ITR Filing Service in Srinagar
Seeking assistance with filing your Income Tax Returns (ITR) in Srinagar? Look no further! We’re a team of Chartered Accountants (CAs) and tax consultants based in Srinagar, offering hassle-free ITR filing services. Our consultancy team in Srinagar will prepare a draft ITR and income computation based on your documents, AIS, TIS, and 26AS. Once you approve, we’ll promptly file your online income tax return. Additionally, count on us for valuable tax-saving suggestions.
Interested in ITR Filing Consultant/CA in Srinagar?
Income Tax Return Filing Guidance in Srinagar
Are you seeking expert assistance for filing your Income Tax Returns in Srinagar? As Srinagar witnesses a continual increase in Income Tax Returns and taxpayers each year, it has become essential for individuals and businesses in the area to navigate the meticulous process of Income Tax Return Filing. With the city experiencing rapid growth in startups and businesses, along with a rising number of salaried individuals, filing Income Tax Returns has become a crucial task in Srinagar and surrounding areas.
In Srinagar, taxpayers can be categorized into five main types, including salaried individuals, small business owners, large corporations, stock market participants, and F&O traders. Additionally, individuals in Srinagar often earn income from both government and private sector employment. Recognizing the diverse nature of taxpayers in Srinagar, our team comprises professional Chartered Accountants (CAs) and Tax Lawyers with extensive experience in Income Tax Filing.
We offer comprehensive Income Tax Services tailored specifically for Srinagar-based taxpayers. Trust us for ITR Filing Service in Srinagar and rely on our Income Tax Return Filing Guidance in Srinagar to ensure compliance and provide valuable tax-saving suggestions.
ITR Filing in Srinagar- One Day Process
Inquire and Connect with Our Specialized Tax Expert in Srinagar. Send us your documents for ITR Filing in Srinagar.
Our Srinagar team will create a draft of your Income Tax Return, compute your income, and calculate your taxes based on the provided details.
Our Chartered Accountant dedicated to Srinagar ITR will review the draft ITR and COI. Based on their suggestions, we will share the final draft with you.
After finalization, we will submit the ITR for our Srinagar clients. Additionally, we will provide CA certified ITR and COI with doorstep delivery in Srinagar.
Amount for Income Tax Return Filing Help in Srinagar
Charges for ITR Filing Consultant in Srinagar
- Salary Return for individuals employed in Srinagar: Rs. 1000
- Shares & Capital Gain Return: Rs. 2500
- Srinagar Small Business ITR: Rs. 2000
- Partnership Firm / LLP of Srinagar Location ITR: Rs. 3000
- Company ITR in Srinagar: Rs. 3000
- Trust ITR in Srinagar: Rs. 5000
- CA – Tax Audit for Srinagar Client (if Required): Starting from Rs. 10,000/-
Essential Records for Income Tax Lodgement in Srinagar
When opting for Income Tax Return Filing in Srinagar, the required documents based on occupation are:
- Salaried Person: Form 16
- Small Business: Bank statement
- Capital Gain: Bank statement, other income details, and selling of property details
- F&O Turnover or Share Trading: Bank statement, F&O profit and loss account, capital gain tax report
- Medium to Large Business: Books of account, GST turnover, sales and purchase records, etc.
- Deduction 80C and Investment Details for Tax Purpose
In addition to the above documents, PAN card, Aadhar card, and bank details are required if the person is filing ITR for the first time.
For a complete list of documents required for ITR Filing, please click here.
Diverse ITRs for Tax Reporting in Srinagar: Individuals, Businesses, Corporations
Let’s Explore ITR Forms for Srinagar Citizens, Companies, and Firms Registered at Srinagar Address:
ITR-1: Suitable for Salary and Interest Income in Srinagar (Up to 50 lakhs).
ITR-2: For Income from Capital Gain/Loss on Srinagar Property, Investment in Shares and Mutual Funds, Agriculture Income, etc., of Individuals or HUFs. Individuals with Business and Profession Income cannot file ITR 2.
ITR-3: Ideal for Business and Professional Income of Srinagar Businessmen.
ITR-4: For Srinagar-based businesses opting for Presumptive Taxation (Lumpsum).
ITR-5: Applicable for Partnership Firms and LLPs.
ITR-6: Designed for Companies (Srinagar Location Pvt Ltd, Limited, Section 8, etc).
Income Tax Advice for Wage Earners in Srinagar
If you’re looking to file your Salary Income Tax Return in Srinagar, you’re at the right place! At ITR Adda, we offer the most affordable packages for Srinagar’s Salaried Individuals, starting from just Rs. 500. Our advisor will also assist you in claiming TDS Amount Refund from the Income Tax Department of Srinagar.
When filing your Salaried Person Income Tax Return, it’s essential to decide 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 the best decision.
Connect with our Chartered Accountant (CA) for ITR Filing Consultancy in Srinagar. Simply send us your Salary Details or Form 16 for this financial year, and we’ll ensure your ITR is filed within an hour.
Merits of Filing Income Tax Returns in Srinagar
In Srinagar City, timely filing of Income Tax Returns (ITR) offers several significant benefits. Firstly, it ensures compliance, protecting individuals and businesses from penalties and interest charges. This not only promotes financial discipline but also strengthens accountability in tax matters. In the thriving economic environment of Srinagar, filing ITR plays a vital role in streamlining loan approval processes for different types of loans. Moreover, it improves the likelihood of visa approvals, as foreign embassies frequently examine tax compliance records. Filing ITR also opens up opportunities for potential tax refunds, contributing to overall financial well-being. Additionally, in a city where government schemes are often income-based, filed ITR serves as valid proof, enabling residents to access benefits under various schemes, making it an essential document for validation.”
Count on our ITR Filing Service in Srinagar and rely on our Income Tax Return Filing Guidance in Srinagar for a seamless tax filing experience!
Facing Income Tax Notices in Srinagar
Income Tax Audit Assistance Service in Srinagar
Discover our Income Tax Audit Service in Srinagar, where our team, led by experienced Chartered Accountants, simplifies the intricacies of income tax compliance. Facing an audit? Our experts ensure a seamless process, carefully reviewing your financial records and addressing any potential issues. With our comprehensive service, bolstered by the expertise of Chartered Accountants, we offer peace of mind, enabling you to concentrate on your core activities while we handle your tax matters with precision. Trust us to navigate you through the audit process efficiently and effectively.
CA Tax Audit is necessary 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%
Count on our ITR Filing Service in Srinagar and rely on our Income Tax Return Filing Guidance in Srinagar for all your tax-related requirements!
Srinagar & Near District Office - ITR Adda
ITR Adda Office – Near Srinagar Location (Open)
Old Court Road, Lal Chowk, Srinagar ,190001
Also We are Providing ITR Filing Service in District of Gandderbal, Budgam, Pulwama etc Consist City of Srinagar, Gulmarg, Pahalgam, Sonamarg, Anantnag, Baramulla, Ganderbal etc.
