Benefits/advantages of Income Tax Return Filings
Filing the Income Tax Returns helps individuals when they have to apply for a house loan or car loan. All major banks ask for a copy of tax return filings.
Most embassies and Consulates require individuals to furnish copies of tax returns for the past couple of years at the time of visa application.
If the ITR returns are filed within the due date, taxpayers will be able to carry forward losses to upcoming years. which can be used to set off against the income of upcoming years.
Income tax return document can be used as a proof of Income and Address.
In case ITR is not filed, the tax officer deserves the right to impose a penalty of up to Rs 10,000. Besides this, a delay in filing ITR also makes one liable to pay interest. Filing ITR on or before the due date avoids penalty.
Following documents are required to file ITR returns
Step 1: Share the requirements and documents with us
Step 2: Verification of documents and income sources
Step 3: Calculation of Income Tax Return
Step 4: Filing for Income Tax Return
Step 5: Acknowledgement Received
We make the process so easy and fast that you will not even feel the headache of all the paperwork, and our professionals will provide you all the promised deliverable within a given span of time.
All our professionals are qualified and specialized in that particular work. Making sure no mistakes are done at the time of filings with the authorities so that company won’t have to pay any penalties due to mistakes.
We support you throughout the journey of your business, from the incorporation, Accounting and taxation support, Secretarial compliance support, and Legal support.
We believe that cost plays a vital role in any company’s growth stage, that’s why we do not surprise our clients with hidden charges, you pay what you see in the initial proposal.