Mycorporation.inMycorporation.inMycorporation.in
Banner design - Mycorporation

Income Tax Return Individual Resident

We take care of everything, so you don’t have to worry about your taxes anymore

Arrow
shape
Arrow
shape
Section Shape

Easy & Hassle Free Online Process

Dedicated Expert & Account Manager

Advisory Session From Experts

Why Income Tax return need to file?

Income Tax return filling is legal requirement in India as per Income tax Act 1961 The following taxpayers are required to file a mandatory income tax return are listed below:

Any private, public, foreign, domestic company.
Any Limited Liability Partnership (LLP) and unlimited liability partnership.
Any total individual income is exceeding the exemption limit.
back and forth bar case study icons-03
Advantages of Filling Income tax return
Legal Requirement by Income Tax Act 1961 – for individual & HUF -If gross total income Exceeding 2,50,000/-then shall have to file return
For firm & companies- even if no income return filing mandatory
Claiming refund
Carry-forward of losses
Establishing income proof in compensation cases
Helps the bank loan documentation process easier
Credit Card Processing
For a hassle-free visa application procedure
Makes life easier for freelancers and Professional
back and forth bar case study icons-03
Disadvantages of a Non Filling Income tax return
Losses cannot be carried forward.
Deductions under Chapter – VI A cannot be claim
Interest under Section 234
Loss on refund of Taxes (Financial loss)
Best judgment assessment (Assessment under section 144):
Penalty for Concealment of Income
Prosecution for Failure to Furnish Return of Income u/s 276CC

Our Packages

Income Tax Return Salaried

Exclusive Government Fees
Starting at ₹ 1500GST will be charged at 18%
  • Salaried Income
  • House Property Income
  • Other Source Of Income
  • Capital Gain Income

Income Tax Return Capital Gains

Exclusive Government Fees
Starting at ₹ 2000GST will be charged at 18%
  • Salaried Income
  • House Property Income
  • Other Sources Of Income
  • Capital Gain Income

Income Tax Return Business

Exclusive Government Fees
Starting at ₹ 3000GST will be charged at 18%
  • Salaried Income
  • House Property Income
  • Other Sources Of Income
  • Business Income (Turnover)

Documents Required For Income Tax Return Individual Resident

Copy of PAN
Banks Accounts details / statements of all bank accounts (including Joint Accounts)
Signed copy of Special Resolution provided by us
Form 16 received from Employer (if available)
Form 16 A received form Deductor (if available)
Details of Investments made / Mediclaim (To claim Deduction or to lessen your tax burden)
Aadhar Number (Mandatory)
Passport Number ( if you have visited outside India in last financial year)
Banner design - Mycorporation

Process Involved

STEP – 1
Documentation

Documents are provided by the client

STEP – 2

Computation of Income

Based on above documents Income is calculated and sent to client for confirmation

STEP – 3

Calculation of Tax Payable

Tax payable is calculated based on Income

STEP – 4

Payment of Tax

Computation of Tax is sent to client and informed for payment

STEP – 5

Preparation of Return

Income Tax Return is prepared and tax details are feeded

STEP – 6

Submission of Return

Prepared income tax return is uploaded to income tax portal using clients id and password

Get in touch

You won’t have to worry about missing a tax deduction or wasting hours of time doing your taxes by hand

We take care of everything, so you don’t have to worry about your taxes anymore

24/7 hours customer support

100% money back Guarentee

+91 888-210-1000
FAQs

The return of income can be filed with the Income-tax Department in any of the following modes.
• By furnishing the return in a paper form.
• By furnishing the return electronically under a digital signature or Aadhaar OTP.

Return of income can be filed either in hard copy at the local office of the Income-tax Department or can be electronically filed at www.incometax.gov.in

In case of queries on e-filing of return, the taxpayer can contact us at 8882101000

Yes, provided the original return has been filed before the due date and the Department has not completed the assessment. It is expected that the mistake in the original return is of a genuine and bona fide nature and not rectification of any deliberate mistake. However, a belated return (being a return filed after the due date) cannot be revised.

Yes, if one could not file the return of income on or before the prescribed due date, then he can file a belated return. A belated return can be filed within a period of one year from the end of the assessment year or before completion of the assessment, whichever is earlier. Return filed after the prescribed due date is called as a belated return.

Filing of return is your duty and earns for you the dignity of consciously contributing to the development of the nation. Apart from this, your income-tax returns validate your credit worthiness before financial institutions and make it possible for you to access many financial benefits such as bank credits, etc.

Filing of return with digital signature is mandatory for: (a) Every company; (b) A firm or an individual or HUF who are required to get their accounts audited under section 44AB; (c) A Political Party its income exceeds the limit, without claiming exemptions under Section 13A, which is not chargeable to tax]

It can be found either on the Form 16/16A or in the 26AS tax credit statement available on https://eportal.incometax.gov.in/iec/foservices/#/pre-login/knowYourTAN Income Tax website.

click on Services>Know your AO given on the home page of www.incometax.gov.in or use the following link https://eportal.incometax.gov.in/iec/foservices/#/pre-login/knowYourAO to know your jurisdictional Assessing officer

No, all salaried taxpayers can’t choose ITR-1 for filing tax returns from Assessment Year 2013-14 onwards. They can choose ITR-1 only if they are claiming exemption under sec. 10 (e.g. HRA, Conveyance allowance, etc.) up to Rs 5,000 or less. So, if taxpayer is claiming any exemption under sec. 10 which exceeds Rs. 5,000, he cannot file return of income in ITR-1 (As per amended Rule 12 of income-tax rules).

Yes, only 5 returns can be filed using the same email-id or same mobile number.

Services

Other Business Services

Proprietorship Registration

Partnership Registration

Section 8 Company Registration

Business Registration

    What kind of business do you want to register ?*

    Why do you want to register?*

    Where would you like you Register your Company ?*

    How much do you want to invest in your company?*

    How many Business partners do you have ?*

    Do you need assistance in opening a Current Account?*

    Organisation Name

    Name*

    Email*

    Phone*

    Get Instant Quote

      What is the nature of your business?

      Where would you like you Register your Company ?

      Do you need assitance in opening a Current Account?

      Organisation Name*

      Our Packages*

      Name*

      Email*

      Contact*

      Get Instant Quote

        What is the nature of your business?

        Where would you like you Register your Company ?

        Do you need assitance in opening a Current Account?

        Organisation Name*

        Our Packages*

        Name*

        Email*

        Contact*

        Get Instant Quote

          What is the current name of your company?

          What is the proposed name of the company?

          Do you need assitance in opening a Current Account?

          Organisation Name*

          Our Packages

          Name*

          Email*

          Contact*

          Get Instant Quote

            What is the current name of your company?

            What is the proposed name of the company?

            Do you need assitance in opening a Current Account?

            Organisation Name*

            Our Packages

            Name*

            Email*

            Contact*

            Get Instant Quote

              Which of the following best describes you?

              What would you consider yourself to be one of the following?

              Our Packages

              What kind of entity do you have?

              Organisation Name

              Name*

              Email*

              Contact*

              Get Instant Quote

                Which of the following best describes you?

                What would you consider yourself to be one of the following?

                Our Packages

                What kind of entity do you have?

                Organisation Name

                Name*

                Email*

                Contact*

                Get Instant Quote

                  Why do you need ISO certificate ?

                  Select your preference

                  What is the nature of your business ?

                  Which ISO Certificate are you looking for ?*

                  Name*

                  Email*

                  Contact*

                  Get Instant Quote

                    Why do you need ISO certificate ?

                    Select your preference

                    What is the nature of your business ?

                    Which ISO Certificate are you looking for ?*

                    Name*

                    Email*

                    Contact*

                    Get Instant Quote

                      What do you want to Update?

                      What kind of entity do you have?

                      Our Packages

                      Name*

                      Email*

                      Contact*

                      Get Instant Quote

                        What do you want to Update?

                        What kind of entity do you have?

                        Our Packages

                        Name*

                        Email*

                        Contact*

                        Get Instant Quote

                          Which of the following best describes you?

                          What kind of entity do you have?

                          What is the nature of your Business

                          Our Packages

                          Why do you want GST registration?

                          Do you need assistance in opening a Current Account?

                          What's your organization Name ?

                          Name*

                          Email*

                          Contact*

                          Get Instant Quote

                            Which of the following best describes you?

                            What kind of entity do you have?

                            What is the nature of your Business

                            Our Packages

                            Why do you want GST registration?

                            Do you need assistance in opening a Current Account?

                            What's your organization Name ?

                            Name*

                            Email*

                            Contact*

                            Get Instant Quote

                              What is the current address of your company?

                              What is the proposed address of the company?

                              Do you need assitance in opening a Current Account?

                              Organisation Name*

                              Our Packages

                              Name*

                              Email*

                              Contact*

                              Get Instant Quote

                                What is the current name of your company?

                                What is the proposed name of the company?

                                Do you need assitance in opening a Current Account?

                                Organisation Name*

                                Our Packages

                                Name*

                                Email*

                                Contact*

                                Get Instant Quote

                                  Which of the following best describes your requirement?

                                  Organisation Name

                                  Our Packages

                                  Name*

                                  Email*

                                  Contact*

                                  Get Instant Quote

                                    What is the current name of your company?

                                    What is the proposed name of the company?

                                    Do you need assitance in opening a Current Account?

                                    Organisation Name*

                                    Our Packages

                                    Name*

                                    Email*

                                    Contact*

                                    Get Instant Quote

                                      Which of the following best describes you?*

                                      What kind of business do you want to register?*

                                      Why do you want to register?*

                                      Where would you like you Register your Company ?*

                                      How much do you want to invest in your company ?*

                                      How many Business partners do you have ?*

                                      Do you need assistance in opening a Current Account?*

                                      Organisation Name*

                                      Name*

                                      Email*

                                      Phone*

                                      Get Instant Quote

                                        What is the current name of your company?

                                        What is the proposed name of the company?

                                        Do you need assitance in opening a Current Account?

                                        Organisation Name*

                                        Our Packages

                                        Name*

                                        Email*

                                        Contact*

                                        Get Instant Quote

                                          What is the nature of your Business

                                          Organisation Name*

                                          Our Packages

                                          Name*

                                          Email*

                                          Contact*

                                          Get Instant Quote

                                            What is the current name of your company?

                                            What is the proposed name of the company?

                                            Do you need assitance in opening a Current Account?

                                            Organisation Name*

                                            Our Packages

                                            Name*

                                            Email*

                                            Contact*

                                            Get Instant Quote

                                              What is the current name of your LLP?

                                              What is the proposed name of the LLP?

                                              Do you need assitance in opening a Current Account?

                                              Organisation Name*

                                              Our Packages

                                              Name*

                                              Email*

                                              Contact*

                                              Get Instant Quote

                                                What is the current name of your company?

                                                What is the proposed name of the company?

                                                Do you need assitance in opening a Current Account?

                                                Organisation Name*

                                                Our Packages

                                                Name*

                                                Email*

                                                Contact*

                                                Get Instant Quote

                                                  What is the current address of your company?

                                                  What is the proposed address of the company?

                                                  Do you need assistance in opening a Current Account?

                                                  Organisation Name*

                                                  Our Packages

                                                  Name*

                                                  Email*

                                                  Contact*

                                                  Get Instant Quote

                                                    What is the current name of your company?

                                                    What is the proposed name of the company?

                                                    Do you need assitance in opening a Current Account?

                                                    Organisation Name*

                                                    Our Packages

                                                    Name*

                                                    Email*

                                                    Contact*

                                                    Get Instant Quote

                                                      What kind of entity do you have?

                                                      Organisation Name*

                                                      Our Packages

                                                      Name*

                                                      Email*

                                                      Contact*

                                                      Get Instant Quote

                                                        What is the current name of your company?

                                                        What is the proposed name of the company?

                                                        Do you need assitance in opening a Current Account?

                                                        Organisation Name*

                                                        Our Packages

                                                        Name*

                                                        Email*

                                                        Contact*

                                                        Get Instant Quote

                                                          Which Type of Registration are you looking for?

                                                          What is the type of organisation you have?

                                                          What are the major activities conducted in your business?

                                                          Our Packages

                                                          Do you have GSTN?

                                                          Have you filed your ITR for PY?

                                                          Organisation Name*

                                                          Name*

                                                          Email*

                                                          Contact*

                                                          Get Instant Quote

                                                            What is the current name of your company?

                                                            What is the proposed name of the company?

                                                            Do you need assitance in opening a Current Account?

                                                            Organisation Name*

                                                            Our Packages

                                                            Name*

                                                            Email*

                                                            Contact*

                                                            Get Instant Quote

                                                              Which Type of Registration are you looking for?

                                                              What is the type of organisation you have?

                                                              What are the major activities conducted in your business?

                                                              Our Packages

                                                              Do you have GSTN?

                                                              Have you filed your ITR for PY?

                                                              Organisation Name*

                                                              Name*

                                                              Email*

                                                              Contact*

                                                              Get Instant Quote

                                                                What is the current name of your company?

                                                                What is the proposed name of the company?

                                                                Do you need assitance in opening a Current Account?

                                                                Organisation Name*

                                                                Our Packages

                                                                Name*

                                                                Email*

                                                                Contact*

                                                                Get Instant Quote



                                                                  Get Instant Quote

                                                                    Which of the following best describes you?

                                                                    What would you consider yourself to be one of the following?

                                                                    Our Packages

                                                                    What kind of entity do you have?

                                                                    Organisation Name

                                                                    Name*

                                                                    Email*

                                                                    Contact*

                                                                    Get Instant Quote

                                                                      Which of the following best describes you?

                                                                      What kind of entity do you have?

                                                                      What is the nature of your Business

                                                                      Our Packages*

                                                                      Why do you want GST registration?

                                                                      Do you need assitance in opening a Current Account?

                                                                      Name*

                                                                      Email*

                                                                      Contact*

                                                                      Get Instant Quote

                                                                        Which of the following best describes you?

                                                                        What kind of entity do you have?

                                                                        What is the nature of your Business

                                                                        Our Packages

                                                                        Why do you want GST registration?

                                                                        Do you need assistance in opening a Current Account?

                                                                        What's your organization Name ?

                                                                        Name*

                                                                        Email*

                                                                        Contact*