ITR Filing in Phalodi

Overview of ITR Filing

ITR or Income Tax Return is an annual document that taxpayers in India have to file. It is a declaration of income earned by an individual, Hindu Undivided Family (HUF), company, Association of Persons (AoP), an association of individuals, etc. for a particular financial year. All taxpayers are required to file an ITR if their annual income exceeds the taxable limit prescribed by the Government of India. Filing ITR helps the government to accurately track and assess the tax liability of individuals and companies.

Documents details required for Income Tax Return Filing in Phalodi

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 Phalodi:

• 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 Phalodi?

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.