Income Tax Return (ITR) filing is mandatory in India for any individual or business whose total income exceeds the basic exemption limit — ₹3 lakh under the new tax regime and ₹2.5 lakh under the old regime. Even if your income is below the threshold, filing is highly recommended if you have foreign assets, want to claim a refund of TDS, plan to apply for a home loan or visa, or want to carry forward losses. Filing the wrong ITR form or missing the deadline triggers penalties of up to ₹5,000 plus 1% interest per month.
There are 7 ITR forms (ITR-1 to ITR-7) and choosing the right one matters. ITR-1 (Sahaj) is for salaried individuals with one house and income under ₹50 lakh. ITR-2 covers capital gains and multiple house properties. ITR-3 is for business and professional income. ITR-4 (Sugam) is for presumptive taxation under sections 44AD/ADA/AE. RegisterEase's CAs auto-select the right form based on your income sources — about 30% of self-filed returns use the wrong form and face notices later.
RegisterEase ITR filing is fully managed by a verified Chartered Accountant. We collect your Form 16, Form 16A, bank statements, capital gains statements, interest certificates and proof of deductions. Our CAs then optimise your tax under both old and new regimes, recommend the regime that saves you the most, file your ITR on the Income Tax portal, e-verify on your behalf, and track your refund until it hits your bank account. Average refund turnaround: 8–12 days.
The most under-claimed deductions in India: Section 80C (₹1.5 lakh — PPF, ELSS, life insurance, kids' tuition), Section 80D (medical insurance — up to ₹75K including parents), Section 80CCD(1B) (additional ₹50K NPS), HRA exemption (often miscalculated), Section 24 (home-loan interest up to ₹2L), and Section 80TTA/TTB (savings-account interest). Our CAs systematically check every one of these — our average client saves ₹18,000 more in tax than a self-filed return.
Filing deadlines in India: 31 July for individuals (without audit), 31 October for businesses requiring audit, 30 November for transfer-pricing cases. Belated returns can be filed up to 31 December with ₹5,000 late fee. RegisterEase sends reminders 30 / 15 / 7 / 3 days before the deadline and starts your filing in our queue automatically based on document availability. We have a zero-default record on 84,000+ ITRs filed since 2020.