Rated 4.9/5 by 312+ Chennai clientsZero penalty record across all filings24-hour response · WhatsApp-first supportOffices: Alapakkam, Maduravoyal & Nerkundram15+ years of expert tax consulting in Chennai500+ active clients across 540+ Chennai areasRated 4.9/5 by 312+ Chennai clientsZero penalty record across all filings24-hour response · WhatsApp-first supportOffices: Alapakkam, Maduravoyal & Nerkundram15+ years of expert tax consulting in Chennai500+ active clients across 540+ Chennai areas
Professional Income Tax Advisory in Egmore, Chennai by qualified experts. 15+ years experience, zero-penalty track record. Offices at Alapakkam, Maduravoyal & Nerkundram. Call 9566-068-468 for free consultation.
SectionSection 194N Income Tax Act — TDS on cash withdrawal — 2% TDS above ₹1 crore withdrawal from bank/co-operative/post office in a year
SectionSection 43B Income Tax Act 1961 — Deduction only on actual payment — PF, ESI, bonus, leave salary deductible only when actually paid, not accrue
NotificationFinance Act 2024 — Section 115BAC amendment — Standard deduction under new regime increased from ₹50,000 to ₹75,000 effective AY 2025-26
Relevant Court Rulings
Supreme Court (2022)
PCIT v. Wipro Ltd (2022) 447 ITR 1 (SC)... — Section 80IC deduction — once granted, cannot be withdrawn in subsequent years for same unit unless fundamental change in business nature. Continuity of benefit
Supreme Court (2022)
Checkmate Services v. CIT (2022) 448 ITR 518 (SC)... — Employees PF deposited after PF statutory due date not deductible under Section 36(1)(va) — even if deposited before ITR due date. Statutory deadline of PF Act
Transparent Pricing
Income Tax Advisory in Egmore — Plans & Pricing
Fixed fees · Zero hidden charges · Call 9566-068-468 for a custom quote.
Egmore is a prime commercial hub in central Chennai, home to Chennai Central Station and a busy business district.
FilingPro serves Egmore clients for Income Tax Advisory completely remotely — share documents via WhatsApp to 9566-068-468. Our team understands the specific compliance and business environment of Egmore, Chennai. Call for a free consultation today.
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Expert Guide
Income Tax Advisory in Egmore — Complete Guide
Income Tax Advisory in Egmore by qualified professionals — FilingPro Egmore provides expert Tax Advisory services for businesses and individuals across Chennai. Accurate, on-time service with 15+ years of experience, zero-error track record, and WhatsApp-first support. Starting from Advisory from ₹1,500. Egmore is a prime commercial hub in central Chennai, home to Chennai Central Station and a busy business district — making Egmore a key market for professional Tax Advisory services in Chennai.
Income Tax Advisory in Egmore
Income Tax Advisory in Egmore delivers expert Tax Advisory service with qualified professionals and zero-error track record.
Tax Advisory Consultant in Egmore
A qualified Tax Advisory consultant in Egmore handles every aspect of your tax advisory requirement efficiently.
Expert Tax Advisory Service in Egmore
Professional Tax Advisory service in Egmore with 15+ years of experience and 4.9★ client rating.
Tax Advisory Professional in Egmore, Chennai
A certified Tax Advisory expert in Egmore ensures complete compliance, accurate filing, and maximum benefit for your business.
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What is the difference between old and new tax regime?
Old regime allows deductions (80C, 80D, HRA, home loan interest) but has higher slab rates. New regime (default from FY 2023-24) has lower rates with limited deductions (only standard deduction ₹75,000 and employer NPS). FilingPro computes both and r
What is presumptive taxation under Section 44AD?
Section 44AD allows small businesses (turnover up to ₹3 crore with 95%+ digital receipts or ₹2 crore otherwise) to declare 8% (6% for digital receipts) of turnover as income without maintaining books. Section 44ADA allows professionals (receipts up t
Which ITR form should I use?
ITR-1 (Sahaj): Salary + one house property + other sources, income below ₹50 lakh. ITR-2: Salary + capital gains + multiple properties, income above ₹50 lakh, or foreign income. ITR-3: Business/professional income + any of above. ITR-4 (Sugam): Presu
What happens if I receive an income tax notice?
Income tax notices include: 139(9) defective return, 143(1)(a) intimation for adjustments, 143(2) scrutiny selection, 148 reassessment and 271(1)(c) penalty. Each has a specific response timeline. FilingPro responds to all notices within 48 hours wit
Can I file ITR for previous years?
You can file belated returns (within the assessment year) and updated returns (ITR-U within 2 years from end of AY) for previous years. Updated returns require payment of 25% (within 1 year) or 50% (within 2 years) additional tax on incremental tax a
Comparison
ITR Form Comparison — Which Form to File
FilingPro Chennai helps you choose the right option — call 9566-068-468 for personalised advice.
“Excess TDS deducted by my employer. FilingPro filed with maximum deductions and I got ₹18 refund in 28 days. Excellent and fast service.”
1 month agoVerified Client
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Palani S
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“NRI with rental income in India. FilingPro filed NRI ITR with DTAA benefits applied correctly. Refund processed within 30 days. Professional service for complex case.”
1 month agoVerified Client
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Umarani M
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“Missed filing last year. FilingPro filed both current and previous year ITR (belated), computed the late fee and ensured both years are regularised. Clean tax record restored.”
6 weeks agoVerified Client
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Lalitha K
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“FilingPro's AIS review caught a ₹25 FD interest entry I had forgotten. Included it correctly in ITR — prevented a potential notice while still maintaining all my deductions.”
2 months agoVerified Client
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Narayanan L
Income Tax Advisory
“My ITR had capital gains, rental income and salary. FilingPro sorted everything — correct ITR form, correct capital gains computation, all deductions. Clean, notice-free filing.”
3 months agoVerified Client
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Pazhanivel K
Income Tax Advisory
“FilingPro identified deductions worth ₹25 that I had been missing for years — NPS 80CCD, 80D for parents, HRA computed correctly. Regime comparison saved me even more.”
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Common questions from Egmore clients. Call 9566-068-468 for specific queries.
Filing ITR after July 31 (before December 31) attracts Section 234F late fee of ₹5,000 (income above ₹5 lakh) or ₹1,000 (income ≤ ₹5 lakh). Additionally, you lose the right to carry forward losses (except house property loss). After December 31, only updated return (ITR-U) is available with 25-50% additional tax.
NRIs can claim Section 80C deductions for: LIC premium, ELSS investments made in India, home loan principal on India property and PPF contributions (if existing account, no new PPF for NRIs). NRIs cannot claim 80D for health insurance from foreign insurer. FilingPro handles NRI returns with all applicable deductions.
ITR-1 (Sahaj): Salary + one house property + other sources, income below ₹50 lakh. ITR-2: Salary + capital gains + multiple properties, income above ₹50 lakh, or foreign income. ITR-3: Business/professional income + any of above. ITR-4 (Sugam): Presumptive income under 44AD/44ADA/44AE.
Log in to incometax.gov.in → e-File → View Filed Returns → select the assessment year → check processing status. Alternatively, check on tin.tin.nsdl.com with PAN and assessment year. FilingPro tracks refund status for all clients and escalates if refund is delayed beyond 45 days.
FilingPro reconciles every item in AIS and Form 26AS against documents provided, discloses all income correctly, claims only verified deductions with supporting documents, files using the correct ITR form and e-verifies immediately. This multi-layer review virtually eliminates post-filing notice risk.
Yes — you can pay rent to parents and claim HRA exemption. The rent must be actually paid (preferably by bank transfer), a rent agreement must exist, and your parents must declare the rental income in their ITR. If annual rent exceeds ₹1 lakh, parent's PAN must be quoted. FilingPro structures this correctly.
Section 87A provides a tax rebate of up to ₹12,500 if total taxable income does not exceed ₹5 lakh under the old regime, and ₹25,000 if income does not exceed ₹7 lakh under the new regime (from FY 2023-24). If eligible, your entire tax liability is waived. FilingPro always checks and claims 87A rebate.
Capital gains arise when you sell assets at a profit. Short-term capital gains (STCG) on equity/MF (holding < 1 year) are taxed at 20% from FY 2024-25. Long-term capital gains (LTCG) on equity above ₹1.25 lakh are taxed at 12.5% without indexation. Property LTCG is taxed at 12.5% without indexation or 20% with indexation.
You can file belated returns (within the assessment year) and updated returns (ITR-U within 2 years from end of AY) for previous years. Updated returns require payment of 25% (within 1 year) or 50% (within 2 years) additional tax on incremental tax amount. FilingPro helps clients regularise all pending years.
TDS deducted by employer is not the final tax. It is an advance payment. If your employer has deducted correct TDS based on your declarations, your tax liability may be nil at filing. But you must still file ITR (if income exceeds basic exemption limit) to claim refund of any excess TDS or other unclaimed deductions.
The due date for filing ITR for individuals (non-audit cases) is July 31 of the Assessment Year. For audit cases, it is October 31. Filing after July 31 but before December 31 attracts a late fee of ₹5,000 under Section 234F (₹1,000 if income ≤ ₹5 lakh). After December 31, only ITR-U (updated return) is available.
Income tax notices include: 139(9) defective return, 143(1)(a) intimation for adjustments, 143(2) scrutiny selection, 148 reassessment and 271(1)(c) penalty. Each has a specific response timeline. FilingPro responds to all notices within 48 hours with complete documentary support and legal arguments.
Form 10E is mandatory when claiming Section 89(1) relief on salary arrears received in the current year. This relief prevents paying excess tax on lump-sum arrear receipts by spreading the income over the years to which it relates. Form 10E must be filed on the IT portal BEFORE filing the ITR, otherwise the claim is disallowed.
Dividends are taxable in the hands of the recipient at applicable slab rates from FY 2020-21. TDS of 10% is deducted on dividends above ₹5,000 from Indian companies. Foreign dividends are taxable at slab rate. FilingPro ensures all dividend income is correctly reported with TDS credit in the ITR.
After ITR filing and e-verification, CPC (Centralized Processing Centre) Bengaluru processes the return. If excess TDS has been deducted, the refund is directly credited to the bank account registered on the IT portal (IFSC, account number verified). Accurate AIS/26AS matching results in refund within 30 days.
Professional Income Tax Advisory in Egmore, Chennai. Call @ 9566-068-468. Offices at Alapakkam, Maduravoyal & Nerkundram. 15+ years experience, 4.9★ rated.
FilingPro Chennai — 15+ Years of Expert Tax & Business Consulting. Offices at Alapakkam, Maduravoyal & Nerkundram, Chennai. Call @ 9566-068-468. Disclaimer: Information on this page is for general guidance only and does not constitute legal, financial or tax advice. Consult a qualified professional for specific advice.