File Your Income Tax Returns at Just ₹499

• Tax means “Cost of living in a society”.
• Tax is levied by the government to meet the common welfare of society (Education, healthcare, Infrastructure facilities Roads etc.)

Two types :- 

Direct taxes

• Tax Levied directly on on income or wealth. Tax is not Charged from Somebody else.

Indirect taxes

• Tax Paid on goods or services. Tax burden on the who are consuming goods or services.

Income tax rate for Individual/HUF.

Note: If Total Income is <5,00,000/- then rebate of Rs.12,500/- will be given.

For Employees, Not required to pay, it’s to be deducted by the Employer and paid to the government (TDS), in case a not deducted employee needs to pay.

If , a total Income is Rs.5,00,000/- then tax Liability

This is a misconception that, if my employer has deducted TDS from my annual salary, I need not file the return of my income. You have to file an ITR in this case and must mention your total Income. (If GTI>2,50,000/- then return is mandatory).

For Individuals, HUF, Other persons not tax audit – 31st July of A.Y, if not extended.

Return is possible with late fees (Penalty an amount of Rs.5,000/- or Rs.10,000-/-) depending upon income criteria.

Consequences for non-Filing of ITR 

• Penalty – Rs.5,000/- (10,000/-for few)
• Interest @1% Per month or Part thereof on Income tax Liability.
• Non-Carry Forward of Losses (House property interest)
• Refund of Tax (TDS), if Excess tax, not possible.
• The Income Tax Officer can assess and demand payment.

According to provisions of Income tax, Filing of Income is Mandatory whose

• individual income >=2,50,000 during the Financial Year,
• For Senior Citizens (>60 Years) Limit is 3,00,000.
• For Super Senior Citizens (>80 Years) Limit is 5,00,000.

Other than Individuals (Partnership Firm, Company, Association of Persons, Trust, AJP, HUF) Mandatory file their Income tax returns irrespective of Income.

Filing of Income Tax Returns Less than specified Limit is voluntary basis but it is always recommended to file income tax returns

• Easy Loan Approval (2-Wheeler or 4-Wheeler, housing loan), Many banks ask for IT returns.

• Most embassies & Consultants require to furnish copies of your IT returns.
• If you have a refund from the IT department, we have to file an IT refund.
• It can be used as proof of Income & Address.
• Avoid Penalty of Rs.5,000/-.
• Easy approval of Credit Cards.

Make Easier show of Income to govt, banks, other financial institutions by Freelancers, Independent Professionals.

We are illustrating few here

Deductions:-

• LIC
• PF
• Fixed Deposit for 5 years
• In your pay HRA not there, don’t worry you can take Rent to deducted with our techniques in legal way.
• Tuition Fees Paid for Children. (2 Children)
• Notified Units of Mutual Funds
• Medical Insurance 
• Medical Treatment can be taken has deduction with legal formed.

House:-

• Interest amounts up to Rs.2,00,000/- 
• Principal Repayment up to Rs.1,50,000/-
• Stamp Duty paid at the time of Registration.

• If you have a Dream to buy a house with salaried Income, the first step to choose a dream is to get a loan from banks. It’s possible with Substantial IT returns.

• We work based on your needs, there is no need to worry about things, we made it easy.

It is a form for persons to fill their income and taxes to the Income Tax department.