Income tax is tax levied on the income of a person by the government as per the provisions in the Income Tax Act, 1961. It is levied on the income earned during the year starting from the financial year, 1st April ending on 31st march.
An Income tax Return is a statement of Income earned to calculate tax liability and payment or refund of taxes to the government. Thus the purpose of filing the return is to report our income and taxes paid to the government.
- The login credentials are essential for filing returns through the ESIC portal i.e. the log in ID and Password.
- After entering the portal, a list of actions can be performed or additions to be made to the employer’s ESI account such as updating employee details or reporting an accident, etc.
- Click on the tab ‘File Monthly Returns’. Before filing monthly contributions, the employer must ensure that the employee details are updated.
- Enter the bank details and file the monthly ESI contribution.
- After the payment of the contributions, click on ‘Generate challan’, a challan for the payment received is then generated. It is an essential document must be filed for inspection.
FEATURES
Register online:
To e-file, the income tax returns, register on the Income Tax Department’s online tax filing site (incometaxindiaefiling.gov.in). Provide permanent account number (PAN), name and date of birth and choose a password.
The PAN will then act as a user ID.
Choose the required form:
Form ITR-1 (SAHAJ)is for individuals having income from salaries, one house property and other sources like interest.
Form ITR 4 is for individuals and Hindu Undivided Families having income from a proprietary business or profession, also used by proprietorship firms.
Form ITR 5 is used by most partnership firms as it is intended for persons other than individuals, Hindu Undivided Families, companies and person filing Form ITR-7.
Form ITR 6 is used by companies like one person company, private limited company, public limited company and other for-profit companies.
Form ITR 7 is used by persons, political parties, news agencies, universities and entities in receipt of income from property held under trust for charitable or religious purposes.
Documents required:
PAN, Form 16, interest statements, TDS certificates, details of investments, insurance, and home loans.
Download Form 26AS, that summarizes tax paid against PAN. Validate the tax return with Form 26AS to check tax liability.
Fill form online or fill form offline & then upload on the site.
Verify ITR-V:
On submitting the ITR form, an acknowledgment number is generated. In case the return is submitted using a digital signature, just preserve this number.
If the return is submitted without a digital signature, an ITR-V is generated and the same is sent to the registered email ID.
Shah & Doshi – Audit and Tax Consultancy Experts in Mumbai
At Shah & Doshi, we combine deep expertise and practical insight to offer quality-driven audit, tax consultancy, and risk management services. Based in Mulund, Mumbai, we help individuals and businesses—from salaried professionals to large enterprises—navigate taxation, compliance, and financial decisions with confidence. As experienced income tax filing consultants, we provide end-to-end solutions tailored to your financial profile. Our income tax return services are designed to maximize deductions, ensure timely filings, and keep you compliant with statutory requirements. We focus on empowering clients with clarity and actionable advice that supports long-term financial success across diverse industries and business models.
Features of Our Services
1. End-to-End Tax Assistance:
From document collection to return submission and post-filing support, we handle everything with precision and efficiency. Our income tax return services ensure that every step, including verification and timely filing, is completed seamlessly, providing you with peace of mind throughout the process.
2. Customized Consultancy:
We assess each client’s needs individually and provide personalized solutions that align with both short-term financial goals and long-term aspirations. Our income tax return consultants work closely with you to offer tailored advice for optimal tax savings, compliance, and financial growth.
3. Data Confidentiality:
We strictly adhere to comprehensive data privacy protocols, ensuring your personal and financial information remains secure. As trusted income tax filing services providers, we handle all your sensitive information with the utmost care and in compliance with legal standards.
4. Expert Representation:
Whether you’re dealing with tax assessments or scrutiny notices, our experienced team is here to represent you professionally. Our income tax return filing consultants offer expert guidance and act as your advocate, helping you navigate complex tax issues while minimizing potential liabilities.
5. Advanced Tools:
We utilize modern accounting and tax-filing software to ensure accuracy and efficiency. By leveraging cutting-edge technology, our income tax return service provider capabilities streamline the filing process, reduce the risk of errors, and improve the overall turnaround time for your returns.
6. Dedicated Support Team:
A single point of contact ensures continuity, clarity, and consistency throughout the process. Shah & Doshi’s team provides personalized assistance, answering your questions promptly and guiding you through every stage of tax filing and planning.
As one of the leading income tax return companies, our objective is to simplify your tax journey while delivering unmatched value.
Who Can Benefit from Our Services?
Our income tax services are designed to assist a wide range of clients, from individuals to businesses, with seamless filing and comprehensive tax solutions. Below are the key groups who can benefit from our services:
All the bullet points.
- An Individual
Our income tax filing consultants assist individuals in filing returns with precision and ease. We provide reliable income tax return services tailored to your income structure, ensuring timely compliance and maximum benefits. Whether salaried or self-employed, we guide you through every step of the process with complete transparency.
- A Hindu Undivided Family (HUF)
HUFs require specialized handling, and our income tax return consultants deliver accurate solutions that address joint income and deductions. With our efficient income tax filing services, we ensure that every filing is compliant with current laws while minimizing liabilities and maximizing eligible tax benefits for your family unit.
- A Company
Companies benefit from our comprehensive income tax return services that cover everything from corporate filings to statutory compliance. Our experienced income tax return filing consultants help businesses stay updated on tax regulations, reduce risks, and focus on growth without worrying about deadlines or filing complexities.
- A Firm
Firms, including partnerships and LLPs, can rely on our seasoned income tax filing consultants to manage all their tax requirements. We provide clear, actionable strategies and dependable income tax return consultants to help you navigate regulatory changes, reduce financial burdens, and maintain consistent compliance year after year.
- An Association of Persons (AOP) or Body of Individuals (BOI)
Managing taxes for AOPs or BOIs involves understanding shared income structures. Our income tax return services and trusted income tax filing services ensure proper distribution and filing in accordance with current legal frameworks. We make compliance easy and error-free for collective financial entities.
- A Local Authority
Local authorities face unique filing needs. As expert income tax return consultants, we ensure accurate reporting aligned with governmental financial standards. Our tailored income tax filing services simplify complex tax responsibilities and maintain compliance without administrative strain, letting you focus on core governance.
- Artificial Juridical Persons
Artificial juridical persons such as societies and trusts can rely on our expert income tax return filing consultants for end-to-end tax support. Using our streamlined income tax return services, we ensure regulatory compliance, proper record-keeping, and accurate filings that reflect the unique nature of your organization.
What Are the Required Documents?
Choose the Appropriate Form:
- Form ITR-1 (SAHAJ): For individuals with income from salaries, one house property, and other sources like interest.
- Form ITR-4: For individuals and Hindu Undivided Families with income from a proprietary business or profession. This form is also used by proprietorship firms.
- Form ITR-5: Primarily used by partnership firms, and intended for persons other than individuals, Hindu Undivided Families, companies, or those filing Form ITR-7.
- Form ITR-6: Designed for companies, including one-person companies, private limited companies, public limited companies, and other for-profit entities.
- Form ITR-7: Used by entities like political parties, news agencies, universities, and organizations receiving income from properties held under trust for charitable or religious purposes.
Documents Required:
- PAN Card
- Form 16 (issued by your employer)
- Interest Statements (from banks or financial institutions)
- TDS Certificates (if applicable)
- Investment Details (such as mutual funds, stocks, etc.)
- Insurance Details (life and health insurance)
- Home Loan Details (if applicable)
Additionally, download Form 26AS, which summarizes tax paid against your PAN. Validate your tax return with Form 26AS to ensure accurate tax liability.
Our Process
We’ve built a process that’s easy to follow and delivers maximum efficiency. Here’s how we work:
1. Initial Consultation
Our process starts with a consultation to understand your tax needs, income structure, and any past filing history. This helps us assess your financial obligations and opportunities.
2. Documentation and Assessment
Next, we collect relevant documents like Form 16, investment proof, and business financials. As your income tax return consultants, we review your records thoroughly to ensure no detail is overlooked.
3. Computation and Planning
We calculate your taxable income, deductions, and tax liability. Simultaneously, we offer suggestions to optimize your taxes, especially for clients using our ongoing income tax filing services.
4. Filing the Return
Once we verify all details with you, we proceed with the return filing via government-approved channels. We double-check data accuracy before submission
5. Post-Filing Support
Our role doesn’t end at filing. We provide ongoing support for refunds, notices, or clarifications. As a dependable income tax return service provider, we’re here when you need us.
Why Choose Shah & Doshi?
1. Client-Centric Approach
We don’t just offer services—we build relationships. Understanding our clients’ goals and concerns is central to how we work. Whether you’re looking for a long-term income tax return consultant or expert financial guidance, we’re here to assist.
2. Deep Industry Knowledge
With years of experience in auditing and tax consultancy, our professionals possess comprehensive knowledge across various industries. We are among the few income tax return companies in Mulund with specialized expertise in handling diverse client portfolios.
3. Ethical and Transparent Practices
Integrity is the cornerstone of our work. We follow best practices and comply with all regulatory standards, ensuring ethical service delivery in every engagement.
4. Affordable, Scalable Solutions
We offer cost-effective consultancy that doesn’t compromise on quality. From individuals to enterprises, our services are tailored to meet all budgetary requirements without any hidden charges.
Connect With Us
Let Shah & Doshi be your financial growth partner. Whether you require income tax return services, auditing, or strategic business advisory, we’re here to help. Our office in Mulund, Mumbai, is open for consultations, and we’re also equipped to handle everything online.
Location: Mulund, Mumbai
Contact Number: 9870611654/9819316484
Email Address: harshit@shahdoshi.com/ruchi@shahdoshi.com
Website URL: https://shahdoshi.com/contact-us/
We look forward to guiding you through your tax responsibilities with care and confidence!