What is Income Tax Filing?

Income Tax Filings involve submitting an annual report of income earned, deductions claimed, and taxes paid to the Income Tax Department of India. These filings help the government track tax liabilities and enable taxpayers to settle their taxes. It is mandatory for individuals, businesses, firms, and corporations earning taxable income to file income tax returns as per the Income Tax Act, 1961.

Types of Income Tax Returns We File

Filing income tax returns is necessary for individuals receiving salaries, pensions, or other income like interest, capital gains, or rental income. We assist in preparing and filing returns that include salary details, deductions, and income from other sources.

ITR for Salaried Individuals (ITR-1, ITR-2)

ITR for Businesses (ITR-3, ITR-4)

Proprietors, professionals, and small business owners are required to file their returns based on business income. We help calculate your profits, applicable deductions, and taxes due, ensuring correct filing under ITR-3 (Professionals & Proprietors) and ITR-4 (Presumptive Taxation Scheme).

ITR for Companies & LLPs (ITR-5, ITR-6)

Filing corporate tax returns is mandatory for all Companies, Limited Liability Partnerships (LLPs), and Partnership Firms. We assist in calculating your business's income, corporate tax liability, and filing returns as per regulations under ITR-5 and ITR-6.

Filing ITR is essential for Partnership Firms and Hindu Undivided Families (HUFs) to report their income, profits, and losses. We help calculate tax liabilities, including share income and deductions, ensuring accurate returns.

ITR for Partnership Firms & HUFs (ITR-5, ITR-2)

ITR for Non-Resident Indians (NRIs)

NRIs with income sources in India (like property rentals, investments, or capital gains) need to file tax returns. Our services ensure that NRIs comply with tax regulations and optimize their tax liability by claiming available deductions.

"Timely and accurate income tax filings—maximize savings and avoid penalties with expert support."

Our Process for Income Tax Filings

1

2

Data Collection & Income Computation

We gather all financial details, including income, deductions, and exemptions. Our experts calculate your total taxable income, considering eligible deductions.

Tax Calculation & Return Preparation

We calculate your tax liability accurately, considering applicable tax slabs and rates. We then prepare your income tax return based on your income source and legal requirements.

Filing Returns & Claiming Refunds

We file your Income Tax Return (ITR) online through the official portal, ensuring compliance and accurate reporting. We also assist in claiming refunds for any excess tax paid.

3

4

Ongoing Support & Tax Advisory

Beyond filing, we provide continuous support for any corrections, amendments, or tax queries. Our team helps you plan your taxes for the next financial year, minimizing your tax burden effectively.

"Accurate filings, transparent pricing—stress-free income tax returns with Care Corporates."

Timely Compliance & Avoidance of Penalties

We stay up-to-date with the latest tax regulations, ensuring that your filings comply with income tax rules and requirements.

Affordable & Transparent Services

We provide cost-effective and transparent pricing, offering value-driven services without any hidden charges, helping you focus on growing your wealth.

Expert & Accurate Return Filing

Our team of experts ensures that all your income and deductions are accurately calculated, and your returns are filed well within the due dates.

Why Us ?

Need Help Filing Your Income Tax Return?

If you’re looking for reliable and professional support for Income Tax Filings, let Care Corporates handle all your tax compliance needs. Contact us today to schedule a consultation and ensure a smooth, hassle-free filing experience.

Schedule a Free Consultation today to learn more about how we can help you get started.