Online ITR Filing in Faridabad

ITR Filing in Faridabad, SK Tax Law Firm has attained a notable place in the market for rendering this service. These services are extremely liked in the market for flexibility and timely completion. Along with this, provided service of ITR filing online in Faridabad is rendered at nominal costs to our esteemed customers. The offered income tax return filing in Faridabad service is rendered with the tax guidelines by our experts who hold rich understanding in this taxation field. We have chosen an adroit team of quality supervisors that value the quality of our provided income tax return filing online in Faridabad services at each stage of execution to make sure that the norms are effectively met. Moreover, we follow good business policies and crystal pure transparency in all our activities to keep healthy relations with the customers.

What Is Income Tax Return?

An income tax is a tax directly imposed on taxpayers or individuals according to income or taxable income. Income tax is one of the main sources of government funds that are used to better serve the public. An income tax return is a form used to submit data about your income and taxes to the income tax department. The tax liability of a taxpayer is computed based on their income. If the return shows that an excess tax has been paid for one year, then the person will be suitable to receive a refund of income tax from the Income Tax Department. According to income tax laws, the return must be filed each year by a business or person that earns income during a financial year. Income can be in the form of business earnings, salary, homeownership, or earned through dividends, capital gains, interest, or other sources.

ITR Filing Online in Faridabad

Who Is Required to File Income Tax Return?

As per the guidelines of the Income Tax Department, the persons required to file IT returns are:

  • Every company, whether LLP, private limited, or partnership, irrespective of income or loss, must file income tax returns.
  • Individuals receiving property income under religious trusts, charitable trusts, or voluntary contribution income.
  • Companies and individuals that want to claim tax refunds.
  • Salaried persons whose gross earnings before deductions exceed the exemption limit.
  • People who enjoy income from bonds, stocks, mutual funds, fixed deposits, interest income, and house properties.
  • All persons with foreign assets, foreign income, NRIs, and technology professional on-site delegation.

Procedure to File Income Return in Faridabad with SK Tax Law Firm

  • Connect with our tax return filing agents in Faridabad
  • Upload documents for filing of income tax returns
  • Check draft computation of ITR prepared by our tax experts
  • Finally submit an income tax return
  • E-verify your ITR
  • Get a final copy of computation and ITR

Why Should You File IT Returns In Faridabad?

The benefits of filing IT returns are:

  • Loan: Bank loans like education loans, vehicle loans, and personal loans, can be easily used as they require the IT returns of the past three years.
  • Visa: As immigration centers examine income tax return evidence is a mandatory document for visa applicants.
  • Avoid Fines: There would be a considerable fee for not filing income tax returns, and therefore it is always best to file it to avoid legal repercussions.

When is It Necessary to Submit an Income Tax Return?

According to the income tax laws in India, income tax returns filing is mandatory if your income exceeds the basic exemption limit. A delay in filing returns will attract late filing fees. It is mandatory to submit an income tax return for a firm and company.

What is Form 16?

Form 16 is a certificate issued under the Income Tax Act for taxes deducted at source from income under the head of the salary. It is issued for deducting taxes by the employer from his salary and depositing it with the government. The certificate gives a full summary of the amount paid or credited to the employee and the TDS on it. This form is issued annually following the provisions of the Income Tax Act 1961. Normally, the employer shall issue the Form 16 certificate to the taxpayer after the end of the financial year for which it is issued. An employee can use Form 16 to obtain information to complete their income tax return and it should be kept as supporting evidence for TDS.

Can I File an Income Tax Return Online in Faridabad even If My Income is Below the Taxable Limits?

Yes, you can voluntarily file your ITR even if your income is less than the basic exemption limit.

Deadline for ITR Filing Online in Faridabad

Income tax returns must be filed by an individual or a business before a particular date. If a taxpayer does not file the ITR before the deadline, they must pay a penalty. This deadline datemodifies from time to time by the government. So please connect with our tax return consultants in Faridabad for the latest information.

If you want to file ITR and finding an income tax return filing consultant in Faridabad, so you are in the right place. We are passionately engaged in providing our clients with a highly reliable income tax filing service in Faridabad. The ITR return consultants in Faridabad service areexecuted under the supervision of skilled professionals who have experience in the ITR filing. To render this service, our ITR filing agents in Faridabad use the most updated technology. This income tax return (ITR) filing services consultants in Faridabad is highly appreciated for its flexibility, professionalism, timely execution, reliability, and cost-effectiveness.

For more info and find an income tax consultant in Faridabad please get in touch with us, call at +91-9719586772 or you can also send in your query at