ITR Filing

File Your ITR Right With Our CAs: Save Tax, Stay Compliant

Our CAs will handle your ITR filing from start to finish—no chatbots or AI

For ₹2,499, get ITR filing for any income type and a financial planning consultation

Post-ITR filing assistance

Request a call back

Phone Number*

+91

Our CAs will handle your ITR filing from start to finish—no chatbots or AI

For ₹2,499, get ITR filing for any income type and a financial planning consultation

Post-ITR filing assistance

Why Should You Choose 1 Finance for Your Income Tax Return (ITR) Filing?

Filing your income tax return (ITR) doesn't have to be complicated. With our expert guidance, you can file your ITR for the financial year 2024-25 without any stress. Rest assured, all your tax needs will be taken care of by us.

Filing ITR by Yourself? At Your Own Risk: You can e-file your income tax return on your own, but be cautious—one small mistake can be very costly. Sometimes, penalties for non-compliance, such as incorrectly claiming a deduction, can be way more than the cost of hiring a qualified professional. If you are unsure how to file your return, seeking help from an expert can save you time and money.

Guidance from a Qualified CA: At 1 Finance, you will get one-on-one personalised assistance from experienced Chartered Accountants who will handle your tax filing journey. We understand that it is your hard-earned money, and you will receive guidance from seasoned professionals with proven expertise in their fields—not virtual AI assistants or chatbots!

No Hidden Fees: A fixed fee of ₹2,499 for any ITR, covering all income sources, including salary, professional income, capital gains, crypto, and more.

We believe in complete transparency—no surprises or hidden costs.

Ensuring Compliance and Avoid Penalties, Interest: Tax obligations can feel overwhelming, but we have got you covered. At 1 Finance, we ensure you meet all compliance requirements set by the Income Tax Department, avoiding errors, potential penalties, and interest, so your ITR is filed correctly according to the current tax laws.

Claim All Eligible Deductions and Exemptions: Our tax experts are here to help you find all the tax exemptions and deductions you qualify for, which can lower your tax liability. With their knowledge, you can feel confident about managing your taxes. You may even discover ways to save taxes you didn’t know about before.

File ITR on Time: Filing your income tax return on time helps you avoid penalties or interest. This proactive approach ensures compliance with tax regulations and helps you maintain your financial peace of mind.

Post-ITR Filing Assistance: From e-verifying your income tax return to addressing select income tax notices, if there are any, our dedicated team of tax experts will guide you from start to finish.

Get a Financial Plan Included with ITR Filing: We believe in taking a holistic approach to your finances. When you file your ITR with 1 Finance, you will receive a financial planning consultation with our Qualified Financial Advisors (QFAs), all for just ₹2,499.

How to File ITR with 1 Finance

Pay a fixed fee of ₹2,499* for ITR filing, regardless of the type of income or ITR form.

Provide the necessary documents for a smooth and efficient ITR processing experience.

Within 72 hours, our tax experts will deliver a detailed ITR computation that compares the old and new tax regimes, recommending the option with the lowest tax liability.

Review the tax computation, and if you have any questions, feel free to reach out to our tax experts for clarification.

Approve the tax computation, and we will take care of filing your ITR.

We will manage the e-verification process for your ITR.

Get the ITR form and ITR acknowledgment via email.

*You will get a financial planning consultation from 1 Finance along with your ITR.

Who Can File ITR with 1 Finance?

If you are any of the following, you can file your income tax return (ITR) for FY 2024-25 with 1 Finance.

Salaried individuals with income from single or multiple sources.
Freelancers and other professionals who do not need to maintain books of accounts.
Taxpayers with capital gains from sale of stocks, mutual funds and real estate.
Taxpayers with capital gains from sale of cryptocurrency, and virtual digital assets.
Taxpayers with foreign income and foreign assets.
Hindu Undivided Families (HUFs).
Senior citizens with pension, rental and other income.
Non-Resident Indians (NRIs).
Anyone with income below the exemption limit who wants to file an ITR for record-keeping.
Taxpayers who want to file updated ITRs for FY 2020-21, FY 2021-22, FY 2022-23, and FY 2023-24.
Taxpayers who have already filed an ITR for FY 2024-25 but wish to file a revised ITR.
Taxpayers who missed the deadline for ITR filing for FY 2024-25 and want to file a belated ITR.

What Documents are Required to File an ITR?

The following documents are required to file an ITR:

PAN
Form 16 or salary slips for salaried employees
Form 26AS
Annual Information Statement (AIS) and Taxpayer Information Summary (TIS) of the taxpayer
TDS certificates issued by banks or other entities
Interest certificates issued by banks
Proofs of tax-saving investments
Capital gains statement/tax profit & loss statement
Details of foreign assets and income, if any

Frequently Asked Questions

What is e-filing income tax return for FY 2024-25?

An income tax return or ITR is a form that taxpayers submit to the Income Tax Department to report their income and taxes for the financial year—from April 1, 2024, to March 31, 2025. There are seven types of ITR forms—ITR-1 to ITR-7—based on the amount of income, sources of income, and categories of the taxpayer. The process of filing ITR online or electronically is known as e-filing. You can e-file your ITR through the official income tax department e-filing portal.

What is the last date for filing ITR for FY 2024-25?

The last date to file your income tax return or ITR for FY 2024-25 is July 31, 2025.

Who should file ITR for FY 2024-25?

Under the old tax regime, individuals below the age of 60 must file an income tax return if their income exceeds ₹2.5 lakh in a financial year. Senior citizens aged between 60 and 80 years are required to file an ITR if their income exceeds ₹3 lakh in a financial year. For super senior citizens aged 80 years and above, the basic exemption limit is ₹5 lakh for FY2024-25. Thus, those in this category must file an ITR if their income exceeds ₹5 lakh.

Under the new tax regime, all individuals must file an ITR if their income exceeds ₹3 lakh in a financial year.

What are the income tax slabs and rates for FY 2024-25 (AY 2025-26)?

Here are the income tax slabs and rates under the old tax regime for FY 2024-25 (AY 2025-26)

Income Tax Slabs for FY 2024-25	Tax Rates
	For Taxpayers Below 60 Years of Age	For Taxpayers Above 60 but Below 80 Years of Age	For Taxpayers Above 80 Years of Age
Up to ₹2,50,000	NIL	NIL	NIL
From ₹2,50,001 to ₹3,00,000	5%	NIL	NIL
From ₹3,00,001 to ₹5,00,000	5%	5%	NIL
From ₹5,00,001 to ₹10,00,000	20%	20%	20%
Above ₹10,00,000	30%	30%	30%

Here are the income tax slabs and tax rates under the new tax regime for FY 2024-25 (AY 2025-26)

Income Tax Slabs for FY 2024-25	Tax Rates
From 0 to ₹3,00,000	NIL
From ₹3,00,001 to ₹7,00,000	5%
From ₹7,00,001 to ₹10,00,000	10%
From ₹10,00,001 to ₹12,00,000	15%
From ₹12,00,001 to ₹15,00,000	20%
Above ₹15,00,000	30%

Do I need to file an ITR if my income is below the basic exemption limit?

Individuals are required to file an ITR if their annual income exceeds the basic exemption limit according to the Income Tax Act, 1961. However, certain conditions obligate you to file an ITR even if your income is below the basic exemption limit.

Here are the conditions that require filing an ITR:

1. Bank deposits of more than ₹50 lakh in a single account or combined across all accounts in a financial year.

2. Current account deposits (in one account or across all accounts) exceeding ₹1 crore in a financial year.

3. Annual sales turnover of above ₹60 lakh in a financial year.

4. Professional income exceeding ₹10 lakh in a financial year.

5. Electricity bills of more than ₹1 lakh in a financial year.

6. TDS/TCS exceeding ₹25,000 in a financial year.

7. Income from foreign assets or signing authority outside India.

8. Expenditure on foreign travel exceeding ₹2 lakh.

Even if you do not fall into any of the above categories and your income is below the basic exemption limit, filing a nil ITR for multiple benefits is advisable.

What are the benefits of filing an ITR?

Apart from compliance, there are multiple benefits to filing an ITR:

1. ITR serves as proof of your income in various contexts. Banks and other financial institutions may require your ITR to determine your income when you apply for a loan or buy insurance.

2. If TDS has been deducted from your income—such as from fixed deposits, salary, or interest income—you must file an ITR to claim that refund.

3. When travelling abroad for work or other purposes, you may be required to submit your ITR to process your visa.

4. You can carry forward your losses from this year to offset future gains. To avail of this benefit, you must file an ITR.

Which ITR should I file for FY 2024-25?

There are seven types of forms available for FY 2024-25: ITR-1, ITR-2, ITR-3, ITR-4, ITR-5, ITR-6, and ITR-7. The ITR that an individual should file will depend on the sources of income, the amount of income earned, and the category of taxpayers, such as individuals, Hindu Undivided Families (HUFs), or companies.

It is essential to file the correct ITR while e-filing your income tax return for FY 2024-25 to avoid interest and potential penalties later on. Qualified Financial Advisors at 1 Finance can help you select the appropriate ITR form based on your sources of income.

What are the ITR filing fees?

1 Finance charges a fixed fee of ₹2,499 for filing the ITR for FY 2024-25. There are no additional charges for filing the ITR if you have multiple sources of income, capital gains, or foreign income. There are no hidden fees, regardless of which ITR form you choose, whether it be ITR-1, ITR-2, ITR-3, or ITR-4.

For revised ITR, belated ITR, or updated ITR, the fee remains the same i.e. ₹2,499.

Along with the ITR, you will also receive a financial planning consultation from a Qualified Financial Advisor at 1 Finance.

My employer deducts TDS every month. Do I still need to file an ITR?

Yes. Even if TDS has been deducted throughout the year, you must file your ITR to report that you have paid the required tax. Both paying tax on your income and accurately reporting it in your ITR are necessary.

Can I file ITR without Form 16?

Yes, you can file your ITR without Form 16. Salaried employees can file their ITR even if they have not received Form 16 from their employer. In such cases, the TDS details can be obtained using Form 26AS, and income details can be accessed from the Annual Information Statement (AIS) and Taxpayer Information Summary (TIS).

Do I need to attach documents along with my ITR as proof?

No, individuals are not required to attach documents, such as proof of investments or TDS certificates, along with the income tax return form. However, individuals need to keep these documents safe, as they may need to produce them before the tax authority in case of tax demands or assessments.

Can I file my ITR after July 31, 2025?

Yes, you can file a belated ITR after the deadline for filing ITR for FY 2024-25, which ends on July 31, 2025. However, be aware that you must pay a penalty for filing your ITR late. Additionally, interest under Section 234A of the Income Tax Act, 1961, is payable for filing the return after the due date. You have until December 31, 2025, to file a belated ITR. In addition to the interest and penalty, certain benefits, such as the carry forward of capital losses and the ability to file a revised return, are not available if the ITR is filed late.

Tax experts at 1 Finance can assist you in filing a belated ITR.

I have filed my ITR with a CA, but there is a mistake. Can I file a revised ITR with 1 Finance?

Yes, you can file a Revised ITR for FY 2024-25 with the help of tax experts at 1 Finance. Don't worry, you can trust us to rectify the previous mistakes and file the correct details, so that you don't encounter any issues later on.

What do I need to do after filing my ITR?

The ITR filing process is incomplete if you do not verify your return, and the ITR will be treated as invalid. The Income Tax Department provides 30 days to verify your ITR.

Here's how you can e-verify your ITR:

1. Physical Submission: You can send your ITR by Speed Post or ordinary post to the following address:
CPC, Income Tax Department
Post Box No. 1
Electronic City Post Office
Bengaluru – 560500, Karnataka, India

2. Online: After e-filing your ITR, you can e-verify it through various online methods:
Aadhaar OTP (linked mobile number required)
Net Banking - Bank Account EVC
Demat Account EVC - Digital Signature Certificate (DSC)

If you file your ITR through 1 Finance, we will e-verify it on your behalf, so you won't have to worry about doing it yourself.

What is the last date to e-verify the income tax return?

The time limit for e-verification of the ITR is 30 days from the date of filing the return of income for the financial year 2024-25.

Is 1 Finance registered with the Income Tax Department to file ITR?

Yes, 1 Finance is registered as an E-Return Intermediary by the Income Tax Department to file ITR.

How much time does it take to file my ITR with 1 Finance?

Once we receive and verify your documents, our tax experts will get back to you with your tax computation within 72 hours. After you approve the ITR computation, they will proceed to file your ITR.

What should I do if I face issues after filing an ITR through 1 Finance?

1 Finance offers comprehensive support throughout the entire ITR filing process. If you encounter any issues after filing your ITR, feel free to reach out to us.

What happens if I receive a notice from the tax department?

If you get a tax notice, our team of experts will manage the entire process, assisting you to resolve the issue, ensuring your peace of mind and compliance with tax regulations.

Can I e-file ITR using the 1 Finance mobile app?

At 1 Finance, we offer one-on-one guidance from qualified professionals who will file your ITR for you. We recommend against DIY ITR filing, as it may lead to errors that could attract scrutiny from the tax department.

You can book your ITR filing appointment with a professional through the 1 Finance mobile app.