Filing IT returns

Filing IT returns

 

Filing IT Returns is an essential for every individual/NGO/corporate to file their IT returns.

Oorlahelp facilitates in filing their IT returns.

 

Documents Required

Timeline & Cost

Disclaimer

 

Oorlahelp facilitates in filing IT returns and we are not responsible for any delay from government offices, delays due to insufficient or delayed information /documentation provided by the client. We are not responsible for any errors/mistakes provided by clients.

 

 

FAQ's

Frequently Asked Questions

Whether you have a question or a doubt, we will be able to answer it hassle-free and trustworthy.

Documents like Form 16, balance sheet and P and L accounts of the business, shreds of investment evidence, audit reports are needed. Because in some cases when the income tax department sends notice, these documents are required to be presented before the tax authorities on a later date.

Income from salary is the head for levying a tax on pension whereas family pension is taxable under the head ‘Income from other sources.

Currently,Super senior citizens who are above 80 years of age need to file Paper return.Whoever is paying income tax are eligible for e-file income tax returns. However, there are some exceptions to the standard rule wherein they can submit paper ITR forms and they do not have to file the ITRs online.

When the value of the gifts received from friends on any event except the wedding during a year is Rs 50,000 then the whole amount will attract tax under the head ‘Income from Other Sources’ head.

The account number must comply with the Bank’s Core Banking Solution (CBS) system. However, one need not provide details of dormant accounts which is not working since 3 years. Details of savings and current accounts which are held during any time of the previous year must be reported in Part E of the ITR form which seeks – other information.

Yes, one can file ITR-1 when the agricultural income is not more than Rs 5000. But when it exceeds Rs 5000, one needs to file ITR 2.

No, it is not necessary to file an ITR if the annual income is less than Rs 250,000. But in this case, a ‘Nil Return’ should be filed to upkeep a record which is an employment proof required while applying for a passport or loan.

Yes, dividend income from mutual funds should be included under the head ‘Exempt Income(others)’ as it is an exempt income u/s 10(35).

Yes, you can file ITR-1 if you have a house property loan.

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