INCOME TAX 

Services We Provide

• To obtain Account number (PAN) and Tax Deduction / Collection Account Number (TAN) online

• Preparation and filing of income tax returns, including with holding tax returns for tax purposes in physical and electronic form.

• Preparation of advance taxes and tax planning

• Online consultancy for frequency asked questions

• Employee Tax returns

• Filing of returns of the entire company employees

• To follow up income tax returns

• Registration of trust for charitable purposes

• Advice including opinions on various tax issues

• Tax strategies. Tax planning and Tax Compliances

• Preparation and filing of various tax Returns such as Annual Income Tax return.

• Review of various tax returns filed

• Helping the client make sound investment decision and him avail various rebates and deductions

• Analysis the cash requirements of the business and making cash forecasts for planning the future

• Representation before the statutory authorities

Documents to  be submitted

• PAN Card Of Proprietor, Directors, Partners

• Pan Card of entity (except Proprietorship Firm)

• Address Proof of office premises

• Bank Statement

• Registration Certificate

• Existing Tax (Indirect Tax) Registration Certificate (If Any)

• Investment Details

• Expenditure on House Rent, Children Education, Medical Expenses & Other specific Expenses

• In Case of Business Income Expenditure Account (If Applicable)

TDS & TAN

TAN or Tax Deduction and Collection Number (TAN) is mandatory 10 digit alpha number required to be obtained by all persons who are responsible for Tax Deduction at Source (TDS) or Tax Collection at Source (TCS) on behalf of the Government. Tax deducted at source (TDS) ensures that the Government’s collection of tax is proponed and the responsibility for paying tax is diversified. The person deducting the tax at source is required to deposit the tax deducted to the credit of Central Government – quoting the TAN number. Individuals who are salaried are not required to obtain TAN or deduct tax at source. However, a proprietorship business and other entities (i.e., Private Limited Company, LLP, etc.,) must deduct tax at source while making certain payment like salary, payments to contractor or sub-contractors, payment of rent exceeding Rs.1,80,000 per year, etc. On deducting tax at source, the entity registered for TAN will issue a TDS Certificate as proof of collection of tax.

To obtain TAN, application must be made for allotment of TAN in Form 49B along with the required supporting documents. Based on the application, the TAN will be allotted to the entity and the entity must quote the TAN in all TDS/TCS returns, TDS/TCS payment challans and all TDS/TCS Certificates. IndiaFilings can help you obtain your TAN registration quickly and hassle-fee. IndiaFilings is an authorized TAN Facilitation Center.

Services We Provide

• Document Preparation

• Application Preparation

• Form Filling required for TAN Registration

• Document Submission

• Obtain TAN Registration

• Incorporating Government Fees

• Filling of TDS Return

Documents to be submitted

• PAN Card Of Proprietor, Directors, Partners

• Pan Card of Individual in case of sole proprietorship

• Pan Card of entity

• Photo Identity Proof of Proprietor, Directors, Partners

• Address Proof of office premises

• Registration Certificate

• Passport Photo of Authorised Person

• Rent agreement of premises

 

Professional Tax

 

Professional Tax is the tax levied by the various State Governments of India on salaried individuals working in government or non-government entities, or in practice of any profession, such as CAs, Lawyers, Doctors, etc. or carry out some form of business, are required to pay this professional tax.

Professional tax is imposed at the state level in India. Different states have different rates and methods of collection.  It is not imposed in all states. The states which impose professional tax are Andhra Pradesh, Assam, Chhattisgarh, Gujarat, Karnataka, Kerala, Maharashtra, Madhya Pradesh, Meghalaya, Odisha, Sikkim, Tamil Nadu, Telangana, Tripura, and West Bengal. Professional Tax is deducted from the salary of the salaried employees by the employers and same is deposited with the State Government.

Professional Tax Registration is done through Accountax  India.

Services We Provide

• Document Preparation

• Application Preparation

• Form Filling

• Document Submission

• Obtain Proffessional Tax Registration

• Incorporating Government Fees

• Filling of Proffessional Tax Return

Documents to be submitted

• PAN Card Of Proprietor, Directors, Partners

• Pan Card of entity (except Proprietorship Firm)

• Photo Identity Proof of Proprietor, Directors, Partners

• Address Prrof of office premises

• Bank Statement for Last two months

• Registration Certificate

• Existing Tax (Indirect Tax) Registration Certificate (If Any)

• Passport Photo of Authorised Person

• Rent agreement of premises

• Cancelled Cheque

• Trade Licence/ Registration

• List of Employee along with last months payroll