Tax Filing

Personal Tax Filing Services in Delhi File your Income Tax Return (ITR) accurately and on time with TaxCrafted Solutions. We provide professional Personal Tax Filing Services in Delhi for salaried employees, self-employed professionals, freelancers, pensioners, NRIs, and individuals with multiple income sources. Our tax experts ensure complete compliance with the Income Tax Act while helping you maximize eligible deductions and tax savings FILE TAX NOW LEARN MORE What is Personal Tax Filing? Personal Tax Filing is the process of reporting your annual income, claiming eligible deductions and exemptions, calculating tax liability, and submitting your Income Tax Return (ITR) to the Income Tax Department. Filing your ITR on time helps you remain legally compliant, claim tax refunds, avoid penalties, and maintain a strong financial record. Whether your income comes from salary, business, profession, house property, capital gains, interest, or other sources, accurate tax filing is essential for smooth financial planning. At TaxCrafted Solutions, we simplify the tax filing process by providing expert guidance, accurate tax computation, deduction planning, refund assistance, and timely return filing. Our experienced professionals ensure your return is filed correctly while helping you choose the most beneficial tax regime. Our Services Income Tax Return (ITR) Filing Tax Planning & Consultation Accurate Tax Computation Tax Refund Processing Capital Gains Tax Calculation Income Tax Notice Assistance Revised Return Filing Old vs New Tax Regime Advisory Why File? Meet your obligations under the Income Tax Act and avoid legal complications Receive refunds for excess TDS or advance tax paid during the financial year. Most banks and financial institutions require ITRs while processing home, personal, education, or business loans. Income Tax Returns serve as accepted proof of income for many visa and immigration applications. Timely filing helps you avoid late filing fees, interest charges, and notices from the Income Tax Department Documents Required Keep these documents ready for smooth and accurate tax filing. Identity Documents PAN Card Aadhaar Card Bank Account Details Mobile Number & Email ID Income Documents Form 16 / Form 16A Salary Slips Bank Statements Interest Certificates Rental Income Details (if applicable) Capital Gain Statements (if applicable) Freelance or Professional Income Details (if applicable) Investment & Deduction Proofs LIC Premium Receipts PPF Passbook ELSS Investment Details Home Loan Interest Certificate Health Insurance Premium Receipts (Section 80D) Donation Receipts (Section 80G) NPS Contribution Details Education Loan Interest Certificate (if applicable) File Your Taxes Stress-Free Avoid last-minute hassles and filing errors. Let the tax experts at TaxCrafted Solutions prepare and file your Income Tax Return accurately, ensuring complete compliance and maximum tax benefits. Get Expert Advice Frequently Asked Questions Common queries about Personal Tax Filing. Is it mandatory to file a tax return if I have no taxable income? Generally, if your total income is below the basic exemption limit, filing an Income Tax Return is not mandatory. However, filing is recommended if you wish to claim a tax refund, carry forward eligible losses, apply for loans, or use your ITR as proof of income for visa applications. In certain specified situations under the Income Tax Act, filing may still be compulsory even if your income is below the exemption limit. Can I claim deductions if I choose the New Tax Regime? The New Tax Regime offers lower income tax rates but allows only limited deductions and exemptions. Most deductions under Sections 80C, 80D, HRA, LTA, and other Chapter VI-A provisions are not available. Choosing the right tax regime depends on your income and eligible deductions. Our experts can help you select the most tax-efficient option. What documents do I need to file my Personal Income Tax Return? The commonly required documents include your PAN Card, Aadhaar Card, Form 16 or Form 16A, salary slips, bank statements, interest certificates, investment proofs, home loan certificates, capital gains statements, and details of any other income earned during the financial year. The exact documents may vary depending on your income sources. What is the due date for filing Personal Income Tax Returns? For most individual taxpayers who are not required to undergo a tax audit, the due date for filing the Income Tax Return is generally 31st July of the relevant assessment year. Filing before the due date helps avoid late filing fees, interest, and unnecessary compliance issues. How can I verify my Income Tax Return after filing? After submitting your Income Tax Return, you must complete e-verification within the prescribed time. Verification can be done using Aadhaar OTP, Net Banking, Bank Account EVC, Demat Account EVC, or other approved electronic methods. If electronic verification is not completed, you may need to send the signed ITR-V acknowledgment to the Central Processing Centre (CPC) within the applicable timeline. Why Choose TaxCrafted Solutions? Experienced Income Tax Professionals Accurate & Error-Free ITR Filing Maximum Eligible Tax Savings Fast Refund Assistance Transparent Pricing Personalized Tax Consultation Timely Filing & Complete Compliance Dedicated Support Throughout the Filing Process Generally, if your total income is below the basic exemption limit, filing an Income Tax Return is not mandatory. However, filing is recommended if you wish to claim a tax refund, carry forward eligible losses, apply for loans, or use your ITR as proof of income for visa applications. In certain specified situations under the Income Tax Act, filing may still be compulsory even if your income is below the exemption limit. The New Tax Regime offers lower income tax rates but allows only limited deductions and exemptions. Most deductions under Sections 80C, 80D, HRA, LTA, and other Chapter VI-A provisions are not available. Choosing the right tax regime depends on your income and eligible deductions. Our experts can help you select the most tax-efficient option. The commonly required documents include your PAN Card, Aadhaar Card, Form 16 or Form 16A, salary slips, bank statements, interest certificates, investment proofs, home loan certificates, capital gains statements, and details of any other income earned during the financial year. The exact documents may vary depending on your income sources. For most individual taxpayers who are not required to undergo a tax audit, the … Read more

Business Tax Filing Services in Delhi Stay compliant with the latest tax regulations while maximizing tax efficiency with expert Business Tax Filing services. TaxCrafted Solutions offers reliable business income tax return filing services in Delhi for Proprietorships, Partnership Firms, LLPs, Private Limited Companies, One Person Companies (OPCs), Trusts, and other business entities. Our experienced tax professionals ensure accurate filing, timely compliance, and complete peace of mind. FILE TAX NOW LEARN MORE What is Business Tax Filing? Business Tax Filing is the process of preparing and submitting the Income Tax Return (ITR) of a business entity to the Income Tax Department within the prescribed due dates. Every business, regardless of its size, must comply with applicable tax laws and maintain accurate financial records. Proper tax filing helps businesses avoid penalties, maintain legal compliance, improve financial transparency, and build credibility with banks, investors, and government authorities. At TaxCrafted Solutions, we provide end-to-end Business Tax Filing services in Delhi, including financial statement preparation, tax computation, return filing, tax planning, compliance support, and expert guidance to help businesses reduce tax liabilities while remaining fully compliant. Our Services Business Income Tax Return Filing Preparation of Financial Statements GST Return Filing & Reconciliation TDS & TCS Compliance Advance Tax Calculation Tax Planning & Advisory Rectification & Revised Return Filing Income Tax Notice Assistance Why File? Meet all Income Tax compliance requirements and avoid legal complications. Timely filing helps prevent late filing fees, interest, and unnecessary notices from the Income Tax Department. Well-maintained tax records improve your credibility with banks, financial institutions, investors, and government agencies. Income tax returns serve as important financial documents when applying for business loans, overdrafts, or credit facilities. Accurate tax filing provides a clear picture of your business finances and helps in future business planning. Documents Required Get ready for a smooth and hassle-free Business Tax Filing process. Company Information PAN Card of Business Certificate of Incorporation / Registration TAN Details (if applicable) Bank Statements (Current Account) Financial Documents Balance Sheet Profit & Loss Account Trial Balance Audit Report (if applicable) GST Returns TDS Certificates Other Documents Fixed Asset Details Loan Statements Previous Year’s Income Tax Return Investment & Depreciation Details File Your Business Taxes Stress-Free Avoid last-minute hassles and ensure timely compliance. Let our experienced tax professionals handle your Business Tax Filing accurately and efficiently. Get Expert Advice Frequently Asked Questions Common queries about Business Tax Filing. Is it mandatory for every business to file an Income Tax Return? Yes. Every registered business entity—including Sole Proprietorships, Partnership Firms, LLPs, Private Limited Companies, and One Person Companies (OPCs)—is required to file an Income Tax Return (ITR) as per the applicable provisions of the Income Tax Act. Timely filing helps maintain compliance and avoids penalties. What is the due date for filing Business Tax Returns? The due date depends on the type of business and whether a tax audit is applicable. Generally, businesses not requiring an audit have an earlier due date, while audited businesses are allowed additional time. Filing before the due date helps avoid late filing fees, interest, and compliance issues. What is the difference between Income Tax Return (ITR) and GST Returns? An Income Tax Return (ITR) reports your business income, expenses, profits, and tax liability for a financial year under the Income Tax Act. GST Returns report outward supplies, inward supplies, tax collected, input tax credit, and GST liability under the Goods and Services Tax (GST) laws. Both compliances are mandatory where applicable. Can I file a return if my business incurred a loss? Yes. Even if your business has incurred a loss, filing the Income Tax Return is highly recommended. It enables you to carry forward eligible business losses to future years, subject to the provisions of the Income Tax Act, and maintains your compliance record. What documents are required for Business Tax Filing? The required documents generally include the business PAN, financial statements (Balance Sheet and Profit & Loss Account), bank statements, GST returns, TDS certificates, audit reports (if applicable), loan statements, fixed asset details, and the previous year’s Income Tax Return. What happens if I do not file my Business Income Tax Return? Failure to file your Business Income Tax Return within the prescribed due date may result in late filing fees, interest on outstanding taxes, penalties, loss of certain tax benefits, and notices from the Income Tax Department. Timely filing helps avoid unnecessary compliance issues. Why choose TaxCrafted Solutions for Business Tax Filing? TaxCrafted Solutions offers professional Business Tax Filing services with experienced tax consultants, accurate tax computation, complete compliance support, timely filing, tax planning, notice handling, and personalized guidance for businesses across Delhi and India. Yes. Every registered business entity—including Sole Proprietorships, Partnership Firms, LLPs, Private Limited Companies, and One Person Companies (OPCs)—is required to file an Income Tax Return (ITR) as per the applicable provisions of the Income Tax Act. Timely filing helps maintain compliance and avoids penalties. The due date depends on the type of business and whether a tax audit is applicable. Generally, businesses not requiring an audit have an earlier due date, while audited businesses are allowed additional time. Filing before the due date helps avoid late filing fees, interest, and compliance issues. An Income Tax Return (ITR) reports your business income, expenses, profits, and tax liability for a financial year under the Income Tax Act. GST Returns report outward supplies, inward supplies, tax collected, input tax credit, and GST liability under the Goods and Services Tax (GST) laws. Both compliances are mandatory where applicable. Yes. Even if your business has incurred a loss, filing the Income Tax Return is highly recommended. It enables you to carry forward eligible business losses to future years, subject to the provisions of the Income Tax Act, and maintains your compliance record. The required documents generally include the business PAN, financial statements (Balance Sheet and Profit & Loss Account), bank statements, GST returns, TDS certificates, audit reports (if applicable), loan statements, fixed asset details, and the previous year’s Income Tax Return. Failure to … Read more

Tax Notice Reply Services in Delhi Received an Income Tax Notice? Don’t panic. TaxCrafted Solutions provides professional Tax Notice Reply Services in Delhi to help individuals, businesses, professionals, startups, LLPs, and companies respond accurately to notices issued by the Income Tax Department. Our experienced tax consultants analyze your notice, prepare a legally compliant response, and represent you before the department to ensure quick resolution and complete peace of mind. GET HELP NOW LEARN MORE Why Did You Receive an Income Tax Notice? Receiving an Income Tax Notice does not necessarily mean you have committed tax fraud. The Income Tax Department issues notices for several genuine reasons, including mismatches in income, incorrect deductions, TDS discrepancies, delayed or non-filing of Income Tax Returns (ITR), high-value financial transactions, or requests for additional information. Ignoring a notice can lead to penalties, additional tax demands, interest, scrutiny proceedings, or legal action. Responding correctly within the prescribed timeline is essential. At TaxCrafted Solutions, our tax professionals carefully review your notice, identify the issue, prepare an accurate legal response, and complete the entire filing process on your behalf. Common Income Tax Notices We Handle Section 143(1) – Intimation of Tax Demand or Refund Section 139(9) – Defective Return Notice Section 142(1) – Inquiry Before Assessment Section 143(2) – Scrutiny Assessment Notice Section 148 – Reassessment / Income Escaping Assessment Section 154 – Rectification of Mistakes Section 245 – Refund Adjustment Notice AIS, TIS & Form 26AS Mismatch Notices Our Services Complete Tax Notice Analysis Drafting Professional Legal Replies Online Notice Submission Rectification & Revised Return Filing Representation Before Income Tax Authorities Scrutiny Assessment Assistance Appeal Filing & Litigation Support Follow-up Until Final Resolution How We Resolve Your Tax Notice A systematic approach to handling tax complexities. Notice Review Our experts thoroughly examine the notice, supporting documents, and your Income Tax Return to identify the exact reason behind the notice. Professional Response Drafting We prepare a detailed, accurate, and legally compliant reply supported by relevant documents, calculations, and evidence. Filing & Representation We submit the response through the Income Tax e-Filing Portal, communicate with the department whenever required, and assist until the matter is successfully resolved. Resolve Your Income Tax Notice with Confidence Avoid unnecessary penalties, legal complications, and stress. Let our experienced tax professionals handle your Income Tax Notice professionally while you focus on your work and business. Get Expert Advice Frequently Asked Questions Common queries about Income Tax Notice Reply Services. Why did I receive an Income Tax Notice? An Income Tax Notice may be issued due to mismatches between your Income Tax Return and Form 26AS, AIS or TIS, incorrect deductions claimed, non-filing or delayed filing of ITR, high-value financial transactions, TDS mismatches, or when the department requires additional clarification regarding your return. What is a Defective Return Notice (u/s 139(9))? A notice under Section 139(9) is issued when your Income Tax Return contains missing information, incorrect details, or incomplete disclosures. You must correct the defects and submit the revised information within the prescribed time to prevent your return from being treated as invalid. What happens if I ignore an Income Tax Notice? Ignoring an Income Tax Notice may result in penalties, interest, additional tax demands, scrutiny proceedings, cancellation of refunds, prosecution in serious cases, or ex-parte assessment by the Income Tax Department. It is always advisable to respond within the specified deadline. How do I respond to an Intimation under Section 143(1)? A notice under Section 143(1) generally informs you about a tax refund, tax demand, or mismatch found during processing of your Income Tax Return. Depending on the issue, you may need to accept the demand, pay the outstanding tax, or submit an online rectification request with supporting documents. Should I handle a Scrutiny Assessment under Section 143(2) on my own? Scrutiny Assessments require detailed explanations, financial records, and supporting documents. Since these proceedings involve legal and technical tax provisions, it is strongly recommended to seek assistance from an experienced Chartered Accountant or tax consultant to ensure proper representation before the Income Tax Department. An Income Tax Notice may be issued due to mismatches between your Income Tax Return and Form 26AS, AIS or TIS, incorrect deductions claimed, non-filing or delayed filing of ITR, high-value financial transactions, TDS mismatches, or when the department requires additional clarification regarding your return. A notice under Section 139(9) is issued when your Income Tax Return contains missing information, incorrect details, or incomplete disclosures. You must correct the defects and submit the revised information within the prescribed time to prevent your return from being treated as invalid. Ignoring an Income Tax Notice may result in penalties, interest, additional tax demands, scrutiny proceedings, cancellation of refunds, prosecution in serious cases, or ex-parte assessment by the Income Tax Department. It is always advisable to respond within the specified deadline. A notice under Section 143(1) generally informs you about a tax refund, tax demand, or mismatch found during processing of your Income Tax Return. Depending on the issue, you may need to accept the demand, pay the outstanding tax, or submit an online rectification request with supporting documents. Scrutiny Assessments require detailed explanations, financial records, and supporting documents. Since these proceedings involve legal and technical tax provisions, it is strongly recommended to seek assistance from an experienced Chartered Accountant or tax consultant to ensure proper representation before the Income Tax Department.

ITR-1 (Sahaj) Filing Services File your ITR-1 (Sahaj) accurately and on time with the assistance of experienced tax professionals. At TaxCrafted Solutions, we provide reliable ITR-1 Filing Services in Delhi for salaried employees, pensioners, and eligible resident individuals. Our experts ensure error-free filing, maximum eligible tax savings, and complete compliance with Income Tax Department guidelines. FILE ITR NOW LEARN MORE What is ITR-1 (Sahaj)? ITR-1 (Sahaj) is the simplest Income Tax Return form prescribed by the Income Tax Department for eligible resident individuals. It is suitable for taxpayers whose total annual income does not exceed ₹50 Lakhs and whose income is derived from salary or pension, one house property, other sources such as bank interest, and agricultural income up to ₹5,000. Although the form is simple, incorrect reporting of income, deductions, or tax credits can result in defective returns, delayed refunds, or Income Tax notices. At TaxCrafted Solutions, we ensure your ITR-1 is prepared accurately, filed on time, and fully compliant with the latest tax regulations. Who Can File ITR-1 (Sahaj)? Resident Individuals only. Total Income up to ₹50 Lakhs Income from Salary or Pension Income from One House Property Income from Other Sources (Interest, Family Pension, etc.) Agricultural Income up to ₹5,000 Who Cannot File ITR-1? Directors in a Company Investors Holding Unlisted Equity Shares Individuals Having Business or Professional Income Individuals Earning Capital Gains Individuals Having Foreign Assets or Foreign Income Persons with Agricultural Income exceeding ₹5,000 Individuals with Total Income above ₹50 Lakhs Documents Required Keep these documents ready for smooth ITR filing. Personal Documents PAN Card Aadhaar Card Bank Account Details Mobile Number & Email ID Income Documents Form 16 (Issued by Employer) Salary Slips (if required) Bank Statements Interest Certificates Form 26AS AIS (Annual Information Statement) TIS (Taxpayer Information Summary) Investment & Deduction Proofs LIC Premium Receipts PPF Contribution Details ELSS Investments Health Insurance Premium (Section 80D) Home Loan Interest Certificate Donation Receipts (80G) Other Eligible Tax Saving Investments File Your ITR Today Avoid last-minute stress, penalties, and filing errors. Let our tax professionals handle your ITR-1 (Sahaj) Filing with complete accuracy and compliance. Get Expert Advice Frequently Asked Questions Common queries about ITR-1 (Sahaj) Filing. Who is eligible to file ITR-1 (Sahaj)? ITR-1 (Sahaj) can be filed by Resident Individuals whose total annual income is up to ₹50 Lakhs. Eligible income sources include salary or pension, one house property, other sources such as bank interest, and agricultural income up to ₹5,000. Individuals having business income, capital gains, or foreign assets cannot use ITR-1. Can I file ITR-1 if I have Capital Gains? No. If you have earned any capital gains from the sale of shares, mutual funds, property, or other capital assets, or if you hold unlisted equity shares, you are not eligible to file ITR-1. In such cases, you must file the appropriate Income Tax Return form, such as ITR-2, depending on your income. Is linking Aadhaar with PAN mandatory for filing? Yes. Linking your Aadhaar Card with your PAN is mandatory for filing your Income Tax Return. An inoperative PAN may result in difficulties while filing your return, claiming refunds, or completing other tax-related transactions. What is the difference between the Old Tax Regime and the New Tax Regime? The Old Tax Regime allows taxpayers to claim deductions and exemptions such as Section 80C, Section 80D, HRA, LTA, and home loan benefits. The New Tax Regime offers lower tax rates but permits only limited deductions and exemptions. Choosing the right regime depends on your income, investments, and tax-saving eligibility. What documents are required to file ITR-1? The essential documents include your PAN Card, Aadhaar Card, Form 16, Form 26AS, AIS/TIS, bank statements, interest certificates, and investment proofs for claiming deductions. Keeping these documents ready helps ensure accurate filing and faster processing of your Income Tax Return. ITR-1 (Sahaj) can be filed by Resident Individuals whose total annual income is up to ₹50 Lakhs. Eligible income sources include salary or pension, one house property, other sources such as bank interest, and agricultural income up to ₹5,000. Individuals having business income, capital gains, or foreign assets cannot use ITR-1. No. If you have earned any capital gains from the sale of shares, mutual funds, property, or other capital assets, or if you hold unlisted equity shares, you are not eligible to file ITR-1. In such cases, you must file the appropriate Income Tax Return form, such as ITR-2, depending on your income. Yes. Linking your Aadhaar Card with your PAN is mandatory for filing your Income Tax Return. An inoperative PAN may result in difficulties while filing your return, claiming refunds, or completing other tax-related transactions. The Old Tax Regime allows taxpayers to claim deductions and exemptions such as Section 80C, Section 80D, HRA, LTA, and home loan benefits. The New Tax Regime offers lower tax rates but permits only limited deductions and exemptions. Choosing the right regime depends on your income, investments, and tax-saving eligibility. The essential documents include your PAN Card, Aadhaar Card, Form 16, Form 26AS, AIS/TIS, bank statements, interest certificates, and investment proofs for claiming deductions. Keeping these documents ready helps ensure accurate filing and faster processing of your Income Tax Return.

TDS Filing Services in Delhi Stay compliant with the Income Tax Act through accurate and timely TDS Filing Services in Delhi. At TaxCrafted Solutions, we help businesses, companies, LLPs, partnership firms, proprietorships, trusts, and employers manage their complete TDS compliance—from calculating TDS and depositing tax to filing quarterly TDS returns and issuing TDS certificates. Our experienced tax professionals ensure error-free filings, helping you avoid penalties, interest, and notices from the Income Tax Department. FILE TDS NOW LEARN MORE What is TDS Filing? Tax Deducted at Source (TDS) is a system under the Income Tax Act where tax is deducted by the payer (deductor) before making specified payments such as salaries, professional fees, contractor payments, rent, commission, and interest. The deducted amount must be deposited with the government, followed by filing quarterly TDS returns. Timely and accurate TDS filing helps businesses remain legally compliant while enabling deductees to receive tax credits in their Form 26AS. At TaxCrafted Solutions, we provide complete TDS filing solutions, including calculation, return preparation, correction statements, reconciliation, and issuance of Form 16 and Form 16A, ensuring hassle-free compliance for your business. Our TDS Filing Services TDS Calculation & Deduction Assistance Quarterly TDS Return Filing (Form 24Q, 26Q, 27Q & 27EQ) TDS Payment & Challan Assistance Form 16 & Form 16A Generation TDS Correction Statements (Revised Returns) PAN & Challan Corrections TDS Reconciliation with Form 26AS Complete TDS Compliance Support Why TDS Filing is Important Complete Compliance with Income Tax Laws Avoid Late Filing Fees & Penalties Prevent Interest on Delayed Deposits Ensure Accurate Tax Credit for Deductees Build Business Credibility Reduce Chances of Income Tax Notices Maintain Proper Financial Records Documents Required Keep these handy for a smooth filing process. Business Information TAN Registration Details PAN of Deductor GSTIN (if applicable) Business Address Proof Contact Details Deductee Information PAN of Employees or Vendors Nature of Payment Payment Details Date of Deduction TDS Amount Deducted Payment & Challan Details BSR Code Challan Serial Number Date of Tax Deposit Challan Identification Number (CIN) Total Amount Deposited Ensure Timely TDS Compliance Avoid penalties and filing errors by letting our experienced tax professionals handle your complete TDS compliance. From calculating deductions to filing quarterly returns and issuing certificates, we provide end-to-end TDS filing solutions for businesses across Delhi and India. Get Expert Advice Frequently Asked Questions Common queries about TDS Filing Services. What are the due dates for filing quarterly TDS returns? TDS returns are filed every quarter. The due dates are generally 31st July for Quarter 1 (April–June), 31st October for Quarter 2 (July–September), 31st January for Quarter 3 (October–December), and 31st May for Quarter 4 (January–March). Filing returns on time helps avoid late fees and penalties. What is the difference between Form 24Q and Form 26Q? Form 24Q is used for filing TDS returns on salary payments deducted under Section 192 of the Income Tax Act. Form 26Q is used for reporting TDS deducted on non-salary payments such as professional fees, contractor payments, rent, commission, and interest. What is the penalty for late filing of TDS returns? If a TDS return is filed after the due date, a late filing fee of ₹200 per day is levied under Section 234E until the return is filed. The total late fee cannot exceed the amount of TDS deducted. Additional penalties and interest may also apply in certain cases for non-compliance. How can I correct a mistake in a filed TDS return? If you discover errors in PAN details, challan information, deduction amounts, or deductee records after filing, you can submit a TDS Correction Statement (Revised Return). Filing a correction statement helps rectify mistakes and ensures accurate tax credit for deductees. Is it mandatory to issue TDS certificates to deductees? Yes. After depositing TDS and filing the quarterly return, deductors must issue Form 16 for salary payments and Form 16A for non-salary payments within the prescribed time. These certificates enable deductees to claim TDS credit while filing their Income Tax Returns. TDS returns are filed every quarter. The due dates are generally 31st July for Quarter 1 (April–June), 31st October for Quarter 2 (July–September), 31st January for Quarter 3 (October–December), and 31st May for Quarter 4 (January–March). Filing returns on time helps avoid late fees and penalties. Form 24Q is used for filing TDS returns on salary payments deducted under Section 192 of the Income Tax Act. Form 26Q is used for reporting TDS deducted on non-salary payments such as professional fees, contractor payments, rent, commission, and interest. If a TDS return is filed after the due date, a late filing fee of ₹200 per day is levied under Section 234E until the return is filed. The total late fee cannot exceed the amount of TDS deducted. Additional penalties and interest may also apply in certain cases for non-compliance. If you discover errors in PAN details, challan information, deduction amounts, or deductee records after filing, you can submit a TDS Correction Statement (Revised Return). Filing a correction statement helps rectify mistakes and ensures accurate tax credit for deductees. Yes. After depositing TDS and filing the quarterly return, deductors must issue Form 16 for salary payments and Form 16A for non-salary payments within the prescribed time. These certificates enable deductees to claim TDS credit while filing their Income Tax Returns.

ITR-2 Return Filing Services in Delhi File your ITR-2 Return accurately with experienced tax professionals. Whether you have capital gains, multiple house properties, foreign income, foreign assets, or directorship in a company, TaxCrafted Solutions provides reliable ITR-2 Filing Services in Delhi to ensure complete compliance with the Income Tax Act while minimizing errors and avoiding tax notices. FILE ITR-2 NOW LEARN MORE What is ITR-2 Return? ITR-2 is an Income Tax Return form meant for Individuals and Hindu Undivided Families (HUFs) who do not have income from business or profession. It is applicable to taxpayers earning income from salary or pension, multiple house properties, capital gains, foreign assets or income, agricultural income above the prescribed limit, or those holding directorships in companies. Compared to ITR-1, ITR-2 involves detailed reporting requirements, particularly for capital gains, foreign assets, investments, and tax credits. At TaxCrafted Solutions, our Chartered Accountants ensure accurate computation, proper disclosure, and timely filing to help you stay fully compliant with Income Tax Department regulations. Who Can File ITR-2? Individuals and HUFs (without Business or Professional Income) Salary or Pension Income Income from Capital Gains Income from More than One House Property Foreign Income or Foreign Assets Directors in a Company Shareholders Holding Unlisted Equity Shares Agricultural Income exceeding ₹5,000 Individuals with Total Income above ₹50 Lakhs (where applicable) Who Cannot File ITR-2? Individuals having Business or Professional Income Proprietorship Businesses Partnership Firms Limited Liability Partnerships (LLPs) Companies Individuals required to file ITR-3 or other applicable ITR forms Documents Required Keep these documents ready for hassle-free ITR-2 filing. Personal & Income Documents PAN Card Aadhaar Card Bank Account Details Mobile Number & Email ID Form 16 (Salary) Salary Slips (if applicable) Bank Statements Interest Certificates Form 26AS AIS & TIS Reports Capital Gains Documents Share Trading Statements Mutual Fund Capital Gain Statements Property Purchase & Sale Deeds Improvement Cost Details Brokerage Statements Other Documents Rental Income Details Home Loan Interest Certificate Foreign Asset & Foreign Income Details Investment Proofs (80C, 80D, etc.) TDS Certificates (Form 16A/16B/16C) File Your ITR-2 With Confidence Whether you have capital gains, rental income, foreign assets, or complex income sources, our experts ensure your ITR-2 Return is prepared accurately and filed on time. Get Expert Advice Frequently Asked Questions Common queries about ITR-2 Return Filing. Who is eligible to file ITR-2? ITR-2 is meant for Individuals and Hindu Undivided Families (HUFs) who do not earn income from business or profession. It is applicable if you have salary or pension income, capital gains, income from multiple house properties, foreign assets or income, agricultural income above ₹5,000, or if you are a company director or hold unlisted equity shares. Do I need to file ITR-2 if I sold shares or mutual funds? Yes. If you have earned short-term or long-term capital gains from the sale of shares, mutual funds, property, or other capital assets, you are generally required to file ITR-2. Such income cannot normally be reported through ITR-1. Is ITR-2 applicable for NRIs? Yes. Non-Resident Indians (NRIs) who are required to file an income tax return in India generally use ITR-2, provided they do not have income from business or profession that requires another return form. The applicable ITR depends on the nature of income earned in India. Can a salaried person file ITR-2? Yes. A salaried individual must file ITR-2 instead of ITR-1 if they have capital gains, more than one house property, foreign assets or foreign income, unlisted equity shares, directorship in a company, or any other income that makes them ineligible for ITR-1. Do I need to declare foreign assets in ITR-2? Yes. If you are required to disclose foreign assets, financial interests, foreign bank accounts, or signing authority outside India, these details must be reported in the Foreign Assets (FA) Schedule of the ITR-2 return, as applicable under the Income Tax Act. ITR-2 is meant for Individuals and Hindu Undivided Families (HUFs) who do not earn income from business or profession. It is applicable if you have salary or pension income, capital gains, income from multiple house properties, foreign assets or income, agricultural income above ₹5,000, or if you are a company director or hold unlisted equity shares. Yes. If you have earned short-term or long-term capital gains from the sale of shares, mutual funds, property, or other capital assets, you are generally required to file ITR-2. Such income cannot normally be reported through ITR-1. Yes. Non-Resident Indians (NRIs) who are required to file an income tax return in India generally use ITR-2, provided they do not have income from business or profession that requires another return form. The applicable ITR depends on the nature of income earned in India. Yes. A salaried individual must file ITR-2 instead of ITR-1 if they have capital gains, more than one house property, foreign assets or foreign income, unlisted equity shares, directorship in a company, or any other income that makes them ineligible for ITR-1. Yes. If you are required to disclose foreign assets, financial interests, foreign bank accounts, or signing authority outside India, these details must be reported in the Foreign Assets (FA) Schedule of the ITR-2 return, as applicable under the Income Tax Act.

ITR-3 Return Filing Services in Delhi File your ITR-3 Return accurately with experienced Chartered Accountants. Whether you are a business owner, freelancer, consultant, doctor, lawyer, architect, or other professional, TaxCrafted Solutions provides reliable ITR-3 Return Filing Services in Delhi to ensure complete tax compliance, maximum eligible deductions, and timely filing. FILE ITR-3 NOW LEARN MORE What is ITR-3 Return? ITR-3 is an Income Tax Return form designed for Individuals and Hindu Undivided Families (HUFs) who earn income from a business or profession. It is applicable to proprietors, self-employed professionals, consultants, freelancers, traders, and individuals with business income, along with income from salary, house property, capital gains, or other sources. Filing ITR-3 involves detailed reporting of business income, expenses, depreciation, GST details, tax audit information, and financial statements. At TaxCrafted Solutions, our experienced Chartered Accountants prepare and file your return accurately while ensuring compliance with the latest Income Tax regulations and helping you avoid notices, penalties, and unnecessary tax liabilities. Who Can File ITR-3? Individuals and HUFs having Business Income Self-Employed Professionals Doctors, Chartered Accountants, Lawyers & Architects Consultants and Freelancers Proprietorship Business Owners Individuals with Intraday Trading Income Individuals with Futures & Options (F&O) Trading Income Individuals having Salary along with Business or Professional Income Individuals with Capital Gains and Business Income Who Cannot File ITR-3? Companies Partnership Firms and LLPs Individuals opting for Presumptive Taxation under ITR-4 Trusts and Charitable Institutions Individuals without Business or Professional Income who are eligible for other ITR forms Documents Required Keep these documents ready for smooth ITR-3 filing. Personal & Tax Documents PAN Card Aadhaar Card Bank Account Details Mobile Number & Email ID Form 26AS AIS & TIS Reports Business Documents Profit & Loss Account Balance Sheet Books of Accounts GST Returns Sales & Purchase Register Expense Bills & Vouchers Business Bank Statements Audit Report (if applicable) Other Income Documents Form 16 (if salaried) Capital Gain Statements Dividend Statements Rental Income Details Interest Certificates Investment Proofs under Sections 80C, 80D, etc. File Your ITR-3 Return with Confidence Whether you are a business owner, freelancer, consultant, or self-employed professional, our experts ensure your ITR-3 Return is filed accurately, on time, and in complete compliance with Income Tax laws. Get Expert Advice Frequently Asked Questions Common queries about ITR-3 Return Filing. Who is required to file ITR-3? ITR-3 is meant for Individuals and Hindu Undivided Families (HUFs) earning income from a business or profession. It is commonly used by proprietors, self-employed professionals, consultants, freelancers, traders, doctors, lawyers, architects, and others who are not eligible to file ITR-4 under the presumptive taxation scheme. Do I need to file ITR-3 for Intraday or F&O Trading? Yes. Intraday trading income is generally treated as speculative business income, while Futures & Options (F&O) trading is considered non-speculative business income. Such income or losses are generally reported through ITR-3 unless you are eligible and opt for another applicable return under the Income Tax provisions. Can a salaried person with business income file ITR-3? Yes. If you earn salary income along with income from a business or profession, such as freelancing, consultancy, or a proprietorship business, you should generally file ITR-3 to report all your income sources accurately. Is maintaining books of accounts mandatory for ITR-3? Maintenance of books of accounts depends on the nature of your business or profession and the turnover or income limits prescribed under the Income Tax Act. In certain cases, a tax audit may also be applicable. Our experts can help determine your compliance requirements. What is the difference between ITR-3 and ITR-4? ITR-3 is meant for taxpayers who declare their actual business or professional income and maintain regular books of accounts. ITR-4 (Sugam) is intended for eligible taxpayers opting for the Presumptive Taxation Scheme under Sections 44AD, 44ADA, or 44AE, subject to the prescribed conditions and eligibility criteria. ITR-3 is meant for Individuals and Hindu Undivided Families (HUFs) earning income from a business or profession. It is commonly used by proprietors, self-employed professionals, consultants, freelancers, traders, doctors, lawyers, architects, and others who are not eligible to file ITR-4 under the presumptive taxation scheme. Yes. Intraday trading income is generally treated as speculative business income, while Futures & Options (F&O) trading is considered non-speculative business income. Such income or losses are generally reported through ITR-3 unless you are eligible and opt for another applicable return under the Income Tax provisions. Yes. If you earn salary income along with income from a business or profession, such as freelancing, consultancy, or a proprietorship business, you should generally file ITR-3 to report all your income sources accurately. Maintenance of books of accounts depends on the nature of your business or profession and the turnover or income limits prescribed under the Income Tax Act. In certain cases, a tax audit may also be applicable. Our experts can help determine your compliance requirements. ITR-3 is meant for taxpayers who declare their actual business or professional income and maintain regular books of accounts. ITR-4 (Sugam) is intended for eligible taxpayers opting for the Presumptive Taxation Scheme under Sections 44AD, 44ADA, or 44AE, subject to the prescribed conditions and eligibility criteria.

ITR-4 (Sugam) Return Filing Simplify your tax compliance with expert ITR-4 (Sugam) Return Filing Services in Delhi. We help small business owners, freelancers, consultants, professionals, and eligible taxpayers file their income tax returns accurately under the Presumptive Taxation Scheme, ensuring timely compliance, maximum tax efficiency, and complete peace of mind. FILE ITR-4 NOW LEARN MORE What is ITR-4 (Sugam) Return? ITR-4 (Sugam) is an Income Tax Return form meant for Resident Individuals, Hindu Undivided Families (HUFs), and Partnership Firms (excluding LLPs) who opt for the Presumptive Taxation Scheme under Sections 44AD, 44ADA, or 44AE of the Income Tax Act. Under this scheme, eligible taxpayers can declare income as a prescribed percentage of their turnover or gross receipts instead of maintaining detailed books of accounts. This makes tax filing faster, simpler, and more convenient for small businesses and professionals. At TaxCrafted Solutions, our Chartered Accountants help determine your eligibility, prepare your return accurately, claim eligible deductions, and ensure complete compliance with the latest Income Tax regulations. Who Can File ITR-4? Resident Individuals Hindu Undivided Families (HUFs) Partnership Firms (excluding LLPs) Small Business Owners under Section 44AD Freelancers and Professionals under Section 44ADA Transport Businesses under Section 44AE Shop Owners and Retail Traders Consultants and Self-Employed Professionals Eligible Taxpayers opting for Presumptive Taxation Who Cannot File ITR-4? Limited Liability Partnerships (LLPs) Companies Directors in a Company Individuals holding Unlisted Equity Shares Individuals having Capital Gains Individuals having Foreign Assets or Foreign Income Individuals whose total income exceeds the prescribed eligibility limits Individuals having income from more than one ineligible source Documents Required Keep these documents ready for hassle-free ITR-4 filing. Personal Documents PAN Card Aadhaar Card Mobile Number Email ID Bank Account Details Business & Income Documents Bank Statements Cash Book or Sales Summary Business Turnover Details GST Returns (if applicable) Form 26AS AIS & TIS Reports TDS Certificates Tax Saving Documents Investment Proofs under Section 80C Health Insurance Premium Receipts (80D) Advance Tax Challans Housing Loan Interest Certificate (if applicable) Simplify Your Business Taxes Focus on growing your business while our experts handle your ITR-4 (Sugam) Return Filing accurately, securely, and on time. Get Expert Advice Frequently Asked Questions Common queries about ITR-4 (Sugam) Return Filing. Who is eligible to file ITR-4 (Sugam)? ITR-4 is meant for Resident Individuals, Hindu Undivided Families (HUFs), and Partnership Firms (excluding LLPs) that opt for the Presumptive Taxation Scheme under Sections 44AD, 44ADA, or 44AE, subject to the eligibility conditions prescribed under the Income Tax Act. What is Presumptive Taxation? The Presumptive Taxation Scheme allows eligible taxpayers to declare income at a prescribed percentage of their turnover or gross receipts instead of maintaining detailed books of accounts. This simplifies tax compliance for small businesses and professionals while reducing record-keeping requirements. Can a freelancer or doctor file ITR-4? Yes. Eligible professionals such as doctors, lawyers, architects, consultants, freelancers, engineers, and Chartered Accountants may file ITR-4 under Section 44ADA, provided they satisfy the prescribed conditions and choose the Presumptive Taxation Scheme. Can I file ITR-4 if I have capital gains? No. If you have taxable Capital Gains from the sale of shares, mutual funds, property, or other capital assets, you are generally not eligible to file ITR-4. Depending on your income sources, you may need to file ITR-2 or ITR-3 instead. Is ITR-4 applicable to LLPs? No. Limited Liability Partnerships (LLPs) are not eligible to file ITR-4 (Sugam). LLPs are generally required to file ITR-5 under the Income Tax Act. ITR-4 is meant for Resident Individuals, Hindu Undivided Families (HUFs), and Partnership Firms (excluding LLPs) that opt for the Presumptive Taxation Scheme under Sections 44AD, 44ADA, or 44AE, subject to the eligibility conditions prescribed under the Income Tax Act. The Presumptive Taxation Scheme allows eligible taxpayers to declare income at a prescribed percentage of their turnover or gross receipts instead of maintaining detailed books of accounts. This simplifies tax compliance for small businesses and professionals while reducing record-keeping requirements. Yes. Eligible professionals such as doctors, lawyers, architects, consultants, freelancers, engineers, and Chartered Accountants may file ITR-4 under Section 44ADA, provided they satisfy the prescribed conditions and choose the Presumptive Taxation Scheme. No. If you have taxable Capital Gains from the sale of shares, mutual funds, property, or other capital assets, you are generally not eligible to file ITR-4. Depending on your income sources, you may need to file ITR-2 or ITR-3 instead. No. Limited Liability Partnerships (LLPs) are not eligible to file ITR-4 (Sugam). LLPs are generally required to file ITR-5 under the Income Tax Act.

ITR-5 Return Filing Services in Delhi Specialized tax filing for LLPs, AOPs, BOIs, and Firms. Ensure accuracy and compliance with expert assistance. FILE ITR-5 NOW LEARN MORE What is ITR-5 Return? The ITR-5 form is applicable for entities such as Firms, Limited Liability Partnerships (LLPs), Associations of Persons (AOPs), Bodies of Individuals (BOIs), Artificial Juridical Persons (AJP), Estates of deceased/insolvent, Business Trusts, and Investment Funds. At Taxcrafted Solutions, we specialize in delivering expert ITR-5 return services. We understand the unique compliance requirements for these entities and provide comprehensive solutions to ensure your tax returns are filed accurately and on time. Who Can File? Firms Limited Liability Partnerships (LLPs) Association of Persons (AOPs) Body of Individuals (BOIs) Cooperative Societies Who Cannot File? Individuals (ITR-1/2/3/4) HUFs (ITR-1/2/3/4) Companies (ITR-6) Trusts/Political Parties (ITR-7) Requirements & Eligibility Get your limit sanctioned with minimal hassle. Personal Info PAN Card of Entity Incorporation/Partnership Deed Aadhaar of Partners/Members Income Details Balance Sheet & P&L A/c Audit Reports (if applicable) Bank Statements TDS Certificates Tax & Deductions Capital Gains Proofs Rental Income Agreements Investment Proofs Seamless ITR-5 Filing Trust Taxcrafted Solutions for accurate and hassle-free tax filing for your business. Get Expert Advice Frequently Asked Questions Common queries about ITR-5 Filing. Who is eligible to file ITR-5? ITR-5 is for persons other than Individuals, HUFs, and Companies. This includes Firms, Limited Liability Partnerships (LLPs), Association of Persons (AOPs), Body of Individuals (BOIs), Artificial Juridical Persons, and Local Authorities. Can a Private Limited Company file ITR-5? No, Private Limited Companies and other companies are required to file ITR-6. ITR-5 is strictly for non-corporate entities like partnerships and LLPs. Is audit mandatory for filing ITR-5? Audit is mandatory for LLPs if their turnover exceeds ₹40 Lakhs or contribution exceeds ₹25 Lakhs. For Partnership Firms, a tax audit is required if turnover exceeds ₹1 Crore (or ₹10 Crores for digital transactions). In such cases, the audit report must be filed electronically along with the return. What is the due date for filing ITR-5? If the accounts of the Firm/LLP are not required to be audited, the due date is 31st July. If audit is applicable, the due date is 31st October of the assessment year. Do I need to submit physical documents? No, ITR-5 is an annexure-less return. No documents (like balance sheet, partnership deed) need to be attached. However, you must keep them ready as they may be required if the Income Tax Department issues a notice for scrutiny. ITR-5 is for persons other than Individuals, HUFs, and Companies. This includes Firms, Limited Liability Partnerships (LLPs), Association of Persons (AOPs), Body of Individuals (BOIs), Artificial Juridical Persons, and Local Authorities. No, Private Limited Companies and other companies are required to file ITR-6. ITR-5 is strictly for non-corporate entities like partnerships and LLPs. Audit is mandatory for LLPs if their turnover exceeds ₹40 Lakhs or contribution exceeds ₹25 Lakhs. For Partnership Firms, a tax audit is required if turnover exceeds ₹1 Crore (or ₹10 Crores for digital transactions). In such cases, the audit report must be filed electronically along with the return. If the accounts of the Firm/LLP are not required to be audited, the due date is 31st July. If audit is applicable, the due date is 31st October of the assessment year. No, ITR-5 is an annexure-less return. No documents (like balance sheet, partnership deed) need to be attached. However, you must keep them ready as they may be required if the Income Tax Department issues a notice for scrutiny.

ITR-6 Return Filing Services in Delhi Specialized tax filing for Companies (Private Limited, Public Limited, etc.). Ensure 100% compliance with Taxcrafted Solutions. FILE ITR-6 NOW LEARN MORE What is ITR-6 Return? The ITR-6 form is mandatory for companies (other than companies claiming exemption under Section 11) to file their income tax returns electronically. This includes Private Limited Companies, Public Limited Companies, and One Person Companies (OPC). Taxcrafted Solutions offers expert ITR-6 return services in Delhi. We ensure your company’s tax returns are filed accurately, claiming all eligible deductions and complying with the latest tax laws, minimizing the risk of scrutiny and penalties. Who Can File? Private Limited Companies Public Limited Companies One Person Companies (OPC) Limited Liability Companies Who Cannot File? Companies claiming Sec 11 exemption (Trusts/NGOs) Individuals/HUFs Partnership Firms/LLPs Documents Required Ensure a smooth filing process with the right documents. Company Info Company PAN Card Certificate of Incorporation Digital Signature (DSC) DIN of Directors Financials Balance Sheet & P&L A/c Statutory Audit Report Tax Audit Report (if applicable) Bank Statements Other Docs TDS Certificates GST Returns Advance Tax Challans MAT Calculation Details Seamless ITR-6 Filing Trust Taxcrafted Solutions for accurate and hassle-free tax filing for your company. Get Expert Advice Frequently Asked Questions Common queries about ITR-6 Filing. Who is required to file ITR-6? ITR-6 is mandatory for all Companies registered under the Companies Act (Private Limited, Public Limited, OPC) other than those claiming exemption under Section 11 (Charitable/Religious Trusts). Is Digital Signature mandatory for ITR-6? Yes, unlike other forms where EVC (OTP) is an option, ITR-6 must be filed electronically using a valid Digital Signature Certificate (DSC) of the authorized signatory (Director). What is the due date for filing ITR-6? Since all companies are subject to statutory audit under the Companies Act, the due date for filing ITR-6 is typically 31st October of the assessment year (or 30th November if Transfer Pricing applies). Can a company file ITR-6 if it has zero business? Yes, filing ITR-6 is mandatory for every registered company, even if it has no business operations or has incurred a loss (Nil Return). Non-filing can lead to penalties and prosecution. What details are required in the ITR-6 form? The form requires detailed information from the audited Balance Sheet and Profit & Loss Account, including shareholding patterns, asset details, and specific disclosures related to unlisted equity shares. ITR-6 is mandatory for all Companies registered under the Companies Act (Private Limited, Public Limited, OPC) other than those claiming exemption under Section 11 (Charitable/Religious Trusts). Yes, unlike other forms where EVC (OTP) is an option, ITR-6 must be filed electronically using a valid Digital Signature Certificate (DSC) of the authorized signatory (Director). Since all companies are subject to statutory audit under the Companies Act, the due date for filing ITR-6 is typically 31st October of the assessment year (or 30th November if Transfer Pricing applies). Yes, filing ITR-6 is mandatory for every registered company, even if it has no business operations or has incurred a loss (Nil Return). Non-filing can lead to penalties and prosecution. The form requires detailed information from the audited Balance Sheet and Profit & Loss Account, including shareholding patterns, asset details, and specific disclosures related to unlisted equity shares.