Contact Info
- Punjab 140601
- +91 77102 20022
- thekul@yahoo.com
"Welcome to STARTUP INDIA – Your Partner in Building Successful Businesses!"
Company
ITR-1 Return Filing
ITR-1 (Sahaj) is one of the most commonly used Income Tax Return (ITR) forms for individuals who have income from salaried or pensioned sources. This form is designed for individuals with straightforward income, such as salary, pension, or income from one house property, and is an essential form for taxpayers who are filing their returns for the first time or have simple sources of income.
At STARTUP INDIA, we provide expert services for ITR-1 Return Filing, ensuring compliance with tax regulations while simplifying the process for you.
Benefits of ITR-1 Filing
Easy Process:
ITR-1 is the simplest form for filing tax returns, which is ideal for individuals with basic income sources.Timely Tax Compliance:
Filing your ITR-1 ensures that you comply with the Income Tax Act, avoiding penalties for late filing or non-filing.Claim Refunds:
If excess TDS (Tax Deducted at Source) has been deducted, filing ITR-1 allows you to claim a refund.Carry Forward Losses:
Even if you don’t have any outstanding taxes to pay, filing ITR-1 allows you to carry forward any losses (like house property loss) to future years for tax deductions.Financial Record Keeping:
Filing returns provides a record of your income and taxes paid, which is necessary for financial planning, loans, or visa applications.Easier Loan Processing:
Tax returns serve as a proof of income, which can be required for applying for personal loans, home loans, or credit cards.
Documents Required
Form 16
Bank Statement
Details of Other Income
Bank Statement
Details of Other Income