Skip to content
  • +91-8700032203
  • +91-7982044611
  • ADMIN@AURIGAACCOUNTING.IN
Facebook Twitter Instagram Linkedin Youtube Pinterest Tumblr Reddit
Auriga accounting
Edit Content
talk to expert
Auriga accounting
Edit Content
talk to expert
Auriga accounting
CONTACT US
talk to expert
Auriga accounting
MENU
Edit Content
auriga accounting

Follow us

Facebook Twitter Instagram Linkedin Youtube Pinterest Tumblr Reddit

ITR FILING FOR INDIVIDUALS

ITR, or Income Tax Return, is a form used to report income, claim deductions, and calculate tax liability. The Central Board of Direct Taxes (CBDT) issues various ITR forms and outlines the filing procedures. This article explores the meaning of ITR and the different types of ITR forms available.

Complete Your ITR Filing

Ready Your ITR Filing For Individuals with Auriga Accounting.

  • Connect with our Experts
  • Submit Your Required Documents
  • Track Application Status
  • Received your Certificate

REGISTER NOW..

Why Should I Use Auriga Accounting For ITR Filing For Individuals?

Auriga Accounting has a team of registration experts who can provide complete guidance to register your ITR Filing For Individuals.

book appointment

Our team of experts will get in touch with you and collect all necessary documents and details

Resolve all your queries

We fill out and file your application for ITR Filing 

Complete your ITR Filing

Ready Your ITR Filing For Individuals

Why Should I Use Auriga Accounting For ITR Filing For Individuals?

Auriga Accounting has a team of registration experts who can provide complete guidance to register your ITR Filing For Individuals.

book appointment

Our team of experts will get in touch with you and collect all necessary documents and details

Resolve all your queries

We fill out and file your application for ITR Filing 

Complete your ITR Filing

Ready Your ITR Filing For Individuals

Overview
ITR-4(SUGAM)
Use ITR-4?
Key Purpose
Tax Rates
Deductions

Overview -ITR Filing For Individuals

This return form is applicable to resident individuals whose total income for the Assessment Year 2025-26 includes:

  • Salary or Pension Income
  • Income from One House Property (excluding cases with carried-forward losses)
  • Income from Other Sources (excluding lottery winnings and racehorse income)
  • Agricultural income up to ₹5,000

 

ITR-4 (SUGAM) – For Individuals, HUFs, and Firms (excluding LLPs)

ITR-4 is for individuals, Hindu Undivided Families (HUFs), and firms (excluding LLPs) that:

  • Are residents (except those who are “Not Ordinarily Resident”).
  • Have a total income of up to ₹50 lakh.
  • Earn income from business or profession under presumptive taxation (Sections 44AD, 44ADA, or 44AE).
  • Have income from:
    • Salary or pension
    • One house property
    • Other sources (such as interest, family pension, and dividends)
    • Agricultural income up to ₹5,000

Who Cannot Use ITR-4?

ITR-4 is NOT for individuals who:

  • Are directors in a company
  • Own unlisted equity shares
  • Have assets or financial interests outside India
  • Have authority to operate an account outside India
  • Earn income from foreign sources
  • Have deferred tax on employee stock options (ESOPs)
  • Have any carried forward losses
  • Have a total income exceeding ₹50 lakh

Important Note: ITR-4 is optional and serves as a simplified form for those eligible under presumptive taxation.

Key Tax Forms and Their Purpose ITR Filing For Individuals

  1. Form 12BB – Employees submit this to employers for tax deductions (e.g., HRA, home loan interest, and investment proofs).
  2. Form 16 – Employers issue this to employees at the end of the financial year, showing salary, deductions, and tax deducted.
  3. Form 16A – Issued quarterly for tax deducted at source (TDS) on non-salary income.
  4. Form 67 – Taxpayers use this to claim foreign tax credit.
  5. Form 26AS & AIS – Available on the income tax portal, showing TDS, tax collected, payments, and refunds.
  6. Form 15G & 15H – Used to prevent TDS deduction on interest income if the total income is below the taxable limit.
  7. Form 10E – Required when claiming tax relief on salary arrears.

Tax Rates for AY 2025-26 ITR Filing For Individuals

Old vs. New Tax Regime

  • The new tax regime (Section 115BAC) is now the default option.
  • Taxpayers can switch to the old tax regime for deductions and exemptions.
  • Business owners opting out of the new tax regime must submit Form 10-IEA.

Income Tax Slabs (New Tax Regime)

Income Range

Tax Rate

Up to ₹3,00,000

Nil

₹3,00,001 – ₹7,00,000

5%

₹7,00,001 – ₹10,00,000

10%

₹10,00,001 – ₹12,00,000

15%

₹12,00,001 – ₹15,00,000

20%

Above ₹15,00,000

30%

Surcharge: Additional tax applies on incomes above ₹50 lakh, starting at 10% and going up to 37%.

Rebate under Section 87A: Up to ₹5 lakh (old regime) – Full tax rebate (₹12,500 max). Up to ₹7 lakh (new regime) – Full tax rebate (₹25,000 max).

Cess: 4% Health & Education Cess is applied on income tax plus surcharge.

Deductions Allowed in the New Tax Regime

  1. Section 24(b) – Interest on a housing loan for a rented-out property (no limit).
  2. Section 80CCD(2) – Employer’s contribution to NPS (up to 14% for government employees, 10% for private sector employees).
  3. Section 80CCH – Contribution to the Agnipath Scheme.

Note: Most other deductions, like 80C (PPF, LIC, ELSS, etc.), 80D (medical insurance), and HRA, are NOT available in the new tax regime.

Marginal Relief on Surcharge: If your income slightly exceeds ₹50 lakh, ₹1 crore, ₹2 crore, or ₹5 crore, marginal relief reduces the additional tax burden so that the extra surcharge does not exceed the income over these thresholds

Get more details

Our Happy Clients!

Excellent
Based on 12 reviews
MD SAHIL
MD SAHIL
2023-06-10
Auriga Accounting is right CA firm is crucial for the financial health of our business. Auriga Accounting is reputable firm with experienced professionals, strong technology infrastructure, good communication, and transparent pricing.
Prince Kushwaha
Prince Kushwaha
2023-06-10
Workplace must be peaceful and be active during work , the Auriga Accounting Private Limited provides relevant and necessary things so employees save their time and complete their task before time period effectively and efficiently
Prince Singh
Prince Singh
2023-06-10
Auriga accouting private limited and it's team provide best service at affordable price. I have done my previous year GSTR and ITR they did it before the time
Priyanka Kumari
Priyanka Kumari
2023-04-07
They are best coordination with me. Time to time inform me how to work and what work is my pending. Time to time updated me about my company profile work like ROC Filling last date, GST filling last date, ITR etc... I have no paid any penalty since I started working with Auriga..
Vishal Singh
Vishal Singh
2023-04-07
Best company for providing services, I recommended to all. They give me the best rate of price and finished work before the time.
Sameer khan
Sameer khan
2023-04-07
The auriga accounting private limited is a reliable and a customer support company the team has give Clear answer towards the customer by which the customer cannot get confused and get necessary detail to solve their queries and auriga provided me good service and delivered my work on time very well coordinate with me and talk very well I suggest if you have any work then call auriga they will definitely finish your work on time
Vivek Shakya
Vivek Shakya
2023-04-07
Great Services , within affordable rate and give full satisfaction on works. Easy to Cordinate, I have done My Previous year ITR , Startup Registration. I am very happy with their services and their first priority is their Customer.
find way
find way
2023-04-06
I'll give a five-star rating, I had doubts about how to start my work in the field of business and they guide me and instruct me on how to start a business. They have a great team.
623 Anjali
623 Anjali
2023-04-06
The Auriga has great services. Efficient communication and really easy way to get help and support.
Anjali Sharma
Anjali Sharma
2023-04-06
Auriga Accounting team represents the highest level of customer services I have experienced.The team gives accurate information and responses to queries very fast, which are customer is facing.

Trusted by 400,000 clients and counting, including …

idbi bank
wipro
ajio
fresh to home
haldiram
bharat petroleum
Swiggy
ola
mrf
Maruti_Suzuki
Havells
Auriga accounting

About

Auriga provide expert services which can get your new business off to a flying start. We are Compliance and finance officers for your business. Here you get simple and affordable online company registration and range of essential services. A world class technology – driven platform, offering end to end service from startup to well established firm.

BUSINESS REGISTRATION

TAX REGISTRATION

COMPLIANCES

Contact Detail

  • +91-7982044611
  • +91-8700032203
  • Admin@aurigaaccounting.in
  • 163 D/1, Khirki Extension, Malviya Nagar, New Delhi, Delhi 110017

follow us

Facebook Twitter Instagram Linkedin Youtube Pinterest Tumblr Reddit

By continuing past this page, you agree to our Terms of Service,Cookie Policy,Privacy Policy,Refund Policy and Content Policies.
© AURIGA ACCOUNTING PRIVATE LIMITED | 2021 | All Rights Reserved

×