Which ITR form do I need to file?

ITR-1 (Sahaj) is for salaried individuals with income up to Rs 50 lakh. ITR-2 is for capital gains or foreign income. ITR-3 is for business/profession income. ITR-4 (Sugam) is for presumptive income under Section 44AD/44ADA. Your CA on Finamize will determine the correct form.

What is the deadline for filing ITR?

For individuals without audit, the due date is July 31st. For audit cases, October 31st. Belated returns can be filed until December 31st with a late fee under Section 234F.

How much does CA-assisted ITR filing cost?

Fees vary based on complexity. Each CA on Finamize sets their own fees, displayed transparently on their profile. Finamize does not charge any commission on professional fees.

What happens if I miss the July 31 deadline?

You can file a belated return under Section 139(4) until December 31. You will face a late fee of Rs 5,000 under Section 234F (Rs 1,000 if income is below Rs 5,00,000), interest under Section 234A at 1% per month, and you lose the ability to carry forward certain losses.

How does Finamize verify my CA's ICAI membership?

Every CA's ICAI membership number is cross-checked against the Institute of Chartered Accountants of India's public database. We verify membership status, Certificate of Practice validity, and check for disciplinary actions. Verification is refreshed periodically.

Should I choose the old or new tax regime?

If your total deductions exceed approximately Rs 3.75 lakh, the old regime is usually better. Your CA runs a side-by-side comparison based on your actual income and deductions. From AY 2024-25, the new regime is the default — you must explicitly opt out.

Online ITR Filing by Expert CAs | Finamize

File your Income Tax Returns accurately and on time with ICAI-registered Chartered Accountants. From salaried individuals to business owners, get expert assistance for every ITR type.

Overview

Filing your Income Tax Return is not just a legal obligation — it is the foundation of your financial identity in India.

Filing your Income Tax Return is not just a legal obligation — it is the foundation of your financial identity in India. The correct ITR form, accurate computation of deductions, and timely e-verification can mean the difference between a smooth assessment and a demand notice from the Income Tax Department. With both Old and New tax regimes available, choosing the wrong one can cost you Rs 50,000 or more annually.

Finamize connects you with ICAI-registered Chartered Accountants who handle every aspect of the ITR filing process. From determining whether you need ITR-1 (Sahaj) for salary income up to Rs 50 lakh or ITR-3 for business and professional income, to reconciling your Form 26AS and Annual Information Statement (AIS) before submission, your CA ensures nothing is missed. Documents are shared through an encrypted vault — not over WhatsApp or email — and your CA runs a side-by-side Old vs New regime comparison based on your actual deduction profile.

Every CA on Finamize has their ICAI membership independently verified. You can compare professionals by specialisation, rating, location, and fee structure before connecting. E-verification via Aadhaar OTP is tracked through filing to acknowledgement, and you can monitor your refund status directly from your dashboard.

ITR TYPES SUPPORTED

₹5,000

LATE FILING PENALTY

100%

ICAI VERIFIED CAS

24-48hrs

TYPICAL TURNAROUND

Why Finamize

Why Choose Finamize

ICAI-Verified Professionals

Every CA on Finamize has their ICAI membership verified. Your taxes are handled by qualified, licensed professionals — not generic tax prep services.

Timely Filing Before Deadlines

Get automated reminders for July 31st and other due dates. Your CA tracks deadlines for ITR, revised returns, and belated returns so nothing slips through.

Maximum Deductions Claimed

Your CA reviews all eligible deductions under Section 80C, 80D, HRA, LTA, and more. Most clients save significantly more than the professional fee.

All ITR Types Supported

Whether you need ITR-1 for salary income, ITR-2 for capital gains, ITR-3 for business income, or ITR-4 for presumptive taxation — we have CAs who specialise in each.

Secure Document Sharing

Upload Form 16, bank statements, and investment proofs through an encrypted vault. No WhatsApp forwards, no email attachments — everything stays organised and secure.

Direct Communication

Chat directly with your CA through the platform. Ask questions about your tax situation, get clarification on deductions, and track filing progress in real time.

How It Works

Get Started in 4 Steps

Find Your CA

Browse verified Chartered Accountants on the Finamize marketplace. Filter by specialisation, rating, and location to find the right fit.

Upload Documents

Share your Form 16, bank statements, investment proofs, and other documents securely through the platform's document vault.

Review & Approve

Your CA prepares the return, computes tax liability, and shares a summary for your review. You approve before filing.

Filed & Acknowledged

Your CA files the return with the Income Tax Department and shares the acknowledgement number. Track status anytime from your dashboard.

Platform Features

What You Get

Bulk ITR Queue for CAs

CAs managing 100+ clients can use batch processing to handle multiple returns efficiently during peak season.

Deadline Tracking Dashboard

Automated reminders for July 31 (non-audit), October 31 (audit cases), and December 31 (belated returns) with countdown timers.

Auto Tax Computation

Pre-filled computation from uploaded Form 16 and investment declarations, with old vs new regime comparison.

AIS/TIS Reconciliation

Your CA cross-checks your Annual Information Statement and Taxpayer Information Summary against your declared income before filing.

Acknowledgement Tracking

ITR-V acknowledgement number stored in your dashboard with direct link to check refund status on the Income Tax portal.

Revision Filing Support

Your CA can file a revised return under Section 139(5) before the end of the assessment year if errors are found post-filing.

Multi-Year Filing

Your CA can handle belated and updated returns for up to 2 preceding assessment years.

Regulatory Framework

Income Tax Filing Requirements in India

Under Section 139(1) of the Income Tax Act, 1961, every individual whose gross total income exceeds Rs 2,50,000 (Rs 3,00,000 for senior citizens, Rs 5,00,000 for super senior citizens) must file an ITR.

Late filing under Section 234F attracts a penalty of Rs 5,000 (Rs 1,000 if total income is below Rs 5,00,000). Interest under Section 234A applies at 1% per month on outstanding tax.

The New Tax Regime (Section 115BAC) is the default from AY 2024-25 onwards. Taxpayers must explicitly opt for the Old Regime if they wish to claim deductions under 80C, 80D, HRA, etc.

Form 26AS and the Annual Information Statement (AIS) must be reconciled before filing to avoid mismatches that trigger notices under Section 143(1).

E-verification via Aadhaar OTP, net banking, or DSC must be completed within 30 days of filing, failing which the return is treated as invalid.

Updated returns under Section 139(8A) can be filed within 24 months from the end of the relevant assessment year, subject to additional tax of 25-50%.

FAQ

Frequently Asked Questions

Find a CA for ITR Filing

Browse ICAI-verified Chartered Accountants specialising in income tax return filing. Compare ratings, reviews, and fees to find the right professional.