Income tax return (ITR) filing services.
Probic supports individuals and businesses with ITR filing in India, from preparing documents to submitting income tax returns.
What is ITR Filing?
Income Tax Return filing is the process of reporting income earned during a financial year to the Income Tax Department.
Individuals, HUFs, companies, firms, and other entities may need to file annually if income exceeds the applicable threshold.
Why it matters
Filing your ITR is legal compliance and also supports refunds, loans, and clean financial records.
Legal Obligation
Filing ITR is mandatory for eligible taxpayers under the Income Tax Act.
Claim Refunds
Overpaid taxes can be reclaimed by filing an accurate return.
Avoid Penalties
Late or incorrect filing attracts penalties and legal consequences.
ITR Form Types
Pick the right form for your income profile.
| FORM | APPLICABLE TO | KEY CONDITION |
|---|---|---|
| ITR-1 (Sahaj) | Resident individuals with income up to Rs. 50L from salary, one house property, and other sources | Not for directors or unlisted shareholders |
| ITR-2 | Individuals and HUFs not having income from business or profession | Capital gains and foreign assets allowed |
| ITR-3 | Individuals and HUFs having income from business or profession | Includes partner of a firm |
| ITR-4 (Sugam) | Resident individuals, HUFs, and firms opting for presumptive income | Total income up to Rs. 50L |
| ITR-5 | LLPs, AOPs, BOIs, and firms | Excludes individuals, HUFs, companies, and trusts |
| ITR-6 | Companies other than those claiming exemption under section 11 | Filed electronically with digital signature |
| ITR-7 | Persons required to furnish return under sections 139(4A), 139(4B), 139(4C), or 139(4D) | Trusts, political parties, and research bodies |
Also see related: TDS Return.
Let Probic handle your ITR filing
Accurate, timely, and fully compliant filing for individuals, businesses, and everyone in between.
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