Make your ITR filing in Lucknow simple with our easy-to-follow guide for salaried employees. Experience quick, accurate, and stress-free tax return submission.
Complete Your ITR Filing
Ready Your ITR Filing For Salaried Person with Auriga Accounting
Auriga Accounting has a team of registration experts who can provide complete guidance to register your ITR Filing for Salaried in Lucknow.
Our team of experts will get in touch with you and collect all necessary documents and details
We fill out and file your application for ITR Filing
Ready Your ITR Filing for Salaried in Lucknow
Auriga Accounting has a team of registration experts who can provide complete guidance to register your ITR Filing for Salaried in Lucknow.
Our team of experts will get in touch with you and collect all necessary documents and details
We fill out and file your application for ITR Filing
Ready Your ITR Filing for Salaried in Lucknow
Filing Income Tax Return (ITR) is a compulsory requirement for all salaried individuals in Lucknow whose annual income exceeds the basic exemption limit set by the Income Tax Act. Beyond legal compliance, submitting your ITR provides advantages such as smoother loan approvals, streamlined visa processing, and organized access to your financial records.
For salaried employees, the ITR filing process is simple when approached with proper preparation. Essential documents such as Form 16, salary slips, PAN, Aadhaar, bank statements, and proof of deductions under sections like 80C, 80D, and 24(b) are vital for accurate submission. Utilizing online filing portals or consulting a tax expert can help ensure correct filing, prevent penalties, and enable you to claim eligible refunds effortlessly.
Annual Income Above Exemption Limit: Salaried individuals earning more than ₹2.5 lakh annually (under the old tax regime) are required to file their ITR.
Multiple Employers: If you changed jobs during the year, filing an ITR is necessary to report your combined income accurately.
Claiming Tax Refunds: Filing your ITR is essential if excess TDS was deducted from your salary and you are eligible for a refund.
Proof of Income for Loans & Visas: Even if your income falls below the threshold, submitting an ITR can assist in securing loans, credit cards, or visas.
Additional Income Sources: Salaried persons with other income, such as interest, rent, or freelance earnings, must file an ITR to report all sources.
Foreign Income or Investments: If you’ve earned income abroad or own foreign assets, filing an ITR is legally mandatory.
Deductions and Exemptions: To claim benefits under sections like 80C, 80D, or HRA, filing an ITR is a must.
Legal Compliance with Income Tax Laws: Filing your ITR ensures you fulfill your legal obligations under the Income Tax Act and helps you avoid penalties for non-compliance.
Hassle-Free Tax Refunds: If your employer deducted excess TDS, timely ITR filing enables you to claim a refund quickly and directly credited to your bank account.
Facilitates Loan and Visa Approvals: Filed ITRs act as proof of income and are often required by banks for personal or home loans, credit cards, and during visa applications.
Carry Forward Losses: Filing your returns on time allows you to carry forward losses from house property or capital gains to future years, reducing your overall tax liability later.
Access to Government Subsidies and Schemes: Many government schemes and subsidies require proof of income, and an ITR serves as a credible document for establishing eligibility.
Creates a Financial Record for the Future: Your ITR documents act as official proof of income and help build a strong financial profile for future financial planning.
Avoids Interest and Penalties: Filing on time helps you avoid interest under Section 234A and penalties under Section 234F, ensuring compliance and peace of mind.
Form 16: Issued by your employer, it summarizes your salary details and the TDS deducted.
PAN Card: A mandatory document for filing income tax returns and linking your financial records.
Aadhaar Card: Required for identity verification and linking with your PAN.
Salary Slips: Monthly payslips help verify your income and deductions.
Bank Account Statements: Necessary for reporting interest income and validating any refunds.
Form 26AS: A tax credit statement that shows all TDS, TCS, and advance tax payments made on your behalf.
Annual Information Statement (AIS): A comprehensive summary of financial transactions reported to the Income Tax Department.
Investment Proofs: Documents for claiming deductions under sections like 80C, 80D, 24(b), etc. (e.g., LIC, PPF, ELSS, medical insurance).
Rent Receipts: Required if you are claiming HRA exemption.
Home Loan Certificates: For claiming deductions on interest paid and principal repayment.
As per Budget 2025, income up to ₹12,00,000 will have zero tax liability under the new tax regime for FY 2025-26 (AY 2026-27). The updated tax slabs are as follows:
Revised Tax Slabs & Rates
Annual Income | Tax Rate |
Up to ₹4,00,000 | NIL |
₹4,00,001 – ₹8,00,000 | 5% |
₹8,00,001 – ₹12,00,000 | 10% |
₹12,00,001 – ₹16,00,000 | 15% |
₹16,00,001 – ₹20,00,000 | 20% |
₹20,00,001 – ₹24,00,000 | 25% |
Above ₹24,00,000 | 30% |
ITR Filing Due Date: The due date to file ITR for salaried individuals (non-audit cases) is 31st July 2025.
Penalty for Late Filing: Filing after the deadline may attract a late fee of up to ₹5,000 under Section 234F of the Income Tax Act.
Due Date for Audit Cases (if applicable): In rare cases where a salaried person has additional income requiring a tax audit (like freelance or consultancy income), the due date is 31st October 2025.
Deadline for Revised Return: If any corrections are needed, a revised ITR can be filed until 31st December 2025.
–Up to ₹5,000 penalty under Section 234F for filing after July 31, 2025.
-If income is below ₹5 lakh, the penalty is ₹1,000.
Gather Necessary Documents: Collect essential documents such as Form 16, PAN, Aadhaar, salary slips, Form 26AS, bank statements, and proof of investments under Sections 80C, 80D, and other relevant sections.
Choose the Appropriate ITR Form: Most salaried individuals should opt for ITR-1 (Sahaj), unless they have additional sources of income like capital gains, foreign income, or income from multiple properties.
Access the Income Tax e-Filing Portal: Visit www.incometax.gov.in and log in using your PAN as the user ID and your password.
Download and Review Pre-Filled ITR: Download the auto-populated ITR form from the portal and verify all personal details, income figures, TDS, and deductions for accuracy.
Add Additional Income and Deductions: Manually enter any other income sources such as interest, rental income, or deductions not auto-filled.
Calculate Tax or Refund Amount: Use the portal’s tools to compute your total tax liability or refund based on the entered data.
Pay Any Outstanding Tax: If you owe additional tax, pay via Challan 280 and include the payment details in your return.
File the ITR Electronically: Review all information carefully, then submit your return through the portal.
E-Verify Your Return: Complete the verification process using options like Aadhaar OTP, net banking, bank EVC, or digital signature to finalize your filing.
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