Frequently Asked Questions — ITR, GST & Tax Services

Any individual whose total income exceeds the basic exemption limit must file an ITR. It is also mandatory if you deposited significant amounts in banks, spent on foreign travel, or paid high electricity bills. We can assist you online across India via WhatsApp +91-6263160939.

ITR-1 is for salaried individuals with one house property. ITR-2 is for capital gains or multiple properties. ITR-3 and 4 are for businesses and professionals. Our experts will choose the correct form for you based on your income sources.

You generally need your PAN, Aadhaar, Form 16 (if salaried), bank statements, and proofs of investments (like LIC, PPF) to claim deductions. We can securely receive these documents via WhatsApp +91-6263160939.

The Old Regime offers various deductions (like 80C, 80D) but has higher tax rates. The New Regime has lower tax rates but does not allow most deductions. We compare both options to ensure you pay the lowest tax.

Yes, you can file a belated return before December 31st of the assessment year, though late fees under section 234F may apply. Contact us on WhatsApp +91-6263160939 to file your belated ITR quickly.

You can claim a TDS refund by filing your Income Tax Return. Once the return is processed by the Income Tax Department, the refund is directly credited to your pre-validated bank account.

Section 80C includes investments like LIC, PPF, ELSS, and tuition fees up to ₹1.5 lakh. Section 80D covers health insurance premiums for yourself and your parents.

Businesses crossing the turnover threshold, those selling goods interstate, or operating via e-commerce platforms must register for GST. Voluntary registration is also available for those who need it. Connect with us on WhatsApp +91-6263160939 to register online.

The threshold limit is ₹40 lakh for businesses selling only goods, and ₹20 lakh for service providers in most states. Special category states have lower limits of ₹20 lakh and ₹10 lakh respectively.

GSTR-1 contains details of outward supplies (sales). GSTR-3B is a monthly summary return for tax payment. GSTR-9 is the annual return consolidating the year's data.

Missing a GST return due date attracts a late fee per day of delay and interest on the unpaid tax amount. We can help you file pending returns and regularise your compliance.

ITC allows you to deduct the GST you paid on business purchases from the GST you collected on sales. You must have valid tax invoices and file returns properly to claim it.

Yes, if your business closes, turnover falls below the threshold, or for other valid reasons, you can apply for cancellation online. We can handle the entire cancellation process for you.

It ensures accurate financial records, compliance with tax laws, and helps in tracking profits and losses. Our team provides professional bookkeeping services tailored to your needs. Reach us at WhatsApp +91-6263160939.

Our service includes digital entry of bills in Tally, monthly Profit & Loss statements, bank reconciliation, and ongoing tax advisory to keep your business financially healthy.

Yes, a balance sheet is required if you are filing ITR-3 or ITR-4 for business or professional income. It accurately reflects your business's financial position at the end of the year.

Tally is a popular and compliant accounting software widely used in India. We use Tally to manage your books efficiently and ensure they meet regulatory standards.

It is recommended to reconcile bank statements and major ledger accounts at least monthly. This helps identify discrepancies early and keeps your business finances transparent.

Capital gains tax is levied on the profit earned from the sale of a capital asset like property, gold, or shares. The rate depends on the type of asset and holding period.

It is calculated by deducting the indexed cost of acquisition (adjusted for inflation) and improvement costs from the sale consideration. We can compute this for you, just message +91-6263160939.

Short-term gains apply to assets held for a shorter period (e.g., less than 24 months for property) and are taxed at normal rates. Long-term gains apply for longer holding periods and enjoy lower tax rates with indexation benefits.

Section 54 provides tax exemption on long-term capital gains from selling a residential house if reinvested in another house. Section 54F gives similar benefits for selling any other asset (like land) and buying a house.

Yes, profits from stocks and mutual funds are taxable as either short-term or long-term capital gains, depending on the holding period. We help accurately calculate and report these in your ITR.

Simply message us on WhatsApp at +91-6263160939 with your requirements. We will guide you on the necessary documents and the next steps for a smooth online process.

You can share your documents digitally via WhatsApp or email. We maintain strict confidentiality and ensure your data is secure throughout the filing process.

Once we receive all your documents, we typically prepare the computation within 1-2 days and file the return promptly after your approval.

Yes, we offer our services 100% online to clients across all states and union territories in India. Our digital process ensures seamless support wherever you are.

Our pricing is transparent and affordable. ITR filing starts at ₹499, and GST registration at ₹1,499. You can visit our Pricing page for a complete list of services and fees.