Income tax filing in Gurugram, done with matching first
Most income tax notices for individuals start with a simple mismatch. Interest that the bank reported but you forgot. A share sale shown in the AIS but not in the return. TDS claimed by a tenant’s or employer’s PAN that does not match. We match before we file, so the return reflects what the department already knows.
We file returns for salaried employees in Gurugram’s corporate offices, professionals, shop owners, traders, online sellers, partnership firms, LLPs and companies, as well as NRIs with income in India.
Which ITR form applies to you
| Form | Who generally files it |
|---|---|
| ITR-1 (Sahaj) | Resident individuals with total income up to Rs 50 lakh from salary or pension, one house property, interest and other sources, and small long-term gains on listed shares within the limit allowed in the form |
| ITR-2 | Individuals and HUFs without business income, for example with capital gains above the ITR-1 limit, more than one house property, foreign assets or income above Rs 50 lakh |
| ITR-3 | Individuals and HUFs with business or professional income, including partners receiving salary or interest from a firm |
| ITR-4 (Sugam) | Resident individuals, HUFs and firms (other than LLPs) opting for presumptive income under Sections 44AD, 44ADA or 44AE, within the income limit |
| ITR-5 | Partnership firms, LLPs, AOPs, BOIs and certain other entities |
| ITR-6 | Companies other than those claiming exemption as charitable or religious institutions |
| ITR-7 | Trusts, political parties, institutions and others required to file under the specific provisions for them |
New regime or old regime for FY 2025-26
The new regime under Section 115BAC is the default. It has lower rates but allows very few deductions. The old regime allows deductions such as 80C, 80D, HRA and home loan interest on a self-occupied house.
| Income slab (new regime) | Rate |
|---|---|
| Up to Rs 4 lakh | Nil |
| Rs 4 lakh to Rs 8 lakh | 5% |
| Rs 8 lakh to Rs 12 lakh | 10% |
| Rs 12 lakh to Rs 16 lakh | 15% |
| Rs 16 lakh to Rs 20 lakh | 20% |
| Rs 20 lakh to Rs 24 lakh | 25% |
| Above Rs 24 lakh | 30% |
| Point | New regime | Old regime |
|---|---|---|
| Standard deduction for salary | Rs 75,000 | Rs 50,000 |
| Section 87A rebate (resident individuals) | Up to Rs 60,000, for total income up to Rs 12 lakh | Up to Rs 12,500, for total income up to Rs 5 lakh |
| Basic exemption (below 60 years) | Rs 4 lakh | Rs 2.5 lakh |
| Deductions like 80C, 80D, HRA | Mostly not allowed | Allowed |
| Employer NPS contribution, 80CCD(2) | Allowed | Allowed |
Health and education cess at 4% and any surcharge apply on top. Marginal relief is available to those just above Rs 12 lakh under the new regime. For many salaried people in Gurgaon the new regime now works out lower, but those with large HRA, home loan interest and full 80C and 80D claims should compare. We give you both figures before filing.
AY 2026-27 due dates
| Category | Due date |
|---|---|
| ITR-1 and ITR-2 (no audit) | 31 July 2026 |
| ITR-3 and ITR-4 and other non-audit cases with business or professional income | 31 August 2026 |
| Tax audit report | Extended by CBDT to 21 October 2026 |
| Returns of taxpayers whose accounts must be audited | Extended by CBDT to 21 November 2026 |
| Taxpayers with transfer pricing reports | 30 November 2026 |
| Belated return | 31 December 2026 |
| Revised return | Up to 31 March 2027; a fee applies if filed after 31 December 2026 |
If your due date has passed, a belated return is still possible until 31 December 2026, with a late fee under Section 234F and interest under Section 234A on any unpaid tax.
Form 26AS, AIS and TIS matching
Before filing, we download and compare three statements from the e-filing portal:
- Form 26AS: TDS, TCS and tax payments against your PAN.
- AIS (Annual Information Statement): a wider list including interest, dividends, securities and mutual fund transactions, property purchases, rent and foreign remittances.
- TIS (Taxpayer Information Summary): a category-wise summary of the AIS, which the department uses to prefill your return.
Any entry that is wrong or duplicated is reported through AIS feedback. Any genuine income that is missing from your documents is added to the return.
Belated, revised and updated returns
- Belated return: filed after the due date but by 31 December of the assessment year. Late fee and interest apply, and business or capital losses generally cannot be carried forward.
- Revised return: corrects an error in a return already filed. For AY 2026-27, the window runs to 31 March 2027, with a fee for revisions after 31 December 2026.
- Updated return (ITR-U): for income missed earlier, within 48 months from the end of the assessment year, by paying tax, interest and additional tax of 25% to 70% depending on the delay. It is not available in some situations, for example where it would reduce tax or increase a refund.
Capital gains and presumptive taxation
Capital gains. From 23 July 2024, short-term gains on listed equity shares and equity mutual funds are taxed at 20%, and long-term gains at 12.5% above an annual exemption of Rs 1.25 lakh. Long-term gains on most other assets are taxed at 12.5% without indexation, with an option for resident individuals and HUFs to use the earlier 20% with indexation for land or buildings bought before that date. Property sales, which are common in Gurugram, also involve exemptions under Sections 54 and 54F and the capital gains account scheme. We work out the gain and the best exemption.
Presumptive taxation. Small businesses and professionals can declare income on a presumptive basis and avoid detailed books and audit.
| Section | Who | Turnover or receipts limit | Presumed income |
|---|---|---|---|
| 44AD | Resident individuals, HUFs and firms (not LLPs) in eligible business | Rs 2 crore; Rs 3 crore if cash receipts do not exceed 5% | 8% of turnover; 6% for receipts by banking channels or digital modes |
| 44ADA | Resident professionals such as doctors, lawyers, architects, consultants | Rs 50 lakh; Rs 75 lakh if cash receipts do not exceed 5% | 50% of gross receipts |
The new Income-tax Act, 2025
The Income-tax Act, 2025 replaced the Income-tax Act, 1961 from 1 April 2026. It uses the term “tax year” in place of “previous year” and “assessment year”, and renumbers most sections. For returns being filed now, for FY 2025-26 (AY 2026-27), the 1961 Act continues to apply, along with the existing ITR forms. The new Act will govern income earned from 1 April 2026, that is, tax year 2026-27 onwards. We keep track of the changes so you do not have to.
Our packages and process
| Package | Suitable for | Fee from |
|---|---|---|
| Salaried | Salary, house property, interest, simple capital gains | Rs 999 |
| Business | Business or professional income, presumptive or with books | Rs 2,999 |
Complex cases, such as large capital gains, foreign income or audit cases, are quoted after seeing the documents. Full details are on our pricing page.
- Share your documents on WhatsApp.
- We match them with Form 26AS and AIS and prepare a computation.
- You approve the computation and regime choice.
- We file the return and help you e-verify it.
- We track processing and the refund, and handle any income tax notice that follows.
If you have employees or pay contractors, our TDS compliance service keeps your TDS credits clean for your payees too. Contact us to start.
Frequently asked questions
Which ITR form should I file?
It depends on your income sources and status. Most salaried people with one house property file ITR-1 or ITR-2. Business or professional income needs ITR-3, or ITR-4 if you opt for presumptive taxation. Firms and LLPs file ITR-5 and companies file ITR-6. We confirm the form after seeing your documents, because filing the wrong form can lead to a defective return notice.
Is the new tax regime compulsory?
The new regime is the default for individuals, but it is not compulsory. A salaried person without business income can choose the old regime in the return each year. A person with business or professional income can switch out of the new regime by filing Form 10-IEA by the due date, but can come back only once. We compare both before filing.
I earn Rs 12 lakh. Will I pay any tax?
For FY 2025-26, a resident individual under the new regime with total income up to Rs 12 lakh gets a rebate under Section 87A that brings normal tax to nil. Salaried individuals also get a standard deduction of Rs 75,000, so salary up to Rs 12.75 lakh can result in nil tax. The rebate does not cover tax on income taxed at special rates, such as certain capital gains.
I missed the due date. Can I still file?
Yes. For AY 2026-27, a belated return can be filed up to 31 December 2026 with a late fee of Rs 5,000, reduced to Rs 1,000 where total income does not exceed Rs 5 lakh. Interest on unpaid tax also applies, and some losses cannot be carried forward from a belated return.
What is an updated return (ITR-U)?
An updated return lets you report income you missed earlier, by paying the tax, interest and an additional tax that increases with the delay. It can be filed within 48 months from the end of the relevant assessment year, subject to conditions. It cannot be used to claim a refund or increase a loss.
My AIS shows income I did not earn. What should I do?
Submit feedback on the AIS on the e-filing portal, explaining that the entry is wrong, duplicated or belongs to someone else. Keep the evidence with you. We review the AIS line by line and give feedback before filing so the return and the AIS do not conflict.
When will I get my income tax refund?
The refund is issued after the return is verified and processed by CPC. Many simple returns are processed within a few weeks, but delays happen where there is a mismatch or the bank account is not pre-validated. Check that your bank account is pre-validated and linked to PAN on the portal.
Gurgaon mein office aana zaroori hai kya ITR ke liye?
Nahi. Most clients send documents on WhatsApp or email and we file online. You only need to verify the return by Aadhaar OTP or net banking once it is filed. You are welcome to visit our office in Gurugram if you prefer to sit with us.
Does the new Income-tax Act, 2025 change my return for FY 2025-26?
No. The Income-tax Act, 2025 came into force on 1 April 2026, but income of FY 2025-26 (AY 2026-27) and its return, processing and assessment continue under the Income-tax Act, 1961. The new Act applies from tax year 2026-27 onwards.
What documents do I need for a salaried ITR?
PAN and Aadhaar, Form 16, bank statements or interest certificates, details of deductions if you choose the old regime, home loan certificate if any, and capital gains statements from your broker or mutual fund. We send a checklist on WhatsApp after a short call.