Income Tax Return in Dwarka

Why File Income Tax Returns?

It is essential to file your tax returns at the end of each financial year. This proof of your income tax payment includes detailed information about your annual earnings and the taxes you've paid.

As one of the leading income tax consultants in Dwarka, we always emphasize the importance of filing taxes. It is mandatory for all Indian citizens earning taxable income to file their Income Tax Returns (ITR) annually. Failure to do so can result in penalties and legal consequences.

Thankfully, Garg Goyal & Associates has got you covered! With our dedicated tax experts by your side, you can effortlessly file your income tax return online. They will guide you every step of the way to ensure accuracy and compliance with all regulations. Plus, our unique messaging platform allows you to easily communicate with our tax experts, addressing any concerns or queries you may have.

The benefits of using our services include:

- Anywhere, anytime filing of ITR online
- Reach tax experts for assistance and guidance
- Complexity-based service fee
- 100% data security and confidentialityy

Documents Required for ITR Filing in Dwarka

Now, let's address the burning question: What documents do you need to file your taxes? Don't worry, it's simpler than you think.

While the specifics may vary based on your sources of income, here's a general checklist to ensure maximum deductions and accuracy:

A copy of the previous year's tax return: This helps you declare any losses and provide additional information.

Bank statements: These are essential for referencing interest paid on loans, account balances, and more.

TDS certificates: Include taxes already paid to the IT Department through these certificates.

Savings certificates, deductions, and donations: Keep records of these to maximize your deductions.

Certificates of disability within your family: These can qualify you for additional deductions.

Interest statements: Obtain these from banks or post offices to report the interest paid to you.

Business income/loss: If applicable, provide balance sheets, profit and loss account statements, and any necessary audit reports.