Income Tax Return Filing

Income Tax Return Filing

Timely. Accurate. Compliant.

Filing your Income Tax Return (ITR) is more than a legal obligation—it’s an essential step toward sound financial planning and credibility. Whether you’re a salaried employee, a business owner, an NRI, or a freelancer, timely and accurate ITR filing ensures you remain compliant, avoid penalties, and enjoy benefits like tax refunds, loan approvals, and smooth visa processing.

At SSKS & Associates, we provide reliable and professional Income Tax Return filing services in Pune, tailored to your income type, profession, and compliance category.

Income-Tax-Return

What is Income Tax Return (ITR)?

An Income Tax Return is a declaration of your total income earned during the financial year, applicable deductions, taxes paid, and refund claims. Filing your ITR enables the Income Tax Department to assess your tax liability and ensures that all earnings are transparently reported.

Who Must File ITR

Mandatory in the following cases:
  • Income exceeds the exemption limit:

    • Below 60 yrs: ₹2.5 lakh

    • 60–80 yrs (Senior Citizen): ₹3 lakh

    • 80+ yrs (Super Senior Citizen): ₹5 lakh

  • Companies, LLPs, and Firms: Regardless of income or loss

  • Self-employed professionals: If income exceeds the exemption limit

  • NRIs: If total Indian income exceeds ₹2.5 lakh

  • Taxpayers claiming TDS refunds

  • High-value transactions:

    • Deposits > ₹1 crore in current account

    • Electricity bills > ₹1 lakh

    • Foreign travel > ₹2 lakh

    • Savings account deposits > ₹50 lakh

  • Capital gains or crypto transactions

  • Turnover above limits (Presumptive Tax)

    • ₹60 lakh (business) or ₹10 lakh (profession)

  • If TDS/TCS ≥ ₹25,000

Benefits of Filing Income Tax Return

Legal Compliance & Avoiding Penalties
Late or non-filing attracts interest, penalties, and potential legal action.

Claim Tax Refunds
Recover excess TDS deducted from salary, interest income, or other sources.

Easier Loan & Credit Approvals
Banks and financial institutions require ITR copies for loan processing and credit card issuance.

Smoother Visa Applications
ITR serves as proof of income for visa applications to many countries.

Carry Forward Losses
Only timely ITR filing allows you to carry forward capital/business losses for future set-off.

Due Dates for ITR Filing

CategoryDue Date
Individuals (non-audit cases)31st July 
Businesses/Companies (Audit cases)31st October 
Revised Return (corrections)31st December 
Belated/Updated ReturnWithin 24 months (with penalties)

Types of ITRs We File

ITR TypePurpose
ITR-1Salaried individuals, pensioners, one house property
ITR-2Capital gains, multiple properties, NRIs
ITR-3Business/professional income (non-presumptive)
ITR-4Presumptive income (44AD/44ADA)
ITR-5LLPs and Partnership firms
ITR-6Companies (other than charitable organizations)
ITR-7Trusts, societies, NGOs

ITR Filing Services Offered by SSKS & Associates

We offer professional ITR filing in Pune for:

  • Salaried Individuals

  • Freelancers & Consultants

  • NRI ITR Filing

  • Senior Citizens

  • Capital Gain & Investment Income

  • Business Owners (44AD, 44ADA, 44AE)

  • Private Limited Companies & LLPs

  • Property Income & Interest Earners

  • Startups, Traders & Professionals

  • Trusts, NGOs & Societies

Revised, Belated & Updated ITR Filing

Original ITR: Filed on or before the due date (u/s 139(1))

Belated Return: Filed after the due date (u/s 139(4)), with late fee

Revised Return: Corrections allowed before 31st December (u/s 139(5))

Updated Return: Filed within 24 months (u/s 139(8A)) with additional tax

Missed an earlier deadline? We can help you file an updated return with compliance and peace of mind.

Our Process – Seamless & Hassle-Free

  • Consultation & Tax Planning
    Understand your income sources and identify eligible deductions

  • Document Collection
    Salary slips, Form 16, capital gains statements, investment proofs, etc.

  • Tax Computation & Review
    Calculation of total income, exemptions, deductions, tax liability/refund

  • Online ITR Filing via E-Filing Portal
    Filing ITR with DSC or Aadhaar OTP-based verification

  • Post-Filing Support
    Assistance with rectifications, refund status tracking, or notices