Filing income tax returns is a crucial responsibility for every taxpayer. It helps you keep your financial records accurate and up-to-date while also fulfilling a legal obligation. However, the process of tax filing can also be complicated and time-consuming. That is why Regilances offers an Income Tax Return Filing service to help you save time and effort.
Our comprehensive tax filing service caters to a wide range of individual and business taxpayers. Our team is well experienced so you can be sure that your tax returns will be filed accurately and on time in compliance with the latest tax laws and regulations.
Here are the services we offer:
- ITR 1 Filing ITR 1 is for those resident individuals with the total income of up to Rs. 50 lakhs from the salaries, also house property, and other sources, and agriculture income which comes up to Rs 5,000. Our ITR 1 filing service includes collecting all the necessary documents and information from you to file your tax return accurately and on time. The documents required for ITR 1 filing include PAN, Form 16, salary slips, TDS certificates, bank statements, investment proofs, rent receipts, and other relevant documents.
- ITR 2 Filing ITR 2 is for individuals and HUFs with income from sources other than “Profits and Gains from Business or Profession.” This includes income from salary/pension (over Rs. 50 lakhs), income from more than one house property, income from capital gains, NRI & RNOR, and foreign income. Our ITR 2 filing service includes gathering all the necessary documents and information from you and filing your tax return accurately and on time. The documents required for ITR 2 filing include PAN, Form 16, salary slips, TDS certificates, bank statements, investment proofs, rent receipts, details of foreign income, and other relevant documents.
- ITR 3 Filing ITR 3 is for individuals/HUFs with income from business/profession. Our ITR 3 filing service includes collecting all the necessary documents and information from you and filing your tax return accurately and on time. The documents required for ITR 3 filing include PAN, Form 16, salary slips, TDS certificates, bank statements, investment proofs, rent receipts, balance sheet, profit and loss statement, audit report, and other relevant documents.
- ITR 4 Filing ITR 4 is for resident individuals/HUFs/firms (other than LLP) with income from business/profession computed u/s 44AD, 44ADA, 44AE (total income up to Rs. 50 lakhs). Our ITR 4 filing service includes gathering all the necessary documents and information from you and filing your tax return accurately and on time. The documents required for ITR 4 filing include PAN, Form 16, salary slips, TDS certificates, bank statements, investment proofs, rent receipts, balance sheet, profit and loss statement, audit report, and other relevant documents.
Who needs to file ITR? Individuals with an annual income of Rs. 7 lakhs or more are required to file ITR. Companies and partnerships are also required to file ITR filing service in Bhubaneswar regardless of their income. It is mandatory to file ITR for individuals and companies who have carried out business transactions exceeding Rs. 50 lakhs in a financial year.
Why file ITR with Regilances? Filing your ITR with Regilances gives you access to expert assistance in filling out and filing your tax returns accurately and on time. This helps you avoid penalties and interest while ensuring that your tax matters are efficiently handled. Our dedicated team of professionals stay
