Hand Emojji Images File Your Income Tax Return Before 31st July 2024.

ITR Filing in Alwar

Alwar is one of the most popular destinations in India consisting of certain ITR professionals. This city is in Rajasthan know for its growing industrial sector in the field of finance and commerce. ITR, or Income Tax Return Filing in Alwar, is an annual document that Indian taxpayers must file. It is a statement of revenue earned by an individual, Hindu Undivided Family (HUF), firm, Association of Persons (AoP), an association of individuals, and so on for a specific fiscal year. If a taxpayer’s annual income exceeds the taxable limit set by the Government of India, he or she must file an ITR. ITR filing assists the government in accurately tracking and assessing the tax liability of individuals and businesses.

Why choose Alwar to file ITR?

  • Alwar is home to several skilled professionals who have years of experience in the field of taxation and can help you file your ITR accurately and on time.
  • It is convenient in Alwar if you are filing ITR since there are various tax consultants and companies that provide such services in the city.
  • If you are a salaried, business owner or NRI, Alwar-based tax consultants can offer you personalised services that can meet your customised needs.
  • These consultants offer services at the most competitive prices. You can avail of high-quality services without having to pay exorbitant fees. Its prices are reasonable and affordable.
  • It is important to file ITR on time. This helps in avoiding penalties and other legal complications. Tax consultants in Alwar understand the value of timely filing and ensure a smooth ITR process before the deadline. This helps you avoid last-minute rush and stress.
  • Alwar is the best place for industrial hubs. This makes it an attractive place for entrepreneurs. This helps them in handling in filing ITR for the companies across different industries.

Documents required for Income Tax Return Filing in Alwar

It is important to understand the documents and details required to file ITR to ensure that the process goes smoothly. The following documents are required for ITR filing in Alwar:

  • PAN card
  • AADHAR card
  • Complete account statement/bank passbook for the financial year
  • Income tax credentials Login
  • Form 16
  • Real estate purchase and sale agreement
  • Demat account statement for mutual fund returns
  • Home loan statement
  • Account books maintained by Sales Ledger, Purchase Ledger, Expense Voucher, Complete Bank Statements, Stock Ledger, Fixed Asset Ledger, Audit Report
  • TDS return
  • GST return
  • Fixed deposit interest certificate
  • Receipt of LIC Premium
  • Receipt of Tuition fee
  • Certificate of premium for health insurance
  • Donation receipt
  • PF/ESI Passbook

What is the Procedure for ITR Filing in Ajmer?

The procedure to follow for filing ITR is-

  • Complete a simple questionnaire provided by our team.
  • Provide us with all the necessary documents.
  • Verification Needed
  • File your tax return
  • Get your computation form

Advantages of ITR Filing in Alwar

  • 1

    For Easy Loan Approval

  • 2

    Proof of Income

  • 3

    Filing of ITR avoids fines

  • 4

    Claiming Refund

  • 5

    Required for VISA application

Penalty for failure to pay Income Tax Return Filing in Alwar

According to Section 234F of the Income Tax Act, if you file your IT return after the due date but before December 31 of the assessment year, then a late penalty of ₹5,000 will be charged. In case you pay after 31st December of this AY, the penalty will be ₹10,000. However, if your income is less than ₹5,00,000, the late fee would not exceed ₹1000.

Get a Consultation by Expert