Cost of Filing an ITR with a Chartered Accountant in Delhi

The fees charged by Chartered Accountants (CAs) for filing Income Tax Returns (ITR) in Delhi can vary widely based on several factors, including the complexity of the return, the CAs experience, and the specific services provided.

Typical Fees in 2023

As of 2023, typical fees for filing ITR in Delhi by a CA may range as follows:

Individual taxpayers with simple returns: Rs. 500 to 2000 Individuals with more complex returns (like business income): Rs. 2000 to 10000 or more Corporates and firms: Fees can be significantly higher, often starting from Rs. 5000 and going up based on the complexity of the accounts.

It is advisable to consult with a few CAs to get quotes and understand what services are included in their fees.

Factors Affecting Fees

The fee charged by Chartered Accountants varies based on the following factors:

Types of Income: If incomes are limited to salaries, bank deposits, or house rent, the charges may be low. However, if there is business income, the charges will be higher. Similarly, if there is an audit, the fees will be even higher. City of Office: In small towns or villages, the fee might be lower. In metros or bigger cities, the fees are higher. Refund of Amount: Though this is against the rules, many CAs charge a specific percentage of the refund amount as their fee. This practice is common, but some CAs may not follow this practice.

Filing ITR through a CA may entail a cost of Rs. 1500-2000 for the filing, depending on the complexity of transactions in your tax returns. However, the cheapest and most economical way to file returns is by directly logging into the website of the Income Tax department and following the right instructions and using the right form. The process is menu-driven, so there is no rocket science involved in the process. Unless there are too many complexities in your tax filing, it is always better to do it on your own. It hardly takes an hour if all your documents are ready and in place.

No Set Fee for CAs

There is no set fee for filing an ITR with a CA. The cost largely depends on the complexity of the case. A typical fee could range from Rs. 1000 to 2000.