ITR 3 Submit your details with us Email: [email protected]: +91 9356239182 Work HoursMonday – Saturday09:00 am to 6:00 pm Contact US We are a ready to use back office for your business. Feel free to contact our team for assistance and support. Click Here
ITR 2 Submit your details with us Email: [email protected]: +91 9356239182 Work HoursMonday – Saturday09:00 am to 6:00 pm Contact US We are a ready to use back office for your business. Feel free to contact our team for assistance and support. Click Here
ITR 1 Submit your details with us Email: [email protected]: +91 9356239182 Work HoursMonday – Saturday09:00 am to 6:00 pm Contact US We are a ready to use back office for your business. Feel free to contact our team for assistance and support. Click Here
Tax Audit Section 44AB of the Income-tax Act, 1961, outlines the provisions for conducting a tax audit of a firm or entity. The purpose of the tax audit is to verify that the taxpayer has furnished comprehensive and accurate information concerning their incomes, deductions, and taxes. This audit is carried out by a Chartered Accountants.
Revised ITR Section 139(5) of the Income Tax Act of 1961 provides taxpayers with the option to submit a revised income tax return if errors were made in previously filed returns. Incase if you discover errors or omissions in your initial ITR, such as reporting incorrect income, deductions, or other details, a Revised Return allows
Updated ITR Have you ever overlooked reporting income or made an error in your Income Tax Return (ITR)? Section 139(8A) within the Income Tax Act provides you with an opportunity to amend your ITR within a two-year period. This two-year duration is calculated from the conclusion of the year in which the initial return was
Tax Deducted at Source TDS TDS, or Tax Deducted at Source, refers to the practice of deducting a certain amount of tax by the payer from payments made to the payee. The Income Tax Law mandates specific tax payers making certain payments to withhold some amount as TDS and pay it directly to the Government.
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TDS on Purchase of Property In accordance with the Finance Act of 2013, TDS (Tax Deducted at Source) is applicable on the purchase of immovable property such as Land, Building, when the sale consideration is ₹ 50,00,000 (Rupees Fifty Lakhs) or more. Sec 194 IA of the Income Tax Act stipulates that, in such transactions,
Replying Tax Notices If you have received a Tax Notice from Tax Officials, it’s important not to panic. Generally, these notices are generated through a Computer-Aided Scrutiny Selection System, where taxpayers meet specific criteria for issuing clarification notices. In the current stringent regulatory environment with quick turnaround times, many people receive tax notices through various
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Tax Planning Tax planning is the strategic approach of minimizing tax payments by utilizing all available deductions, allowances, and exclusions permitted by law. This process involves structuring income in a legal manner to take advantage of various exemptions and deductions. Tax planning utilizes advantageous provisions within the framework of tax laws, allowing taxpayers to benefit
