Vakilsearch has simplified the process of filing ITR return, allowing you to complete it in just 3 steps!
As soon as you reach out to us our expert team will get in touch and collect all the required information.
Our team will immediately start the required paperwork and will draft the return.
Your expert crafted income tax return will be ready for filing before you know it!
Every responsible Indian citizen should file income tax to the government. With present technology, you can easily file your income tax online. This process is fast and accurate with no time constraints.
However, e-filing income tax returns in India through the official website involves filing ITR forms. There is a different ITR form for individual and ITR form for salaried person. This is a critical task because the income tax department has various forms titled from ITR 1 to ITR 7. Each form has a specific function and belongs to a particular category.
Even if you miss a single field in the form or make any errors your income tax will not be filed on time. This is where you need expert guidance. Vakilsearch files income tax for both individuals and institutions regularly. So you can easily count on us to file your income tax returns. For that, you will have to provide us with the following documents.
Section 139 (1) of the Income-tax Act 1961 specifies any individual whose total income during the previous year is more than the maximum amount not chargeable to tax should file their income tax returns.
The advantages of filing IT returns are:
Loans: Bank loans like education loans, vehicle loans, personal loans, can be availed easily as they require the last three year’s IT returns.
Visa: As Immigration centres scrutinise many documents and IT returns, proofs are a mandatory document for visa applicants.
Avoid penalties: Hefty amounts would be charged for non-filing of income tax returns and hence it is always better to file it to avoid legal repercussions.
So if you come under the taxable income make sure to file it before the last date.
According to the Income Tax Department, the following entities are required to file yearly IT returns:
First and foremost have all the soft copies, scanned copies of all the required documents like your bank statement and last year's return. You should also fill out income tax Form 16.
You should know that non-compliance with filing of income tax returns can result in huge penalties. So why take that risk, when you can easily get an expert to file your income tax returns!
Filing income tax returns on your own is going to be a tedious task. But if you choose Vakilsearch to file your income tax returns, the whole process can be completed in just three steps. We have an expert team who can provide support around the clock and file your income tax returns without any delay. Why Do It Yourselves, when our experts can do it for you ASAP
Affordable price: When compared to other competitors we provide the most affordable price to file your income tax returns.
|Salaried Employees upto ₹50 Lakhs||₹799|
|Salaried Employees More than ₹50 Lakhs||₹1499|
Super fast process If you are running low on time or pretty close to the deadline then you should reach out to our experts. We provide the fastest income tax returns filing process in the country
Adept team: Filing income tax returns is one of our daily jobs, our team does it with such ease!
Popular in town: More than thousands of companies choose Vakilsearch for filing their Income tax. Apart from this, we have a large number of individuals who choose Vakilsearch for filing their income tax returns online.
All you have to do is reach out to us, sit back, relax, and watch your income tax return filing at super ease.
Just share your bank statement and cash transaction details and we'll create the financial statements. In two working days, you'll get your ITR filed.
We make your interaction with government as smooth as is possible by doing all the paperwork for you. We will also give you absolute clarity on the process to set realistic expectations.
Our team of experienced business advisors are a phone call away, should you have any queries about the process. But we'll try to ensure that your doubts are cleared before they even arise.
Deadline to file Income Tax Returns for the FY 2019-20 has been extended
November 23, 2020
The Deadline to file Income Tax Returns for the FY 2019-20 has been extended to 31st December 2020. A new change has been implemented in the ITR form known as Schedule 112A disclose details of the sale of equity share or unit of equity-oriented fund on which Securities Transaction Tax (STT) is paid.
Penalty Deduction on TDS
24th February: Delayed deposit of TDS will attract only 9% penalty instead of 18%
ITR Filing Deadline Extended
30th July: The Central Board of Indirect Taxes has extended the tax filing deadline. Yes, now taxpayers can file returns for the FY 2019-20 till 30th November, 2020, instead of 31st July and 30th September.