Passionate – Dedicated – Professional
Advance tax
Easy & Transparent Workflow.
Simplified process for income tax filing, advance tax calculations, audit coordination, and status tracking with tax authorities.
Complete Income Tax & Audit Support.
End-to-end services including ITR filing, tax audit assistance, report filing, and compliance management.
Accurate & Timely Compliance.
Ensure correct tax calculations, on-time ITR filing, audit submissions, and advance tax payments.
Expert Tax Advisory Support.
Get guidance from experienced tax professionals for ITR filing, audits, advance tax planning, and notice handling.
Start, Register, Succeed
In Just 3 Easy Steps
From consultation to government filing, we handle the entire registration process—fast, compliant, and tailored to your business needs.
Don’t Stress Over advance tax– Let Our Experts Handle It
Fili Your Advance Tax For The Financial Year 2024-25
Discover everything you need to know about ITR & ADVANCE TAX
IT
Advance Tax – Overview
Income Tax compliance involves accurate reporting of income, timely filing of returns,
adherence to audit requirements, and proper advance tax planning. Individuals, businesses,
and professionals must comply with these obligations to avoid interest, penalties, and
scrutiny from tax authorities.
Our services cover the complete spectrum—from Income Tax Return (ITR) filing
and tax audit assistance to advance tax calculation and payment.
With a transparent workflow and expert guidance, we help ensure smooth compliance,
optimal tax planning, and efficient handling of all income tax matters.
✓
Eligibility for Income Tax Return, Audit & Advance Tax
Income Tax compliance requirements vary based on income level, nature of business,
and type of taxpayer. The following categories of individuals and entities are
eligible and required to comply with ITR filing, tax audit, or advance tax provisions.
Individuals & Salaried Taxpayers:
Persons whose income exceeds the basic exemption limit or meet specific filing conditions.
Businesses & Professionals:
Entities earning income from business or profession, including freelancers and consultants.
Companies & LLPs:
Mandatory ITR filing irrespective of income or loss.
Tax Audit Applicable Entities:
Businesses or professionals crossing prescribed turnover or receipt thresholds.
Advance Tax Liable Taxpayers:
Any taxpayer with estimated tax liability exceeding ₹10,000 in a financial year.
Non-Residents & Special Cases:
NRIs, foreign companies, or persons with special income sources under Indian tax laws.
Important: Even if no tax is payable, filing may still be mandatory
based on income type, transactions, or statutory requirements.
📂
Documents Required for Income Tax Return, Audit & Advance Tax
Proper documentation is essential for accurate Income Tax Return filing, audit compliance,
and advance tax calculation. The following documents help ensure smooth filing and
hassle-free processing.
PAN Card:
Permanent Account Number of the taxpayer.
Aadhaar Card:
Aadhaar linked with PAN for e-verification of returns.
Bank Statements:
Statements of all active bank accounts during the financial year.
Income Proof:
Salary slips, Form 16, business income details, or professional receipts.
Form 26AS / AIS / TIS:
Tax credit statements reflecting TDS, advance tax, and other transactions.
Investment Proofs:
Details of tax-saving investments, deductions, and exemptions claimed.
Books of Accounts:
Balance sheet, profit & loss account, and ledgers (for business or audit cases).
Advance Tax & Self-Assessment Challans:
Proof of tax payments made during the year.
Audit Reports (if applicable):
Tax audit report and annexures signed by a Chartered Accountant.
Tip: Keeping documents organised and updated helps ensure accurate filing,
smooth audits, and timely advance tax compliance.
🔄
Process for Income Tax Return, Audit & Advance Tax
Income Tax compliance follows a structured process to ensure accurate reporting,
statutory compliance, and timely tax payments. Below is a simplified
step-by-step process covering ITR filing, tax audit, and advance tax obligations.
Step 1: Income Assessment
Identify all sources of income including salary, business, capital gains, and other income.
Step 2: Tax Computation
Calculate total tax liability after deductions, exemptions, and rebates.
Step 3: Advance Tax Planning
Estimate and pay advance tax instalments where applicable.
Step 4: Books Review & Audit
Prepare books of accounts and conduct tax audit if applicable.
Step 5: ITR Preparation
Prepare the appropriate ITR form with accurate disclosures.
Step 6: Return Filing
File the Income Tax Return electronically within due dates.
Step 7: Verification
Complete e-verification to validate the return filing.
Step 8: Post-Filing Support
Handle notices, rectifications, or assessments if required.
Note: Proper planning and timely compliance help avoid interest,
penalties, and unnecessary scrutiny by tax authorities.
✓
Why Choose Us?
Income tax compliance demands accuracy, timely action, and expert understanding of
evolving tax laws. We provide reliable, end-to-end support to ensure smooth
ITR filing, audit compliance, and advance tax planning.
End-to-End Tax Support:
Complete assistance from tax planning to filing, audit, and post-filing support.
Experienced Tax Professionals:
Handled by experts with in-depth knowledge of income tax and audit regulations.
Accurate & Timely Compliance:
Minimise errors, avoid penalties, and ensure all deadlines are met.
Advance Tax Planning:
Strategic tax estimation to reduce interest under Sections 234B and 234C.
Audit & Notice Support:
Assistance with tax audits, assessments, and income tax notices.
Transparent & Reliable Process:
Clear communication, regular updates, and secure handling of data.
Result: Peace of mind with compliant filings, reduced risk,
and professional tax management throughout the year.
Advance Tax – Frequently Asked Questions
Explore commonly asked questions about ITR & Audit-Advance Tax in India. Learn about the costs involved, legal formalities, and key advantages to help you make confident and informed choices.
what people are saying
Hear What Our Clients Say — Real Stories, Real Success.
★★★★★
“I got my GST and MSME registration done through INCORPIQ and it was super quick! Their team really knows how to get things done.”
Priya Mehta
Mumbai, Maharashtra
★★★★★
“INCORPIQ helped me register my sole proprietorship without any hassle. Their step-by-step guidance saved me a lot of time.”
Sahil Bansal
New Delhi
★★★★★
“Great customer service and expert legal advice. INCORPIQ handled my Shop & Establishment license within a few days!”
Divya Rajan
Kochi, Kerala
★★★★★
“INCORPIQ has a very professional team. They helped me understand the compliance requirements clearly and were always approachable.”
Amit Dubey
Bhopal, Madhya Pradesh
★★★★★
“Very smooth process! INCORPIQ took care of everything, including opening my current account. Highly recommended.”
Kiran Suresh
Bengaluru, Karnataka