Sharma Associates — Tax Consultants & Advocates, Bangalore

Sharma Associates

Income Tax Services in Bangalore

Complete Income Tax Solutions for Individuals, Businesses & NRIs

Overview

Income tax compliance is an annual obligation for every earning individual and business entity in India. From salaried employees filing their ITR to corporates managing advance tax, TDS obligations, and navigating complex scrutiny assessments — the Income Tax Act 1961 demands precision and timely action. Sharma Associates offers end-to-end income tax services in Bangalore: filing, planning, notice response, and litigation support before the ITAT.

All ITR Forms

ITR-1 through ITR-7 for individuals, HUFs, firms, companies, trusts and LLPs.

Tax Planning

Legally minimise your tax burden through structured investments, deductions and exemptions.

Notice Handling

Expert response to IT department notices — scrutiny, demand, defective return and more.

Tribunal Appeals

ITAT representation for contested assessments and tax disputes.

Need Help with Income Tax?

Free initial consultation — we respond within hours.

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Need Help with Income Tax?

Our income tax experts are ready to help. Call or WhatsApp for a free consultation.

Frequently Asked Questions

Who must file an income tax return in India?
Any individual with gross income above the basic exemption limit must file an ITR. Additionally, companies, LLPs, firms, and trusts must file regardless of income. Certain individuals must also file if they have foreign assets, high bank deposits, or professional income above threshold.
What are the ITR filing deadlines?
For individuals (non-audit cases): 31st July. For businesses/audit cases: 31st October. Belated returns can be filed up to 31st December of the assessment year with a late fee under Section 234F.
What happens if I don't file my ITR on time?
Late filing attracts penalty up to ₹5,000 (₹1,000 if income ≤ ₹5 lakhs), interest on unpaid tax, loss of ability to carry forward losses, and potential scrutiny.
Can you handle income tax notices?
Yes. We handle all types — scrutiny u/s 143(2), demand notices u/s 156, defective return notices u/s 139(9), show cause notices u/s 148 (reassessment), and TDS correction notices.

Have a Specific Situation?

Describe your requirement and our experts will get back to you the same day.