ITR Filing Service in Prayagraj
Need help with filing your income tax returns in Prayagraj? Our team of Chartered Accountants (CAs) and tax experts is here to assist you. We offer hassle-free ITR filing services tailored to your needs. Simply provide us with your documents, including AIS, TIS, and 26AS, and our Prayagraj-based consultants will prepare a draft ITR and compute your income. Once you approve, we’ll take care of filing your tax return online. Plus, we’ll provide helpful tips on saving taxes along the way.
Looking For ITR Filing Consultant/CA in Prayagraj ?
Income Tax Return Filing Solutions in Prayagraj
Looking for help with filing your Income Tax Returns in Prayagraj? Just like Prayagraj , Prayagraj also sees a steady increase in the number of taxpayers every year. Being a bustling city, it’s witnessing a rise in startups, businesses, and salaried individuals. Whether you’re in Prayagraj, Bardoli, Navsari, Chikhli, Vyara, or nearby areas, navigating through the Income Tax Return Filing process can be crucial.
In Prayagraj, taxpayers come from various backgrounds, including salary earners, small businesses, large corporations, stock market investors, and F&O traders. Many individuals here have both government and private job incomes. Understanding the diverse taxpayer base, our team of professional Chartered Accountants (CAs) and Tax Lawyers is equipped with extensive experience in Income Tax Filing.
We offer comprehensive Income Tax Services in Prayagraj, including ITR filing and tax planning, tailored to meet the specific needs of taxpayers in the region. Our goal is to simplify the Income Tax filing process for individuals and entities in Prayagraj, ensuring compliance while providing valuable tax-saving advice.
Get Your ITR Done Quickly in Prayagraj
Contact our Prayagraj tax expert to start your ITR filing process. Send us your documents for quick assistance.
Our Prayagraj team will draft your Income Tax Return, compute your income, and calculate taxes based on the provided details.
Our dedicated Chartered Accountant in Prayagraj will review the draft ITR and income computation. After their suggestions, we’ll share the final draft with you.
After finalizing everything, we’ll submit the ITR for our Prayagraj client. Additionally, we’ll deliver the CA-certified ITR and income computation to your doorstep in Prayagraj.
Charges for Income Tax Return Filing Service in Prayagraj
Here are the charges for our ITR filing services in Prayagraj:
- Salary Return (Individuals with jobs in Prayagraj): Rs. 1000
- Shares & Capital Gain Return: Rs. 2500
- Small Business ITR in Prayagraj: Rs. 2000
- Partnership Firm / LLP based in Prayagraj: Rs. 3000
- Company ITR in Prayagraj: Rs. 3000
- Trust ITR in Prayagraj: Rs. 5000
- CA Tax Audit (if required) for clients in Prayagraj: Starting from Rs. 10,000/-
Key Documents for Filing Income Tax in Prayagraj
When filing Income Tax Returns in Prayagraj, the required documents depend on your occupation:
- Salaried individuals need Form 16.
- Small business owners should provide bank statements.
- For capital gains, include bank statements, details of other income, and property sale information.
- F&O traders or share traders require bank statements, F&O profit and loss accounts, and capital gains tax reports.
- Medium to large businesses need to submit books of accounts, GST turnover details, and sales and purchase records.
- Details of deductions under section 80C and investment information for tax purposes are also necessary.
Additionally, first-time filers should provide PAN, Aadhar Card, and bank details.
For a complete list of required documents for ITR filing, please click here.
Assortment of ITRs for Tax Compliance in Prayagraj: Individuals, Businesses, Entities
Let’s take a look at the different ITR forms for individuals, companies, and firms registered in Prayagraj:
ITR-1: For individuals with salary and interest income in Prayagraj (up to 50 lakhs).
ITR-2: For individuals or HUFs with income from capital gains/loss on property in Prayagraj, investments in shares and mutual funds, agriculture income, etc. Individuals with business and profession income cannot file ITR 2.
ITR-3: Suitable for businessmen in Prayagraj with business and professional income.
ITR-4: For Prayagraj-based businesses opting for presumptive taxation (lumpsum).
ITR-5: Applicable for partnership firms and LLPs in Prayagraj.
ITR-6: Applicable for companies in Prayagraj (such as Pvt Ltd, Limited, Section 8, etc).
Income Tax Recommendations for Salary Recipients in Prayagraj
Looking to file your Income Tax Return for your salary income in Prayagraj? At ITR Adda, we offer the most affordable packages starting from just Rs. 500/- for salaried individuals. Our advisors can also assist you in claiming TDS refunds from the Income Tax Department in Prayagraj.
One crucial decision when filing your Income Tax Return as a salaried person is choosing between the Old Income Tax Regime and the New Tax Regime (default). We’ll analyze both regimes based on your personalized data to help you make an informed choice.
Connect with our Chartered Accountant for ITR filing consultancy services in Prayagraj. Simply send us your salary details or Form 16 for this financial year, and we’ll ensure your ITR is filed promptly.
Positives of Submitting Income Tax Returns in Prayagraj
In Prayagraj City, filing Income Tax Returns (ITR) on time offers several important benefits. Firstly, it ensures compliance, protecting individuals and businesses from penalties and interest charges. This not only promotes financial discipline but also underscores responsibility in tax matters. In Prayagraj’s vibrant economic environment, submitting ITRs plays a vital role in expediting loan approval processes for various types of loans. Additionally, it improves the likelihood of visa approvals, as foreign embassies often review tax compliance records. ITR filing also creates opportunities for potential tax refunds, contributing to overall financial stability. Furthermore, in a city where government assistance programs are income-dependent, filed ITRs serve as valid proof, enabling residents to access benefits under various schemes, making it a crucial document for verification.
Responding to Income Tax Notices in Prayagraj ? Our service extends to Prayagraj
If you’ve received an Income Tax Notice in Prayagraj, there’s no need to worry! Our Income Tax Notice Response Service is here to assist you. We have a team of experts well-versed in tax regulations, and they will handle the response to the notice on your behalf. They’ll carefully examine the details, gather necessary information, and ensure that everything is resolved correctly. This allows you to relax and not worry about the tax notice – we’ve got you covered!
Income Tax Audit Consultancy in Prayagraj
Discover our Income Tax Audit Service in Prayagraj, 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 necessary if:
- Gross Receipts exceed 50 Lakhs //OR//
- Profit is less than 50%.
Prayagraj & Near District Office - ITR Adda
ITR Adda Office – Near Prayagraj Location (Open)
M.G.ROAD, P.B.NO.54, 211001
Also We are Providing ITR Filing Service in District of Kaushambi, Mirzapur, Varanasi, etc Consist City of Prayagraj , Fatehpur, Jaunpur, Bhadohi, Mirzapur etc.
