Income Tax

If you want to file your income tax return, Tax Fintra has the expertise and experience you need. With a vast client base and growing reputation, this is the best service for drafting the correct income tax return.

Formal filing of Income Tax return is mandatory, which can be made online easily with Tax Fintra, Our qualified team members get your documents prepared quickly for your convenience and submit required forms for you in order to claim your tax refund. You have the option of selecting a suitable income tax form to submit with your application, as per the Act. 

Return Type	Applicability
ITR-1	ITR-1 form can be used by Individuals who have less than Rs.50 Lakhs of annual income earned by way of salary or pension and have one house property only.
ITR-2	ITR-2 form must be filed by individuals who are NRIs, Directors of Companies, shareholders of private companies or having capital gains income, income from foreign sources, two or more house property, income of more than Rs.50 lakhs.
ITR-3	ITR-3 form must be filed by individuals who are professionals or persons who are operating a proprietorship business in India.
ITR-4	ITR-4 form can be filed by taxpayers enrolled under the presumptive taxation scheme. To be enrolled for the scheme, the taxpayer must have less than Rs.2 crores of business income or less than Rs.50 lakhs of professional income.
ITR-5	ITR-5 form must be filed by partnership firms, LLPs, associations and body of individuals to report their income and computation of tax.
ITR-6	ITR-6 form must be filed by companies registered in India.
ITR-7	ITR-7 form must be filed by entities claiming exemption as charitable/religions trust, political parties, scientific research insitutions and colleges or universities.

Income Tax Audit Service or Income Tax Consulting is a service that gives unbiased, honest reviews of company policies and structure. Tax Fintra has an adept team that has the most up to date information about internal audits. Income Tax audits ensure company policies are in compliance with regulations and help maintain reliable financial records.