ITR Filing for Salaried Employees  | TaxBuddy

ITR filing charges for salaried employees with TaxBuddy depend on the service plan you choose:

• DIY Filing (Do-It-Yourself): Starts at ₹699 for Salary + 1 House Property.

• Expert-Assisted Filing: Starts at ₹999 for Salary + 1 House Property and ₹1,099 for Salary + More than 1 House Property.

Note: 18% GST applies to the base plan price. Additional charges may apply for more complex returns, such as capital gains or multiple employers.

Once you upload your documents to TaxBuddy, ITR filing is typically completed in 3 minutes. You’ll receive an instant acknowledgment of your ITR filing, ensuring a fast and seamless process.

To file your ITR, you will need the following documents:

• Form 16: Provided by your employer, it summarizes your salary, TDS deductions, and other relevant details.

• Salary Slips: If you don't have Form 16, you can use salary slips as an alternative.

• Bank Statements: To report any additional income from interest, dividends, or other sources.

• Investment Proofs: For claiming deductions under 80C, 80D, etc., like PF, insurance, or tuition fees.

• PAN Card and Aadhaar details for identity verification.

Yes, you can file your ITR without Form 16. If you don’t have Form 16, TaxBuddy allows you to file using salary slips, income certificates from your employer, or any other income proof you have. Our team will help you accurately report your income and claim deductions.

The standard deadline for filing ITR for salaried employees is 31st July of the assessment year. If you miss the deadline, you can still file a belated return. However, penalties and interest may apply for late filings. TaxBuddy helps you file your returns even after the deadline to minimize penalties.

If you miss the filing deadline, you can still file your return as a belated return. However, penalties and interest will apply. The penalty for belated filing depends on when you file your return after the deadline. TaxBuddy assists you with the belated return filing and helps minimize the financial impact.

Yes, as a salaried employee, you are eligible to claim deductions for various expenses under Section 80C (e.g., PPF, life insurance premiums), 80D (for health insurance), and other sections like 80G (for charitable donations). TaxBuddy will help you maximize your tax savings by ensuring you don’t miss out on any eligible deductions.

ITR-1 is the simplest form used by salaried employees who have income from salary, house property, and other sources (such as interest income). If your income falls within these categories, ITR-1 is the right form. TaxBuddy ensures that the right form is filed based on your income type and helps with other forms like ITR-2 if needed.

• ITR-1: For salaried employees with income from salary, one house property, and other sources.

• ITR-2: For salaried employees with capital gains, income from multiple house properties, or income from sources other than salary. If you earn from freelancing or business, ITR-3 might be required.

TaxBuddy will help determine the correct form for you based on your income sources.

​You can still file your ITR without Form 16 by submitting your salary slips, bank statements, or an income certificate from your employer. TaxBuddy will ensure your return is filed accurately and in compliance with tax laws, using alternative documents.

We use bank-level encryption to secure your sensitive data during the ITR filing process. TaxBuddy is fully compliant with data protection regulations, ensuring your personal and financial information remains confidential and protected.

If you have income from multiple sources like salary, freelance work, capital gains, or interest, we will help you file the appropriate form (e.g., ITR-2 or ITR-3). TaxBuddy ensures that all income is correctly reported and that you maximize deductions and exemptions.

Yes, if excess tax has been deducted from your salary, filing your ITR will allow you to claim a refund. TaxBuddy helps you track your refund status and ensures the process is completed smoothly.

Once your ITR is filed, you’ll receive an instant acknowledgment. TaxBuddy will assist you in tracking your tax refund until it is credited to your bank account. You can also check the status directly on the Income Tax Department portal.

No, you don’t need a dedicated accountant. TaxBuddy provides expert assistance throughout the filing process. Our professionals ensure that your ITR is accurate, optimized for deductions, and filed on time.