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File Your Income Tax Return in Junagadh Today!?
Income tax filing is mandatory for individuals and businesses above the exemption limit under the Income Tax Act, 1961. Avoid penalties and file your ITR with professional assistance now!
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Our experienced tax professionals in Junagadh assist with the complete ITR filing process, from document collection and regime selection to e-filing and e-verification.
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INCOME TAX RETURN FILING IN JUNAGADH - AN OVERVIEW
Income Tax Return (ITR) is a prescribed form filed with the Income Tax Department declaring total income earned, deductions claimed, taxes paid, and net tax liability or refund for a given financial year. Filing is governed by the Income-tax Act, 1961 and administered by the Central Board of Direct Taxes (CBDT) under the Department of Revenue, Ministry of Finance.
Every person whose gross total income exceeds the basic exemption limit is required to file an ITR for the relevant assessment year. The filing obligation is determined by the Financial Year (FY) - the period from April 1 to March 31 during which income is earned - and the Assessment Year (AY) - the following year in which the return is filed and income is assessed. For example, income earned in FY 2024-25 is filed during AY 2025-26.
India currently operates a dual tax regime system. The old regime provides access to over 70 exemptions and deductions under Chapter VI-A (Sections 80C to 80U), HRA, LTA, and other provisions. The new tax regime, made the default option from FY 2023-24 under the Finance Act 2023, offers lower slab rates but removes most deductions. Taxpayers must carefully evaluate both regimes based on their income composition and deduction profile.
At IncorpX, we provide comprehensive Income Tax Return Filing assistance in Junagadh covering all ITR forms (ITR-1 through ITR-7), AIS and Form 26AS reconciliation, old vs new regime comparison, e-filing, and e-verification support. Our experienced tax professionals assist with every aspect of your tax compliance starting at ₹999. Listed amounts are IncorpX professional charges for assistance. Government fees and statutory charges are separate and payable at actuals.
What is an Income Tax Return?
An Income Tax Return (ITR) is a form prescribed by the Income Tax Department that taxpayers use to declare their income from all sources, claim eligible deductions and exemptions, compute tax liability, and report taxes already paid through TDS, TCS, advance tax, and self-assessment tax. Seven ITR forms (ITR-1 to ITR-7) exist for different taxpayer categories.
Income is classified into five heads under Section 14 of the Income Tax Act: Income from Salary (Sections 15-17), Income from House Property (Sections 22-27), Profits and Gains of Business or Profession (Sections 28-44), Capital Gains (Sections 45-55), and Income from Other Sources (Sections 56-59). Tax is computed on the aggregate income under all applicable heads after allowing permissible deductions.
Filing an ITR is not just a legal obligation - it serves as proof of income for loan applications, visa processing, and government tenders. It also enables carry-forward of business and capital losses, faster refund processing, and compliance with the Income Tax Act, 1961.
Key Aspects of ITR Filing:
Mandatory Compliance: Required for every person with income exceeding the basic exemption limit under the Income-tax Act, 1961.
Dual Tax Regime: Taxpayers can choose between the old regime (with deductions) and new regime (lower rates, fewer deductions).
e-Filing Mandatory: Electronic filing through incometax.gov.in is mandatory for most taxpayers, followed by e-verification within 30 days.
Annual Obligation: ITR must be filed for each assessment year by the prescribed due date to avoid penalties under Section 234F.
Did You Know?
The Income Tax Department processes over 7 crore income tax returns annually. With the new e-filing portal (incometax.gov.in) and mandatory e-verification, refunds are now processed in as little as 10-20 days for returns filed with accurate AIS and Form 26AS reconciliation. For taxpayers in Junagadh, IncorpX ensures complete AIS reconciliation to speed up refund processing.
Types of ITR Forms - Which Form Should You File in Junagadh?
The Income Tax Department prescribes seven ITR forms based on the taxpayer's category, income sources, and turnover. Filing with the wrong form makes your return defective under Section 139(9). Here is a comprehensive guide:
ITR Form
Applicable To
Income Sources Covered
Key Conditions
ITR-1 (Sahaj)
Resident Individuals
Salary, one house property, other sources (interest, family pension)
Total income ≤ ₹50 lakh. No capital gains, no business income, no foreign assets
ITR-2
Individuals and HUFs
Salary, house property, capital gains, other sources, foreign income
No income from business or profession. For NRIs, company directors, and investors with capital gains
ITR-3
Individuals and HUFs
Business/professional income + all other income sources
For freelancers, self-employed professionals, partners in firms, and individuals with business income
ITR-4 (Sugam)
Individuals, HUFs, Firms (not LLP)
Presumptive income under 44AD/44ADA/44AE + salary, house property, other sources
Turnover ≤ ₹3 crore (44AD) or gross receipts ≤ ₹75 lakh (44ADA). Total income ≤ ₹50 lakh
ITR-5
Firms, LLPs, AOPs, BOIs
All income sources applicable to firms and LLPs
Not for individuals. Includes detailed P&L and balance sheet schedules
ITR-6
Companies (excluding Section 11 claimants)
All company income - business profits, capital gains, other sources
Mandatory e-filing. Companies claiming Section 11 exemption must use ITR-7
ITR-7
Trusts, NGOs, Charitable Institutions, Political Parties
Income of entities claiming exemption under Sections 11, 12A, 10(23C)
For trusts registered under Section 12AB, universities, hospitals, and political parties
Important Note!
Filing with an incorrect ITR form results in a defective return notice under Section 139(9). You will have 15 days to file a corrected return. If not rectified, the return is treated as invalid. Use IncorpX's professional form selection guidance in Junagadh to file the correct form the first time.
Who Must File an Income Tax Return in Junagadh?
Filing an Income Tax Return in Junagadh is mandatory for the following categories of taxpayers under the Income-tax Act, 1961:
Individuals with gross total income exceeding ₹2,50,000 (below 60 years) under the old regime
Senior citizens (60-80 years) with income exceeding ₹3,00,000 under the old regime
Super senior citizens (80+ years) with income exceeding ₹5,00,000 under the old regime
All taxpayers under the new regime with income exceeding ₹3,00,000
Persons who deposited more than ₹1 crore in one or more current accounts during the FY
Persons who spent more than ₹2,00,000 on foreign travel during the FY
Persons who paid electricity bills exceeding ₹1,00,000 during the FY
Residents holding any foreign asset, foreign income, or signing authority on foreign accounts
Businesses with turnover exceeding ₹60 lakh (goods) or ₹20 lakh (services)
Persons claiming tax refund or wanting to carry forward losses to future years
Income Tax Slabs for FY 2024-25 (AY 2025-26):
Taxpayers in Junagadh follow India's progressive tax system where higher income is taxed at higher rates. Tax slabs differ between the old and new regimes:
New Tax Regime (Default from FY 2023-24):
Income Slab
Tax Rate
Up to ₹3,00,000
Nil
₹3,00,001 - ₹7,00,000
5%
₹7,00,001 - ₹10,00,000
10%
₹10,00,001 - ₹12,00,000
15%
₹12,00,001 - ₹15,00,000
20%
Above ₹15,00,000
30%
Note: Section 87A rebate of ₹25,000 is available for taxable income up to ₹7,00,000 under the new regime, making income up to ₹7 lakh effectively tax-free. Standard deduction of ₹75,000 for salaried taxpayers.
Old Tax Regime:
Income Slab
Individuals (Below 60)
Senior Citizens (60-80)
Super Senior Citizens (80+)
Up to ₹2,50,000
Nil
Nil
Nil
₹2,50,001 - ₹3,00,000
5%
Nil
Nil
₹3,00,001 - ₹5,00,000
5%
5%
Nil
₹5,00,001 - ₹10,00,000
20%
20%
20%
Above ₹10,00,000
30%
30%
30%
Note: Under the old regime, Section 87A rebate of ₹12,500 is available for taxable income up to ₹5,00,000. Health & Education Cess of 4% applies on total tax + surcharge under both regimes.
ITR Filing Due Dates & Calendar for Junagadh:
Timely filing avoids penalties and ensures smooth refund processing for taxpayers in Junagadh. Here are all critical income tax due dates for FY 2024-25 (AY 2025-26):
Compliance
Due Date
Applicable To
Advance Tax - 1st Instalment
15 June 2025
All taxpayers with tax liability exceeding ₹10,000. Pay at least 15% of estimated tax.
Advance Tax - 2nd Instalment
15 September 2025
Pay at least 45% of estimated tax (cumulative).
ITR Filing - Individuals & Non-Audit Cases
31 July 2025
Individuals, HUFs, and others not requiring tax audit under Section 44AB.
ITR Filing - Tax Audit Cases
31 October 2025
Businesses and professionals requiring audit under Section 44AB.
ITR Filing - Transfer Pricing Cases
30 November 2025
Entities with international or specified domestic transactions under Section 92E.
Advance Tax - 3rd Instalment
15 December 2025
Pay at least 75% of estimated tax (cumulative).
Belated Return
31 December 2025
Last date for filing return after missing the original due date. Late fee up to ₹5,000 under Section 234F.
Revised Return
31 December 2025
Last date to revise a previously filed return to correct errors or omissions.
Advance Tax - 4th Instalment
15 March 2026
Pay 100% of estimated tax.
Updated Return (ITR-U)
Within 24 months from end of AY
File under Section 139(8A) with additional tax of 25% (within 12 months) or 50% (12-24 months).
Important Note!
Missing the due date results in a late fee of ₹5,000 under Section 234F (₹1,000 if taxable income ≤ ₹5 lakh), interest at 1% per month under Section 234A on unpaid tax, and loss of carry-forward benefit for business and capital losses. File on time to preserve all tax benefits. IncorpX helps taxpayers in Junagadh meet every deadline.
Step-by-Step ITR Filing Process in Junagadh:
At IncorpX, our experienced tax professionals in Junagadh assist with the complete ITR filing process on your behalf. Here is the step-by-step procedure for filing your Income Tax Return:
Step 1: Gather All Income & Tax Documents
Collect Form 16, Form 16A, Form 26AS, AIS/TIS, bank interest certificates, capital gain statements, home loan certificates, rent receipts, and investment proofs for deductions under Chapter VI-A.
Step 2: Choose Between Old & New Tax Regime
Compare tax liability under both regimes based on your income composition and eligible deductions. The new regime is default from FY 2023-24. Our professionals provide a detailed regime comparison for optimal selection.
Step 3: Select the Correct ITR Form
Choose ITR-1 for salaried income up to ₹50 lakh, ITR-2 for capital gains and NRI income, ITR-3 for business income, ITR-4 for presumptive taxation, ITR-5 for firms, ITR-6 for companies, or ITR-7 for trusts.
Step 4: Fill in Income Details & Claim Deductions
Enter income details across all applicable heads - salary, house property, business and profession, capital gains, and other sources. Claim eligible deductions under Sections 80C, 80D, 80E, 80G, 80TTA, and 80CCD.
Step 5: Reconcile AIS, Form 26AS & Validate Return
Reconcile Annual Information Statement (AIS) and Form 26AS data with your return, verify bank account details, validate all schedules, and submit the ITR electronically through the Income Tax e-Filing portal.
Step 6: Complete e-Verification Within 30 Days
e-Verify the filed return using Aadhaar OTP, net banking, bank account EVC, demat account EVC, or by sending a signed ITR-V to CPC Bengaluru. An unverified return is treated as not filed.
Get your Income Tax Return filed accurately with IncorpX in Junagadh!
What Are the Documents Required for ITR Filing in Junagadh?
The documents required for ITR filing in Junagadh vary based on your income sources and the ITR form applicable. Here's a comprehensive list of documents needed for Income Tax Return Filing:
Category
Document Type
Specific Examples
Purpose
Identity & PAN
PAN Card
Permanent Account Number card
Mandatory for all ITR filings - serves as unique taxpayer identifier
Aadhaar Card
Aadhaar number linked to PAN
Required for e-verification via Aadhaar OTP and PAN-Aadhaar linking
Salary & Employment
Form 16
TDS certificate from employer
Contains salary breakup, TDS deducted, and employer details
Salary Slips
Monthly salary statements
For verifying allowances, perquisites, and salary components
Tax Credit Statements
Form 26AS
Annual tax credit statement
Shows TDS, TCS, advance tax, and self-assessment tax paid
AIS / TIS
Annual Information Statement / Taxpayer Information Summary
Comprehensive record of financial transactions - must reconcile with ITR
For claiming deduction up to ₹1,50,000 under Section 80C
Section 80D Proofs
Health insurance premium receipts
For claiming deduction up to ₹25,000 (self) + ₹25,000 (parents)
Other Income Documents
Bank Interest Certificates
Interest earned on savings, FD, RD accounts
For declaring interest income under Income from Other Sources
Capital Gain Statement
From broker/demat account
For declaring short-term and long-term capital gains from equity, mutual funds, property
Property & Loan Documents
Home Loan Certificate
Form 12BA / bank interest certificate
For claiming home loan interest deduction under Section 24(b) up to ₹2,00,000
Rent Receipts
Monthly rent receipts with landlord PAN (if rent > ₹1,00,000/year)
For claiming HRA exemption under Section 10(13A) under the old regime
Bank Details
Pre-validated Bank Account
Bank account linked to PAN for refund credit
Mandatory for receiving income tax refund via direct bank transfer
Key Tax Deductions Available Under Chapter VI-A:
Chapter VI-A of the Income Tax Act provides deductions that reduce your taxable income. Taxpayers in Junagadh can claim most deductions only under the old tax regime:
Section
Deduction For
Maximum Limit
Available in New Regime?
80C
PPF, ELSS, NSC, Life Insurance, EPF, Sukanya Samriddhi, 5-yr FD, Tuition Fees, Home Loan Principal
₹1,50,000
No
80CCD(1B)
Additional NPS contribution
₹50,000 (over and above 80C limit)
Yes (₹50,000)
80CCD(2)
Employer contribution to NPS
10% of salary (14% for Central Govt employees)
Yes
80D
Health insurance premium - self, family, and parents
₹25,000 (self) + ₹25,000 (parents) = ₹50,000. ₹50,000 each if senior citizen
No
80E
Interest on education loan (higher education)
No upper limit (for 8 years from start of repayment)
No
80G
Donations to approved charitable funds and institutions
50% or 100% of donation (with or without qualifying limit)
No
80TTA
Interest on savings bank accounts (non-senior citizens)
₹10,000
No
80TTB
Interest income for senior citizens (savings, FD, bank deposits)
₹50,000
No
Tip: Under the old regime, effective tax planning using Sections 80C (₹1.5 lakh), 80CCD(1B) (₹50,000), 80D (₹50,000-₹1,00,000), and home loan interest under Section 24(b) (₹2,00,000) can significantly reduce your tax liability. IncorpX professionals in Junagadh help you maximize deductions within the legal framework.
Penalties for Non-Compliance with Income Tax in Junagadh:
Non-compliance with income tax provisions in Junagadh attracts financial penalties, interest charges, and in severe cases, criminal prosecution:
Violation
Section
Penalty / Consequence
Late filing of ITR
Section 234F
₹5,000 if filed after due date. ₹1,000 if taxable income ≤ ₹5 lakh.
Interest on unpaid tax (from due date)
Section 234A
1% per month (or part thereof) on outstanding tax from the due date until filing.
Interest for non-payment of advance tax
Section 234B
1% per month on shortfall if advance tax paid is less than 90% of assessed tax.
Interest for deferment of advance tax
Section 234C
1% per month for each quarter where instalment falls short of prescribed percentage.
Wilful failure to file return
Section 276CC
Prosecution - imprisonment from 3 months to 2 years (tax evaded ≤ ₹25 lakh) or 6 months to 7 years (above ₹25 lakh), plus fine.
Under-reporting of income
Section 270A
Penalty of 50% of tax payable on under-reported income. 200% in case of misreporting.
Don't risk penalties and prosecution. Get your return filed accurately with IncorpX in Junagadh!
Benefits of Filing Income Tax Return on Time in Junagadh:
Filing your ITR on time in Junagadh offers benefits far beyond just legal compliance. Here's why timely filing is essential for every taxpayer:
Legal Compliance
Avoid penalties of up to ₹5,000 under Section 234F, interest charges under Sections 234A/B/C, and potential prosecution under Section 276CC for wilful non-filing.
Faster Tax Refunds
Early filing in Junagadh ensures faster refund processing - typically within 20-45 days of e-verification. Late filing pushes refund processing to the end of the queue.
Loan & Visa Proof
ITR receipts serve as income proof for home loans, car loans, personal loans, credit cards, and visa applications in Junagadh. Banks typically require the last 2-3 years of filed returns.
Carry Forward Losses
Business losses and capital losses can only be carried forward to future years if the return is filed by the original due date. Late filing forfeits this benefit permanently.
Government Tenders
ITR compliance is mandatory for participation in government tenders, contracts, and procurement. Non-compliant businesses are disqualified from bidding.
Notice-Free Compliance
Accurate and timely filing with proper AIS reconciliation significantly reduces the chance of receiving scrutiny notices under Section 143(2) or demand notices under Section 245.
Get professional ITR filing assistance from IncorpX in Junagadh for accurate, timely returns!
Why Choose IncorpX for ITR Filing in Junagadh?
Fully Online Process: Complete ITR filing in Junagadh without visiting any government office.
Transparent Pricing: No hidden charges. Packages starting at ₹999 (IncorpX professional charges; government fees separate).
Professional Assistance: Dedicated Tax Professionals in Junagadh for every filing.
AIS Reconciliation: Complete AIS and Form 26AS reconciliation included.
Regime Optimization: Detailed old vs new regime comparison to minimize tax liability.
Post-Filing Support: Refund tracking, query resolution, and IT notice assistance for taxpayers in Junagadh.
FAQs on Income Tax Return Filing in Junagadh:
Understanding income tax filing requirements, deductions, and compliance can be complex. Below are detailed answers to the most frequently asked questions about ITR filing in Junagadh.
For salaried employees, business owners, freelancers, and NRIs, these FAQs cover everything you need to know about filing your Income Tax Return in Junagadh.
Filing is mandatory if your gross total income exceeds the basic exemption limit - ₹2,50,000 (below 60), ₹3,00,000 (senior citizens 60-80), or ₹5,00,000 (super senior citizens 80+) under the old regime. Under the new regime, the basic exemption is ₹3,00,000. Additionally, filing is compulsory if you have deposited over ₹1 crore in current accounts, spent over ₹2 lakh on foreign travel, paid electricity bills exceeding ₹1 lakh, or hold foreign assets or income. Residents of Junagadh earning above these thresholds must file before the due date.
The correct form depends on your income sources: ITR-1 (Sahaj) for salaried individuals with income up to ₹50 lakh, ITR-2 for capital gains or NRI income, ITR-3 for business or professional income, ITR-4 (Sugam) for presumptive taxation under Sections 44AD/44ADA/44AE, ITR-5 for firms and LLPs, ITR-6 for companies, and ITR-7 for trusts, NGOs, and charitable institutions. IncorpX's tax professionals in Junagadh help you select the correct form to avoid defective return notices.
For FY 2024-25 (AY 2025-26): 31 July 2025 for individuals, HUFs, and non-audit cases; 31 October 2025 for businesses requiring tax audit under Section 44AB; 30 November 2025 for transfer pricing cases under Section 92E. A belated return can be filed by 31 December 2025 with a late fee of up to ₹5,000 under Section 234F.
The old tax regime offers tax slabs from 5% to 30% with access to deductions under Chapter VI-A (80C, 80D, 80E, etc.), HRA exemption, LTA, and standard deduction of ₹50,000. The new tax regime (default from FY 2023-24) provides lower slab rates with a higher basic exemption of ₹3 lakh and a ₹75,000 standard deduction, but most deductions and exemptions are unavailable. Choose based on your deduction profile - IncorpX provides a detailed regime comparison for every client.
Section 80C allows deductions up to ₹1,50,000 per financial year for investments in PPF, ELSS mutual funds, NSC, Sukanya Samriddhi Yojana, 5-year fixed deposits, life insurance premiums, and principal repayment of home loan. It also covers tuition fees for up to two children and EPF contributions. This deduction is available only under the old tax regime.
Under Section 234F, the late filing fee is ₹5,000 if filed after the due date but before 31 December. For taxpayers with taxable income up to ₹5 lakh, the fee is capped at ₹1,000. Additionally, Section 234A charges interest at 1% per month on unpaid tax from the due date. Under Section 276CC, wilful failure to file can lead to prosecution with imprisonment from 3 months to 7 years.
Under the new tax regime for FY 2024-25, a rebate of up to ₹25,000 is available under Section 87A for individuals with taxable income up to ₹7,00,000. This effectively makes income up to ₹7 lakh tax-free under the new regime. With the standard deduction of ₹75,000, salaried taxpayers with gross income up to ₹7,75,000 may have zero tax liability.
Key documents include: PAN and Aadhaar, Form 16 (salary), Form 16A (TDS on non-salary), Form 26AS and AIS/TIS, bank interest certificates, capital gain statements from brokers, home loan interest certificate, rent receipts for HRA, investment proofs for 80C/80D/80E deductions, and pre-validated bank account details for refund processing. IncorpX in Junagadh provides a document checklist specific to your filing requirements.
Section 139(8A) allows taxpayers to file an updated return (ITR-U) within 24 months from the end of the relevant assessment year. The taxpayer must pay additional tax - 25% extra if filed within 12 months, or 50% extra if filed between 12 and 24 months. This provision helps taxpayers rectify genuine omissions and declare previously unreported income.
Advance tax is the pay-as-you-earn scheme where taxpayers must pay estimated tax in instalments during the financial year if the total tax liability exceeds ₹10,000. Due dates are: 15 June (15%), 15 September (45%), 15 December (75%), and 15 March (100%). Senior citizens without business income are exempt. Failure to pay attracts interest under Sections 234B and 234C.
Yes, NRIs must file ITR in India if their India-sourced income (salary, rental income, capital gains from Indian assets, interest income) exceeds the basic exemption limit. NRIs typically use ITR-2 or ITR-3. NRIs can also claim DTAA benefits to avoid double taxation. IncorpX provides dedicated NRI tax filing assistance from Junagadh with DTAA optimization and foreign income reporting support.
After e-filing and e-verification, track your refund status on the Income Tax e-Filing portal (incometax.gov.in) under 'e-File → Income Tax Returns → View Filed Returns'. You can also check via the NSDL refund status page using your PAN and assessment year. Refunds are typically processed within 20-45 days of e-verification.
For FY 2024-25, the standard deduction for salaried employees and pensioners is ₹75,000 under the new tax regime (increased from ₹50,000 in Budget 2024) and ₹50,000 under the old tax regime. This deduction is available from gross salary income without any investment requirement. Family pensioners get a standard deduction of ₹15,000 or one-third of pension, whichever is lower.
Pure agricultural income is exempt from income tax under Section 10(1). However, if your agricultural income exceeds ₹5,000 and your total non-agricultural income exceeds the basic exemption limit, agricultural income is considered for computing tax on non-agricultural income under the partial integration method. Filing is recommended for loan applications and documentation purposes.
If you receive a notice under Sections 139(9), 143(1), 143(2), 148, or 245, it is critical to respond within the specified deadline. First, identify the notice type and reason - it could be for defective return, mismatch in reported income, scrutiny assessment, or reopening of assessment. IncorpX provides end-to-end IT notice response assistance in Junagadh including notice analysis, document preparation, and e-proceedings representation.
e-Verification is the process of authenticating your filed ITR electronically. It must be completed within 30 days of filing. Methods include Aadhaar OTP, net banking, bank account EVC, demat account EVC, or sending a signed ITR-V by post to CPC Bengaluru. An unverified return is treated as not filed and will not be processed.
IncorpX offers comprehensive ITR filing assistance in Junagadh starting at ₹999. The package includes free tax consultation, ITR form selection guidance, old vs new regime comparison, AIS and Form 26AS reconciliation, accurate return preparation, e-filing, e-verification support, refund tracking, and dedicated professional assistance. Listed amounts are IncorpX professional charges for end-to-end assistance. Government fees and statutory charges are separate and payable at actuals.
Yes, if you discover errors or omissions in your filed return, you can file a revised return under Section 139(5) before 31 December of the relevant assessment year. There is no limit on the number of revisions. Additionally, an updated return (ITR-U) can be filed within 24 months from the end of the AY with additional tax under Section 139(8A).
IncorpX offers comprehensive ITR filing assistance in Junagadh starting at ₹999 with: professionally-assisted filing for all ITR forms, AIS and Form 26AS reconciliation, old vs new regime comparison and optimization, TDS return filing support, IT notice response assistance, and post-filing support. We are your reliable tax compliance partner in Junagadh. Listed amounts are IncorpX professional charges for end-to-end assistance. Government fees and statutory charges are separate and payable at actuals.
The Annual Information Statement (AIS) is a comprehensive record of all financial transactions reported to the Income Tax Department by banks, mutual funds, brokers, and other entities. AIS reconciliation involves matching the transactions shown in your AIS with your actual records and the income declared in your ITR. Proper reconciliation prevents mismatch notices under Section 143(1) and ensures all tax credits are captured accurately.
Form 26AS is your annual consolidated tax credit statement showing all TDS, TCS, advance tax, and self-assessment tax payments linked to your PAN. It is essential for verifying that all tax credits are properly claimed in your return. Any mismatch between Form 26AS and your ITR can trigger notices. IncorpX in Junagadh performs thorough 26AS reconciliation with every filing to ensure accuracy.
A Financial Year (FY) is the 12-month period (April 1 to March 31) during which you earn income - for example, FY 2024-25 runs from 1 April 2024 to 31 March 2025. The Assessment Year (AY) is the year immediately following the FY in which that income is assessed and the return is filed - AY 2025-26 for income earned in FY 2024-25.
The team was very responsive and helpful. I received daily updates from the WhatsApp group, and their guidance made everything much simpler to comprehend. If you want a simple and hassle-free way to launch your business, I would highly recommend them!
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Simon Job
4.9/5
I recently used IncorpX to register my limited liability partnership, and I had an amazing experience! There were no hidden fees, and the team was helpful, quick to respond, and open. They provided thorough explanations of each step, and their services are reasonably priced without sacrificing quality. The entire process was made simple by IncorpX's professionalism, attention to detail, and sincere support. Strongly advised!
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Jay R
4.8/5
The experience was flawless; the team completed each task with care and always responded quickly. Throughout the process, I never felt stuck. We would especially like to thank Saksham and Sriram for making everything run so smoothly! The IncorpX team offers extremely competitive pricing; anyone just starting out should definitely get in touch with them.
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Mohammed Affan
4.9/5
I'm really grateful to the wonderful team at IncorpX for helping bring my co-founder's and my dream to life. The whole process was super smooth - fast service, great support, and no hassles at all. I'd highly recommend IncorpX to any new entrepreneur or founder looking to register their company. Excited to continue working with them in the long run. Thank you, IncorpX!
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Riyom Taipodia
4.6/5
One of the best agency I have ever experienced. Team members are very friendly as if we know each other from before and came communicate and share easily. My work has been done in a very short period and I am so happy. Thank you so much.
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Ayyappa Swamy
5/5
Highly recommend... IncorpX services regarding incorporation of our company and roc filing and all are very impressive.. the team IncorpX is polite and friendly. Our Lands Time pvt ltd has incorporated through IncorpX... And thanks to IncorpX team..
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Ramesh Babu
4.9/5
Trouble free service, Rendering good co-operation for company incorporation. Trust worthy team to have better knowledge.
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Pravesh Kudesia
5/5
IncorpX is providing best service... And user experience! Thank You IncorpX Team
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Balaji Gutte
4.9/5
I recently got my Private Limited Company incorporated through IncorpX, and the experience was seamless! The team was professional, supportive, and quick to respond throughout the process. Highly recommend IncorpX for a smooth and stress-free company registration experience.
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Dia
5/5
I'd been planning to register my Private Limited Company for months but didn't know where to start - until I found IncorpX. The team guided me step by step, explained everything clearly, and completed the registration smoothly within the promised timeline. Their pricing was transparent with no hidden charges. Highly recommend IncorpX to anyone starting a business!
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