MENU

Tax Filing

We will help you to file your tax returns easily.

GST Filing

GST Filing

 

Every Registered Taxable person has to file electronically with the Tax authorities, the details of outward supplies of goods or services or both in Form GSTR-1, on or before the 10th day of month, succeeding the Tax period If a supplier exceeds the maximum threshold limit, then he has to first get himself registered under GST.

 

GST means goods and service tax, Goods and Service Tax is considerable indirect tax revolutionize of India, urgent need of Goods and Service Tax for avoiding inconvenience in the tax system of Country.  Incorporation of heterogeneous  Central and State taxes into a single tax would help alleviate the double taxation, descend, multiplicity of taxes, classification issues, taxable events, and etc, and leading to a common national market. Value Added Tax rates and regulations differ from state to state. On the other hand, GST brings in a uniform tax system across all the states. On 29 March 2017 Goods and Service tax act passed in the parliament, this came in to effect on 1st July 2017.

The Goods and Services Tax is a comprehensive, multi-stage, and destination- based tax levied on manufacture, sale, and consumption of goods and services at a national level.

In simple words, the goods and services tax is one indirect tax for the entire country.

 

Get Started

Income Tax Return

 Income tax Return

 

Every person has to furnish a return of his total income, if the total income exceeds, the maximum amount which is not chargeable to income-tax.

Further, in respect of the individual, HUF, Association of Persons, Body of Individuals, Artificial Juridical Person, the filing of return of income shall be compulsory if their total income exceeds the maximum amount which is not chargeable to income tax.

Maximum amount limit— If gross total income (before allowing any deductions under section 80C to 80U) exceeds Rs. 2.5 lakhs in the FY 2017-18, has to file an Income Tax Return. This limit is Rs 3 lakh for senior citizens (aged above 60 but less than 80) or Rs 5 lakhs for super senior citizens (aged above 80)

It should be obligatory for a Company or firm to file a return of income in every case.

eStartIndia is the best business and legal services platform for services relating to filing of  Income tax returns,  offering a variety of Tax filing services like Income tax returns, PF, TDS, and ESI returns

 

Advantages of Filing Income Tax Return

 

  • Avoid penalties by filing the ITR Returns and file on time to avoid the late fees

  • Online verification of ITR through electronic mode, at the convenience of your office or home.

  • Easy Loan approval is only possible if you file the ITR Returns

  • Required for Visa Processing, ITR Returns copies are required while visa processing
  • Claim Tax refund, if due by filing the ITR Returns on time.
  • Carry Forward of Losses
  • ITR can be used as Address proof & Income proof

Who has to file Return of Income

  • In the case of Company or Firm irrespective of Profit and Loss, it is Mandatory to file an Income Tax Return

  • Any other person having gross total income (before allowing any deductions under section 80C to 80U)  exceeds Rs. 2.5 lakhs in the FY 2017-18, has to file an Income Tax Return. This limit is Rs 3 lakh for senior citizens (aged above 60 but less than 80) or Rs 5 lakhs for super senior citizens (aged above 80)

  •  In the case of Income Tax Refund or for Carrying forward of losses.
  • From assessment year 2012-13, it is mandatory to file a return of income where a person, being a resident other than not ordinarily resident in India and who during the previous year has an asset or is a beneficial owner of any asset or is a beneficiary of any asset (including any financial interest in any entity) located outside India or signing authority in any account located outside India.
  • Every person who is in receipt of income derived from property held under trust or other legal obligation wholly for charitable or religious purposes or in part only for such purposes or of income being voluntary contributions to furnish a return of income in case the total income exceeds the maximum amount not chargeable to tax.
  • Political Parties are also required to file the Return of Income in case the total income exceeds the maximum amount not chargeable to tax.
  • Specific Association & Institution as specified in the Income Tax Act.
Get Started

TDS Return

TDS Return

TDS stands for Tax Deducted at Source that means of collecting income tax in India, under the Indian Income Tax Act of 1961. Any company or person making a payment is required to deduct tax at source if the payment above the certain threshold limits. TDS has to be deducted at the rates fixed by the tax department. TDS is also known as Advance Tax.

Who is Deductor?

Deductor is a company or person that makes the payment after deducting TDS

Who is Deductee?

Deductee is a Company or person receiving the payment

What is TDS Return?

A Deductor has to deposit the TDS to the government and to be filed in the form of a TDS return. The particular nature of TDS deductions has to be filed using different TDS return forms. TDS return filed a quarterly basis.

Get Started

ESI Return

ESI Return

ESI registered businesses must be filed ESI returns monthly basis.

Established under the ESI Act, 1948, ESIC (Employees’ State Insurance Corporation) provides benefits to employees in the event of their sickness, death, disablement, injury, etc. The finance of this scheme comes from contributions from both employees and employers. Any employee who earns a monthly income of less than Rs. 21000 per month is covered under this scheme. Apart from employees, the family members of employees are also provided benefits under this Act. Any establishment that employs 10 or more employees is mandated by law to register under this Act. The contribution of employers in this scheme is 4.75% and that of employees is 1.75%, thus making a total of 6.5%.

 

Advantages of ESI Registration

  • Medical Aid – ESI registered persons are awarded full medical care as also their family members right from the day of entering employment which provides insurance
  • Maternity BenefitMaternity Benefit for confinement/pregnancy is payable for Twenty Six (26) weeks, which is extendable by further one month on medical advice at the rate of full wage subject to contribution for 70 days in the preceding Two Contribution Periods.
  • Disablement Help – In case of any disablement of an employee 90% of the monthly salary is paid as a disablement benefit
  • Sickness Benefits – In case of any sickness of an employee 70% of the monthly salary is paid as a sickness benefit subject to a maximum capping of 91 days in a year
  • Death Benefits – In case of death of an employee 90% of the monthly salary is paid as a death benefit to employees’ dependents
  • Funeral Expenses: An amount of Rs.10,000/- is payable to the dependents or to the person who performs last rites from day one of entering insurable employment.
  • Confinement Expenses: An Insured Women or I.P.in respect of his wife in case confinement occurs at a place where necessary medical facilities under ESI Scheme are not available.
  • Vocational Rehabilitation: To permanently disabled Insured Person for undergoing VR Training at VRS.
  • Physical Rehabilitation: In case of physical disablement due to employment injury.
  • Old Age Medical Care: For Insured Person retiring on attaining the age of superannuation or under VRS/ERS and person having to leave service due to permanent disability insured person & spouse on payment of Rs. 120/- per annum.

 

Documents Required for ESI Registration:

 

  • Address proof and PAN Card of the business establishment or company
  • Cancelled cheque
  • All the Directors' or Partner or Proprietor Pan, ID Proof & Address Proof
  • Partnership Deed and incorporation certificate
  • All Directors' DIN
  • Address proof of the company(Telephone bill, Bank statement)
  • Employee’s detail along with their monthly compensation
  • Nature of work
  • DSC of the Authorized signatory and name, mobile no., mail id
  • Any other registration copy (GST, Service tax, Shop and Establishment, TIN, etc...)
Get Started

Cancel GST Registration

Cancel GST Registration

Cancellation or Surrendered of GST registration that means the taxpayer will not be registered in GST any more, business is close or turnover is less than the threshold limit.

Reason for Cancellation of GST:

There are circumstances where the GST Registration needs to be canceled

  1. Suo-Moto Cancellation of Registration
  • Registered person has contravened the provision of the act
  • A person paying tax has not furnished returns for three consecutive tax periods 
  • A registered person has not furnished returns for a continuous period of six months
  • A person who has taken voluntary registration has not commenced business within six months from the date of registration
  • Registration has been obtained by means of fraud, willful misstatement or suppression of fact.
  1. Voluntary cancellation of registration by Registered Person/Legal Heirs
  • Business discontinued, transferred, Amalgamated, demerged
  • Change in constitution of Business
  • A person not liable to register

 

The cancellation of registration under this section shall not affect the liability of the person to pay tax and other dues or to discharge any obligation for any period prior to the date of cancellation whether or not such tax and other dues are determined before or after the date of cancellation.

Every registered person whose registration is cancelled shall pay an amount, by way of debt in the electronic credit ledger or electronic cash ledger, equivalent to the credit of input tax in respect of inputs held in stock and inputs contained in semi-finished or finished goods held in stock or capital goods or plant and machinery on the day immediately preceding the date of such cancellation or the output tax payable on such goods, whichever is higher.

 

Get Started

Want to know more about us?

See All the servies

Need Experts Advice for Your services? Ask your queries - Enquire Now