In India, taxes on income is governed by the Income Tax Act, 1961 which covers within its ambit various provisions, rules and regulations for determination of taxable income, payment of taxes, filing of returns, assessment of income etc. Correct determination and timely payment of Income Tax and subsequent filing of Income Tax Returns is very essential in order to avoid interest and penalties.
Mr. Compliance provides you personalized tax consultancy services. We devote time to understand your needs and requirements to find best possible solutions based upon our experience and domain knowledge. Our tax consultancy services extend for Residents as well as Non-Residents including Foreign Companies.
|31 January||31 March||31 July||Oct-Nov|
|Deadline to submit your investment proofs||Deadline to make investments under Section 80C||Last date to file your tax return||Time to verify your tax return|
Income Tax Slabs
|Income Range||Tax rate applicable|
|Up to Rs. 2,50,000||NIL|
|Between Rs 2.5 lakhs and Rs 5 lakhs||5% on income exceeding Rs. 2.5 lakh (max. Rs. 12,500)|
|Between Rs 5 lakhs and Rs 10 lakhs||20% on income exceeding Rs. 5 lakh (max. Rs. 1 lakh) + Rs. 12,500|
|Above 10 lakhs||30% on income exceeding Rs. 10 lakh + Rs. 1 lakh + Rs. 12,500|
WHY MR. COMPLIANCE FOR TAX E-FILING
Income Tax E-Filing with us ensures:
- Timely filing of return
- Safe and Secure
- Prompt tax compliance services
- Work handled by taxation professionals
- Guidance about tax planning at every step.
Income Tax Services
Mr. Compliance provides proficiency services for accurate and timely filing of your return and also takes care of your income tax file at every stage till the assessment is complete.
- Tax Planning
Mr. Compliance will analyse tax liability based on your current income and would suggest possible alternatives to save tax liability. This would assist you in making tax saving investments as well as planning the taxability of your business income in each quarter.
PAN is mandatory while filing Income tax Returns and TAN is mandatory while filing your TDS/ TCS Returns. Mr. Compliance helps you in getting PAN/TAN AND rectification or updation of details in these, if any.
- Digital Signature
Signing your return electronically with a digital signature enables quick filing of your return. The digital signature ensures the authenticity of the signer as well as of documents submitted with the department. We can get you your DSC in less than 2 days.
Income Tax Return Filing
Details and Documents
Preparation of Return
Filing of ITR
TYPES OF ITR RETURNS-
Income tax return varies as per the category of assesses:-
- For Individuals/HUF—ITR-1, ITR-2, ITR-3 & ITR-4
- For Company—ITR-6 & ITR-7
- For Other Than Individuals and Company —ITR-5