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

ITR Filing in Sikar

Sikar is a northern Indian city in the state of Rajasthan. It is located approximately 60 miles (95 kilometers) northwest of Jaipur. The city is an important rail and road junction as well as a center for agricultural trade. The handiwork includes textiles, ceramics, enameled, and lacquered products. Income Tax Return Filing in Sikar 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.

Documents required for Income Tax Return Filing in Sikar

The documents required for filing ITR in Sikar are:

  • 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 Income Tax Return Filing in Sikar

The procedure to follow for filing ITR is-

  • Complete a simple questionnaire
  • Provide all the necessary documents
  • Verification Needed
  • File your tax return
  • Get your computation form

Types of ITR Forms for Income Tax Return Filing in Sikar

Filing taxes in India can be a daunting task, especially for those who are not familiar with the various ITR forms. We’ll discuss each form and how to choose the right one for your specific needs.

ITR-1 OR 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

ITR 2 is for Individuals and HUFs who do not have business income.

ITR-3

ITR 3 is meant for individuals and HUFs with business income.

ITR-4 or 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.

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