Income tax is a direct tax imposed on the income of a person. It is taxed at slab rates. The income & tax is disclosed by the income tax return. It is charged differently for different individuals like individuals, partnership firm, company, etc
The primary sources of income as per income tax are:
1. Income from Salary
2. Income from House Property
3. Profits and Gains of Business or Profession
4. Capital Gains Income; and
5. Income from Other Sources
We will collect the details & document required for ITR from you.
Calculate the tax Liability & sumbit the ITR
After collecting details, we will calculte your tax liabilit & sent you the challan. After you pay your tax liability & share the details vakil Salah sumbit the return.
Once the form is submitted a anknowledgement is sent to your id of the ITR filed.
All PAN numbers are a combination of ten alpha-numeric characters. The first three characters represent a series starting from AAA to ZZZ. The fourth character represents the status of the PAN holder. C stands for Company, P for Person, H for HUF (Hindu Undivided Family), F for Firm, A for Association of Persons (AOP), T for AOP (Trust), B for Body of Individuals (BOI), L for Local Authority, J for Artificial Juridical Person and G for Government. The fifth character is either the surname (in case of a person) or the name of the entity (in all other cases). The sixth to ninth characters are sequential numbers running from 0001 to 9999
Panelty upto Rs. 50000/ in case of delay or non filling of return.
After sharing the details maximum 8 working housrs it will take to file a return.