ITR Filing in Vanagram, Chennai

Income Tax Return E-Filing in Vanagram, Chennai

Q: 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 recommends the regime that results in lower tax for each client.

Q: 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 to ₹75 lakh) to declare 50% of receipts as income.

Q: Can NRIs claim Section 80C deductions?

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.

Q: What is the penalty for late ITR filing?

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.

Old vs New Regime Optimised in Vanagram

Professional Income Tax E-Filing in Vanagram, Chennai by qualified experts. 15+ years experience, zero-penalty track record. Offices at Alapakkam, Maduravoyal & Nerkundram, Chennai. Call @ 9566-068-468 for free consultation.

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Income Tax E-Filing

Vanagram, Chennai · Call @ 9566-068-468

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9566-068-468

Response Time

Within 2 Hours

Experience

15+ Years

Service

ITR E-Filing

Offices

Alapakkam · Maduravoyal · Nerkundram

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Why FilingPro?

Why Vanagram Clients Choose FilingPro

Expert ITR E-Filing in Vanagram — qualified professionals, 15+ years experience, zero-penalty record.

CA-Supervised Every ITR

Every FilingPro ITR reviewed by a qualified professional — not just data entry. Expert accuracy for Vanagram clients.

Refund in 30 Days

Accurate AIS matching triggers fast CPC processing — Vanagram clients receive refunds within 30 days of e-verification.

80C Fully Claimed

EPF, PPF, LIC, ELSS, tuition fees — all 80C investments identified and claimed to ₹1.5 lakh limit for Vanagram clients.

Property Income Returns

Let-out, self-occupied, deemed let-out — Section 24(b) interest maximised for Vanagram property owners.

Dedicated Tax Advisor

Every Vanagram ITR client has a dedicated professional — tracks refund, advises next year's planning, handles notices.

Post-Filing Tax Report

After ITR, Vanagram clients receive a tax report — savings summary, refund timeline and next year's optimisation plan.

Key Benefits

What Vanagram Clients Get

Every Income Tax E-Filing engagement delivers measurable outcomes — expert professionals, on time, every time.

Old vs New Regime Optimised

Tax computed under both regimes — Vanagram clients always pay less under the regime FilingPro recommends.

AIS Mismatch Prevented

AIS reconciliation before filing eliminates mismatch notices — Vanagram clients file with confidence, receive no post-filing queries.

Capital Gains Optimised

Indexation, LTCG exemptions, tax-loss harvesting — capital gains managed for maximum after-tax returns for Vanagram investors.

NPS 80CCD(1B) Always Claimed

₹50,000 additional NPS deduction — identified and claimed for every eligible Vanagram client, often missed by others.

Zero Income Tax Penalty

Filed before July 31 every year — no Section 234F late fees for Vanagram clients under FilingPro management.

HRA Maximised for Chennai

50% of basic salary HRA exemption for Chennai metro — fully claimed for every renting Vanagram professional.

How It Works

Income Tax E-Filing Process — Vanagram

Simple, remote and hassle-free — WhatsApp documents, FilingPro handles the rest.

Document Collection

Form 16, AIS, 26AS, investment proofs collected from Vanagram client via WhatsApp — personal checklist provided for each client type.

AIS & 26AS Verified

Every AIS and 26AS line item verified — TDS credits, interest, dividend, capital gains — reconciled against client documents.

Regime Comparison

Tax computed under old and new regime — deductions, exemptions, surcharge applied correctly. Lower-tax regime recommended to Vanagram client.

ITR Drafted

Correct ITR form prepared — all schedules populated, deductions claimed, capital gains scheduled — reviewed by qualified professional.

E-Filed & Verified

ITR filed on IT portal, e-verified using Aadhaar OTP same day. Acknowledgement and refund timeline delivered to Vanagram client.

Client Reviews

What Vanagram Clients Say

Suresh G

Income Tax E-Filing

“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.”

2 months ago Verified

Seethai S

Income Tax E-Filing

“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.”

1 month ago Verified

Veerappan N

Income Tax E-Filing

“Got an income tax scrutiny notice (143(2)). FilingPro responded with complete AIS reconciliation and documents. Assessment completed with zero additional demand.”

2 months ago Verified

Gowri B

Income Tax E-Filing

“Had arrears from previous employment. FilingPro filed Form 10E before ITR and claimed full Section 89 relief. Saved significant tax on the lump-sum arrear payment.”

1 month ago Verified

Selvam N

Income Tax E-Filing

“ESOP income from my employer made ITR complicated. FilingPro handled the perquisite computation and subsequent capital gains schedule perfectly. Very knowledgeable team.”

1 month ago Verified

Periyathayammal N

Income Tax E-Filing

“Switched from new regime to old regime based on FilingPro's advice. Saved ₹25 in tax this year. Wish I had consulted them earlier.”

2 months ago Verified

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15+

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Common Questions

ITR E-Filing FAQ — Vanagram

Common questions from Vanagram clients. Call @ 9566-068-468 for specific queries.

Can I claim HRA if I pay rent to parents?

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.

What is the income tax filing deadline?

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.

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 with complete documentary support and legal arguments.

What is capital gains tax and how is it calculated?

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.

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 recommends the regime that results in lower tax for each client.

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 to ₹75 lakh) to declare 50% of receipts as income.

Can NRIs claim Section 80C deductions?

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.

What is the penalty for late ITR filing?

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.

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 waived. FilingPro always checks and claims 87A rebate.

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 identifies all eligible 80C investments for each client.

Have a specific question?

Our team responds within 2 hours on WhatsApp — free, no obligation.

Ask on WhatsApp Call @ 9566-068-468

Quick Facts — ITR E-Filing

Expert ITR E-Filing professionals

Filing from ₹1,000

100% remote — no office visit

WhatsApp-first support

Offices at Alapakkam, Maduravoyal & Nerkundram, Chennai

15+ years Chennai experience

Income Tax Return E-Filing in Vanagram, Chennai

Why Vanagram Clients Choose FilingPro

CA-Supervised Every ITR

Refund in 30 Days

80C Fully Claimed

Property Income Returns

Dedicated Tax Advisor

Post-Filing Tax Report

What Vanagram Clients Get

Income Tax E-Filing Process — Vanagram

Documents for Income Tax E-Filing

Income Tax E-Filing in Vanagram, Chennai

ITR E-Filing — Latest Guides

What Vanagram Clients Say

ITR E-Filing FAQ — Vanagram

Ready for Expert ITR E-Filing in Vanagram?

Income Tax Return E-Filing in Vanagram, Chennai

Why Vanagram Clients Choose FilingPro

CA-Supervised Every ITR

Refund in 30 Days

80C Fully Claimed

Property Income Returns

Dedicated Tax Advisor

Post-Filing Tax Report

What Vanagram Clients Get

Income Tax E-Filing Process — Vanagram

Documents for Income Tax E-Filing

Income Tax E-Filing in Vanagram, Chennai

Other Services in Vanagram, Chennai

ITR E-Filing — Latest Guides

What Vanagram Clients Say

ITR E-Filing FAQ — Vanagram

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