ITR Filing Service in Hyderabad
Are you seeking an ITR filing consultant in Hyderabad? Look no further! We’re a team of Chartered Accountants and tax consultants based in Hyderabad, offering hassle-free ITR filing services. Our Hyderabad-based consultants will prepare a draft ITR and compute your income based on your documents, AIS, TIS, and 26AS. Upon your approval, we’ll file your income tax return online. Additionally, we’ll provide you with tax-saving suggestions to optimize your returns. Experience convenient tax filing with ITR Filing Service in Hyderabad and simplify your tax filing process.
Looking For ITR Filing Consultant/CA in Hyderabad?
Seeking Tax Filing Help in Hyderabad
Seeking expert assistance for Income Tax Return filing in Hyderabad? With Hyderabad witnessing a steady rise in taxpayers each year, especially due to the burgeoning startup and business scene, filing your Income Tax Returns has become increasingly crucial for individuals and businesses alike. Let us help you navigate through the process!
In Hyderabad, there are five main types of people who pay taxes, including those who earn salaries, run small businesses, work in large companies, invest in the stock market, and trade in futures and options. Additionally, individuals in Hyderabad may have income from both government jobs and private jobs. Our team consists of professional Chartered Accountants (CAs) and Tax Lawyers who are experts in filing Income Tax Returns (ITR) and providing tax planning services tailored specifically for taxpayers in Hyderabad.
We offer a convenient solution for ITR filing services in Hyderabad and provide assistance to those seeking help with tax filing in Hyderabad. Our goal is to make the income tax filing process easier for individuals and businesses in Hyderabad, ensuring they comply with regulations and offering valuable advice on saving taxes.
Fast-track ITR Filing in Hyderabad
Inquire and Get Connected with Our Tax Specialist in Hyderabad. Send us Your Documents for Income Tax Filing in Hyderabad.
Our Hyderabad Team will Create a Draft Income Tax Return, Calculate Your Income, and Determine Your Taxes Using the Information Provided.
Our Chartered Accountant in Hyderabad Dedicated to ITR will Review the Draft ITR and Income Computation. We’ll Share the Final Draft with You Based on Their Suggestions.
After Finalizing, We’ll Submit Your ITR for Hyderabad Clients. Additionally, We’ll Deliver CA Certified ITR and Income Computation at Your Hyderabad Address
Fee for Income Tax Return Filing Guidance in Hyderabad
ITR Filing Consultant Charges in Hyderabad
Salary Income Tax Return: Rs. 1000
Stocks & Capital Gains Tax Return: Rs. 2500
Small Business ITR in Hyderabad: Rs. 2000
Partnership Firm / LLP in Hyderabad: Rs. 3000
Company ITR in Hyderabad: Rs. 3000
Trust ITR in Hyderabad: Rs. 5000
CA – Tax Audit for Hyderabad Clients (if Needed): Starting from Rs. 10,000
Essential Records for Income Tax Lodgement in Hyderabad
When filing Income Tax Returns in Hyderabad, the documents required vary based on your occupation:
For Salaried Individuals: Form 16 For Small Business Owners: Bank Statements For Capital Gains: Bank Statements, Details of Other Income, and Property Sale Information For F&O Trading: Bank Statements, Profit and Loss Account for F&O, and Capital Gain Tax Report For Medium to Large Businesses: Accounting Books, GST Turnover, and Sales/Purchase Records Additionally, Deduction 80C and Investment Details are needed for Tax Purposes.
Apart from the above, you’ll need PAN, Aadhar Card, and Bank Details if filing ITR for the first time.
For a complete list of documents required for ITR Filing, click here.
Diverse ITRs for Tax Reporting in Hyderabad: Individuals, Businesses, Corporations
Let’s Look at the Different ITR Forms for Residents of Hyderabad, Companies, and Firms Registered at Hyderabad Address:
ITR-1: For Individuals in Hyderabad with Salary and Interest Income (Up to 50 lakhs).
ITR-2: For Individuals or HUFs with Income from Capital Gains/Loss on Hyderabad Property, Investments in Shares and Mutual Funds, Agriculture Income, etc. Those with Business and Professional Income cannot use ITR-2.
ITR-3: Suitable for Hyderabad Business Owners with Business and Professional Income.
ITR-4: For Hyderabad-based Businesses Opting for Presumptive Taxation (Lumpsum).
ITR-5: Applicable for Partnership Firms and LLPs in Hyderabad.
ITR-6: Applicable for Companies (Private Limited, Limited, Section 8, etc.) Located in Hyderabad.
Income Tax Filing Help for Salary Earners in Hyderabad
Do you need to file your Income Tax Return for your Salary? At ITR Adda, we offer the most affordable packages for Hyderabad’s Salaried Individuals, starting from just Rs. 500/-. Plus, our advisors can assist you in claiming TDS refunds from the Income Tax Department in Hyderabad.
When filing your Income Tax Return as a Salaried Individual, an important decision is choosing between the Old Income Tax Regime and the New Tax Regime (Default). We analyze both options based on your personal data to help you make the best choice.
Connect with our Chartered Accountant for ITR Filing Services in Hyderabad. Simply provide us with your Salary Details or Form 16 for this financial year, and we’ll file your ITR within hours.
Benefits of Income Tax Filing in Hyderabad
In Hyderabad City, filing your Income Tax Return (ITR) on time offers several important benefits. Firstly, it ensures that you comply with tax laws, helping you avoid penalties and interest charges. This promotes good financial habits and shows responsibility in tax matters. In Hyderabad’s dynamic economy, a filed ITR can greatly aid in securing approvals for different types of loans. Additionally, it increases the likelihood of visa approvals, as foreign embassies often check tax compliance. Filing your ITR can also lead to potential tax refunds, which can improve your overall financial health. Moreover, in a city where government assistance programs are tied to income levels, a filed ITR serves as proof of income, allowing residents to access various benefits and schemes. It’s an essential document for validation in Hyderabad.
Facing Income Tax Notices in Hyderabad? Let us handle them for you in Hyderabad
If you’ve received an Income Tax Notice in Hyderabad, don’t panic! Our Income Tax Notice Response Service is here to assist you. Our team of experts is well-versed in tax regulations, and they’ll handle the notice response on your behalf. They’ll carefully review the notice, gather necessary information, and ensure everything is resolved correctly. This allows you to stay calm and worry-free about the tax notice – we’ll take care of it for you!
Income Tax Audit Assistance Service in Hyderabad
Discover our Income Tax Audit Service in Hyderabad, where our team, led by experienced Chartered Accountants, simplifies the complexities of income tax compliance. Facing an audit? Our experts ensure a smooth process, meticulously examining your financial records and addressing potential issues. With our comprehensive service, including the expertise of Chartered Accountants, we provide peace of mind, allowing you to focus on your core activities while we handle your tax matters with precision. Trust us to guide you through the audit process efficiently and effectively.
CA Tax Audit is Required for Businesses if:
- Turnover exceeds One Crore OR
- Profit is less than 6% or 8%
For Professionals, Tax Audit is Required if:
- Gross Receipts exceed 50 Lakhs OR
- Profit is less than 50%.
Hyderabad & Nearby District Office - ITR Point
ITR Adda Office – Near Hyderabad Location ( Soon)
Nr Ig Statue, Alwal, Secumderabad-10, 500010
Also We are Providing ITR Filing Service in District of Medak, Nalgonda, Mahbubnagar etc Consist City of Hyderabad, Secunderabad Gachibowli, HITEC City, Banjara Hills, Jubilee Hills, Madhapur etc.