Income Tax Filing & Tax Planning
End-to-end tax compliance, optimized filings, and proactive tax planning strategies for individuals, HNIs, and corporate entities in India.
Indian tax laws under the Income Tax Act, 1961, are constantly evolving. Submitting inaccurate filings can lead to scrutiny notices under section 143(2) or hefty interest penalties under sections 234A/B/C. Moreover, failing to plan structure and deductions means you pay more taxes than legally required.
Who Requires This Compliance?
What is Included in Our Service?
- Personalized review of Form 26AS, AIS (Annual Information Statement), and TIS
- Capital gains computations for stock market, mutual funds, and property transactions
- Calculation of optimal deductions under Chapter VI-A (80C, 80D, 80G, etc.)
- Analysis of New Tax Regime vs Old Tax Regime to find the most cost-effective path
- E-filing of appropriate ITR Form (ITR-1 to ITR-6) and validation with e-Verification support
- Quarterly advance tax computation and strategic tax planning advice
Execution Workflow & Timeline
Document Submission
Provide your basic income documents, bank statements, and investment proofs via our secure checklist portal.
Tax Computation & Strategy
Our tax experts review your details, identify eligible deductions, and calculate the final tax liabilities or refund projections.
Draft Approval
We present a detailed draft of the computation for your review and approval before final submission.
E-Filing & Verification
We e-file your ITR on the Income Tax Portal, send you the ITR-V acknowledgment, and assist in e-verification (via Aadhaar OTP).
Documents Required Checklist
Prepare these files to ensure immediate review and submission of your cases.
For Individuals & Professionals
- PAN Card and Aadhaar Card
- Form 16 (for salaried income) and Form 16A (for interest/other TDS)
- Annual Information Statement (AIS) and Taxpayer Information Summary (TIS)
- Bank Statements for all accounts (for the financial year)
- Capital Gains Statements from brokers (if dealing in stocks or mutual funds)
- Investment proofs under 80C, 80D (LIC, PPF, ELSS, Health Insurance, Home Loan interest certificates)
For Businesses & Corporates
- Profit & Loss Statement and Balance Sheet
- GST Returns (GSTR-1 & GSTR-3B) and ledger reconciliations
- Details of tax payments made (Advance Tax, Self-Assessment Tax)
- Directors/Partners PAN and Aadhaar documents
Frequently Asked Questions
For individuals, freelancers, and non-audit business entities, the standard due date is July 31st of the assessment year following the financial year. For entities requiring a tax audit, the due date is October 31st.
Under Section 234F, a late filing fee of up to ₹5,000 is applicable. Additionally, interest at 1% per month under Section 234A is charged on any unpaid tax due. Missed deadlines also prevent carrying forward capital losses.
The New Regime offers lower tax rates but does not allow major deductions like HRA, LTA, or Sec 80C. The Old Regime allows deductions but has higher tax slabs. We perform a side-by-side comparison of both regimes using your exact income profile to determine which one saves you more money.