TaxHelpdesk- File Taxes & GST Online in India

  The concept of submitting GSTR 1 can be understood in the context of Goods and Service Tax compliance. As we all know, the recently imposed tax structure requires monthly return filing, making each month a taxable period for the preparation and submission of a set of GSTR 1, GSTR 2, and GSTR 3b   returns. Each of them must be filed in order for the registered taxpayer to declare the transactions he or she conducted during the taxable period to the government. Form GSTR-1 is a monthly/quarterly Statement of Outward Supplies that must be filed by all regular and casual registered taxpayers who make outward supplies of goods and services or both, and it provides information on those outward supplies. Whether or whether there are any transactions during the period, every registered person is required to file GSTR-1. Nil returns for GSTR-1 can be filed by SMS. TaxHelpdesk's dedicated team for document review will check the papers you've uploaded within 24 hours of placing your p...

  Bookkeeping is the practice of recording the business transactions in general ledger. This ledger contains all the financial transactions of the businesses since its inception. On the other hand, Accounting is the practice of analyzing the information in the ledgers and developing insights into the business’s financial decisions. Utility Of Bookkeeping & Accounting There are various advantages attached to bookkeeping & accounting like: Abide with the legal requirements: Maintaining of books of accounts is a statutory requirement. The details recorded in the books of accounts are required in filing of taxes in a time bound manner. Helps management in decision making: Recording and maintaining books of accounts properly helps management to review the financial position of the organisation. Thus, results in to better decisions. Ease in getting funds: By showing properly maintained and accurate books of accounts, one can surely attract investors to invest in their venture. M...

  From FY 2019-2020 onwards, composition taxpayers must file GSTR-4 , which is a GST return. The return cannot be amended after it has been filed, and if it is filed after the deadline, it will be subject to a late fee. Tax Help Desk is the best online tax filing website. Be it GSTR 4 or any Goods and services tax registration , Tax Help Desk makes your gst and income tax related filings and registration a cakewalk. In addition you can also get other GSTR: 1. GSTR-1   2. GSTR-3B   3. GSTR-5 4. GSTR-6   5. GSTR-7 6. GSTR-8 7. GSTR-9 8. GSTR 10 Prerequisites to file GSTR-4 on the GST portal Composition taxpayers must meet the following requirements before drafting and filing GSTR-4: At least one day during the relevant financial year, you registered and chose the composition plan. For all four quarters of the fiscal year, I filed all appropriate form CMP-08 statements. Make a note of the total revenue generated in the previous fiscal year. A step-by-step guide to fil...

  When you pay more tax to the government than your actual tax due, you are eligible for an income tax refund.  This occurs when a taxpayer's advance tax, self-assessment tax paid, and/or TDS deducted during a financial year exceeds his or her total tax burden for the year. This rebate is available when you  ITR online filing .

 Employee Provident Fund Registration can be obtained by establishments who employs 20 or more persons. However,  EPF return filing  can be obtained voluntarily by establishments having less than 20 employees.  Income Tax Help desk  provides EPF Registrations to its user at lower costs with free consultation on Employee Provident Fund!

  The basic income tax filing online exemption limit, income brackets ("slabs"), and tax rates are all unaffected. The rate of surcharge on all long-term capital assets will be capped at 15%. With the help of income tax help desk , Taxpayers would be able to file updated tax returns within two years following the end of the assessment year, subject to the payment of additional taxes and the fulfillment of specified requirements. The time limit for qualified start-ups to incorporate for certain tax advantages has been extended by one year. Additionally, newly created manufacturing businesses would be given an additional year to begin producing in order to qualify for the concessionary tax regime. The income earned from the transfer of virtual assets would be taxed at a 30% rate. The 15 percent tax break on foreign dividends would be eliminated. Date 1 April 2022 Virtual currency is a digital representation of value, other than a representation of the U.S. dollar or a foreign ...

  Individuals have the option of Online Tax Filing Services India for the past years. This is only possible for the two years prior to the current financial year for which returns must be filed. Taxpayers have a two-year window in which to file their returns. Tax HelpDesk offers you a wide array of Income Tax and GST related services including bookkeeping, income tax consultation and GST Consultation . Individuals who want to file their income tax returns for previous years can only do so for the two years preceding the current financial year for which they must file. If a person wants to file their tax returns for the fiscal year 2017-2018, they will have until the end of the fiscal year 2019-2020 to do so. This means that the individual has a two-year window in which to file the taxes. In this situation, the returns for the financial year 2017-18 must be filed by March 31, 2020. Benefits of filing past year income tax returns LOANS- Individuals who have previously submitted tax ...

  When you pay more tax to the government than your actual tax due, you are eligible for an income tax refund. This occurs when a taxpayer’s advance tax, self-assessment tax paid, and/or TDS deducted during a financial year exceeds his or her total tax burden for the year. This rebate is available when you  ITR online filing .

  When you pay more tax to the government than your actual tax due, you are eligible for an income tax refund. This occurs when a taxpayer's advance tax, self-assessment tax paid, and/or TDS deducted during a financial year exceeds his or her total tax burden for the year. This rebate is available when you  ITR online filing .

  Simply put, turnover is the total amount of money exchanged. The term "Turnover," on the other hand, is defined under the  Goods and Tax services  statute. It refers to the entire value of all taxable and exempt supplies, including exports and interstate supply of goods and services. It does not, however, contain inward supplies that are subject to the Reverse Charge.