INCOME TAX FILING
Income Tax Return (ITR) is a form in which the taxpayers file information about his income earned and tax applicable to the income tax department. Every taxpayer should file his ITR on or before the specified due date. The Income Tax Act, 1961, and the Income Tax Rules, 1962, obligates citizens to file returns with the Income Tax Department at the end of every financial year.
Income Tax Services include:
- Preparation & Filing of Income Tax Return
- Assessment of Tax Returns
- Consultancy in Income Tax matters & Effective Tax Planning
- TDS & Withholding tax compliance
- Lower or No TDS Deduction Certificate related consultancy
- Filing and attending Income tax Appeals before Commissioner of Income Tax (Appeals)
- Filing and attending Income tax Appeals before ITAT
- Advance Tax estimation and deposit
Income Tax Return (ITR) filing is a must for salaried persons. ITR not just helps salaried persons in establishing themselves as honest taxpayers but also helps them in availing loans, travelling abroad and acting as a proof of income required, claiming refund etc.
Societies & Trust Related Services
- Registration U/s 12A and 80G of Income tax Act.
- Audit of Society & Trust.
- Consultancy in above matters.
- Fining of Annual Return of Co operative Societies.
- Filing of Return with Charity Commissioner of Trust.
A business tax return is basically an income tax return. The return is a statement of income and expenditure of the business. Also, any tax to be paid on the profits made by you is declared in this return. The return also contains details of the assets and liabilities held by the business. Items like fixed assets, debtors and creditors of business, loans taken and loans were given are declared here.