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Salaried Individual

Income tax filing for salaried individuals refers to the process of declaring your income, deductions, and tax liabilities to the Income Tax Department. In India, salaried individuals are required to file an Income Tax Return (ITR) if their income exceeds the basic exemption limit set by the government. This process helps individuals fulfill their legal obligations while also enabling them to claim refunds, tax benefits, and deductions.

Document Required

 Copy of PAN Card
 Copy of Aadhaar Card
 Form-16
 Previous Year IT Return if any
 Income Sources ( i.e. Income from House Rent, Captial Gain etc)
 Deduction if any
 Other Documents Upload Zip File

Price

RS: 1000/-

Income Tax

Income tax is a tax charged on the annual income of an individual, businesses, or other entities during a financial year in India. This tax is an essential source of revenue for the government and plays a crucial role in funding public services, infrastructure, and welfare programs across the country.The Income Tax Act of 1961 serves as the primary legislation governing the taxation system in India. It provides detailed rules and regulations on how income tax should be calculated, assessed, and collected. The Act outlines the various tax rates, deductions, and exemptions available to taxpayers, ensuring that the tax burden is fair and progressive.To stay compliant with tax laws, all taxpayers in India are required to submit an Income Tax Return (ITR) each year. This return must be filed by the prescribed due date, and it helps report an individual’s or business’s income, calculate taxes owed, and claim any refunds if applicable.