Golden Verdict
Tax Compliance

File your income tax return the right way.

From salaried professionals to business owners, every ITR is different. Golden Verdict pairs you with a Chartered Accountant who picks the correct form, claims every deduction you're entitled to, and e-files your return before the deadline — accurately, securely, and with proof in your dashboard.

Starting at Just

₹999+ GST
Income Tax Return (ITR) Filing by Golden Verdict

ITR Prepared & E-Filed in 3 Days*

*Timeline is indicative and may vary based on document verification and government processing.

What is an Income Tax Return?

An Income Tax Return (ITR) is the annual statement of your income, deductions, and taxes paid that you file with the Income Tax Department of India. Filing the correct ITR form on time confirms your tax position for the financial year, lets you claim refunds of excess TDS, carry forward losses, and serves as proof of income for loans, visas, and tenders. For FY 2025-26 (Assessment Year 2026-27) the new tax regime is the default, with income up to ₹12 lakh effectively tax-free for resident individuals after the Section 87A rebate. Anyone whose income exceeds the basic exemption limit — or who meets any mandatory-filing condition — must file an ITR, even when no tax is payable.

Why Filing Your ITR Matters

Filing an Income Tax Return is more than a legal formality. A correctly filed ITR unlocks refunds, builds your financial credibility, and keeps you fully compliant with the Income Tax Department.

Claim Your Refund

Recover excess TDS or advance tax. Refunds are only released once a valid return is filed and verified.

Proof of Income

A filed ITR is the standard income proof banks and embassies ask for on loan, credit-card, and visa applications.

Carry Forward Losses

Capital, business, and house-property losses can be carried forward to future years — only if you file on time.

Avoid Penalties & Notices

Timely, accurate filing prevents late fees under Section 234F, interest, and scrutiny notices from the department.

Smoother Compliance

A consistent filing history simplifies higher-value loans, tenders, and future dealings with the tax department.

Peace of Mind

Knowing your taxes are filed correctly — reconciled against your AIS and 26AS — removes year-end stress.

Who Should File an ITR?

You should file an income tax return if any of the following apply to you:

  • Total income (before deductions) exceeds the basic exemption limit
  • You want to claim a refund of TDS, TCS, or advance tax already paid
  • You hold any foreign asset or earn foreign income (filing is mandatory)
  • You earn from business, profession, freelancing, or capital gains
  • You deposited large amounts in bank accounts or made high-value transactions
  • You spent over ₹2 lakh on foreign travel or paid electricity bills above ₹1 lakh
  • You are a company, firm, LLP, or trust — filing is mandatory regardless of income
  • You want documented income proof for loans, visas, or tenders

Types of ITR Forms

The Income Tax Department prescribes seven ITR forms. The right one depends on who you are and where your income comes from. Here's a complete breakdown of ITR-1 through ITR-7.

ITR-1

Sahaj
Simple

Resident salaried individuals with simple income up to ₹50 lakh.

Income Sources

Salary or pensionOne house propertyInterest & other sourcesAgricultural income up to ₹5,000

Can use

  • Resident individuals with total income ≤ ₹50 lakh
  • Long-term capital gains u/s 112A up to ₹1.25 lakh

Cannot use

  • Company directors or unlisted-share holders
  • Business/professional income
  • More than one house property
  • Foreign income or assets

Example: A salaried employee with one home and savings-account interest.

ITR-2

Moderate

Individuals & HUFs with capital gains or multiple income sources, but no business income.

Income Sources

Salary or pensionMore than one house propertyCapital gainsForeign income & assetsIncome above ₹50 lakh

Can use

  • Individuals & HUFs without business/professional income
  • Company directors and unlisted-share holders
  • Residents with foreign assets

Cannot use

  • Income from business or profession
  • Presumptive income filers (use ITR-4)

Example: A salaried investor who sold shares/property or owns two houses.

ITR-3

Complex

Individuals & HUFs running a business or profession, including partners and traders.

Income Sources

Business or professional incomePartner's remuneration from a firmF&O / intraday tradingAll incomes covered by ITR-2

Can use

  • Proprietors and professionals (non-presumptive)
  • Partners in a firm
  • Anyone with both business and capital-gains income

Cannot use

  • Firms, LLPs, or companies (use ITR-5/ITR-6)
  • Simple presumptive filers eligible for ITR-4

Example: A freelance consultant, doctor, or shop owner maintaining books.

ITR-4

Sugam
Simple

Small businesses & professionals opting for presumptive taxation with income up to ₹50 lakh.

Income Sources

Presumptive business income (Sec 44AD)Presumptive professional income (Sec 44ADA)Goods carriage income (Sec 44AE)Salary, one house property & interest

Can use

  • Resident individuals, HUFs & firms (not LLP) ≤ ₹50 lakh
  • Those declaring income on a presumptive basis

Cannot use

  • Total income above ₹50 lakh
  • Company directors / unlisted shares
  • Foreign assets or more than one house property

Example: A small trader or freelancer declaring income under Section 44AD/44ADA.

ITR-5

Complex

Firms, LLPs, and associations — entities that are not individuals or companies.

Income Sources

Partnership firm & LLP incomeAOP / BOI incomeBusiness trust & investment-fund incomeEstate of deceased / insolvent

Can use

  • Partnership firms and LLPs
  • Associations of Persons (AOP) & Bodies of Individuals (BOI)
  • Business trusts and investment funds

Cannot use

  • Individuals & HUFs
  • Companies (use ITR-6)
  • Entities filing under ITR-7

Example: A two-partner LLP or a partnership firm filing its annual return.

ITR-6

Complex

Companies registered under the Companies Act (other than those claiming charitable exemption).

Income Sources

Company business incomeCapital gains & other sourcesHouse property held by the company

Can use

  • Private limited & public limited companies
  • One Person Companies (OPC)

Cannot use

  • Companies claiming exemption under Section 11 (charitable)
  • Individuals, firms, or LLPs

Example: A Private Limited Company filing its corporate income tax return.

ITR-7

Complex

Trusts, NGOs, political parties, and institutions filing under Sections 139(4A)–139(4F).

Income Sources

Charitable / religious trust incomePolitical party incomeResearch & educational institution income

Can use

  • Charitable & religious trusts
  • Political parties
  • Universities, colleges & research institutions

Cannot use

  • Ordinary individuals & companies
  • Entities without a special exemption claim

Example: A registered charitable trust or Section 8 company claiming exemption.

Which ITR is Right for You?

Not sure which form to file? Pick the option that best describes you to see the recommended ITR — then let our CA confirm it for your exact situation.

I am a / I have

Recommended form

ITR-1SahajSimple

For a salary, one house, and interest income up to ₹50 lakh. Move to ITR-2 if you also have capital gains, foreign assets, or income above ₹50 lakh.

See full ITR-1 details

Why File With Golden Verdict

From form selection to e-verification, a Chartered Accountant owns your return end to end — so it's accurate, optimised, and filed on time.

CA-Assisted Filing

Every return is prepared and signed off by a qualified Chartered Accountant — never a generic template.

Thorough Expert Review

We reconcile your return against Form 26AS and AIS to catch mismatches before the department does.

Maximum Deduction Guidance

We compare the old and new regimes and claim every deduction you're legally entitled to.

Secure Document Handling

Documents stay in your encrypted dashboard, accessed only by your assigned expert.

On-Time, Every Time

Proactive reminders and a clear timeline mean your ITR is filed well before the deadline.

Error-Free Submission

Computation, schedules, and disclosures are double-checked so your return is accepted the first time.

Documents Required for ITR Filing

You won't need all of these — only what applies to your income. Your checklist is tailored once you start, and we reconcile everything against your Form 26AS and AIS.

Identity & Basics

  • PAN card
  • Aadhaar card (linked to PAN)
  • Bank account number & IFSC
  • Last year's ITR (if any)

Salary Income

  • Form 16 from employer
  • Monthly salary slips
  • Form 12BA (perquisites, if any)

House Property

  • Home loan interest certificate
  • Rent received & tenant details
  • Municipal/property tax paid

Capital Gains

  • Broker / mutual-fund capital-gains statement
  • Sale & purchase deeds of property
  • Cost of acquisition & improvement

Business / Profession

  • Profit & loss and balance sheet
  • Bank statements
  • GST returns (if registered)
  • Books of accounts

Investments & Deductions

  • 80C proofs — LIC, PPF, ELSS, tuition
  • 80D health insurance premiums
  • NPS contribution receipts
  • Donation receipts (80G)

Taxes Paid

  • Form 26AS
  • Annual Information Statement (AIS/TIS)
  • TDS certificates (Form 16A)
  • Advance / self-assessment tax challans

Foreign Income / Assets

  • Foreign bank & asset details
  • Foreign income statements
  • Form 67 for foreign tax credit (DTAA)

Simple, Transparent Pricing

Pay only the service fee plus 18% GST — there is no government fee for filing an income tax return. Choose the plan that matches your income; your CA confirms the right fit before any work begins.

Salaried

ITR-1 (Sahaj)

Salaried individuals & pensioners — salary, one house property, and interest income up to ₹50 lakh.

₹999+ GST

₹180 GST (18%) · ₹1,179 all-inclusive

No government fee for ITR filing

  • Correct ITR form selection
  • Old vs new regime comparison
  • Salary & deduction optimisation
  • AIS & Form 26AS reconciliation
  • E-filing + e-verification help
  • ITR-V acknowledgement & support
Most Popular

Presumptive / Small Business

ITR-4 (Sugam)

Small businesses & professionals declaring income on a presumptive basis (Sections 44AD / 44ADA).

₹1,999+ GST

₹360 GST (18%) · ₹2,359 all-inclusive

No government fee for ITR filing

  • Everything in Salaried
  • Presumptive income computation
  • Business & professional income
  • GST data reconciliation
  • Dedicated Chartered Accountant

Capital Gains & Business

ITR-2 / ITR-3

Capital gains, multiple properties, foreign income, or a business maintaining full books of accounts.

₹2,499+ GST

₹450 GST (18%) · ₹2,949 all-inclusive

No government fee for ITR filing

  • Everything in Presumptive
  • Capital gains computation
  • Multiple house properties
  • Foreign income & assets (Form 67)
  • Business P&L & balance sheet

Common Tax Deductions We Help You Claim

Deductions reduce your taxable income. Most of these are available under the old tax regime — our CA compares both regimes and files under whichever leaves you paying less.

80C

Investments & Savings

Up to ₹1.5 lakh

EPF, PPF, ELSS, life insurance premiums, principal on home loan, tuition fees, and tax-saving FDs.

80D

Health Insurance

Up to ₹1 lakh

Medical insurance premiums for self, family, and parents — higher limits apply for senior citizens.

80CCD(1B)

NPS Contribution

Extra ₹50,000

Additional deduction for National Pension System contributions, over and above the 80C limit.

HRA

House Rent Allowance

As per salary

Exemption on rent paid, based on your salary, HRA received, and city of residence.

24(b)

Home Loan Interest

Up to ₹2 lakh

Interest paid on a home loan for a self-occupied property is deductible from house-property income.

80E

Education Loan Interest

No upper limit

Full interest on a higher-education loan is deductible for up to 8 years from when repayment begins.

80G

Donations

50%–100%

Donations to eligible charitable funds and institutions, deductible at 50% or 100% as notified.

80TTA / 80TTB

Savings Interest

₹10,000 / ₹50,000

Interest on savings accounts (₹10,000) — or up to ₹50,000 on deposits for senior citizens under 80TTB.

Income Tax Return Due Dates

Filing deadlines for Assessment Year 2026-27 (Financial Year 2025-26). Dates can be extended by the CBDT — we track every change for you.

TaxpayerDue DateApplies To
Individuals & non-audit taxpayers31 July 2026Salaried individuals, pensioners, and others whose accounts don't require an audit.
Businesses requiring audit31 October 2026Taxpayers whose accounts must be audited under the Income Tax Act.
Transfer-pricing cases30 November 2026Taxpayers who must furnish a report in Form 3CEB for international/specified domestic transactions.
Belated & revised return31 December 2026File a late return (with fee) or revise an already-filed return for AY 2026-27.
Updated return (ITR-U)Up to 31 March 2030Within 48 months from the end of the assessment year, on payment of additional tax.

Penalties for Late or Non-Filing

  • Late filing fee under Section 234F — up to ₹5,000 (₹1,000 if total income is below ₹5 lakh).
  • Interest under Section 234A at 1% per month on unpaid tax, from the due date until you file.
  • Interest under Sections 234B & 234C at 1% per month for shortfall or deferment of advance tax.
  • Loss of carry-forward — capital and business losses cannot be carried forward if the return is filed late.
  • Delayed refunds — any refund due to you is processed only after a valid return is filed and verified.
  • Scrutiny & notices — non-filing or mismatches with AIS/26AS can trigger notices under Sections 142(1) or 143(2).
  • Prosecution — wilful failure to file can, in serious cases, attract prosecution under Section 276CC.

Related Services

Golden Verdict handles your wider tax and compliance needs too — from GST and accounting to company registration and expert consultation.

GST Filing

Monthly, quarterly & annual GST returns filed on time.

Company Registration

Register your Private Limited Company end to end.

Professional Tax

Professional tax registration and return filing.

MSME / Udyam

Free Udyam (MSME) registration for your business.

Bookkeeping & Accounting

Books, ledgers, and financial statements, managed.

Digital Signature (DSC)

Class 3 DSC for secure online filings.

Tax Consultation

Talk to a tax expert about your specific situation.

How It Works

1

Purchase & Onboard

Choose your plan and pay securely. You're instantly onboarded to your Golden Verdict dashboard with a personalised document checklist.

2

Upload Documents

Upload your PAN, Aadhaar, Form 16, bank statements, and investment proofs. We also pull and reconcile your Form 26AS and AIS.

3

Expert Review

A Chartered Accountant reviews your income sources, identifies eligible deductions, and compares the old vs new regime for the lowest legal tax.

4

Return Preparation

Your CA selects the correct ITR form (ITR-1 to ITR-7) and prepares a complete, accurate computation of income and tax.

5

Your Review & Approval

We walk you through the draft computation and refund/tax position. Nothing is filed until you've reviewed and approved it.

6

ITR E-Filing

We e-file your return on the income tax portal and help you complete e-verification via Aadhaar OTP, net banking, or EVC.

7

Acknowledgement

You receive your filed ITR-V acknowledgement and a complete copy of your return, stored safely in your dashboard.

8

Completion & Support

We track refund status and remain available for any follow-up queries or intimations under Section 143(1).

Tax Compliance service

Get Your ITR Filed Without Any Hassle

Correct form selection, full deduction review, CA-prepared computation, e-filing, and e-verification support — for ITR-1 through ITR-7.

Starting at Just

₹999+ GST

Why Golden Verdict For
Income Tax Return (ITR) Filing?

Most ITR notices come from avoidable mistakes — the wrong form, income that doesn't reconcile with Form 26AS and the Annual Information Statement (AIS), missed deductions, or unreported capital gains and interest. Golden Verdict assigns a Chartered Accountant who reconciles your full financial picture against your AIS and 26AS, compares the old and new regimes to minimise your tax, prepares an accurate computation, files your return, and guides you through e-verification. You review and approve everything before we submit — no surprises, no guesswork.

A return filed right the first time is your best protection against notices — and the fastest route to your refund.

Expert legal team at Golden Verdict

Frequently Asked Questions

What is an Income Tax Return (ITR) and who needs to file it?+
An ITR is the annual statement of your income and taxes filed with the Income Tax Department. You must file if your total income before deductions exceeds the basic exemption limit. Filing is also mandatory regardless of income if you hold foreign assets or income, have deposited large sums in bank accounts, spent over ₹2 lakh on foreign travel, paid electricity bills over ₹1 lakh, or had TDS/TCS above the prescribed threshold. Many people also file voluntarily to claim refunds or to build proof of income for loans and visas.
Which ITR form applies to me?+
It depends on your income sources. ITR-1 (Sahaj) suits most salaried individuals with income up to ₹50 lakh; ITR-2 covers capital gains, multiple properties, or foreign assets; ITR-3 is for business or professional income; ITR-4 (Sugam) is the presumptive-taxation form for small businesses and professionals; ITR-5, ITR-6, and ITR-7 are for firms/LLPs, companies, and trusts respectively. Golden Verdict's CA confirms the correct form for you before filing.
What is the due date for filing my ITR?+
For most individuals and taxpayers not requiring an audit, the due date is 31st July following the financial year. For taxpayers whose accounts must be audited, it is 31st October, and 30th November where a transfer-pricing report is required. Dates are occasionally extended by the CBDT — we track this for you.
Is income up to ₹12 lakh really tax-free now?+
Under the new tax regime for FY 2025-26 (AY 2026-27), resident individuals with total income up to ₹12 lakh pay no tax after the Section 87A rebate. Salaried taxpayers also get a ₹75,000 standard deduction, raising the effective tax-free salary to about ₹12.75 lakh. You must still file an ITR if your income exceeds the basic exemption limit, even when the rebate brings your tax to nil.
What happens if I miss the deadline?+
You can still file a belated return up to 31st December of the assessment year, but with a late fee under Section 234F (up to ₹5,000, reduced to ₹1,000 if total income is below ₹5 lakh) plus interest on any unpaid tax. Late filing also blocks you from carrying forward most losses. We help you file on time to avoid these costs.
Can I still file if I've missed even the belated deadline?+
Yes — an Updated Return (ITR-U) can be filed up to 48 months (4 years) from the end of the relevant assessment year, subject to additional tax. It cannot be used to claim a refund or reduce tax, but it lets you regularise missed income and stay compliant.
Do I need to choose between the old and new tax regime?+
The new regime is the default, but the old regime (with deductions like 80C, 80D, and HRA) can still be better if you have significant investments and exemptions. Our CA computes your tax under both and files under whichever is lower — a key part of every Golden Verdict ITR.
How does Golden Verdict use my Form 26AS and AIS?+
Form 26AS and the Annual Information Statement (AIS) show the income and TDS the department already has on record. We reconcile your return against both so that nothing is missed or mismatched — the single most common trigger for income tax notices.
Is my data safe with Golden Verdict?+
Yes. Documents are uploaded through your secure dashboard, handled only by the assigned Chartered Accountant, and never shared without your consent. Your return is filed on the official income tax portal.
Will a CA actually handle my return, or is it automated?+
Every ITR is prepared and reviewed by a qualified Chartered Accountant. Automation helps us collect and reconcile data quickly, but form selection, deduction planning, and the final computation are always done by an expert.
What is the difference between the old and new tax regimes?+
The new regime offers lower slab rates but removes most deductions and exemptions (like 80C, 80D, and HRA). The old regime has higher rates but lets you claim those deductions. The new regime is the default — but if you have significant investments, insurance, or rent, the old regime can still work out cheaper. We compute both and file under the lower one.
What is Form 16 and do I need it to file?+
Form 16 is the TDS certificate your employer issues, summarising your salary and the tax deducted. It makes salary filing straightforward, but it isn't strictly mandatory — we can also prepare your return from salary slips and Form 26AS if Form 16 isn't available.
I changed jobs during the year and have two Form 16s. What should I do?+
Share both. We consolidate income from all employers, account for any double-counted exemptions or deductions, and recompute your correct tax — a common area where self-filed returns go wrong and attract demand notices.
What is the difference between Form 26AS and AIS?+
Form 26AS is a consolidated statement of tax deducted/collected and tax paid against your PAN. The Annual Information Statement (AIS) is broader — it also reports interest, dividends, securities transactions, and more. We reconcile your return against both so reported income matches the department's records.
How are capital gains taxed?+
It depends on the asset and holding period. Listed equity and equity mutual funds held over 12 months are long-term; gains above ₹1.25 lakh are taxed at 12.5%, while short-term gains are taxed at 20%. Property and debt instruments have their own rules. Our CA computes gains with the correct holding periods, indexation where applicable, and exemptions like Section 54.
How is income from crypto / virtual digital assets taxed?+
Gains from virtual digital assets (crypto, NFTs) are taxed at a flat 30% plus cess, with no deduction except cost of acquisition and no set-off of losses. A 1% TDS also applies on transfers. We report VDA income correctly in your ITR to avoid mismatches with exchange-reported data.
Can both HRA and home loan benefits be claimed together?+
Yes, in genuine cases — for example, if you rent in your work city while repaying a home loan on a property elsewhere (or one that's let out). The claim must be bona fide; our CA reviews your situation to claim both correctly where eligible.
Do freelancers and consultants need to pay advance tax?+
Yes. If your total tax liability for the year exceeds ₹10,000, advance tax is payable in instalments through the year. We help you estimate and plan advance tax so you avoid interest under Sections 234B and 234C.
What is presumptive taxation under Sections 44AD and 44ADA?+
Presumptive schemes let eligible small businesses (44AD) and professionals (44ADA) declare income at a fixed percentage of turnover/receipts without maintaining detailed books. It simplifies compliance and is filed using ITR-4 (Sugam). We confirm your eligibility and the most beneficial option.
How do I e-verify my return after filing?+
A return isn't complete until it's verified. You can e-verify within 30 days using an Aadhaar OTP, net banking, or an EVC — it takes under a minute, and we guide you through it. If not verified in time, the return is treated as not filed.
How long does it take to receive my refund?+
Once your return is filed and e-verified, refunds are usually processed by the Income Tax Department within a few weeks, credited directly to your pre-validated bank account. We help pre-validate your account and track the refund status for you.
Should I file a return even if my income is below the exemption limit?+
It's often worth it. A 'nil' return helps you claim TDS refunds, builds a documented income history for loans and visas, and lets you carry forward certain losses. In some cases (foreign assets, high-value transactions) filing is mandatory regardless of income.
Do NRIs and people with foreign income need to file in India?+
NRIs must file if their India-sourced income exceeds the basic exemption limit or to claim refunds. Residents with foreign income or assets must disclose them and can claim foreign tax credit under a DTAA using Form 67. We handle residential-status determination and foreign-income reporting.
What happens after my return is filed?+
The department processes it and issues an intimation under Section 143(1) confirming the computation or flagging differences. If there's a mismatch or a notice, we help you understand and respond. Your filed return and acknowledgement remain available in your Golden Verdict dashboard.
File with confidence

Ready to get your Income Tax Return (ITR) Filing?

From salaried professionals to business owners, every ITR is different. Golden Verdict pairs you with a Chartered Accountant who picks the correct form, claims every deduction you're entitled to, and e-files your return before the deadline — accurately, securely, and with proof in your dashboard.

“A return filed right the first time is your best protection against notices — and the fastest route to your refund.”

Talk to an Expert

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