Income Tax Return Filing Services in India

EzyBiz India Consulting LLP provides professional Income Tax Return Filing Services in India for salaried individuals, self-employed professionals, freelancers, proprietors, investors, high-net-worth individuals, NRIs, HUFs, partnership firms, LLPs and companies.

Filing an income tax return involves more than uploading information on the Income Tax Department portal. Taxpayers must identify all taxable income, select the correct ITR form, reconcile Form 26AS and the Annual Information Statement (AIS), claim eligible deductions, calculate tax liability and complete the prescribed verification process.

Our Chartered Accountant-led team assists with income tax return preparation, tax computation, compliance review, online filing and related advisory matters. We support taxpayers across India and overseas through a coordinated online process.

Need assistance with ITR filing? Call +91 98992 17778, email anil@ezybizindia.in or contact our tax team on WhatsApp.

Overview of Income Tax Return Filing in India

What Is an Income Tax Return?

An Income Tax Return (ITR) is a prescribed statement through which a taxpayer reports income, eligible deductions, exemptions, tax payments, TDS, TCS and other required particulars for the relevant period.

The return is filed electronically through the official Income Tax e-Filing Portal. The appropriate return form and disclosures depend on the taxpayer’s legal status, residential status and nature of income.

Who Can Use Professional ITR Filing Services?

Our professional income tax filing assistance is available to individuals, employees, pensioners, business owners, consultants, company directors, partnership firms, LLPs, corporate taxpayers and non-resident individuals.

We also assist taxpayers with multiple income sources, foreign investments, capital gains, business losses, tax-audit reporting and income tax refunds.

Income-tax Act, 1961 and Income-tax Act, 2025

India’s income-tax framework entered a transition period on 1 April 2026 following the commencement of the Income-tax Act, 2025.

• FY 2025–26 / AY 2026–27: Return filing continues under the Income-tax Act, 1961.
• Tax Year 2026–27: Income arising during 1 April 2026 to 31 March 2027 falls under the Income-tax Act, 2025, and the corresponding return becomes due in 2027.

Both frameworks therefore require attention during the transition. Taxpayers should use the correct assessment year or tax year and applicable statutory provisions.

For official clarification, see the Income Tax Department’s return-filing FAQs.

Who Is Required to File an Income Tax Return?

Individuals Exceeding the Applicable Income Limit

Individuals generally need to file an income tax return when their total income before specified deductions and exemptions exceeds the applicable basic exemption limit, subject to the provisions governing the relevant year.

The threshold depends on the applicable tax regime, residential status, age where relevant, and the particular assessment year or tax year.

Mandatory Filing Even Where Taxable Income Is Low

Income below the applicable exemption limit does not necessarily remove the obligation to file an ITR.

Specified high-value transactions, foreign assets or signing authority, prescribed business or professional receipts, substantial bank deposits, foreign travel expenditure, electricity expenditure and other statutory conditions may independently trigger mandatory filing.

These conditions should be checked against the law applicable to the relevant period rather than relying solely on whether final tax payable is nil.

Companies, Firms, LLPs and Other Entities

Companies and partnership firms, including LLPs, generally have statutory return-filing obligations even where their income is nil or they have incurred losses, subject to their respective applicable provisions.

HUFs, trusts, associations and other entities must be examined according to their legal status and the relevant filing requirements.

Businesses requiring assistance with disputes or departmental proceedings may also consult our Income Tax Assessment and Litigation Services.

Types of Income Tax Return Forms in India

ITR-1 and ITR-2 for Individuals

For AY 2026–27, ITR-1 is generally intended for eligible resident individuals with specified relatively straightforward income sources, subject to prescribed restrictions and income limits.

ITR-2 is generally relevant for individuals and HUFs who do not have income chargeable under the head profits and gains of business or profession but require reporting that is not covered by ITR-1.

For eligibility conditions and selection examples, read our detailed guide on Which ITR Form to File in India.

ITR-3 and ITR-4 for Business and Professional Income

ITR-3 generally applies to individuals and HUFs having business or professional income where the applicable eligibility requirements are met.

ITR-4 may be available to certain eligible taxpayers opting for presumptive taxation, subject to prescribed income limits, residential-status conditions and other exclusions.

Selection should be based on all income sources, not merely the taxpayer’s primary occupation.

ITR-5, ITR-6 and ITR-7 for Other Taxpayers

Return Form	Broad Applicability for AY 2026–27
ITR-5	Eligible partnership firms, LLPs, AOPs, BOIs and specified other entities
ITR-6	Companies other than companies claiming exemption under section 11
ITR-7	Specified persons required to furnish returns under sections 139(4A) to 139(4D)

The selection table is indicative and relates to the existing form framework for AY 2026–27. Forms under the Income-tax Act, 2025 should be checked separately when filing for Tax Year 2026–27 onwards.

Income Tax Return Filing for Salaried Individuals

Salary, Pension and Multiple Employers

Salaried taxpayers may receive basic salary, allowances, incentives, bonus, perquisites, retirement benefits and pension. Where an employee changes jobs during the year, income from all employers must be considered.

Our team reviews Form 16, salary details, applicable exemptions and TDS information to prepare the correct computation.

Read our specialist article on ITR Filing for Salaried Individuals in India.

House Property, Interest and Dividend Income

Employees may also earn rental income, savings-account interest, fixed-deposit interest, dividend income or other investment income.

These amounts should be independently verified even when they appear in pre-filled data. The availability and extent of house-property deductions or loss adjustments depend on the applicable tax provisions and regime.

ESOPs, Capital Gains and Foreign Investments

Employees receiving stock options, restricted stock units, foreign shares or investment income may require additional reporting of perquisites, capital gains, dividends or foreign assets.

Special attention is required where the employer is overseas, taxes have been paid abroad or an employee’s residential status has changed.

A simple salary-only return should not be used when the taxpayer’s complete circumstances require a different form.

ITR Filing for Freelancers and Self-Employed Professionals

Freelancers, Consultants and Independent Professionals

Freelancers and independent professionals often receive payments from multiple clients in India or abroad. Their income-tax returns may require review of invoices, professional receipts, expenses, bank statements, TDS and GST records.

Our services cover professional income computation, examination of allowable expenses and selection of the appropriate return form.

For detailed guidance, visit ITR Filing for Freelancers and Professionals in India.

Presumptive Taxation Under Sections 44AD and 44ADA

For AY 2026–27, eligible small businesses and specified professionals may consider presumptive taxation under sections 44AD and 44ADA, subject to prescribed eligibility conditions.

Section 44AD generally has a turnover threshold of ₹2 crore, which may increase to ₹3 crore where the statutory cash-receipt condition is satisfied. Section 44ADA generally has a gross-receipts threshold of ₹50 lakh, which may increase to ₹75 lakh where the applicable cash-receipt condition is met.

These are not universal exemptions from maintaining records or from every compliance requirement. Suitability should be evaluated case by case.

Foreign Clients and Professional Receipts

Professionals receiving payments from foreign clients should review whether the income is taxable in India, the applicable residential-status rules, any overseas tax credits and the correct conversion of foreign currency.

Export-related GST and FEMA requirements, where applicable, should be coordinated with income tax reporting.

We assist clients in reconciling foreign invoices, remittances and income records as part of professional ITR preparation.

Income Tax Return Filing for Businesses and Companies

Proprietorship and Small Business Returns

A sole proprietorship is generally not a separate income-tax person from its proprietor. Business profits, eligible business losses and the proprietor’s other income are considered in the individual’s return.

Our review can include turnover, expenses, depreciation, business losses, books of account, GST turnover and TDS information.

Businesses may also use our Accounting and Bookkeeping Services in India to maintain reliable year-round financial records.

Partnership Firms and LLP Income Tax Returns

Partnership firms and LLPs require appropriate financial statements, income computation, tax adjustments and return reporting. Partner remuneration, interest, disallowances and allocation of profits may require additional examination.

Where tax audit applies, the return should be consistent with the applicable audit report and financial information.

Our team can coordinate income-tax preparation with bookkeeping, annual compliance and related statutory reporting.

Corporate Income Tax Returns and Tax Audit Cases

Corporate income tax return filing requires reconciliation of financial statements with taxable profits, including depreciation differences, disallowances, deductions, losses, tax credits and other corporate adjustments.

Foreign-owned companies may also need coordination involving transfer pricing, Form 3CEB, international transactions and applicable tax audit reporting.

For audit assistance, visit Tax Audit and Certification Services in India.

Companies that also require cross-border advisory may explore our International Taxation and Transfer Pricing Services.

ITR Filing for Investors, Capital Gains and Trading Income

Shares, Mutual Funds and Property Capital Gains

Capital gains can arise from shares, mutual funds, residential or commercial property, land, securities and other capital assets.

Accurate return filing requires examination of sale consideration, purchase cost, holding period, transaction charges, applicable exemptions and tax deductions.

Property sales may also involve stamp-duty valuation issues, purchaser TDS, reinvestment exemptions and supporting documentary requirements.

Futures and Options, Intraday Trading and Losses

Futures and options transactions and intraday equity trading may attract different income classifications and loss-adjustment rules.

Traders should maintain suitable transaction statements, turnover calculations, expense records and profit-and-loss information.

Timely filing is particularly important for carrying forward many categories of eligible losses, subject to applicable statutory exceptions and conditions.

Cryptocurrency and Virtual Digital Assets

Transfers of qualifying Virtual Digital Assets, including certain cryptocurrency transactions, require specific tax treatment and reporting.

For AY 2026–27, section 115BBH and the relevant ITR reporting schedules should be considered where applicable.

Taxpayers should reconcile transactions across exchanges, acquisition cost, consideration, TDS and the restrictions on deductions and loss set-off before filing.

Income Tax Return Filing for NRIs and Overseas Taxpayers

Residential Status and Indian-Source Income

Non-Resident Indians and other overseas taxpayers should determine their residential status for the relevant financial year before deciding the scope of their Indian taxable income and reporting obligations.

Indian income may include rent, property-sale gains, investment income, salary or business income, depending on the facts.

For specialised advice, explore our NRI Taxation Services in India.

Double Taxation Avoidance Agreements and Foreign Tax Credit

Cross-border taxpayers may be entitled to treaty relief or foreign tax credit, subject to applicable law, treaty provisions and documentary requirements.

Relevant information can include country of residence, tax residency certificates, income statements, overseas tax payment evidence and the nature of the income concerned.

Treaty benefits should be evaluated rather than assumed merely because the taxpayer resides abroad.

Foreign Assets, Overseas Income and TDS Refunds

Resident taxpayers who meet the applicable disclosure conditions may need to report specified foreign bank accounts, shares, investments, overseas income and other foreign assets.

NRIs may seek refunds of excess Indian TDS where the actual tax liability is lower, subject to the applicable tax provisions and return filing.

Correct disclosure and documentary reconciliation are essential for cross-border returns.

Documents Required for Income Tax Return Filing

PAN, Aadhaar, Bank Details and Form 16

Common documents required for ITR filing include PAN, applicable Aadhaar information, bank-account details, Form 16, salary particulars, interest certificates and tax-payment information.

Additional documents depend on the taxpayer’s income and circumstances. Validated bank details are also important where a tax refund is expected.

Form 26AS, AIS and Tax Information Statement

Form 26AS and the Annual Information Statement provide important information about taxes and financial transactions reported to the Income Tax Department.

The Taxpayer Information Summary (TIS) may also assist in checking relevant information. However, taxpayers must reconcile these records against their own supporting documents rather than treating pre-filled entries as automatically correct.

Read our supporting article on Form 26AS and Income Tax Return Filing.

Business Records, Investment Statements and Foreign Income Documents

Depending on the case, additional records may include:

• Profit and loss account and balance sheet
• Bank statements and business ledgers
• GST returns and turnover details
• Capital-gain statements and contract notes
• Property purchase and sale deeds
• Home-loan interest certificates
• Details of eligible deductions and investments
• Foreign income, assets and tax-payment documents
• Tax audit and transfer pricing reports where applicable

Our team provides a taxpayer-specific documentation checklist before preparing the return.

Old Versus New Tax Regime and Tax Deductions

Choosing the Appropriate Tax Regime

For AY 2026–27, eligible taxpayers may need to compare their liability under the old and new tax regimes, taking into account relevant deductions, exemptions and applicable restrictions.

The new regime is the default for eligible individual taxpayers under the provisions applicable to that assessment year. The ability and method to opt for the old regime depend partly on whether the taxpayer has business or professional income.

Tax computation should be completed under the applicable regime before the return is finalised.

Deductions, Exemptions and Tax Rebate

Depending on the year, regime and eligibility, common provisions may include deductions for qualifying investments, medical insurance, certain housing-loan interest and other specified expenditure.

The availability of salary standard deduction, section 87A rebate and other benefits must be assessed using the law applicable to the relevant year.

Taxpayers should not assume that every deduction available under the old regime remains available under the new regime.

Advance Tax, TDS, TCS and Self-Assessment Tax

Income-tax liability is generally reconciled with advance tax, TDS, TCS, eligible tax credits and self-assessment tax payments.

Any balance tax payable should be calculated and paid under the correct assessment year or tax year before completing the return, as applicable.

We help reconcile available tax credits and identify mismatches that could otherwise affect processing or refunds.

Step-by-Step Process for Online ITR Filing

Step 1: Review Income and Select the Correct Return Form

Our filing process begins with understanding the taxpayer’s residential status, income sources, applicable filing year and legal category.

We review documents, reconcile reported information and select the appropriate return form before preparing the tax computation.

Step 2: Prepare the Computation and File the Return

We prepare a tax computation incorporating the applicable income heads, deductions, exemptions, tax credits, losses and relevant disclosures.

After review and client approval, the return is submitted through the prescribed electronic filing process. Taxpayers may also file independently through the Income Tax Department portal.

Step 3: Complete E-Verification and Preserve Records

Submitting a return is not always the final step. The taxpayer must also complete the applicable return-verification requirements.

Depending on eligibility, verification may be completed using Aadhaar OTP, electronic verification code, digital signature or another permitted mechanism.

The acknowledgement, submitted return, computation and supporting records should be preserved for future reference.

Income Tax Return Filing Due Dates and Corrections

ITR Filing Deadlines for AY 2026–27

The applicable due date depends on the taxpayer category, audit requirements, transfer pricing provisions and relevant CBDT extensions.

For Assessment Year 2026–27, corresponding to Financial Year 2025–26, the following filing deadlines apply to the specified categories:

Taxpayer Category	ITR Due Date for AY 2026–27
Individual taxpayers covered by the regular non-audit deadline, including eligible salaried taxpayers filing ITR-1 or ITR-2	31 July 2026
Specified non-audit business taxpayers and trusts	31 August 2026
Specified audit cases covered by CBDT Circular No. 07/2026	21 November 2026
Cases requiring transfer pricing reporting	Generally 30 November 2026, subject to applicable notifications
Belated income tax returns	Generally 31 December 2026 or before completion of assessment, whichever is earlier

Important: These dates are not interchangeable. Taxpayers should check their exact category and the latest official CBDT notifications before relying on a deadline.

For AY 2026–27, the due date for specified non-audit business cases and trusts was extended to 31 August 2026. The regular 31 July deadline continues to apply to other relevant non-audit taxpayers, including eligible salaried individuals.

Further, CBDT Circular No. 07/2026 dated 28 September 2026 extended the income tax return filing deadline for specified audit cases from 31 October 2026 to 21 November 2026.

Taxpayers can verify official announcements on the Income Tax Department’s official website.

Belated and Revised Income Tax Returns

A belated return may be filed after the original due date within the permitted statutory period. Applicable late-filing fees, interest, loss carry-forward restrictions and other consequences should be considered.

A revised return may allow correction of eligible mistakes or omissions within the applicable time limit and before completion of assessment, where required.

Read our complete guide on Belated, Revised and Updated Income Tax Returns.

Updated Returns and Income Tax Refunds

Where permitted, an updated return may be filed to report eligible additional income within the statutory window, subject to restrictions and additional tax requirements.

For AY 2026–27, the relevant provisions of the Income-tax Act, 1961 continue to apply. Returns for Tax Year 2026–27 onwards are governed by the new statutory framework.

An updated return is not a general mechanism for increasing a refund or reducing an already declared tax liability.

Refund claims should ordinarily be supported by accurate income reporting, proper tax-credit reconciliation and a valid return filed under the applicable provisions.

Common Income Tax Return Filing Mistakes

Incorrect ITR Form or Missing Income

Common mistakes include selecting a form that does not support the taxpayer’s income sources, omitting savings-bank interest, overlooking dividend income or failing to report relevant capital gains.

Foreign assets, trading transactions and business income may create additional disclosure requirements.

AIS, Form 26AS and TDS Mismatches

Differences between taxpayer records and reported tax information can cause incorrect tax computation, credit mismatches, processing adjustments or subsequent compliance queries.

Before filing, material differences should be investigated and reconciled with appropriate supporting evidence.

For general compliance considerations, also see Important Facts About Income Tax Return Filing in India.

Incorrect Deductions, Unverified Returns and Late Filing

Taxpayers may inadvertently claim ineligible deductions, select the wrong tax regime, omit verification or fail to file within the permitted period.

Where the Income Tax Department subsequently issues a notice, rectification request or assessment communication, professional review may be necessary.

Our separate Income Tax Assessment and Litigation Services support eligible notice, assessment and appellate matters.

Professional ITR Filing Fees and CA Assistance

What Determines Income Tax Return Filing Fees?

Professional income tax return filing fees depend on the complexity of the taxpayer’s affairs rather than solely on the amount of income earned.

A straightforward salary return generally requires less work than an ITR involving capital gains, multiple properties, business income, foreign investments, audit requirements or international taxation issues.

EzyBiz India provides a scope-based quotation after reviewing the taxpayer category, income sources, supporting records and required services.

What Is Included in Our ITR Filing Assistance?

Depending on the engagement, our professional services may include:

• Initial tax filing consultation
• Document checklist and record review
• ITR form selection
• Income and deduction computation
• Form 26AS, AIS and tax-credit reconciliation
• Old versus new regime comparison, where relevant
• Business, capital-gain or foreign-income reporting
• Draft return review and client approval
• Electronic return filing
• Verification assistance and acknowledgement

Tax audit, tax notices, appeals, transfer pricing and other specialised services may be quoted separately depending on the engagement.

Why Choose EzyBiz India for Income Tax Return Filing?

EzyBiz India Consulting LLP is a professionally managed advisory firm with more than 20 years of experience in taxation, regulatory compliance and business advisory services.

Our Chartered Accountant-led approach combines return preparation with practical tax analysis, supporting documentation and coordinated advice for complicated income situations.

We assist resident and non-resident individuals, entrepreneurs, firms and corporate taxpayers who require reliable income-tax compliance support.

Discuss your ITR filing requirements: Call +91 98992 17778, email anil@ezybizindia.in or send an enquiry to EzyBiz India.

Frequently Asked Questions About ITR Filing

Can I File an Income Tax Return Without a Chartered Accountant?

Yes. Eligible taxpayers can file their own returns through the official income tax portal. Professional assistance can be valuable when the return involves multiple income sources, business income, investments, foreign transactions, complex deductions or statutory compliance questions.

What is the difference between ITR filing and income tax assessment? ITR filing involves reporting income and tax liability, whereas assessment involves examination or determination under the applicable law. Assessment and disputes are separate services.

Is ITR filing compulsory if my tax payable is nil? It may still be compulsory depending on income, legal status and specified statutory conditions. Nil final tax liability alone does not determine filing eligibility.

Can I File an ITR After the Due Date?

Yes, where a belated return is permitted within the relevant statutory deadline. Late fees, interest and restrictions on certain loss carry-forward claims may apply.

Can a filed return be corrected? Eligible errors can often be corrected through a revised return within the applicable period. An updated return may be available in other situations subject to statutory conditions.

How can I check my income tax refund? Taxpayers can review return-processing information and refund status through the official income-tax e-filing system using the prescribed login and verification process.

Can NRIs and Companies File Their ITR Online?

Yes. NRIs, companies, LLPs, firms and other eligible taxpayers can file returns electronically using the appropriate statutory forms and prescribed verification methods.

Do companies need to file returns if they make losses? Companies generally have return-filing obligations even where taxable profits are absent, subject to the applicable law.

How much does professional ITR filing cost? Fees depend on the return category, number of income sources, complexity of computation, records available and additional compliance work required. EzyBiz India provides a quotation based on the specific scope.

Related Income Tax and Regulatory Services

Income Tax Return Filing Guides

• Which ITR Form to File in India
• ITR Filing for Salaried Individuals
• ITR Filing for Freelancers and Professionals
• Belated, Revised and Updated ITR
• Form 26AS and Income Tax Return Filing
• Important Facts About ITR Filing

Professional Tax and Compliance Services

• NRI Taxation Services in India
• Income Tax Assessment and Litigation Services
• Tax Audit and Certification Services
• International Taxation and Transfer Pricing
• Accounting and Bookkeeping Services

Contact EzyBiz India Consulting LLP

For professional income tax return preparation, tax computation and filing assistance, contact our team.

• Mobile: +91 98992 17778
• Email: anil@ezybizindia.in
• WhatsApp: Connect with EzyBiz India
• Contact: Submit an enquiry

Reviewed By

CA Anil Agrawal
Founder, EzyBiz India Consulting LLP
Over 20 years of professional experience in taxation, regulatory compliance, international business advisory and corporate finance.

Last Updated: October 2026

Disclaimer: This article is intended for general informational purposes only and does not constitute legal, tax or financial advice for any particular taxpayer. Income tax provisions, return forms, eligibility requirements, deductions, deadlines and procedural requirements can change. Taxpayers should verify the law and official notifications applicable to their assessment year or tax year and obtain professional advice based on their specific facts before taking any action.