ITR Filing Season 2025: 10 Tax Deductions Salaried Professionals in Delhi Are Missing — Expert Tips by B M C & Associates

NEW DELHI — The ITR filing window for FY 2025–26 is open. For salaried employees and pensioners, the deadline is July 31, 2026. Miss it and you face a penalty of ₹5,000 under Section 234F (₹1,000 if income is below ₹5 lakh), plus interest at 1% per month on any outstanding tax liability, plus the loss of the right to carry forward certain losses. But the penalty is not the biggest financial risk this season. The biggest risk is filing your ITR correctly but incompletely — claiming only the deductions your employer put in Form 16, while leaving thousands of additional rupees in unclaimed savings on the table. Every year, millions of salaried professionals in Delhi NCR overpay income tax because they do not know about deductions they are legally entitled to. B M C & Associates, a full-service Chartered Accountant firm in Delhi NCR with 14+ years of experience, identifies the 10 most valuable and most consistently missed deductions for salaried employees in FY 2025–26 — and explains exactly how to claim every one of them before the July 31 deadline.
Before the Deductions: The Single Biggest ITR Decision — Old vs New Tax Regime
The most consequential choice in your FY 2025-26 ITR is the tax regime. The New Tax Regime is the default in FY 2025–26. If you file a belated return after July 31, 2026, you are automatically locked into the New Regime for FY 2025–26 — with no ability to switch. This makes filing on time not just about avoiding a penalty, but about preserving your right to choose the regime that saves you the most money.
✅  New Tax Regime FY 2025-26: The Two Things Everyone Is Missing
1. Zero tax up to ₹12.75 lakh for salaried employees:  Under the New Regime, the Section 87A rebate of ₹60,000 wipes out all tax on income up to ₹12 lakh. The ₹75,000 standard deduction (raised from ₹50,000 in Budget 2024-25) further reduces your gross salary. Result: a salaried employee earning up to ₹12.75 lakh gross pays ZERO income tax in FY 2025-26 under the New Regime.
2. CRITICAL — Capital gains are NOT covered by the ₹12L rebate:  If you sold shares, mutual funds, or property during FY 2025-26 and have capital gains income, that portion is taxed at special rates (LTCG equity: 12.5% above ₹1.25L; STCG equity: 20%) even if your total income is near ₹12L. Many taxpayers incorrectly assume the rebate covers everything.
Bottom line:  Run both regimes through a tax calculator before filing. For salaries below ₹15L without significant deductions, New Regime almost always wins. Above ₹15L with home loan + HRA + max 80C investments, Old Regime often saves more.
Old vs New Regime: Which Saves More at Your Salary Level?
The following table shows approximate tax liability and optimal regime selection at different salary levels for FY 2025–26:
 
Annual Salary
Old Regime Tax (approx.)
New Regime Tax (FY 2025-26)
Which is Better?
Key Factor
₹8 lakh
₹0 (with standard deduction + 80C)
₹0 (under ₹12L = zero)
New Regime
No tax in either — but New requires fewer documents
₹12 lakh
₹0 (with standard deduction + 80C ₹1.5L + 80D ₹25K)
₹0 (exactly at ₹12L limit = zero via 87A rebate)
New Regime (simpler)
Both give zero — New requires no investment proofs
₹12.75 lakh
~₹7,500 (with standard deduction only)
₹0 (₹12.75L - ₹75K standard = ₹12L exactly → zero via 87A)
New Regime
New Regime magic: standard deduction pushes taxable income to exactly ₹12L
₹15 lakh
~₹31,200 (with max 80C+80D+NPS)
~₹1,17,000 (no deductions)
Old Regime likely better
Only if you have real investments: 80C ₹1.5L + 80D ₹50K + 80CCD(1B) ₹50K = ₹2.5L
₹20 lakh
~₹78,000 (with HRA+80C+80D+NPS+home loan)
~₹2,34,000 (no deductions)
Old Regime
Needs big HRA + home loan interest to win; without those, New is better
₹25 lakh
~₹1,17,000 (with all deductions maxed)
~₹3,51,000
Old Regime strongly
Maximum deductions needed: 80C ₹1.5L + HRA ₹80K + home loan ₹2L + 80D ₹75K + NPS ₹50K
₹30 lakh
~₹2,10,000 (with all deductions)
~₹5,46,000
Old Regime
At high salaries with maximum deductions, Old Regime saves ₹3L+ per year
₹50 lakh
~₹6,37,000 (with all deductions)
~₹11,70,000
Old Regime
Surcharge applies; Old Regime with all deductions saves ₹5L+ annually

 
“The most common mistake we see in ITR season is not about deductions at all — it is about regime selection. A salaried person earning ₹18 lakh with a home loan, HRA, and NPS contributions can save ₹80,000–90,000 by choosing the Old Regime. The same person earning ₹13 lakh without those commitments saves ₹12,000 by choosing the New Regime. The problem is most people just accept the default without running the numbers. A 20-minute exercise saves them more than a year’s worth of office canteen savings.”
— CA Bipin Kumar Jha, Partner, B M C & Associates
The 10 Deductions Delhi’s Salaried Professionals Are Consistently Missing
DEDUCTION 1:  NPS Employer Contribution (80CCD(2)) — Available in BOTH Regimes
💰  Value:  ₹18,000–₹60,000+ per year (10% of basic salary; 14% for government employees)  |  Section 80CCD(2)  |  BOTH regimes
This is the only investment-linked deduction available under the New Tax Regime (apart from the standard deduction). If your employer contributes to the National Pension System on your behalf, this contribution is deductible from your taxable income — in full, up to 10% of basic salary (or 14% for government employees). The catch: your employer must be making the NPS contribution. If they are not, ask HR to restructure your CTC to include an NPS component instead of a cash allowance. Many large Delhi NCR employers (especially tech and banking companies) offer this — and many employees have it in their salary structure without realising it shows up in Form 16 Part B.
How to check:  Look at Form 16 Part B under Schedule 80CCD(2). If it shows a non-zero amount, you are already receiving this benefit and must ensure it is correctly entered in your ITR. If it is zero and your employer offers NPS, speak to HR before March 31 of next year.
DEDUCTION 2:  HRA When Paying Rent to Parents — Perfectly Legal, Widely Unknown
💰  Value:  ₹40,000–₹1,20,000+ per year for Delhi employees  |  Section 10(13A)  |  Old Regime only
House Rent Allowance (HRA) is one of the most valuable salary components for Delhi-based employees — and also one of the most underutilised. Thousands of salaried professionals in Delhi live in their parents’ homes without paying formal rent, and therefore claim zero HRA exemption. Yet the Income Tax Act allows you to pay rent to your parents and claim HRA exemption on it — completely legally. Your parents declare the rental income in their own ITR (which may be zero tax if their income is below the threshold). You get the HRA exemption. The net family tax bill reduces significantly.
HRA exemption formula (take the lowest of three):  (a) Actual HRA received from employer, (b) Actual rent paid minus 10% of salary, (c) 50% of salary for metro cities (Delhi, Mumbai, Kolkata, Chennai).
Required documents:  Rent agreement with parents, monthly rent receipts signed by parents, parents’ PAN (mandatory if annual rent exceeds ₹1 lakh). Submit Form 12BB to employer for TDS relief, or claim directly in ITR.
Important:  Rent must be actually paid (bank transfer recommended) and parents must show it as income in their ITR. A fake rent arrangement without actual payment is fraud, not tax planning.
DEDUCTION 3:  Additional NPS Contribution of ₹50,000 Under 80CCD(1B) — The ₹50K Bonus
💰  Value:  ₹15,000 per year at 30% slab  |  Section 80CCD(1B)  |  Old Regime only
Most Delhi professionals who invest in tax-saving instruments already know about Section 80C (₹1.5 lakh limit). Very few know about Section 80CCD(1B) — an additional ₹50,000 deduction for voluntary contributions to the National Pension System, completely separate from and over and above the 80C limit. This is the single highest-value unclaimed deduction for salaried professionals in the 20% and 30% tax slabs who have already maxed out their 80C. On ₹50,000 invested in NPS Tier 1: tax saving of ₹15,000 at 30% + ₹3,000 in a long-term retirement corpus. It also builds a retirement fund — a critical gap for private sector professionals without a pension.
How to claim:  Open an NPS Tier 1 account online via nps.nsdl.com or through your bank. Make contribution before March 31. Obtain the transaction statement. Declare under Schedule 80CCD(1B) in your ITR. Note: NPS Tier 2 contributions do NOT qualify for this deduction.
DEDUCTION 4:  LTA — Leave Travel Allowance for the 2022–2025 Block
💰  Value:  ₹15,000–₹50,000+ per trip  |  Section 10(5)  |  Old Regime only
Leave Travel Allowance allows you to claim exemption on actual travel costs for 2 trips to any destination within India in a 4-year block. The current block is 2022–2025. If you have already used both trips in this block, plan accordingly for the 2026–2029 block. If you still have unused trips, the FY 2025–26 ITR may be your last opportunity to claim the second trip in this block before it lapses permanently.
What is covered:  Economy airfare (shortest route), first-class AC rail (for rail journeys), or bus ticket. Family (spouse, children, parents if dependent) travel covered.
What is NOT covered:  Hotel accommodation, food, local transport, international travel. Only the to-and-fro journey fare.
How to claim:  Submit boarding passes, travel tickets, and declaration to employer via Form 12BB. If employer does not provide LTA in salary structure, this benefit is not available unless restructured through HR.
DEDUCTION 5:  Section 80D Health Insurance — Most People Claim the Minimum and Miss the Maximum
💰  Value:  ₹7,500–₹22,500 per year (up to ₹75,000 maximum)  |  Section 80D  |  Old Regime only
Section 80D allows deduction of health insurance premiums for self, spouse, and children (up to ₹25,000) PLUS parents (up to ₹25,000, or ₹50,000 if parents are senior citizens). Additionally, up to ₹5,000 for preventive health check-ups is allowed within the overall 80D limit. The maximum total deduction for someone with senior citizen parents: ₹75,000 per year. Saving at 30% slab: ₹22,500. Yet most employees claim only the self+family portion (₹25,000) and forget about parents entirely.
❌  80D Mistakes That Cost Employees Thousands:
•        Claiming ₹25,000 when parents are covered and parent premium totals ₹20,000 — missing ₹6,000 in tax saving
•        Not claiming the ₹5,000 preventive health check-up sub-limit — almost never claimed despite annual health check-ups being routine
•        Claiming cash-paid premiums — premium must be paid by banking/digital mode (NOT cash) to qualify for deduction
•        Not claiming parent's premium because parents pay it themselves — if YOU paid it for them, you can claim it
•        Group health insurance (employer-provided) alone does not qualify for 80D — only individually purchased policies count
 
DEDUCTION 6:  Home Loan Interest Under Section 24(b) — Up to ₹2 Lakh Every Year
💰  Value:  ₹60,000 per year (at 30% slab on ₹2L deduction)  |  Section 24(b)  |  Old Regime only
If you have a home loan on a self-occupied property, you can deduct up to ₹2,00,000 per year in interest paid. On a ₹50 lakh home loan at 8.5% interest, the annual interest in Years 1–5 is ₹4–4.5 lakh — far above the ₹2L cap. But the ₹2L deduction itself saves ₹60,000 in tax annually at the 30% slab. Additionally, the principal repayment (up to ₹1.5L) is separately deductible under Section 80C. This means a home loan effectively adds ₹3.5 lakh to your total deduction stack every year.
Common miss:  Employees who take home loans but do not submit the interest certificate to their employer in time miss TDS deduction benefit. They can still claim it directly in the ITR, but many forget to do so. Collect your annual home loan interest certificate from your bank before filing.
Two-house property note:  If you own two houses, one is deemed let-out (even if it isn’t). The deemed rental income is added to your income, but the full interest (not capped at ₹2L) is deductible for the second property. This requires ITR-2 — not ITR-1. Employees with two properties must never file ITR-1.
DEDUCTION 7:  Education Loan Interest Under Section 80E — Full Deduction with No Cap
💰  Value:  100% of interest paid — no upper limit  |  Section 80E  |  Old Regime only
If you took a loan for higher education — an MBA from IIM, MBBS, a master’s degree abroad, or any professional qualification — the full interest paid on that loan is deductible under Section 80E with no upper limit. A Delhi professional in the 30% slab repaying a ₹30 lakh education loan at 10% interest (₹3 lakh interest/year) saves ₹90,000 in tax annually. This deduction is available for up to 8 consecutive years starting from the year repayment begins, or until interest is fully repaid, whichever is earlier.
Who qualifies:  Loan taken for self, spouse, children, or a student for whom you are a legal guardian. Loan must be from a financial institution or approved charitable institution — NOT from family or friends. Course must be full-time or distance education in recognised universities in India or abroad.
DEDUCTION 8:  Savings Account Interest Under Section 80TTA — ₹10,000 That Everyone Forgets
💰  Value:  ₹3,000 per year at 30% slab  |  Section 80TTA  |  Old Regime only
Every individual (below 60 years) with a savings bank account can deduct up to ₹10,000 per year in interest earned on those accounts under Section 80TTA. This amount is not auto-deducted anywhere — you must declare it. Yet the same interest is included in your income via AIS / Form 26AS and will be added to your taxable income if you don’t actively claim the deduction. For senior citizens, the benefit is far larger under Section 80TTB: ₹50,000 deduction on ALL interest income (savings, FD, post office) combined.
DEDUCTION 9:  Donations Under Section 80G — From PM CARES to Temple Trusts
💰  Value:  50%–100% of donation amount  |  Section 80G  |  Old Regime only
Donations to approved charitable institutions, PM CARES Fund, National Relief Fund, and notified temples or trusts qualify for a 50% or 100% deduction of the donation amount. The most missed component: PM CARES Fund and PMNRF donations qualify for 100% deduction with no upper limit. Corporate social responsibility donations, political party donations (under 80GGC), and contributions to approved educational institutions also have specific provisions. The catch: donations above ₹2,000 in cash do NOT qualify. All donations for 80G must be made by banking/digital channel.
How to claim:  Obtain Form 80G receipt from the organisation. Verify the organisation’s 80G registration on the Income Tax portal. Enter the ARN (Acknowledgement Reference Number) from the receipt in your ITR under Schedule 80G.
DEDUCTION 10:  Electric Vehicle Loan Interest Under Section 80EEB — ₹1.5 Lakh for EV Buyers
💰  Value:  ₹45,000 per year at 30% slab  |  Section 80EEB  |  Old Regime only
Introduced to promote electric vehicle adoption in India, Section 80EEB allows individuals to deduct up to ₹1,50,000 per year in interest paid on a loan taken for purchasing an electric vehicle (two-wheeler, three-wheeler, or four-wheeler). With Delhi NCR seeing a surge in EV adoption — driven by pollution concerns, fuel cost savings, and Delhi government EV subsidies — this is a deduction an increasing number of professionals qualify for but almost never claim. Loan must be taken from a financial institution (bank, NBFC). The vehicle must be purchased for personal use. Available for loans sanctioned between April 1, 2019 and March 31, 2023 (subject to any Budget extension).
Quick Reference: All 15 Deductions Salaried Employees Should Check Before Filing
 
Deduction
Section
Regime
Annual Limit
Tax Saving at 30% Slab
Most Commonly Missed By
Standard Deduction
16(ia)
Both (₹75K in New; ₹50K in Old)
₹75,000 (New) / ₹50,000 (Old)
₹22,500 / ₹15,000
Everyone — but wrong regime selection means losing the New Regime ₹75K
NPS Employer Contribution
80CCD(2)
Both (only deduction in New Regime)
10% of basic salary (Govt: 14%)
₹18,000–₹30,000 for average salary
Employees who don't check if employer contributes to NPS
Health Insurance Premium
80D
Old Regime only
Self+family: ₹25,000; Parents: ₹25,000–₹50,000
₹7,500–₹22,500
People who pay premiums but forget to declare in ITR
HRA Exemption
10(13A)
Old Regime only
Actual HRA or 50%/40% of salary or rent minus 10% of salary — lowest
₹30,000–₹1,20,000+ for Delhi residents
Employees paying rent to parents (or real landlord) without submitting Form 12BB
LTA (Leave Travel Allowance)
10(5)
Old Regime only
Actual travel cost for domestic air/rail for 2 trips in 4-year block
₹15,000–₹30,000
Employees who travel but don't submit proofs to HR; 2022-2025 block unused
NPS Extra ₹50,000
80CCD(1B)
Old Regime only
₹50,000 over and above 80C
₹15,000
Employees who have 80C at ₹1.5L but don't know about this bonus deduction
Home Loan Interest
24(b)
Old Regime only
₹2,00,000 (self-occupied)
₹60,000
Employees with home loans who don't submit interest certificate to employer
Section 80C Investments
80C
Old Regime only
₹1,50,000 total
₹45,000
EPF often auto-counts but ELSS, PPF, LIC need manual declaration
Education Loan Interest
80E
Old Regime only
Full interest (no cap)
Entire interest × 30%
Professionals who took education loans for MBA, MBBS, or abroad studies
Preventive Health Check-Up
80D (sub-limit)
Old Regime only
₹5,000 (within overall 80D limit)
₹1,500
Almost everyone — annual health check-up bill sits in a drawer, not in ITR
Home Loan Principal
80C
Old Regime only
Part of ₹1.5L 80C limit
Part of ₹45,000
Borrowers who claim interest under 24(b) but forget principal also counts in 80C
Donation to Charity
80G
Old Regime only
50%–100% of donation (varies)
Varies
Employees who donate to PM CARES, temples, NGOs but don't collect receipt
Interest on Savings Account
80TTA
Old Regime only
₹10,000 (₹50,000 for senior citizens under 80TTB)
₹3,000
Almost nobody declares this; most think interest is always taxable in full
Stamp Duty on New Home
80C
Old Regime only
Within ₹1.5L limit, year of payment only
Part of ₹45,000
Homebuyers who pay stamp duty in the year of purchase never claim this
Electric Vehicle Loan Interest
80EEB
Old Regime only
₹1,50,000
₹45,000
EV buyers who financed their vehicle but don't know this deduction exists

 
“The average salaried employee in Delhi files their ITR with just three deductions: standard deduction, Section 80C investments, and HRA (if applicable). Most never check for NPS, Section 80E, 80TTA, LTA, Section 80D for parents, or 80G donations. In a year where the ITR-filing portal pre-fills half the form for you, the only remaining work is adding the deductions you know about. Our job is to make sure you know about all of them.”
— CA Manish Mishra, Partner, B M C & Associates
What’s New in FY 2025-26: 5 Changes Every Salaried Employee Must Know
1. Standard Deduction Raised to ₹75,000 in New Regime
The standard deduction under the New Tax Regime was raised from ₹50,000 to ₹75,000 in Budget 2024-25, effective FY 2024-25 onwards. Under the Old Regime, it remains ₹50,000. This single change makes the New Regime even more attractive at lower salary levels, effectively pushing the zero-tax threshold for salaried employees to ₹12.75 lakh under the New Regime.
2. New Regime Remains Default — Old Regime Requires Explicit Choice
The New Tax Regime continues as the default for FY 2025-26. If you want the Old Regime, you must actively opt for it either through Form 12BB submitted to your employer (for TDS purposes) or at the time of ITR filing (for salaried individuals without business income). If you file a belated return after July 31, 2026, the New Regime is locked in with no opt-out available.
3. Section 87A Rebate Enhanced to ₹60,000 — Effective Zero-Tax Threshold at ₹12 Lakh
The rebate under Section 87A was enhanced from ₹25,000 to ₹60,000 in Budget 2025-26. Combined with the standard deduction of ₹75,000, this creates the ₹12.75 lakh gross salary zero-tax threshold for salaried employees under the New Regime.
4. LTCG on Equity and Equity Mutual Funds Now at 12.5% (Above ₹1.25 Lakh)
Long-term capital gains on listed equity shares and equity-oriented mutual funds held for more than 12 months are taxed at 12.5% on gains exceeding ₹1.25 lakh (raised from ₹1 lakh in Budget 2024-25). The exemption threshold was raised but the rate was also raised from 10% to 12.5%. Short-term capital gains (held ≤12 months) are taxed at 20% (raised from 15% in Budget 2024-25). Any employee who sold equity shares or equity MF units in FY 2025-26 must file ITR-2, not ITR-1, if LTCG exceeded ₹1.25 lakh.
5. FY 2025-26 Is Last Year Under Income Tax Act 1961 — New Act Governs from FY 2026-27
The new Income Tax Act, 2025 replaces the Income Tax Act, 1961 for income earned from FY 2026-27 (Tax Year 2026-27) onwards. For your FY 2025-26 ITR (AY 2026-27), the old 1961 Act applies entirely. Select AY 2026-27 on the income tax portal when filing. The new Act’s equivalent of Form 16 is Form 130 — but employers will likely still issue Form 16 for FY 2025-26. Accept whichever form your employer issues.
Choosing the Right ITR Form — The Mistake That Triggers Defective Return Notices
One of the most common and entirely avoidable ITR mistakes is filing the wrong form. The Income Tax Department issues defective return notices within days of filing when it detects form mismatches — forcing the employee to refile, sometimes losing the deadline in the process:
 
ITR Form
Who Should File It
Deadline FY 2025-26
Common Wrong Choice
ITR-1 (Sahaj)
Salaried individuals with: total income ≤₹50 lakh, salary/pension, ONE house property, other sources (interest, dividends) — NO capital gains, NO foreign assets
July 31, 2026
Filing ITR-1 when LTCG on shares/MF exceeded ₹1.25 lakh → defective return notice
ITR-2
Salaried individuals with: income >₹50 lakh OR capital gains from shares/property/MF OR more than one house property OR foreign assets/income — NO business income
July 31, 2026
Filing ITR-1 when you sold shares or MF during the year (even small amounts above ₹1.25L LTCG) → instant notice
ITR-3
Individuals/HUFs with income from business or profession (even if also salaried) — freelance income, consulting fees, tuition income, F&O trading
August 31, 2026
Filing ITR-1 when you have even small freelance income → defective return
ITR-4 (Sugam)
Individuals/HUFs/Firms using presumptive taxation under 44AD (business ≤₹3Cr) or 44ADA (professionals ≤₹75L) or 44AE (transport) — with income ≤₹50 lakh and no capital gains
August 31, 2026
Filing ITR-1 when income is from business/profession even on presumptive basis
ITR-U (Updated Return)
Any taxpayer who needs to add income missed in original/revised return — filed with additional tax; available up to 4 years from end of AY (March 31, 2031 for AY 2026-27)
Up to March 31, 2031
Not filing ITR-U when additional income is discovered — risk of notice + higher penalty vs voluntary disclosure

 
Filing Your ITR in 2026: A 10-Step Checklist for Salaried Employees
1.     Collect Form 16:  Download Part A (TDS details) and Part B (income breakup) from your employer. Your employer must issue Form 16 by June 15, 2026. Keep both parts.
2.     Check Form 26AS and AIS:  Log into incometax.gov.in. Under e-File → Income Tax Returns, check Form 26AS (TDS summary) and Annual Information Statement (AIS). These show ALL income and TDS as reported by employers, banks, and other sources. Reconcile any discrepancy.
3.     Gather all deduction documents:  Rent receipts (for HRA), home loan interest certificate, health insurance premium receipts, donation receipts (with ARN), LTA travel tickets, school/college fee receipts (for 80C), NPS statements, education loan interest certificate.
4.     Run Old vs New Regime comparison:  Use the Income Tax portal’s built-in calculator or BMC’s free consultation. Enter all deductions under Old Regime and compare net tax. Choose the regime that gives lower tax.
5.     Select the correct ITR form:  ITR-1 for most salaried employees. ITR-2 if you have capital gains, foreign assets, or income above ₹50 lakh. Never guess — confirm with the form guide above.
6.     Verify pre-filled data:  The portal pre-fills much of your return from employer data and AIS. Verify every figure — errors in pre-filled data are your responsibility after submission. Check: name, PAN, employer details, bank account, salary, TDS amounts.
7.     Enter all deductions manually:  Pre-filled returns rarely include all deductions. Manually add: HRA (if not in Form 16), 80D, 80E, 80TTA, 80G, NPS 80CCD(1B), home loan principal (80C), and any other eligible deduction.
8.     Compute tax and pay self-assessment tax (if any):  If tax payable exceeds TDS already deducted, pay the balance via Challan 280 (ITNS 280 → Self-Assessment Tax, Code 300) before submitting the return. The return cannot be filed with an outstanding tax balance.
9.     Submit the return before July 31, 2026:  File on the Income Tax e-filing portal. Select AY 2026-27. Submit, and wait for the acknowledgment number.
10. E-verify within 30 days:  This is the step most people skip. A filed return that is NOT verified within 30 days is treated as not filed. Verify immediately using Aadhaar OTP (fastest), Net Banking EVC, or DEMAT account. Do not use the postal ITR-V route unless you have no digital option.
 
“Every year we get calls in August from people who filed their ITR in July but never e-verified it. The return is technically invalid. They have missed the July 31 deadline because they thought filing was the last step. E-verification is not optional — it is the last and most critical step. File AND verify. On the same day if possible.”
— CA Saroj Jha, Partner, B M C & Associates
How B M C & Associates Makes ITR Filing Effortless
ITR Filing Services for Salaried Employees
•        Old vs New Regime analysis — 20-minute consultation to determine optimal regime based on your actual deductions
•        Complete document collection checklist sent to client before appointment
•        Form 16 + AIS/26AS reconciliation — identifying any discrepancies before they trigger notices
•        All 15 applicable deductions checked and claimed — not just the ones in Form 16
•        Capital gains computation for employees who sold shares, MF, or property in FY 2025-26
•        ITR-1, ITR-2, or ITR-3 filing as applicable — correct form selection guaranteed
•        E-verification confirmation — BMC tracks and confirms e-verification for every client filed return
•        Refund tracking — follow up with Income Tax Department on refunds pending beyond 90 days
 
For Employees with Complex Income Profiles
•        Freelance income alongside salary — ITR-3 with correct profession categorisation
•        Rental income, FD interest, and dividend income — full AIS reconciliation
•        ESOP taxation — perquisite value computation and ESOP sale capital gains
•        Foreign income or foreign assets (RSUs from US parent company, overseas bank accounts) — Schedule FA and Schedule FSI compliance
•        NPS maturity / VRS / gratuity and pension taxation advisory
 
 
About B M C & Associates
B M C & Associates is a full-service Chartered Accountant firm headquartered in Gurugram, serving salaried professionals, freelancers, NRIs, and business owners across Delhi, Noida, Dwarka, Gurugram, and Uttam Nagar. With 14+ years of experience and a 90%+ client retention rate, the firm’s ITR filing practice covers Old vs New Regime advisory, Form 16 reconciliation, complete deduction optimisation, capital gains computation, ESOP taxation, NRI ITR filing, and notice management. Led by CA Bipin Kumar Jha, CA Manish Mishra, and CA Saroj Jha, BMC has filed thousands of ITRs for salaried professionals in Delhi NCR with zero defective return notices and a track record of maximising refunds through complete deduction utilisation.
 
📅  July 31, 2026 Deadline — File Your ITR Today. Free Regime Comparison Included.
Need to file your FY 2025-26 ITR before July 31? BMC’s salaried employee ITR service includes a free Old vs New Regime comparison, complete deduction review, and e-verification confirmation. Bring your Form 16 and we handle the rest. Appointments available on weekdays and weekends until July 31, 2026.
Call/WhatsApp: +91-991-084-9998  |  Email: info@bmcassociates.in  |  Visit: www.bmcassociates.in
 
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B M C & Associates
Email: info@bmcassociates.in
Phone: +91-991-084-9998  |  +91-974-887-3205
Website: www.bmcassociates.in
Office: 4th Floor, Blue 1 Square, Udyog Vihar, Sector 18, Gurugram, Haryana — 122015
Also serving: Delhi  |  Noida  |  Gurugram  |  Dwarka  |  Uttam Nagar  |  Pan-India (Online)