Income Tax Return – Tax Crafted Solutions

Income Tax Return Services in Delhi

Stay compliant, maximize your refunds, and avoid penalties. Expert ITR filing for individuals and businesses.

Why is Income Tax Return Filing Important?

Filing an Income Tax Return (ITR) is a crucial responsibility for individuals and businesses to comply with the law and maintain financial transparency. It serves as a proof of income, essential for visa applications and loan approvals.

Taxcrafted Solutions provides expert income tax return services in Delhi, ensuring a seamless process. Whether you are a salaried individual, a freelancer, or a business owner, we help you maximize deductions and minimize liabilities while staying 100% compliant.

Our Services

Key Benefits?

ITR Forms & Requirements

Know which form applies to you and what documents are needed.

ITR Forms

Documents Required

Who Should File?

File Your Taxes Stress-Free

Let our experts handle the calculations and compliance while you enjoy peace of mind.

Frequently Asked Questions

Common queries about Income Tax Return Filing.

Is it mandatory to file ITR if my income is below ₹2.5 Lakhs?

Generally, no. However, if you want to claim a TDS refund, apply for a loan, or carry forward losses, filing a “Nil Return” is highly recommended. It also serves as a valid proof of income.

What is the difference between Old and New Tax Regimes?

The Old Regime allows deductions like 80C (LIC, PPF), 80D (Health Insurance), and HRA, but has higher tax rates. The New Regime offers lower tax rates but does not allow most deductions. You can choose the one that benefits you more.

What happens if I miss the ITR filing deadline?

If you miss the deadline (usually 31st July), you can file a Belated Return by 31st December, but it attracts a penalty of up to ₹5,000 u/s 234F. You also lose the ability to carry forward certain losses.

Which ITR form should I choose?

ITR-1: Salaried individuals with income up to ₹50 Lakhs.
ITR-2: Individuals with Capital Gains or more than one house property.
ITR-3: Individuals having business or professional income.
ITR-4: Small businesses opting for presumptive taxation.

How can I verify my ITR after filing?

Verification is mandatory within 30 days of filing. You can verify electronically using Aadhaar OTP, Net Banking, or Bank Account EVC. Alternatively, you can send a signed physical copy of ITR-V to CPC, Bengaluru.