Complete ITR filing for Salaried, Business, Professionals, Traders, NRI, Capital Gains & more — with full compliance, accuracy & refund support.
Income Tax Return (ITR) is a legal document submitted to the Income Tax Department every year declaring your income, tax paid, deductions claimed, investments made, and refund eligibility. Filing ITR is mandatory for individuals and businesses meeting certain income criteria. Even if your income is below taxable limits, filing ITR provides financial, legal, and compliance benefits.
Updated timelines as per Budget 2026, applicable for all individuals, businesses, professionals & companies.
| Category | ITR Forms | Due Date | Description |
|---|---|---|---|
| Salaried, Pensioners, Investors (No Business Income) | ITR‑1 / ITR‑2 | 31 July 2026 | Applies to most individuals without business income. |
| Business / Profession (No Tax Audit Required) | ITR‑3 / ITR‑4 | 31 August 2026 | New timeline introduced in Budget 2026. Includes freelancers, professionals, intraday/F&O traders (if audit not required). |
| Tax Audit Cases (Section 44AB) | ITR‑3 / ITR‑5 / ITR‑6 | 31 October 2026 | For businesses/professions crossing audit thresholds. |
| Transfer Pricing Cases (Section 92E) | ITR‑3 / ITR‑6 | 30 November 2026 | For entities required to file Form 3CEB. |
| Tax Audit Report Submission | Form 3CA / 3CB / 3CD | 30 September 2026 | Audit report must be uploaded before filing audited ITR. |
| Belated Return | All ITR Forms | 31 December 2026 | Late fee under Section 234F applies. |
| Revised Return | All ITR Forms | 31 March 2027 | Extended window under Budget 2026 for correcting mistakes. |
| Updated Return (ITR‑U) | ITR‑U | Up to 5 years — 31 March 2031 | For additional income disclosure with extra tax & penalty. |
Choose the best tax regime based on your income & deductions.
| Particulars | Old Tax Regime | New Tax Regime |
|---|---|---|
| Standard Deduction | ₹50,000 | ₹50,000 |
| 80C (PF, LIC, ELSS) | Available | Not Available |
| 80D (Medical Insurance) | Available | Not Available |
| HRA | Available | Not Available |
| Home Loan Interest | Available | Not Available |
| Tax Slabs | Higher | Lower |
| Best For | People with high deductions | People with low/no deductions |
Updated tax slabs for individuals below 60 years as per Budget 2026.
• Standard Deduction: ₹75,000
• Section 87A Rebate: Taxable income up to ₹12,00,000 = ZERO tax
• These slabs apply to all individuals unless they opt for the old regime.
| Income Range | Tax Rate |
|---|---|
| Up to ₹4,00,000 | 0% |
| ₹4,00,001 – ₹8,00,000 | 5% |
| ₹8,00,001 – ₹12,00,000 | 10% |
| ₹12,00,001 – ₹16,00,000 | 15% |
| ₹16,00,001 – ₹20,00,000 | 20% |
| ₹20,00,001 – ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
• Standard Deduction: ₹50,000
• All deductions allowed: 80C, 80D, HRA, Home Loan, 80G, etc.
• Best for individuals with high deductions.
| Income Range | Tax Rate |
|---|---|
| Up to ₹2,50,000 | 0% |
| ₹2,50,001 – ₹5,00,000 | 5% |
| ₹5,00,001 – ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
Important: Under the New Tax Regime, taxable income up to ₹12,00,000 becomes tax‑free due to the enhanced rebate under Section 87A.
The New Tax Regime offers lower tax rates and a higher rebate, making taxable income up to ₹12,00,000 completely tax‑free. Below is the updated comparison using the latest slabs.
| Annual Income | Tax Under Old Regime | Tax Under New Regime | You Save |
|---|---|---|---|
| ₹7,00,000 | ₹32,500 (after rebate) | ₹0 (full rebate) | ₹32,500 |
| ₹10,00,000 | ₹75,000 (after deductions) | ₹0 (full rebate) | ₹75,000 |
| ₹12,00,000 | ₹1,30,000 (with 80C + HRA) | ₹0 (full rebate) | ₹1,30,000 |
| ₹15,00,000 | ₹1,95,000 (with deductions) | ₹1,50,000 | ₹45,000 |
| ₹20,00,000 | ₹3,45,000 (with deductions) | ₹3,00,000 | ₹45,000 |
Note: Under FY 2025‑26 rules, the New Tax Regime is always cheaper for income up to ₹12,00,000 due to the enhanced rebate and ₹75,000 standard deduction.
Examples calculated using the latest New Tax Regime slabs, ₹75,000 standard deduction, and Section 87A rebate (taxable income up to ₹12,00,000 = NIL tax).
Income: ₹12,00,000
Standard Deduction: ₹75,000
Taxable Income (New Regime): ₹11,25,000
New Regime Tax: ₹0 (Full rebate)
Old Regime Tax: ₹1,62,500
You Save: ₹1,62,500
Income: ₹12,00,000
Deductions: ₹1,50,000 (80C + 80D)
Taxable Income (Old Regime): ₹10,50,000
Old Regime Tax: ₹1,30,000
New Regime Tax: ₹0 (Full rebate)
You Save: ₹1,30,000
Income: ₹12,00,000
Deductions: ₹3,00,000 (HRA + 80C + Home Loan)
Taxable Income (Old Regime): ₹9,00,000
Old Regime Tax: ₹82,500
New Regime Tax: ₹0 (Full rebate)
You Save: ₹82,500
Conclusion: Under FY 2025‑26 rules, the New Tax Regime is always cheaper for income up to ₹12,00,000 — even if you claim high deductions under the Old Regime.
Major deductions to reduce taxable income.
PF, LIC, ELSS, PPF, NSC — up to ₹1,50,000.
Medical insurance — up to ₹25,000 / ₹50,000.
Donations to charities.
House rent exemption.
Up to ₹2,00,000 under Section 24(b).
Interest deduction under Section 80E.
Tax on sale of property, shares, mutual funds & gold.
• Shares/MFs sold within 12 months → 15% tax
• Property sold within 24/36 months → normal slab rate
• No indexation benefit
• STT must be paid for equity STCG rate
• Shares/MFs sold after 12 months → 10% tax above ₹1 lakh
• Property sold after 24/36 months → 20% with indexation
• Indexation reduces taxable gain significantly
• Exemptions available under Sections 54, 54EC, 54F
• Section 54 → Buy new residential property
• Section 54EC → Invest in NHAI/REC bonds
• Section 54F → Sell any asset & buy residential property
• Section 112A → Equity LTCG rules
• Section 111A → Equity STCG rules
• Broker statement
• Contract notes
• Property sale deed
• Purchase deed
• Cost of improvement bills
• Indexation calculation sheet
To provide accurate tax planning, correct ITR filing, and personalized financial guidance, NextGen Technology follows a structured and transparent process. Once you share your details, our tax experts prepare a complete tax summary, refund analysis, and compliance checklist tailored to your income type.
Provide your name, PAN, Aadhaar, mobile number, email, and residential status. This helps us identify the correct ITR form and compliance category.
You can send your documents via WhatsApp, email, or secure upload link.
Accepted formats: PDF, JPG, PNG, Excel, ZIP.
Required Documents:
• Form 16 / Salary Slip
• Bank Statements
• AIS / TIS / 26AS
• Investment Proofs (80C, 80D, etc.)
• Capital Gains Statements
• Business Books / Ledger / GST Data
• Rent Receipts / Home Loan Statements
Our team verifies your documents, identifies missing information, checks AIS/TIS mismatches, and prepares a draft tax computation. We also evaluate whether the Old Regime or New Regime gives you maximum savings.
You receive a detailed tax summary including:
• Total taxable income
• Deductions available
• Regime comparison
• Refund eligibility
• Advance tax status
• Suggestions to reduce next year’s tax
After your approval, we file your ITR and share:
• ITR Acknowledgement
• JSON File
• Final Tax Computation
• Refund tracking instructions
We assist with:
• Refund delays
• AIS/TIS mismatch correction
• ITR rectification
• Notice reply (143(1), 139(9), 154, etc.)
• Updated Return (ITR‑U) filing
Once your documents are received, a dedicated NextGen team will prepare your personalized tax summary, including regime comparison, refund calculation, and compliance status. You will receive a call or WhatsApp message within 30–60 minutes for confirmation.
You get a personal tax advisor for all queries, filing, and compliance support.
Your documents are handled with confidentiality and stored securely.
Most ITRs are filed within 24 hours after document submission.
Before filing your Income Tax Return, ensure the following checklist is completed for smooth and error‑free filing.
PAN must be active and Aadhaar must be linked. Mismatch may delay refund.
Ensure income reported in AIS/TIS matches your actual income. Any mismatch must be corrected.
Salary, business income, interest income, rental income, capital gains, foreign income.
Check TDS, TCS, advance tax, and self‑assessment tax details.
80C, 80D, 80G, HRA, home loan interest, education loan, NPS, etc.
Compare Old vs New regime for maximum tax savings.
Refund will be credited only to a validated bank account.
Verify equity, mutual fund, property, gold, and F&O gains.
Submit the following documents based on your income type for accurate ITR filing.
• Form 16
• Salary slips
• Bank statements
• Investment proofs (80C, 80D, etc.)
• Rent receipts (HRA)
• Home loan interest certificate
• Balance sheet & P&L
• Ledger & cash book
• GST returns
• Bank statements
• Expense bills
• Loan statements
• Broker statements
• Contract notes
• Property sale deed
• Purchase deed
• Cost of improvement bills
• Indexation sheet
• Rent agreement
• Rent receipts
• Property tax receipts
• Municipal valuation
• Foreign salary slips
• Foreign tax credit statement
• Bank statements
• Investment proofs
• Passport travel details
• Interest certificates
• Dividend statements
• Gift details
• Lottery/winnings proof
Affordable and transparent pricing for individuals, professionals, traders & businesses.
| Category | Includes | Price |
|---|---|---|
| Salaried Individuals | Form 16, AIS/TIS check, refund analysis, regime comparison | ₹499 – ₹999 |
| Professionals / Freelancers | Income summary, deductions, GST data, regime comparison | ₹1,200 – ₹5,000 |
| Business Owners | Balance sheet, P&L, GST reconciliation, audit check | ₹2,000 – ₹10,500 |
| Capital Gains (Shares / MF / Property) | STCG/LTCG calculation, indexation, exemption planning | ₹1,500 – ₹3,500 |
| F&O / Intraday Traders | Turnover calculation, audit check, tax planning | ₹2,500 – ₹6,000 |
| NRI / Foreign Income | DTAA, foreign tax credit, residency check | ₹3,000 – ₹7,000 |
| Tax Audit Cases | Form 3CA/3CB/3CD, books verification, audit support | ₹20,000 – ₹1,00,000 |