Income Tax Return (ITR) Filings in India
What is Income Tax Return (ITR)?
- Individuals with annual income above the basic exemption limit (₹2.5 lakh)
- Salaried professionals earning from multiple sources
- Business owners, freelancers, and consultants
Benefits of Timely ITR Filing
✅ Avoid Penalties & Legal Notices
✅ Easy Loan, Visa & Credit Card Approvals
✅ Get Tax Refunds Faster
✅ Carry Forward Losses to Reduce Future Tax
✅ Acts as Proof of Income
Income Tax Return (ITR) Filings
Filing your Income Tax Return (ITR) is not just a legal obligation but also a smart financial step toward maintaining clean records, getting refunds, and staying compliant with the Income Tax Department of India. At Aadesh Kumar & Associates, we help individuals, salaried employees, professionals, business owners, and companies file their ITRs smoothly, quickly, and without errors.
With 13+ years of tax experience, our team of Chartered Accountants and tax experts ensures your returns are filed accurately and well before the deadline.
An Income Tax Return (ITR) is a form where a taxpayer declares their income, expenses, deductions, taxes paid, and other details to the Income Tax Department. It is filed annually and helps assess whether you’ve paid the right amount of tax or are eligible for a refund.
FAQs – Income Tax Return (ITR) Filing
Q. Is ITR filing mandatory for salaried individuals?
Yes, if your income exceeds the basic exemption limit.
Q. What happens if I don’t file my ITR on time?
You may face penalties up to ₹5,000 and lose refund or carry-forward benefits.
Q. Can I file ITR without Form 16?
Yes, with your salary slips and bank statements, our team can still help.
Q. Can I revise my ITR after filing?
Yes, revised returns can be filed before the end of the assessment year.
