Income Tax Services
Every business entity and person earning some income needs to comply with certain compliances prescribed under Income Tax Act, 1961. There are numerous compliances needs to be complied by every assesse in regard to filing of Income Tax Return, TDS & TCS Return, Other Forms required under the Income Tax Act and others.
In line with the key compliances proposed in the Income Tax Act, we provide numerous services for considerable ease in doing business.
Every assessee, must carefully manage all compliances under Income Tax Act to help avoid penalties and fines imposed under the Act for non compliance.
We provide below mentioned services in the area of Income Tax to our clients located all over India:
Income Tax Return
TDS Return Filing
TCS Return Filing
Filing of Form 26QB
Reply to Tax Notices
Appeal Filing
Income Tax Return
Income Tax Return is to be filed with Income Tax Department as a statement of Income Earned.
Any person earning an income from sources salary, rent, and interest income from savings, income from mutual funds, sale of property or business or professional income, above a certain amount is required to submit Income Tax Return. Income tax rates are decided at the start of the financial year in the Union Budget (in the Parliament of India). The tax paid on these incomes is called the income tax.
We would help you to file your ITR. We are the Group of professionals and expert in providing Income Tax Return (ITR) Filing consultancy. Our Income Tax Return (ITR) Filing Consultant provides Income Tax Return (ITR) Filing services on all over India basis.
Why choose us for your ITR filing?
Service on all India Basis
Best Professional Consultancy
All Compliances in timely manner
Tax Saving
100% Security of your Data
Accurate working
Customer Satisfaction
Continues track of your refund
Types of ITR Forms
ITR Forms for Individuals
ITR – 1 (Sahaj) – For individuals earning income from salaries, one house property, interest income, agriculture, other sources, etc.
ITR – 2 – For Individuals and HUFs having income other than from profits and gains of business or profession. It may be from capital gain, lottery or foreign assets, etc.
ITR – 3 – For individuals and HUF with income from profits of a business or profession.
ITR – 4 (Sugam) – For Individuals, HUFs and Firms (other than LLP) having presumptive business income tax returns. This is computed under sections 44AD, 44ADA or 44AE.
ITR Forms for Non Individuals
ITR – 5 – Entities other than,- (i) individual, (ii) HUF, (iii) company and (iv) person filing Form ITR-7
ITR – 6 – All companies except those that claim tax exemption as per Section 11.
ITR – 7 – Persons incl. companies required to furnish returns under sections 139(4A) or 139(4B) or 139(4C) or 139(4D) only.
TDS Return Filing
Any person who is liable to deduct tax at source is required to file TDS return to the Income Tax Department on quarterly basis. A person who is deducting tax is mandatorily required to file TDS Return. The return shall contain all details of TDS deducted and deposited for a particular quarter.
The first requirement for filing a TDS Return is to obtain a valid TAN (Tax deduction account number). It is required to be assessed if TDS needs to be deducted on particular payment. Payments such as Salaries, Interest, Professional Fees, Payment to Contractors, Rent of Machinery, Rent of Building etc. are subject to deduction of TDS. There are prescribed rates for every type of TDS payments under the Income Tax Act, 1961.
Our Package for TDS Return Filing
Verification of Data
Preparation of required Form
Submission of Form
TCS Return Filing
As per the provisions of Income Tax Act, 1961, TCS is the tax collected by the seller. When a purchaser purchases some products or commodities, the seller takes the tax from the buyer via the TCS route This TCS is received when the purchaser makes payment either in cash, cheque, credit, demand draft or through any other payment mode.
Form 27EQ is the Form that refers to quarterly statement of TCS.
We provide assistance to our clients in having complete understanding of the Form along with preparation and submission of the Form.
Verification of Data
Preparation of required Form
Submission of Form
Filing of Form 26QB
As per the provisions of Income Tax Act, 1961, when a person buys an immovable property like, building or land, for a value exceeding the prescribed limit, he need to deduct tax at source (TDS) on total sale consideration amount at the time of payment to seller.
If the payment is made in instalments, then TDS has to be deducted on each instalment paid.
The TDS on immovable property has to be paid using Form 26QB within 30 days from the end of the month in which TDS was deducted.
We assist our client in preparation and submission of Form 26QB.
Our Package for filing Form 26QB
Preparation of Form 26QB
Filing of Form
Reply to Tax Notices
A Tax Notice is issued by the Income Tax Department when the Assessing Officer finds any default in the Original/Revised Income Tax Return. Notice can be issued by the officer for many reasons under various sections of Income Tax Act.
It is mandatory for the assessee to reply on every tax notice.
We specializes in providing our expert services in the area of assisting our clients in submission of reply of notices issued by the Income Tax Department. We provide services in regard to reply to Tax Notices on all India basis.
Our package for Reply to Tax Notices
Assessment of Notice
Revision or Rectification, if required
Return Processing
Departmental Visit
Appeal Filing
If any demand is raised by the Assessing Officer in the assessment, aggrieved tax payer can file appeal before the Commissioner of Income Tax (Appeals) having jurisdiction over the tax payer.
Appeal can be filed before Commissioner (Appeals), when a tax payer is adversely affected by Orders as under passed by various Income tax authorities.
Every appeal to the Commissioner (Appeals) is to be filed in prescribed Form.
Owing to our expertise in the area of appeal filing under Income Tax, we provide our complete assistance to our clients to successfully file appeal to the concerned authority.
Our Package for Appeal Filing
Verification of Data & Documents
Drafting of all required Documents
Filing of Appeal