Income Tax Advisory & Litigation in Hyderabad 

Whether you are a salaried employee, business owner, freelancer, NRI, or startup founder, filing your income tax return accurately and on time is both a legal obligation and a financial opportunity. At Obaid Khan & Associates, we handle ITR filing for all categories of taxpayers across Hyderabad, with the precision and care that comes from Big 4 experience and a 47th All India rank. 

Our income tax services include ITR filing for all forms (ITR-1 to ITR-6), advance tax computation, tax planning under the new and old tax regimes, TDS reconciliation with Form 26AS and AIS, response to income tax notices and scrutiny assessments, appeal representation before CIT(A) and ITAT, rectification requests, refund follow-ups, and capital gains computation for property, shares, and mutual funds. 

From FY 2025-26, salaried individuals earning up to ₹12.75 lakh effectively pay zero income tax under the new regime, the ₹75,000 standard deduction brings taxable income down to ₹12 lakh, and the full tax on that amount is waived through the rebate under Section 87A. Choosing between the new and old regime still requires careful analysis of your deductions and investments, and we help you make that choice correctly before filing.  

We serve salaried professionals, doctors, lawyers, IT employees, business owners, partnership firms, private limited companies, LLPs, OPCs, NRIs with India-sourced income from US, UK, Canada, New Zealand, Singapore, Malaysia, Dubai, Saudi, etc from all over the world, and individuals with capital gains from property or stock market transactions. Our clients are spread across Banjara Hills, Jubilee Hills, Madhapur, Gachibowli, Hitech City, Kukatpally, Ameerpet, Secunderabad, Mehdipatnam, Tolichowki, Attapur, Rethibowli, Masab Tank, Malakpet, Nampally, Charminar, Falaknuma, and all areas across Hyderabad and Rangareddy district. 

In recent years the Income Tax Department has issued a surge of notices to salaried taxpayers across Hyderabad and India. The most common reason, deductions from the old tax regime being incorrectly claimed under the new regime, where they are not permitted. HRA exemption, LTA, and Chapter VI-A deductions like 80C and 80D do not apply under the new regime. Claiming them is treated as a false declaration and triggers notices with demand for tax, interest, and penalty. 

A second and more damaging problem we see regularly: unqualified consultants who charge 10% to 30% of your refund as their fee. Because their income depends on the size of your refund, they inflate it by claiming deductions you are not entitled to. This generates a large refund that makes you happy in the short term, but months or years later comes an income tax notice, a demand to repay the refund with interest under Section 234B and 234C, and penalties under Section 270A. The consultant disappears. You face the consequences alone. 

We have helped many clients across Hyderabad in exactly this situation, revising incorrectly filed returns, responding to notices, and working with the department to minimise interest and penalty impact. If you have received an income tax notice or suspect your previous return was filed incorrectly, WhatsApp us immediately. Early action significantly reduces the damage. 

Looking for a trusted CA for income tax filing in Hyderabad? WhatsApp us to schedule a consultation, charges apply based on the nature and complexity of your case. If your matter is urgent, feel free to call us directly at +91 9160091660. We are a working CA firm with active client commitments, and we treat every new enquiry with the same seriousness we give our existing clients. 

Read our article: Got an income tax notice? Your consultant may be the reason