FIN

• Gathering Documents: All the required documents - Form 16, investment proofs, bank
statement(s), etc., along with any other proof of income.
• Calculation of Total Income: Total incomes of all sources
• Deductions and Taxable Income: Deduction of all allowable allowances from the
computed total income to arrive at taxable income
• Calculation of Tax Liability: Using slab rates determine the amount of tax payable
• Filing of Return: Income tax return is submitted online or physical mode, present in each
state.