Chartered Accountant Service Details

  Chartered Accountants (CAs) in Chandigarh can indeed be valuable partners for businesses and individuals when it comes to Tax Deducted at Source (TDS) compliance. TDS is a mechanism for collecting income tax at the source by deducting it from payments made to individuals or entities. Here's how Chandigarh Chartered Accountants can assist with TDS compliance: TDS Calculation and Deduction: CAs can help businesses accurately calculate the amount of TDS to be deducted based on applicable rates and thresholds for various types of payments, such as salaries, rent, professional fees, and more. Understanding TDS Provisions: Keeping abreast of the latest TDS provisions and amendments is crucial. CAs can provide insights into changes in TDS rules and help businesses adapt their practices accordingly. Filing TDS Returns: CAs can assist in the timely and accurate filing of TDS returns . This includes the preparation and submission of TDS statements, Form 24Q for salaries, Form ...

When the income of a person or a business exceeds a certain amount, tax is added to it.   Every working Indian must fulfill this moral obligation. You must submit your tax returns on time each year in order to complete your duties as a citizen. The majority of people frequently view filing income tax returns as a difficult task. A  Chartered Accountants in Chandigarh  can help you file your income tax returns without any unwanted problems. Usually, people will record the income of the previous financial year by filing income tax returns. Everyone in society, whether they are employed, part of a partnership, or a HUF, should file an ITR. For everyone to pay their taxes, they need to file their income tax returns. Continue reading to know why it is good to file your ITR: Can help you claim deductions The government gives you certain deductions so that you might lessen the load on the taxpaying public and persuade more individuals to pay their taxes. Yo...

Tax is a central element of the revenue generation system of the Indian government. Among the multitude of taxes present in the design, income tax is the one that deals with the taxation of the earning of every individual, firm or organization in a financial year. The income could be in the form of salary, from the let-out property, interest, dividends, business income, capital gains or any other profits.  chartered accountant in chandigarh What is Income Tax Return? An income Tax Return is a proof that you have paid your income tax. It contains details about your annual income and the amount of tax you have paid. Anyone earning taxable income must file Income Tax Return (ITR) annually. Filing ITR will help you get a refund if TDS deducted is more than your tax liability. If you fail to file your ITR, you might have to pay the penalty or face legal consequences.  How to e-File ITR? To e-File ITR, you have to Visit the website of the Income Tax Department of India. 1:) Under th...