Precision in Tax Filing: C M Patel and company at Your Service
Benefits of Filing Your Income Tax Returns
Effortlessly file your tax returns and enjoy hassle-free tax season with e-filing.
Claim Tax Refund :
If you have paid more income tax, you are eligible for a tax refund
Avoid Late Filing Fee :
A delay in filing ITR makes you liable to pay a fee of up to 10,000
Easy Loan Approval :
The income tax return serves as an important document for loan approval
Obtaining Visa :
Foreign consulates may ask you to furnish your income tax returns for obtaining Visa
Documents Required For Filing Income Tax Return
If you are an employee
- PAN Card
- Form - 16
- Salary Slip
If you are business owner
- Trading Report
- Business A/C Details
- Profit & Loss Statement
Apart From this You Can Submit
- Investment Proofs
- Purchase / Sale Doc
- TDS Certificate
File Your Income Tax Return For Financial Year 2023 -24
Have Any Questions?
FAQ's for Income tax Related Services
What documents and information do I need to provide to an accounting service?
To effectively manage your financial affairs, an accounting service typically requires documents such as bank statements, receipts, invoices, payroll records, tax forms, and any other relevant financial records. It’s essential to provide complete and organized information to ensure accurate accounting.
Who are exempted from filing ITR?
Individuals with gross total income (before allowing any deductions under section 80C to 80U) not exceeding Rs. 2,50,000 in a financial year, for resident senior citizens (between 60 years to 80 years) not exceeding Rs. 3,00,000 and Rs. 5,00,000 for resident super senior citizens (above 80 years).
Income Tax slab under New Regime for FY 2023-24
Income Tax Slab | Tax Rate |
Up to Rs.3 lakh | Nil |
Above Rs.3 lakh – Rs.6 lakh | 5% |
Above Rs.6 lakh – Rs.9 lakh | 10% |
Above Rs.9 lakh – Rs.12 lakh | 15% |
Above Rs.12 lakh – Rs.15 lakh | 20% |
Above Rs.15 lakh | 30% |
Income Tax Slab (Old Regime) for individuals who are less than 60 years old
Income Tax Slab | Tax Rate |
Up to Rs.2,50,000 | Nil |
From Rs.2,50,001 to Rs.5,00,000 | 5% |
From Rs.5,00,001 to Rs.10,00,000 | 20% of the amount exceeding Rs.5 lakh |
More than Rs.10,00,000 | 30% of the amount exceeding Rs.10 lakh |
Due Date of Advance tax Payment
Advance Tax
Calculating tax liability beforehand and paying the taxes to the government accordingly is called advance tax. There are specific deadlines for the advance tax payments. These deadlines are listed below:
Due Date | Advance Tax Payable |
On or before 15 June | 15% of advance tax |
On or before 15 September | 45% of advance tax |
On or before 15 December | 75% of advance tax |
On or before 15 March | 100% of advance tax |
Our Services
Our professional team has experience across range of service domains including Assurance, Taxation, Governance,
Risk Consulting, Outsourced Accounting, Profit Improvement and Foreign Exchange Management.
Goods & service Tax
GST Registration , GST Return Filing , GST Consultancy, GST Advisory, GST Annual Compliance and GST Consultancy.
Income Tax Related Services
Tax Planning, Income Tax Return, Tax Compliance, Tax advisory Services, TDS Return, TDS Related Advisory Etc.
Businesss Registration
LLP , Private Limited Company, One Person Company, Partnership, Proprietorship, HUF Registration, One Person Company Etc.
Audit & Assurance
Tax Audit, Statutory Audit, Company Audit, Bank Audit, Due Diligence, Internal Auditing, Stock Audit, Compliance Audit
Accounting and Bookkeeping Services
Monthly, quarterly, and annual financial reporting statements in Tally software, Zoho Books and Quickbook
Corporate Compliance and Governance
Statutory filings to corporate record maintenance, ensure seamless compliance with company law norms Etc.
Financial Advisory and Consulting:
Mergers and acquisitions to capital budgeting and risk management, leverage expert guidance to drive growth and mitigate risks Etc.
Other Miscellaneous Services
Import-Export code, MSME, Trademark Registration, CMA Report preparation, Registrar of Firm, CA Certifications Etc.
Income Tax Expert Services to help You With ITR Return Filing
Let Our Tax Experts Handle Tax Filing For You. Just need to update Your Documents. They Will Prepare and file your tax returns for you.And it’s that simple.
