Professional ITR Filing in Maharajganj: Fees, Process, Benefits | 2025 Due Date
Expert Professional ITR Filing in Maharajganj for AY 2025-26. CA ADDA offers seamless tax filing for doctors, lawyers, CAs & more. Get transparent fees, simplified process, and maximize your savings. Includes 2025 due dates & audit guidance.
Professional ITR Filing in Maharajganj: Master Your Taxes for AY 2025-26
As a busy professional in Maharajganj, your time is valuable. Don't let complex Income Tax Return (ITR) filing processes for Assessment Year 2025-26 (FY 2024-25) consume it. At CA ADDA, we provide seamless, expert ITR filing services tailored specifically for professionals like you.
Get Professional ITR Help Now!Key Due Dates for Professional ITR Filing (AY 2025-26)
For professionals, the primary ITR filing due date for Assessment Year 2025-26 (Financial Year 2024-25) is **July 31, 2025**. However, due to recent extensive changes in ITR forms and system readiness, the CBDT has extended the due date for non-audit cases to **September 15, 2025**.
This extension applies to individuals and HUFs whose accounts are *not* required to be audited. If your professional income necessitates an audit, your due date is typically **October 31, 2025**.It's crucial to confirm your specific audit requirements and adhere to the correct deadline to avoid penalties and interest under Sections 234A, 234B, and 234F of the Income Tax Act.
Who Qualifies as a Professional for ITR Filing?
If you're engaged in any of the following professions and earn income from it, you're considered a professional under the Income Tax Act and require specialized ITR filing:
Medical Professionals
Doctors, Surgeons, Dentists, Physiotherapists, etc.
Legal Professionals
Lawyers, Advocates, Solicitors.
Financial Professionals
Chartered Accountants, Company Secretaries, Cost Accountants.
Technical Consultants
Engineers, Architects, Interior Designers, Technical Consultants.
Artists & Performers
Actors, Musicians, Artists, Sports persons.
Freelancers & Consultants
IT Consultants, Marketing Consultants, Management Consultants, Writers, Editors.
If your gross professional receipts for FY 2024-25 exceed ₹10 lakh, ITR filing is mandatory. Furthermore, if your gross receipts exceed ₹50 lakh, a tax audit is required.
Simplified Professional ITR Filing Process for AY 2025-26
Filing ITR as a professional involves specific considerations. Our streamlined process at CA ADDA makes it effortless:
1. Document Collection (Crucial for Professionals)
Beyond standard documents (PAN, Aadhaar, Bank Statements), professionals need:
- Books of Accounts (Income & Expense Ledger, Cash Book)
- Receipts for professional expenses (office rent, utilities, staff salaries, depreciation on assets, professional subscriptions, travel, stationery, etc.)
- TDS Certificates (Form 16A from clients)
- Details of Advance Tax and Self-Assessment Tax paid
- Capital asset details (if any) and their depreciation
- Details of any other income (salary, house property, capital gains, etc.)
- Investment proofs for tax-saving deductions (Section 80C, 80D, etc.)
2. Selecting the Correct ITR Form (ITR-3 or ITR-4)
For professionals, the choice typically narrows down to:
- ITR-4 (Sugam): Ideal for professionals opting for the **Presumptive Taxation Scheme under Section 44ADA**. If your gross receipts from eligible professions (legal, medical, engineering, architectural, accountancy, technical consultancy, interior decoration, film artists) do not exceed ₹50 lakh, you can declare 50% of your gross receipts as your taxable income. This simplifies compliance significantly.
- ITR-3: Applicable if you **do not opt for presumptive taxation** (i.e., your gross receipts exceed ₹50 lakh, or you wish to claim actual expenses, or your profession is not covered under 44ADA). This form requires detailed Profit & Loss Account and Balance Sheet.
3. Income & Expense Calculation and Tax Audit (if applicable)
Accurately calculating your professional income, accounting for eligible expenses, and determining your tax liability is paramount. If your professional gross receipts exceed ₹50 lakh, a **tax audit** under Section 44AB by a practicing Chartered Accountant is mandatory, necessitating detailed books of accounts.
4. Online Filing & E-Verification
We prepare and file your ITR accurately on the Income Tax e-filing portal. Post-submission, e-verification (via Aadhaar OTP, Net Banking, etc.) is completed to finalize the process. We ensure you receive your ITR-V acknowledgment.
Let CA ADDA streamline your professional ITR filing, allowing you to focus on your practice!
Ensure Compliant Filing!Benefits of Professional ITR Filing with CA ADDA
Maximize Tax Savings
We identify all eligible professional expenses and deductions to minimize your taxable income and help you save more.
Avoid Penalties & Notices
Timely and accurate filing prevents late fees, interest charges, and unwelcome notices from the Income Tax Department.
Proof of Income for Loans
Your ITR serves as verifiable proof of income and financial stability, essential for securing business loans, personal loans, or home loans.
Smoother Visa Applications
Foreign consulates often require ITRs for visa applications, demonstrating your financial standing and intent to return.
Carry Forward Losses
File on time to carry forward professional losses and offset them against future profits, reducing your tax burden in subsequent years.
Enhanced Credibility
Regular ITR filing builds strong financial credibility, crucial for professional opportunities, tenders, and contracts.
Professional ITR Filing Fees in Maharajganj (AY 2025-26)
At CA ADDA, we offer competitive and transparent pricing for our professional ITR filing services in Maharajganj. Our fees are designed to provide comprehensive support without hidden costs.
| Service Type | Applicability | Starting Fees* | Key Inclusions |
|---|---|---|---|
| Presumptive Taxation (ITR-4) | Professionals with gross receipts up to ₹50 Lakh, opting for Sec 44ADA. | ₹1,500 | Income & expense summary, ITR-4 preparation & filing, basic consultation. |
| Detailed ITR Filing (ITR-3) | Professionals not opting for presumptive taxation, or gross receipts exceeding ₹50 Lakh. | ₹2,500 | Detailed P&L and Balance Sheet preparation, ITR-3 filing, deduction optimization. |
| Tax Audit Services | Mandatory for professionals with gross receipts exceeding ₹50 Lakh. | Custom Quote | Thorough audit of books of accounts, audit report submission (Form 3CD). |
| NRI Professional ITR | Non-Resident Indian professionals with income taxable in India. | ₹3,000 | Specialized NRI tax consultation, DTAA analysis, compliant filing. |
| Notice Handling & Advisory | Assistance with income tax notices and queries. | Starting from ₹1,000 | Expert advice, response drafting, representation support. |
*The fees mentioned are indicative and may vary based on the volume of transactions, complexity of income sources, additional services required (e.g., balance sheet preparation from scratch), and audit requirements. We recommend a personalized consultation for an accurate quote.
Why Professionals Trust CA ADDA in Maharajganj?
Specialized Expertise
Deep understanding of tax laws applicable to various professions, ensuring optimal tax planning.
Dedicated CA Support
You get a dedicated Chartered Accountant guiding you through every step, answering all your professional tax queries.
Time-Saving & Efficient
We handle the complexities, freeing up your valuable time to focus on your core professional practice.
Compliance Assurance
Rest assured your filing is 100% compliant with the latest tax regulations and notifications.
Value for Money
Premium service at competitive rates, ensuring you get the best return on your investment in tax compliance.
Year-Round Support
Our support extends beyond filing, assisting you with queries and planning throughout the year.
Partner with CA ADDA for Your Professional ITR Needs!
Take the smart step towards effortless tax compliance. Contact us today for personalized professional ITR filing services in Maharajganj.
Call us at: +91-9560388947
Email us at: info@caadda.com
Or simply fill out the form below, and our team will connect with you promptly.
