INCOME TAX RETURN 2025

Income Tax Return filing for the previous year 2025-26.

AKASH BHAYANI

6/12/20251 min read

Why Filing Your Income Tax Return (ITR) Matters ?

As the ITR filing season begins, it’s the perfect time to understand why filing your Income Tax Return is not just a legal obligation but a smart financial move. Whether you're a salaried individual, a business owner, or a startup founder, timely ITR filing offers numerous benefits—and Shri Madhavrai Associates is here to make the process seamless and rewarding.

Benefits of Filing Your Income Tax Return

  1. Legal Compliance
    Filing your ITR is mandatory if your income exceeds the basic exemption limit. Non-compliance can lead to penalties and legal consequences.

  2. Claiming Refunds
    If excess tax has been deducted from your income, filing your ITR is the only way to claim a refund.

  3. Proof of Income
    ITR serves as a valid proof of income for visa applications, loan approvals, and credit card processing.

  4. Carry Forward Losses
    Filing on time allows you to carry forward losses to future years, helping reduce your tax liability.

  5. Avoid Penalties
    Late filing attracts penalties under Section 234F. Filing before the deadline helps you avoid unnecessary fines.


How Shri Madhavrai Associates Can Help You

At Shri Madhavrai Associates, we offer expert Accounting and Tax services tailored to your needs. Here’s how we simplify your ITR filing:

  • Personalized Tax Planning to minimize your liability

  • Accurate Documentation and compliance checks

  • Quick and Hassle-Free Filing through digital platforms

  • Support for Startups with special guidance on deductions and exemptions


Why Choose Shri Madhavrai Associates?

  • Experienced Professionals with deep knowledge of Indian tax laws

  • End-to-End Support from document collection to final submission

  • Affordable Pricing with transparent service packages

  • Startup-Friendly Services including funding assistance and incorporation

  • ISO 9001 : 2015 Compliant Firm , which provides Quality Assurance

  • Highest Standards of Confidentiality, Reliability and Transperancy

    Get Started Today!

    Don’t wait until the last minute. Let Shri Madhavrai Associates handle your Income Tax Return filing with professionalism and care. Contact us today to schedule your consultation and take advantage of our limited-time discounts.