At Nirola Associates, we make income tax filing simple, accurate, and hassle-free. Whether you're a salaried professional, business owner, freelancer, or senior citizen — we ensure timely filings, maximum deductions, and full compliance with Indian tax laws.
The Government of India offers two regimes — the New Tax Regime and the Old Tax Regime. Taxpayers can choose the one that benefits them most.
💡 Standard Deduction of ₹50,000 is now allowed under the new regime.
💡 Offers deductions under 80C, 80D, HRA, LTA, etc.
🔸 Who needs to file Income Tax Returns (ITR)?
Any individual with income above ₹2.5 lakh (₹3 lakh for seniors, ₹5 lakh for super seniors) must file ITR. Also applicable if you’ve made high-value transactions, want to claim a refund, or have foreign assets.
🔸 What is the due date to file ITR for FY 2024–25?
The deadline is 31st July 2025 for most individuals. For audit cases, it’s 31st October 2025.
🔸 Which regime should I choose — new or old?
It depends on your income structure and deductions. We analyze both and help you pick the best option for saving tax legally.
🔸 Can salaried employees get refunds?
Yes, if excess TDS has been deducted or you're eligible for deductions not considered in Form 16.
🔸 What if I miss the deadline?
Late filing attracts penalties up to ₹5,000 and interest on taxes due. Also, losses can’t be carried forward.
Whether it's basic filing or handling notices, Nirola Associates ensures your tax return is accurate, optimized, and on time.
👉 Contact us today to schedule your income tax consultation.
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📅 Extended Deadline Alert!
The last date to file Income Tax Returns for FY 2024–25 has been extended to September 15, 2025.
⏳ Avoid last-minute rush and penalties—file your returns today!
👉 Need assistance? We're here to help!
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