We, Business Bench Consultancy will assist you in returns filing for your business, and TDS related services.
Income tax is a tax which imposed upon the individuals or business entities by the government. Income tax on business entities is generally known as corporate tax. If there is a partnership in business, the partners are taxed individually according to their share. The tax rate will be vary according to the characteristics of the taxpayer. Income tax department is the biggest revenue mobilization for the government. It is a key source to raise revenue for government expenditures and also used to serve the public. In India the tax on the income of a person is imposed through the Income tax Act, which was passed by the parliament in the year 1961. This act levies a tax under five categories.
The Income tax Act, 1961 allows citizens to file returns with the Income tax department at the end of every financial year. But these returns should be filed before the specified due date.Income tax return filing
Income tax return should be filed by the individuals or business entities according to their income or profit level.Details required
The people who are responsible for Tax Deduction at Source (TDS) should obtain a 10 digit TAN alpha number. TDS must be filed for every quarter. The due dates for filing TDS returns for the year 2018-19 are May 31, July 31, October 31, and January 31.Details required
Don’t Hesitate To Ask