Monday, 27 March 2017

Things to Know While Filing Tax Returns this Year

Tax consultant in India

Tax has become an important compliance, specially with the amendment in regulation since 2012. Now almost every service is covered leaving a few exempted. This now has repercussions like registration, filing returns, calculation of service tax payable and so on. We provide online service tax registration services include end to end solution like advice on applicability of Service Tax to meeting compliances including Registration and filing of requisite forms with the Department. We also undertake review of specific agreements to identify the applicability of tax.

 March 31, the last date for making your tax-saving investments. If you have not done the needful to claim various deductions already, you have no time to lose. Before doing so, however, it will also help if you understand certain key requirements of the tax return filing process, the due date for which falls on July 31. Knowing the rules and procedures will give you a better grip on your tax planning exercise. Here are eight things you ought to know about the process.
  1. Don’t Forget to Claim 80G Deductions
  2. Beware of Demonetisation After-effects
  3. Online is the Way to go
  4. Verify Form 26AS
  5. Select the Right ITR Form
  6. Opt for e-verification
  7. Follow the ITR-V Rules
  8. Provide the Correct Details 
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