Income Tax Filing Assistant
Upload your actual tax documents — Form 16, 26AS/AIS, broker statements — and AI extracts every figure, computes your tax under both regimes, and tells you your final refund or payable, plus the exact ITR form to file. The form finder, document checklists and filing guide below are free reference — no AI needed.
1Your income sources
Select everything that applies — we'll tell you the right ITR form and exactly which documents to upload.
2Upload your documents
Form 16 · Form 26AS · AIS · broker capital-gains statement · interest certificates
PDF / JPG / PNG · max 8 files · 8 MB each
3AI tax calculation
📄 Documents read
💰 Income extracted
🧾 Taxes already paid
⚖️ Old vs New regime
📋 Your ITR form
❓ Missing / would improve accuracy
⚠️ Warnings
👉 Your next steps
Quick answer — by situation
| Your situation (AY 2026-27) | File |
|---|---|
| Salary only (≤ ₹50L), one house, some FD interest | ITR-1 |
| Salary + sold mutual funds / shares (LTCG > ₹1.25L or any STCG) | ITR-2 |
| Salary + equity LTCG within ₹1.25 lakh (nothing else) | ITR-1 |
| Salary + F&O or intraday trades (even at a loss) | ITR-3 |
| Freelancer / consultant using presumptive 44ADA (≤ ₹50L) | ITR-4 |
| Small shop / trader using presumptive 44AD | ITR-4 |
| Crypto gains (any amount) | ITR-2 |
| NRI with Indian income | ITR-2 |
| Two house properties (any rent) | ITR-2 |
| Company director / unlisted shares / ESOPs of a startup | ITR-2 |
| Business income + capital gains together | ITR-3 |
🟢 ITR-1 (Sahaj)
The simple form — most salaried people with income up to ₹50 lakh.
✓ For you if:- Resident individual (not HUF, not NRI)
- Total income up to ₹50 lakh
- Salary or pension income
- ONE house property (no brought-forward loss)
- Other sources: savings/FD interest, family pension, dividend
- LTCG on listed equity/MF u/s 112A up to ₹1.25 lakh (allowed from AY 2025-26)
- Agricultural income up to ₹5,000
- Any short-term capital gains, or LTCG above ₹1.25 lakh
- Crypto / virtual digital assets
- More than one house property
- Director in a company, or unlisted equity shares held
- Foreign assets / foreign income
- Business or professional income (incl. F&O, intraday)
🔵 ITR-2
Individuals/HUFs with capital gains or complex income — but NO business income.
✓ For you if:- Everything ITR-1 covers, plus:
- Capital gains — shares, mutual funds, property (any amount)
- Crypto / VDA gains taxed as capital gains
- More than one house property
- Total income above ₹50 lakh
- Director, unlisted shares, ESOPs of unlisted cos
- Foreign assets / foreign income (Schedule FA)
- NRIs and RNORs
- Agricultural income above ₹5,000
- Any business or professional income — F&O trading, intraday (speculative), freelancing, partner's share from a firm → ITR-3
🟠 ITR-3
Anyone with business/professional income — includes F&O and intraday traders.
✓ For you if:- Business or professional income (proprietorship, freelancing, consulting)
- F&O trading (non-speculative business) and intraday (speculative business)
- Partner in a partnership firm (remuneration/interest/share)
- Everything ITR-2 covers can also be reported here alongside
- Books of account / audit cases (turnover above limits)
- If your only business income is presumptive and total income ≤ ₹50 lakh — the shorter ITR-4 is easier
🟣 ITR-4 (Sugam)
The short form for small businesses/professionals on presumptive tax.
✓ For you if:- Resident individual/HUF/firm (not LLP), total income up to ₹50 lakh
- Presumptive business u/s 44AD (turnover up to ₹2 cr; ₹3 cr if ≥95% digital receipts)
- Presumptive profession u/s 44ADA (gross receipts up to ₹50 lakh; ₹75 lakh if ≥95% digital)
- Goods transport u/s 44AE (up to 10 vehicles)
- Plus salary, one house property, interest — and LTCG u/s 112A up to ₹1.25 lakh
- Director, unlisted shares, foreign assets, more than one house property
- Capital gains beyond the ₹1.25 lakh 112A allowance, crypto
- If you want to declare profit LOWER than the presumptive rate (books + ITR-3 + possible audit)
ITR-5 (firms/LLPs/AOPs), ITR-6 (companies) and ITR-7 (trusts, charitable institutions) are for non-individual entities and are out of scope for this personal-filing guide. Still unsure? Select your income sources in the AI Analyzer — it recommends the form instantly, and confirms it from your actual documents after analysis.
🗂️ Everyone needs
- Form 26AS (tax credit statement)
- AIS / TIS (Annual Information Statement)
- PAN + Aadhaar (linked)
- Bank account details (pre-validated for refund)
- Last year's filed ITR / computation (carried-forward losses, regime history)
Form 26AS: e-filing portal → e-File → Income Tax Returns → View Form 26AS. AIS: portal → AIS tile. Both download as password-protected PDFs — the analyzer can decrypt them if you give the password.
💼 Salary or pension
- Form 16 (from each employer)
- Salary slips (if no Form 16)
🏢 Changed jobs / two employers
- Form 16 from BOTH employers
🏦 Bank / FD interest
- Bank interest certificates
- Form 26AS / AIS
📈 Sold shares or mutual funds
- Broker capital-gains / tax P&L statement
- CAMS or KFintech capital-gains statement (for MFs)
- Last year's ITR (if you have capital losses to carry forward)
⚡ F&O or intraday trading
- Broker F&O + intraday P&L statement
- Bank statement
- Last year's ITR (brought-forward business losses set off against this year's trading profits)
🏠 Rental income / 2nd house
- Rent received details
- Municipal tax receipts
- Home-loan interest certificate
🧑💻 Freelance / business income
- Income & expense summary or books
- GST returns (if registered)
- Bank statement
🪙 Crypto / virtual digital assets
- Exchange transaction + TDS statement (Schedule VDA)
🌏 Foreign income or assets
- Foreign broker/bank statements (Schedule FA)
- Tax-residency details
✈️ NRI (non-resident)
- NRO/NRE interest certificates
- Indian income details
Filing your return on incometax.gov.in — step by step
📅 Due dates — AY 2026-27
| Salaried / non-audit taxpayers Standard due date for AY 2026-27 — check the portal for any CBDT extension. | 31 July 2026 |
| Businesses requiring audit Tax-audit report (Form 3CA/3CB-3CD) due 30 September 2026. | 31 October 2026 |
| Transfer-pricing cases | 30 November 2026 |
| Belated or revised return Belated = filed late (with fee); revised = corrects an already-filed return. | 31 December 2026 |
| Updated return (ITR-U) Up to 48 months after the AY ends, with 25–70% additional tax. | 31 March 2031 |
🚫 Miss the deadline — what it costs
| Late-filing fee — Sec 234F Charged automatically on belated returns. | ₹5,000 (₹1,000 if total income ≤ ₹5 lakh) |
| Interest — Sec 234A From the due date until you file. | 1% per month on unpaid tax |
| Interest — Sec 234B/234C If advance tax paid is short of 90% (234B) or instalments were missed (234C). | 1% per month |
| Losses lapse Capital/business losses (except house-property loss) cannot be carried forward if the return is filed after the due date. | Carry-forward denied |
| Late e-verification E-verify within 30 days of submission — else the filing date resets (condonation needed). | Return treated as not filed |
Frequently asked questions
Which ITR form should a salaried person with some stock sales use?
If your listed-equity LTCG is within ₹1.25 lakh and you have no STCG, ITR-1 still works from AY 2025-26 onwards. Any STCG, LTCG above ₹1.25 lakh, or F&O/intraday activity moves you to ITR-2 (capital gains) or ITR-3 (F&O/intraday).
Is the new tax regime the default for AY 2026-27?
Yes. For FY 2025-26 income the new regime applies unless you opt out in the return. New-regime slabs: 0–4L nil, 4–8L 5%, 8–12L 10%, 12–16L 15%, 16–20L 20%, 20–24L 25%, above 24L 30% — with a ₹60,000 Sec 87A rebate making income up to ₹12 lakh tax-free (₹12.75 lakh for salaried after the ₹75,000 standard deduction).
What documents does the AI analyzer need?
Form 16 alone is enough for a salary-only case. Add Form 26AS or AIS for TDS reconciliation, bank interest certificates, and your broker's capital-gains statement if you sold shares or mutual funds. PDFs and photos both work.
Are my uploaded documents stored?
No. Documents are processed in memory, sent once to our AI provider for extraction, and discarded when the request completes. We log only anonymous usage metadata (file count, processing time) — never the documents or your PAN.
Why is my AIS/26AS PDF asking for a password?
Income-tax PDFs are password-protected. AIS: PAN (lowercase) + date of birth DDMMYYYY. Form 26AS from TRACES: date of birth DDMMYYYY. Enter the password in the analyzer's password box and we decrypt it in memory.
Old regime or new regime — which saves more tax?
It depends on your deductions. Roughly: if 80C + 80D + HRA + home-loan interest exceed ₹4–4.5 lakh on higher salaries, the old regime can win; otherwise the new regime usually does. The analyzer computes both regimes from your actual documents and shows the exact difference.
What is the difference between Form 16, Form 26AS and AIS?
Form 16 is your employer's salary + TDS certificate. Form 26AS is the tax department's ledger of all TDS/TCS and taxes deposited against your PAN. AIS is broader — it adds interest, dividends, share/MF transactions and other reported financial information. Your return must be consistent with all three.
When will I get my refund?
Usually 1–5 weeks after e-verification, credited to your pre-validated bank account. Delays are commonly due to non-validated accounts or mismatches with AIS/26AS.
Can this replace a Chartered Accountant?
For straightforward salary/interest/capital-gains returns it gives you a CA-style computation to file yourself. For audits, business books, notices, or foreign-asset complexity, use a professional — and treat our output as a well-prepared starting point.
Is this tax advice?
No — it is AI-assisted information for education and preparation. Figures are extracted by an AI model and can contain errors; verify against your documents and the e-filing portal's computation before submitting your return.
