GST REGISTRATION
GST RETURN
COMPANY REGISTRATION
TDS RETURN
TRADEMARK REGISTRATION
INCOME TAX RETURN
FSSAI FOOD LICENSE
MSME/SSI REGISTRATION
IMPORT EXPORT CODE
MUTUAL FUNDS
Income Tax Return Filing Service Online
इनकम टैक्स रिटर्न फाइलिंग सर्विस ऑनलाइन
GET FREE CONSULTATION CALL TODAY.
निशुल्क जीएसटी सलाह के लिए हमें कॉल करें |
Click Here →
APPLY NOW / यहाँ आवेदन करें
Income Tax Return Filing Service Online
इनकम टैक्स रिटर्न फाइलिंग सर्विस ऑनलाइन
GET FREE CONSULTATION CALL TODAY.
निशुल्क सलाह के लिए हमें आज ही कॉल करें |
Click Here →
APPLY NOW / यहाँ आवेदन करें
What is Income Tax Return?
Income Tax Return (ITR) filing is the process of submitting information about an individual’s income earned during a financial year to the Income Tax Department. Every person who earns taxable income during a financial year is required to file their income tax return.
Who Should File ITR Return?
Every individual or entity who has earned taxable income during a financial year is required to file an Income Tax Return (ITR) with the Income Tax Department.
This includes:
- Individuals – such as salaried employees, self-employed professionals, businesspersons, freelancers, and consultants
- Hindu Undivided Families (HUFs)
- Partnership firms
- Limited Liability Partnerships (LLPs)
- Companies – including Private Limited Companies, Public Limited Companies, and One Person Companies (OPCs)
- Trusts and associations
- Any other entity that is eligible for tax registration under the Income Tax Act, 1961
However, individuals or entities that have earned income below the taxable threshold or are exempt from income tax as per the provisions of the Income Tax Act, are not required to file an ITR. It is important to note that even if an individual is not required to file an ITR, it may still be beneficial to do so as it can help to claim refunds, carry forward losses, or provide proof of income for various purposes.
Who is Required to file Compulsory Income Tax Return?
- If your total income exceeds the basic exemption limit (Rs. 2.5 lakh for an individual below 60 years).
- If you deposit more than Rs 1 crore in current bank account.
- If you expense Rs 2 lakh on foreign travel.
- If turnover of your business is more than rs 60 lakh
- If gross receipt from profession is more than rs 10 lakh
- If TDS and TCS is Rs 25,000 or more (50k for senior citizen)
- If deposit in a saving bank account is Rs 50 lakh or more
Type of Income Tax Return Form
The different types of ITR return forms are:
- ITR-1 (Sahaj): For individuals with income up to Rs. 50 lakh from salary, house property, and other sources.
- ITR-2: For individuals and Hindu Undivided Families (HUFs) with income from capital gains, more than one house property, and foreign income/assets.
- ITR-3: For individuals and HUFs who are partners in firms and have income from the firm.
- ITR-4 (Sugam): For individuals, HUFs, and firms with total income up to Rs. 50 lakh and income from business or profession under the presumptive taxation scheme.
- ITR-5: For persons other than individuals, HUFs, and companies (partnership firms, LLPs, AOPs, BOIs, and trusts).
- ITR-6: For companies other than those claiming exemption under Section 11 (income from property held for charitable or religious purposes).
- ITR-7: For persons who are required to file a return under Section 139(4A), 139(4B), 139(4C), or 139(4D) (such as trusts, political parties, institutions, and colleges).
The selection of the appropriate ITR form depends on various factors such as the source and amount of income earned, the residential status of the taxpayer, and whether the taxpayer is eligible for any special tax treatments.
Late Fees, Penalty & Interest in ITR Form
Late Fees, Penalties, and Interest charges are levied on taxpayers who fail to file their Income Tax Return (ITR) or pay taxes on time.
Late Filing Fees:
- If the ITR is filed after the due date (usually July 31st), a late filing fee of Rs. 5,000 is charged for returns filed between August 1st and December 31st of the assessment year. If the return is filed after December 31st, the late filing fee increases to Rs. 10,000.
- If the total income of the taxpayer is less than Rs. 5 lakh, the maximum late filing fee cannot exceed Rs. 1,000.
Penalty:
- If any tax is payable, and the ITR is filed after the due date, an interest of 1% per month or part thereof is charged on the outstanding tax amount until it is paid.
- If the taxpayer has not filed the ITR at all, or if there is any discrepancy in the ITR filed, a penalty of up to Rs. 10,000 may be charged under Section 271F of the Income Tax Act, 1961.
Interest:
- If the taxpayer fails to pay the full tax amount by the due date, an interest of 1% per month or part thereof is charged on the outstanding tax amount until it is paid.
- If the taxpayer has not paid advance tax, and the total tax payable exceeds Rs. 10,000, an interest of 1% per month or part thereof is charged on the outstanding tax amount until it is paid.
It is important to file the ITR on time and pay any outstanding taxes to avoid late fees, penalties, and interest charges.
Document and Details are Required for Online ITR Filing
To file your Income Tax Return (ITR) online, you will need the following documents and details:
PAN card: Permanent Account Number (PAN) card is mandatory for filing ITR.
Form 16: If you are a salaried individual, you will receive a Form 16 from your employer, which contains information about your salary, tax deducted, and other income sources if any.
Form 26AS: It is a consolidated tax statement that contains information about the tax deducted from your income and deposited with the government by your employer, banks, or any other deductor.
Bank statements: You will need bank statements for the financial year to calculate your income and expenses.
Investments and savings details: Details of all your investments, including Mutual Funds, Fixed Deposits, PPF, Life insurance premium, etc., need to be furnished.
Rent receipts (if applicable): If you are claiming HRA exemption, you will need rent receipts and other supporting documents to calculate the HRA exemption.
Details of property: If you have any property that is let out on rent, you will need to provide details of the rental income received.
Other income sources: If you have any other sources of income, such as interest income, capital gains, etc., you need to provide details of the same.
Aadhaar card: It is mandatory to link your Aadhaar card with your PAN card for filing ITR.
Mobile number and email ID: You need to provide a valid mobile number and email ID for receiving the OTP and other communication related to ITR filing.
Make sure you have all the required documents and details before filing your ITR online.
Online ITR Filing Process
through Legalhisaab
Legalhisaab is the most famous ITR filing service provider in India. We process Online ITR Filing Application within same days. Legalhisaab ITR experts will assist you in getting the Income Tax Return Filing Online and also provide free consultation.
- Get Free Consult with our Experts
- Provide Documents and Details
- Our Exports will process your application in same day
- As soon as we will get your ITR copy, we will send you by E-mail.
Income Tax Return (ITR) Filing
What is Income Tax Return Filing?
Income Tax Return (ITR) filing is the process of submitting information about an individual’s income earned during a financial year to the Income Tax Department. Every person who earns taxable income during a financial year is required to file their income tax return.
Who should File ITR Return?
Every individual or entity who has earned taxable income during a financial year is required to file an Income Tax Return (ITR) with the Income Tax Department.
This includes:
- Individuals – such as salaried employees, self-employed professionals, businesspersons, freelancers, and consultants
- Hindu Undivided Families (HUFs)
- Partnership firms
- Limited Liability Partnerships (LLPs)
- Companies – including Private Limited Companies, Public Limited Companies, and One Person Companies (OPCs)
- Trusts and associations
- Any other entity that is eligible for tax registration under the Income Tax Act, 1961
However, individuals or entities that have earned income below the taxable threshold or are exempt from income tax as per the provisions of the Income Tax Act, are not required to file an ITR. It is important to note that even if an individual is not required to file an ITR, it may still be beneficial to do so as it can help to claim refunds, carry forward losses, or provide proof of income for various purposes.
Who is Required to File Compulsory Income Tax Return?
- If your total income exceeds the basic exemption limit (Rs. 2.5 lakh for an individual below 60 years).
- If you deposit more than Rs 1 crore in current bank account.
- If you expense Rs 2 lakh on foreign travel.
- If turnover of your business is more than rs 60 lakh
- If gross receipt from profession is more than rs 10 lakh
- If TDS and TCS is Rs 25,000 or more (50k for senior citizen)
- If deposit in a saving bank account is Rs 50 lakh or more
Types of ITR Return Form
The Income Tax Department in India provides different types of Income Tax Return (ITR) forms that are designed based on the source and amount of income earned by taxpayers.
The different types of ITR return forms are:
- ITR-1 (Sahaj): For individuals with income up to Rs. 50 lakh from salary, house property, and other sources.
- ITR-2: For individuals and Hindu Undivided Families (HUFs) with income from capital gains, more than one house property, and foreign income/assets.
- ITR-3: For individuals and HUFs who are partners in firms and have income from the firm.
- ITR-4 (Sugam): For individuals, HUFs, and firms with total income up to Rs. 50 lakh and income from business or profession under the presumptive taxation scheme.
- ITR-5: For persons other than individuals, HUFs, and companies (partnership firms, LLPs, AOPs, BOIs, and trusts).
- ITR-6: For companies other than those claiming exemption under Section 11 (income from property held for charitable or religious purposes).
- ITR-7: For persons who are required to file a return under Section 139(4A), 139(4B), 139(4C), or 139(4D) (such as trusts, political parties, institutions, and colleges).
The selection of the appropriate ITR form depends on various factors such as the source and amount of income earned, the residential status of the taxpayer, and whether the taxpayer is eligible for any special tax treatments.
Late Fees, Penalty & Interest of ITR Return
Late Fees, Penalties, and Interest charges are levied on taxpayers who fail to file their Income Tax Return (ITR) or pay taxes on time.
Late Filing Fees:
- If the ITR is filed after the due date (usually July 31st), a late filing fee of Rs. 5,000 is charged for returns filed between August 1st and December 31st of the assessment year. If the return is filed after December 31st, the late filing fee increases to Rs. 10,000.
- If the total income of the taxpayer is less than Rs. 5 lakh, the maximum late filing fee cannot exceed Rs. 1,000.
Penalty:
- If any tax is payable, and the ITR is filed after the due date, an interest of 1% per month or part thereof is charged on the outstanding tax amount until it is paid.
- If the taxpayer has not filed the ITR at all, or if there is any discrepancy in the ITR filed, a penalty of up to Rs. 10,000 may be charged under Section 271F of the Income Tax Act, 1961.
Interest:
- If the taxpayer fails to pay the full tax amount by the due date, an interest of 1% per month or part thereof is charged on the outstanding tax amount until it is paid.
- If the taxpayer has not paid advance tax, and the total tax payable exceeds Rs. 10,000, an interest of 1% per month or part thereof is charged on the outstanding tax amount until it is paid.
It is important to file the ITR on time and pay any outstanding taxes to avoid late fees, penalties, and interest charges.
Documents and Details are Required for online ITR Filing
To file your Income Tax Return (ITR) online, you will need the following documents and details:
PAN card: Permanent Account Number (PAN) card is mandatory for filing ITR.
Form 16: If you are a salaried individual, you will receive a Form 16 from your employer, which contains information about your salary, tax deducted, and other income sources if any.
Form 26AS: It is a consolidated tax statement that contains information about the tax deducted from your income and deposited with the government by your employer, banks, or any other deductor.
Bank statements: You will need bank statements for the financial year to calculate your income and expenses.
Investments and savings details: Details of all your investments, including Mutual Funds, Fixed Deposits, PPF, Life insurance premium, etc., need to be furnished.
Rent receipts (if applicable): If you are claiming HRA exemption, you will need rent receipts and other supporting documents to calculate the HRA exemption.
Details of property: If you have any property that is let out on rent, you will need to provide details of the rental income received.
Other income sources: If you have any other sources of income, such as interest income, capital gains, etc., you need to provide details of the same.
Aadhaar card: It is mandatory to link your Aadhaar card with your PAN card for filing ITR.
Mobile number and email ID: You need to provide a valid mobile number and email ID for receiving the OTP and other communication related to ITR filing.
Make sure you have all the required documents and details before filing your ITR online.
Procedure of Online ITR Filing through LegalHisaab
Legalhisaab is the most famous ITR filing service provider in India. We process Online ITR Filing Application within same days. Legalhisaab ITR experts will assist you in getting the Income Tax Return Filing Online and also provide free consultation.
- Get Free Consult with our Experts
- Provide Documents and Details
- Our Exports will process your application in same day
- As soon as we will get your ITR copy, we will send you by E-mail.
Why Choose Us?

Fast & Reliable Services

Expert & Qualified Team

Transparent Professional Fees

24*7 Support Services

Fast Services
100% Online,
Hassle Free Process.

Expert Team
Team of Qualified Professionals.

Transparent Professional Fees
No Hidden Charges.

Fast Support Services
On Call, Whatsapp.
How We Work?

Free Consultation
(1)

Upload Documents
(2)

Online Payment
(3)

Get Your Certificate
(4)




What our Customers say?
Frequently Asked Questions?
Income Tax is a direct tax levied by the government on the income earned by an individual, company or any other entity during a financial year.
Every individual, company, or any other entity whose total income during the financial year exceeds the basic exemption limit is required to file Income Tax Return (ITR).
Income Tax Return (ITR) is a document that contains details of the income earned and taxes paid during a financial year. It needs to be filed with the Income Tax Department by the taxpayer.
Income Tax Return (ITR) can be filed online on the Income Tax Department’s e-filing portal or through the offline mode by submitting the physical copy of the ITR form.
There are various types of Income Tax Return (ITR), such as ITR 1, ITR 2, ITR 3, ITR 4, ITR 5, ITR 6, and ITR 7, depending on the type of taxpayer and the nature of income.
The due date for filing Income Tax Return (ITR) for individuals is usually July 31st of the assessment year. However, the due date may vary depending on the type of taxpayer and the nature of income.
The penalty for non-filing or late filing of Income Tax Return (ITR) can be up to Rs. 10,000, depending on the delay and the taxpayer’s income.
Form 26AS is a consolidated statement that contains details of the taxes deducted or collected on behalf of the taxpayer during a financial year. It also includes the details of the taxes paid by the taxpayer.
If there are any errors or omissions in the Income Tax Return (ITR) filed by the taxpayer, the same can be rectified by filing a rectification request online on the Income Tax Department’s e-filing portal. The rectification needs to be done within a specified period after the filing of the original ITR.