Service Tax Return Service

Income Tax return is required to be filed every year for every person whose income is more than the basic exemption limit as per Income Tax Act 1961. We provide consultancy for Return filling for all assesses such as Individual, Proprietors, Partnerships, Companies, Societies, Clubs and Trusts.

An income Tax return is a form that is used to file the income tax with the income tax department. This tax is imposed by the central government on the income of a person. Our company 21MS Financial Service, Maharashtra provides you with income tax return filing services at an affordable price. Filling income tax is every citizen's responsibility. The IT department verifies these declarations of income and if any amount has been paid in excess, the department refunds the amount to the assesses's a bank account. All entities are required to file the taxes on time to avoid penalty. We offer the best services and helps you with the correct form to fill the exact time. Therefore choose us and get the best services at an affordable price.

Doing justice to the stellar reputation of ours, we offer our esteemed clients a varied range of services of Service Tax Return Filing Services. We do our best to meet our clients exact needs. Our service is widely appreciated for its trustworthiness. Our well-trained staff provides services to the clients regarding the provisions concerned to service return filing. The service is provided as per the stipulation given by clients. Apart for that, quick response and execution make our service highly treasured among our clients. Details : Service Tax Registration, Service Tax Deposit Monthly/Quarterly, Half Yearly- Return Filing, Input Credit, Department Notice, Assessment, Other Compliance. Service Tax Registration is a tax registration required for businesses providing services in India. Service tax registration is an indirect tax wherein the service provider pays the tax and recovers the same from the recipient of the taxable service. At present, Service Tax is levied at 12.36% on the value of the taxable service. This includes Education Cess @ 2% on the service tax amount, and Secondary and Higher Education Cess @ 1% on the service tax amount. Service Tax registration is mandatory for every person or business in India that has provided a taxable service of value exceeding Rs. 10 lakhs, in the previous Financialyear. Service Tax Registration is required for identification of the Assessee, deposit service tax, file service tax returns and undertake various processes required under the Finance Act, 1994. Failure to obtain service tax registration would attract penalty in terms of section 77 of the Finance Act, 1994. VAT / Sales tax / TIN Registration, Monthly / Quarterly Return, Vat Audit, Assessments, Obtaining various Forms viz: C, H, F under CST

Fully-Compliant School Audit Income Tax Return Services Our friendly and highly-skilled accountants at Raj Taxation Consultancy Services based in Bhopal can complete your school audit income tax return services, irrespective of how complex and tricky it seems way before the deadline, after which the penalty is levied. Though school audit income tax returns can be done by your in-house experts, the process is quite tedious. This is why we are here to help you with our team of tax advisors. Accurate and Fast School Audit Income Tax Return Services Our advisors, consultants, and CA’s have years of experience in the field and can guide you through every step of audit income tax return solution to make the process less complicated and quick for you. We will ensure that your school audit income return is done on time, and we also keep a tab on whether you are paying in excess. We can also help you get a tax rebate and ensure your school audit income return is done accurately and in the correct format.

Simplify your tax obligations with our Income Tax Return Filing Service! Our expert team ensures a seamless and accurate filing process, saving you time and minimizing stress. Enjoy hassle-free compliance as we navigate the complexities of income tax regulations on your behalf. With a user-friendly interface and secure platform, filing your income tax return has never been more convenient. Let us handle the details, so you can focus on what matters most. Choose our service for efficient and reliable income tax return filing. Experience tax compliance made easy!

Income Tax Return (ITR) service is a critical financial year compliance for individuals and businesses. It involves the submission of detailed financial year information to the tax authorities, specifying income earned and taxes paid during a financial year. Filing an ITR is mandatory for those meeting the taxable income threshold. It helps taxpayers report their income accurately, claim deductions, and calculate the tax liability.  It is mandatory for Individuals, NRIs, Partnership Firms, LLPs, Companies, and Trusts to file Income Tax Returns each year. Who must file for Income Tax Returns? Individuals or NRIs must file their Income Tax Return if their income exceeds Rs. 2.5 lakhs per annum. Proprietorship firms or partnership firms must file Income Tax Returns (irrespective of the amount of income or loss). All Companies and LLPs must mandatorily file Income Tax Return irrespective of turnovers or profits. What you need to do? You need to just upload your documents and sit back & relax. Our experts will file your Income Tax Return and will acknowledge it within 1 - 2 business days. Penalty for Late Filing Income Tax Return Taxpayers who do not file their Income Tax Returns on time are subject to penalties and are charged interest on the late payment of income tax. Also, the penalty for late filing of Income Tax Returns (on time) has been raised recently. The penalty for late filing of Income Tax returns is as follows: Late FilingPenalty Imposed (Latest) Between 1st August and 31st December Rs. 5000 After 31st December Rs. 10,000 If taxable income is less than Rs. 5 lakhs Rs. 1000

The Ministry of Finance notified new Return Forms for the AY 2020-21, whereby firms who are liable for tax audit under s.44AB of the Income Tax Act 1961 and Corporate taxpayers mandatory to file their return electronically under digital signature. All other categories of taxpayers (other than charitable trusts, institutions, etc.) could file the return in a paper form or electronically, or in a bar-coded return form. Individual and HUF taxpayers were required to furnish only that information with regard to transactions, which were reported through Annual Information Returns (AIR). CBDT Introduces New Series of Forms for Filing of Income Tax Return for the Assessment Year 2020-21 The Forms for Return of Income are assessment year specific. For the assessment year 2020-21, the Central Board of Direct Taxes have introduced the following eight Return Forms under a new series.Last year, electronic filing was made compulsory for corporate tax-payers. E-filing of corporate returns has been a resounding success. Therefore, it is important to carry forward this successful initiative. In the Budget Speech – 2007, the Finance Minister had announced that electronic filing of returns would be made mandatory for more categories of taxpayers. Accordingly, for assessment year 2009-10, it would be mandatory for firms liable to tax audit under section 44AB to file their returns electronically. Corporate taxpayers and such firms may either file their return electronically under digital signature or may transmit the data of the return electronically and thereafter submit a one page verification Form which contains a summary of the return transmitted electronically.All other categories of taxpayers (other than charitable trusts, institutions, etc.) will have the option to file the return in a paper form or electronically, as mentioned above, or in a bar-coded return form. Last year, the Government had introduced a cash flow statement for Individuals and HUFs. However, in response to representations against the cash flow statement, the same has been withdrawn. Individual and HUF taxpayers would now be required to furnish only information with regard to transactions which are reported through Annual Information Returns (AIR).

Income Tax Return Service helps individuals, businesses, and professionals file their annual income tax returns accurately and on time. This service assists with the preparation, review, and submission of income tax returns in compliance with Indian tax laws. It ensures proper documentation of income, deductions, exemptions, and tax credits, helping to minimize tax liabilities and maximize refunds. By using professional Income Tax Return Services, clients can avoid penalties, reduce errors, and simplify their tax filing process. This service also provides ongoing support for tax planning, audits, and compliance, ensuring peace of mind and efficient management of tax-related responsibilities.

Optimize your tax compliance with our GST (Goods and Services Tax) Return Filing Service. We ensure accurate and timely filing, eliminating the complexities of GST returns. Our dedicated team handles data compilation, reconciliation, and submission, guaranteeing adherence to regulatory guidelines. With a focus on efficiency, we minimize errors and facilitate a seamless filing process. Stay updated on GST law changes with our expert insights, ensuring your business remains compliant. Trust us for a reliable, hassle-free experience, allowing you to concentrate on your core operations. Partner with our service to streamline your GST tax return filing, promoting financial accuracy and statutory adherence.

Income Tax Return filing services streamline the process of submitting annual tax declarations to the tax authorities. These services assist individuals and businesses in accurately reporting their income, deductions, and tax liabilities in compliance with tax regulations. By ensuring proper documentation and adherence to deadlines, income tax return filing services help clients avoid penalties and maintain financial transparency. Professional assistance in this regard ensures a smooth and efficient tax filing process, optimizing tax returns and minimizing the risk of errors or oversights.

Tax returns in the United States are reports filed with the Internal Revenue Service (IRS) or with the state or local tax collection agency containing information used to calculate income tax or other taxes. A tax return is a documentation filed with a tax authority that reports income, expenses, and other relevant financial information. On tax returns, taxpayers calculate their tax liability, schedule tax payments, or request refunds for the overpayment of taxes. Manoj Pahwa & Associates (Chartered Accountants) is one of the reliable taxation service providers that provide authentic Taxation Consultancy Services in India and in foreign. CA Manoj Pahwa has extensive knowledge and experience in the enforcement of US taxation Return.