Accounting & Tax
Accounting & Tax
One thing you would surely agree on is the fact that Indian Taxes is that it is challenging. Every responsible Indian citizen needs to file an income tax to the government. You can easily file income tax online with the present technology. The processes are fast and also accurate. But Taxes Efiling is all about filing the ITR forms. It is a critical task because the income tax department has different forms. All the forms of a specific function belong to a specific category. Even if you miss out on a single field in the form or make any errors in your income tax, you would not be part of the field. This is where you need guidance. You can connect with experts like us for your Efiling Accounting Taxes in India.
One-person company is generally a new concept, and it is seeing a big boom here. The one-person company in India will have a significant impact on economic and national development.
Request Quotation
Wondering about overall cost of Private Limited Company Registration.
Get a detail proposal & guide on incorporation process
Documents required for ITR return file
You need to submit the following documents if you are an employee
- PAN card
- Salary Slip
- Form number 16 provided by the employer
If you are a business owner, then you have to submit the following documents
- Business account details
- Trading report
- If any profit and loss statement
You have to submit the following documents otherwise:
- TDS certificates that the bank provides
- Investment proof
- Asset purchase or sale documents
- Receipts regarding your donation mutual funds and other investment forms
Benefits of filing income tax return timely
You can now easily place the order for the registration of a one-person company as we have an easy, transparent OPC registration free calculator. You just need to submit essential details once you have placed the order with us. You can submit the details through the online questionnaire for registration.
Loans
Bank loans, including education loans and personal loans, can be availed easily as they require the last three years of IT return.
Visa
The immigration centers scrutinize several documents, and is centers' proofs are important for visa applicants.
Avoid penalties
You have to pay a heavy penalty if you file the income tax late.
Let's Work Together
Dedicated expert & account manager | Data review & correction by expert | Post return filing support | Suggestions on best tax saving options
Last date for filing the income tax return
Even if you are going for Free Efiling Taxes in India, you need to ensure that you align with the last date for filing the income tax.
- Whether you are a company or an individual and or not liable for or date, you must file an income tax return before 31st July every year.
- If a company is liable for an audit, you must file the IT returns before 30th September every year.
- Individuals and companies filing the belated returns must complete it by 31st March every year.
How can you file your income tax return?
- Firstly you need to have all the soft copies of the scanned copies of the required documents, including the bank statement and last year’s return. You have to fill out the income tax form number16.
- You have to submit all the required documents to the experts.
- Experts will file income tax returns online through the registered portal.
- The form should be selected based on the category, and experts will also fill in the required information. They will claim the exemptions apply.
- The experts will inform you regarding the tax payable amount after all the exemptions.
- Subsequently, the income tax return would be filed without any stress.
If you are non-compliant with filing income tax returns, then you have to go through some penalties. So instead of taking the risk, you should always hire an expert to help you with income tax filing.
FAQs
