ITR 5, ITR 6 and ITR 7 filing subject to terms and conditions.
Income tax return is filed annually to declare the taxable income and tax liability to the income tax department. According to the income tax act, 1961 every taxable assessee has to file the income tax return with the income tax department at the end of every financial year within the prescribed due dates under the act. As per the law, individuals who fail to comply with the returns are liable to pay the penal charges or late fee. The nature and complexity of ITR filing varies with different levels and composition of income. Understanding the income tax law, tax planning and proper compliance can bring several benefits and avoid penalties that’s why you need professional advice while filing your income tax return. Contact your expert for Income Tax Return Filing in Kerala
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The TDS available on credit of your PAN can be claimed as refund only by filing Income Tax Return.
The Income Tax Return filed can be presented as a valid proof of income for various transactions.
The copies of ITR filed shall be submitted for processing visa application.
The copies of ITR for past 2 to 3 years are essential for loan approval.
In case any loss is incurred during a financial year, it can be carried forward only by filing ITR on time.
You may suffer penalties of Rs.1000 or more if you do not file Income Tax Return on time.
We will collect all the relevant details from you for filing the return whether it be the income details or tax saving investments made by you. Our dedicated person will go through the information and do the proper tax planning for your maximum benefits. We shall file the return for you after hearing your concerns. Contact us for your Company Registration in Kerala and Business Registration in Kerala today