Income Tax Return

Income Tax Return is a form in which the taxpayers need to declare their incomes from all the sources, eligible deductions, and tax payments if there are any. Income tax return forms range from ITR 1 to ITR 7 which are used for different types of income and different types of entities.

Income Tax Return

In case you have paid more taxes than required payable then you are entitled to an Income tax refund. Most of the cases where more taxes are beforehand paid, are TDS or Advance Tax paid by you. In such cases, you should show the correct incomes and taxes in your Tax Returns.

Filing ITR forms is a totally online and paperless process. There is no need to submit any type of physical return to the local income tax offices. Income Tax Return should be filed for a particular Financial Year which is from April to March irrespective of Accounting Year adopted by you. Legal Way is one of the leading business service providers in India. We offer multiple types of services like income tax filing and income tax return maintaining, PF registration and returns, GST returns filing, private limited company registration, trademark filing and many more. Legal Way can help you with Income Tax Return and also maintain the financial compliances through proprietary accounting software.

PF Return

    PAN Card
    Bank Statement
    Form 16 & 16A
    Digital Signature Certificate

Frequently Asked Questions

You can still file your return. There is a process to be followed. Get in touch with Legal Way to understand about the same.

All the books and related documents of account must be kept at the main place of business, that is, where the business is generally carried on. These documents should be preserved for a minimum of 8 financial years.

Form 26 AS is consolidated tax statement that is used as a proof of tax deducted or collected on your behalf and the tax directly paid by you along with the income tax return.

You can simply hire a company to look after all your financial compliances. Legal Way is a leading company in the industry if finance and accounts. Our team of experts will help you to choose the best suitable plan for you. Know more by getting in touch with us, today.

Income tax returns are completely paperless filing procedures now. You do not need to submit any kind of hard or scan copies with your returns. However, you should retain the documents so that you can produce those when demanded by income tax authorities.

It is a page acknowledgment and summary document that you receive after e-filing the income tax return. You should print, sign and sent it the Department of Income Tax within 120 days from e-filing your tax return as a verification.

No, the return is to be filed only you have taxable income.