Comprehensive Direct Tax & Compliance Services

We ensure accurate computation of total income, optimum selection between Old vs New Tax Regimes, and hassle-free refund tracking into your pre-validated bank account.

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ITR Filing for Salaried Individuals (ITR-1 & ITR-2)

Full reconciliation of Form 16, Form 26AS, and AIS/TIS. Accurate claiming of HRA, LTA, Standard Deduction, Section 80C, 80D (health insurance), and home loan interest (Section 24b). We help salaried employees choose the most tax-efficient regime to minimize tax liability.

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Business & Professional Return (ITR-3 & ITR-4 Presumptive)

For retailers, wholesale traders, distributors, contractors, doctors, lawyers, and freelance consultants. We advise on Presumptive Taxation under Section 44AD / 44ADA to save you the expense of extensive audits, ensuring your declared income supports bank loan approvals.

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Capital Gains on Property, Shares & Mutual Funds

Sold land, residential property, equity shares, or mutual funds in Bihar? We compute Short-Term and Long-Term Capital Gains (STCG/LTCG), advise on cost inflation indexation, and guide on tax exemption investments under Section 54, 54EC bonds, and 54F.

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Statutory Tax Audit under Section 44AB (Form 3CA / 3CB & 3CD)

Comprehensive tax audit assistance for entities crossing the statutory turnover limits. Preparation of audited balance sheets, profit & loss statements, depreciation schedules, and filing of Form 3CD particulars well before the September 30 audit deadline.

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Notice Defense, 143(1) Intimation & Rectification (Sec 154)

Received an unexpected tax demand, adjustment in 143(1), defective return notice under Section 139(9), or high-value cash deposit inquiry? We prepare factual rectifications, file revised/updated returns (ITR-U), and represent your case on the e-filing portal.

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Advance Tax Calculation & TDS Return Filing (Form 24Q, 26Q)

Quarterly advance tax computation to protect you from heavy interest penalties under Section 234B & 234C. Also assist businesses in deducting TDS on contractor payments, professional fees, and rent, and filing quarterly TDS statements (Form 24Q/26Q).

Consult Purnia's Top Tax Practitioner

Submit your details below for a free preliminary evaluation of your tax profile, deduction opportunities, and a transparent custom fee quote.

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Direct Consultant Helpline

Uday Kumar Gupta: +91 9955473647

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Visit Our Purnea Office

Near Harsha Hotel, Zila School Road, Purnia, Bihar - 854301

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Income Tax & Audit FAQs in Bihar

Answers to common tax queries for residents and businesses in Purnia.

What documents are required to file ITR for salaried employees?

Salaried individuals need Form 16 issued by their employer, Annual Information Statement (AIS) / Form 26AS, bank statements for the financial year, PAN card, Aadhaar card, and investment proof for deductions under 80C, 80D, 80G (if opting for the Old Tax Regime).

Can small business owners file ITR without maintaining elaborate balance sheets?

Yes. Under the Presumptive Taxation Scheme of Section 44AD (for traders and small businesses with turnover up to โ‚น3 Crores) or Section 44ADA (for professionals with gross receipts up to โ‚น75 Lakhs), income can be declared at a prescribed percentage (6% to 8% for business, 50% for professionals) without maintaining complex books of accounts.

When is a Tax Audit under Section 44AB mandatory for businesses in Bihar?

A tax audit is mandatory if the annual gross turnover of a business exceeds โ‚น1 Crore (or โ‚น10 Crores where cash receipts and cash payments do not exceed 5% of aggregate transactions). For professionals, audit is mandatory if gross receipts exceed โ‚น50 Lakhs.

How does Akanksha Tax Services help with Income Tax Scrutiny Notices?

Our senior tax consultant Uday Kumar Gupta reviews intimations received under Section 143(1), defective return notices under Section 139(9), or scrutiny notices under Section 142(1)/148. We draft detailed factual submissions, reconcile AIS/TIS discrepancies, and file online responses on the e-filing compliance portal.

What is the fee for filing Income Tax Return in Purnia?

Our ITR filing fees depend on the complexity of your income sources (Salaried ITR-1, Presumptive Business ITR-4, Capital Gains ITR-2, or Audited Business ITR-3/5). We provide transparent, custom fee quotations. Contact us directly on WhatsApp for an immediate quote.