- +91 96767 78787
- +91 9949778787
- ratakondaassociate@gmail.com
- KPHB | Pragathi Nagar, Hyderabad. Benz Circle, Vijayawada
Ratakonda Associate provides professional income tax return filing services in Hyderabad for individuals, businesses, and NRIs. With our 25+ years of tax expertise, we ensure accurate ITR preparation while identifying legitimate deductions to minimize your tax liability and prevent compliance issues.
Our CA-led team delivers:
We handle all categories of individual tax returns including ITR-1 for salaried professionals with single house property income and ITR-2 for those with capital gains from stocks or real estate. Our specialists manage complex filings involving multiple property incomes and foreign assets. For NRIs/PIOs, we ensure proper residential status determination and file ITR-2/ITR-3 with accurate foreign income reporting and DTAA benefit claims to prevent double taxation.
Our business tax services cover proprietorships and freelancers (ITR-3/ITR-4) with precise profit calculations and expense validations. We file partnership returns (ITR-5) with proper profit-sharing allocations and corporate returns (ITR-6) with book profit reconciliations. For eligible small businesses, we optimize tax liability through presumptive taxation (Section 44ADA) while maintaining compliance with audit requirements when thresholds are crossed.
We provide proactive tax planning including salary restructuring to maximize HRA/standard deduction benefits and investment portfolio analysis for Section 80C/80D optimization. Our advisors compare tax-saving instruments (ELSS, NPS, insurance etc.) for optimal returns and handle complex NRI taxation strategies involving foreign tax credits, DTAA applications, and FATCA compliance for US-connected clients.
Our notice handling service includes responding to defective return notices (139(9)) with corrected filings and addressing 143(1) intimations for processing errors. We provide complete scrutiny assessment support with document preparation and representation. For disputed cases, we prepare and file appeals before CIT(A) with strong legal arguments and precedent support to protect your interests.
As an NRI working in Dubai, their dual-taxation advisory helped me legally avoid double taxation on my Florida rental income through proper DTAA application and FTC claims.
Dr. Anjali Kapoor NRI Banking ExecutiveTheir team resolved my longstanding ₹4.2L income mismatch notice from FY2018-19 within just 3 weeks through proper documentation and appellate representation.
Mr. Vijay Reddy Owner, Spice Trail RestaurantDepends on income sources:
Salaried (ITR-1)
Capital gains (ITR-2)
Business income (ITR-3/4)
Form 16/16A
Investment proofs
Bank statements
Previous ITR copy
₹5,000 (if filed after Dec 31) + interest @1% monthly
Yes, within 2 years of assessment year
2-22-108/3A, 4th St, opp. SVS Enclave, near Balaji Kirana Stores, Vijaya Nagar Colony, Kukatpally, Hyderabad, Telangana 500072
4th Floor, PVR Icon, Plot No.46P AND 47, Pragathi Nagar, Hyderabad, Medchal Malkajgiri, Telangana, 500090
Plot no:3, Sai Nagar, opp Vennala Childrens Hospital, Beside Trendset Mall Service road, Benz Circle, Vijayawada, Andhra Pradesh 520010
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Ratakonda's tax experts saved me ₹68,000 by correctly claiming overlooked HRA and LTA benefits in my ITR. Their meticulous approach uncovered exemptions my previous CA had missed for years.
Mr. Rohan Sharma Senior Software Engineer, TechMahindra