Amritaccounting1
Uploaded on Sep 4, 2025
Category
Business
Filing your Income Tax Return (ITR) doesn’t have to be stressful. With Amrit Accounting, you can ensure a smooth, hassle-free process. Our experts handle all the complexities, from accurate document verification to timely filing, helping you avoid errors and penalties. Save time, stay compliant, and gain peace of mind knowing your ITR is managed professionally. Focus on your work while we take care of your taxes efficiently and reliably.
Category
Business
File Your ITR Stress-Free with Amrit Accounting
INCOME TAX
RETURN
PRESENTED BY : AMRIT
ACCOUNTING
INTRODUCTIO
• INCOME TAX RENTURN (ITR) IS A
FORM USED TO REPORT INCOME,
EXPENSES, DEDUCTIONS, AND
TAXES TO THE INCOME TAX
DEPARTMENT.
• Filing ITR is mandatory for
individuals and businesses earning
above specified limits.
• Ensures transparency and
compliance with tax laws.
IMPORTANCE
OF FILING ITR
• LEGAL OBLIGATION UNDER INCOME
TAX ACT.
• Proof of income for loans, visas,
and financial planning.
• Helps in claiming refunds and
avoiding penalties.
• Contributes to nation-building
through tax compliance.
WHO SHOULD FILE
ITR?
• INDIVIDUALS EARNING ABOVE
BASIC EXEMPTION LIMIT.
• Businesses and firms (irrespective
of profit/loss).
• Professionals with income above
threshold.
• Individuals with foreign income or
assets.
TYPES OF ITR
• ITR-1 (SAHAJ):F SAOLARIEDM INDSIVIDUALS WITH
INCOME UP TO ₹50 LAKHS.
• ITR-2: Individuals/HUFs without business income.
• ITR-3: Individuals/HUFs with business or
professional income.
• ITR-4 (Sugam): Presumptive income scheme for
small businesses/professionals.
• ITR-5, 6, 7: For firms, companies, trusts, etc.
KEY
• FILING ITTR IAS AK REESPAONWSIBILAITY ASND NECESSITY.
• Choose the correct ITR form based on income
type.
• File before the due date to avoid penalties.
• Maintain proper documentation for smooth
compliance.
THANK
YOU
CALL Email: [email protected]
99153119 Address: E331, Industrial Area, Sector 74, US : Sahibzada Ajit Singh Nagar, Punjab 160057
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