What is income tax return filing?
An income tax return (ITR) reports your income for the financial year and the tax paid on it. It is filed on the income tax portal (incometax.gov.in). Filing on time lets you claim refunds, carry forward losses and use your ITR as income proof for loans, visas and tenders.
Who needs it
- Anyone whose income is above the basic exemption limit.
- Salaried employees who want a refund of extra TDS.
- Shopkeepers, traders and professionals, including those using presumptive taxation (section 44AD or 44ADA).
- People with capital gains from shares, mutual funds or property.
- Anyone with foreign assets or income, or high-value transactions such as large deposits.
Documents required
- PAN and Aadhaar (linked with each other).
- Form 16 from your employer, if salaried.
- Form 26AS and the Annual Information Statement (AIS) from the income tax portal.
- Bank statements and interest certificates.
- Proof for deductions under the old regime: LIC, PPF, ELSS, health insurance, home loan interest.
- For business: sales and expense details, or your books of account.
How we do it
- Send your documents or your income tax portal login on WhatsApp.
- We check AIS and Form 26AS so that every income and TDS entry matches.
- We work out your tax under the new and old regime and tell you which saves more.
- We prepare the right ITR form and share the computation with you before filing.
- We file the return and complete e-verification with Aadhaar OTP.
- We track your refund and handle any notice or defect from the department.
Which ITR form should I use?
- ITR-1 (Sahaj): resident individuals with salary, one house property and interest income, total income up to ₹50 lakh.
- ITR-2: individuals and HUFs with capital gains or more than one house property, but no business income.
- ITR-3: individuals and HUFs with business or professional income kept in books.
- ITR-4 (Sugam): individuals, HUFs and firms with presumptive business or professional income, total income up to ₹50 lakh.
Why choose S Jha Legal Sansar & Associates
- One point of contact on WhatsApp, open all 7 days from 08:00 to 20:00.
- Visit our office at Padma Tower 2, Rajendra Place, New Delhi, or get it done online from anywhere in India.
- We tell you the government fee and our fee before we start, with no hidden charges.
- We remind you of every renewal and due date after the work is done.
Want us to handle your income tax return filing? Send your details on WhatsApp and we will tell you the documents, the total cost and the time it will take.
Frequently asked questions
What is the last date to file ITR for AY 2026-27?
31 July 2026 for individuals and businesses that do not need an audit, and 31 October 2026 for audit cases, unless the government extends it.
What is the penalty for filing ITR late?
A late fee of ₹5,000 under section 234F, reduced to ₹1,000 if total income is up to ₹5 lakh. Interest under section 234A is also charged on unpaid tax.
Is income up to ₹12 lakh tax-free?
Under the new tax regime for FY 2025-26 (AY 2026-27), a rebate makes tax nil for resident individuals with taxable income up to ₹12 lakh. Salaried people also get a ₹75,000 standard deduction. Special-rate income such as capital gains is treated separately.
Should I choose the new or old tax regime?
It depends on your deductions. If you claim large deductions such as home loan interest, 80C and HRA, the old regime may be better. We compare both before filing.
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Official sources
Rules on this page come from these official government sources. Check them for the latest position.
यह जानकारी हिंदी में पढ़ें: हिंदी गाइड
Government fees, limits and due dates on this page were last checked in November 2026 and can change. We confirm the current figures before we start your work.
Last updated: 7 November 2026. Published by S Jha Legal Sansar & Associates. Editorial policy · Disclaimer