Income Tax Return Consultant In Gujarat
Every business and individual understand how crucial it is to file income tax returns and the importance of income tax consultancy services in Gujarat, India. If you need to submit your income tax return, you've come to the right place. We have the top service for income tax return filing in Gujarat, India. Our team of expert CAs is dedicated to handling your income tax return, and we have earned a stellar reputation as the premier income tax advisory firm in Ahmedabad.
Our client base is extensive, and it continues to grow each month. We pride ourselves on being the fastest and most straightforward income tax return consultant. Our effective strategies and appropriate interventions guarantee individuals and companies a seamless experience in tax filing and tax savings.
You need to ready with following documents:
- Form-16
- Form-16A/Form-16B/Form-16C
- Tax-saving investment proofs
- Home loan statement from bank/NBFC
- Aadhaar card
- Salary slips
- Form 26AS
- Capital gains
- Collect bank account details
- Interest certificates from banks and post office
- Documentary proofs to claim deductions under section 80D to 80U
Income Tax Return Filing Process by Aeldra Consultancy
Gathering Documents and Information
Firstly, the process of filing Income Tax Returns begins by collecting necessary details and documents. The specific documents needed depend on the individual's occupation. Additionally, it is essential to gather information on financial transactions that impact the calculation of income tax. The main documents required include PAN, Aadhar, bank details, and contact information.
Examination of Income Tax Return (ITR) Documents and Information
Once all the documents are ready, the Tax Professional (Chartered Accountant) will analyze each document and its details. This professional analysis is done for the purpose of filing the return and includes:
- Checking bank and cash receipts with 26AS credit entries.
- Checking tax credits with TDS deducted.
- Reviewing deductions with documents.
- Scrutinizing income and capital gains.
Creating the Computation of Income (CoI) and calculating the tax.
Upon successfully analyzing all the parameters, if the tax professional finds that all the necessary information has been gathered, our Tax Adviser will proceed to:
- Compute Income (COI)
- Compute Tax
- Calculate Profit and Loss
- File the Income Tax Return Form
Completing the online submission of the Income Tax Return (ITR).
Once the computation of income gets approval from the client, our Chartered Accountant (CA) will thoroughly review the return for the final online filing. The client is required to pay the tax liability as per the computed tax. After the payment is made via challan, we will proceed to file the online income tax return on the Income Tax E-Filing Portal at https://www.incometax.gov.in/iec/foportal/
Document when Online Filing of Income Tax Return Done
Upon the successful filing of your free income tax return, we will generate and provide you with the following documents:
- Acknowledgement Receipt of ITR (ITR V)
- TDS Credit Statement (Form 26AS)
- CA Certified Computation of Income (CoI)
- Profit and Loss Account and Balance Sheet (in case of Business)
Revision and Rectification of Filed Return
After filing the return, if it needs revision or if the Income Tax Officer recommends it, ratification becomes necessary. We will rectify or revise the return accordingly.
You can Feel free to reach out to us for additional details regarding the filing of your income tax returns. If you have any intricate queries, you can easily connect with our team of experts by giving us a call at +91 9409810715 or mail us your query at contact@aeldraconsultancy.in.
