Taxation Services for AY 2026-27

Taxation services in India for Assessment Year 2026-27 (FY 2025-26) encompass comprehensive Income Tax Return (ITR) filing, Tax Deducted at Source (TDS) compliance, strategic tax planning, statutory audits, NRI taxation, and regulatory advisory. Budget 2026 introduced progressive tax slabs under the new regime (₹0-4L nil, up to 30% above ₹24L), enhanced rebate (₹60,000 u/s 87A), and standard deduction (₹75,000 salaried). Kyna FinTax Associates, with 25+ CA/CMA experts in Delhi/Rajasthan, ensures 100% compliance, maximum refunds (average 45 days), and 20-30% tax optimization through deductions and regime selection.​

Non-audit ITR deadline is July 31, 2026; audit cases October 31, 2026. Faceless assessments via e-proceedings portal mandate accurate AIS/26AS pre-fill verification. Services integrate with GST/MCA/ISO compliances for holistic business support. ​

Detailed ITR Forms for AY 2026-27: Eligibility, Limits & Features

ITR-1 (Sahaj): Salaried & Simple Income

Eligibility: Resident individuals/HUFs with total income ≤ ₹50 lakh from salary/pension, one house property (loss ≤ ₹2 lakh), other sources (interest < ₹50,000), and agriculture ≤ ₹5,000. Excludes capital gains, lottery, business income. ​

Key Features: Pre-filled from AIS/Form 16/26AS. New regime default with ₹75,000 standard deduction makes ₹12.75L salary effectively tax-free. Old regime allows 80C (₹1.5L), 80D (₹25k/₹50k health). ​

Tax Slabs (New Regime AY 2026-27):

Income Range	Rate	Tax Calculation
₹0-4L	Nil	Nil
₹4-8L	5%	5% above ₹4L
₹8-12L	10%	₹20k + 10% above ₹8L
₹12-16L	15%	₹60k + 15% above ₹12L
₹16-20L	20%	₹1.2L + 20% above ₹16L
₹20-24L	25%	₹2L + 25% above ₹20L
>₹24L	30%	₹3L + 30% above ₹24L

ITR-2: Capital Gains & Multiple Properties

Eligibility: Capital gains (LTCG/STCG), >1 property, foreign assets (FA Schedule), >₹1.25L LTCG u/s 112A. Mandatory for directors/shareholders. ​

Documents: Demat statements, property sale deeds, Form 16A. Indexation removed for property post-2026; 12.5% flat LTCG. ​

ITR-3: Business/Professional Income

Eligibility: Proprietors, partners with business/profession income. Includes P&L, balance sheet, partner remuneration (u/s 40(b)). ​

ITR-4 (Sugam): Presumptive Taxation

Eligibility: Turnover < ₹2Cr (44AD 6% deemed profit digital/non-digital), < ₹50L profession (44ADA 50%). No books required.

ITR-5/6/7: Firms (ITR-5), companies (ITR-6), trusts (ITR-7). ​

TDS Return Filing: Forms, Deadlines & Penalties (AY 2026-27)

Quarterly Returns:

• 24Q: Salary TDS (due 31st July/Oct/Jan/April)
• 26Q: Non-salary residents (interest, professional fees)
• 27Q: Non-residents (DTAA rates)
• 27EQ: TCS (e-commerce/spectrum). ​

Thresholds 2026: ₹50k interest, ₹30k professional, ₹2.4L rent, ₹1L contractor. PAN mandatory > ₹2.5L/year.

Documents: CIN/BSR challans, deductee PAN master, salary registers, Form 16A issuance (May 31st).

Penalties: ₹200/day late fee (max ₹5k), interest 1.5%/month u/s 201(1A). Kyna FinTax uses RPU 4.2 utility for FVU validation. ​

TDS Certificates: Form 16 (salary by June 15th), 16A (quarterly by 30th).

Tax Planning: New vs Old Regime Comparison AY 2026-27

New Regime (Default):

• Slabs as above; rebate ₹60k u/s 87A (income ≤ ₹12L tax-free)
• Standard deduction ₹75k salaried
• Employer NPS 14% tax-free. ​

Old Regime:

Income	Rate
0-2.5L	Nil
2.5-5L	5%
5-10L	20%
>10L	30%

Senior Citizens: 60-80 years (₹3L exemption), >80 years (₹5L) old regime only. ​

Deductions (Old): 80C (₹1.5L PPF/ELSS), 80D (₹25k self/₹50k parents), 24(b) (₹2L home loan interest), 80G donations.

Advance Tax: 15/45/75/105% quarterly; interest u/s 234B/C. ​

Tax Audit Services (Section 44AB)

Applicability: Turnover > ₹1Cr (business), > ₹50L (profession); cash receipts >5%. Form 3CD (audit report), 3CA/3CB certification. ​

Process: Books verification, trial balance, 3CD clauses (1-8A payments, 13 related party), e-filing by September 30th (extended cases).

NRI & International Taxation AY 2026-27

Residential Status: >182 days India/stay rules. DTAA claims (Form 10F, TRC). Schedule FA foreign assets > ₹50k. TCS LRS > ₹7L. ​

Crypto VDA: 30% tax, 1% TDS, no loss offset (Schedule VDA). ​

Complete Documents Checklist for Taxation Services

Individuals:

• PAN/Aadhaar, Form 16/26AS/AIS download
• Salary slips, bank statements (12 months)
• Rent receipts, medical bills (80D)
• Investment proofs (80C), demat statements.

Businesses:

• P&L, balance sheet (audited)
• Sale/purchase registers, stock valuation
• TDS challans, Form 16A.

NRIs: Passport, foreign income proofs, TRC/DTAA certificates.

Step-by-Step ITR Filing Process AY 2026-27

1. Pre-fill Download: incometax.gov.in → AIS/26AS/Form 16
2. Form Selection: Eligibility tool → ITR utility download
3. Data Entry: JSON/Excel upload (pre-filled verification)
4. Computation: Tax slabs, deductions, advance tax credit
5. E-verification: Aadhaar OTP (120 hrs), net banking, DSC/EVC
6. Tracking: Acknowledgement, processing status.

Revised Return: u/s 139(8A) by December 31, 2026.

Recent Budget 2026 Tax Updates Impacting Filings

• New regime employer default; NPS employer 14%
• Crypto TDS 1%, VDA 30% flat
• Standard deduction ₹75k both regimes
• Rebate ₹60k (₹12L tax-free new regime)
• Faceless appeals ITAT.

Kyna FinTax Taxation Service Packages 

Package	Services	Price
Basic ITR-1/4	Salaried/Small Business	₹2,499
Business ITR-3 + Books	Proprietors	₹12,999
Audit ITR + 3CD	Turnover > ₹1Cr	₹19,999
NRI Complete	DTAA + FA Schedule	₹17,999
TDS Quarterly	24Q/26Q Returns	₹2,999/Qtr

Free: Tax regime calculator, AIS reconciliation.

Benefits of Professional Taxation Services

• Tax Savings: 20-40% via deductions/planning
• Refunds: Average ₹25k processed (45 days)
• Penalty Avoidance: ₹10k+ late fees saved
• Audit Success: 85% assessment acceptance
• Compliance: Faceless notices handled.

Kyna FinTax integrates taxation with GST/MCA/ISO/MSME for seamless business growth. AY 2026-27 filings start now!

Contact Us

Kyna FinTax Associates
WZ-1390/Z2, 3rd Floor, Nangal Raya Extension, South West Delhi – 110046
WhatsApp/Call: +91 74210 82222
Email: services@kynafintax.com
Website: https://kynafintax.com
consultation link: https://forms.gle/BLgYC8nZUzWU3HT49