Online Income Tax Return (ITR) Filing & CA Tax Audit Support
Accurate, penalty-free Income Tax Return filing for individuals, proprietors, firms, companies, and trusts. Fully reconciled with Annual Information Statements (AIS) and Form 26AS by seasoned Chartered Accountants.
1–2 Days
Fast Turnaround
4.9 / 5
Verified Rating
1000+
Businesses Formed
5000+
Happy Clients
Prevent Automated Tax Notices
Our CAs pre-match every rupee of interest, dividends, mutual fund gains, and F&O turnover against your ITD portal records to prevent Section 143(1) and Section 148 inquiries.
Why File Your Income Tax Return with Empanelled CAs?
Under Section 139(1) of the Income Tax Act, 1961, filing an Income Tax Return is mandatory for every resident whose total income before deductions exceeds the basic exemption threshold, as well as for all registered companies and LLPs regardless of profit or loss. With the introduction of the Annual Information Statement (AIS) and faceless automated assessments, accurate reconciliation of bank credits, capital gains, foreign remittances, and TDS has become vital to avoid costly litigation and penalties under Section 270A.
Which Income Tax Return (ITR) Form Applies to You?
Selecting the wrong ITR form causes the Income Tax Department to treat the filing as defective under Section 139(9). Review our comprehensive form eligibility matrix below:
| ITR Form | Eligible Taxpayer | Included Income Sources | Key Exclusions |
|---|---|---|---|
| ITR-1 (Sahaj) | Resident Individuals with income up to ₹50 Lakh | Salary, one house property, family pension, agricultural income up to ₹5,000, and other sources (interest). | Directors in companies, unlisted equity holders, income from business/profession, capital gains, or foreign assets. |
| ITR-2 | Individuals & HUFs not having business/professional income | Capital gains (shares, mutual funds, real estate), more than one house property, foreign income/assets, and company directorships. | Proprietorship income, freelance professional receipts, or partnership profits. |
| ITR-3 | Individuals & HUFs having business or profession income | Proprietorships, consulting, freelancing, intraday/F&O trading, partnership firm partners, and audited business accounts. | Entities incorporated as Companies, LLPs, or Trusts. |
| ITR-4 (Sugam) | Individuals, HUFs, & Firms (other than LLP) opting for Presumptive Taxation | Presumptive business under Section 44AD (turnover up to ₹2-3 Cr), professionals under Section 44ADA (gross receipts up to ₹50-75L), total income up to ₹50L. | Agency businesses, commission/brokerage, or taxpayers with foreign assets. |
| ITR-5 | LLPs, Partnership Firms, AOPs, BOIs, and Cooperative Societies | Business profits, capital gains, and professional fees earned by non-corporate commercial entities. | Private Limited, Public Limited, or individual proprietors. |
| ITR-6 | Companies (Private Limited, Public Limited, OPCs, Producer Companies) | Worldwide corporate income, commercial profits, capital gains, and business turnover. | Companies claiming exemption under Section 11 (Charitable/Religious Trusts). |
| ITR-7 | Trusts, NGOs, Political Parties, Colleges, and Research Associations | Income derived from property held under trust, voluntary contributions, and Section 12A/10(23C) activities. | Commercial commercial entities and non-exempt businesses. |
Tax Audit Thresholds & Presumptive Schemes (Section 44AB / 44AD / 44ADA)
Understand when your business or profession is legally mandated to undergo a Tax Audit by an empanelled Chartered Accountant.
| Category | Audit Turnover Limit | Statutory Conditions | Presumptive Alternative |
|---|---|---|---|
| Business (Standard Rule) | ₹1 Crore | Applicable if cash receipts/payments exceed 5% of total transactions. | Can opt for 44AD up to ₹2 Crore (8% or 6% presumptive profit). |
| Business (Digital Economy Rule) | ₹10 Crore | Applicable only if aggregate cash receipts & payments do not exceed 5% of total turnover. | Presumptive 44AD limit enhanced up to ₹3 Crore if 95% transactions are digital. |
| Professionals (Doctors, CAs, Lawyers, Tech Consultants) | ₹50 Lakh | Mandatory tax audit under Section 44AB if gross receipts exceed threshold and profit declared is below 50%. | Section 44ADA offers flat 50% presumptive profit without book maintenance up to ₹75 Lakh (if 95% digital). |
The D BIZ 4-Stage Income Tax Filing Roadmap
How our empanelled Chartered Accountants handle your taxes with zero hassle and end-to-end electronic verification:
Document Collection & AIS/26AS Scrutiny
We extract and reconcile your Annual Information Statement (AIS), Taxpayer Information Summary (TIS), and Form 26AS against your bank statements, Form 16, and capital gain schedules.
Tax Computation & Deduction Optimization
Empanelled Chartered Accountants evaluate Old vs New Tax Regime options, optimizing deductions under 80C, 80D, 80G, 80CCD, and set-off of capital losses.
Draft Review & Client Approval
We provide an itemized draft computation of income and tax liability/refund for your verification before any government portal submission.
Portal E-Filing & E-Verification
We file the approved ITR XML/JSON on the Income Tax Department e-filing portal, assist with Aadhaar OTP e-verification, and deliver the official ITR-V acknowledgment.
Documents Required for Income Tax Return Filing
Gather these documents before initiating your filing session for swift, same-day processing:
Salaried Individuals
- •PAN Card & Aadhaar Card (linked)
- •Form 16 (Part A & Part B) from all employers
- •Monthly salary slips & interest certificates
- •Proof of rent paid & landlord PAN (for HRA claims)
- •Home loan interest certificate (Section 24(b))
- •Savings bank interest statements & FD tax certificates
Business Owners & Professionals
- •Audited/Unaudited Balance Sheet & Profit & Loss Statement
- •Complete annual bank statements for all current & savings accounts
- •GST Return annual reconciliation (GSTR-1 vs GSTR-3B vs 26AS)
- •Form 26AS & AIS tax credits statement
- •Depreciation schedules for business assets & vehicles
- •Challans for Advance Tax & Self-Assessment Tax paid
Investors & Traders
- •Annual Consolidated Account Statement (CAS) from CAMS/KFintech
- •Stock broker capital gains tax statement (Zerodha, Groww, AngelOne)
- •F&O (Futures & Options) and Intraday trade ledgers
- •Foreign stock holding statement (e.g. US equity RSUs/ESOPs)
- •Sale deed and purchase deed copies for real estate transactions
- •Indexed cost improvement proofs for property sale
Frequently Asked Questions on Income Tax Returns
Clear legal explanations by our senior direct tax advisory team:
File Your Income Tax Return Accurately with D BIZ
Connect directly with empanelled Chartered Accountants at our physical offices in Thiruvananthapuram and Kochi, or file 100% online from anywhere in India.
Trivandrum Head Office
TC No 44, 913, Cotton Hill Rd, Cotton Hill, Vazhuthacaud, Thiruvananthapuram, Kerala - 695014
Kochi Central Hub
4th Floor, Koprambil Heights, B3, Seaport-Airport Rd, Irumpanam, Thrippunithura, Kochi, Kerala - 682309
