5 Simple Statements About itr filing company in patna bihar Explained
5 Simple Statements About itr filing company in patna bihar Explained
Blog Article
having said that, to offer aid to senior citizens (whose age is 75 many years or more) and also to lessen the compliance stress on them, the Finance Act, 2021 has inserted a fresh part 194P.
Disclaimer: The information contained During this Site is for basic details purposes only. the data is supplied by , a house of Simpliance systems Pvt. Ltd. although we endeavour to keep the data current, we make no representations or warranties of any variety, Categorical or implied, with regards to the completeness, precision, trustworthiness, suitability or availability with respect to the website or the knowledge, products and solutions, expert services, or similar graphics contained on the website for just about any intent.
In case your income is underneath The fundamental exemption Restrict, you'll however be needed to file your tax return in case you fulfill any of those disorders:
“at times There's variance in figures of exactly the same mother nature in TIS and AIS. Also, joint earnings will get claimed within the assertion of each joint account holders, leading to scrutiny notices Regardless of taxpayers intimating the identical in time.”
Vijaya Singh & Associates can be a multi-services small business situated in Kankarbagh. We specialise in chartered accountant and NGO expert solutions and have been in organization for 0 many years. Our team of experts offers a variety of services together with audit and assurance, professional taxation, finance and company advisory, registration and license consulting, and much more.
money from a person property residence, not a lot more than Rs 50 lakh (excluding the quantity of introduced forward decline or loss for being carried forward)
A manager by day along with a sloth by night time. I appreciate creating on matters like own finance and investments. With a decade of encounter in fintech, generating written content that resonates with viewers is my forte. examine more
ICAI has highlighted a number of concerns taxpayers are facing in payments of taxes and filing of returns over the e-filing portal due to specialized glitches. The chartered accountants human body has sought rapidly resolution of those concerns to be certain seamless filing of ITR and payment of taxes in due day, which is July 31.
cash flow Threshold: people today with a total profits exceeding the prescribed threshold, which differs based on their age and cash flow sources, are necessary to file an ITR in Patna.
comprehensive offer chain Answer for top Command, effortless collaboration, and confident compliance
e. in the event the earnings is presumed in a minimum amount level determined by a proportion of gross receipts / gross turnover or based on ownership of commercial motor vehicles. even so, Should the company turnover exceeds Rs two crore, the taxpayer will have to file ITR-three.
The revenue-tax Act, 1961 delivers no exemption to senior citizens or pretty senior citizens from filing of return of earnings.
having said that, most salaried people wait around to acquire their variety sixteen from employers, commonly dispersed in late June or early July.
2) Dividends gained from mutual money and domestic businesses might be taxable in the recipients hands. for instance, dividends the recipients will generate from their mutual fund investments will probably be read more taxed at their slab rates.
Report this page