What happens if you miss 31 July deadline for filing ITRVivina Vishwanathan
For filing nil return/ loss return For claiming/enhancing the refund amount. When updated return results in lower tax liability Search proceeding u/s 132 has been initiated against you A survey is conducted u/s 133A Books, documents or assets are seized or called for by the Income Tax autho...
Simple professional tax compliance allows for a hassle-free registration process. The Professional Tax serves as an additional source of income for state governments, and it provides them to put plans in place for the varied welfare and development of the area. Required Documents for Professional Ta...
In the case of income exceeding the limits that are exempt from being taxed, you are mandatorily required to file a tax return according to the tax slabs in effect at the time. Moreover, filing an ITR after the due date could result in a penalty or even prevent you from getting a loan...
Alternatively, you can manually download it from the income tax website. It must then be signed and sent to the Income Tax Department's CPC office in Bangalore within 120 days of e-filing. Please keep in mind that the ITR-2 is an annexure-free form, which means that no documents are ...
Section 234A,234B,234C : Interest Penalty for not paying Expected IncomeTax on Time Challan 280 Challan 280: Payment of Income Tax Paying Income Tax Online, epayment: Challan 280 Videos on Income Tax Filing ITR : Video on Steps to File ITR, Ways to File,Documents required ...
1. I would recommend you to clean up the prior filing and pay tax/interest/penalty by going through the Streamlined Compliance Program. Please contact us via email or phone for any consultation for the same. Thanks. David SaiJune 6, 2016Reply ...
Here you will see any outstanding returns. If you complete these old tax returns SARS can release your tax refund (as long as you haven't been charged penalties for late filing that is). Still no communication from SARS?With no outstanding returns, no request for supporting documents and no...
Have a look on your ITSA if you have been selected for an audit. If this happens then you will receive a letter requesting that you to submit these documents. You can upload these documents onto your eFiling account at http://www.sarsefiling.co.za/ or drop them off at your nearest ...
19 October 2021Vikram Bansal A unique GST identification number is issued to the taxpayer after filing an online application on the Common portal. Any person having a GST number means he is registered under Goods & Service Tax. Registered taxpayers are required to collect tax from customers and ...