Income Tax Return Filings

Income tax return must be filed by individuals and legal entities in India every year. neuhorizone.com offers an easy process to filing income tax return

Price starts for Individual -499/-(Plus tax)

Price starts for Business -2999/-(Plus tax)

Timeline - 3 to 5 Working days


  1. Provisional Balance Sheet
  2. Projectional Balance Sheet
  3. CMA Data
  4. DSCR Calculation

Contact Us

Income Tax

What is Income Tax Filing ?

Filing of Income Tax Return is the process of declaring one’s income and income tax paid thereon by the assessee to the assessing officer. Income tax return contains details of income earned by an assessee from different sources, details of taxes paid or deducted such as Advance Tax, TDS or TCS and details of income tax refundable to the assessee by the department if any.

Looking For a Professional Help For Your Business To Grow?

Due Date Applicability
15th March, 2017 Due date for the whole amount of Advance Tax for FY 2016-17 for taxpayers covered under presumptive scheme of Section 44AD
15th June, 2017 Due date for the First instalment of Advance Tax for the FY 2017-18
31st July, 2017 Due date for filing Income tax return for FY 2016-17 for all persons except Companies, Non-Companies whose books are required to be audited and Working partner of a firm whose accounts are required to be audited
15th Sep , 2017 Due date for the Second instalment of Advance Tax for the FY 2017-18
30thsep, 2017 Due date for filing of Audit report/Income tax return for the FY 2016-17 for companies and Non-Companies Whose books are required to be audited
30thsep, 2017 Due date for payment of the last instalment(i.e. 50% of tax, surcharge and penalty) under Income Disclosure Scheme, 2016
30th Nov, 2017 Due date for filing Audit report for the FY 2016-17 in case of a person who is required to submit a report pertaining to international or specified domestic transactions under section 92E and Due date for report to be furnished in Form 3CEB in respect of international and specified domestic transactions.
15th Dec, 2017 Due date for the third instalment of Advance Tax for the FY 2017-18

We Serve Everywhere

neuhorizone.com is operations since 2010. neuhorizone.com is one stop business setup and consulting company, managed by specialized team of Business Analysts,Company Secretaries, Chartered Accountants, Corporate Lawyers and Financial Professionals company headquartered in Delhi, India. Having known for our quality of services, delivering the projects on time, we have clients spread across the globe.

We are committed to delivering value to our clients and ensuring long term success. Reach out to us to improve your business in global market, innovation ,reduce costs, implement new techniques, manage risk and governance. For us, the most important differentiator is not ‘what’ we do, but ‘how’ we do it.

Income Tax

We will provide income tax return preparation, Revised return, Responding to Department notices and solving other Income Tax related issues.

Business Licenses

Our Professionals Will help you in getting your business licenses and Business licenses necessary for smooth running of businesses

Financial Services

we will Provide Funds for both personal and Business. Our funding system gives a credit line facility, enabling you to expand your business to new heights

GST Returns

We will make your business to GST Compliance. Returns are required to be filed digitally online through a common portal to be provided by GSTN

What are the Documents required for IT Return Filing?

PAN Card Copy

Copy of PAN card of Tax payer

Form-16

Issued by your employer for salaried employees

For Interest Income

Bank statement/passbook for interest on savings account. Interest income statement for fixed deposits. TDS certificate issued by banks and others.

Form 26 AS

Summary of taxes deducted on your behalf and taxes paid by you. This is provided by the Income Tax Department.

Section 80 Investments

Section 80C investment documents. Investment made under PPF, NSC, ULIPS, ELSS, LIC qualify for deductions under Section 80C.

Other Invest Documents

Your contribution to Provident Fund Your children’s school tution fees Life insurance premium payment Interest paid on housing loan etc..

Looking For a Professional Help For Your Business To Grow?

What Includes in this package?

Verification of Documents

Preparation of financial statements

Computation of Tax Payable

Filing and Submitting relevant ITR

What is the process for Income Tax Filing ?



Calculate the income earned in the relevant financial year from all the sources.



Calculate the tax payable on the earned income after deducting any tax credits such as TDS, TCS or Advance Tax.



Any tax payable should be paid before filing the return of income.




Relevant ITR should be filled with all the necessary details.



Submit the duly filled ITR to the concerned Assessign Officer.

FAQs


If the gross total income of a person exceeds the minimum amount of income not chargeable to tax, such person is required to furnish his/her return of income.
Form-16 is made available online by the department. Form-16 contains particulars of Income earned and tax deducted thereon on such income according to the data received by the department through the TDS returns filed by the deductors.

The department prescribes type of assessees who are required to mandatorily file their return of income electronically. The list includes

Assessees having total income more than Rs.5 lakhs, assessees having refund claims other than those individuals who are of age 80 or above. Every company is required to furnish electronic return of income along with digital signature.

Assessees who are subject to tax audit.

Resident assessee having any assets or signing authority outside India etc.

Yes. Income tax return can be filed after due date. Tax returns are accepted for voluntary filing for one year after the completion of relevant assessment year. Also, Assessing Officers may order assessees to file income tax returns beyond the acceptable time frame for assessing their income in certain cases.
Sr. No. Status of the taxpayer Due date
1 Any company other than a company who is required to furnish a report in Form No. 3CEB under section 92E (i.e. other than covered in 2 below) September 30 of the assessment year
2 Any person (may be corporate/non-corporate) who is required to furnish a report in Form No. 3CEB under section 92E November 30 of the assessment year
3 Any person (other than a company) whose accounts are to be audited under the Income-tax Law or under any other law September 30 of the assessment year
4 A working partner of a firm whose accounts are required to be audited under this Act or under any other law. September 30 of the assessment year
5 Any other assessee July 31 of the assessment year. The due date of filing the return of income for the financial year 2014-15 has been extended to 31st August 2015
Income earned from 1-Apr to 31-Mar of a financial year is made taxable in the year following the financial year called as Assessment Year. Hence, income earned in previous year should be disclosed in the return to be filed in the respective assessment year.
Form 26AS is a statement of Tax credits of an assessee. It contains details of all TDS, TCS and Advance Tax made.
If you have sustained a loss in the financial year, which you propose to carry forward to the subsequent year for adjustment against subsequent year(s) positive income, you must make a claim of loss by filing your return before the due date.
Interest u/s 234A on tax payable is levied by the department from the date after the last date for filing of return of income. Hence, filing of tax return within the due date saves the assessee from interest payable u/s234A.
Interest u/s 234A on tax payable is levied by the department from the date after the last date for filing of return of income. Hence, filing of tax return within the due date saves the assessee from interest payable u/s234A.

Call @ 8750-008-007

Our Customer care will assist you in regarding of your queries

Request A Call Back

Our Customer care will call back you with in short time.

Request A Call Back

Signup for latest news updates!

For getting latest updates please subscribe to our Newsletter.

© 2019,   NeuHorizon Taxcon. All rights reserved | Designed and developed by All India Net Solutions