Income Tax Return Be it individual or business, we provide ITR filing services for all kinds of ITR forms. We take maximum permissible deductions and exemptions to reduce the Tax liability or maximize tax refund, as the case may be.
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This provision allows such small businesses to file ITR for a presumptive income on estimation base. This scheme offers: Total income must be estimated at a rate of 8% of the gross receipts of the business. No account book maintenance is required. Advance tax payment is not required. No ...
Income Tax Return filing is mandatory for Taxpayers whose income exceeds the prescribed income limit. ITR Filing process is regulated under the Income Tax Act 1961.
Form 1701A–Use this form if you are earning purely business income or income from your profession. This is a new form released by the BIR for those who chose the Optional Standard Deduction Method (OSD) or opted in for 8% GRT in the previous year. ...
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GST (Goods & Services Tax) Registration is required in India for selling most of the goods and services in India. ITR Filing ITR filing is mandatory if your income is above the threshold limit in India. ITR Filing for Salary Income, Business Income, Capital Gain, Interest Income etc. ...
To appreciate the significance of the amounts involved, note that the median net monthly income for a family is about 3,000 Israeli pounds. The respondents were asked to imagine that they were actually faced with the choice described in the problem, and to indicate the decision they would ...