{"id":5438,"date":"2024-07-14T14:47:35","date_gmt":"2024-07-14T14:47:35","guid":{"rendered":"https:\/\/bharattaxservices.com\/?page_id=5438"},"modified":"2024-07-14T23:13:40","modified_gmt":"2024-07-14T23:13:40","slug":"income-tax-filling","status":"publish","type":"page","link":"https:\/\/bharattaxservices.com\/index.php\/income-tax-filling\/","title":{"rendered":"INCOME TAX FILLING"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;8px|||||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row column_structure=&#8221;3_5,2_5&#8243; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;||27px|||&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;][et_pb_column type=&#8221;3_5&#8243; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; header_5_font=&#8221;Poppins|600|||||||&#8221; header_5_font_size=&#8221;36px&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<h5>Have you filed ITR for the FY-23\/24<\/h5>\n<div class=\"tax_a_b\"><\/div>\n<p>[\/et_pb_text][et_pb_countdown_timer title=&#8221;YOU HAVE ONLY&#8221; date_time=&#8221;2024-07-31 23:10&#8243; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#000000&#8243; hover_enabled=&#8221;0&#8243; sticky_enabled=&#8221;0&#8243;][\/et_pb_countdown_timer][\/et_pb_column][et_pb_column type=&#8221;2_5&#8243; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; background_color=&#8221;#ffffff&#8221; custom_padding=&#8221;18px||18px||true|false&#8221; border_radii=&#8221;on|11px|11px|11px|11px&#8221; box_shadow_style=&#8221;preset1&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_contact_form captcha=&#8221;off&#8221; title=&#8221;File Your ITR Now&#8221; success_message=&#8221;You did the right thing. Our representative will contact you soon.&#8221; submit_button_text=&#8221;CONTACT NOW&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; _unique_id=&#8221;28f1ac95-5f36-44b5-957c-297a9bcf5a83&#8243; form_field_background_color=&#8221;#ffffff&#8221; title_text_align=&#8221;center&#8221; background_enable_color=&#8221;off&#8221; custom_button=&#8221;on&#8221; button_text_size=&#8221;15px&#8221; button_text_color=&#8221;#ffffff&#8221; button_bg_color=&#8221;#47a43d&#8221; button_border_color=&#8221;#47a43d&#8221; button_font=&#8221;|||on|||||&#8221; button_icon=&#8221;&#x24;||divi||400&#8243; button_on_hover=&#8221;off&#8221; button_custom_margin=&#8221;|0px|||false|false&#8221; button_custom_padding=&#8221;|110px||114px|false|false&#8221; width=&#8221;87%&#8221; module_alignment=&#8221;center&#8221; border_radii=&#8221;on|7px|7px|7px|7px&#8221; border_width_all=&#8221;1px&#8221; box_shadow_style_button=&#8221;preset2&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_contact_field field_id=&#8221;Name&#8221; field_title=&#8221;Name&#8221; fullwidth_field=&#8221;on&#8221; _builder_version=&#8221;4.24.3&#8243; background_color=&#8221;#ffffff&#8221; background_enable_color=&#8221;on&#8221; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_contact_field][et_pb_contact_field field_id=&#8221;Email&#8221; field_title=&#8221;Email Address&#8221; field_type=&#8221;email&#8221; fullwidth_field=&#8221;on&#8221; _builder_version=&#8221;4.24.3&#8243; global_colors_info=&#8221;{}&#8221; button_text_size__hover_enabled=&#8221;off&#8221; button_one_text_size__hover_enabled=&#8221;off&#8221; button_two_text_size__hover_enabled=&#8221;off&#8221; button_text_color__hover_enabled=&#8221;off&#8221; button_one_text_color__hover_enabled=&#8221;off&#8221; button_two_text_color__hover_enabled=&#8221;off&#8221; button_border_width__hover_enabled=&#8221;off&#8221; button_one_border_width__hover_enabled=&#8221;off&#8221; button_two_border_width__hover_enabled=&#8221;off&#8221; button_border_color__hover_enabled=&#8221;off&#8221; button_one_border_color__hover_enabled=&#8221;off&#8221; button_two_border_color__hover_enabled=&#8221;off&#8221; button_border_radius__hover_enabled=&#8221;off&#8221; button_one_border_radius__hover_enabled=&#8221;off&#8221; button_two_border_radius__hover_enabled=&#8221;off&#8221; button_letter_spacing__hover_enabled=&#8221;off&#8221; button_one_letter_spacing__hover_enabled=&#8221;off&#8221; button_two_letter_spacing__hover_enabled=&#8221;off&#8221; button_bg_color__hover_enabled=&#8221;off&#8221; button_one_bg_color__hover_enabled=&#8221;off&#8221; button_two_bg_color__hover_enabled=&#8221;off&#8221;][\/et_pb_contact_field][et_pb_contact_field field_id=&#8221;Phone&#8221; field_title=&#8221;Phone&#8221; fullwidth_field=&#8221;on&#8221; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_contact_field][\/et_pb_contact_form][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; custom_padding=&#8221;0px|||||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.24.3&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h3>Income Tax Return Filing with Bharat Tax Services<\/h3>\n<h4>1. What is ITR Filing?<\/h4>\n<p>Income Tax Return (ITR) filing is the process of declaring your income, expenses, and tax payments to the Income Tax Department of India. By filing your ITR, you inform the government about your annual income and the taxes paid on it. This ensures compliance with the law and helps the government collect the appropriate amount of tax.<\/p>\n<h4>2. Income Tax Return Filing Benefits<\/h4>\n<ul>\n<li><strong>Legal Compliance<\/strong>: Filing your ITR is mandatory if your income exceeds the specified threshold. It keeps you compliant with tax laws.<\/li>\n<li><strong>Proof of Income<\/strong>: ITR serves as a proof of income, which is essential for loan applications, visa processing, and other financial transactions.<\/li>\n<li><strong>Claiming Refunds<\/strong>: If excess tax is paid, filing an ITR allows you to claim a refund.<\/li>\n<li><strong>Carrying Forward Losses<\/strong>: Timely filing enables you to carry forward losses to offset against future income.<\/li>\n<li><strong>Avoiding Penalties<\/strong>: Timely filing helps avoid penalties and interest on unpaid taxes.<\/li>\n<li><strong>Financial Planning<\/strong>: Regular ITR filing aids in better financial planning and investment decisions.<br \/><span style=\"color: #ff0000;\"><br \/><\/span><\/li>\n<\/ul>\n<h4>3. Documents Required for ITR Filing<\/h4>\n<p>To file your ITR accurately, you need to gather the following documents:<\/p>\n<ul>\n<li><strong>PAN Card<\/strong>: Permanent Account Number<span style=\"color: #ff0000;\">*<\/span><\/li>\n<li><strong>Aadhaar Card<\/strong>: Unique Identification Number<span style=\"color: #00ff00;\">*<\/span><\/li>\n<li><strong>Form 16<\/strong>: Issued by your employer<span style=\"color: #00ff00;\">*<\/span><\/li>\n<li><strong>Form 26AS<\/strong>: Annual Tax Statement<span style=\"color: #ff0000;\">*<\/span><\/li>\n<li><strong>Bank Statements<\/strong>: Summary of financial transactions<span style=\"color: #00ff00;\">*<\/span><\/li>\n<li><strong>Investment Proofs<\/strong>: Receipts for tax-saving investments (e.g., LIC, PPF, NSC)<span style=\"color: #ff0000;\">*<\/span><\/li>\n<li><strong>Loan Certificates<\/strong>: Home loan interest certificates<span style=\"color: #00ff00;\">*<\/span><\/li>\n<li><strong>Rental Income Proofs<\/strong>: Details of rental income and receipts<span style=\"color: #00ff00;\">*<\/span><\/li>\n<li><strong>Capital Gains Statements<\/strong>: For sale\/purchase of assets<span style=\"color: #00ff00;\">*<\/span><\/li>\n<li><strong>Other Income Proofs<\/strong>: Interest income, freelance earnings, etc.<span style=\"color: #00ff00;\">*<\/span><\/li>\n<li><strong>Tax Payment Receipts<\/strong>: Advance tax, self-assessment tax payments<br \/><span style=\"color: #ff0000;\">*Mandatory<br \/><span style=\"color: #00ff00;\">*Optional<\/span><\/span><\/li>\n<\/ul>\n<h4>4. Fine and Late Fees for Not Filing ITR Before the Due Date<\/h4>\n<p>Filing your ITR after the due date can attract penalties and late fees:<\/p>\n<ul>\n<li><strong>Penalty<\/strong>: A fee of up to \u20b95,000 if the return is filed after 31st july. If filed after December 31st, the penalty can increase to \u20b910,000. For taxpayers with an income below \u20b95 lakhs, the maximum penalty is \u20b91,000.<\/li>\n<li><strong>Interest<\/strong>: Interest under Section 234A at 1% per month or part of a month on the unpaid tax amount from the due date till the actual filing date.<\/li>\n<li><strong>Loss of Benefits<\/strong>: Losses cannot be carried forward if the ITR is not filed on time.<\/li>\n<\/ul>\n<p>Avoid these penalties and ensure timely compliance by partnering with Bharat Tax Services. Contact us today!<\/p>\n<h4>5.Our Charges<\/h4>\n<ul>\n<li><strong>Annual Income Less than \u20b97.5 Lakhs<\/strong>: Filing Charge \u20b9500<\/li>\n<li><strong>Annual Income More than \u20b97.5 Lakhs<\/strong>: Filing Charge \u20b91,000<\/li>\n<\/ul>\n<h4>6. How to Connect with Us<\/h4>\n<p>At Bharat Tax Services, we make the ITR filing process simple and efficient. Here\u2019s how you can get in touch with us:<\/p>\n<ul>\n<li><strong>Email<\/strong>: <a rel=\"noreferrer\">info@bharattaxservices.com<\/a><\/li>\n<li><strong>Website<\/strong>: <a rel=\"noreferrer noopener\" target=\"_new\" href=\"http:\/\/www.bharattaxservices.com\">www.bharattaxservices.com<\/a><\/li>\n<li><strong>Phone\/Whatsapp<\/strong>: 7978866184<\/li>\n<\/ul>\n<p>Our expert team is ready to assist you at every step of the ITR filing process, ensuring accuracy and compliance while maximizing your tax benefits.<\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Have you filed ITR for the FY-23\/24 Income Tax Return Filing with Bharat Tax Services 1. What is ITR Filing? Income Tax Return (ITR) filing is the process of declaring your income, expenses, and tax payments to the Income Tax Department of India. By filing your ITR, you inform the government about your annual income [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"_links":{"self":[{"href":"https:\/\/bharattaxservices.com\/index.php\/wp-json\/wp\/v2\/pages\/5438"}],"collection":[{"href":"https:\/\/bharattaxservices.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/bharattaxservices.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/bharattaxservices.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bharattaxservices.com\/index.php\/wp-json\/wp\/v2\/comments?post=5438"}],"version-history":[{"count":6,"href":"https:\/\/bharattaxservices.com\/index.php\/wp-json\/wp\/v2\/pages\/5438\/revisions"}],"predecessor-version":[{"id":5575,"href":"https:\/\/bharattaxservices.com\/index.php\/wp-json\/wp\/v2\/pages\/5438\/revisions\/5575"}],"wp:attachment":[{"href":"https:\/\/bharattaxservices.com\/index.php\/wp-json\/wp\/v2\/media?parent=5438"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}