Individual ITR Filing

Service Description

Individual Income Tax Return filing may appear straightforward, but ensuring complete accuracy, proper disclosure, and compliance with evolving tax regulations requires professional diligence. At PRS&A, we approach individual ITR filing with a structured, detail‑oriented process that ensures every source of income is correctly captured and reported. Whether the taxpayer earns from salary, interest, dividends, rental income, or other basic sources, we verify all documents including Form 16, AIS/TIS, bank statements, investment proofs, and deductions under Chapter VI‑A to ensure that the return reflects the true financial position. We also reconcile the taxpayer’s AIS and Form 26AS to identify mismatches, unreported income, or TDS discrepancies that may trigger future notices. Our team evaluates eligibility for exemptions, deductions, and rebates, ensuring that the taxpayer benefits from all legitimate tax provisions without compromising compliance. For salaried individuals, we review allowances, perquisites, and employer‑provided benefits to ensure accurate reporting. For those with multiple employers or income streams, we consolidate data to avoid duplication or misreporting. Beyond filing, we guide clients on tax planning, documentation practices, and potential risk areas. Our approach is transparent, ethical, and aligned with ICAI’s Code of Ethics. We ensure that the return is filed correctly the first time, reducing the likelihood of scrutiny or reassessment. At PRS&A, individual ITR filing is not just a data‑entry exercise — it is a professional service designed to provide clarity, compliance, and peace of mind.