ITR Filing in Hyderabad: Overview
📌 TL;DR - Income Tax Return Services at a Glance
ITR filing in Hyderabad for FY 2025-26 (AY 2026-27) is governed by the Income Tax Act, 1961 with due date 31 July 2026 for salaried individuals (ITR-1/2) and 31 August 2026 for non-audit business (ITR-3/4). New tax regime under Section 115BAC is default - lower rates with fewer deductions. Old regime (with 80C, 80D, HRA) available by opt-out. Hyderabad qualifies as metro for 50% HRA exemption under old regime. Filed on incometax.gov.in.
Hyderabad's diverse taxpayer base includes 15 lakh+ IT professionals (Form 16, HRA 50% metro, ESOP), freelancers (44ADA), business owners (44AD), property sellers with capital gains, NRIs with rental income, companies (ITR-6), LLPs (ITR-5), and trusts (ITR-7). Learn more about Income Tax Return Filing across India.
2026 marks a critical transition: FY 2025-26 ITR is under IT Act 1961, but from Tax Year 2026-27, IT Act 2025 takes effect. Patron's CA handles all categories - from simple salary to ESOP/RSU, NRI income, and business returns. Same CA manages accounting, GST, and payroll.
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