Dungarpur is a city located in the southern part of the state of Rajasthan in India. The city is known for its rich cultural heritage, historic forts, and palaces, and also for being a major center for trade and commerce. We will discuss How to file Income Tax Return Filing in Dungarpur.p>
Here are some reasons to choose Dungarpur to file ITR-
Efficient Taxation System: Dungarpur has an efficient taxation system in place that ensures that taxpayers are able to file their returns easily and efficiently. The local tax authorities are well-trained and are always ready to assist taxpayers with any questions or concerns they may have regarding their ITR.
Accessible Location: Dungarpur is easily accessible from all parts of Rajasthan, which makes it a convenient location for taxpayers who need to file their ITR. The city is well-connected by road, rail, and air, which means that taxpayers can easily reach Dungarpur without any hassle.
Expert Tax Consultants: Dungarpur has a number of expert tax consultants who can assist taxpayers with their ITR filing. These tax consultants have extensive knowledge and experience in the field of taxation and can help taxpayers navigate the complex tax laws and regulations in India.
Cost-effective Services: Tax consultants in Dungarpur offer cost-effective services to taxpayers. This means that taxpayers can get their ITR filed at a reasonable cost without having to worry about breaking the bank.
Peaceful Environment: Dungarpur is a peaceful city with a low crime rate. This means that taxpayers can file their ITR without having to worry about any safety concerns or disturbances.
Documents and details required to file ITR
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
Procedure for filing ITR
The procedure to follow for filing ITR is-
Complete a simple questionnaire provided by our team.
Provide us with all the necessary documents as mentioned above.
We will analyze all the details and after verification from the client, we will file your tax return before the due date and protect you from any penalty.
After completing the income tax return, we will inform you further and also provide you with the computation and return form.
Types of ITR Forms/Income Tax Return Forms
ITR 1 (Sahaj): This form is for individuals who are residents (other than ordinarily residents) who have a salary up to Rs. 50 lakhs, having salary income, property of one house, miscellaneous sources (interest and so on), and farming pays up to Rs. 5000.
ITR 2: This form is for individuals who are residents (other than ordinarily residents) who have a salary up to Rs. 50 lakhs, having salary income, property of one house, miscellaneous sources (interest and so on), and farming pays up to Rs. 5000.
ITR 3: This form is meant for individuals and HUFs with business income.
ITR-4 (sugam): ITR 4 applies to individuals, HUFs, and firms who are residents and have a total income of up to Rs. 50 Lacs, do not maintain their books of account and want to pay tax on the deemed basis under the provisions of the Income Tax Act, 1961.
ITR 5: This form is meant for persons other than individuals, HUF, companies, and persons filing returns in ITR 7 form.
ITR 6: This form is for companies other than organizations exempted under Section 11 of the Income Tax Act, 1961.
ITR 7: This structure is intended for persons including companies who need to file a return under Section 139(4A) or 139(4B) or 139(4C) or 139(4D) of the Income Tax Act, 1961 particularly.