Income Tax Consultants

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.

Income Tax E-Filing Service helps individuals and businesses file their income tax returns online in a quick and hassle-free manner. This service ensures accurate filing by assisting with the preparation, review, and submission of tax returns in compliance with Indian tax laws. It helps taxpayers claim deductions, manage refunds, and avoid penalties for late filing. By using professional Income Tax E-Filing Services, individuals can ensure that their tax liabilities are properly calculated, reducing the risk of errors. This service also keeps tax documents secure and accessible, simplifying the annual tax process while ensuring timely compliance with the Income Tax Department.

Our Income Tax Audit Services provide comprehensive support for businesses and individuals in fulfilling their tax audit obligations under the Income Tax Act. Our expert team ensures that your financial records, books of accounts, and tax filings are thoroughly reviewed and compliant with all legal requirements. We help identify discrepancies, optimize tax deductions, and minimize liabilities, ensuring accurate reporting of income and expenses. With our timely and professional services, we ensure that your tax audit is completed smoothly, reducing the risk of penalties or scrutiny from tax authorities.

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.

Our online income tax consultants provide expert guidance and hassle-free tax solutions. We offer personalized tax planning, preparation, and filing services, ensuring compliance and maximizing your refunds. Our experienced consultants stay updated with the latest tax laws and use secure digital platforms for efficient, confidential service. Whether you're an individual or a business, we simplify the tax process, saving you time and money. Trust our professional team for reliable, convenient online tax consultancy that supports your financial well-being.

  Optimize your tax strategy with our Income Tax Consultancy service. Our experienced tax consultants provide personalized advice, ensuring compliance with ever-evolving tax regulations. Whether you're an individual or a business, we offer strategic planning, efficient filing, and proactive solutions to minimize liabilities. Navigate complex tax landscapes with confidence, leveraging our expertise to uncover deductions, credits, and exemptions. Stay informed about regulatory changes and benefit from tailored advice that aligns with your financial goals. Choose our Income Tax Consultancy service for reliable, transparent, and client-focused tax guidance that empowers you to make informed decisions and achieve optimum financial outcomes.

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 returns , tax planning, assessments

For filing income tax returns, tax audit reports, class 2 digital signature certificate is required. If you are seeking support to buy Class 2 DSC, feel free to connect with us. At E- Filling Infotech Private Limited, we provide complete support to meet the client’s requirements. An income tax digital signature certificate is required to verify the IT return file by an assesse and the identity of the tax return uploader. We are based in Kolkata (West Bengal, India), feel free to connect with us.

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.

We have emerged as a highly reliable Income Tax Consultant in Kolkata. Providing complete assistance for the Income Tax related issues of the clients, we deliver all-round assistance to the clients through the Income Tax Consultancy Services. The Income Tax Consultancy Services, which we are offering, are widely appreciated for their in-depth analysis of the clients’ needs and we offer highly customized solutions to the clients. The timely and efficient Income Tax Consultancy Services are delivered at cost-effective prices.   Tax AssistanceWe take a holistic view, combining industry insight with the technical skills of financial and tax professionals, economists, lawyers and our other in-house resources as necessary, to develop comprehensive integrated solutions. Our tax services include : Getting Permanent Account Number (PAN) Filing of Income Tax Returns E-filing of TDS Returns Consultancy on Income Tax Matters Faster process of Income Tax Refunds Consultancy on Tax Planning & Savings Maintenance of Income Tax Records Liaison with Income Tax Authorities Tax deduction account numbers Services related to withholding taxes

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

Making use of comprehensive knowledge of industry, we are involved in providing our clients a superlative range of quality services in Income Tax Return Services. Our range of services includes Income Tax Return Filing, Tax Deposit, TDS Returns, TAN, PAN, MAT, Tax Planning, NRI Taxation, Scrutiny, Assessments, Representing for Appeals etc. We have a team of well qualified professionals who are able to provide excellent services given their strong academic background. The services availed from us are widely admired by our clients. Details : Income Tax Return Filing, Tax Deposit, TDS Returns, TAN, PAN, MAT, Tax Planning, NRI Taxation, Scrutiny, Assessments, Representing for Appeals etc. Income tax return All individuals earning taxable income must pay their taxes and file their income tax return each year with the Income Tax Department. The income tax return for individuals is due on the 31st July of each year and must be e-filed in case the income of the individual is more than Rs. 5 lakhs per year. Non-filing of Income Tax return can lead to penalties and loss of certain deductibles, leading to higher income tax liability. Luxe Finalyzer can help individuals e-file their Income Tax Return with the Income Tax Department. Once you submit the required set of information and documents, our Tax Experts will prepare your IT Return for you. Once, the e-return is verified by you, we can file the Income Tax E-Return and provide acknowledgement from the Income Tax Department, Government of India.

Ours is a Delhi, India based tax advisory company, catering to businesses and individuals in their income tax requirements. We are aided by a group of tax advisory agents, who work in coordination and ensure that the provided solutions comply with the stated tax norms and client’s requirements. With our services, we assess the individual’s tax needs and render advisory for calculating deduction, tax planning and structuring of transactions. Besides, we assist clients in tax litigation needs and ensure that the provided solutions adhere to the norms of income tax.

We also offer income tax services that comprise taxation on income earned in a financial year a part of which is taxable as per rates prescribed for that year. With the financial year running from 1 April to 31 March of following year, broadly taxpayers are classified as residents or non-residents where the individual taxpayers can be classified as ‘residents but not ordinary residents’. Our team of tax consultants and financial advisors also allows us to offer Income tax consultancy services that are aimed at offering business solutions to Manufacturers, Traders, Dealers as well as Service providers of industry.Residential StatusAn individual is considered resident in India if he is in India in tax year for: 182 days or more; 60 days or more where the period of 60 days stands changed to 182 days or more for – Indian citizens/persons of Indian origins on visit to India For citizens of India leaving India for employment abroad as members of crew of Indian ship during tax year A resident is “not ordinarily resident” in India in any tax year if he: Has been “non-resident” in India in nine out of 10 previous years preceding that year Has during previous seven years, preceding that year been in India for total period of 729 days/less Heads of IncomeIncome is categorized under five broad heads/classes where the taxable component of income is ascertained as per the rules for particular head/class of income followed by aggregation for determining total taxable income. These include: Salaries – Received against services rendered and include wages, pension, fees, commission and taxable value of perquisites. Income from house properties that comprise income that arises from use of residential/commercial properties. Here, only two prescribed deductions are permitted while computing income. Profits and Gains from Business/Profession that covers income earned from business/profession that is net of permissible deductions, against revenue earned. Capital Gains that covers gains which arise from transfer of capital assets and the period of holding determining classification of asset, which then determines manner of taxation. The gains comprise short-term assets and long-term capital assets. Sale of Certain Specified Investments that are subjected to taxation under which tax is levied on value of transaction. Income from Other Sources that are residuary head/class of income covering any income not specifically dealt with under other heads. Rules Governing Foreign NationalsFor foreign nationals, Indian tax law provides exemption of income earned subject to prescribed conditions. This is based on conditions like – Individual’s stay in India does not exceed 90 days Payment made is not deducted in computing income of employer Remuneration received by person employed on foreign ship provided his stay in India not exceeding 90 days Remuneration of foreign diplomats, consular staff, trade officials and their staff and family Income of employee/consultant of government approved foreign charitable institutions CompaniesDomestic Company Income-tax @ 25% of total income for companies having turnover does not exceed 400 crore, in other case 30% Surcharge at the rate of 7% of income tax provided that total income exceeds Rs. 1 crore and 12% in case income exceeds Rs. 10 crore Education Cess @ 4% of total of Income-tax and surcharge Firms Income-tax @ 30% of total income Surcharge at the rate of 12% of income tax provided that total income exceeds Rs. 1 crore Education Cess of 4% of total of Income-tax and surcharge Kinds of Taxes Annual Tax which is levied on income earned in a financial year and is based as per the rates declared in annual budget. With rates varying with each budget, the tax is payable in advance by way of quarterly installments during financial year. Minimum Alternate Tax (MAT) is tax levied @ 19.055% of book profit. Here, the surcharge is at the rate of 7% of such income tax provided that total income exceeds Rs. 1 crore. Further, the Education Cess is @ 4% of total Income-tax and Surcharge.

Section 139 of Income Tax Act, 1961 deals with the provisions of mandatory filing of return of income within the prescribed time frame mentioned therein. Every person who is in receipt of income which exceeds the prescribed basic exemption limit are required to file his / her return of income for the relevant assessment year and pay income tax thereon.Who is required to file Return of Income? :Every person is required to file his / her return of income, if he / she is in receipt of income which exceeds the maximum amount not chargeable to income tax, within the prescribed due date of filing of return of income.   As per Section 2(31) of Income Tax Act, 1961, Person includes an individual, a Hindu undivided family, a company, a firm, an association of persons or body of individuals, whether incorporated or not, a local authority, and every artificial juridical person, not falling within any of the preceding sub-clauses. Rush to file your Income Tax Return on Time.We will help you to file your tax returns !!.

Our Income Tax Filing Service provides a hassle-free solution for individuals and businesses to file their taxes accurately and on time. Our team of experienced tax professionals ensures that all your financial information is carefully reviewed, maximizing deductions and minimizing liabilities. Whether you’re filing as an individual or for your business, we offer personalized guidance tailored to your unique needs. We keep you informed throughout the process, ensuring compliance with all tax regulations. Trust us to handle your tax filing efficiently, allowing you to focus on what matters most to you. Contact us today for expert tax support.

Income Tax is a Direct Tax that is levied on the net income earned by an individual, company or any other person. The amount that is calculated as income tax is calculated as a percentage on the earnings of the said person or entity. Each person is required to declare their earnings to the government by way of an annual income tax return³ and pay their taxes due as per the applicable laws. Non-payment of tax and non-filing of tax returns³ is punishable by the law.In India – income tax is levied by the Government of India under the Income Tax Act, 1961. The money collected into the government coffers is used to pay for expenses on infrastructure, development, fund other public services and other such expenses needed to perform the government tasks and obligations that are required to run a country.India, like most other countries, employs a progressive system of taxation, where the rate of tax is higher for high income earners. There are a series of deductions available on the tax payable in respect of certain expenses or investments. The savvy taxpayer makes note of these and does adequate tax planning to optimise their tax liability.

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.

Are you tired of the annual hassle of filing your income tax returns? Are you looking for professional assistance to ensure accuracy and maximize your tax refunds? Look no further! Our expert income tax filing services are here to make the process smooth, efficient, and rewarding for you. We provide below Income tax return service -  1.ITR 1( for salaried person & other income) 2.IEC Registration including Govt fees ( partnership/ proprietorship) 3. I.T.R correction