The Tax Adda

Don't avoid last Date of Filling the Income Tax Return before 31st July 2013. You can contact with me to submit or file your Tax File Return. Your Regards:- Tinku Das Mobile No-8011806720
E-Mail:[email protected] Or You can follow on "The Tax Adda"

The Income Tax Filling is mandatory in some circumstances for the Financial Year 2022-23 (Assessment Year 2023-24). 1) IF YOUR TOTAL INCOME EXCEEDS THE BASIC EXEMPTION LIMIT; The maximum exemption limit for individuals is: i) Rs. 2.5 lakh for an individual; ii) Rs. 3 lakhs for resident senior citizen (age 60 years or more but less than 80 years); and iii) Rs. 5 lakhs for resident super senior Citizen (age 80 years or more. 2) IF YOU HAVE ASSETS OUTSIDE INDIA. It is mandatory for an individual to furnish a return of income if he: i) holds any asset located outside India. This provision shall apply to resident and ordinary resident individuals in India. 3) IF YOU DEPOSIT MORE THAN RS 1 CRORE IN A ONE or MORE CURRENT ACCOUNT; 4) IF YOU INCUR RS 2 LAKH ON FOREIGN TRAVEL 5) IF YOUR ELECTRICITY CONSUMPTION IS RS 1 LAKH 6) IF TURNOVER OR SALE OF YOUR BUSINESS IS MORE THAN RS 60 LAKH 7) IF GROSS RECEIPT FROM PROFESSION OR SERVICE IS MORE THAN RS 10 LAKH. 8) IF TDS AND TCS IS RS 25,000 OR MORE in case of age below 60 Years. 9) IF TDS AND TCS IS RS 50,000 OR MORE The threshold limit of Rs 25,000 shall be considered as Rs. 50,000 in the case of resident senior citizen, i.e., whose age is 60 years or more 10) IF DEPOSIT IN A SAVING BANK ACCOUNT IS RS 50 LAKH OR MORE. 11) IF YOU HAVE LOSS FROM INCOME FROM HOUSE PROPERTY, CAPITAL GAINS, INCOME FROM BUSINESS AND PROFESSIONAL 13) If you have HUF, AOP and BOI have to file the ITR if You cross the exemption Limit 14). If you have Partnership Firm, Company, Trust have mandatory to file the Tax Return, in that case no exemption limit facility not claimed.. Thank You

By the Grace of Almighty, I have created a new Page in the Name of “THE TAX ADDA” in which I have tried to settle a bit of queries on “TAX AND ACCOUNTING RELATED MATTER and also FINANCIAL RELATED SUBJECT “So, It is my pleasure to welcome everyone in our new Page which is mentioned above.I need your support, your blessing, your motivation, so I can smoothly operate the page. The aim of Page is to solve tax related services such as:

Income Tax Filling,
Preparation of Income Tax Return,
Financial Management,
Preparation of Estimated, Projected and Provisional Balance sheet
MSME Registration,
GST Registration
I. Tax Registration
New Apply/Correction of PAN Card
Etc.

So, I humble request everyone if you are facing a problem on tax related matter and to make a Tax file, Please Contact in below address: -

MOBILE NO: +91-8011806720
EMAIL ID: - [email protected]
FACEBOOK PAGE: - “THE TAX ADDA"