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Assisted Tax Filing

Our experienced accountants manage your end-to-end ITR filing from document review and form identification to tax computation and submission

What's included:

  • Document collection & review,
  • ITR form identification,
  • Income computation,
  • Standard deduction & basic deductions (80C,80D,80TTA),
  • Tax liability computation & payable/refund summary,
  • ITR preparation & filing,
  • ITR acknowledgement copy
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CA Assisted Tax Filing

A qualified Chartered Accountant personally handles your tax return from document review and computation to filing.

What's included:

  • Dedicated CA assigned to your return
  • Income from all heads (capital gains,business & profession,foreign income)
  • Capital gains computation — equity,mutual funds,debt,property
  • HRA,LTA,perquisites & Form 16 reconciliation
  • Tax optimisation,deductions,exemptions & regime selection (Old vs New)
  • Advance tax review & shortfall advisory
  • Form 26AS / AIS / TIS reconciliation
  • Priority CA support (chat/call)
  • Included all deliverables in Assisted Tax Filing

CA Managed Tax Compliance

A dedicated Chartered Accountant manages your complete compliance lifecycle-annual tax planning, advance tax, TDS reconciliation, notice handling, and year-round availability

What's included:

  • Dedicated CA assigned to your return
  • Annual tax planning session with your CA
  • Advance tax computation & reminders (all 4 quarters)
  • Form 16 / Form 16A / TDS reconciliation
  • DTAA & foreign asset reporting (Schedule FA / FSI)
  • Income Tax Notice handling & response drafting
  • Rectification filing (Section 154)
  • Refund follow-up & status tracking
  • Year-round CA availability (phone & email)
  • Compliance calendar with reminders
  • Included all deliverables in CA Assisted Tax Filing

Income Tax Filing in Odisha

Income tax filing in Odisha is a crucial obligation for individuals and businesses alike. Whether you are a salaried individual, self-employed professional, or a business owner, understanding the nuances of income tax filing is essential. This guide provides a comprehensive overview of the income tax filing process specific to Odisha, ensuring you are well-informed and compliant with the latest regulations.

Who Needs to e-File an Income Tax Return (ITR)

In Odisha, various categories of individuals and entities are required to e-file their income tax returns. These include:

  • Salaried Individuals
  • Self-Employed Professionals
  • Business Owners (SMEs, MSMEs, Startups)
  • Directors and LLP Partners
  • Investors and Capital Gains Earners
  • NRIs and RNORs
  • Holders of Foreign Assets or Income
  • High-Value Transaction Individuals
  • Those Claiming Tax Refunds
  • Charitable and Religious Trusts

Income Tax Slab Rates for FY 2024–25 (AY 2025–26)

The income tax slab rates for the financial year 2024–25 have been structured under the Old and New Tax Regimes:

Old Tax Regime

  • Below 60 years: Rs.2.5 lakh
  • 60–80 years: Rs.3 lakh
  • 80+ years: Rs.5 lakh
  • Slabs: 5%, 20%, 30% as per ranges

New Tax Regime (2025)

  • Up to Rs.4,00,000 – Nil
  • Rs.4,00,001 to Rs.8,00,000 – 5%
  • Rs.8,00,001 to Rs.12,00,000 – 10%
  • Rs.12,00,001 to Rs.16,00,000 – 15%
  • Rs.16,00,001 to Rs.20,00,000 – 20%
  • Rs.20,00,001 to Rs.24,00,000 – 25%
  • Above Rs.24,00,000 – 30%

For more details, visit Income Tax Rates.

Mandatory ITR Filing

In Odisha, filing an ITR is mandatory if you meet any of the following criteria:

  • Deposited Rs 1 crore or more in current bank accounts
  • Deposited Rs 50 lakh or more in savings bank accounts
  • Spent over Rs 2 lakh on foreign travel
  • Incurred electricity expenses exceeding Rs 1 lakh during the financial year
  • Had TDS or TCS exceeding Rs 25,000 (or Rs 50,000 for senior citizens)
  • Businesses: Mandatory if your total sales, turnover, or gross receipts exceed Rs 60 lakh during the financial year
  • Professionals: Mandatory if gross receipts exceed Rs 10 lakh during the financial year

Income Tax Return (ITR) Forms in Odisha

In Odisha, taxpayers must file one of the seven ITR forms based on their income source, residential status, and taxpayer type. These forms include:

  • ITR-1: Salaried individuals with income up to Rs.50 lakh
  • ITR-2: Individuals and HUFs not having income from business or profession
  • ITR-3: Individuals/HUFs with income from business/profession
  • ITR-4: Presumptive income scheme for small businesses and professionals
  • ITR-5: Firms, LLPs, AOPs, BOIs, etc
  • ITR-6: Companies other than those claiming exemption under section 11
  • ITR-7: Trusts, political parties, institutions, etc., filing under specific sections (139(4A), 139(4B), etc.)

For more information, visit ITR Forms for AY 2025-2026.

Income Tax Filing Due Dates for FY 2024–25

The due dates for income tax filing in Odisha for FY 2024–25 are as follows:

  • Individuals & Entities Not Liable for Tax Audit: Extended deadline - September 15, 2025 (originally July 31, 2025)
  • Tax Audit Cases (excluding Transfer Pricing): October 31, 2025
  • Transfer Pricing Cases: November 30, 2025
  • Revised/Belated Returns: December 31, 2025

For more details, visit Income Tax ITR Filing Due Date.

Documents Required for Income Tax Filing in Odisha

Ensure you have the following documents ready for income tax filing in Odisha:

  • PAN (Permanent Account Number)
  • Aadhaar (Linked to PAN)
  • Bank Account Details
  • Salary Slips
  • Rent Receipts
  • Form 16, Form 16A, Form 16B, Form 16C
  • Form 26AS
  • Interest Certificates (from banks/post offices)
  • Home Loan Details
  • Proof of Tax-Saving Instruments (LIC, Health Insurance, PPF, NSC, ELSS, etc.)
  • Capital Gains Documents (stocks, property, etc.)
  • Rental Income Proofs (lease agreements, rent receipts)
  • Foreign Income Proofs
  • Dividend Income Proofs

For more information, visit Documents Required for Income Tax Return ITR Filing in India.

Income Tax Filing Procedure in Odisha: How to File ITR Online

Follow these steps to file your ITR online in Odisha:

  • Go to the e-Filing Website
  • Login: Enter your PAN (as username) and password
  • Start Filing: Click on “e-File” and “File Income Tax Return”
  • Select Year & Mode: Choose AY 2025–26 and "Online" filing
  • Pick Taxpayer Type: Select "Individual", "HUF", etc
  • Choose Correct ITR Form: Based on your income type
  • Mention Filing Reason: Regular, refund, or revised return
  • Check Pre-filled Data: Verify and edit if needed
  • Review & Submit: Double-check and submit your return
  • Pay Tax (if needed): Use the portal’s payment option
  • e-Verify ITR: Using Aadhaar OTP (sent to your mobile)
  • Using EVC (via bank, Demat, or email/mobile) Or Send ITR-V by Post to CPC Bengaluru within 120 days

Why Choose IndiaFilings for Income Tax Filing in Odisha

IndiaFilings offers comprehensive services for income tax filing in Odisha, ensuring accuracy and compliance. Our services include CA-assisted filing for those seeking professional guidance and self-filing options for individuals who prefer a hands-on approach. With IndiaFilings, you benefit from expert advice, timely updates, and a seamless filing process.

Get started with your income tax filing in Odisha today and ensure you meet all compliance requirements efficiently and accurately.

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Frequently asked questions

Common questions about Comprehensive Guide to Income Tax Filing in Odisha: ITR Services.

To e-file income tax returns in Odisha, visit the official e-filing portal, log in using your PAN, and follow the step-by-step instructions to complete your filing.
In Odisha, individuals with taxable income, business owners, NRIs, and those meeting specific financial criteria must file an income tax return.
The due dates for filing income tax returns in Odisha for FY 2024-25 vary, with non-audit cases due by September 15, 2025, and audit cases by October 31, 2025.
Essential documents for income tax filing in Odisha include PAN, Aadhaar, bank details, salary slips, Form 16, and proof of tax-saving investments.
IndiaFilings offers expert guidance and CA-assisted services for accurate and compliant income tax filing in Odisha, ensuring a hassle-free experience.
For FY 2024-25 in Odisha, the new tax regime includes slab rates starting at 5% for incomes over Rs.4,00,000 and up to 30% for incomes above Rs.24,00,000.
NRIs in Odisha must file an income tax return if they have taxable income in India, own assets, or meet certain financial thresholds.
Filing ITR online in Odisha offers convenience, faster processing, and the ability to track your return status easily through the e-filing portal.
Yes, taxpayers in Odisha can file a revised return if they discover errors in their original income tax filing, provided it is done within the stipulated time.
Late filing of income tax returns in Odisha can result in penalties, with specific amounts depending on the delay and the taxpayer's income level.