Income Tax Return (ITR) Filing in India

Filing Income Tax Returns (ITR) is not just a legal obligation but a financial responsibility for every eligible individual, business, and entity in India. At Sahyog, we provide fast, accurate, and affordable Income Tax Return Filing services with expert advisory to ensure compliance and maximum refunds.

What is Income Tax Return (ITR) Filing?

Income Tax Return (ITR) Filing is the process of submitting your income, deductions, and tax payments to the Income Tax Department of India in a prescribed format. Individuals, businesses, firms, and professionals must file their ITR based on their income category and applicable tax laws.

There are 7 types of ITR forms applicable to different taxpayer classes. Filing returns helps you stay compliant, claim refunds, and avoid penalties.

At Sahyog, we simplify the filing process with expert tax professionals who handle your return from start to finish.

 Why Should You File Your ITR?

•  Legal Compliance – Mandatory under the Income Tax Act if your income exceeds ₹2.5 lakhs.
•  Claim Tax Refunds – Get a refund if TDS or advance tax exceeds liability.
•  Required for Loans & Visas – A must-have document for bank loans, visas, and tenders.
•  Carry Forward Losses – File on time to carry forward business or capital losses.
•  Avoid Penalties – Late filing attracts a penalty up to ₹5,000 under Section 234F.
•  Proof of Income – Valid income proof for government and private documentation.

 Checklist Before ITR Filing

Documents Required for Income Tax Return Filing

Income Tax Return Filing Process (with Sahyog)

Filing an ITR can be done in 1–3 working days with our seamless process:

1. Free Consultation with Tax Experts
   • Understand your income category and applicable ITR form.
2. Document Collection & Validation
   • Collect all income, deduction, and tax documents for cross-verification.
3. Tax Computation
   • Accurate income and tax liability calculation using latest tax rules.
4. Return Preparation
   • Prepare the applicable ITR form (ITR-1 to ITR-7) with annexures.
5. ITR Filing on Income Tax Portal
   • File the return using digital signature or Aadhaar OTP.
6. E-Verification & Acknowledgment
   • Get your ITR-V confirmation and ensure smooth processing.
7. Post-Filing Support
   • We assist with refund tracking, notices (if any), and rectifications.

Benefits of ITR Filing with Sahyog

Why Choose Sahyog for ITR Filing?

•  Experienced CA & Tax Team – Trusted by 5000+ clients annually
•  Affordable ITR Filing Plans – Suitable for salaried, freelancers, and businesses
•  Fast Turnaround – Get your ITR filed in just 1–3 days
•  100% Digital – File from the comfort of your home
•  Full Compliance Support – Post-filing rectification, refund tracking, and notices
•  Dedicated Relationship Manager – End-to-end assistance by Sahyog professionals

Income Tax E-filing Due Date (ITR Return)

The due date for income tax return filing is an important date for taxpayers to keep in mind. As the deadline for filing taxes for the year approaches, taxpayers should make sure to take note of the due date for income tax e-filing in order to ensure that their taxes are filed on time. The due date for filling income tax return is July 31 every financial year. With the proper planning and preparation, it is possible to successfully file taxes before the deadline.

Documents Required for Income Tax eFiling

Do you want to file your income tax returns but don’t know what documents you need? Filing income tax returns can be a daunting task, but it doesn’t have to be. Knowing what documents you need to file your income tax returns can help make the process much smoother. Sahyog Tax & Finance Advisory Ltd. 

Type of Income Tax Return Form

ITR 1 :- ITR 1 form is for resident individuals who have total income upto Rs. 50 lakh. You will have to provide break up of your salary and house property.

ITR 2 :- ITR 2 form is applicable for individuals and HUFs not having income from profits and gains of business or profession.

ITR 3 :- ITR 3 Form is for individuals and HUFs having income from profits and gains of business or profession.

ITR 4 :- ITR 4 Form is for presumptive income from business and profession.

ITR 5 :- ITR 5 Form is for persons other than individual HUF company i.e. Firms, association of person and body of individuals.

ITR 6 :- The ITR 6 Form is for companies other than companies claiming exemption under Section 11.

ITR 7 :- ITR 7 Form for person including companies which are required to furnish return under Section 139(4A) or 139(4B) or 139(4C) or 139(4D) or 139(4E) or 139(4F) of the Income Tax Act.

Tax Rate as per old regime for Individuals (below 60 years) and Hindu Undivided Family

Individuals People 60 years above

Individuals People over 80 years

Tax slab rates as per new regime

• If a person turns 60 or 80 during a fiscal year, their income for the entire year is taxed at the senior or super senior slab, accordingly.
• A surcharge of 10% is levied if an individual’s income is more than Rs. 50 Lakhs and a surcharge of 15% is levied if the individual’s income is more than Rs 1 crore The educational cess is 2%, and the SHEC (secondary and higher secondary education cess) is 1%.

 Advantages of Filing Income Tax Returns

01 In Easy Loan Processing

Are you looking for an easy way to obtain a loan? Are you overwhelmed by the loan processing process? If so, you may want to consider using your income tax return to facilitate the process. With income tax returns, you can easily apply for a loan without having to worry about tedious paperwork or long wait times. 

02 Proof of Income/Proof of Net worth

Proof of income/net worth is an important document used to show the financial status of an individual or a business. It is usually provided in the form of an Income Tax Return (ITR) file. This document provides a comprehensive overview of the individual’s or business’s financial situation, including income, expenses, assets, and liabilities. The ITR file can help verify that the individual or business has the financial ability to take on a loan or other financial obligation. By providing proof of income/net worth, lenders and other financial institutions can be assured that the borrower is able to meet their obligations. It’s easy way File your Income tax file with 

03 Income tax returns (ITR) avoid penalties

Income tax returns (ITR) are essential for ensuring compliance with tax regulations and avoiding penalties. By filing ITRs on time, taxpayers can avoid costly penalties, allowing them to retain more of their hard-earned money. Additionally, filing ITRs helps to ensure that individuals and businesses accurately report their income, which in turn helps the government to collect revenue. Ultimately, timely filing of ITRs is essential for avoiding penalties and ensuring compliance with the tax laws.

04 Procedure for claiming refund TDS of tax

Claiming a refund of TDS of tax can be done easily and quickly with a few simple steps. Firstly, the individual must obtain a form 16A from the deductor and submit it to the IT department. Secondly, they must fill out the refund form on the IT website, providing all the necessary details. Lastly, they must submit their refund application online and track the status of the application until the refund is approved. With these three steps, an individual can easily obtain a refund of the TDS of tax, quickly and efficiently.

05 Income tax returns Required for VISA Application

Income tax returns are required for visa applications, as they provide important financial information that allows the visa applicant to be evaluated for their financial stability. Furthermore, income tax returns help to prove the applicant’s bona fide intent for traveling to the desired country. Thus, conjointly, income tax returns are an important part of the visa application process.