ITR filing in Bangalore, India

Income Tax Return Filing in Bangalore, India

It is quite difficult to understand the complexities of Income Tax especially in a busy city like Bangalore. Mind Your Tax makes ITR filing easy for salaried employees across India. We are committed to provide hassle-free and reliable income tax services in Bangalore. We protect your documents with advanced secure technology. Make your tax filing services easy by joining us and enjoy with your family without worrying about anything.

ITR Services in Bangalore

Hiring professionals from Reliable Income Tax Services in Bangalore who specialise in filing income tax returns. We provide comprehensive packages tailored to individual needs that ensure compliance with the latest regulations. Our experts greatly simplify the filing process, maximize your deductions and also help minimize tax liability.

Our ITR Services

Salary up to ₹5 lakhs

Under the old loan scheme, the main limit is ₹5 lakh rupees. If your annual income is up to five lakh rupees, any amount over and above the minimum limit will be taxed at the rate of 5% which will be Rs.12,500.

If you are a salaried person and your total income is less than 50 lakhs, you are eligible to fill the simple ITR-1 form which is called as Sankshep. In this form, there is no need to fill much information as compared to any other income return like Forms 2 and 3.

If your income is more than 50 lakhs, you must be wondering which ITR to file.  For this, people whose income is more than 50 lakhs and they do not have income from any business or profession should file ITR-2 at the end, or if their income is from any business or profession then they should file ITR-3

Salary & Capital Gain

If you have profit or loss from sale of stock, mutual fund or house property apart from salary income, then you can choose this scheme. The scheme is not for intra-day or derivative traders.

Salary & Business / Profession

Apart from the salary commission, if a person earns income from business money, he can file ITR 3. 

A person who earns income apart from salary from freelancing activities or partial business can file ITR-4.

Salary & Business / Profession & Capital Gain

Such individuals persons and NRIs who earn money from home, employment, capital, profit or any other source can file ITR-2.

Salary with Cryptocurrency

Earn through crypto mining (proof of share and proof of work) Earn capital gains through crypto investment for business income (including business activities like 500 transaction intra-day, leverage trading, derivative trading, arbitrage etc.)

F&O Trading Plan

The Trader package has been designed to ensure maximum tax savings for people involved in trading. It also includes hassle-free filing by our specialist. who knows the intricacies of intra-day and intra-day trading. Wrong filing or improper filing may cause unnecessary hassle in responding to IT notices.

Who is required for Income Tax Return Filing 

The basic limit for the year ending on 31 March 2024 is 2 lakh for a normal person, 3 lakh for a resident above 60 years of age and 5 lakh for a person above 80 years of age. If you choose a new tax system, the basic limit for each person is ₹3 lakh, no matter what his income is. Income Tax Audit Services in Bangalore can help you ensure compliance with tax regulations, optimize your tax liability and streamline the filing process. 

Advantage of ITR registration for businesses. 

• Income tax return acknowledgement happens quickly and most importantly, if any refund is received in this, it happens faster than entering it on paper.
• There is no need any place, time  to apply for an online return. E-filing facility is available 24*7, you can take advantage of it and file anywhere.
• You get instant confirmation of filing through email on your registered email ID before and after the filing time.

ITR filing Document Required

Here's is a table the document required for Income tax Services in Bangalore:-

Penalty for Not Obtaining ITR filing

If you do not file your income Tax Return you may face a fine and legal consequences. Rs.5,000 to Rs.10,000 depending upon your situation and the duration of the delay. To ensure compliance, use income tax audit services in Bangalore that can effectively guide your filing process.

Why Choose Us for ITR Filing?

Salaried Workers’ Special: Our services are designed for salaried individuals, ensuring that your distinct sources of income and deductions are managed accurately.

Process without Stress: We simplify the taxation process so that you can submit information easily and quickly, without any tension when filing returns.

Maximise Savings: Maximise your tax refunds through exemptions and write-offs with the help of our professionals.

Price Transparency: Clear upfront prices, no hidden charges. You'll know exactly what you're paying for.

Data Security: We protect your privacy with the highest protective measures to ensure your information is secure.

Devoted Support: Our knowledgeable team is dedicated to offering all the clarification or assistance required with a personal touch at all levels.

With Mind Your Tax, you can enjoy peace of mind knowing that your tax return is in good hands. Let us take the burden away from you this season with salary ITR filing online.