Professional
Income Tax Services

Late filing attracts a penalty under Section 234F: ₹5,000 if filed after the due date but before December 31, and ₹10,000 if filed after December 31. Additionally, interest under Section 234A, 234B, and 234C may apply.

Old Regime allows various deductions and exemptions (80C, 80D, HRA, etc.) with higher tax rates. New Regime has lower tax rates but allows very few deductions. We can help you choose the regime that minimizes your tax liability.

Yes, you can file a revised return under Section 139(5) if you discover any omission or mistake in your original return. The revised return must be filed before the end of the relevant assessment year or before the assessment is completed.