INCOME TAX CONSULTATION

Income tax consultation

We help you with It Returns filing online for your business with reliable consultation and recommendations to save taxes and boost your tax compliance level.

Income Tax Consultation services

Income tax is a complex act that requires expertise and experience to apply all relevant exemptions and rules and to comply with procedures. Proper Income tax planning and advisory services for business entities provide peace of mind and enable them to utilize credit facilities to the full extent.

We provide you with the following income tax services.

Pan card application

If you need to apply for a pan card it is simple to file the application form with pan card agents, but however, it is recommended to make sure that you already don’t have a pan number allotted. Possessing more than one pan is prohibited.

Capital gains tax planning

generally, capital gains tax planning is required for the sale of immovable assets e.g.: for determining income tax on the sale of a house or land, for saving calculated tax amount by investing in proper mode and in the right type of asset.

Income Tax return Filing services

The individual who is crossing the Exemption limit should file their income tax returns on the due dates applicable, and other persons should file their income tax every year irrespective of their amount of income.

TDS return filing services

TDS return filing is one of the complicated tasks in income tax compliance, and these returns should be filed every quarter by the person who is required to deduct TDS. Proper TDS compliance helps you to get rid of penalties and avoid interest on late payments, and late deductions.

Income Tax Compliance

Income tax compliance involves timely compliance of filing all returns on time, determining correct income tax liability, complying with all provisions of TDS, Making specified transactions in a specified mode like cash transactions beyond a certain limit, application of proper depreciation rates, and calculating the proper loss or profit on the sale of the asset.

Usually, a Salaried person will file income tax returns through their company or go for automated income tax return filing. We at Chennai registration consultants ensure all income tax returns will pass through expert review and approval, irrespective of salary income tax returns or business income tax returns.

Income Tax Slab Rates for Financial Year 2017-2018.

Rs 0 to Rs. 2,50,000 –  No Tax.

Rs. 2,50,001 to Rs. 5,00,000 – 5 %.

Rs. 5,00,001 – 10,00,000 – 20 %.

Income more than Rs. 10,00,000 – 30%

Surcharge of 10 percent where the total income exceeds Rs. 50 Lakhs and does not below Rs. 1 Crore.  If the total income exceeds Rs. 1 crore, a surcharge will be calculated at 15 %.
The surcharge will be calculated on the amount of Income Tax calculated.

Due dates under Income Tax Act.

31 St July for Individuals whose accounts are not required to be audited.

30th September of every year for all persons whose accounts are required to audit.

Only Information that can be understood by normal reading is given, information that requires an expert’s view is intentionally avoided to reduce confusion for the reader.

Call