When you Might Not Need a CA?
1. Salaried Individuals with Basic Income: If your income solely comprises salary, interest from savings accounts, and rent with TDS deduction, you can navigate the online filing system with minimal guidance.
2. Simple Investments and Deductions: If you have limited investments and deductions under sections 80C, 80D, etc., you can manage them yourself using online resources and the pre-filled information.
3. Understanding of Basic Tax Rules: As long as you have a basic understanding of tax slabs, deductions, and exemptions, you can file your ITR independently with some research.
Can we File ITR Without CA?
Filing income tax returns (ITRs) can be a daunting task, especially in India with its complex tax system and ever-changing regulations. Many individuals turn to Chartered Accountants (CAs) for assistance, but is it absolutely necessary? The answer, like many things in life, is it depends.