Filing your Income Tax Return (ITR) is not just a legal obligation — it’s a smart way to stay transparent, claim refunds, and build your financial history. At SKNV and Associates, we help individuals, freelancers, and businesses in Hyderabad file their ITR accurately and on time.


✅ Who Should File ITR?

 

  • Salaried individuals with income above the basic exemption limit

  • Self-employed professionals and freelancers

  • Businesses and startups (proprietorship, partnership, company)

  • NRI income earners

  • Individuals who want to claim tax refunds, carry forward losses, or apply for loans and visas


🧾 Types of ITR Forms

 

  • ITR-1 (Sahaj): Salaried individuals with income up to ₹50 lakh

  • ITR-2: For individuals with capital gains, foreign income, or multiple properties

  • ITR-3: For professionals and proprietors

  • ITR-4 (Sugam): Presumptive income scheme (for small businesses)

  • ITR-5, 6, 7: For firms, LLPs, companies, and trusts


📋 Documents Required

 

  • PAN & Aadhaar

  • Form 16 (for salaried individuals)

  • Bank statements

  • Details of investments, home loan, rent, or deductions

  • Profit & loss statement (for businesses)

  • GST returns (if applicable)