WealthWisher Financial Planners extends Income Tax Returns Filing services every year to its clients – at a very nominal charge. Annual ITR filing is required as per law for most investors. We make sure that you don’t face hassles in finding a suitable tax auditor and then pay his exorbitant charges.

Why ITR Filing Service?

We have observed that –

• Most CA (Chartered Accountants) dealing with ITR filing are not professional in their services.
• They confuse investors with Income Tax rules regarding investments. They are not advisors, they are auditors.
• It’s a one time in a year requirement for most of us so why should a CA be on retainer?
• The cost is too high (ranges from INR 500 to 20000 as per profile of filer, reputationof CA & city)
• Websites/Portals are costly and do not advise on tax planning.

Income Tax Returns Filing

• The service is for our clients only.
• It is for both – Residents & NRIs. In case you have HUF, we can file that too for you.
• It is nominal fees driven service.
• It is completely online (emails/WhatsApp & Aadhar OTP for verification)
• You can file for your family members also.
• ITRs with account making or audit mandated are not filed by us.
• Other things like Capital Gains, Other incomes, cases with 2 or more employers in an FY, Foreign Income, TDS refunds, Tax Planning are dealt with as per Act.
• Complete Tax Planning Discussion & Recommendations.
• Follow up on IT Dept queries if any.

Income Tax Returns Filing Charges

As mentioned, charges are very nominal. We recover the software cost only.

For FY 2022-23 the charges are Flat 199 per ITR.

Documents Required for ITR Filing

The main required documents are – copy of the PAN card, a Copy of the AADHAR card, a Bank Statement / Bank passbook, Income Tax Login ID & password.

Then, it depends on your earning source & investments:

Form 16, Salary Slips, Investments proofs for Section 80 (80C, 80D, 80U etc), Capital Gain Statements, Interest Statements, Donation receipts, Home Loan EMI certificate etc as the case may be. This is not an exhaustive list as the situation may require additional documents.

Questions / Query

Call or WhatsApp me: +91 9828156400 (Madhupam) or

Email: madhupam@thewealthwisher.com

Do NRI Need to File Income Tax Returns?

Benefits of filing ITR by NRI

1. For Non-Residents only Income earned in India is taxable.
2. They can claim a refund of TDS, if it has been deducted at a higher rate
3. To claim benefit under DTAA (Double Tax Avoidance Agreement)
4. To obtain a Lower Deduction of TDS when one is selling a property
5. Repatriation of Funds at the time of sale of assets in India.
6. To get form 15 CA/15CB for remittance of funds from India to their overseas account.
7. If they own more than one property in India, as under income tax rules, there is an incidence of presumed rental income on the second property
8. Claim Exemptions and deductions available under Income Tax
9. Carry forward a loss of Investment
10. To claim benefit under section 54, 54 EC and 54 F for capital gains