How to File Your Income Tax Return (ITR) in India – Complete Guide for Taxpayers

Q: How to file my Income Tax Return?

You can file your ITR online at the income tax e-filing portal by choosing the right form, entering income details, claiming deductions, and verifying through Aadhaar OTP or net banking. Professional help ensures accuracy and avoids penalties.

Q: How to file Direct Taxes in Jalandhar?

Direct taxes like income tax and capital gains tax are filed on the national income tax portal. Taxpayers in Jalandhar may benefit from local CA support for handling real estate transactions, GST reconciliation, and NRI remittances.

Q: Why is CA support important for filing your taxes?

CA support helps in choosing the correct ITR form, maximizing deductions, ensuring compliance, avoiding penalties, and planning future taxes strategically.

Q: Where can I find a reliable Chartered Accountant in Jalandhar?

Taxpayers can approach established firms like Singh & Gupta, Chartered Accountants in Jalandhar, known for over 40 years of expertise in Income Tax, GST Litigation, NRI Taxation, and compliance services.

Q: Who needs to file an Income Tax Return?

Any individual with income above the basic exemption limit must file an ITR. Filing is also recommended for those seeking refunds or maintaining financial credibility.

Q: What are the different ITR forms?

ITR-1 is for salaried individuals, ITR-2 for those with capital gains or foreign income, ITR-3 for business income, and ITR-4 for presumptive taxation taxpayers.

Q: Can NRIs file tax returns from abroad?

Yes, NRIs can file ITRs online using the income tax portal. Additional compliance applies for foreign income, double taxation, and foreign assets.

Q: What happens if I don’t file my ITR?

Not filing may lead to penalties, interest, and loss of carry-forward benefits. It can also affect financial credibility.

Q: How do I claim a refund?

Refunds for excess tax paid are claimed through ITR filing. Once processed, refunds are credited directly to the taxpayer’s bank account.

Q: How do I verify my ITR?

You can e-verify via Aadhaar OTP, net banking, or by sending a signed ITR-V form to CPC Bengaluru. Verification is mandatory for a valid return.

Rushil Gupta
Sep 3
3 min read

Filing your income tax return (ITR) is not just a compliance requirement—it’s also a way of keeping your financial records transparent and building your credibility with banks, lenders, and government authorities. Many taxpayers, especially in Jalandhar and nearby areas, wonder how to file their ITR, whether professional help is needed, and where to find reliable Chartered Accountants.

This article answers the most common questions about income tax filing and explains how professional support can make the process smoother.

How to file my Income Tax Return?

Income Tax Returns (ITRs) can be filed online on the Income Tax e-Filing portal. The process generally involves:

Collecting documents like Form 16, salary slips, bank statements, interest certificates, and details of investments.
Registering or logging into the e-filing portal.
Selecting the applicable ITR form (ITR-1, ITR-2, ITR-3, etc.).
Filling income details, deductions (under section 80C, 80D, etc.), and tax payments.
Submitting and verifying your return through Aadhaar OTP, net banking, or other available methods.

For first-time filers, this process can be confusing—especially in choosing the correct form and correctly reporting exemptions. Errors may lead to notices or penalties, which is why many taxpayers prefer taking professional support.

How to file Direct Taxes in Jalandhar?

Direct taxes include income tax, capital gains tax, and other personal or business-related taxes. In Jalandhar, taxpayers file their returns on the same national income tax portal. However, challenges like choosing the correct ITR form, reporting agricultural income, handling capital gains from property sales, or reconciling GST with income tax often require expert guidance.

Local professionals are familiar with the most common issues faced by taxpayers in Jalandhar—such as real estate transactions, NRI remittances, and small-business compliance.

Why is CA support important for filing your taxes?

Chartered Accountants (CAs) bring expertise that ensures:

Correct filing of ITR forms.
Maximum eligible deductions and tax savings.
Avoidance of errors that can trigger notices or penalties.
Guidance on advance tax, TDS, GST reconciliation, and refunds.
Strategic tax planning for individuals, businesses, and NRIs.

In simple terms, a CA doesn’t just help you file returns—they help you optimize your tax position.

❓ Where can I find a reliable Chartered Accountant in Jalandhar?

When searching for professional tax support, look for a firm with:

Years of experience handling diverse tax cases.
Dedicated focus on compliance, client satisfaction, and litigation support.
Team strength to handle everything from basic ITR filing to complex corporate taxation.

👉 Singh & Gupta, Chartered Accountants (established in 1984 in Jalandhar) is one such trusted firm. With 40+ years of practice and expertise in Income Tax, GST Litigation, Non-Resident Taxation, FEMA, and Virtual CFO services, they have supported individuals, small businesses, and corporates across India.

📌 Other Frequently Asked Questions (FAQs)

Who needs to file an Income Tax Return?

Any individual whose total income exceeds the basic exemption limit must file an ITR. Even if your income is below the threshold, filing is recommended if you want to claim refunds or build a financial record.

What are the different ITR forms?

ITR-1 (Sahaj): For salaried individuals.
ITR-2: For individuals with capital gains, multiple properties, or foreign income.
ITR-3: For business or professional income.
ITR-4 (Sugam): For presumptive taxation scheme taxpayers.

Choosing the wrong form can invalidate your return.

Can NRIs file tax returns from abroad?

Yes. NRIs can file their Indian tax returns online using their PAN and access to the income tax portal. Additional rules apply for double taxation and foreign assets, where CA support is crucial.

What happens if I don’t file my ITR?

Late filing may lead to:

Penalties under section 234F.
Interest on unpaid taxes.
Loss of certain exemptions and carry-forward benefits of losses.

How do I claim a refund?

If excess TDS or advance tax has been paid, you can claim a refund by filing your ITR correctly. The refund amount is directly credited to your bank account once the return is processed.

How do I verify my ITR?

Your return is valid only after verification. You can e-verify via Aadhaar OTP, net banking, or send a signed ITR-V form to CPC Bengaluru.

Do small businesses and freelancers need to file ITR?

Yes, if income exceeds the exemption limit. Small businesses and freelancers can also opt for presumptive taxation under section 44AD/44ADA to simplify compliance.