ITR Filing in Reasi 2025: Fees, Process, Benefits, Due Date
ITR Filing in Reasi for AY 2025-26? Get expert assistance from CA ADDA! Discover due dates, process, benefits, and transparent fees. File your Income Tax Return accurately and on time with Reasi's trusted CAs. Maximize refunds & avoid penalties.
ITR Filing in Reasi 2025: Your Complete Guide to Seamless Tax Compliance
Navigating Income Tax Return (ITR) filing in Reasi for Assessment Year 2025-26 can be complex. At CA ADDA, we simplify the process, ensuring you meet your tax obligations accurately and on time.
Get Expert Assistance Today!ITR Filing Due Date for AY 2025-26 (FY 2024-25)
Great news for taxpayers! The due date for filing Income Tax Returns for Assessment Year 2025-26 (Financial Year 2024-25) for non-audit cases has been **extended from July 31, 2025, to September 15, 2025.**
This extension provides an additional 45 days for a smoother filing experience. Don't miss this deadline!For cases requiring an audit, the due dates may differ. It's always advisable to consult with a professional to confirm your specific deadline.
Who Needs to File ITR in Reasi for AY 2025-26?
Income Above Exemption Limit
If your gross total income for FY 2024-25 exceeds the basic exemption limit (₹2.5 lakh under the old tax regime, ₹3 lakh under the new tax regime), ITR filing is mandatory.
Foreign Assets or Income
Individuals holding foreign assets or earning income from foreign sources are required to file ITR, irrespective of their income level.
High Bank Deposits
Deposited more than ₹50 lakh in a savings account or ₹1 crore in a current account during FY 2024-25? You need to file your ITR.
Significant Foreign Travel Expenses
Spent over ₹2 lakh on foreign travel? ITR filing is compulsory.
High TDS/TCS
If your Tax Deducted at Source (TDS) or Tax Collected at Source (TCS) exceeded ₹25,000 (₹50,000 for senior citizens) in FY 2024-25, you must file ITR.
High Electricity Consumption
Paid an electricity bill exceeding ₹1 lakh in a financial year? ITR filing is required.
Business Turnover/Professional Receipts
Businesses with a turnover over ₹60 lakh or professionals with receipts over ₹10 lakh in FY 2024-25 need to file ITR.
Director in a Company/Investment in Unlisted Equity
Being a director in a company or investing in unlisted equity shares also mandates ITR filing.
The ITR Filing Process for AY 2025-26
1. Gather Essential Documents
Before you begin, ensure you have all necessary documents ready:
- PAN Card & Aadhaar Card
- Form 16 (for salaried individuals)
- Form 26AS, Annual Information Statement (AIS), Taxpayer Information Summary (TIS)
- Bank statements and interest certificates
- Investment proofs for deductions (e.g., LIC, PPF, ELSS, Home Loan statements, Health Insurance premiums)
- Medical/Health insurance policy details (company name, policy number for 80D)
- Education loan details (lender, account, sanction date for 80E)
- Electric vehicle loan details (lender, account, sanction date, vehicle registration for 80EEB)
2. Choose the Right ITR Form
The Income Tax Department has notified various ITR forms (ITR-1 to ITR-7). Selecting the correct form based on your income sources and taxpayer category is crucial.
- ITR-1 (Sahaj): For resident individuals with income up to ₹50 lakh from salary, one house property, and other sources (interest).
- ITR-4 (Sugam): For individuals, HUFs, and firms (other than LLPs) with total income up to ₹50 lakh, opting for presumptive taxation scheme.
- Other Forms: ITR-2, ITR-3, ITR-5, ITR-6, ITR-7 cater to various other income types and taxpayer categories.
3. Online Filing via E-filing Portal
The most preferred method is online filing. Our experts at CA ADDA can guide you through each step or handle the entire process for you:
- Log in to the Income Tax e-filing website.
- Select "e-File" > "Income Tax Returns" > "File Income Tax Return".
- Choose Assessment Year "AY 2025-26" and "Online" mode.
- Select your filing status (Individual, HUF, etc.) and the appropriate ITR form.
- Specify the reason for filing (income above exemption limit, specific criteria met).
- Validate pre-filled information and carefully enter all income, deduction, and exemption details. Note the enhanced disclosure requirements for FY 2024-25, especially for deductions under the old tax regime (e.g., detailed breakup for 80C investments, HRA, 80D, 80E, 80EE/80EEA, 80EEB claims).
- Pay any balance tax due.
4. E-Verify Your Return
The final and crucial step is e-verification within 30 days of filing. Options include Aadhaar OTP, Net Banking, EVC through bank account/demat account, or sending a physical ITR-V to CPC, Bengaluru.
Feeling overwhelmed? Let CA ADDA handle your ITR filing with precision and ease!
Simplify My ITR Filing!Unlocking the Benefits of Timely ITR Filing
Loan & Visa Applications
ITR acknowledgements are often required as proof of income and financial stability when applying for loans (home, car, personal) or visas to foreign countries.
Carry Forward Losses
Only by filing your ITR can you carry forward business losses or capital losses to future years, allowing you to offset them against future profits and reduce your tax liability.
Claiming Refunds
If you've paid excess tax through TDS, TCS, or advance tax, filing your ITR is the only way to claim your rightful refund.
Avoiding Penalties
Late filing can attract penalties, interest, and even legal action. Timely filing ensures compliance and peace of mind.
Proof of Income & Tax Compliance
ITR is a crucial document serving as proof of your income and tax compliance, useful for various financial dealings and official purposes.
Build Financial Credibility
Regular ITR filing builds a strong financial history and creditworthiness, beneficial for future financial endeavors.
ITR Filing Fees in Reasi 2025 with CA ADDA
At CA ADDA, we believe in transparent and affordable pricing for our expert ITR filing services in Reasi. Our fees are structured to provide maximum value while ensuring accurate and timely compliance.
| Service Type | Applicability | Estimated Fees* | Key Features |
|---|---|---|---|
| Salaried Individuals (ITR-1) | Income from Salary, One House Property, Other Sources (interest), Income up to ₹50 Lakh. | Starting from ₹500 | Expert guidance, form selection, pre-filled data validation, deduction optimization. |
| Small Businesses/Professionals (ITR-4) | Presumptive Income (Sec 44AD, 44ADA, 44AE), Income up to ₹50 Lakh. | Starting from ₹1,500 | Comprehensive support for business income, expense recording, presumptive taxation compliance. |
| Capital Gains/Multiple Properties (ITR-2/3) | Income from Capital Gains, More than one House Property, Foreign Income, Director in a Company. | Starting from ₹2,500 | Complex income source handling, accurate capital gains calculation, foreign asset reporting. |
| Business Entities (ITR-5/6) | Partnership Firms, LLPs, Companies (excluding Section 11 exemption). | Custom Quote | Tailored solutions for complex business structures, in-depth financial analysis, audit support. |
| NRI ITR Filing | Non-Resident Indians with income taxable in India. | Starting from ₹3,000 | Specialized expertise in NRI taxation, DTAA implications, timely compliance. |
*The above fees are indicative and may vary based on the complexity of your financial situation, number of income sources, deductions claimed, and required professional consultation. Please contact us for a personalized quote.
Why Choose CA ADDA for ITR Filing in Reasi?
Experienced CAs
Our team of seasoned Chartered Accountants provides expert guidance and ensures 100% accuracy in your ITR filing.
Online & Hassle-Free
File your ITR from the comfort of your home or office. Our seamless online process makes tax compliance easy.
Maximise Savings
We help you identify all eligible deductions and exemptions to minimize your tax liability and maximize your refunds.
Timely & Compliant
We ensure your ITR is filed well before the due date, avoiding penalties and ensuring full compliance with tax laws.
Dedicated Support
Get personalized support and prompt answers to all your tax-related queries throughout the filing process.
Data Security
Your financial data is handled with the utmost confidentiality and security.
Ready to File Your ITR? Contact CA ADDA Today!
Don't let ITR filing stress you out. Our dedicated team is here to make your tax compliance journey smooth and efficient.
Call us at: +91-9560388947
Email us at: info@caadda.com
Or fill out our quick inquiry form below and we'll get back to you shortly.
