Deevanshu Goyal & Associates

नरक चौदस एंव छोटी दिपावली की हार्दिक शुभकामनाएं।।

स्वतंत्रता दिवस की हार्दिक शुभकामनाएं ।।

Happy New Year

कुमकुम भरे कदमों से आएं लक्ष्मी जी आपके द्वार
सुख-संपत्ति मिले अपार,
दीवाली की हार्दिक शुभकामनाएं करें स्वीकार.

रौशनी से जगाये आपका घर संसार
इस दीवाली आपके घर खुशियां की बौछार,

मुबारक हो आप सभी को दीपावली का त्योहार।।

Happy Diwali

दशहरे की हार्दिक शुभकामनाएं ।।

|| वक्रतुंड महाकाय सूर्यकोटि समप्रभः

निर्विघ्नं कुरुमेदेव सर्वकार्येषु सर्वदा ||

#श्रीगणेशायनमः

7 Advantages of filing ITR even if total income is below exemption limit < 2.5 Lakhs

1) It's an Income Proof for any Business which can be used to get insurance and other products. Further it serves as proof of accumulated earnings over the years

2)It help in Hassle-free visa application procedure, as at times visa authorities ask for copies of past tax returns

3) Ease of getting loan as Bank do insist on ITR for any kind of loans

4)Even if you have losses do file as it It helps in Compensating losses in the next financial year via carry forward of losses and set off against profits

5)In case you have high value transactions its better to file to avoid notices from the tax department for non filing

(6)If you do not file till due date remember you will not able to file the returns at all, as IT Dep has stopped accepting past returns ( which they accepted few years back and one had option to file 3 years returns at one go)

(7)Motor Accidental Claim, Matrimonial claims, and other legal claims are based on earning capacity. This can be one of the proof
Lastly,

Regular, Discipline and Up to date maintained records will surely helps when they are needed later for any legal or social purpose.

Regards,
Deevanshu Goyal & Associate
(Advocate)

INCOME TAX PORTAL UPDATE.
E-filing of ITR 1, ITR 2 and ITR 4 for AY 2022-23 is enabled (ITR-1 & ITR-4 offline &
online both, ITR-2-only offline). Taxpayers can download ITR Offline Utility
through “Downloads” Menu option, fill and file the ITR through the same.

UAE govt to charge corporate on business profits from June 2023.

73वें गणतंत्र दिवस की हार्दिक शुभकामनाएं ।

Happy New Year 🎊🎉