--- title: "ITR Filing — Salaried Individuals" url: https://www.anukram.in/itr-individual.html description: "ITR-1/ITR-2 filing for salaried individuals at ₹999 for AY 2026-27. Form 16 processing, HRA, 80C/80D deductions, new vs old regime comparison. Expert-led service." updated: 2026-10-04 source: Anukram, Hyderabad (anukram.in) license: Free to read, quote and cite with a link to anukram.in. General information, not professional advice. --- Income Tax # ITR Filing — Salaried Individuals FY 2025-26 (AY 2026-27). ITR-1 or ITR-2 filed with Form 16 processing, deduction optimisation, and new vs old regime comparison. Deadline: 31st July 2026. Anukram price ₹999 Others charge ₹2,499+ You save ₹1,500+ [WhatsApp us →](https://wa.me/919631526999?text=Hi+Anurag,+I+need+ITR+filing+for+individual+salaried.) ## Why File Your ITR on Time? ITR filing is not just about compliance — it is your financial identity document for loans, visas, and credit applications. 01 ### Claim Your TDS Refund Employer deducts TDS based on estimated income. Filing ITR with actual deductions (80C, 80D, HRA) often results in a refund — sometimes ₹5,000 to ₹30,000+. 02 ### Required for Loans and Visas Banks, embassies, and landlords ask for 2–3 years of ITR acknowledgements. A missing ITR creates delays or rejections in critical life applications. 03 ### New vs Old Regime — We Compute Both We calculate your tax under both regimes and recommend which saves you more. For most salaried individuals with HRA and 80C investments, this makes a real difference. 04 ### AIS Mismatch Protection The Income Tax department's AIS captures every bank transaction. Filing a correct ITR that matches AIS prevents scrutiny notices and interest demands. ## Legal Framework ITR filing for individuals is governed by the Income Tax Act 1961 with form selection based on income sources. **Income Tax Act 1961, Section 139(1):** Every person whose total income exceeds the basic exemption limit (₹2.5 lakh under old regime; ₹3 lakh under new regime for individuals below 60 years) must file an ITR before the due date — 31st July of the assessment year for non-audit cases. **ITR-1 (Sahaj):** For resident individuals with total income up to ₹50 lakh from salary, one house property, and other sources (interest, dividends). Cannot be used if capital gains exist. **ITR-2:** For individuals with income from capital gains, more than one house property, foreign income or assets, or total income above ₹50 lakh. Also used for directors and shareholders of unlisted companies. ## Filing Process We handle everything from Form 16 processing to e-verification — typically completed in 2 to 3 days. 1 ### Collect Form 16 from Employer Form 16 Part A (TDS details) and Part B (salary breakup) is the primary document. Collected from your employer — usually available by June 15. 2 ### Download AIS and TIS from IT Portal Annual Information Statement (AIS) and Taxpayer Information Summary (TIS) are downloaded to verify all income and TDS reported against your PAN. 3 ### Reconcile TDS with Actual Income TDS in Form 26AS is matched against Form 16. Any discrepancy — like TDS credited to wrong PAN or missing TDS — is identified and resolved. 4 ### Compute Eligible Deductions All deductions are computed — 80C (LIC, PPF, ELSS up to ₹1.5L), 80D (health insurance), HRA exemption, standard deduction ₹75,000, and others. 5 ### Compare New vs Old Regime Tax liability under both regimes is computed. We recommend the regime that results in lower tax or higher refund for your specific income profile. 6 ### File ITR and Verify ITR is filed on the income tax portal and e-verified using Aadhaar OTP or EVC. ITR-V acknowledgement is sent to your email. ## Documents Required Typically just Form 16 and investment proofs — most other data we pull from the IT portal directly. - Form 16 Part A and Part B from employer - PAN card and Aadhaar card - Bank account details (account number and IFSC) - Investment proof — 80C: LIC premium receipts, PPF passbook, ELSS statements - Health insurance premium receipts (80D) - HRA rent receipts and landlord PAN (if rent above ₹1L/year) - Interest certificates from bank FDs - Income tax portal login credentials (or PAN + Aadhaar for OTP access) ## Timeline Typically filed in 2–3 days. Deadline for AY 2026-27 is 31st July 2026. Day 1 Documents Shared Day 1–2 Computation Done Day 2–3 Filed + Verified 31 Jul 2026 Deadline ## Benefits & Risks ### Benefits of Filing on Time - Avoid late filing fee — ₹5,000 (₹1,000 if income below ₹5L) - TDS refund processed faster for on-time filers - ITR acknowledgement needed for visa, home loan, credit card - Carry forward capital losses (only if filed on time) - Regime selection optimised — often saves ₹10,000–30,000+ ### Risks of Not Filing - Late filing fee ₹5,000 under Section 234F - Interest u/s 234A/B/C on unpaid or short-paid tax - Prosecution for willful non-filing (income above ₹5L) - AIS mismatch notices from IT department for unreported income - TDS refund permanently forfeited if not claimed within time ## Related Services [ITR for Business & Professionals₹1,499](https://www.anukram.in/itr-business.html) [ITR with Capital Gains ₹1,499](https://www.anukram.in/itr-capital-gains.html) [Income Tax Calculator Free Tool](https://www.anukram.in/tools/income-tax-calculator.html) ## Ready to file your ITR for FY 2025-26? WhatsApp Anurag with your Form 16. Filed and verified in 2–3 days — well before the 31st July deadline. [WhatsApp us → ₹999 flat](https://wa.me/919631526999?text=Hi+Anurag,+I+need+ITR+filing+for+individual+salaried.) > Anukram professional fee: INR 999. Government fees, stamp duty and taxes are extra where applicable. Contact: WhatsApp +91 96315 26999. --- Page: https://www.anukram.in/itr-individual.html Contact: WhatsApp +91 96315 26999 | hello@anukram.in | Hyderabad, Telangana, India