Income Tax Filing Made Easy with Global Taxman

Filing Income Tax Returns (ITR) is an essential responsibility for every taxpayer, ensuring compliance with India's tax regulations. At Global Taxman, we simplify the process, helping you file your returns accurately, on time, and with ease.

Why File Your ITR?

• Compliance: Stay in line with the Income Tax Act to avoid penalties.
• Financial Benefits: Claim deductions, carry forward losses, and secure faster loan approvals.
• Legal Documentation: Use your ITR as valid proof for income and identity verification.
• Refunds: Claim excess TDS or advance tax paid directly through timely filing.

Who Needs to File an Income Tax Return?

Filing ITR applies to:

• Salaried Individuals: If your annual income exceeds the basic exemption limit.
• Businesses and Firms: All entities, including LLPs and partnerships, must file regardless of profit/loss.
• Directors and Partners: Individuals involved in corporate entities.
• NRIs and Professionals: Income sourced from India above the exemption limit requires filing.

Benefits of Filing with Global Taxman

• Expert Assistance: Our tax professionals guide you through every step, from document collection to submission.
• Timely Filing: Avoid last-minute hassles and penalties with our efficient services.
• Hassle-Free Process: We ensure accuracy, transparency, and security throughout.

Eligibility & Exemptions

• Income Thresholds: Filing is mandatory if income exceeds:
  • ₹2.5 lakh for individuals below 60 years.
  • ₹3 lakh for senior citizens (60–80 years).
  • ₹5 lakh for super senior citizens (above 80 years).
• High-Value Transactions: Spending over ₹2 lakh on foreign travel or having significant bank deposits also necessitates filing.

Documents Required for Filing

Ensure you have:

• PAN & Aadhaar (linked).
• Bank details.
• Form 16 (TDS on salary).
• Interest certificates.
• Proof of tax-saving investments.

Important Dates for AY 2024-25

• Individual Filers: July 31, 2024
• Tax Audit Cases: October 31, 2024
• Revised/Belated Returns: December 31, 2024

Choose Global Taxman for Seamless Tax Filing

At Global Taxman, we’re committed to offering you a smooth and stress-free tax filing experience. Let us handle your taxes while you focus on what truly matters to you.