Hi friends,
Let's begin it with a light joke -
"The latest income-tax form has been greatly simplified & now it consists of only three parts:
1. How much did you make last year?
2. How much do you have left?
3. Send amount listed in part 2 !! :-P "
- Ok, let me introduce myself first :
- I am a Tax advisor & provide online correspondence services since 2013.
- My qualification is C.A.
- I offer tax return services all over India, via completely online communication.
- It is compulsory for every person to disclose his/her income every year, via Income tax return. Below is detailed description of this fact.
What is a Tax Return ?
- A Tax Return is an information sheet related to the incomes of different classes of people for a particular year.
- It is, in a sense, a confession of one's earnings for a year.
- Its format is modified & declared every year by I.T. Dept.
- Tax returns are released as different types of forms, e.g. ITR-1 for salaried people, ITR-5 for firms, ITR-4 for businessmen & professionals etc.
- Remember => Paying tax is NOT the same as filing tax return. You may not be having taxable income & may not be required to pay tax for a particular year, yet you will still be required to file tax return for the same year.
It is compulsary to file his tax return on every person, whether he earns no profit, or a little profit or even if he suffers losses, during a particular year.
Importance of filing your tax return
- If you are a salaried person / a share trader / a contractor or a commission agent, your income informations are regularly & directly monitored by the Income tax Dept via the TDS return filed by your TDS deducter.
- The reason is improved monitoring due to stricter 'know-your-customer' norms and online filing of returns, both of which have made data processing easier and faster.
- Hence, in case your return for any year is found to be non-filed, I.T. Dept. issues a notice to you, addressing the non compliance & may also impose penalty on you. [ Section 139 (1), Income-Tax Act, 1961 ]
- If any tax is due, the department charges 1% interest per month, from the due date. [ Section 234A, Income-Tax Act, 1961 ]
WHY YOU GET I.T. DEPT.'S NOTICE
Read it here - http://returnfiles.blogspot.in/2016/03/causes-of-it-notices.html
- It is, therefore, strictly advised that you get your I.T. return filed for every year on time, without any delay.
- You are not required to pay any tax, if your total income, for instance, for the year 2014-15, is Rs. 2,70,000/- or less. Such a tax return is called a 'NIL return', which is also compulsory to file.
- For procuring a loan, it is compulsory for you to furnish at least 3 years' I.T. Returns to the lending institution (bank etc.), with a 6 months gap between the filing dates of each of them.
- You can claim back your TDS amount, only if your return is filed.
Tax return services
- I offer Income Tax returns filed for Rs. 300 only per year, which is the lowest fees (market rate Rs. 750 to Rs. 1500).
- Also GVAT returns filed for Rs. 100 only per period (month/quarter).
- No face-to-face meetings required, as the complete procedure happens online only, thus saving your time & efforts.
- It is exactly like buying a product online from online selling websites, through 'Cash on delivery' option !!
Requirements
- For filing a salaried person's return, requirements are -
* Your PAN
* Form No. 16 (provided by the employer) for the relevant year
* Amounts & details of your other incomes for the relevant year, e.g. interest, rent, buy/sell of property/shares etc.
- For persons other than above, requirements are -
* Your PAN
* Financial statements for the relevant year, i.e. Profit & Loss A/c, Capital A/c & Balance Sheet
* Amounts & details of your other incomes for the relevant year, e.g. salary, interest, rent, buy/sell of property/shares etc.
- Even if, in special cases, the financial statements are not available, it is still possible to file your tax return.
Simple procedure & Advantages
- You just need to email the soft copies of the above mentioned documents to my email ID, while sitting at home, at your convenience. Hence you need not visit any Advocate's office.
- You'll need not pay anything before the completion of work. Hence no risk of any type of dispute.
- After completion, Acknowledgement & Computation will be emailed to you, which are the proofs of the work completion.
- Thus, it is a completely online dealing, a complete peace of mind. Distances are no bar here.
My Contact details
Cell # 9879 795479 (Whatsapp)
Email : mr.sumrani@gmail.com
- All your queries are welcome, after all, advises are not chargeable !!
- Contact now & share with colleagues !!
Let's begin it with a light joke -
"The latest income-tax form has been greatly simplified & now it consists of only three parts:
1. How much did you make last year?
2. How much do you have left?
3. Send amount listed in part 2 !! :-P "
- Ok, let me introduce myself first :
- I am a Tax advisor & provide online correspondence services since 2013.
- My qualification is C.A.
- I offer tax return services all over India, via completely online communication.
- It is compulsory for every person to disclose his/her income every year, via Income tax return. Below is detailed description of this fact.
What is a Tax Return ?
- A Tax Return is an information sheet related to the incomes of different classes of people for a particular year.
- It is, in a sense, a confession of one's earnings for a year.
- Its format is modified & declared every year by I.T. Dept.
- Tax returns are released as different types of forms, e.g. ITR-1 for salaried people, ITR-5 for firms, ITR-4 for businessmen & professionals etc.
- Remember => Paying tax is NOT the same as filing tax return. You may not be having taxable income & may not be required to pay tax for a particular year, yet you will still be required to file tax return for the same year.
It is compulsary to file his tax return on every person, whether he earns no profit, or a little profit or even if he suffers losses, during a particular year.
Importance of filing your tax return
- If you are a salaried person / a share trader / a contractor or a commission agent, your income informations are regularly & directly monitored by the Income tax Dept via the TDS return filed by your TDS deducter.
- The reason is improved monitoring due to stricter 'know-your-customer' norms and online filing of returns, both of which have made data processing easier and faster.
- Hence, in case your return for any year is found to be non-filed, I.T. Dept. issues a notice to you, addressing the non compliance & may also impose penalty on you. [ Section 139 (1), Income-Tax Act, 1961 ]
- If any tax is due, the department charges 1% interest per month, from the due date. [ Section 234A, Income-Tax Act, 1961 ]
WHY YOU GET I.T. DEPT.'S NOTICE
Read it here - http://returnfiles.blogspot.in/2016/03/causes-of-it-notices.html
- It is, therefore, strictly advised that you get your I.T. return filed for every year on time, without any delay.
- You are not required to pay any tax, if your total income, for instance, for the year 2014-15, is Rs. 2,70,000/- or less. Such a tax return is called a 'NIL return', which is also compulsory to file.
- For procuring a loan, it is compulsory for you to furnish at least 3 years' I.T. Returns to the lending institution (bank etc.), with a 6 months gap between the filing dates of each of them.
- You can claim back your TDS amount, only if your return is filed.
Tax return services
- I offer Income Tax returns filed for Rs. 300 only per year, which is the lowest fees (market rate Rs. 750 to Rs. 1500).
- Also GVAT returns filed for Rs. 100 only per period (month/quarter).
- No face-to-face meetings required, as the complete procedure happens online only, thus saving your time & efforts.
- It is exactly like buying a product online from online selling websites, through 'Cash on delivery' option !!
Requirements
- For filing a salaried person's return, requirements are -
* Your PAN
* Form No. 16 (provided by the employer) for the relevant year
* Amounts & details of your other incomes for the relevant year, e.g. interest, rent, buy/sell of property/shares etc.
- For persons other than above, requirements are -
* Your PAN
* Financial statements for the relevant year, i.e. Profit & Loss A/c, Capital A/c & Balance Sheet
* Amounts & details of your other incomes for the relevant year, e.g. salary, interest, rent, buy/sell of property/shares etc.
- Even if, in special cases, the financial statements are not available, it is still possible to file your tax return.
Simple procedure & Advantages
- You just need to email the soft copies of the above mentioned documents to my email ID, while sitting at home, at your convenience. Hence you need not visit any Advocate's office.
- You'll need not pay anything before the completion of work. Hence no risk of any type of dispute.
- After completion, Acknowledgement & Computation will be emailed to you, which are the proofs of the work completion.
- Thus, it is a completely online dealing, a complete peace of mind. Distances are no bar here.
My Contact details
Cell # 9879 795479 (Whatsapp)
Email : mr.sumrani@gmail.com
- All your queries are welcome, after all, advises are not chargeable !!
- Contact now & share with colleagues !!
