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In order to ensure accurate and hassle free filing and avoid notices later, we are providing Tax Expert assisted return filing. Please refer to our pricing page for fees details. You need not worry...

The maximum late filing fee under section 234F will be: If you file your return after the due date and having a total income exceeding Rs. 5 lakhs, a late fee of Rs. 5000 is levied.Returns filed af...

No, Individuals earning commission or brokerage income are not allowed to claim benefit under presumptive taxation scheme provided U/s Section 44AD.As the insurance agents primarily earn through co...

If you fail to deposit the minimum deposit amount of Rs. 250/- in a year, then the account is considered a ''default account''. For activating a default account, you will be required to pay the min...

Our Tax experts usually prepare and filed return within 2 working days, from the date of receipt of all the required documents.

Following is the procedure for paying 234F fees: Step 1: Visit the website: https://www.incometax.gov.in/Step 2: Navigate to the "e-pay tax".Step 3: Select Challan No. 280 (Income Tax).Step 4: Ente...

The remuneration received by Members of Legislative Assembly (MLAs), Members of Parliament (MPs), and other elected representatives in India is treated as "income from other sources" and taxed unde...

​Yes, If you transferred the house property to your spouse as an agreement to live seperately, you won't be considered 'Deemed owner' of the property. This means, even though there is no considerat...

Certainly. To claim an exemption, you must provide evidence of ownership, such as a purchase agreement or other legal documents related to the new house property. Additionally, making sizable down ...

The income received by a director from the company is classified under "Salary Income" or "Income from Other Sources" depending on the specific nature and source of the income and the relationship ...