The ever changing Govt Legislation and complex business  environment, requires organization and individual to be proactive in the way. So that  They plan their compliance systems  similarly An effective tax planning can reduce tax outgo . Let you know to discuss more about efiling incometax return form and their benefits.

We at Progressus helps the organisation and individual in big way.  In enabling them to plan their taxation part from the very beginning and ensuring that there are no hicups at the later stage. Hence,

1. Identification and implementation of tax planning and structuring of transactions
2. Preparation and filing of tax returns with the Revenue authorities
3. Representation before Revenue Authorities
4. Formulation and Implementation of Effective Transfer Pricing Strategy
5. Advice on maintenance of various records and documentation
6. Transaction related services in case of takeovers, amalgamations, hive-offs
7. Withholding tax provisions applicability,
8. Compliance with issue of Form 16As, filing of annual returns
9. Tax Due Diligence
10. Advising on new arena and geographies of tax exemptions
11. Studies of Transfer Pricing
12. Expatriate tax advice and Representation

Benefits of efiling IncomeTax Return Form

1. Avoidance of Penalty of Rs 10,000 in case income is more than Rs 5,00,000
2. Brought forward losses and unAbsorbed Depreciation can be carry forward
3. That is to say Helpful  is getting loans
4. Going abroad,getting visa become easier
5. Credential can be developed ,the true value can be ascertained
6. for example Tax Notices can be avoided
7. Contribution to Nation
8. However Refunds are easier

Hence, Above all are benefits  Income Tax return E filing with no  haless of in comfort are guaranteed . Therefore Exact and accurate returns are key for careful Income Tax Proceeding . There are four types of ITR form:-

ITR 1- This form is applicable for residential or non residential.

ITR2 – In this form only non residential will go with this form.

ITR3 – This form is applicable for partnership firms.

ITR4 – Its not applicable for individuals like director of firm or company.

NEW INCOME TAX RETURN FORMS NOTIFIED are appeared you can read out. So that you can  get some generic information about income tax return form