ITR Preparation — accurate workings before every submission.

ITR preparation is the engine behind every successful tax filing. Before a return can be submitted, someone must gather the documents, verify the numbers in the Annual Information Statement, compute the income under each head, apply the correct deductions and exemptions, calculate the tax liability under both old and new regimes, verify TDS credits, compute any outstanding advance tax or self-assessment tax, and populate every mandatory schedule in the correct format. When done by a Chartered Accountant, this process surfaces issues that self-filing typically misses — missed income, overclaimed deductions, misclassified gains, and AIS discrepancies.

The Income Tax portal's pre-filling facility creates an illusion of simplicity — it auto-populates salary, TDS, and some interest figures from Form 26AS. But it does not pre-fill capital gains correctly, it does not compute deductions, it does not choose between old and new regime, it does not handle foreign income, and it does not flag entries in the AIS that the taxpayer has not accounted for. Accepting pre-filled data without verification is one of the most common causes of Section 143(1) adjustments.

NDS Advisors prepares income tax returns for every category of taxpayer — from salaried individuals to NRIs, from sole proprietors to companies. Our preparation process includes a full document review, a line-by-line AIS reconciliation, schedule-by-schedule workings, regime optimisation, and a draft return presented for client approval before filing. Every computation is documented and retained on file.