Income Tax Return (ITR) Filing in Chennai
ITR-1 Filing (SAHAJ)
ITR-1 is designed for salaried individuals with straightforward income sources. At Quality Tax Service, we assist resident individuals whose total income is up to ₹50 lakh and arises from salary, pension, up to two house properties, or basic interest sources.
- Accurate reporting of salary structure and interest income
- Deductions under Sections 80C, 80D and 80E (old tax regime)
- Reconciliation with Form 16, AIS and Form 26AS
- Seamless filing process with thorough accuracy checks
- Full compliance with Income Tax Act
ITR-2 Filing
ITR-2 is meant for individuals and HUFs without business income but with complex income situations.
- Capital gains on shares, mutual funds and property
- NRI taxation and foreign asset reporting
- Foreign Tax Credit claims
- Multiple house property income
- Optimized deductions and exemptions
ITR-3 Filing
ITR-3 applies to individuals and HUFs earning income from business or profession.
- Freelancers, consultants, and sole proprietors
- F&O/intraday traders and crypto income
- Profit & Loss statements and Balance Sheets
- Crypto tax at 30% compliance
- Business deductions and depreciation
ITR-4 Filing (Sugam)
ITR-4 is ideal for small businesses and professionals under presumptive taxation scheme.
- Sections 44AD, 44ADA and 44AE
- No detailed books of accounts required
- Turnover validation and presumptive income calculation
- Digital and cash receipts verification
- Tax audit applicability review
ITR-5 Filing
ITR-5 is for partnership firms, LLPs, AOPs, BOIs, and business trusts.
- Detailed financial statements preparation
- Audit records and capital gains disclosures
- AMT compliance and loss set-off
- 40+ tax schedules management
- Complete statutory compliance
ITR-6 Filing
ITR-6 is for companies not claiming exemption under Section 11.
- Private and public limited companies
- MAT calculations (where applicable)
- Capital gains and depreciation schedules
- Corporate disclosures and statutory requirements
- Audited financial statements
ITR-7 Filing
ITR-7 applies to trusts, NGOs, political parties, and institutions under various sections.
- Charitable and religious trusts
- Donation and grant reporting
- Exempt income claims
- Audit reports preparation
- Regulatory compliance
TDS Return Filing
Comprehensive TDS filing services for all deductors.
- Forms 138, 140 and 144 (TDS) and 143 (TCS) under the Income-tax Rules, 2026 (24Q, 26Q, 27Q and 27EQ for periods up to March 2026)
- TAN validation and challan verification
- Form 130 and 131 generation (earlier Form 16 and 16A)
- PAN correction and payment tracking
- Penalty avoidance under Sections 427 and 461 of the Income-tax Act, 2025 (Sections 234E and 271H for periods up to March 2026)
Income Tax Return across Chennai