Additionally, we’ll provide CA-certified ITR and COI with doorstep delivery in Amritsar.
Cost of Income Tax Filing Help in Amritsar
Charges for ITR Filing Assistance in Amritsar:
- Salary Return: Rs. 1000
- Shares & Capital Gain Return: Rs. 2500
- Amritsar Small Business ITR: Rs. 2000
- Partnership Firm / LLP of Amritsar Location ITR: Rs. 3000
- Company ITR: Rs. 3000
- Trust ITR: Rs. 5000
- CA – Tax Audit for Amritsar Client (if Required): Starting Rs. 10,000/-
Documents Required for Income Tax Filing in Amritsar
When opting to file Income Tax Returns in Amritsar, essential occupation documents include:
Salaried Individual: Form 16
Small Business Owner: Bank Statement
Capital Gain: Bank Statement, Additional Income Information, and Property Sale
Details F&O Trading or Share Transactions: Bank Statement, F&O Profit and Loss Statement, Capital Gain Tax Report
Medium to Large Business: Accounting Books, GST Turnover, Sales and Purchase Records, etc.
Details of Deductions under Section 80C and Investment Information for Tax Purposes
Additionally, PAN, Aadhar Card, and Bank Account Details are necessary for first-time ITR filers.
For a comprehensive list of required documents for ITR filing, click here.
Options of ITRs for Tax Declarations in Amritsar: Individuals, Small Businesses, Corporations
Let’s Explore ITR Forms for Citizens, Companies, and Firms Registered in Amritsar.
ITR-1: Covers Salary and Interest Income in Amritsar (Up to 50 lakhs).
ITR-2: Includes Income from Capital Gain/Loss on Amritsar Property, Investment in Shares and Mutual Funds, Agricultural Income, etc. Individuals or HUFs with Business and Professional Income Cannot file ITR 2.
ITR-3: Suitable for Business and Professional Income of Amritsar Entrepreneurs.
ITR-4: Designed for Amritsar-Based Businesses Opting for Presumptive Taxation (Lumpsum).
ITR-5: Applicable for Partnership Firms and LLPs in Amritsar.
ITR-6: Applicable for Companies (Amritsar Location Pvt Ltd, Limited, Section 8, etc).
Income Tax Assistance for Salaried Individuals in Amritsar
Need help with filing your Salary Income Tax Return? At ITR Hub, we offer affordable packages for Salaried Individuals in Amritsar, starting from just Rs. 500/-. Additionally, our Advisor can assist you in claiming TDS Refunds from the Income Tax Department in Amritsar.
When filing your Income Tax Return as a Salaried Individual, a crucial decision is choosing between the Old Income Tax Regime and the New Tax Regime (Default). We provide personalized analysis to help you make the best choice.
Contact our CA for expert ITR Filing Assistance in Amritsar. Just send us your Salary Details or Form 16 for this financial year, and we’ll ensure your ITR is filed promptly.
Advantages of Filing Income Tax Returns in Amritsar
In Amritsar, timely filing of Income Tax Returns (ITR) offers several important advantages. Firstly, it ensures compliance with tax regulations, protecting individuals and businesses from penalties and interest charges. This not only encourages financial responsibility but also highlights accountability in tax matters. In Amritsar’s vibrant economic landscape, filed ITRs expedite the approval process for various loan applications. Moreover, they improve the chances of visa approvals, as foreign embassies scrutinize tax compliance. Filing ITRs also facilitates potential tax refunds, strengthening overall financial stability. Additionally, in a city where government programs are income-based, filed ITRs serve as essential documentation, enabling residents to access benefits under various schemes, validating their eligibility.
Dealing with Income Tax Notices in Amritsar? We offer support in Amritsar
If you’ve received an Income Tax Notice in Amritsar, don’t worry! Our Income Tax Notice Response Service is here to help. We have a team of experts knowledgeable in tax laws, who will manage the response process for you. They’ll carefully review the notice, collect required information, and ensure everything is resolved accurately. With us handling the tax notice, you can relax and alleviate any concerns – we’ve got your back!
Income Tax Audit Management in Amritsar
Discover our Income Tax Audit Assistance in Amritsar, where our team, led by seasoned Chartered Accountants, simplifies the intricacies of income tax compliance. Undergoing an audit? Our experts ensure a seamless process, meticulously reviewing your financial records and addressing any potential issues. With our comprehensive service, including the expertise of Chartered Accountants, we provide peace of mind, enabling you to focus on your core activities while we manage your tax matters accurately. Count on us to guide you through the audit process efficiently and effectively.
CA Tax Audit Required if Business has
Turnover exceeding One Crore //OR// Profit falls below 6 Percent or 8 Percent
For Professionals, Tax Audit Required if Gross Receipts exceed 50 Lakhs or Profit is less than 50 Percent.
ITR Hub in Amritsar & Nearby Areas
ITR Adda Office – Near Amritsar Location ( Soon)
Maviya Road, Civil Lines, Amritsar, 143001
Also We are Providing ITR Filing Service in District of Gurdaspur, Tarn Taran, Firozpur etc.