Filing your Income Tax Return correctly and on time is essential to stay compliant and build a strong financial record. RBMK's tax experts assess your income sources, apply eligible deductions, and file the correct ITR form on your behalf.
Benefits
- Claim maximum eligible deductions and tax savings
- Required for loan approvals, visa applications and tenders
- Avoid penalty and interest for late or incorrect filing
- Carry forward losses for future tax adjustment
Eligibility Criteria
- Individuals with income above the basic exemption limit
- Salaried employees, freelancers, professionals and business owners
- Anyone seeking to claim a tax refund
- NRIs with taxable income in India
Required Documents
PAN and Aadhaar Card
Form 16 (for salaried individuals)
Bank statements
Investment proofs (80C, 80D, etc.)
Business/profession income details, if applicable
Process & Timeline
Typical processing time: 1–2 working days, subject to government processing speed and document accuracy.
1
Income Assessment
We review all your income sources and deductions.
2
Form Selection
Correct ITR form selected based on your profile.
3
Return Preparation
ITR computed and shared for your review.
4
E-Filing & Verification
Return filed and e-verified on the income tax portal.
Government Rules & Penalty
Late Filing Penalty
Under Section 234F, a late filing fee of up to ₹5,000 applies for returns filed after the due date, along with 1% monthly interest on any unpaid tax under Section 234A.
Frequently Asked Questions
What is the due date for ITR filing?
Typically 31st July for individuals not requiring audit; audit cases have a later due date, generally 31st October.
Can I file ITR without Form 16?
Yes, ITR can be filed using salary slips, bank statements and Form 26AS/AIS as supporting documents.
What happens if I miss the due date?
A belated return can still be filed with a late fee, but certain benefits like loss carry-forward may be lost.