Income Tax Return (ITR) filing is the process of reporting your income, expenses, deductions, and taxes paid to the Income Tax Department. Every individual, business, and entity earning taxable income in India is required to file an ITR annually. Filing your ITR ensures compliance with tax laws, helps in claiming tax refunds, and maintains a clean financial record.
✔ Legal Compliance – Mandatory under the Income Tax Act, 1961.
✔ Avoid Penalties – Late or non-filing attracts penalties from the Income Tax Department.
✔ Claim Tax Refunds – If excess tax is deducted, filing ITR helps in getting a refund.
✔ Easy Loan Approvals – Banks consider ITR documents when granting loans and credit facilities.
✔ Visa Processing – Many foreign countries require ITR records for visa approvals.
✔ Avoid Tax Notices – Non-compliance may lead to tax scrutiny and penalties.
🔹 Individuals earning above ₹2.5 lakh annually (₹3 lakh for senior citizens).
🔹 Business owners, freelancers, and self-employed professionals.
🔹 Salaried individuals with additional sources of income.
🔹 Individuals with capital gains from shares, mutual funds, or property sales.
🔹 NRIs having income in India.
🔹 Companies, LLPs, and partnership firms (mandatory, even if no profit).
📌 PAN Card & Aadhaar Card
📌 Form 16 (For Salaried Employees)
📌 Bank Statements & Income Proof
📌 Investment & Expense Proofs (for deductions under 80C, 80D, etc.)
📌 Business Income Details (For Self-Employed or Business Owners)
📌 TDS Certificates & Advance Tax Paid Receipts
✅ Expert Assistance – Our tax professionals ensure 100% accurate and error-free filing.
✅ Quick & Hassle-Free Process – File your ITR in just a few steps without complications.
✅ Maximize Tax Savings – Get the best tax-saving strategies while filing.
✅ Affordable Pricing – Transparent and cost-effective service.
✅ Secure & Confidential – Your financial data is 100% safe and protected.
✅ Year-Round Support – We provide guidance even after filing your ITR.
📝 Step 1: Share your financial details and required documents.
📊 Step 2: Our experts calculate your taxable income and applicable deductions.
📂 Step 3: ITR is prepared and reviewed to ensure accuracy and compliance.
🖥 Step 4: We file your return online and share the acknowledgment with you.
📞 Need help with ITR Filing? Contact DK Service today and file your taxes without stress! 🚀
ITR filing is the process of reporting your income, deductions, and taxes paid to the Income Tax Department. It is mandatory for individuals and businesses earning taxable income.
🔹 Individuals earning above ₹2.5 lakh annually (₹3 lakh for senior citizens).
🔹 Salaried employees with additional income sources.
🔹 Business owners, freelancers, and self-employed professionals.
🔹 NRIs earning income in India.
🔹 Individuals with capital gains from shares, mutual funds, or property sales.
🔹 Companies, LLPs, and partnership firms (mandatory, even if no profit).
Filing an ITR helps in:
✔ Claiming tax refunds if excess TDS is deducted.
✔ Getting easy loan approvals (home, car, or personal loans).
✔ Visa applications, as many countries require ITR proof.
✔ Avoiding tax scrutiny and penalties.
📌 PAN Card & Aadhaar Card
📌 Form 16 (For Salaried Employees)
📌 Bank Statements & Income Proof
📌 Investment & Deduction Proofs (80C, 80D, etc.)
📌 Business Income Details (For Self-Employed or Business Owners)
📌 TDS Certificates & Advance Tax Paid Receipts
As per the Income Tax Act, a late filing penalty of up to ₹5,000 may be applicable. Additionally, late filing may result in interest charges and loss of tax benefits.
You can check your ITR status on the Income Tax e-Filing portal using your PAN and acknowledgment number. DK Service also provides assistance in tracking your ITR status.
Once filed, the Income Tax Department processes the return within 30 to 90 days, depending on verification and assessment. Refunds (if any) are usually credited within this period.
Yes, if you have filed an incorrect ITR, you can revise it before the deadline of the assessment year. DK Service assists in revising ITRs accurately.