Income Tax Return Filing for Salaried Employees in Delhi – A Complete Guide by Taxgoal

Filing Income Tax Returns (ITR) is a crucial financial responsibility for salaried individuals in Delhi. If you earn a salary, have income from one house property, or other sources like interest and dividends (up to ₹50 lakhs), you likely need to file ITR-1. Taxgoal simplifies the process by assigning a personal CA to guide you, maximize tax savings, and ensure quick online filing—just upload your Form 16, and your return is processed in 5 minutes. This article covers eligibility, services, required documents, and benefits of professional ITR filing for salaried employees.

Who Needs to File ITR-1?

ITR-1 (Sahaj) is applicable for Resident Individuals with the following income sources:

  • Salary income
  • One house property (excluding losses brought forward)
  • Other sources (interest, dividends, etc.)
  • Total income up to ₹50 lakhs

Eligibility Criteria

  • Income exceeding ₹2.5 lakhs (basic exemption limit for FY 2017-18 and subsequent years).

  • Not eligible if you have:

    • Capital gains (sale of property, shares, etc.)
    • Business or professional income
    • Income from more than one house property

Why File ITR as a Salaried Employee?

Filing ITR is not just a legal obligation but also offers several benefits:

  • Loan & Visa Approvals: Banks and embassies often require ITR receipts as proof of income.
  • Tax Refunds: Claim refunds if excess TDS is deducted.
  • Carry Forward Losses: Only possible if ITR is filed on time.
  • Avoid Penalties: Non-filing can lead to fines up to ₹10,000 under Section 234F.

Services Covered by Taxgoal for Salaried ITR Filing

Taxgoal provides end-to-end assistance for hassle-free ITR filing in Delhi, including:

✅ Comprehensive Return Filing

  • Salary income
  • One house property (rental or self-occupied)
  • Other sources (interest, dividends, etc.)

✅ Expert Tax Guidance

  • Deduction optimization (Section 80C, 80D, HRA, etc.)
  • Clarifications on tax-saving investments (PPF, ELSS, NPS, etc.)

✅ Tax Computation & Review

  • Accurate tax calculation
  • Final review before filing

✅ Seamless Filing Process

  • Online submission of ITR
  • E-verification support

✅ Challan Payment Assistance

  • Help in paying any pending tax liabilities

❌ Exclusions

  • Capital gains income (property sale, stocks, mutual funds)
  • Business or freelance income

Documents Required for ITR-1 Filing

To ensure smooth processing, keep these documents ready:

Mandatory Documents

  • Form 16 (from employer) – One or multiple if you changed jobs
  • PAN Card (linked with Aadhaar)
  • Bank Account Details (Account number, IFSC code)
  • Aadhaar Card (for e-verification)

Supporting Documents (if applicable)

  • Bank Statements (for interest income verification)
  • Investment Proofs (for deductions under 80C, 80D, etc.)
    • LIC premium receipts
    • PPF/ELSS/NPS statements
    • Children’s tuition fee receipts
  • Home Loan Details (if claiming HRA or interest deduction)
  • Rent Receipts (if HRA exemption is claimed)
  • Advance Tax Payment Receipts (if any)

Step-by-Step ITR Filing Process with Taxgoal

  1. Sign Up & Upload Documents

    • Provide basic details and upload Form 16.

  2. Assigned CA Reviews Your Case

    • A dedicated CA verifies documents and computes taxable income.

  3. Tax Optimization & Final Review

    • The CA suggests deductions to minimize tax liability.

  4. Approval & Filing

    • You approve the computation, and the CA files your return.

  5. E-Verification & Acknowledgement

    • Complete the process via Aadhaar OTP or digital signature.

Common Deductions for Salaried Employees

Maximize savings by claiming these deductions:

Under Section 80C (₹1.5 lakhs)

  • EPF contributions
  • PPF, ELSS, NSC, tax-saving FDs
  • Life insurance premiums
  • Home loan principal repayment

Under Section 80D (Health Insurance)

  • Up to ₹25,000 (self/family)
  • Additional ₹25,000 (for parents)

HRA Exemption

  • Actual HRA received
  • 50% of salary (metro) or 40% (non-metro)
  • Rent paid minus 10% of salary

Home Loan Interest (Section 24)

  • Up to ₹2 lakhs on self-occupied property

Why Choose Taxgoal for ITR Filing in Delhi?

  • Expert CA Assistance: Personalized guidance for tax savings.
  • Quick & Secure Filing: Done in 5 minutes after document upload.
  • Error-Free Processing: Avoid notices due to incorrect filings.
  • Post-Filing Support: Help in case of income tax notices.

Conclusion

Filing ITR-1 is simple and mandatory if your income exceeds ₹2.5 lakhs. With Taxgoal, salaried employees in Delhi can file returns accurately, quickly, and with maximum deductions with CA Services in Delhi. Avoid last-minute hassles, upload your Form 16 today and get your ITR filed in just 5 minutes!

📞 Contact Taxgoal now for stress-free ITR filing!



Location: Delhi, India

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