Lexvora Filings
ITR Filing
Accurate and timely Income Tax Return filing for individuals, businesses, companies, and LLPs by expert CAs.
2–5 working days
100% Online Process
Transparent Pricing
About ITR Filing
Income Tax Return (ITR) filing is the process of reporting your income, deductions, and tax liability to the Income Tax Department of India. It is mandatory for individuals with income above the basic exemption limit, all companies and LLPs (regardless of profit or loss), and businesses with turnover above specified thresholds. Filing ITR on time not only ensures compliance but also enables you to claim refunds, carry forward losses, and maintain a clean financial record for loans and visa applications. Lexvora Filings provides expert CA-assisted ITR filing for all categories of taxpayers — ensuring accuracy, maximum deductions, and timely submission.
Key Benefits
Avoid penalties of ₹5,000–₹10,000 for late filing
Claim income tax refunds on excess TDS deducted
Carry forward business losses to offset future profits
ITR acknowledgement required for visa applications
Proof of income for home loans, car loans, and credit cards
Mandatory for companies and LLPs regardless of profit/loss
Enables claiming deductions under 80C, 80D, HRA, and more
Builds financial credibility and compliance track record
Documents Required
- PAN Card and Aadhaar Card of the taxpayer
- Form 16 (for salaried individuals) — issued by employer
- Form 26AS / AIS / TIS — Tax Credit Statement from Income Tax portal
- Bank account statements for all accounts
- Investment proofs (LIC, PPF, ELSS, NSC, etc.) for 80C deductions
- Home loan interest certificate (for 80C and 24(b) deductions)
- Rent receipts and landlord PAN (for HRA exemption)
- Business income details — P&L statement, balance sheet (for business ITR)
- Capital gains statements from broker / mutual fund house
- Foreign income / asset details (if applicable)
Registration Process
1
Document Collection & Review
We collect all your income documents, Form 16, Form 26AS, investment proofs, and other relevant details for the financial year.
2
Income Computation & Tax Calculation
Our CA computes your total income from all sources, applies eligible deductions and exemptions, and calculates your final tax liability or refund amount.
3
ITR Form Selection
We select the correct ITR form (ITR-1 to ITR-7) based on your income sources, business type, and taxpayer category.
4
Return Preparation & Review
We prepare the complete ITR, share it with you for review, and incorporate any corrections before filing.
5
Filing & Acknowledgement
We file the ITR on the Income Tax portal and share the ITR-V acknowledgement. E-verification is completed via Aadhaar OTP or net banking.
Pricing
Salaried Individual (ITR-1/ITR-2)
₹999
Salary + house property + capital gains
Business / Profession (ITR-3/ITR-4)
₹1,999
Business income, presumptive taxation
Company / LLP (ITR-6/ITR-5)
₹4,999+
Audit cases, contact for exact quote
Revised / Belated Return
₹1,499
For corrections or late filing
* Government fees are additional. Contact us for exact pricing.
Frequently Asked Questions
What is the due date for ITR filing?+
For individuals and non-audit cases, the due date is July 31 of the assessment year. For businesses requiring audit, it is October 31. Companies and LLPs have a due date of October 31 (or November 30 for transfer pricing cases). Late filing attracts penalties up to ₹10,000.
Is ITR filing mandatory even if I have no tax liability?+
Yes, ITR filing is mandatory for companies and LLPs regardless of profit or loss. For individuals, it is mandatory if income exceeds the basic exemption limit (₹2.5 lakhs for below 60 years, ₹3 lakhs for senior citizens). Voluntary filing is recommended even below the threshold for financial record purposes.
What is the penalty for not filing ITR?+
Late filing fee under Section 234F is ₹5,000 (if filed after due date but before December 31) or ₹10,000 (if filed after December 31). For income below ₹5 lakhs, the maximum penalty is ₹1,000. Additionally, interest under Section 234A applies on unpaid tax.
Can I file ITR for previous years?+
You can file a belated return for the current assessment year up to December 31. For earlier years, you can file an updated return (ITR-U) within 2 years from the end of the relevant assessment year, subject to additional tax payment.
What is Form 26AS and why is it important?+
Form 26AS is your annual tax credit statement that shows all TDS deducted by employers, banks, and others, advance tax paid, and self-assessment tax paid. It is essential for accurate ITR filing and claiming TDS refunds. Discrepancies between Form 26AS and your ITR can trigger notices from the Income Tax Department.
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