Income Tax Return Filing (Individual) is the process where an individual submits their tax details to the Income Tax Department. Every eligible individual earning above the taxable limit must file their income tax returns to ensure compliance with the Income Tax Act, 1961. Filing helps in obtaining refunds, avoiding penalties, and staying on the right side of the law.
To file an income tax return, the following documents are required.
Permanent Account Number (PAN) card of the individual.
Salary slip issued by the employer showing TDS deductions and salary details.
Bank statements or passbooks showing interest earned or other income sources.
Professional assistance to file your individual income tax return accurately and on time