financial services · Income Tax · income tax return · Taxation

Don’t forget to Verify your Returns after E-filing

After you have filed your Income Tax Return it is necessary to e-verify your return.  As the ITR filing deadline was August 31, 19 for the financial year 2018-19 thus, all the taxpayers who have furnished ITR should e-verify ITR within 120 days of filing. Because if you do not e-verify the returns than your… Continue reading Don’t forget to Verify your Returns after E-filing

financial services · Income Tax · income tax return · Taxation · Uncategorized

How To File Revised ITR For AY 2019-20?

The deadline to file Income Tax Return for the Assessment Year 2019-20 is fast approaching and there are times when taxpayers make mistakes while filing Income Tax Return. In case you have filed faulty Income Tax Return, here are the steps about how you can correct the blunders that you made and file revised ITR for… Continue reading How To File Revised ITR For AY 2019-20?

financial services · Income Tax · income tax return · Taxation

What are the Benefits of Filing your Income Tax Returns?

Any individual who is earning a taxable salary, exceeding the basic exemption limit has to file ITR. Despite, there aremajority of millennials who consider income tax return filing as a daunting process but they forget about the benefits they receive while filing returns.As per the Income Tax Department, it has initiated the mechanism of e-filing… Continue reading What are the Benefits of Filing your Income Tax Returns?

financial services · GST · Income Tax · income tax return · Our Services · Scoop.it · Taxation

10 Tax Saving Tips for Professionals

You know the struggle is real once it’s the top of the economic year, and you face the legal instrument filing method. The matter becomes worse after you realise you have got not done your tax coming up with effective and you have solely procrastinated the cause till you received a mail from your 60… Continue reading 10 Tax Saving Tips for Professionals

financial services · Income Tax · income tax return · Our Services · Taxation

Claiming Deduction, but not under Section 80C

Generally, many of us claim Tax Deduction under section 80C, but there are other sections too, under which you can claim the deduction and save taxes. Here is detailed information about those sections: – SECTION 80U This section of Income Tax Act came into being on 1st April 2004, this section talks about the tax… Continue reading Claiming Deduction, but not under Section 80C

financial services · GST · Income Tax · Scoop.it · Taxation · Uncategorized

All About ITR-7 Form

What is ITR-7 Tax Form? ITR-7 form is an Income Tax Return filing form, which is filed by an individual when individuals as well as companies fall under certain sections like 139(4A), 139(4B), 139(4C), 139(4D). Here is the updated ITR-7 Form from the official Income Tax Department. Download Click Here and use our Android App to file Income… Continue reading All About ITR-7 Form

financial services · Income Tax · income tax return · Scoop.it · Taxation

All About New Direct Tax Code – All India ITR

The Direct Tax Code will be implemented by 2018 July, this code will extend 25% of corporate tax on various firms over the period of time and will provide tax relief to the individual taxpayers. All About New Direct Tax Code It is the common belief that, this Direct Tax Code will bring the ray of hope for businesses… Continue reading All About New Direct Tax Code – All India ITR