Nirola Associates
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Nirola Associates
Home
Contact Us
About Us
FAQs
GST
Income Tax
More
  • Home
  • Contact Us
  • About Us
  • FAQs
  • GST
  • Income Tax
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  • About Us
  • FAQs
  • GST
  • Income Tax

Expert Income Tax Services

 

Income Tax Filing & Advisory


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.


✅ Our Income Tax Services


  • PAN-based ITR Filing (ITR-1 to ITR-7)
     
  • Income Tax Return for Salaried Individuals
     
  • Filing for Businesses, Professionals & Freelancers
     
  • Filing for Senior Citizens & Pensioners
     
  • Tax Saving & Planning Advice
     
  • TDS Returns (Form 24Q, 26Q, etc.)
     
  • Advance Tax, Refund Claims & Form 16 Support
     
  • Assistance with Tax Notices, Scrutiny & Appeals
     

🧾 Latest Income Tax Slabs (FY 2024–25)


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.


📌 New Tax Regime (Default for FY 2024–25)


  • Up to ₹3 lakh – 0%
     
  • ₹3,00,001 to ₹6 lakh – 5%
     
  • ₹6,00,001 to ₹9 lakh – 10%
     
  • ₹9,00,001 to ₹12 lakh – 15%
     
  • ₹12,00,001 to ₹15 lakh – 20%
     
  • Above ₹15 lakh – 30%
     

💡 Standard Deduction of ₹50,000 is now allowed under the new regime.


📌 Old Tax Regime (Optional)


  • Up to ₹2.5 lakh – 0%
     
  • ₹2,50,001 to ₹5 lakh – 5%
     
  • ₹5,00,001 to ₹10 lakh – 20%
     
  • Above ₹10 lakh – 30%
     

💡 Offers deductions under 80C, 80D, HRA, LTA, etc.


❓ Frequently Asked Questions (FAQs)


🔸 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.


📞 Need Help With Your ITR?


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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Important Reminder

 

⚠️

📅 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!

Contact Us Now

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