Chartered Accountant Service Details

  The process of submitting taxes electronically using online software accepted by the relevant tax authority of each country is known as e-filing. Certain professionals and businesses having a minimum yearly income cap are occasionally prohibited from filing electronically. It varies from country to country, and occasionally even within a country, province to province, depending on the tax laws and government restrictions, whether individuals, small businesses, and other professions are permitted to e-file. Like all, NRI also can file their tax through the E- Filing. In this post, you can see the process and guidelines of E- Filing Income Tax for NRIs: Eligibility norms for E-filing income tax for NRIs ·        Income : To be qualified for electronic income tax filing, NRIs must have earned income from India. The revenue may come from a wage, rental income, capital gains, or some other source originating in India. ·     ...

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...