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 E-Filing in Kolathur, Chennai by qualified experts. 15+ years experience, zero-penalty track record. Offices at Alapakkam, Maduravoyal & Nerkundram. Call 9566-068-468 for free consultation.
SectionSection 234A/B/C Income Tax Act — Interest for late filing, short advance tax, and deferred advance tax — 1% per month simple interest
NotificationCBDT Notification dated 22-Apr-2024 — AIS (Annual Information Statement) scope expanded — now includes savings account interest, dividend, MF transa
SectionSection 139 Income Tax Act 1961 — Return of income — due date July 31 for individuals, October 31 for audit cases, December 31 for TP cases
Relevant Court Rulings
Madras HC (2024)
Dr. M. Ananda Kumar v. PCIT (2024)... — Reassessment under Section 148A requires tangible material — vague or general information is insufficient. Live link must exist between material and escaped inc
Bombay HC (2022)
PCIT v. HDFC Bank Ltd (2022) 444 ITR 76... — Bad debt written off in books is allowable under Section 36(1)(vii) — proof of irrecoverability not required if debt was offered as income earlier and written o
Transparent Pricing
Income Tax E-Filing in Kolathur — Plans & Pricing
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Kolathur is a busy commercial locality in north-west Chennai with vibrant markets and active business community.
FilingPro serves Kolathur clients for Income Tax E-Filing completely remotely — share documents via WhatsApp to 9566-068-468. Our team understands the specific compliance and business environment of Kolathur, Chennai. Call for a free consultation today.
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Expert Guide
Income Tax E-Filing in Kolathur — Complete Guide
Income tax e-filing in Kolathur is mandatory for individuals with annual income above ₹3 lakh under the new tax regime. FilingPro Kolathur files ITR-1 through ITR-7, reconciles AIS and Form 26AS, and maximises all deductions under Section 80C, 80D, and HRA — from Filing from ₹1,000. Kolathur is a busy commercial locality in north-west Chennai with vibrant markets and active business community — making Kolathur a key market for professional ITR E-Filing services in Chennai.
Income Tax E-Filing in Kolathur — Expert Service
Income Tax E-Filing in Kolathur maximises your tax refund by comparing old and new regimes and claiming every eligible deduction.
Income Tax Consultant in Kolathur
An income tax consultant in Kolathur reconciles AIS, Form 26AS, and employer TDS before filing your ITR.
ITR E-Filing in Kolathur — All Forms
ITR e-filing in Kolathur for salaried, business, capital gains, and NRI income — all ITR forms handled accurately.
Tax Filing Expert in Kolathur, Chennai
A certified tax expert in Kolathur ensures your ITR is AIS-matched and filed before the July 31 deadline.
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Qualified professionals handle your ITR E-Filing in Kolathur. WhatsApp documents — we begin within 24 hours. Filing from ₹1,000. Free consultation.
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).
Old regime allows deductions (80C, 80D, HRA, home loan interest) but has higher slab rates.
HRA exemption calculated — actual rent, 40%/50% of salary, and HRA compared
Presumptive taxation under 44AD — 8% (digital) or 6% declared correctly
Dividend income from shares and MF — tax at slab rate correctly declared
Yes — you can pay rent to parents and claim HRA exemption.
Capital gains computation — cost of acquisition, indexation, and exemption
ITR-1 (Sahaj): Salary + one house property + other sources, income below ₹50 lakh.
TDS deducted by employer is not the final tax.
PAN-Aadhaar linking status verified before ITR filing — no penalty
People Also Ask — ITR E-Filing in Kolathur
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
What is Form 10E and when should I file it?
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 f
Is TDS on salary final or do I need to file ITR?
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 lim
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 Section 87A rebate?
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 w
What is Section 80C and what are the eligible investments?
Section 80C allows deductions up to ₹1.5 lakh per year for: EPF/PPF contributions, LIC premium, ELSS (equity mutual funds), NSC, 5-year tax-saving FD, home loan principal repayment, Sukanya Samriddhi, ULIP and tuition fees for 2 children. FilingPro i
“Excess TDS deducted by my employer. FilingPro filed with maximum deductions and I got ₹18 refund in 28 days. Excellent and fast service.”
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“FilingPro identified deductions worth ₹35 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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“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.”
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“Switched from new regime to old regime based on FilingPro's advice. Saved ₹35 in tax this year. Wish I had consulted them earlier.”
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“ESOP income from my employer made ITR complicated. FilingPro handled the perquisite computation and subsequent capital gains schedule perfectly. Very knowledgeable team.”
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“Got an income tax scrutiny notice (143(2)). FilingPro responded with complete AIS reconciliation and documents. Assessment completed with zero additional demand.”
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Common questions from Kolathur clients. Call 9566-068-468 for specific queries.
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.
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.
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.
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.
AIS (Annual Information Statement) is a comprehensive statement showing all financial transactions — TDS, SFT data (property, mutual funds, dividends), foreign remittances, advance tax. Form 26AS shows only TDS and advance tax. AIS is broader and must be verified before ITR filing to prevent notices.
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.
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.
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.
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.
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.
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 to ₹75 lakh) to declare 50% of receipts as income.
Section 24(b) allows deduction of home loan interest — up to ₹2 lakh per year for self-occupied property (construction completed within 5 years of loan). For let-out property, full interest is allowed as deduction. Pre-EMI interest is deductible in 5 equal instalments after construction completion.
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.
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.
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 recommends the regime that results in lower tax for each client.
Professional Income Tax E-Filing in Kolathur, 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.