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Starter Business Plan

2999/- 2499/-

  • For proprietorships with turnover up to Rs. 2 Crore.
  • Covers ITR-3 or ITR-4: Presumptive or regular income.
  • Includes basic audit prep (if applicable) and filing.
  • Suits freelancers or small business owners.
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Growth Business Plan

5999/- 4499/-

  • For partnerships, LLPs, or firms with turnover up to ₹5 crore.
  • Covers ITR-5: Business income, losses, and deductions.
  • Full CA support—loss carry-forward, and compliance.
  • Ideal for growing firms needing detailed filings.
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Corporate ITR Plan

9999/- 7999/-

  • For companies requiring ITR-6, regardless of turnover.
  • Includes mandatory audit support, tax computation, and filing.
  • Comprehensive service—covers transfer pricing (if needed) and notices.
  • Perfect for Pvt. Ltd. or Ltd. companies aiming for precision.
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Crypto Currency Plan

3499/- 2999/-


Suited For:
  • Crypto Income
  • Futures & Options (F&O) Income/Loss (Non-Audit)
  • Speculative Income
  • Single & Multiple Employers
  • Single & Multiple House Properties
  • Multiple Capital Gain Incomes
  • Business & Professional Income (Non-Audit) – Without Balance Sheet or Profit & Loss Statement*
  • Income from Other Sources
  • Agricultural Income
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Starter Salary Plan

700/- 500/-


For salaried individuals with simple income.
  • Salaried employees 
  • Income up to Rs 50 lakhs
  • One house property (Rent or HBL Interest)
  • Other sources (e.g. Interest on FD)
  • No capital gains
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Salary - Expert Plan

2400/- 2000/-


Premium plan with expert CA guidance.
  • Salaried employees 
  • Income up to Rs 50 lakhs
  • One house property (Rent or HBL Interest)
  • Other sources (e.g., Interest on FD)
  • No capital gains
  • CA-reviewed ITR filing
  • Complex deductions and exemptions
  • E-filing and submission
  • Priority query support
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Salary - Growth Plan

3000/- 2500/-


For high-income individuals with capital gains.
  • Salaried employees 
  • Income above Rs 50 lakhs
  • Capital gains from shares, securities, or property
  • Multiple house properties
  • Other sources (e.g., interest, dividends)
  • Capital gains calculations and tax optimization
  • Support for complex income
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Salary - Ultimate Plan

4500/- 4000/-


 For Salaried employees with diverse income
  • Salaried Income
  • Capital gains from shares, securities
  • Capital gains from Property
  • Futures & Options (F&O) trading
  • Speculative income (e.g., lottery, gambling)
  • Multiple complex sources 
  • Capital gains and F&O calculations
  • Handling speculative and complex income
  • E-filing and submission
  • Premium query support
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Basic Biz Plan

3000/- 2500/-


For professionals and small businesses
  • Professionals with Gross receipts Rs 50 lakhs
  • Small businesses with turnover < Rs 2 crore
  • Income from salary and other sources
  • No capital gains
  • Preparation of A/c Summary, BS and PL 
  • Basic query support during filing
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Why File Your Income Tax Return?

Filing your Income Tax Return (ITR) isn’t just a legal checkbox—it’s a strategic move that benefits you in multiple ways. At Newtaxage, we make it effortless and rewarding. Here’s why you should file, with all the details you need to decide:

Taxable Income
If your income in India crosses ₹2.5 lakh as an individual,  ₹3 lakh for seniors,   ₹5 lakh for super seniors under the old regime), filing ITR is a must under the Income Tax Act. For companies, LLPs, or partnership firms, it’s mandatory regardless of profit or loss—even a zero-income return keeps you compliant. Newtaxage ensures your filing reflects your exact tax slab or entity type, avoiding errors that could trigger audits or penalties.
Build Credibility

A filed ITR is your financial credibility card—banks and lenders rely on it to verify your income and assess loan eligibility. Even if your income falls below the taxable limit, voluntarily filing builds a strong credit profile over time. No other document matches its authority as income proof for home loans, car loans, or credit cards. With Newtaxage, we streamline the process so your credibility shines—mandatory or not.
Carry Forward Losses

Suffered a business loss due to high expenses, depreciation, or market dips? Filing your ITR on time lets you carry those losses forward—up to 8 years for most cases. Later, when your business turns profitable, these losses offset taxable income, slashing your tax bill. Miss the filing deadline, and this benefit vanishes. Newtaxage ensures your losses are documented accurately, setting you up for future tax savings.

 

Prove Financial Strength

Consistent ITR filing paints a picture of financial discipline—a goldmine for quick bank loans, credit limits, or even visa applications abroad. Immigration officers often request ITRs to gauge your stability, while banks use them to fast-track approvals. A spotty filing history? That’s a red flag. Newtaxage keeps your ITR record impeccable, opening doors to financial opportunities with ease.
Secure Tax Refunds

Had excess TDS deducted from your salary, interest, or contracts? Or paid advance tax higher than your liability? Filing an accurate ITR is the only way to claim that refund—sometimes worth thousands or lakhs. Skip filing, and the government keeps it. Newtaxage’s CA-assisted service ensures every deduction is accounted for, maximizing your refund with zero hassle.

 

Avoid Notices

The Income Tax Act lists triggers for notices—like high-value transactions (e.g.,  ₹10 lakh deposits) or unreported income—that hit if you don’t file ITR. Non-filing can also mean penalties up to  ₹5,000, plus 1% monthly interest on unpaid tax. Filing on time with Newtaxage shields you from these risks, keeping your compliance clean and authorities off your back.

 

List of Documents for Income Tax Return

For Salaried Employees
1.Pan Card
2.Aadhar Card
3.Form-16 Part A and B issued by your employer
4.Month-wise Salary Slips
5.Income from Other Sources
For Income from House Property
1.Rental income details 
2.Tenant details such as Name, PAN/Aadhaar
3.Address of Property and Co-owner details
4.Interest certificate for loan, if any, including Pre-Construction Interest
5.Pre-construction interest on the home loan, if any
6.Municipal Tax Receipts
For Capital Gain Income
For Sale of Immovable Property :
1.Sales and purchase deeds, improvement cost details, transfer expenses.
2.Full Address of the Property.
3.Details of the buyer, like PAN and Aadhaar.
4.Necessary supporting document if you claiming exemption u/s 54 or 54EC.

For Sale of Mutual funds or Equity shares:
1.For the Sale of Mutual funds, you can generate consolidated capital gain statements from CAMs and Kfintech.
2.For the Sale of Equity shares, you can check with your broker for a capital gain statement or Tax P&L.
3.For any other types of capital assets, you must have a document showing the sale consideration and the purchase cost details as required.




For Presumptive Taxation ITR
Documents & Information Required under Presumptive Taxation (Sec 44AD / 44ADA):

A. Basic Details

  1. PAN Card
  2. Aadhaar Card
  3. Mobile number & Email ID
  4. Bank account details (with IFSC codes)

B. Income Information

  1. Gross turnover or receipts:
    • For Section 44AD (Business): Not exceeding ₹2 crore
    • For Section 44ADA (Professionals): Not exceeding ₹50 lakh
  2. Presumptive income declared:
    • 8% (or 6% if digital) of turnover (44AD)
    • 50% of receipts (44ADA)

C. Banking & Transactions

  1. Bank statements (optional but useful for turnover validation)
  2. Details of cash vs. digital transactions (for 6% presumptive rate under 44AD)

D. Tax & TDS Info

  1. Form 26AS
  2. AIS (Annual Information Statement)
  3. TDS certificates (Form 16A, if applicable)
  4. Advance tax or self-assessment tax challans

E. Other Income (if any)

  1. Interest on FD/Savings
  2. Rental income (if applicable)
  3. Capital gains (if any)

F. Business/Professional Info

  1. Name, nature, and address of business or profession
  2. No requirement to maintain books of accounts or audit (unless opting out of presumptive)

G. Deductions (Optional)

  1. LIC, PPF, ELSS, etc. (Section 80C)
  2. Health insurance premiums (Section 80D)
  3. Donations (80G), etc.
For ITR Filing (With Balance Sheet – Regular Taxation)

A. Basic Details

  1. PAN Card
  2. Aadhaar Card
  3. Mobile number & Email ID
  4. Bank account details (with IFSC codes)
  5. Business name, nature, and address

B. Financial Statements (Mandatory)

  1. Profit & Loss Statement
  2. Balance Sheet
  3. Trial Balance
  4. Ledger Accounts (General Ledger, Cash Book, Bank Book, etc.)
  5. Fixed Assets Register (with depreciation details)
  6. Stock Inventory Statement (closing stock value as on 31st March)

C. Books of Accounts

  1. Sales Register
  2. Purchase Register
  3. Expense Ledger (break-up of all business expenses)
  4. Bank Statements for all accounts
  5. Cash Book (daily cash transactions)
  6. Debtor & Creditor details (Sundry Debtors and Creditors)

D. Tax & TDS Info

  1. Form 26AS
  2. AIS (Annual Information Statement)
  3. TDS certificates (Form 16A, etc.)
  4. Advance tax/self-assessment tax challans
  5. GST returns (if registered)

E. Other Income Details

  1. Interest on FD/Savings
  2. Rental income, if any
  3. Capital gains, if any (with sale/purchase documents)

F. Loan & Liability Documents

  1. Loan statements (secured/unsecured loans)
  2. Interest certificates on loans
  3. Outstanding liabilities list (vendors, etc.)

G. Audit Reports (If applicable)

  1. Tax Audit Report (Form 3CA/3CB and 3CD) – required if turnover exceeds ₹1 crore for business or ₹50 lakh for profession (unless eligible under presumptive scheme)
  2. Statutory Audit Report (if applicable for companies or certain entities)

 

H. Deductions & Tax Saving Documents

  1. LIC, PPF, NSC, ELSS (Section 80C)
  2. Health insurance premiums (Section 80D)
  3. Education loan interest certificate (Section 80E)
  4. Donations (80G)
  5. Home loan interest certificate (Section 24 & 80EEA)
For Capital Gain Income with Balance Sheet Preparation

A. Basic Details

  1. PAN Card
  2. Aadhaar Card
  3. Mobile number & Email ID
  4. Bank account details (for refund, if any)

B. Capital Gains Specific Documents

1. Sale of Immovable Property (Land/Building/Flat)

  1. Sale deed (transfer/sale document)
  2. Purchase deed (original acquisition document)
  3. Capital improvements receipts (construction, renovation, etc.)
  4. Stamp duty & registration charges paid during purchase
  5. Broker commission (if any)
  6. Form 26QB (if TDS was deducted by buyer)
  7. Indexation details (for long-term capital gain computation)
  8. Valuation report (if FMV as on 01.04.2001 is used)

2. Sale of Shares / Mutual Funds

  1. Demat account transaction statement
  2. Contract notes of sale & purchase (from broker)
  3. Mutual fund capital gain statement (available from AMC or platforms like CAMS/KFintech)
  4. STT (Securities Transaction Tax) details (for exemption eligibility under Section 10(38) / 112A)
  5. ISIN-wise capital gain calculation for equity shares & MF units

3. Sale of Other Capital Assets (Gold, Bonds, etc.)

  1. Purchase & sale invoices
  2. Valuation certificate (if applicable)
  3. Receipts for improvement or repair of the asset

C. Capital Gain Exemptions (If Claimed)

  1. Proof of investment in another house (Section 54)
  2. Proof of investment in bonds (Section 54EC) – REC/NHAI Bonds
  3. Proof of deposit in Capital Gains Account Scheme (CGAS)
  4. Allotment letter or payment receipts of new asset purchased

D. Tax-Related Documents

  1. Form 26AS
  2. AIS (Annual Information Statement)
  3. TDS certificates (Form 16A, if applicable)
  4. Advance tax/self-assessment tax challans

E. Other Income & Deductions (Optional)

  1. Interest income (FDs, Savings A/C)
  2. Rent receipts or lease agreements (if property is rented)
  3. Investment proof for deductions under 80C, 80D, etc.

How to File Income Tax Returns with Newtaxage

1

Get in Touch

2

Submit Documents

3

Document Verification

4

Return Preparation & Review

5

Form Selection

6

ITR Filing

7

E-Verification

8

Acknowledgement Generated
ITR compliance for Pvt Ltd Co.
It is mandatory for every Private Limited company (other than the companies claiming exemption under section 11) to file the return of income irrespective of amount of income or loss in Form ITR 6 Also, Companies are required to file Form ITR 7.
ITR Compliance for OPC

In the case of One Person Company, one person is required to file the return of income irrespective of whatever the amount of income or loss made by One Person Company in Form ITR 6 Also, One Person Companies are required to file ITR in Form ITR 7 in the duly time.
ITR compliance for an LLP
It is mandatory for every Limited Liability Partnership (LLP) to file the return of income irrespective of amount of income or loss in Form ITR 5. 

ITR Filing Due Dates

Stay ahead of deadlines with Newtaxage! Here are the key due dates for filing your Income Tax Return (ITR): 
Taxpayer Category
Due Date
Notes
Individuals (No Audit)
July 31
For salaried, proprietors, or others not requiring tax audit.
Businesses (No Audit)
July 31
Partnerships, LLPs, or companies with turnover below audit limits.
Tax Audit Cases
September 30
Businesses with turnover > ₹1 crore or professionals > ₹50 lakh.
Companies (Mandatory Audit)
September 30
All companies, regardless of turnover, needing audit under Section 44AB.
LLPs (Audit Required)
September 30
If turnover > ₹40 lakh or contribution > ₹25 lakh.
Belated ITR (All Categories)
December 31
Late filing allowed, but losses can’t be carried forward.
Revised ITR
December 31
Correct errors in original ITR filed by this date (of assessment year).

FAQs On Income Tax Returns

Get all your question answerd !

  • I do not have Form 16? How do I file my return?

    You need not worry about the same. You may still file your return. Please get in touch with us and we will do the rest.

  • Where should the books of accounts of business be kept and for how long?

    All the books of account and related documents should be kept at the main place of business, i.e., where the business or profession is generally carried on. These documents should be preserved for a minimum of eight financial years.

  • What is the purpose of Form 26 AS?

    Form 26 AS is consolidated tax statement (Form 26AS) is used as a proof of tax deducted/collected on your behalf and the tax directly paid by you along with your income tax return.

  • What is the last date for investment under section 80C?

    Due date of investment under section 80C has been extended to 30th June 2020. This is for Financial Year 2019-20. Earlier date was 31st March 2020. Read more on extension on other due dates amid Corona outbreak as announcements made by Nirmala sitharama Press Conference.

  • What is ITR-V?

    ITR-V is a 1-page acknowledgment summary document that you receive after e-filing your income tax return. You must print, sign and send it to the Income Tax Department within 120 days from e-filing your tax return as a verification. However, you may also E-verify using Aadhar or net banking. If you have filed using your DSC, none of the verifications will be required.

  • What documents do I need to attach to an Income tax return?

    Income tax returns are completely paperless filing procedures now. You need not submit any physical or scan copies along with your returns. However, you should retain these documents so that you can produce those when demanded by tax authorities.

  • Why is return filing mandatory even though all my taxes and interests have been paid and there is no refund due to me?

    Amounts paid as advance tax and withheld in the form of TDS or collected in the form of TCS will take the character of your tax due only on completion of self-assessment of your income. This self-assessment is intimated to the department by way of filing of a return. Only then does the government acquire rights over the prepaid taxes as its own revenue. Filing of return is critical for this process and, hence, has been made mandatory. Failure will attract a levy of penalty.

  • Is it mandatory to file a return after getting my PAN Card?

    No. Return is to be filed only if you have taxable income.

  • If I have committed any mistake in my original return am I permitted to file a revised return to correct the mistake?

    Yes, you don’t have to worry about the same. Return can be revised within a period of one year from the end of the relevant assessment year or before completion of the assessment whichever is earlier. Get in touch with us to quickly file a revised return.

  • Still, have confusion?

    Don’t worry!! Our expert will help you to choose a best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at support@newtaxage.com

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