Income Tax Services in India, whether you're an individual, business, or professional.

???? What Are Income Tax Services?

Income Tax Services refer to professional help or platforms that assist with all aspects of income tax compliance, planning, filing, and representation.

???? Types of Income Tax Services

1. Income Tax Return (ITR) Filing

• For individuals (ITR-1 to ITR-4)

• For businesses, professionals, companies (ITR-5 to ITR-7)

• Salaried individuals, freelancers, NRIs, pensioners, etc.

2. Tax Planning & Advisory

• Help with tax-saving investments (under sections like 80C, 80D, 80G)

• Structuring income to reduce tax legally

3. Tax Notice Handling

• Responding to notices from the Income Tax Department (e.g., 139(9), 143(1), 143(2), 148)

• Scrutiny assessment support

4. Advance Tax & Self-Assessment Tax

• Calculation and payment assistance

• Avoiding interest under sections 234B and 234C

5. TDS / TCS Compliance

• Deduction, payment (using challans), filing quarterly returns

• TDS reconciliation and 26AS matching

6. Capital Gains Tax Computation

• Sale of shares, mutual funds, property, etc.

• Indexation, exemptions under Sections 54, 54F, 54EC

7. Tax Audit & Representation

• Section 44AB audit by a Chartered Accountant

• Appearing before Assessing Officer (AO), CIT(A), ITAT, etc.

8. Form 15CA/15CB for Foreign Remittances

• Mandatory for remittances outside India

• Form 15CB is certified by a CA

????️ Tools & Platforms for Income Tax Services

✅ Online Platforms

• ClearTax

• TaxBuddy

• Quicko

• MyITReturn

• EZTax

• CAclubIndia

✅ Chartered Accountants (CAs)

• Offer personalized consultation and full-service compliance

• Especially useful for businesses, high-net-worth individuals (HNIs), or complex cases

???? Documents Needed for Income Tax Services

For Individuals:

• PAN, Aadhaar

• Form 16 / Salary slips

• Bank statements

• Capital gains statement (e.g., from Zerodha, CAMS, etc.)

• Investment proofs (LIC, PPF, ELSS, etc.)

• Rent receipts, home loan interest certificate (if applicable)

For Businesses:

• PAN, TAN

• GST Returns

• Financial statements

• Books of accounts

• TDS returns