Blog tagged as Income Tax Compliances

Annual Information Return (AIR) Filing in Bangalore with Our Expert Services

Are you a taxpayer in Bangalore feeling overwhelmed by the intricacies of income tax assessment and scrutiny? Fret not! We understand the complexities and challenges that taxpayers face during these processes.

Non-Resident Indians (NRIs) play a significant role in Bangalore's economy, contributing to various sectors and driving innovation and growth. However, navigating the complexities of taxation as an NRI can be daunting

To register a Private Limited Company in Bangalore no minimum paid-up capital is required. And it necessary to have PVT.ltd at the end of the name.

Compliances to be filed in the month of October 2023

Every person, being a seller, who receives any amount as consideration for sale of a motor vehicle of the value exceeding Rs.10,00,000, shall, at the time of receipt of such amount, collect from the buyer, a sum equal to 1% of the sale consideration as income-tax.

With the introduction of advanced AI tools for ITR scrutiny, the income tax department aims to enhance the accuracy and efficiency of the process.

The ITR-1 form is also known as the Sahaj form and is meant for individuals who earn income from salary, one house property, other sources like interest on savings bank account, etc., and have a total income of up to Rs. 50 lakhs.

Filing your income tax returns online has never been easier. Now, you can file your returns online without visiting an office or paying any fees.

The recent years have witnessed the emergence of a new profession—video blogging more popularly called as vlogging.

Click on the following link to access Income Tax Login Account: https://eportal.incometax.gov.in/iec/foservices/#/login and enter your User Id (PAN) and click on ‘Continue’

To reduce the hardships faced by the taxpayers, the govt has inserted Section 197 which states that in case the total tax liability at the end of the person whose TDS is being deducted is less than the amount of TDS that is being deducted, he may file an application........

New income tax slab rates: The income tax department has come up with clarifications for those who want to opt for new tax slabs. The lower income tax rates, as announced in Budget 2020, came into effect from April 1, 2020.

Digital Signature Certificate or DSC is required for Company Registration, LLP registration, GST registration, Import Export Code and Income Tax Filing. Digital signature is used to e-sign forms submitted to the Government by an applicant.

Challan 280 is one way to pay your advance tax, regular assessment tax, self-assessment tax, additional charges etc. online. Let’s discuss how.