CA K Sanjay BhargavChartered Accountant
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Income Tax & ITR Filing

Income tax return filing for every kind of taxpayer — salaried professionals, business owners, contractors, freelancers, and individuals with capital gains or foreign income. The right return, filed under the correct head with the correct form, is what secures your refund, protects your loss carry-forward, and keeps you clear of notices. Filing for FY 2025-26 (AY 2026-27) is open.

Who this is for

This service covers the full range of individual and business returns: salaried employees and pensioners; resident employees of multinational companies holding foreign shares, RSUs or ESOPs (see our dedicated foreign-income page); business owners, traders, and professionals; civil and labour contractors and sub-contractors; freelancers and consultants; and individuals with capital gains from property, shares, or mutual funds. Whether your return is straightforward or involves multiple income heads, it is prepared, reconciled, and filed correctly.

Due dates for AY 2026-27

The deadline now depends on your category, not a single common date:

  • 31 July 2026 — salaried and other non-business taxpayers (ITR-1, ITR-2).
  • 31 August 2026 — business and professional income, non-audit cases (ITR-3, ITR-4). This extended date is now a permanent provision.
  • 31 October 2026 — cases requiring a tax audit under Section 44AB.
  • 30 November 2026 — cases with international or specified domestic transactions requiring a transfer-pricing report (Form 3CEB).
  • A belated return may be filed up to 31 December 2026, and a revised return up to 31 March 2027, in each case with applicable consequences.

Filing before your due date preserves your right to carry forward losses and keeps your refund in the regular processing queue.

What’s covered

  • Choice of scheme, done deliberately: presumptive taxation versus regular books — computed both ways where it matters, so you don’t overpay simply because one option was the default. Under Section 44AD (business), the presumptive scheme is available up to ₹2 crore turnover, raised to ₹3 crore where cash receipts are 5% or less of total receipts; under Section 44ADA (profession), it is available up to ₹50 lakh gross receipts, raised to ₹75 lakh where cash receipts are 5% or less of total receipts.
  • Old vs new regime comparison — calculated, not guessed.
  • TDS reconciliation against Form 26AS and AIS so every rupee deducted is claimed; mismatches are fixed before they become notices.
  • Capital gains from property or shares/mutual funds (broker statements processed scrip-wise).
  • Advance tax planning for the current year so interest under 234B/234C doesn’t repeat.
  • Responses to defective-return notices (139(9)) and rectifications where past filings have issues.

What to send on WhatsApp

PAN, last year’s return (if any), bank statements, and any Form 16/16A (Form 130 from FY 2026-27). Everything else — AIS, 26AS — is pulled from the portal with your OTP. You receive a draft computation for approval before anything is filed.

Frequently asked questions

My turnover is in cash / my books are incomplete.

That's common for contractors. Presumptive schemes exist for exactly this situation; what matters is choosing the scheme correctly and matching the return to your bank and TDS data.

I haven't filed for previous years.

Belated and updated returns (ITR-U) are possible for certain periods, and filing them proactively is far better than waiting for a notice.

GST and income tax — do the numbers need to match?

The department cross-checks GST turnover against ITR turnover. Keeping them consistent is part of the service.

How long does it take?

With documents in hand, a standard return is typically filed within 2–3 working days; complex cases get a timeline upfront.

I'm a salaried employee but I also have capital gains / foreign shares / F&O trades. Which return?

Not ITR-1. Capital gains and foreign assets require ITR-2; business or F&O/intraday income requires ITR-3. Choosing the right form is part of the service — the wrong form is a common cause of defective-return notices.

Have a question? Send it on WhatsApp.

Describe your matter or send the document. You get a clear assessment — what it means, what's needed, the timeline and the fee — before any commitment.