Income tax is the taxes paid on the total income earned during the relevant financial year at the rates prescribed.

An Income tax Return is a statement of Income earned to calculate tax liability and payment or refund of taxes to the government. Thus the purpose of filing the return is to report our income and taxes paid thereon to the government. It is mandatory for individuals, NRIs, partnership firms, LLPs, Companies, Trust to file income tax returns each year. Income tax return form can be e-filed or manually filed. Nexteel Solutions Providers can help you file income tax returns.

Helps in Availing any loan facility : Whenever an individual opts for an education loan or home loan or any personal loan Banks ask for 2-3 years of Income Tax Acknowledgement. This is possible only when an individual files his return timely.
For VISA and Immigration Processing : The ITR acknowledgment works as proof of the financial soundness of an individual. The ITR acknowledgment of the last 2-3 years is required when an individual applies for a VISA.
For Claiming Refund : In case, an assessee has paid the excess of TDS, to claim such excess return, the assessee has to file its return.

Step 1 : Document Collection: A Nexteel Solutions Income Tax Expert will collect the necessary information and documents for preparation of income tax return.

Step 2 : Return Preparation: Based on the documents and information presented, we will prepare your return and send it for your approval.

Step 3 : Return Filing: Once the tax return is verified and accepted by you, our Tax expert will file your tax return with the Income Tax Department