ITR for Salary in Pune - File Smart, Choose the Right Regime, Claim Every Deduction

Pune is home to one of India's largest salaried workforces. Over 5 lakh IT professionals work across the Hinjewadi-Kharadi-Magarpatta IT corridor at companies like Infosys, TCS, Wipro, Cognizant, and hundreds of mid-size firms. The manufacturing belt at Pimpri-Chinchwad, banks at Camp and SB Road, and government offices across Shivaji Nagar, Aundh, and Deccan Gymkhana add to the salaried population. The critical annual decision is choosing between the new and old tax regimes. Learn more about ITR for Salary across India.

For a Hinjewadi IT professional earning Rs 18 lakh, the right regime can save Rs 30,000-Rs 80,000 in tax depending on their investment and rent profile. Mid-year job changes - common in Pune's high-attrition IT sector - create TDS reconciliation challenges. After salary ITR filing, employees also benefit from Income Tax Return services and Accounting Services.

Content is reviewed quarterly for accuracy.

Salaried Employees with Income Above Exemption Limit - Every individual in Pune whose gross total income exceeds the basic exemption limit (Rs 3,00,000 under new regime) must file ITR, even if the employer has deducted full TDS. This covers IT professionals at Hinjewadi and Kharadi, manufacturing employees at Pimpri-Chinchwad, bank officers at Camp, and government employees at Shivaji Nagar. See Income Tax Return in Pune for comprehensive filing.

Employees with Refund Due - If your employer has over-deducted TDS (common when investment declarations are not updated, or you change jobs mid-year), filing ITR is the only way to claim a refund. Many Pune IT professionals who join mid-year get TDS over-deducted.

Employees with Other Income Sources - If you have income from house property, bank interest above Rs 10,000, dividends, capital gains from mutual fund/stock sales, or any freelance income, you must report all sources in your ITR.

Employees Who Changed Jobs During the Year - Pune's IT sector has high attrition. If you switched jobs, each employer issues a separate Form 16. The new employer may not account for income from the previous employer. Filing ITR reconciles total income from both employers.

Mandatory Filing Conditions - ITR is mandatory if: deposited Rs 1 crore+ in current accounts, spent Rs 2 lakh+ on foreign travel, electricity above Rs 1 lakh, TDS/TCS above Rs 25,000, or you have foreign assets.

Form 16 (Part A + Part B): From each employer during the financial year. Part A: TDS details. Part B: Salary breakup, deductions, tax computation.

Form 26AS / AIS: Download from incometax.gov.in. Verify TDS credits, bank interest, dividends, capital gains, and other reported income.

Rent Receipts / Rental Agreement: If claiming HRA exemption under old regime. Landlord PAN required if annual rent exceeds Rs 1,00,000.

Investment Proofs (Old Regime): 80C: EPF contribution statement, PPF passbook, ELSS statement, life insurance premium receipt. 80D: Health insurance premium. 80CCD(1B): NPS contribution.

Home Loan Interest Certificate: From bank/NBFC for Section 24(b) deduction (up to Rs 2 lakh for self-occupied property under old regime).

Capital Gains Statement: From broker/mutual fund (if claiming LTCG u/s 112A in ITR-1 up to Rs 1.25 lakh, or full capital gains in ITR-2).

All fees and charges listed are indicative only and do not constitute a binding offer. Final amounts may vary depending on the volume of work and the complexity involved.

Professional service charges for drafting, filing, and representation are separate from the statutory fees. The exact fee depends on the complexity of the case, disputed amount, and number of hearings required. Contact us for a detailed quote.

Get a free ITR for Salary in Pune consultation - Call +91 945 945 6700 or WhatsApp us. No-obligation assessment.

10,000+ Businesses | 4.9 Google Rating | 50,000+ Docs Filed | 15+ Years

Trusted by Hyundai, Asian Paints, Bridgestone, and 10,000+ businesses and individuals across India. With offices in Pune, Mumbai, Delhi, and Gurugram, Patron handles salary ITR for IT professionals, bank employees, and corporate workers.

Pune salaried employees managing ITR compliance often need complementary services:

• ITR for Salary in India - National salary ITR filing services
• Income Tax Return in Pune - Comprehensive ITR filing for all income types
• ITR for F&O Traders in Pune - For salaried employees who also trade F&O
• PT Returns in Pune - Professional tax compliance alongside ITR
• Accounting Services - Year-round bookkeeping for individuals

Governing Law: Income Tax Act, 1961; Section 115BAC (new tax regime); Section 10(13A) (HRA); Chapter VI-A (deductions); Section 24(b) (home loan interest).

ITR Forms: ITR-1 (Sahaj): salary up to Rs 50 lakh, one house property, other sources, LTCG u/s 112A up to Rs 1.25 lakh. ITR-2: salary plus capital gains, multiple properties, foreign assets, income above Rs 50 lakh.

New Regime (115BAC): Default. Standard deduction Rs 75,000. Rebate 87A: income up to Rs 12 lakh = zero tax. No 80C/80D/HRA/24(b) except NPS 80CCD(2). Salaried can switch every year in ITR.

Old Regime: Standard deduction Rs 50,000. All deductions: 80C (Rs 1.5L), 80D, 80E, 80G, HRA, 24(b) (Rs 2L). Rebate 87A: up to Rs 5 lakh.

HRA (Section 10(13A)): Least of: actual HRA, 50% of basic (Pune metro), rent minus 10% of basic. Landlord PAN if rent > Rs 1 lakh/year.

Due Date: 31 August 2026 (changed from 31 July by Budget 2026). Revised/belated: 31 December 2026.

Late Filing (Section 234F): Rs 5,000 (Rs 1,000 if income <= Rs 5 lakh). Interest: 234A (1% p.m. on unpaid tax).

Portal: incometax.gov.in

Jurisdictional Authority: CIT Pune; CPC Bengaluru (processing); TRACES for Form 16.

The due date for salary ITR is 31 August 2026 - and missing it costs money immediately. A Rs 5,000 late filing fee applies the very next day, plus 1% per month interest on any unpaid tax. Pune IT professionals who changed jobs mid-year and have a TDS shortfall of Rs 30,000-Rs 1,00,000 face interest charges from the original due date.

Employees who accept the new regime default without running an old regime comparison may be overpaying tax by Rs 30,000-Rs 80,000 annually - money they cannot recover once filed under the wrong regime. Professional salary ITR filing at Rs 1,000-5,000 is a fraction of the overpaid tax and missed refunds.

ITR filing for salaried employees in Pune is a mandatory annual obligation that offers a significant opportunity to optimise tax through the right regime choice, complete deduction claims, and accurate income reporting. With over 5 lakh IT professionals in the Hinjewadi-Kharadi-Magarpatta corridor alone, plus manufacturing, banking, government, and healthcare employees, Pune's salaried community has diverse filing needs.

Patron Accounting's Pune office at RTC Silver, Wagholi provides dedicated salary ITR filing services - from regime optimisation and HRA calculation to multi-employer reconciliation, ESOP/RSU handling, and refund tracking.

With 15+ years of experience, 10,000+ businesses served, and a 4.9 Google rating, Patron Accounting LLP is a trusted CA and CS firm for individual tax compliance across Pune, Mumbai, Delhi, and Gurugram.