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- How to check Income Tax Refund Status | Karr Tax
Find the easiest way to track your income tax refund status with our comprehensive guide. ನಿಮ್ಮ ಆದಾಯ ತೆರಿಗೆ ಮರುಪಾವತಿ ಸ್ಥಿತಿಯನ್ನು ಹೇಗೆ ಪರಿಶೀಲಿಸುವುದು What is Income Tax Refund? ನಿಮ್ಮ ಐಟಿ ರಿಟರ್ನ್ ಅನ್ನು ನೀವು ಸ್ವಯಂ ಮೂಲಕ ಅಥವಾ ಯಾವುದೇ ಏಜೆನ್ಸಿಗಳ ಮೂಲಕ ಅಥವಾ ಸಿಎಗಳ ಮೂಲಕ ಸಲ್ಲಿಸಿರಬಹುದು ಆದರೆ ಅನೇಕ ಬಾರಿ, ನಿಮ್ಮ ಖಾತೆಯಲ್ಲಿ ಅಥವಾ ಅಂತಹುದೇ ಸಮಸ್ಯೆಗಳಲ್ಲಿ ಮರುಪಾವತಿಯನ್ನು ಏಕೆ ಜಮಾ ಮಾಡಲಾಗಿಲ್ಲ ಎಂದು ನೀವು ಆಶ್ಚರ್ಯ ಪಡಬಹುದು. ಕಳೆದ ಹಲವು ಸಹಾಯಕ ಸಂಸ್ಥೆಗಳ ನಿಮ್ಮ ಆದಾಯ ತೆರಿಗೆ ಮರುಪಾವತಿಯ ಆನ್ಲೈನ್ ಪರಿಶೀಲನೆಯ ಸೌಲಭ್ಯವನ್ನು ಆದಾಯ ತೆರಿಗೆ ಇಲಾಖೆ ಒದಗಿಸಿದೆ. www.tin-nsdl.com ವೆಬ್ಸೈಟ್ಗೆ ಭೇಟಿ ನೀಡುವ ಮೂಲಕ ಆನ್ಲೈನ್ನಲ್ಲಿ ವರ್ಷಗಳು. ನಿಮ್ಮ ಐಟಿ ಮರುಪಾವತಿಗೆ ಏನಾಯಿತು ಎಂಬುದರ ಕುರಿತು ವಿವರವಾದ ಮಾಹಿತಿಯನ್ನು ಇಲ್ಲಿ ನೀವು ಪಡೆಯುತ್ತೀರಿ, ಅಂದರೆ ನಿಮ್ಮ ಖಾತೆಗೆ ಕ್ರೆಡಿಟ್ ದಿನಾಂಕ, ಯಾವುದೇ ಬಾಕಿ ಇರುವ ಬೇಡಿಕೆಗೆ ವಿರುದ್ಧವಾಗಿ ಅದನ್ನು ಸರಿಹೊಂದಿಸಲಾಗಿದೆಯೇ. ಆದಾಗ್ಯೂ ಯಾವುದೇ ವಿವರಗಳು ಲಭ್ಯವಿಲ್ಲದಿದ್ದರೆ, ಇದರರ್ಥ ನಿಮ್ಮ ರಿಟರ್ನ್ ಅನ್ನು ಇನ್ನೂ ಪ್ರಕ್ರಿಯೆಗೊಳಿಸಲಾಗಿಲ್ಲ ಅಥವಾ ಅವುಗಳು ನಿಮ್ಮ ಪ್ರಕ್ರಿಯೆಯಲ್ಲಿ ಕೆಲವು ಸಮಸ್ಯೆಗಳಾಗಿವೆ. ಅಂತಹ ಸಂದರ್ಭದಲ್ಲಿ, ನೀವು ಅದನ್ನು ಇಫೈಲಿಂಗ್ ಸೈಟ್ ಅಂದರೆ www ಗೆ ಭೇಟಿ ನೀಡಬೇಕಾಗುತ್ತದೆ. incometaxindiaefiling .gov.in, ನಿಮ್ಮ ಖಾತೆಗೆ ಲಾಗಿನ್ ಮಾಡಿ ಮತ್ತು ನಿಮ್ಮ ರಿಟರ್ನ್ ಪ್ರಕ್ರಿಯೆಯ ಸ್ಥಿತಿಯನ್ನು ನೋಡಿ. ನಿಮ್ಮ ಐಟಿ ಮರುಪಾವತಿಯ ಸ್ಥಿತಿಯನ್ನು ಪರಿಶೀಲಿಸಲು When Are You Eligible To Claim An Income Tax Refund? Excess TDS Deducted Employers deduct taxes according to the documents, such as proofs for investments like 8 0C or medical insurance premiums . In any case, if the employee can't furnish proof by the financial year's end, the employer might deduct higher taxes. Further, according to their eligibility, the employee can claim the benefits later by filing the IT return, such as ITR-1 , ITR-2 , etc, and seek a refund of the excess taxes paid. Income Below Taxable Bracket Individuals with income less than the taxable threshold (e.g., less than Rs 5 lakh) may not be required to pay taxes. Yet, their taxes got deducted. So they can seek a refund on the excess tax deducted. Excess Advance Tax Paid If the advance tax paid on self-assessment exceeds the actual tax liability for the financial year, taxpayers can claim a refund while filing their Income Tax Return (ITR). Doubly Taxed Income (DTAA) Entities earning taxable income in more than one country due to being a citizen of one country and receiving income from another may claim a tax refund. Double Taxation Avoidance Agreements (DTAA) allow non-residents to claim a refund if their income is taxable in multiple countries. Excess TDS on Interest Income Banks may deduct TDS on interest accrued from FDs or bonds if it exceeds the specified limit in the Income Tax Act. Taxpayers can claim a refund if excess TDS is deducted. All the instances mentioned above are subjective, so seeking advice from a professional tax expert from Karr Tax is suggested to ensure compliance with tax laws and guidelines to facilitate a smooth refund process. How To Claim An Income Tax Refund? To initiate the process of claiming an income tax refund, the taxpayer needs to file their Income Tax Return (ITR) . The department will consider the ITR for refund processing only if it is verified through online modes or by sending a signed copy of ITR-V through offline means. Have you filed your Income tax return to claim a refund? If not, get started with Karr Ta x's user-friendly platform. Want to save on taxes? Get it touch with our tax professionals to know the strategies! How To Check IT Refund Status? Once the refund is processed, you can check the refund status in the following ways. The Income Tax E-filing Portal Follow the below steps sequentially. Step 1.) Visit the official Income Tax portal website and log in to the account using your PAN and password. Step 2.) Go to the “services” section, select "Know your Refund status’ and choose Assessment Year. Step 3.) Here, you can check the refund status of refund determined after 31st March,2023. For Refunds issued prior to this date, you have to follow below mentioned process. The TIN NSDL Portal Here are the steps to check IT refund status via the TIN NSDL Portal. Step 1.) Visit the official TIN NSDL Portal , and you will see a page shown in the image Step 2.) Enter your PAN number, assessment year, and fill in the captcha. Then, click “Proceed.” Once done, you will get all the details of your TDS refund status. Here is a list of some common terminologies for various income tax refund statuses. Refund Paid: Your income tax refund has been successfully transferred to your bank account. No Demand, No Refund: This status indicates that the tax amount deducted is accurate and the income tax department does not owe you any refund. Demand Determined: Your demand for a refund has been rejected, and the department's calculation suggests that you need to pay additional tax. ITR Proceeds Determined and Sent to Refund Banker: It implies that your income tax refund has been processed, and the amount has been sent to the refund banker for further processing. Refund Failure: The IT department has issued the refund, but it was not processed due to bank detail errors. Rectification Proceeded On, No Demand, No Refund: The income tax department has proceeded with rectifying your return, and there is neither a demand for additional payment nor a refund owed. Rectification Proceeded, Demand Determined: The rectified income tax refund request has been accepted, but the demand for additional tax payment has been determined. This amount needs to be paid within 30 days of the notice. Frequently Asked Questions (FAQs) 1.If my refund status displays “Refund Failure,” can I apply for that again? You can raise a “Refund Reissue” request under the ‘Services’ tab and add the bank account number where you want the credited refund. It will only be processed if the bank account is pre-validated. 2.I have changed my bank account number and want to change this in IT return. How to do this? If you need to update your bank account number in your income tax return, it is typically applicable in cases of refund failure. Where your IT Return has been processed, a refund was generated, but you have yet to receive it. To change the bank account number under such circumstances, follow these steps: Log in to the official income tax website. Navigate to 'Services' and select 'Refund Reissue.' Create a refund reissue request, specifying the updated bank account details where you want the refund to be credited. Ensure the new bank account is pre-validated, as the refund will only be credited to pre-validated accounts. Submit the refund reissue request. 3.How to check my income tax refund status online? You can check your IT return refund status online in two ways. By the Income Tax E-filing Portal By the TIN NSDL Portal 4.Is IT refund taxable? No, income tax refunds are not taxable as they are the return of excess income tax a taxpayer has paid to the government throughout the year. Since the refund is essentially the return of your own money that you overpaid in taxes, it is not treated as new income. Therefore, it is not subject to additional taxation. 5.Some of my personal details have changed. How can I update the address, email ID, and mobile number I provided in my Income Tax Return? To update your contact information, log in to the income tax e-filing website and navigate to 'My Profile.' Click 'Edit Contact' and enter your new address, email ID, or mobile number. Once you submit the changes, your updated contact details will be reflected in your profile and automatically sent to the Central Processing Center (CPC) for updating in your income tax return. 6.What is the meaning of the term “Restricted Refund”? Restricted refund refers to the error that arises due to the inconsistency between your PAN and bank account number. 7.Is there any compensation for a delayed income tax refund? In the case of a delayed income tax refund, you are entitled to receive compensation. You will be eligible for an interest payment of 0.5% per month or part of the month on the amount that was due to you. This interest accrues from the 1st of April of the assessment year and continues until the date when your refund is granted. 8.What could be the reasons for delayed income tax refunds? There can be several reasons behind this situation. Processing Status Your Income Tax Return might still need to be processed. Inspect the status by logging into the income tax e-filing website. No Refund Determined Your income tax return might have been processed, but the Income Tax Department has determined that no refund is applicable in your case. Refund Not Credited Your income tax return could have been processed with a refund, but it has yet to be credited to your account. Ensure that you have pre-validated your bank account. ಇಲ್ಲಿ ಕ್ಲಿಕ್ ಮಾಡಿ
- E-Way Bill Under GST | Karr Tax
E-way bill is a document that is required to be carried by the transporter of goods when the value of the consignment exceeds Rs.50000. Learn Everything about Electronic Way Bill here. E-Way Bill under GST Contents What is E-way Bill Who is required to Generate E-Way Bill? What type of Goods require E-Way Bill? E-Way Bill Format and Process Validity Period of E-way bill? Cancellation or updation of E-way Bill When E-Way Bill is not required? Different State Limits for Generation of E-Way Bill Acts and Ruls of CGST regarding E-Way Bill Forms of E-Way Bill What is an E-way Bill ? What is E-way Bill E-way bill is a document which is required to be carried by transportor of goods when the value of consignment is exceeding Rs.50000. E-way bill needs to be generated by Registered person or transportor of goods when the value of consignment is above Rs.50000. E-way bill is generated from the e-way bill portal of GST either by the registered person or by the transportor before the movement of goods starts. Section 68 of the GST Act requires that govt. may prescribe a document which needs to be carried by person in charge of conveyance for transporting goods beyond a certain limit. Rule 138 of the GST Act has prescribed E-way bill as that document which was referred in Section 68 of the Act. The e-way bill, a crucial document for transporting goods, follows a specific format outlined by the GST regime. This digital document must accompany the transportation of goods valued above a specified threshold, ensuring compliance with GST regulations. For specialized cargo like over-dimensional cargo, which exceeds standard dimensions, including the appropriate details in the e-way bill becomes essential. Over-dimensional cargo's inclusion in the e-way bill pertains to specifying its unique characteristics, ensuring accurate documentation and compliance while transporting such goods. Who is required to generate E-way bill ? Who is required to Generate E-Way Bill? E-way bill is required to be generated by : 1. Registered Person 2. Transporter of Goods here either registered person or transporter can generate E-way bill. Before generation of E-way bill, both the Registered Person as well as transporter needs to be registered at E-way bill portal of GST. 3. Any other Unregistered person can also enroll on the E-way bill portal of GST and generate E-way bill for his/her own use. What type of Goods require E-way Bill generation? What type of Goods require E-Way Bill? E-way bill is required for movement of goods exceeding Rs.50000 in a conveyance or vehicle for the following type of goods : 1. Any sale of Goods 2. For any other reasons i.e. goods send on consignment, branch transfers, sales return etc. 3. In case of any inward supply from an Unregistered dealer However, there are two other circumstances prescribed wherein E-way bill is mandatory even if the value of goods is less than Rs.50,000 : 1. When there is Inter-state movement of Goods by Principal to Job-worker 2. When there is Inter-state transport of Handicraft goods by a dealer who is not required to be registered i.e. Exempt from Registration E-way bill Format and Process E-Way Bill Format and Process E-way Bill (EWB-01) consists of two parts : Part A & Part B Part - A : Part A Consists of details of Supplier and Receipient and the details of Invoice, dispatch etc. Part B : In Part B, the transporter details and the vehicle details will be available Since an E-way bill can be generated by a Registered person as well as a transporter of goods, Part - A and Part - B can be filled either by a Registered person or the Transporter. It is also possible that the registered person fills Part - A and the transporter fills Part B before the actual movement of goods. It is also possible that the transporter is transporting multiple consignments in a single vehicle. In that case, the transporter can generate a single consolidated E-way bill (EWB-02) in which the details of all single E-way bills can be provided. Validity Period of E-way Bill Validity Period of E-way bill? There is a validity period of each E-way bill generated on the e-way bill portal. The same is as under : Description of Vehicle Kms. i.e. Distance Validity of E-way bill Normal Vehicles upto 200 Kms. 1 day Normal Vehicles for additional 200 Kms. or part Additional 1 day Over Dimensional Vehicles Upto 20 Kms. 1 day Over Dimensional Vehicles for additional 20 Kms. or part Additional 1 day Cancellation or updation of E-way Bill E-Way Bill Expired What To Do? Understanding the e-way bill format is pivotal, especially regarding its validity for transportation. The e-way bill's validity typically extends to a distance of 200 kilometers, beyond which a new e-way bill is required. This ensures that the transportation process complies with GST regulations and that the goods being transported are appropriately documented throughout their journey. Consignment sales under GST require proper documentation, often involving the generation of an e-way bill through the designated e-way bill portal. Adhering to the specific format of the e-way bill and using the online platform for its generation ensures compliance and accuracy in documenting goods transported via courier services under GST regulations. Cancellation or updation of E-way bills E-way bill once generated can't be modified or edited. However, there is an option to update PART B of the same. But if the E-way bill has been generated with any wrong/false information, the same can be cancelled. The E-way bill can be cancelled within 24 hours of generation only. However there is an option with the recipient to reject the E-way bill within 72 hours of generation. When E-Way bill is not required? When E-Way Bill is not required? In the following cases/situations, generation of E-Way bill is not required : 1. When the value of goods transported is less than Rs.50,000 except in case of interstate transfer of handicraft goods and goods sent by Principal to Jobworker 2. When the mode of transport is non-motored vehicle 3. When the goods are transported under custom seal or supervision 4. When the goods are being transported in rail either by Central Government, State Government or local authority 5. When goods are transported through customs ports, airports, air cargo complexes, and land customs stations to ICD or CFS for custom clearance. 6. When goods are transported by the Ministry of Defence 7. When goods are transported to or from Nepal or Bhutan 8. When goods fall under the category of non-supply of goods under Schedule III of CGST Act. 9. Part B of E-Way Bill is not required to be filled where the distance between the consigner or consignee and the transporter is less than 50 Kms and transport is within the state only. Different State Limits for Generation of E-way Bills Different State Limits for Generation of E-Way Bill The above provisions for generating E-way bills are based on CGST Act and rules . However various state government has provided relief in generation of E-way bills for goods transported within that state in terms of basic exemption limit or in respect of certain specific goods /items. For Example, in Tamil Nadu and Rajasthan, the limit of Rs.50000 has been increased to Rs.1 lakh for generation of E-way bill within the state. Please check the respective State GST website for updates in this regard. Acts and Ruls of CGST regarding E-Way Bill Relevant Act and Rules of CGST regarding E-Way Bill E-way bill system has come into force as per Section 68 of the CGST Act which reads as under : Section 68. Inspection of goods in movement - (1) The Government may require the person in charge of a conveyance carrying any consignment of goods of value exceeding such amount as may be specified to carry with him such documents and such devices as may be prescribed. (2) The details of documents required to be carried under sub-section (1) shall be validated in such manner as may be prescribed . (3) Where any conveyance referred to in sub-section (1) is intercepted by the proper officer at any place, he may require the person in charge of the said conveyance to produce the documents prescribed under the said sub-section and devices for verification, and the said person shall be liable to produce the documents and devices and also allow the inspection of goods. To give effect to above Section, CGST rules has introduced rule 138 which reads as under : Rule 138. Information to be furnished prior to commencement of movement of goods and generation of e-way bill. (1) Every registered person who causes movement of goods of consignment value exceeding fifty thousand rupees- (i) in relation to a supply; or (ii) for reasons other than supply; or (iii) due to inward supply from an unregistered person, shall, before commencement of such movement, furnish information relating to the said goods as specified in Part A of FORM GST EWB-01 , electronically, on the common portal along with such other information as may be required on the common portal and a unique number will be generated on the said portal: Provided that the transporter, on an authorization received from the registered person, may furnish information in Part A of FORM GST EWB-01 , electronically, on the common portal along with such other information as may be required on the common portal and a unique number will be generated on the said portal: Provided further that where the goods to be transported are supplied through an ecommerce operator or a courier agency, on an authorization received from the consignor, the information in Part A of FORM GST EWB-01 may be furnished by such e-commerce operator or courier agency and a unique number will be generated on the said portal: Provided also that where goods are sent by a principal located in one State or Union territory to a job worker located in any other State or Union territory, the e-way bill shall be generated either by the principal or the job worker, if registered, irrespective of the value of the consignment: Provided also that where handicraft goods are transported from one State or Union territory to another State or Union territory by a person who has been exempted from the requirement of obtaining registration under clauses (i) and (ii) of section 24 , the e-way bill shall be generated by the said person irrespective of the value of the consignment. Explanation 1. - For the purposes of this rule, the expression "handicraft goods" has the meaning as assigned to it in the Government of India, Ministry of Finance, Notification No 56/2018-Central Tax , dated the 23rd October, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R 1056 (E), dated the 23rd October, 2018 as amended from time to time.] Explanation 2 . - For the purposes of this rule, the consignment value of goods shall be the value, determined in accordance with the provisions of section 15, declared in an invoice, a bill of supply or a delivery challan, as the case may be, issued in respect of the said consignment and also includes the central tax, State or Union territory tax, integrated tax and cess charged, if any, in the document and shall exclude the value of exempt supply of goods where the invoice is issued in respect of both exempt and taxable supply of goods. (2) Where the goods are transported by the registered person as a consignor or the recipient of supply as the consignee, whether in his own conveyance or a hired one or a public conveyance, by road, the said person shall generate the e-way bill in FORM GST EWB-01 electronically on the common portal after furnishing information in Part B of FORM GST EWB-01 . (2A) Where the goods are transported by railways or by air or vessel, the e-way bill shall be generated by the registered person, being the supplier or the recipient, who shall, either before or after the commencement of movement, furnish, on the common portal, the information in Part B of FORM GST EWB-01 : Provided that where the goods are transported by railways, the railways shall not deliver the goods unless thee-way bill required under these rules is produced at the time of delivery. (3) Where the e-way bill is not generated under sub-rule (2) and the goods are handed over to a transporter for transportation by road, the registered person shall furnish the information relating to the transporter on the common portal and the e-way bill shall be generated by the transporter on the said portal on the basis of the information furnished by the registered person in Part A of FORM GST EWB-01 : Provided that the registered person or, the transporter may, at his option, generate and carry the e-waybill even if the value of the consignment is less than fifty thousand rupees: Provided further that where the movement is caused by an unregistered person either in his own conveyance or a hired one or through a transporter, he or the transporter may, at their option, generate the e-way bill in FORM GST EWB-01 on the common portal in the manner specified in this rule: Provided also that where the goods are transported for a distance of up to fifty kilometers within the State or Union territory from the place of business of the consignor to the place of business of the transporter for further transportation, the supplier or the recipient, or as the case may be, the transporter may not furnish the details of conveyance in Part B of FORM GST EWB-01 . Explanation 1 . - For the purposes of this sub-rule, where the goods are supplied by an unregistered supplier to a recipient who is registered, the movement shall be said to be caused by such recipient if the recipient is known at the time of commencement of the movement of goods. Explanation 2 . - The e-way bill shall not be valid for movement of goods by road unless the information in Part-B of FORM GST EWB-01 has been furnished except in the case of movements covered under the third proviso to sub-rule (3) and the proviso to sub-rule (5). (4) Upon generation of the e-way bill on the common portal, a unique e-way bill number (EBN) shall be made available to the supplier, the recipient and the transporter on the common portal. (5) Where the goods are transferred from one conveyance to another, the consignor or the recipient, who has provided information in Part A of the FORM GST EWB-01 , or the transporter shall, before such transfer and further movement of goods, update the details of conveyance in the e-way bill on the common portal in Part B of FORM GST EWB-01 : Provided that where the goods are transported for a distance of upto fifty kilometers within the State or Union territory from the place of business of the transporter finally to the place of business of the consignee, the details of the conveyance may not be updated in the e-way bill. (5A) The consignor or the recipient, who has furnished the information in Part A of FORM GST EWB-01 , or the transporter, may assign the e-way bill number to another registered or enrolled transporter for updating the information in Part B of FORM GST EWB -01 for further movement of the consignment: Provided that after the details of the conveyance have been updated by the transporter in Part B of FORM GST EWB-01 ,the consignor or recipient, as the case may be, who has furnished the information in Part A of FORM GST EWB-01 shall Not be allowed to assign the e-way bill number to another transporter. (6) After e-way bill has been generated in accordance with the provisions of sub-rule (1), where multiple consignments are intended to be transported in one conveyance, the transporter may indicate the serial number of e-way bills generated in respect of each such consignment electronically on the common portal and a consolidated e-way bill in FORM GST EWB-02 maybe generated by him on the said common portal prior to the movement of goods. (7) Where the consignor or the consignee has Not generated the e-way bill in FORMGST EWB-01 and the aggregate of the consignment value of goods carried in the conveyance is more than fifty thousand rupees, the transporter, except incase of transportation of goods by railways, air and vessel, shall, in respect of inter-State supply, generate the e-way bill in FORM GST EWB-01 on the basis of invoice or bill of supply or delivery challan, as the case may be, and may also generate a consolidated e-way bill in FORM GST EWB-02 on the common portal prior to the movement of goods: Provided that where the goods to be transported are supplied through an e-commerce operator or a courier agency, the information in Part A of FORM GST EWB-01 may be furnished by such e-commerce operator or courier agency. (8) The information furnished in Part A of FORM GST EWB-01 shall be made available to the registered supplier on the common portal who may utilize the same for furnishing the details in FORM GSTR-1 : Provided that when the information has been furnished by an unregistered supplier or an unregistered recipient in FORM GST EWB-01 , he shall be informed electronically, if the mobile number or the e-mail is available. (9) Where an e-way bill has been generated under this rule, but goods are either not transported or are not transported as per the details furnished in the e-waybill, the e-way bill may be cancelled electronically on the common portal within twenty four hours of generation of the e-way bill: Provided that an e-way bill cannot be cancelled if it has been verified in transit in accordance with the provisions of rule 138B : Provided further that the unique number generated under sub-rule (1) shall be valid for a period of fifteen days for updation of Part B of FORM GST EWB-01 . (10) An e-way bill or a consolidated e-way bill generated under this rule shall be valid for the period as mentioned in column (3) of the Table below from the relevant date, for the distance, within the country, the goods have to be transported, as mentioned in column (2) of the said Table: - Sl. No Distance Validity period (1) 1. Up to 3[200 km.] One day in cases other than Over Dimensional Cargo 4[or multimodal shipment in which at least one leg involves transport by ship] 2. For every 3[200 km.] or part thereof thereafter One additional day in cases other than Over Dimensional Cargo 4[or multimodal shipment in which at least one leg involves transport by ship] 3. Upto 20 km One day in case of Over Dimensional Cargo 4[or multimodal shipment in which at least one leg involves transport by ship] 4. For every 20 km. or part thereof thereafter One additional day in case of Over Dimensional Cargo 4[or multimodal shipment in which at least one leg involves transport by ship]: Provided that the Commissioner may, on the recommendations of the Council, by Notification, extend the validity period of an e-way bill for certain categories of goods as may be specified therein: Provided further that where, under circumstances of an exceptional nature, including trans-shipment, the goods cannot be transported within the validity period of the e-way bill, the transporter may extend the validity period after updating the details in Part B of FORM GST EWB-01 , if required. 4[Provided also that the validity of the e-way bill may be extended within eight hours from the time of its expiry.] Explanation 1. - For the purposes of this rule, the "relevant date" shall mean the date on which the e-way bill has been generated and the period of validity shall be counted from the time at which the e-way bill has been generated and each day shall be counted as the period expiring at midnight of the day immediately following the date of generation of e-way bill. Explanation 2. - For the purposes of this rule, the expression "Over Dimensional Cargo" shall mean a cargo carried as a single indivisible unit and which exceeds the dimensional limits prescribed in rule 93 of the Central Motor Vehicle Rules, 1989, made under the Motor Vehicles Act,1988 (59 of 1988). (11) The details of the e-way bill generated under this rule shall be made available to the- (a) supplier, if registered, where the information in Part A of FORM GST EWB-01 has been furnished by the recipient or the transporter; or (b) recipient, if registered, where the information in Part A of FORM GST EWB-01 has been furnished by the supplier or the transporter, on the common portal, and the supplier or the recipient, as the case may be, shall communicate his acceptance or rejection of the consignment covered by the e-way bill. (12) Where the person to whom the information specified in sub-rule (11) has been made available does Not communicate his acceptance or rejection within seventy two hours of the details being made available to him on the common portal, or the time of delivery of goods whichever is earlier, it shall be deemed that he has accepted the said details. (13) The e-way bill generated under this rule or under rule 138 of the Goods and Services Tax Rules of any State or Union territory shall be valid in every State and Union territory. (14) Notwithstanding anything contained in this rule, no e-way bill is required to be generated- (a) where the goods being transported are specified in Annexure; (b) where the goods are being transported by a Non-motorised conveyance; (c) where the goods are being transported from the customs port, airport, air cargo complex and land customs station to an inland container depot or a container freight station for clearance by Customs; (d) in respect of movement of goods within such areas as are Notified under clause (d) of sub-rule (14) of rule 138 of the State or Union territory Goods and Services Tax Rules in that particular State or Union territory; (e) where the goods, other than de-oiled cake, being transported, are specified in the Schedule appended to Notification No 2/2017- Central tax (Rate) dated the 28th June, 2017 published in the Gazette of India, Extraordinary, Part II, Section 3 , Sub-section (i), vide number G.S.R 674 (E) dated the 28th June, 2017 as amended from time to time; (f) where the goods being transported are alcoholic liquor for human consumption, petroleum crude, high speed diesel, motor spirit (commonly known as petrol), natural gas or aviation turbine fuel; (g) where the supply of goods being transported is treated as No supply under Schedule III of the Act; (h) where the goods are being transported- (i) under customs bond from an inland container depot or a container freight station to a custom sport, airport, air cargo complex and land customs station, or from one customs station or customs port to another customs station or customs port, or (ii) under customs supervision or under customs seal; (i) where the goods being transported are transit cargo from or to Nepal or Bhutan; (j) where the goods being transported are exempt from tax under Notification No 7/2017-Central Tax(Rate) , dated 28th June 2017 published in the Gazette of India, Extraordinary, Part II, Section 3 , Sub-section (i), vide number G.S.R 679(E)dated the 28th June, 2017 as amended from time to time and Notification No 26/2017 Central Tax(Rate) , dated the 21st September, 2017 published in the Gazette of India, Extraordinary, Part II, Section 3 , Sub-section (i), vide number G.S.R 1181(E)dated the 21st September, 2017 as amended from time to time; (k) any movement of goods caused by defence formation under Ministry of defence as a consignor or consignee; (l) where the consignor of goods is the Central Government, Government of any State or a local authority for transport of goods by rail; (m) where empty cargo containers are being transported; and (n) where the goods are being transported upto a distance of twenty kilometers from the place of the business of the consignor to a weighbridge for weighment or from the weighbridge back to the place of the business of the said consignor subject to the condition that the movement of goods is accompanied by a delivery challan issued in accordance with rule 55 . 5[(o) where empty cylinders for packing of liquefied petroleum gas are being moved for reasons other than supply.] Explanation. - The facility of generation, cancellation, updation and assignment of e-way bill shall be made available through SMS to the supplier, recipient and the transporter, as the case may be. ANNEXURE [(See rule 138 (14)] S. No Description of Goods 1. Liquefied petroleum gas for supply to household and Non domestic exempted category (NDEC) customers 2. Kerosene oil sold under PDS 3. Postal baggage transported by Department of Posts 4. Natural or cultured pearls and precious or semi-precious stones; precious metals and metals clad with precious metal (Chapter 71) 5. Jewellery, goldsmiths' and silversmiths' wares and other articles (Chapter 71) 6[excepting Imitation Jewellery (7117)] 6. Currency 7. Used personal and household effects 8. Coral, unworked (0508) and worked coral (9601) Forms of E-Way Bill Forms of E-Way Bill - Click to Download FORM GST EWB-01 - EWAY BILL FORM GST EWB-02 - CONSOLIDATED EWAY BILL FORM GST EWB-03 - VERIFICATION REPORT FORM GST EWB-04 - REPORT OF DETENTION FORM GST EWB-05 - APPLICATION FOR UNBLOCKING OF FACILITY FOR GENERATING EWAY BILL FORM GST EWB-06 - ORDER FOR PERMITTING/REJECTING APPLICATION FOR UNBLOCKING O F FACILITY FOR GENERATING EWAY BILL Need help with your GST Return? Relax! Our Experts are here to help you out. Just connect with one below. ಈಗ ಪ್ರಾರಂಭಿಸಿ
- Effortless PAN Aadhar Linking - Check Status and Link Now at Karrtax.in
Easily complete your PAN Aadhar linking process online. Check status updates and ensure compliance with updated regulations. ಪ್ಯಾನ್ ಆಧಾರ್ ಲಿಂಕ್ ರೂ .99 ಮಾತ್ರ ನಿಮ್ಮ ಪ್ಯಾನ್ ಅನ್ನು ಈಗ ಆಧಾರ್ಗೆ ಲಿಂಕ್ ಮಾಡಿ ನನ್ನನ್ನು ಕ್ಲಿಕ್ ಮಾಡಿ ಈಗ ಲಿಂಕ್ ಮಾಡಿ Check Pan Aadhar Link Status Check Status The e-filing portal, accessible through the URL eportal.incometax.gov.in, serves as a comprehensive platform for taxpayers in India. Here, individuals can link their PAN (Permanent Account Number) and Aadhaar card by navigating to the income tax.gov.in Aadhaar PAN link section within the portal. This linkage is crucial for tax compliance and facilitates seamless verification and authentication of financial transactions. The e-portal allows users to input their PAN and date of birth, enabling them to link their Aadhaar card effortlessly, ensuring compliance with government regulations and easing the process of income tax filings. Users can log in to the eportal.incometax.gov.in to access a dedicated section specifically designed for linking Aadhaar and PAN, simplifying the verification process and ensuring a secure connection between these vital identification documents. It's important for users to navigate specifically to the eportal.incometax.gov.in Aadhaar PAN link section within the e-filing portal to check the status of their Aadhaar-PAN linkage. This ensures that the linking process is completed successfully, securing the authentication of their financial records. Moreover, using the eportal.incometax.gov.in login, individuals can access their personalized tax-related information, file returns, and comply with the necessary regulations while conveniently managing their financial records through the income tax e-filing portal. ನಿಮ್ಮ ಪ್ಯಾನ್ ಅನ್ನು ಆಧಾರ್ಗೆ ಲಿಂಕ್ ಮಾಡಿ ಆದಾಯ ತೆರಿಗೆ ಕಾಯಿದೆಯಡಿಯಲ್ಲಿ, ಈಗ ಪ್ಯಾನ್ ಅನ್ನು ನಿಗದಿಪಡಿಸಿದ ಮತ್ತು ಆಧಾರ್ ಪಡೆಯಲು ಅರ್ಹರಾಗಿರುವ ಎಲ್ಲಾ ವ್ಯಕ್ತಿಗಳಿಗೆ ನಿಮ್ಮ ಪ್ಯಾನ್ ಅನ್ನು ಆಧಾರ್ಗೆ ಲಿಂಕ್ ಮಾಡುವುದು ಕಡ್ಡಾಯವಾಗಿದೆ. ಆದಾಗ್ಯೂ ಪ್ಯಾನ್-ಆಧಾರ್ ಲಿಂಕ್ನಿಂದ ವಿನಾಯಿತಿ ಪಡೆದ ಕೆಲವು ವರ್ಗದ ವ್ಯಕ್ತಿಗಳಿವೆ ng: 1. ಅನಿವಾಸಿ ಭಾರತೀಯರು 2. ಭಾರತದ ನಾಗರಿಕರಲ್ಲದ ವ್ಯಕ್ತಿಗಳು 3. ದಿನಾಂಕ ನಂತೆ 80 ವರ್ಷಕ್ಕಿಂತ ಮೇಲ್ಪಟ್ಟ ವ್ಯಕ್ತಿಗಳು 4. ಅಸ್ಸಾಂ, ಮೇಘಾಲಯ ಅಥವಾ ಜಮ್ಮು ಮತ್ತು ಕಾಶ್ಮೀರ ರಾಜ್ಯಗಳ ನಿವಾಸಿಗಳು (ಕಂದಾಯ ಇಲಾಖೆಯ ಅಧಿಸೂಚನೆ ಸಂಖ್ಯೆ.37/2017 dtd. 11ನೇ ಮೇ, 2017 ಪ್ರಕಾರ) PAN ಆಧಾರ್ ಲಿಂಕ್ ಮಾಡುವಿಕೆಯು 31 ಮಾರ್ಚ್, 2022 ರವರೆಗೆ ಉಚಿತವಾಗಿದೆ. ಅಂದಿನಿಂದ CBDT ಲಿಂಕ್ ಮಾಡಲು ತಡವಾದ ಶುಲ್ಕವನ್ನು ವಿಧಿಸಿದೆ: (ಎ) ರೂ. 500 ಜೂನ್ 30, 2022 ವರೆಗೆ (ಬಿ) ರೂ.1000 30 ಜೂನ್.22 ರ ನಂತರ 31ನೇ ಮಾರ್ಚ್, 23 ರವರೆಗೆ 31ನೇ ಮಾರ್ಚ್, 2023 ರ ನಂತರ, ಆಧಾರ್ಗೆ ಲಿಂಕ್ ಮಾಡದಿರುವ ಎಲ್ಲಾ PAN ಗಳು ಅಮಾನ್ಯವಾಗುತ್ತವೆ ಮತ್ತು ನಿಷ್ಕ್ರಿಯವಾಗಿರುತ್ತವೆ. ಯಾವುದೇ ತೊಂದರೆಯಿಲ್ಲದೆ ಆನ್ಲೈನ್ನಲ್ಲಿ ಆಧಾರ್ನೊಂದಿಗೆ ಪ್ಯಾನ್ ಅನ್ನು ಹೇಗೆ ಲಿಂಕ್ ಮಾಡುವುದು ಎಂಬುದರ ಪ್ರಕ್ರಿಯೆಯನ್ನು ನಾವು ಒದಗಿಸುತ್ತಿದ್ದೇವೆ. ಪ್ಯಾನ್ ಆಧಾರ್ ಲಿಂಕ್ ಮಾಡುವ ಹಂತಗಳು : 1. ಲಿಂಕ್ಗೆ ಹೋಗಿ https://eportal.incometax.gov.in/iec/foservices/#/pre-login/bl-link-aadhaar 2.ನಿಮ್ಮ ಪ್ಯಾನ್ ಮತ್ತು ಆಧಾರ್ ಸಂಖ್ಯೆಯನ್ನು ಭರ್ತಿ ಮಾಡಿ ಮತ್ತು ಮೌಲ್ಯೀಕರಿಸು ಕ್ಲಿಕ್ ಮಾಡಿ 3. ಪ್ಯಾನ್ ಆಧಾರ್ ಈಗಾಗಲೇ ಲಿಂಕ್ ಆಗಿದ್ದರೆ, ಅದು "ನಿಮ್ಮ ಪ್ಯಾನ್ ಈಗಾಗಲೇ ಆಧಾರ್ಗೆ ಲಿಂಕ್ ಆಗಿದೆ" ಎಂದು ಸ್ಥಿತಿಯನ್ನು ತೋರಿಸುತ್ತದೆ 4. ಅದೇ ಲಿಂಕ್ ಮಾಡದಿದ್ದರೆ, ಪಾವತಿ ಆಯ್ಕೆಯನ್ನು ಹೈಲೈಟ್ ಮಾಡಲಾಗುತ್ತದೆ 5. ಸೂಚಿಸಲಾದ ಯಾವುದೇ ವಿಧಾನಗಳ ಮೂಲಕ ರೂ.1000 ಪಾವತಿ ಮಾಡಲು ಹಂತಗಳನ್ನು ಅನುಸರಿಸಿ 6. ಯಶಸ್ವಿ ಪಾವತಿಯ ನಂತರ, ಸ್ವಲ್ಪ ಸಮಯ ಅಂದರೆ ಸುಮಾರು ಅರ್ಧ ಗಂಟೆ ಕಾಯಿರಿ ಇದರಿಂದ ಚಲನ್ ಅನ್ನು sysment ನಲ್ಲಿ ನವೀಕರಿಸಲಾಗುತ್ತದೆ. 7. ಮೇಲಿನ ಪ್ರಕ್ರಿಯೆಯನ್ನು ಪುನರಾವರ್ತಿಸಿ ಅಂದರೆ ಮೇಲೆ ನೀಡಿರುವ ಲಿಂಕ್ಗೆ ಹೋಗಿ ಮತ್ತು ವಿವರಗಳನ್ನು ನಮೂದಿಸಿ 8. ನವೀಕರಿಸಿದ ಚಲನ್ ಅನ್ನು ತೋರಿಸಲಾಗುತ್ತದೆ ಮತ್ತು ಸಿಸ್ಟಮ್ ಆಧಾರ್ ಪ್ರಕಾರ ಹೆಸರನ್ನು ಕೇಳುತ್ತದೆ 9. ಯಶಸ್ವಿ ಪ್ರವೇಶದ ನಂತರ, PAN ಆಧಾರ್ ಲಿಂಕ್ ಮಾಡುವ ವಿನಂತಿಯನ್ನು ಸಲ್ಲಿಸಲಾಗುತ್ತದೆ 10. ನೀವು 1 ಕೆಲಸದ ದಿನದ ನಂತರ ಲಿಂಕ್ ಮಾಡುವ ಸ್ಥಿತಿಯನ್ನು ಇಲ್ಲಿ ಪರಿಶೀಲಿಸಬಹುದು https://eportal.incometax.gov.in/iec/foservices/#/pre-login/link-aadhaar-status 11. PAN ಮತ್ತು ಆಧಾರ್ ಪ್ರಕಾರ ಹೆಸರು ಅಥವಾ ಜನ್ಮ ದಿನಾಂಕದಲ್ಲಿ ಯಾವುದೇ ಹೊಂದಾಣಿಕೆಯಿಲ್ಲದಿದ್ದರೆ, ಅದನ್ನು ಮೊಬೈಲ್ ಸಂಖ್ಯೆ. ನಲ್ಲಿ ತಿಳಿಸಲಾಗುತ್ತದೆ Pan Aadhar Linking Errors PAN (Permanent Account Number) and Aadhaar are two important identification documents for Indian citizens. Linking these two documents is mandatory as per the government's directive to eliminate duplicates and ensure transparency. However, there may be instances where you encounter error codes while trying to link your PAN and Aadhaar. In this article, we will discuss the various error codes that may be encountered and their solutions. Error Code 1: Incorrect PAN or Aadhaar Number This error code occurs when the PAN or Aadhaar number entered is incorrect or does not match with the records of the respective authority. To resolve this error, you need to check the number entered and verify it with the original document. If the number entered is incorrect, you can correct it and try again. If the number is correct, you may need to contact the respective authority's helpline or customer support for assistance. Error Code 2: Name Mismatch This error code occurs when the name entered while linking PAN and Aadhaar does not match with the name registered with the respective authority. This error is usually encountered when there are minor variations in the name, such as initials or spelling mistakes. To resolve this error, you need to check the name entered and verify it with the original document. If the name is incorrect, you can correct it and try again. If the name is correct, you can update your name in either PAN or Aadhaar to match the other and then try again. Error Code 3: Invalid Details This error code occurs when the personal details entered while linking PAN and Aadhaar are incorrect or incomplete. To resolve this error, you need to check the details entered and verify them with the original document. If the details entered are incorrect or incomplete, you can correct them and try again. Error Code 4: Technical Error This error code occurs due to technical issues while linking PAN and Aadhaar. To resolve this error, you may need to wait for some time and try again later. You can also try linking your PAN and Aadhaar through different modes such as SMS, online or offline modes. In case you are unable to resolve the error codes encountered while linking PAN and Aadhaar, you can contact the respective authority's helpline or customer support for assistance. It is important to ensure that your PAN and Aadhaar are linked to avoid any penalties or fines imposed by the government. The linking of PAN and Aadhaar also makes it easier for taxpayers to file their income tax returns . In conclusion, linking PAN and Aadhaar is a crucial process for every Indian citizen, and it is important to ensure that the linking process is error-free. By following the steps mentioned above, you can easily resolve the error codes encountered while linking PAN and Aadhaar. Frequently asked questions General1 General2 General3 General4 General5 General6 General7 ಕಾಂಪ್-ಕೆಂಬ್ಲಿ9 ಕೆ General9 General Getting Started and Using Magicc Tax Privacy and Security Technical Accounts and Billing Additional FAQs ಯಾವ ITR ನನಗೆ ಉತ್ತಮವಾಗಿದೆ? ಇಲ್ಲಿ ಸಣ್ಣ ರಸಪ್ರಶ್ನೆಯನ್ನು ತೆಗೆದುಕೊಳ್ಳುವ ಮೂಲಕ ನಿಮಗೆ ಯಾವ ITR ಉತ್ತಮವಾಗಿದೆ ಎಂದು ತಿಳಿಯಬಹುದು ➡ ಇಲ್ಲದಿದ್ದರೆ, ಈ ವಿಷಯದ ಕುರಿತು ನಮ್ಮ ಲೇಖನವನ್ನು ನೀವು ಓದಬಹುದು ಇಲ್ಲಿ ಆನ್ಲೈನ್ ಇಂಡಿಯಾ ತೆರಿಗೆ ಫೈಲಿಂಗ್ಗಳು ಸುರಕ್ಷಿತವೇ? ಹೌದು! ಖಂಡಿತವಾಗಿ! ನಾವು! 1. ನಿಮ್ಮ ಡೇಟಾ ನಿಮ್ಮದಾಗಿದೆ! ಆದ್ದರಿಂದ, ಇದನ್ನು ನಮ್ಮ ಸುರಕ್ಷಿತ ತಂಡ 2. ಪಾವತಿ ವಿಧಾನವನ್ನು ಸಂಪೂರ್ಣವಾಗಿ ಸುರಕ್ಷಿತಗೊಳಿಸಲಾಗಿದೆ ಮತ್ತು ಭಾರತದ ನಂ. 1 ಪಾವತಿ ಗೇಟ್ವೇ ಮೂಲಕ ನಿರ್ವಹಿಸಲಾಗಿದೆ: Razorpay! 3. ನಮ್ಮ ವೆಬ್ಸೈಟ್ 100% SSL ಸುರಕ್ಷಿತವಾಗಿದೆ. ಹ್ಯಾಕರ್ಗಳಿಲ್ಲ, ಚಿಂತಿಸಬೇಡಿ! ನನ್ನ ಐಟಿ ರಿಟರ್ನ್ ಅನ್ನು ಯಾರು ಸಲ್ಲಿಸುತ್ತಾರೆ? ನಿಮ್ಮ ITR ಅನ್ನು 20 ವರ್ಷಗಳ ಅನುಭವ ಹೊಂದಿರುವ ತೆರಿಗೆ ತಜ್ಞರು ಸಲ್ಲಿಸಿದ್ದಾರೆ! ಫಾರ್ಮ್ 16 ಎಂದರೇನು? ಆದಾಯ ತೆರಿಗೆ ಕಾಯ್ದೆಯ ಅಡಿಯಲ್ಲಿ ಎಲ್ಲಾ ಅರ್ಹವಾದ ಕಡಿತಗಳ ನಂತರ ಅವರ ಒಟ್ಟು ಆದಾಯವು ತೆರಿಗೆಗೆ ವಿಧಿಸಲಾಗದ ಗರಿಷ್ಠ ಮೊತ್ತವನ್ನು ಮೀರುವ ಪ್ರತಿಯೊಬ್ಬ ಸಂಬಳದ ಉದ್ಯೋಗಿಯು ಅವರ ಅರ್ಹ ತೆರಿಗೆ ಸ್ಲ್ಯಾಬ್ಗಳ ಪ್ರಕಾರ ಅವರ ತೆರಿಗೆಯನ್ನು ಅವರ ಉದ್ಯೋಗದಾತರಿಂದ ಕಡಿತಗೊಳಿಸಬೇಕಾಗುತ್ತದೆ. ಹೀಗಾಗಿ ಉದ್ಯೋಗದಾತನು ತೆರಿಗೆಗೆ ವಿಧಿಸಬಹುದಾದ ಒಟ್ಟು ಆದಾಯವನ್ನು ಹೊಂದಿರುವ ಪ್ರತಿಯೊಬ್ಬ ಉದ್ಯೋಗಿಯ ಆದಾಯದಿಂದ ಮೂಲದಲ್ಲಿ ತೆರಿಗೆಯನ್ನು ಕಡಿತಗೊಳಿಸಬೇಕು ಮತ್ತು ಸರ್ಕಾರಕ್ಕೆ ಕಡಿತಗೊಳಿಸಲಾದ TDS ಅನ್ನು ಠೇವಣಿ ಮಾಡಬೇಕಾಗುತ್ತದೆ. ಖಾತೆ. ಪ್ರತಿ ಉದ್ಯೋಗದಾತರು ಹಣಕಾಸು ವರ್ಷದ ಕೊನೆಯಲ್ಲಿ ಸಂಬಳದ TDS ರಿಟರ್ನ್ ಅನ್ನು ಸಲ್ಲಿಸಬೇಕು ಮತ್ತು TDS ಅನ್ನು ಮೂಲದಲ್ಲಿ ಕಡಿತಗೊಳಿಸಿರುವ ಪ್ರತಿಯೊಬ್ಬ ಉದ್ಯೋಗಿಗೆ ಫಾರ್ಮ್ 16 ಅನ್ನು ಒದಗಿಸಬೇಕು. ಹೆಚ್ಚಿನ ವಿವರಗಳಿಗಾಗಿ ಇದನ್ನು ಪರಿಶೀಲಿಸಿ ➡
- e-File your Income Tax Return for Asst. Yr. 2024-25 | Karr Tax
File your ITR for the Asst. Yr. 2024-25 (F. Yr. 2023-24) with Karr Tax's tax experts. Karr Tax is the Number 1 ITR Filing service provider in India. File your Income Tax Return with our Tax Experts. Taxes can be confusing. Our Tax Experts handle it all, so that you don't have to. Connect with a Tax Expert Get Started Whatever be your income source, we've got you covered :) ITR - 1 ITR-1 sahaj form is applicable for individuals/HUF having income from salary, one house property and other sources. Learn more ITR - 2 ITR-2 form is applicable for individuals/huf having salary income, more than one house property income, capital gains etc. Learn more ITR - 3 ITR-3 is applicable for individuals/huf having income from business/profession including partners of any firm. Learn more ITR - 4 ITR-4 is applicable for individuals/HUF declaring income on presumptive basis I.E. U/s 44ad, ae,af etc. Learn more ITR - 5 ITR - 5 is applicable for firms, AOP, BOI etc. Learn more ITR - 6 ITR-6 is applicable for companies - Private Limited And Public Limited. Learn more ITR - 7 Itr-7 is applicable for persons who are required to file return u/s 139(4) i.e. Trusts, societies, political parties, local authorities etc. Learn more Why choose Karr Tax ? Save Taxes. Our Tax Experts ensure to inform you of the ways to save maximum taxes. More money for you! Payment after Filing. We believe that customer trust and satisfaction are important . This is the reason we at Karr Tax take 100% payment after your ITR has been successfully filed! 100% Satisfaction Expert Assisted. Your ITR is being filed by Tax Experts who have experience of more than 20 years! So no worries to you! Learn Taxes like a PRO. ಆದಾಯ ತೆರಿಗೆ ಕಲಿಯಿರಿ ಇಲ್ಲಿ ನಮ್ಮ ಕಲಿಕಾ ಕೇಂದ್ರದಲ್ಲಿ ನಾವು ಸಂಪೂರ್ಣ ಆದಾಯ ತೆರಿಗೆಯನ್ನು ವಿವಿಧ ಉಪ-ವರ್ಗಗಳಾಗಿ ವಿಂಗಡಿಸಿದ್ದೇವೆ ಮತ್ತು ದೈನಂದಿನ ಜೀವನದಲ್ಲಿ ಪ್ರಸ್ತುತವಾಗಿರುವ ವಿಷಯಗಳನ್ನು ಸಂಗ್ರಹಿಸಿದ್ದೇವೆ. ನೀವು ಇಷ್ಟಪಡುವ ವಿಷಯದ ಮೂಲಕ ಬ್ರೌಸ್ ಮಾಡಬಹುದು ಮತ್ತು ಅಗತ್ಯವಿರುವ ಮಾಹಿತಿಯನ್ನು ಸುಲಭವಾಗಿ ಅರ್ಥಮಾಡಿಕೊಳ್ಳಲು ಭಾಷೆಯಲ್ಲಿ ಪಡೆಯಬಹುದು. ನಮ್ಮ ವಿಷಯಗಳು ಮತ್ತು ವರ್ಗಗಳ ಪಟ್ಟಿಗೆ ನಾವು ಹೊಸ ಮತ್ತು ಇತ್ತೀಚಿನ ನವೀಕರಣಗಳನ್ನು ಸೇರಿಸುತ್ತಲೇ ಇರುತ್ತೇವೆ. Start your Tax Learning Journey Frequently asked questions General1 General2 General3 General4 General5 General6 General7 ಕಾಂಪ್-ಕೆಂಬ್ಲಿ9 ಕೆ General9 General Getting Started and Using Magicc Tax Privacy and Security Technical Accounts and Billing Additional FAQs ಯಾವ ITR ನನಗೆ ಉತ್ತಮವಾಗಿದೆ? ಇಲ್ಲಿ ಸಣ್ಣ ರಸಪ್ರಶ್ನೆಯನ್ನು ತೆಗೆದುಕೊಳ್ಳುವ ಮೂಲಕ ನಿಮಗೆ ಯಾವ ITR ಉತ್ತಮವಾಗಿದೆ ಎಂದು ತಿಳಿಯಬಹುದು ➡ ಇಲ್ಲದಿದ್ದರೆ, ಈ ವಿಷಯದ ಕುರಿತು ನಮ್ಮ ಲೇಖನವನ್ನು ನೀವು ಓದಬಹುದು ಇಲ್ಲಿ ಆನ್ಲೈನ್ ಇಂಡಿಯಾ ತೆರಿಗೆ ಫೈಲಿಂಗ್ಗಳು ಸುರಕ್ಷಿತವೇ? ಹೌದು! ಖಂಡಿತವಾಗಿ! ನಾವು! 1. ನಿಮ್ಮ ಡೇಟಾ ನಿಮ್ಮದಾಗಿದೆ! ಆದ್ದರಿಂದ, ಇದನ್ನು ನಮ್ಮ ಸುರಕ್ಷಿತ ತಂಡ 2. ಪಾವತಿ ವಿಧಾನವನ್ನು ಸಂಪೂರ್ಣವಾಗಿ ಸುರಕ್ಷಿತಗೊಳಿಸಲಾಗಿದೆ ಮತ್ತು ಭಾರತದ ನಂ. 1 ಪಾವತಿ ಗೇಟ್ವೇ ಮೂಲಕ ನಿರ್ವಹಿಸಲಾಗಿದೆ: Razorpay! 3. ನಮ್ಮ ವೆಬ್ಸೈಟ್ 100% SSL ಸುರಕ್ಷಿತವಾಗಿದೆ. ಹ್ಯಾಕರ್ಗಳಿಲ್ಲ, ಚಿಂತಿಸಬೇಡಿ! ನನ್ನ ಐಟಿ ರಿಟರ್ನ್ ಅನ್ನು ಯಾರು ಸಲ್ಲಿಸುತ್ತಾರೆ? ನಿಮ್ಮ ITR ಅನ್ನು 20 ವರ್ಷಗಳ ಅನುಭವ ಹೊಂದಿರುವ ತೆರಿಗೆ ತಜ್ಞರು ಸಲ್ಲಿಸಿದ್ದಾರೆ! ಫಾರ್ಮ್ 16 ಎಂದರೇನು? ಆದಾಯ ತೆರಿಗೆ ಕಾಯ್ದೆಯ ಅಡಿಯಲ್ಲಿ ಎಲ್ಲಾ ಅರ್ಹವಾದ ಕಡಿತಗಳ ನಂತರ ಅವರ ಒಟ್ಟು ಆದಾಯವು ತೆರಿಗೆಗೆ ವಿಧಿಸಲಾಗದ ಗರಿಷ್ಠ ಮೊತ್ತವನ್ನು ಮೀರುವ ಪ್ರತಿಯೊಬ್ಬ ಸಂಬಳದ ಉದ್ಯೋಗಿಯು ಅವರ ಅರ್ಹ ತೆರಿಗೆ ಸ್ಲ್ಯಾಬ್ಗಳ ಪ್ರಕಾರ ಅವರ ತೆರಿಗೆಯನ್ನು ಅವರ ಉದ್ಯೋಗದಾತರಿಂದ ಕಡಿತಗೊಳಿಸಬೇಕಾಗುತ್ತದೆ. ಹೀಗಾಗಿ ಉದ್ಯೋಗದಾತನು ತೆರಿಗೆಗೆ ವಿಧಿಸಬಹುದಾದ ಒಟ್ಟು ಆದಾಯವನ್ನು ಹೊಂದಿರುವ ಪ್ರತಿಯೊಬ್ಬ ಉದ್ಯೋಗಿಯ ಆದಾಯದಿಂದ ಮೂಲದಲ್ಲಿ ತೆರಿಗೆಯನ್ನು ಕಡಿತಗೊಳಿಸಬೇಕು ಮತ್ತು ಸರ್ಕಾರಕ್ಕೆ ಕಡಿತಗೊಳಿಸಲಾದ TDS ಅನ್ನು ಠೇವಣಿ ಮಾಡಬೇಕಾಗುತ್ತದೆ. ಖಾತೆ. ಪ್ರತಿ ಉದ್ಯೋಗದಾತರು ಹಣಕಾಸು ವರ್ಷದ ಕೊನೆಯಲ್ಲಿ ಸಂಬಳದ TDS ರಿಟರ್ನ್ ಅನ್ನು ಸಲ್ಲಿಸಬೇಕು ಮತ್ತು TDS ಅನ್ನು ಮೂಲದಲ್ಲಿ ಕಡಿತಗೊಳಿಸಿರುವ ಪ್ರತಿಯೊಬ್ಬ ಉದ್ಯೋಗಿಗೆ ಫಾರ್ಮ್ 16 ಅನ್ನು ಒದಗಿಸಬೇಕು. ಹೆಚ್ಚಿನ ವಿವರಗಳಿಗಾಗಿ ಇದನ್ನು ಪರಿಶೀಲಿಸಿ ➡ Frequently Asked Questions (FAQs) Income Tax India efiling Services Experience the convenience of income tax e filing in India with our expert services. 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GST Return Filings: Price List ಜಿಎಸ್ಟಿ ರಿಟರ್ನ್ ಫೈಲಿಂಗ್ ಸೇವೆಗಳು ನಿಮಗೆ ಸೂಕ್ತವಾದದನ್ನು ಆರಿಸಿ ಯೋಜನೆಯನ್ನು ಆರಿಸಿ ಯೋಜನೆಯನ್ನು ಆರಿಸಿ ಯೋಜನೆಯನ್ನು ಆರಿಸಿ ಯೋಜನೆಯನ್ನು ಆರಿಸಿ 5 ಕೋಟಿಗಿಂತ ಹೆಚ್ಚಿನ ವಹಿವಾಟಿಗೆ GST Return Filings: Price List ಯೋಜನೆಯನ್ನು ಆರಿಸಿ ಜಿಎಸ್ಟಿ ರಿಟರ್ನ್ ಫೈಲಿಂಗ್ಸ್ ಬಗ್ಗೆ ಎಲ್ಲಾ What Is a GST Return? ಜುಲೈ 1, 2017 ರಿಂದ ಭಾರತದಲ್ಲಿ ಜಿಎಸ್ಟಿ ಅನ್ವಯವಾಗುತ್ತದೆ. ಅಂದಿನಿಂದ ಜಿಎಸ್ಟಿ ರಿಟರ್ನ್ ಫೈಲಿಂಗ್ ಪ್ರಕ್ರಿಯೆಗಳು, ಸ್ವರೂಪಗಳು, ನಿಗದಿತ ದಿನಾಂಕಗಳು ಇತ್ಯಾದಿಗಳಲ್ಲಿ ಹಲವು ಬದಲಾವಣೆಗಳಾಗಿವೆ. ನಿಯಮಿತ ಜಿಎಸ್ಟಿ ನೋಂದಾಯಿತ ವ್ಯಕ್ತಿಗಳಿಗಾಗಿ ಪ್ರಸ್ತುತ, ಪ್ರತಿ ಸಾಮಾನ್ಯ ಜಿಎಸ್ಟಿ ನೋಂದಾಯಿತ ವ್ಯಕ್ತಿಯಿಂದ ಎರಡು ಮುಖ್ಯ ರಿಟರ್ನ್ಸ್ ಸಲ್ಲಿಸಬೇಕಾಗುತ್ತದೆ. ಅವುಗಳೆಂದರೆ: ಜಿಎಸ್ಟಿಆರ್ 3 ಬಿ - ಮಾಸಿಕ ಜಿಎಸ್ಟಿ ರಿಟರ್ನ್ ಜಿಎಸ್ಟಿಆರ್ -3 ಬಿ ನಿರ್ದಿಷ್ಟ ತಿಂಗಳ ಮಾರಾಟ ಮತ್ತು ಇನ್ಪುಟ್ ಟ್ಯಾಕ್ಸ್ ಕ್ರೆಡಿಟ್ನ ಸಾರಾಂಶವಾಗಿದೆ ಮತ್ತು ಈ ರಿಟರ್ನ್ ಸಲ್ಲಿಸುವ ಜೊತೆಗೆ ಜಿಎಸ್ಟಿ ಪಾವತಿಯನ್ನು ಸಹ ಮಾಡಬೇಕಾಗಿದೆ. ಇದು ಪ್ರತಿ ತಿಂಗಳು ಘೋಷಿಸಬೇಕಾದ ನಿರ್ದಿಷ್ಟ ತಿಂಗಳ ಮಾರಾಟ ಮತ್ತು ಇನ್ಪುಟ್ ತೆರಿಗೆ ಕ್ರೆಡಿಟ್ನ ಸಾರಾಂಶದ ಆದಾಯವಾಗಿದೆ. ಈ ಘೋಷಣೆಯ ಆಧಾರದ ಮೇಲೆ, ನಿವ್ವಳ ತೆರಿಗೆ ಹೊಣೆಗಾರಿಕೆಯನ್ನು ಲೆಕ್ಕಹಾಕಲಾಗುತ್ತದೆ ಮತ್ತು ಪ್ರತಿ ತಿಂಗಳು ಪಾವತಿಸಬೇಕಾಗುತ್ತದೆ ಅಥವಾ ಹೆಚ್ಚಿನ ಇನ್ಪುಟ್ ತೆರಿಗೆ ಕ್ರೆಡಿಟ್ ಇದ್ದರೆ ಅದನ್ನು ಮುಂದಿನ ತಿಂಗಳುಗಳಲ್ಲಿ ಸರಿಹೊಂದಿಸಲು ಮುಂದಕ್ಕೆ ಸಾಗಿಸಲಾಗುತ್ತದೆ. ಇನ್ಪುಟ್ ಟ್ಯಾಕ್ಸ್ ಕ್ರೆಡಿಟ್ ಜಿಎಸ್ಟಿ ಫಾರ್ಮ್ 2 ಎ ಯಲ್ಲಿ ಸ್ವಯಂಚಾಲಿತವಾಗಿ ಜನಸಂಖ್ಯೆ ಹೊಂದಿದೆ, ಇದು ಆನ್ಲೈನ್ನಲ್ಲಿ ಲಭ್ಯವಿದೆ. 3 ಬಿ ಫಾರ್ಮ್ ಅನ್ನು ಸಲ್ಲಿಸುವ ಮೊದಲು ತೆರಿಗೆದಾರರು ಅದರ ಇನ್ಪುಟ್ ಟ್ಯಾಕ್ಸ್ ಕ್ರೆಡಿಟ್ ಅನ್ನು ಹೊಂದಾಣಿಕೆ ಮಾಡಿಕೊಳ್ಳಬೇಕು ಆದ್ದರಿಂದ 3 ಬಿ ರಿಟರ್ನ್ ಸಲ್ಲಿಸುವ ಮೊದಲು ಇನ್ಪುಟ್ ಟ್ಯಾಕ್ಸ್ ಕ್ರೆಡಿಟ್ ಹೊಂದಿಕೆಯಾಗುತ್ತದೆ. ಈಗ ಸರ್ಕಾರ ಇನ್ಪುಟ್ ಟ್ಯಾಕ್ಸ್ ಕ್ರೆಡಿಟ್ ವ್ಯತ್ಯಾಸವನ್ನು ಫಾರ್ಮ್ 2 ಎ ಯಲ್ಲಿ ಲಭ್ಯವಿರುವ 10% ಕ್ಕಿಂತ ಹೆಚ್ಚಿಲ್ಲ ಎಂದು ನಿರ್ಬಂಧಿಸಿದೆ. ಆದ್ದರಿಂದ ತೆರಿಗೆದಾರನು ಈಗ ತನ್ನ ಇನ್ಪುಟ್ ಟ್ಯಾಕ್ಸ್ ಕ್ರೆಡಿಟ್ ಅನ್ನು ಜಿಎಸ್ಟಿಆರ್ -2 ಎ ಯಲ್ಲಿ ಲಭ್ಯವಿರುವ 10% ವರೆಗೆ ನಿರ್ಬಂಧಿಸಬೇಕಾಗುತ್ತದೆ ಮತ್ತು ಅದಕ್ಕಿಂತ ಹೆಚ್ಚಿನ ಲಾಭವನ್ನು ನಿಷೇಧಿಸಲಾಗಿದೆ. ನಿಗದಿತ ದಿನಾಂಕದಂದು ಅಥವಾ ಮೊದಲು ಮಾಸಿಕ ಸಲ್ಲಿಸಬೇಕಾದ ಈ ರಿಟರ್ನ್ (ನಿಗದಿತ ದಿನಾಂಕ ಮುಂದಿನ ತಿಂಗಳು 20 ಆದರೆ ದೇಶದ ಜನಸಂಖ್ಯಾಶಾಸ್ತ್ರದ ಆಧಾರದ ಮೇಲೆ ಇತ್ತೀಚೆಗೆ ಅದೇ ರೀತಿ ಸ್ಥಗಿತಗೊಂಡಿದೆ, ಅಂದರೆ ವಿವಿಧ ವರ್ಗದ ತೆರಿಗೆದಾರರಿಗೆ ಇದು 20, 22 ಮತ್ತು 24 ನೇ ಸ್ಥಾನದಲ್ಲಿದೆ) ನಮ್ಮ ಜ್ಞಾನ ವಿಭಾಗದಲ್ಲಿ ನೀವು ಇದರ ಬಗ್ಗೆ ಇನ್ನಷ್ಟು ತಿಳಿದುಕೊಳ್ಳಬಹುದು. 2. ಜಿಎಸ್ಟಿಆರ್ 1 [ಮಾಸಿಕ ಮಾರಾಟ ವಿವರಗಳು ಬಿ 2 ಬಿ ಮತ್ತು ಬಿ 2 ಸಿ] ಜಿಎಸ್ಟಿಆರ್ 1 ಬಿ 2 ಬಿ ಮತ್ತು ಬಿ 2 ಸಿ ಬುದ್ಧಿವಂತ ನಿರ್ದಿಷ್ಟ ತಿಂಗಳು / ತ್ರೈಮಾಸಿಕದ ಮಾರಾಟದ ವಿವರವಾದ ವರದಿಯಾಗಿದೆ. ಈ ಆದಾಯದ ಆಧಾರದ ಮೇಲೆ, ಇನ್ಪುಟ್ ಟ್ಯಾಕ್ಸ್ ಕ್ರೆಡಿಟ್ ಅನ್ನು ಸರಬರಾಜುದಾರರಿಗೆ ಅನುಮತಿಸಲಾಗಿದೆ. ಈ ಪ್ರತಿಯಾಗಿ, ಇತರ ವಿತರಕರಿಗೆ ಮಾಡಿದ ಎಲ್ಲಾ ಮಾರಾಟಗಳ ಸಂಪೂರ್ಣ ವಿವರಗಳು, ಅಂದರೆ ಬಿ 2 ಬಿ ಮಾರಾಟವು ಇನ್ವಾಯ್ಸ್ ಬುದ್ಧಿವಂತಿಕೆಯಿಂದ ಒದಗಿಸಬೇಕಾಗಿದೆ, ಅಂದರೆ ಪ್ರತಿಯೊಂದು ಇನ್ವಾಯ್ಸ್ ವಿವರಗಳನ್ನು ಈ ರಿಟರ್ನ್ನ ಬಿ 2 ಬಿ ವಿಭಾಗದಲ್ಲಿ ನಮೂದಿಸಬೇಕು ಇದರಿಂದ ಖರೀದಿ ವ್ಯಾಪಾರಿ ಡೇಟಾದ ಮೇಲೆ ಇನ್ಪುಟ್ ಕ್ರೆಡಿಟ್ ಪಡೆಯುತ್ತಾನೆ ಮಾರಾಟಗಾರರಿಂದ ಆಹಾರ. ವಿತರಕರಿಗೆ ನೀಡುವ ಕ್ರೆಡಿಟ್ / ಡೆಬಿಟ್ ನೋಟುಗಳನ್ನು ಸಹ ನಮೂದಿಸಬೇಕು. ಅಂತಿಮ ಗ್ರಾಹಕರಿಗೆ ಅಂದರೆ ಬಿ 2 ಸಿ ಮಾರಾಟಕ್ಕೆ ಮಾಡಿದ ಮಾರಾಟದ ಸಂದರ್ಭದಲ್ಲಿ, ಜಿಎಸ್ಟಿ ಪರ್ಕಾಂಟೇಜ್ ಆಧಾರದ ಮೇಲೆ ಮಾಡಿದ ಮಾರಾಟದ ಸಾರಾಂಶವನ್ನು ನಮೂದಿಸಬೇಕಾಗುತ್ತದೆ ಮತ್ತು ಬಿಲ್ ಬುದ್ಧಿವಂತ ಮಾರಾಟದ ಅಗತ್ಯವಿಲ್ಲ. ವಿತರಕರು 5 ಕೋಟಿ ರೂ.ಗಿಂತ ಹೆಚ್ಚಿನ ವಹಿವಾಟು ಹೊಂದಿದ್ದರೆ. ಮಾಡಿದ ಮಾರಾಟದ ಎಚ್ಎಸ್ಎನ್ ಬುದ್ಧಿವಂತ ಸಾರಾಂಶವನ್ನು ಆಯಾ ವಿಭಾಗದಲ್ಲಿ ನಮೂದಿಸಬೇಕು. ಹಿಂದಿನ ಆದಾಯದಲ್ಲಿ ಯಾವುದೇ ದೋಷ / ತಪ್ಪು ಅಥವಾ ಹೊರಸೂಸುವಿಕೆಯನ್ನು ಈ ರಿಟರ್ನ್ನಲ್ಲಿ ಸರಿಪಡಿಸಬಹುದು ಏಕೆಂದರೆ ಬಿ 2 ಬಿ ಮತ್ತು ಬಿ 2 ಸಿ ಮಾರಾಟದಲ್ಲಿ ತಿದ್ದುಪಡಿಗಳಿಗಾಗಿ ಪ್ರತ್ಯೇಕ ಕಾಲಮ್ಗಳನ್ನು ನೀಡಲಾಗಿದೆ. ಮುಂದಿನ ವರ್ಷದ ಸೆಪ್ಟೆಂಬರ್ ತಿಂಗಳು ಹಿಂದಿರುಗುವ ಮೊದಲು ಯಾವುದೇ ಸಮಯದಲ್ಲಿ ತಿದ್ದುಪಡಿಗಳನ್ನು ಮಾಡಬಹುದು. ಈ ರಿಟರ್ನ್ ಅನ್ನು ದೊಡ್ಡ ತೆರಿಗೆದಾರರಿಗೆ ಮಾಸಿಕ ಸಲ್ಲಿಸಬೇಕು, ಅಂದರೆ ತೆರಿಗೆ ಪಾವತಿದಾರರಿಗೆ ರೂ. 1.5 ಸಿ. ಹಣಕಾಸು ವರ್ಷದಲ್ಲಿ. ರೂ .1.5 ಸಿಆರ್ಗಿಂತ ಕಡಿಮೆ ವಹಿವಾಟು ಹೊಂದಿರುವ ತೆರಿಗೆದಾರರಿಗೆ, ಜಿಎಸ್ಟಿಆರ್ -1 ರಿಟರ್ನ್ ಫೈಲಿಂಗ್ ತ್ರೈಮಾಸಿಕ ಆಧಾರದಲ್ಲಿದೆ. ನಿಗದಿತ ದಿನಾಂಕಗಳಿಗಾಗಿ, ದಯವಿಟ್ಟು ನಮ್ಮ ಜ್ಞಾನ ವಿಭಾಗವನ್ನು ನೋಡಿ. ಸಂಯೋಜನೆ ಯೋಜನೆ ನೋಂದಾಯಿತ ವ್ಯಕ್ತಿಗಳಿಗಾಗಿ ಸಂಯೋಜನೆ ಯೋಜನೆಯಡಿ ನೋಂದಾಯಿಸಲ್ಪಟ್ಟ ಎಲ್ಲ ವ್ಯಕ್ತಿಗಳು ಪ್ರತಿ ತ್ರೈಮಾಸಿಕದಲ್ಲಿ ಜಿಎಸ್ಟಿ ಕಾಮನ್ ಪೋರ್ಟಲ್ ಮೂಲಕ ಫಾರ್ಮ್ COMP-8 ಅನ್ನು ಸಲ್ಲಿಸಬೇಕಾಗುತ್ತದೆ, ಇದು ತ್ರೈಮಾಸಿಕದ ಮುಂದಿನ ತಿಂಗಳ 18 ರಂದು ಬರಲಿದೆ. ಹಣಕಾಸು ವರ್ಷದ ಕೊನೆಯಲ್ಲಿ, ಈ ಸಂಯೋಜನೆ ವಿತರಕರು ವಾರ್ಷಿಕ ಆಧಾರದ ಮೇಲೆ ಜಿಎಸ್ಟಿಆರ್ -4 ಅನ್ನು ಸಹ ಸಲ್ಲಿಸಬೇಕಾಗುತ್ತದೆ. Why GST Return Filed & Who Is Eligible For its Filing? The primary purpose of filing GST returns is to report the amount of GST collected (output tax) on sales and the amount of GST paid (input tax) on purchases. This reporting allows tax authorities to determine the financial liability of a business or individual to the government. GST return needs to be filed in the below cases. If a person already holds a valid GST Identification Number (GSTIN) . Individuals or businesses with an annual turnover exceeding ₹ 20 lakh (for services supply) and ₹ 40 lakh (for the supply of goods). The threshold limit for GST registration in states such as Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Tripura, and Sikkim is ₹ 20 lakhs (for the supply of goods) and ₹ 10 lakhs (for the supply of services). However, it is important to note that GST regulations may vary by region or state over time. That’s why it is important to stay updated with the latest information according to your location. Types of GST Returns & Due Dates To File Them Process For Online GST Return Filing Here's the step-by-step process for online GST return filing. 1) Visit the official GST portal, i.e. https://www.gst.gov.in . 2) Log in using your GSTIN ID and password. If you're a first-time user, you must undergo GST registration on the portal. 3) Look for the "Services" tab and select "Returns Dashboard." Choose the appropriate financial year for the GST return from the dropdown menu. 4) Choose the appropriate GST filing return form depending on your business type and turnover. (As explained above) 5) Select the return form, and you will be directed to the page where you are required to enter the relevant details. This may include transaction details, invoice numbers, GSTINs, of suppliers and recipients, and more. Use the online form to fill in the required information. 6) After filling, validate the data to check for errors or discrepancies and click the "Submit" button. 7) When the status shows "Submitted," click on "Payment of Tax." Use the "Check Balance" option to review your credit and cash balance. 8) Click "Offset Liability" to initiate the online GST payment. Check the relevant boxes for declaration, then choose either "File Form with DSC" or "File Form with EVC" to make the payment. It is worth noting that specific GST return forms may have additional steps or variations, so using KarrTax GST software for GST returns filing is suggested. Types of GSTR Forms ●GSTR 1 Registered taxable suppliers file this form with outward supply details of taxable goods and services. GSTR 1 includes the following key information: GSTIN & supplier’s legal name. Invoice details for all taxable supplies. Information about supplies to unregistered persons, consumers, and composition taxpayers. Exports and deemed exports details. Taxable supplies to consumers (B2C). Amendments to the previous month's data, if any. Details of advances received. Details of credit & debit notes issued during the tax period. ●GSTR-2 & GSTR-3 Currently, the GST filing of these two forms is suspended. ●GSTR-3B GSTR-3B is a monthly summary return that overviews the input tax credit (ITC) and taxpayer's tax liability for a particular month. It also includes information related to reverse charge liability (if applicable). ●GSTR 4 This form is for taxpayers who have taken the Composition Scheme under the GST filing regime. It is an alternative tax payment method for small businesses with a turnover of up to Rs.150 lakh. Taxpayers under this scheme can not avail the input tax credit facility and must provide the below information: Tax liability details, including tax payable. Summary of total outward supplies (sales). Any adjustment of advances received in previous quarters. ●GSTR 5 This form is filed by NRIs who conduct business transactions within the country. To do so, they are required to provide the below details. GSTIN of the non-resident taxable person, as provided upon registration. Legal name and business details Details of supplies, including invoices, credit notes, debit notes, and advances received. Summary of inward supplies, if any. Tax liability and payment details. Any adjustments to the GST payable based on amendments or corrections. ●GSTR 6 GSTR-6 is meant for Input Service Distributors (ISD). These are businesses or individuals that receive an input tax credit (ITC) on input services and distribute it to their various business locations. To fill out this form, an individual must provide the details below. GSTIN & legal name of the ISD. Details of input services received. Distribution of ITC to different business locations or units. Summary of ITC available, distributed, and ineligible for distribution. Any reversals of ITC. ●GSTR 7 This form is designed for Tax Deduction at Source (TDS) authorities. When a person or entity is required to deduct TDS, they must file GSTR-7 to report and pay the TDS amount deducted at the source. Here is the list of required details to fill out GSTR-7. Details of TDS deducted on various supplies. GSTIN and legal name of the deductee (the person or entity from whom TDS is deducted). Information about the invoices on which TDS is deducted. Amount of TDS deducted. Other relevant details required for TDS reporting. ●GSTR 8 The GSTR-8 form is filed by all e-commerce operators who collect tax at source under the GST rule. It reports the details of supplies made through the e-commerce platform and the amount of tax collected on these supplies. GSTIN & legal name of the e-commerce operator or tax collector. Details of supplies made through the platform, including invoices, credit notes, debit notes, and advances received. The amount of tax collected on these supplies. GSTIN and legal name of the supplier and recipient. Information about the supplies made to unregistered persons (B2C). Tax collected on behalf of the government. ●GSTR 9 It is filed by registered taxpayers to provide a comprehensive summary of their business transactions for the entire fiscal year. This return applies to regular taxpayers who are not under the Composition Scheme. ●GSTR 10 Taxable people or companies whose GST registration has been terminated or surrendered file GSTR-10. It is used to provide a summary of the taxpayer's final tax liability for the period from the start of the fiscal year until the date of cancellation. ●GSTR 11 GSTR-11 is filed by individuals or entities holding a Unique Identification Number (UIN) and claiming a refund of taxes paid on their purchases. It reports the details of inward supplies on which the UIN holder has paid taxes and is seeking a refund. Majorly this form includes the following details. UIN & name of the taxpayer. Details of the inward supplies on which taxes were paid. Any other relevant information required for refund processing. ●ITC-04 ITC-04 documents the transfer of goods or capital goods to a job worker and their subsequent return. This form records the movement of goods sent to job workers for further processing, manufacturing, or other work. It is also used to document the return of these goods to the principal manufacturer. ●CMP-08 This form is for taxpayers who have opted for the Composition Scheme. The tax rate for businesses under the Composition Scheme is typically lower than the standard GST rates. Here, taxpayers provide summarized details of their total sales, outward supplies, and tax payable for a specific quarter. Penalty For Late GST Return Filing If a taxpayer fails to submit their GST returns by the prescribed deadline, they are liable to pay a late fee. This fee for both the Central Goods and Services Tax (CGST) and State Goods and Services Tax (SGST) is set at ₹ 25 for each day of delay, amounting to a total of ₹ 50 per day. However, this amount can reach a maximum of up to ₹ 5000 per Act. For persons having NIL turnover, the penalty is Rs. 20 per day both for GSTR-3B & GSTR-1. Thus Rs.40 per day penalty is there for Nil turnover return filers if they do not file the return in time. Further, late filing of IGST returns does not attract late fees under the GST law. However, the taxpayer who files their returns after the due date may also be liable to pay interest at the rate of 18% per annum. Why Choose KarrTax For Online GST Return Filing KarrTax is your one-stop solution for all GST return filing services . With a team of experienced tax professionals and a user-friendly platform, we make the process of GST return filing hassle-free and efficient. We know that staying compliant with GST deadlines is crucial. Our platform will send you timely reminders well before the filing deadlines, helping you avoid penalties. This ensures that your returns are prepared precisely and filed on time. Contact us at https://www.karrtax.in/gst-return-filings , and we will streamline your financial processes and ensure that your business operates seamlessly within the law's bounds. Frequently Asked Questions (FAQs) Can I file a GST return on my own? Yes, you can file a GST return independently, but this is not an easy procedure and requires careful consideration. That’s why it is suggested to get help from experienced tax professionals. 2. How can I file a GST return online? Filing a GST return online involves several steps. So, Get in touch with KarrTax, and we will help you with all your requirements. 3. What are the consequences of non-compliance with GST return filing? Non-compliance with GST return filing can lead to penalties, interest charges, and even cancellation of your GST registration. 4. Can I revise a filed GST return? According to specific guidelines, there is no provision for revising GST return filing. However, corrections can be made in the subsequent return for the corresponding tax period if you have encountered any errors. 5. When are GST returns due to be filed? The due dates for filing GST returns vary depending on the return type and your turnover. 6. What are the various GST return types? There are distinct types of GST returns, such as GSTR-1 (outward supplies), GSTR-3B (summary return), GSTR-4 (composition dealer return), GSTR-9 (annual return), and more. The exact returns you need to file depend on your business type and GST registration.
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- GST No. search | Karr Tax
Explore the essential guide to GSTIN management, covering strategies, hacks, and tools for seamless compliance in the world of GST. ಜಿಎಸ್ಟಿ ಸಂಖ್ಯೆ ಹುಡುಕಾಟ / ಜಿಎಸ್ಟಿ ಚೆಕ್ ಹುಡುಕಿ Kannada I'm a paragraph. Click here to add your own text and edit me. It's easy. DETAILS Trade Name No Details Legal Name No Details Registration Status No Details No Details Cancellation Date No Details Registration Date No Details Entity Type No Details Place of Business (Address) No Details RECENT GST RETURNS Return Type FY Period Filing Date Return Type FY Period Filing Date Return Type HSN/SAC CODE No Details RETURN PERIODICITY No Details No BUSINESS ACTIVITIES No Details GSTIN ಎಂದರೇನು? ಪ್ರತಿ ತೆರಿಗೆ ಪಾವತಿದಾರನು ಜಿಎಸ್ಟಿ ಇಲಾಖೆಯಲ್ಲಿ ನೋಂದಣಿ ಪಡೆದಾಗ ಜಿಎಸ್ಟಿ ಸಂಖ್ಯೆ ಅಥವಾ ಜಿಎಸ್ಟಿಎನ್ (ಜಿಎಸ್ಟಿ ಗುರುತಿನ ಸಂಖ್ಯೆ) ನೀಡಲಾಗುತ್ತದೆ. ನೋಂದಣಿ ಸಂಖ್ಯೆ. ಒಂದು ಅನನ್ಯ ಗುರುತು ಸಂಖ್ಯೆ. ಪ್ರತಿ ತೆರಿಗೆ ಪಾವತಿದಾರರಿಗೆ ನೋಂದಣಿಗಾಗಿ ಅವರ ಅರ್ಜಿಯನ್ನು ಜಿಎಸ್ಟಿ ಇಲಾಖೆಯಿಂದ ಅನುಮೋದಿಸಿದಾಗ ಒದಗಿಸಲಾಗುತ್ತದೆ. ಪ್ರತಿ ಜಿಎಸ್ಟಿ ನಂನ ಕೆಲವು ವಿಶಿಷ್ಟ ಲಕ್ಷಣಗಳಿವೆ. ಅವು ಈ ಕೆಳಗಿನಂತಿವೆ: 08AAAAA0000A1Z5 - ಮಾದರಿ ಜಿಎಸ್ಟಿ ಸಂಖ್ಯೆ. 1. ಜಿಎಸ್ಟಿ ಸಂಖ್ಯೆ ಮೊದಲ ಎರಡು ಅಂಕೆಗಳು ರಾಜ್ಯ ಸಂಹಿತೆಯನ್ನು ಪ್ರತಿನಿಧಿಸುತ್ತವೆ. ಉದಾಹರಣೆಗೆ ಮೇಲಿನ ಮಾದರಿ ಸಂಖ್ಯೆ. 08 ರಾಜಸ್ಥಾನದ ರಾಜ್ಯ ಸಂಹಿತೆಯನ್ನು ಪ್ರತಿನಿಧಿಸುತ್ತದೆ. 2. ಮುಂದಿನ ಹತ್ತು ಅಂಕೆಗಳು ನೋಂದಾಯಿತ ತೆರಿಗೆದಾರರ ಪ್ಯಾನ್ ಅನ್ನು ಪ್ರತಿನಿಧಿಸುತ್ತವೆ. 3. ಮುಂದಿನ ಸಂಖ್ಯಾ ಅಂಕಿಯು ಇಲ್ಲ. ರಾಜ್ಯದಲ್ಲಿ ತೆರಿಗೆ ಪಾವತಿದಾರರು ತೆಗೆದುಕೊಂಡ ನೋಂದಣಿ. 1 ಅವರು ನಿರ್ದಿಷ್ಟ ರಾಜ್ಯದಲ್ಲಿ ಕೇವಲ ಒಂದು ನೋಂದಣಿಯನ್ನು ತೆಗೆದುಕೊಂಡಿದ್ದಾರೆ ಎಂದು ಸೂಚಿಸುತ್ತದೆ. 4. ಮುಂದಿನ ವರ್ಣಮಾಲೆ Z ಡ್ ಸ್ಥಿರ ವರ್ಣಮಾಲೆಯಾಗಿದೆ. 5. ಮೇಲಿನ ಸ್ಯಾಂಪಲ್ನಲ್ಲಿನ ಕೊನೆಯ ಅಂಕಿಯು 5 ಒಂದು ವಿಶಿಷ್ಟ ಅಂಕೆಗಳನ್ನು ಪ್ರತಿನಿಧಿಸುತ್ತದೆ, ಅದು ವಿಭಿನ್ನ ತೆರಿಗೆದಾರರಿಗೆ ಭಿನ್ನವಾಗಿರುತ್ತದೆ. ಈ ಕೆಳಗಿನ ಯಾವುದೇ ಆಯ್ಕೆಗಳ ಮೂಲಕ ಜಿಎಸ್ಟಿ ಸಂಖ್ಯೆಯನ್ನು ಜಿಎಸ್ಟಿ ಸೈಟ್ನಲ್ಲಿ ಹುಡುಕಬಹುದು: (1) ಜಿಎಸ್ಟಿಎನ್ ಮೂಲಕ ಅಂದರೆ ಜಿಎಸ್ಟಿ ನಂ ಜಿಎಸ್ಟಿ ಹುಡುಕಾಟ. (2) ಪ್ಯಾನ್ ಮೂಲಕ ಅಂದರೆ ಪ್ಯಾನ್ ಮೂಲಕ ಜಿಎಸ್ಟಿ ಹುಡುಕಾಟ (3) ಸಂಯೋಜನೆ ತೆರಿಗೆದಾರರನ್ನು ಹುಡುಕಿ ಜಿಎಸ್ಟಿ ಸೈಟ್ನ ಮುಖ್ಯ ಪುಟದಲ್ಲಿ ಅಂದರೆ www.gst.gov.in ನಲ್ಲಿ ಹುಡುಕಾಟ ತೆರಿಗೆ ಪಾವತಿದಾರರ ಅಡಿಯಲ್ಲಿ ಈ ಸೌಲಭ್ಯ ಲಭ್ಯವಿದೆ. ಮೇಲಿನ ಯಾವುದೇ ಕ್ಷೇತ್ರವನ್ನು ನೀವು ಇನ್ಪುಟ್ ಮಾಡಬಹುದು ಮತ್ತು ತೆರಿಗೆದಾರರ ವಿವರಗಳನ್ನು ಹುಡುಕಬಹುದು. ಆದಾಗ್ಯೂ ಹುಡುಕಾಟಕ್ಕೆ ಪ್ಯಾನ್ ಕಡ್ಡಾಯವಾಗಿದೆ. ಪ್ಯಾನ್ ಇಲ್ಲದೆ ನೀವು ಯಾವುದೇ ತೆರಿಗೆದಾರರನ್ನು ಹುಡುಕಲು ಸಾಧ್ಯವಿಲ್ಲ. ತೆರಿಗೆದಾರರ ಹೆಸರಿನಿಂದ ಜಿಎಸ್ಟಿ ಸಂಖ್ಯೆ ಹುಡುಕಾಟ ಸಾಧ್ಯವಿಲ್ಲ. ಮೇಲಿನ ಸೌಲಭ್ಯವು ನಿರ್ದಿಷ್ಟ ಜಿಎಸ್ಟಿ ಸಂಖ್ಯೆ ಎಂಬುದನ್ನು ಗುರುತಿಸಲು ಸಹಾಯ ಮಾಡುತ್ತದೆ. ಸರಿಯಾದ ಅಥವಾ ನಕಲಿ. ಒಂದು ವೇಳೆ ನಕಲಿ ಜಿಎಸ್ಟಿ ನಂ. ಯಾವುದೇ ಮಸೂದೆಯಲ್ಲಿ ವರದಿಯಾಗಿದೆ, ನೀವು ಅದನ್ನು ಪರಿಶೀಲಿಸಬೇಕು ಮತ್ತು ಕಾಳಜಿಯನ್ನು ಆಯಾ ವ್ಯಾಪಾರಿಗಳಿಗೆ ವರದಿ ಮಾಡಬೇಕು. ಕಂಪನಿಯ ಹೆಸರು ಅಥವಾ ಸಂಸ್ಥೆಯ ಹೆಸರಿನಿಂದ ಜಿಎಸ್ಟಿ ಹುಡುಕಾಟಕ್ಕೆ ಪ್ರಸ್ತುತ ಯಾವುದೇ ಸೌಲಭ್ಯವಿಲ್ಲ ಎಂಬುದನ್ನು ದಯವಿಟ್ಟು ಗಮನಿಸಿ, ಅಂದರೆ ವ್ಯಾಪಾರದ ಹೆಸರನ್ನು ಜಿಎಸ್ಟಿ ನಮೂದಿಸಿದರೆ ಯಾವುದನ್ನೂ ಹುಡುಕಲಾಗುವುದಿಲ್ಲ. GSTIN ಅನ್ನು ಹುಡುಕುವ ಲಿಂಕ್ ಅನ್ನು ಈ ಕೆಳಗಿನಂತೆ ಒದಗಿಸಲಾಗಿದೆ: Searching for a GST Number Conducting a GST number search in India is a pivotal step for individuals or entities to verify the authenticity and details of a GST registration . GST number search tools enable users to search for a GST number using various parameters, including by name or PAN (Permanent Account Number). These tools facilitate the GST number search by company name or firm name, providing a means to authenticate the GST details associated with a particular entity. Moreover, searching GST numbers by name aids in identifying GST details linked to specific individuals or businesses, ensuring the accuracy and validation of their GST registration. The GST Department offers a user-friendly facility on its official website, www.gst.gov.in , to search for GST Numbers. Here are the available options for searching: 1. GST Number Search Using the GST Number search option, you can directly input a GSTIN to find specific taxpayer details. This method is particularly useful when you already have the GST Number and want to verify its accuracy. The facility is available on the main page of the GST site i.e. www.gst.gov.in under the option search taxpayer. You can input any of the fields above and search for the taxpayer details. However, the PAN is a must for the search. Without PAN you cannot search any taxpayer. GST number search by the name of the taxpayer is not possible. The above facility helps to identify whether a particular GST no. is correct or fake. In case fake GST no. has been reported in any bill, you must check the same and report the concern to the respective dealer. Please note that presently there is no facility available for GST search by company name or firm name i.e. if a trade name is entered GST no cannot be searched. 2. PAN-based Search Another option is to search for a GST Number based on the PAN of the taxpayer. This method allows you to retrieve GSTINs associated with a particular PAN. It can be helpful when you have the PAN but not the GST Number. The process of GST No search by name involves utilizing dedicated online portals or platforms designed for GST details search. These search tools allow users to find GST numbers by entering relevant information such as the name of the taxpayer or the company. Additionally, users can search for GST numbers by PAN, providing a more targeted approach to identifying GST registrations associated with specific PAN cardholders. This search-by-name feature simplifies the process of retrieving GST numbers and related details, ensuring seamless verification of GST registrations. 3. Composition Taxpayer Search If you are specifically looking for information about a composition taxpayer , you can utilize the Composition Taxpayer search option. This search helps you identify taxpayers who have opted for the composition scheme. The GST No. can be searched at the GST site through any of the following options: (1) Through GSTIN i.e., GST search by GST No. (2) Through PAN i.e., GST search by PAN (3) Search Composition Taxpayer In conclusion, the GST Number search facility provided by the GST Department allows you to verify the authenticity of a GST Number and access important taxpayer information. By understanding the components of a GST Number and utilizing the available search options, you can ensure the accuracy of GSTINs and report any suspicious activity. Remember, the GST Number search is invaluable in maintaining transparency and compliance within the GST framework GST ತೆರಿಗೆದಾರರನ್ನು ಹುಡುಕುವ ಹಂತ ಹಂತದ ಪ್ರಕ್ರಿಯೆಯು ಕೆಳಕಂಡಂತಿದೆ: (ಎ) GST ಸಂಖ್ಯೆ ಮೂಲಕ ಅಂದರೆ ನೀವು ತೆರಿಗೆದಾರರ GST ಸಂಖ್ಯೆಯನ್ನು ಹೊಂದಿದ್ದರೆ 1. www.gst.gov.in ಗೆ ಭೇಟಿ ನೀಡಿ 2. GSTIN/UIN ಮೂಲಕ ಹುಡುಕಿ ಕ್ಲಿಕ್ ಮಾಡಿ 3. ತೆರಿಗೆದಾರರ GSTIN ಅನ್ನು ನಮೂದಿಸಿ ಮತ್ತು ನೀವು ಎಲ್ಲಾ ವಿವರಗಳನ್ನು ಕಾಣಬಹುದು (ಬಿ) ತೆರಿಗೆದಾರರ ಪ್ಯಾನ್ ಮೂಲಕ 1. www.gst.gov.in ಗೆ ಭೇಟಿ ನೀಡಿ Search with PAN 2. ಹುಡುಕಾಟ ತೆರಿಗೆದಾರರಿಗೆ ಹೋಗಿ - PAN ಮೂಲಕ ಹುಡುಕಿ 3. PAN ಅನ್ನು ನಮೂದಿಸಿ ಮತ್ತು ತೆರಿಗೆದಾರರ ಎಲ್ಲಾ ವಿವರಗಳು ಲಭ್ಯವಿರುತ್ತವೆ Verifying the Authenticity of a GST Number The GST Number search facility provided by the GST Department plays a crucial role in verifying the authenticity of a GST Number. It enables you to identify whether a particular GSTIN is genuine or fake. If you come across a suspicious or fake GST Number on a bill or document, it is essential to verify it and report the concern to the respective dealer or authority. Here are some strategies that are essential for businesses to verify the authenticity of GSTINs and maintain compliance with GST regulations, preventing errors and potential fraud. Toolsets for Managing GST Numbers Finding GST numbers by name or PAN is crucial for obtaining accurate and verified GST details for taxpayers or businesses. Using these search methods enables individuals to access comprehensive information about GST registrations, ensuring compliance and authenticity in business dealings. Moreover, performing a GST number search with name or PAN helps in cross-verifying and validating the GST details provided by entities, enhancing transparency and trust in business transactions. These search functionalities contribute to a streamlined process for individuals or entities to verify GST numbers and gather detailed information about registered taxpayers or businesses. Online tools and software simplify GST registration and compliance, making it easier for businesses to navigate the system. These are listed below: Strategies/Hacks/Use Cases for Efficient GSTIN Management This concise table provides a summarized overview of various aspects of efficient GSTIN management, including strategies, hacks, and use cases Leveraging the latest data for GSTIN management is crucial for businesses to maintain compliance and operational efficiency. Real-time verification, API integration with the GSTN, and collaboration with GST Suvidha Providers (GSPs) provide access to the current information. ಜಿಎಸ್ಟಿ ರಿಟರ್ನ್ಸ್ ಫೈಲಿಂಗ್ ಅನ್ನು ಸರಳೀಕರಿಸಲಾಗಿದೆ ಕೈಗೆಟುಕುವ ವೆಚ್ಚದಲ್ಲಿ ತಜ್ಞರ ಸಹಾಯದ GST ನೋಂದಣಿ ಮತ್ತು ರಿಟರ್ನ್ ಫೈಲಿಂಗ್ಗಳನ್ನು ಪಡೆಯಿರಿ ಈಗ ಪ್ರಾರಂಭಿಸಿ
- 12A Income Tax Registration for Trusts and NGOs | Karr Tax
Learn how to secure 12A Income Tax Registration for your Trust or NGO. Unlock tax benefits and exemptions. Expert guidance for hassle-free registration. 12 ಎಬಿ ಆದಾಯ ತೆರಿಗೆ ಅಡಿಯಲ್ಲಿ ಟ್ರಸ್ಟ್ / ಸೊಸೈಟಿ / ಎನ್ಜಿಒ ನೋಂದಣಿಗೆ ಅರ್ಜಿ ಸಲ್ಲಿಸಿ NGO ನೋಂದಣಿ ರೂ.1999 ತಜ್ಞರೊಂದಿಗೆ ಸಂಪರ್ಕ ಸಾಧಿಸಿ ಆದಾಯ ತೆರಿಗೆಯ ಸೆಕ್ಷನ್ 12 ಎಎ ಅಡಿಯಲ್ಲಿ ನೋಂದಾಯಿಸಲಾದ ಟ್ರಸ್ಟ್ / ಸಂಘಗಳಿಗೆ ನೋಂದಣಿ ನವೀಕರಣ Non-Governmental Organizations (NGOs) play a crucial role in the development and welfare of society. These organizations, whether trusts, societies, or section 8 companies, work selflessly towards charitable or religious causes, aiming to make a positive impact on the lives of people in need. Running a charitable organization in India is a noble endeavour, but it often comes with financial challenges. This is where Section 12A of the Income Tax Act comes into play. To support their noble endeavours, the Indian government provides certain benefits and tax exemptions to registered NGOs under Section 12A of the Income Tax Act. Obtaining 12A registration allows organizations to receive income tax exemption under Section 11 of the Income Tax Act, allowing them to receive more resources to fulfil their mission. This also incentivizes donors to claim deductions on their contributions under Section 80G of the Income Tax Act . Trust and credibility are crucial assets for any charitable organization, and 12A registration enhances their reputation through recognition, attraction of donors, and government partnerships. Registration often opens doors to collaborations with government agencies and other reputable organizations. Financial transparency is another benefit of 12A registration. Registered organizations are required to maintain proper books of accounts and records, ensuring transparency in financial operations. Additionally, the registration process necessitates adherence to legal requirements, ensuring that the organization operates within the legal framework. 12A registration is not just a matter of compliance; it is a strategic move that can significantly impact the sustainability and effectiveness of your charitable organization. The tax benefits, enhanced credibility, and commitment to transparency can make your mission more sustainable. Eligibility and Prerequisites Meeting eligibility criteria and prerequisites is the first step towards unlocking the benefits of tax exemption and enhanced credibility. Legal Entity and Purpose To be eligible for 12A registration, your organization must meet certain fundamental criteria: Legal Entity: Your organization should be a legally recognized entity, registered as a trust, society, or section 8 company under the relevant state laws. Each of these entities serves different purposes: Trust: Typically formed for the management of a specific trust or endowment. Society: Primarily established for charitable, literary, or scientific purposes. Section 8 Company: Created for promoting commerce, art, science, sports, education, research, social welfare, and charity. Non-Profit Objective The primary objective of your organization should be non-profit in nature. This means that your organization's activities must not be driven by profit motives. Instead, they should focus on charitable, religious, or social welfare activities. Proper Maintenance of Records Registered organizations must maintain proper books of accounts and other records. These records should accurately reflect the financial transactions and activities of the organization. Essential Documents The key to a successful 12A registration application lies in the documentation you provide which is listed below: Trust Deed, Memorandum of Association, or Society Bye laws These foundational documents are critical for establishing the legitimacy and purpose of your organization. Depending on the type of entity, you'll need one of the following: Trust Deed : If you're a trust, you need a trust deed that outlines the objectives and rules governing the trust. Memorandum of Association : If you're a section 8 company, you should have a memorandum of association. Society Bye-laws : Societies require bye-laws that detail their objectives, membership rules, and operational guidelines. PAN Card You'll need a copy of the Permanent Account Number (PAN) card for your organization. This is crucial for tax-related transactions and identification. Bank Account Details Provide proof of your organization's bank account. This includes a bank statement or a letter from the bank confirming the existence of the account. Registration Certificate If your organization is registered under the relevant state laws, include a copy of the registration certificate. This further establishes your legal status. Donation Receipts and Utilization Reports To demonstrate your organization's non-profit activities, include donation receipts issued to donors and reports on how these funds were utilized for charitable purposes. Audited Financial Statements Include audited financial statements, including income and expenditure statements and balance sheets, for the past few years. This showcases your organization's financial transparency. Starting from April 1, 2021, there have been significant changes in the registration process for NGOs under the Income Tax Act. Let's delve into these transformations: For existing NGOs, the Principal Commissioner reviews applications, ensuring that genuine activities are conducted. Dissatisfaction can lead to rejection, with a fair hearing granted before a final decision. Registration Procedure The registration procedure is outlined in Rule 17A: Application Forms: Existing NGOs: Form No. 10A New NGOs: Form No. 10AB Required Documents: Pan Card with IT Login & Password Trust Deed or Creating Instrument (Self-Certified) Registration Certificate of Trust/Society/Section 8 Company (Self-Certified) Copy of FCRA Registration Certificate (if applicable, Self-Certified) Copy of 12A Income Tax Registration Certificate (if re-applying, Self-Certified) Copies of Annual Accounts (up to 3 years if applicable) Documentation for any changed or modified objectives Notes on Trust/Society activities Filing Process: Submit Form No. 10A or 10AB online via the Income Tax website (www.incometax.gov.in ). E-Verify or digitally sign the application. 4: Receiving Your Registration Certificate Once your application is approved, you'll receive a registration certificate under Section 12A of the Income Tax Act. This certificate officially grants your organization tax-exempt status. 5: Post-Approval Compliance After obtaining 12A registration, your organization must continue to maintain proper books of accounts, file annual returns, and comply with tax laws to retain its tax-exempt status. Steps for Online Application for Section 12A Registration Steps for Online Application for Section 12A Registration Step 1: Go to the official Income Tax Department website (www.incometax.gov.in ). Step 2: Register/Login: Create an account or log in if you already have one. Step 3: Navigate to the e-filing portal and select "Apply for registration under Section 12A." Step 4: Fill out Form No. 10A (Application for registration under Section 12A) with accurate details. Step 5: Upload the required documents, including the trust deed, registration certificate, and other supporting documents as specified in the form. Ensure they are self-certified. Step 6: Review the information provided in the form and the uploaded documents for accuracy and completeness. Step 7: Submit the application. Step 8: Pay any applicable fees or charges as per the current guidelines. Currently there are no charges officially Step 9: Receive an acknowledgment or receipt for the submission. Step 10: Wait for the processing of your application. The order for registration will be passed within 3 months for new NGOs who will be granted provisional Registration. For Final Registration, the processing time is 6 months. You may check the status of your application online. Step 11: If the application is approved, you will receive the Section 12A registration certificate. Step 12: Keep a copy of the registration certificate for your records and for future reference. Key Points to Note : Compliance and Reporting Obligations Maintaining your 12A registration status involves adhering to specific compliance and reporting obligations. Non-Compliance and Penalties Non-compliance with the registration and compliance requirements for NGOs can lead to various penalties and legal consequences. It is crucial for NGOs to adhere to the provisions of the Income Tax Act to maintain their tax-exempt status and avoid potential legal actions. Below, we outline some of the common areas of non-compliance and the corresponding penalties: NGOs can seek various benefits by obtaining 12A registration, as it grants them tax exemption under Section 12A of the Income Tax Act. This registration can be applied for online. It's essential for NGOs to file their income tax returns in India to maintain their tax-exempt status and benefit from the 12A certificate. Additionally, there's a provision for 12AB registration renewal to ensure ongoing compliance with tax regulations. Section 12A is a significant part of the Income Tax Act, offering tax benefits to registered NGOs. Obtain your 12A registration certificate to enjoy these advantages. ಫಾರ್ಮ್ 10 ಎ ನಲ್ಲಿ ಪದೇ ಪದೇ ಕೇಳಲಾಗುವ ಪ್ರಶ್ನೆಗಳು ನಿಮ್ಮ ಎನ್ಜಿಒವನ್ನು ಐಟಿ ಇಲಾಖೆಯಲ್ಲಿ ನೋಂದಾಯಿಸಲು ನೀವು ಬಯಸುವಿರಾ - ಇಲ್ಲಿ ಕ್ಲಿಕ್ ಮಾಡಿ PDF ನಲ್ಲಿ ಫಾರ್ಮ್ 10A ಅಗತ್ಯವಿದೆ ಫಾರ್ಮ್ 10A-PDF ಫಾರ್ಮ್ 10AB PDF
- TDS Services | Online TDS Return Filing | Karr Tax
Simplify TDS Returns with our easy guide. File online effortlessly and understand the process. Ensure accurate TDS Return filing. Learn more now. TDS Services: Services Filing Your TDS Returns Online: It's Easier Than You Think ಫಾರ್ಮ್ 24Q For Salaried Deductors ಪ್ರಾರಂಭಿಸಿ ಫಾರ್ಮ್ 26Q For TDS on deductions other than_cc781905-5cde-3194 -bb3b-136bad5cf58d_ Salary ಪ್ರಾರಂಭಿಸಿ ಫಾರ್ಮ್ 26QB TDS ಗಾಗಿ ಮಾರಾಟ ಸ್ಥಿರ ಆಸ್ತಿ ಪ್ರಾರಂಭಿಸಿ ಫಾರ್ಮ್ 27Q ಅನಿವಾಸಿಗಳಿಗೆ ಪಾವತಿಗಳ ಮೇಲೆ ಟಿಡಿಎಸ್ ಪ್ರಾರಂಭಿಸಿ ಫಾರ್ಮ್ 27EQ TCS ಗಾಗಿ ಫಾರ್ಮ್ 27EQ ಪ್ರಾರಂಭಿಸಿ TDS Services - Return & Refund Navigating the world of tax can be a real maze, especially when it comes to dealing with the intricacies of TDS returns. But fear not, for we're here to simplify it all for you. In this friendly guide, we'll walk you through the steps of filing your TDS returns online, making it a breeze to manage your taxes and keep your financial house in order. So, if you're ready to simplify TDS returns and gain a sense of control over your financial affairs, let's get started on this journey together! What's TDS Return All About? Before we jump into the technical elements of online filing, let's clear up what a TDS return is. It's basically a report card for your taxes. This document summarizes all the tax amounts you deducted when making payments to others. Every three months, you need to share this information with the Income Tax Department. In everyday language, it's like a tax report card, summarizing all your tax transactions and how much tax you've gathered. It provides the tax authorities with a clear picture of your tax responsibilities. How to File TDS Return Online Now that you know what a TDS return is, let's get down to the practical stuff. Here's what you'll need and how to file your TDS return online: What You Need to Get Started PAN cards of all the parties involved (that's you, the person paying, and the person receiving). Information about the tax payments you made to the government. Any additional documents requested by the tax authorities. The Step-by-Step Process Step 1: Head to the Income Tax Department's website at http://incometax.gov.in/. Step 2: Log in using your TAN (Tax Deduction and Collection Account Number) details. Step 3: Go to 'e-File,' choose 'Income Tax Forms,' and click 'File Income Tax Forms' on the dashboard. Step 4: Choose the correct form for your situation. Step 5: Click 'Upload TDS Form' and hit 'Let’s Get Started.' Step 6: Fill in the required information and click 'Proceed to e-Verify.' Step 7: Enter the OTP sent to your mobile for verification, and you're all set! Once you complete these steps, you'll receive a confirmation message for a job well done. If you're not using a Digital Signature Certificate (DSC), don't worry. You can still validate your TDS statements using the Electronic Verification Code (EVC). What You Need Before Filing Before hitting the 'File' button, there are a few essential things to check off your list: A valid TAN for e-filing – you can't proceed without it. Return Preparation Utility (RPU) for preparing your TDS statement. File Validation Utility (FVU) to validate your TDS statement. If you prefer using a Digital Signature Certificate (DSC) for authentication, make sure it's valid. Link your bank or Demat account to your PAN for Electronic Verification via EVC. Ensure you've paid the total TDS amount before filing your TDS returns. Who Needs to File TDS Returns? Not everyone needs to hop on the TDS returns train. It's mostly for the folks who make payments in specific categories, including: Employers paying salaries. Earnings from games, races, or lotteries. Dealing with securities (the financial kind, not the secret agent gadgets). Earning insurance commissions. Buying or selling property. Paying rent. Investing in schemes like National Savings. Budget 2023: What's Changing in Taxes Get ready for some updates in the Budget 2023 that might affect your finances: Section 194BA - Now, if you're making money from online gaming, brace yourself for TDS deductions. Section 196A - Starting April 1, 2023, if you're a non-resident earning from mutual funds in India, you can show your Tax Residency Certificate to enjoy the TDS rate as per your tax treaty, instead of the flat 20%. Section 192A - Good news for those without a PAN! The TDS rate on PF withdrawals has dropped to 20% from the maximum marginal rate. Section 193 - No more TDS exemption for interest from listed debentures. You'll have to deal with TDS on your interest income from these specific securities. Section 194N - Big change here! From April 1, 2023, co-operative societies will only face TDS on cash withdrawals exceeding Rs 3 crore, up from the previous Rs 1 crore limit. TDS Rates Chart for Resident Indians TDS rates chart for income tax on select categories for the financial year 2023-2024 are listed below. These rates are applicable for resident Indians. Different TDS Forms TDS (Tax Deducted at Source) forms come in various types, each designed for specific purposes depending on the nature of the payment. Remember, no matter which TDS form you use, don't forget to include a digital signature on Form 27A. What You Need To Know About Penalties If you're late in filing your TDS return or make mistakes, there are consequences to be aware of: Penalties under Section 234E Missing the filing deadline will result in a late filing fee of Rs. 200 per day. The fee keeps adding up until you finally file your return, but it won't exceed your TDS amount. So, while it's a penalty, it won't break the bank. Penalties under Section 271H If you make errors in your return, like incorrect PAN or tax amount, you might face a penalty ranging from Rs. 10,000 to Rs. 1 lakh. The Final Word In a nutshell, TDS returns are like the nuts and bolts that keep the tax system working smoothly. While they might seem a bit tricky, filing them online can be a breeze if you follow the steps we've laid out. Don't let the paperwork scare you – it's a simple process that helps you stay on top of your taxes and financial future. And for those looking for an even smoother experience, services like Karrtax.in offer expert assistance in filing all TDS returns, from Form 24Q , form 26Q , form 26QB , form 27Q to form 27EQ , making the process even more convenient. So, whether you prefer the DIY route or expert guidance , keeping your TDS returns in order has never been easier. ಟಿಡಿಎಸ್ ಬಗ್ಗೆ ಇನ್ನಷ್ಟು ತಿಳಿದುಕೊಳ್ಳಲು ಬಯಸುವಿರಾ? ಟಿಡಿಎಸ್ ಕಲಿಕೆ ಕೇಂದ್ರ
- ITR - 3 Filing Online | Check Applicability | Karr Tax
Learn everything about the ITR-3 form. Its eligibility, components, and guidelines for smooth tax compliance. ITR - 3: Price List ITR 3 FILINGS A.YR.2020-21 ₹2499 For Business/Profession including F&O and Speculation Profits* Takes 1-2 Days on average. ✅ Expert Assisted ✅ Completely Secure ✅ Affordable Pricing Get Started *Audit (if applicable) Charges not included. ITR - 3: FAQ ITR 3 A.YR.2020-21 ಬಗ್ಗೆ ಎಲ್ಲಾ Finally, the income tax return filing season is back for A.Y. 2025-26. Are you an individual taxpayer or HUF member with a proprietorship or business? If yes, then you have to file ITR-3. Here, we’ll explain about ITR-3 form, eligibility, steps and structure! Let’s begin! What is the ITR-3 Form? ITR-3 is an income tax return form that is filed by individual entities and Hindu Undivided Families or HUFs who earn from the following income sources: Salary Pension House property Capital gains Business or profession Other sources Who Is Eligible to File the ITR-3 Form? The below entities are eligible to file the ITR-3 form. Individual entities or Hindu Undivided Families (HUFs) with income from a sole proprietorship business or profession. For taxpayers earning from more than one house property. Used by individuals with income generated from assets situated outside India. Non-Resident Individual Income from short or long-term capital gains, such as selling investments like stocks. Individual earning income under the head “profits or gains from profession or business” and not eligible to file ITR-1, ITR-2 or ITR-4. Who is not eligible to file the ITR-3 Form? ITR-3 Form is exclusively for individuals and Hindu Undivided Families (HUFs); other entities cannot use this form. Individuals and HUFs who do not earn or receive income from their own business, profession, or partnership firm. Major Changes in ITR-3 form for AY 2025-26 The below changes are incorporated in the ITR-3 form. Introduction of Schedule VDA to separately report income from virtual digital assets (VDAs) such as cryptocurrency. This schedule requires a quarterly breakup of VDA transactions, including purchase and sale dates, if treated as capital gains. Requirement for foreign institutional investors (FII/FPI) to disclose their SEBI registration number for additional transparency. Introduction of a new section, 'Trading Account', to report turnover and income from intraday trading. Addition of questions to determine if taxpayers opted out of the New Tax Regime in previous years. Minor adjustment in balance sheet reporting details: Advances received from entities specified in Sec 40A(2)(b) and others must be reported or shown under the 'Advances' heading in "Source of Funds." Structure of the ITR-3 Form ITR-3 Form follows the below structure. PART-A PART A - GENERAL This part requires general information such as Name, Address, PAN, Aadhar, Mobile, email Id Status, details of New or old tax regime, whether the return is being filed as per the seventh proviso to Section 139(1), details of residential status, details of Directorship in any company and details of Equity shareholding in Unlisted Companies. If you are liable for an Audit, it requires information about the Audit, the date of the Audit Report etc. The details of the nature of the Business along with the Code and name of the proprietorship, description, etc. are also required. PART A - MANUFACTURING ACCOUNT Details of the manufacturing account for the whole financial year PART A - TRADING ACCOUNT Trading account details PART A - PROFIT AND LOSS ACCOUNT Profit and loss account details PART A - BALANCE SHEET This Part is divided into three sub-parts : (1) If Regular Books of Accounts are maintained : In that case, Complete details of the Balance Sheet, Manufacturing Account, Trading Account and Profit and Loss Account has to be filled up. Separate Schedules are there for each one of them. (2) If declaring income under Presumptive Taxation Schemes : In this case, the details as per Section 44AD , 44ADA , and 44AE (as applicable) are to be filled up. (3) No Account case: If you are not liable to maintain books of accounts, the details as required in point no. 64 and 65 of the ITR have to be filled up. PART A - 0I OTHER INFORMATION This schedule is mandatory for persons liable to audit. For others, it can be filled up if applicable. The major parts covered in this schedule relates to disallowances from business or professional income. PART A - QD QUANTITATIVE DETAILS Again this part is mandatory for persons who are liable to Tax audits. It requires quantitative details of Trading Accounts i.e. opening stock, purchases, sales and closing stock. SCHEDULES TO THE RETURN FORM [TO BE FILLED AS APPLICABLE] SCHEDULE S- DETAILS OF INCOME FROM SALARY In this Schedule, the name and address of the employer with TAN and the nature of Employment are also required along with all the details of Salary and other allowances and perquisites received. SCHEDULE HP - DETAILS OF INCOME FROM HOUSE PROPERTY In this Schedule, the Address of the property along with names and Pan of the co-owners are required to be filled. Also, the details of the tenant such as name, and PAN are required. Complete details of Rent received, annual rent along with all the deductions claimed from rental income has to be entered. You can add multiple house property details here. SCHEDULE BP - COMPUTATION OF INCOME FROM BUSINESS OR PROFESSION This Schedule requires details of income from business or profession. It is divided into four parts : 1. Details of Income from normal business or profession 2. Details of Income from Speculative business 3. Details of Income from Specified business u/s 35AD 4. Inter-head set off of losses under head Business SCHEDULE - DPM DEPRECIATION ON PLANT AND MACHINERY Complete Details of depreciation on Plant and Machinery have to be provided under this Schedule SCHEDULE DOA - DEPRECIATION ON OTHER ASSETS Complete details of depreciation on all the Fixed Assets other than Plant and Machinery such as Land, Building, Furniture & Fixtures, Intangible Assets, and Ships has to be provided under this Schedule. SCHEDULE DEP - SUMMARY OF DEPRECIATION ON ASSETS Under this Schedule, a Summary of Depreciation provided under each head of Assets has to be provided. SCHEDULE DCG - DEEMED CAPITAL GAIN ON SALE OF DEPRECIABLE ASSETS Here, the deemed capital gain on the sale of depreciable assets has to be entered. SCHEDULE ESR - EXPENDITURE ON SCIENTIFIC RESEARCH [Deduction u/s 35 or 35CCC or 35CCD] The complete details of Expenditure claimed u/s 35 have to be provided here. SCHEDULE CG - CAPITAL GAINS This is a long schedule that is divided into Short Term & Long-Term Capital Gains. Full & complete details of each and every item have to be provided including all deductions claimed from such gains. Also, there is a separate Schedule of Section 112A wherein share-wise details have to be entered for taking benefits of the grandfathering clause as on 31st Jan.2018. Also, the set-off of short-term and long-term capital gains details are to be entered. The bifurcation of Short Term & Long term capital gains quarter wise also needs to be entered so that the interest liability u/s 234C can be correctly analyzed and calculated. From A.Yr.2023-24, Schedule VDA - Income from transfer of Virtual Digital Assets has been newly added for reporting transactions relating to virtual digital assets. SCHEDULE OS - INCOME FROM OTHER SOURCES In this Schedule, each and every detail relating to Income from Other Sources have to be entered. Also, the deductions claimed from other source income are to be entered in detail. Here also bifurcation of income from Dividends and winnings from the lottery, puzzles, games etc. has to be provided quarters for calculation of interest u/s 234C. SCHEDULE CYLA - DETAILS OF INCOME AFTER SETOFF OF CURRENT YEAR LOSSES Under this Schedule, the current year's losses under head House Property, Business loss and other sources are allowed to be adjusted from the Current year's income of Salaries, House Property, Busines Income, Capital Gain, and other sources as per the provisions of Income Tax. SCHEDULE BFLA - DETAILS OF INCOME AFTER SET OFF OF BROUGHT FORWARD LOSSES OF EARLIER YEARS Under this Schedule, the brought forward losses of earlier years are allowed to be set off against current year's remaining income as per the provisions of the Act. SCHEDULE CFL - CARRIED FORWARD LOSSES This Schedule requires the details of the last 8 years brought forward losses and adjustment of same against the current year's income and the losses which remained and carried forward for future adjustments. SCHEDULE - UD UNABSORBED DEPRECIATION AND ALLOWANCE U/S 35(4) This schedule required the details of unabsorbed deprecation losses and allowances u/s 35(4) adjusted during the year and carried forward. SCHEDULE ICDS - EFFECT OF INCOME COMPUTATION DISCLOSURE STANDARDS ON PROFIT Here, the effect of all total 10 ICDS on the net profit has to be disclosed and detailed. SCHEDULE 10AA - DEDUCTION UNDER SECTION 10AA The Deductions in respect of units located in the Special Economic Zone have to be provided under this schedule. SCHEDULE 80G - DETAILS OF DONATIONS UNDER SECTION 80G This schedule required complete details in respect of donations given under Section 80G both entitled to 100% and 50% deductions including name, address, pan of the organization along with mode of payment etc. SCHEDULE 80GGA - DETAILS OF DONATIONS FOR SCIENTIFIC RESEARCH OR RURAL DEVELOPMENT The details of donations made for Scientific Research or rural development in case of a partner of the firm deriving only profit from the firm has to be filled in here. SCHEDULE RA - DETAILS OF DONATIONS TO RESEARCH ASSOCIATIONS ETC. [U/S 35] The details of such donations made to Research Associations etc. have to be filled in here. SCHEDULE 80IA, IB, IC, OR IE - DEDUCTIONS Separate Schedules u.s 80IA, IB, ICor IE deductions are to be filled (if applicable). SCHEDULE VIA - DEDUCTIONS UNDER THE CHAPTER VIA This Schedule requires figures of deductions claimed under Chapter VIA such as 80C, 80CCC, 80CCD , 80E , 80D , etc. SCHEDULE AMT - ALTERNATE MINIMUM TAX UNDER SECTION 115JC This Schedule requires the calculation of Tax payable u/s 115JC i.e. alternate minimum tax. SCHEDULE AMTC - CALCULATION OF TAX CREDIT U/S 115JD This Schedule requires the adjustment calculation of any tax credit availed and utilized u/s 115JD. SCHEDULE SPI - INCOME OF SPECIFIED PERSON U/S 64 I.E. MINOR CHILD, SPOUSE ETC. Under this Schedule, details of Income of Minor Child, Spouse, etc. specified u/s 64 have to be entered. SCHEDULE SI - SPECIAL INCOME This schedule requires to details of all incomes which fall under Special Income which are taxed at different rates mostly u/s 115 of the Income Tax Act. SCHEDULE IF - INFORMATION REGARDING THE PARTNERSHIP FIRM IN WHICH YOU ARE A PARTNER The details of income from the Partnership firm in which you are a partner is to be filled in here. SCHEDULE EI- EXEMPT INCOME Under this Schedule, complete details of all Income that are claimed to be Exempt have to be provided. SCHEDULE PTI - PASS-THROUGH INCOME FROM BUSINESS TRUST, INVESTMENT FUND U/S 115UA, 115UB Complete details of Income from the above trust or investment funds have to be provided in this Schedule. SCHEDULE TPSA - DETAILS OF TAX ON SECONDARY ADJUSTMENTS AS PER SECTION 92CE The relevant details are to be filled in here. SCHEDULE FSI - DETAILS OF INCOME FROM OUTSIDE INDIA AND TAX RELIEF Here, the details of Income earned from outside India in case of Resident and the tax relief (if any) claimed has to be provided along with country code and TIN of the country. SCHEDULE TR - SUMMARY OF TAX RELIEF CLAIMED FROM TAXES OUTSIDE INDIA In case of Resident earning Income from outside India and paying tax in that country, the tax relied claimed in India in respect of that income under section 90, 90A or 91 has to be provided here. SCHEDULE FA - DETAILS OF FOREIGN ASSETS AND INCOME FROM ANY SOURCE OUTSIDE INDIA This Schedule requires details of complete assets, bank accounts, demat accounts, any movable or immovable property etc. of any resident in a Foreign country and also income if any derived from such assets. The details are to be provided for the Calendar year i.e. for A.Yr.23-24 it has to be provided as at 31st Dec. 22. SCHEDULE 5A - INFORMATION REGARDING APPORTIONMENT OF INCOME AS PER PORTUGUESE CODE The relevant Information of the Spouse as per the Portuguese code has to be provided here. SCHEDULE AL - ASSETS AND LIABILITIES AS AT THE END OF THE YEAR [APPLICABLE IN CASE WHERE TOTAL INCOME EXCEEDS RS.50 LAKHS] Complete details of all assets i.e. Immovable and Movable in case of persons earning income above 50 lakhs has to be filled in this Schedule. The details of Assets and Liabilities should be other than as already filled in Part A - BS. SCHEDULE GST - INFORMATION REGARDING TURNOVER/RECEIPTS REPORTED IN GST The GSTIN details and turnover details as per GST returns are to be disclosed here. SCHEDULE - TAX-DEFERRED IN ESOP The relevant information - relatable to income on perquisites referred in section 17(2)(vi) received from the employer, being an eligible start-up referred to in section 80-IAC has to be provided here. PART B - TI - COMPUTATION OF TOTAL INCOME This schedule is the Summary of all above Schedules wherein the total income under each head of income is to be summarised so as to arrive at Gross total income and then Total income. PART B - TTI - TAX ON TOTAL INCOME Under this Schedule, the Tax liability is ascertained after providing for rebates and reliefs claimed and also the TDS, advance tax, Self asstt. tax are considered. The Interest u/s 234A , B & C are also calculated so as to arrive at net tax payable or refundable during the year. This Schedule also requires details of all bank accounts held during the year along with the account to which the refund has to be credited. This Schedule also has sub-schedules for Advance Tax, Self Assessment Tax, TDS, and TCS wherein complete details are to be provided as per tax challans, Form 26AS and Form 27D. VERIFICATION Form ITR-2 ends with the Verification section which can be done through Aadhar OTP, digital signature, other modes of verification. However, if no modes of E-verification are available, then ITR-V acknowledgment generated after e-filing has to be physically signed and sent to CPC-Bangluru within 30 days of filing. File ITR-3 with KarrTax File your ITR-3 for A.Y. 2025-26 with the best tax experts of KarrTax at just ₹2499! (audit charges not included) Frequently Asked Questions (FAQs) 1.What is the due date for filing the ITR-3 form? The due date for ITR-3 return filing is 31st July for non-audit cases and 31st October for audit cases. 2.I earn income from business but opted for presumptive taxation, so can I file ITR-3? No, In the case of presumptive taxation, only ITR-4 is applicable, which you can file here . 3.What documents are required for ITR-3 filing? Below documents are needed for ITR-3 filing: Form 16/16A/26AS Income proof of Salary , Capital Gains, House Property, and Other Sources. Documents for claiming deductions like u/s 80C. Books of accounts (In case of business or professional income) Bank account details 4.What is the difference between ITR-3 and ITR-4 forms? ITR-3 is applicable for individuals and Hindu Undivided Families (HUFs) who have income from proprietary business or profession. On the contrary, ITR-4 is applicable for individuals, HUFs, and firms (other than LLPs or Limited Liability Partnership) who earn presumptive income from business and profession. 5.What are the late fees or penalties for not filing ITR-3 before the due date? If you miss the deadline for filing your ITR-3 for Assessment Year 2025-26, there are penalties to consider. Individuals with income up to Rs. 5,00,000 may face a penalty of up to Rs. 1,000, while those with income exceeding Rs. 5,00,000 could incur a penalty of Rs. 5,000. How to File ITR 3 Online Filing ITR-3 online requires accurate reporting of business or professional income, ensuring compliance with income tax regulations. Individuals filing ITR-3 should provide relevant financial statements, such as a balance sheet, if applicable to their business or profession. A tax calculator specific to ITR-3 aids individuals in computing their tax liability concerning business or professional income accurately. Knowing who should file ITR-3, its applicability based on business or professional income, and utilizing the correct nature of business code for trading activities are essential aspects for successful and compliant tax filing processes. ಐಟಿಆರ್ -3 ಅನ್ನು ಭರ್ತಿ ಮಾಡಲು ಅಗತ್ಯವಿರುವ ದಾಖಲೆಗಳು ವ್ಯವಹಾರ / ವೃತ್ತಿಗೆ ಸಂಬಂಧಿಸಿದ ದಾಖಲೆಗಳು, ಅಂದರೆ ಮಾಲೀಕರು ಬ್ಯಾಲೆನ್ಸ್ ಶೀಟ್, ಲಾಭ ಮತ್ತು ನಷ್ಟದಂತಹ ಹಣಕಾಸಿನ ಹೇಳಿಕೆಗಳನ್ನು ಅನುಬಂಧಗಳೊಂದಿಗೆ ಪೂರ್ಣಗೊಳಿಸಿದರೆ. ಸಂಸ್ಥೆಯ ವಿವರಗಳೊಂದಿಗೆ ಪಾಲುದಾರಿಕೆ - ಪಾಲುದಾರಿಕೆ ಕಾಳಜಿಯಲ್ಲಿನ ಬಂಡವಾಳ ಖಾತೆ ಅಗತ್ಯವಿದ್ದರೆ ಸಂಬಳ, ಬಂಡವಾಳ ಗಳಿಕೆ, ಮನೆ ಆಸ್ತಿ, ಇತರ ಮೂಲಗಳು ಮುಂತಾದ ಇತರ ಆದಾಯಕ್ಕೆ ಸಂಬಂಧಿಸಿದ ದಾಖಲೆಗಳು. ತೆರಿಗೆ ಉಳಿತಾಯ ಹೂಡಿಕೆಗಳು, 80 ಡಿ ಯಿಂದ 80 ಯು ಕಡಿತಗಳು ಮುಂತಾದ ಕಡಿತಗಳಿಗೆ ಸಂಬಂಧಿಸಿದ ದಾಖಲೆಗಳು. ಫಾರ್ಮ್ 16/16 ಎ / 26 ಎಎಸ್ ಪ್ಯಾನ್ ಕಾರ್ಡ್ ಆಧಾರ್ ಕಾರ್ಡ್ What is ITR 3 ITR-3, a specific income tax return form, is primarily applicable to individuals and Hindu Undivided Families (HUFs) involved in businesses or professions. Those engaged in proprietary businesses or having income from a profession typically file ITR-3. It's important to note that ITR-3 filing doesn't include cases where individuals are not maintaining regular books of accounts. The nature of business code for F&O trading in ITR-3 helps in accurately categorizing income from Futures and Options trading activities. Understanding the applicability of ITR-3 is crucial, as it applies to individuals and HUFs with income from business or profession but not falling under the "no account case" category. ಆದಾಯ ತೆರಿಗೆಯನ್ನು ಕಲಿಯಿರಿ ಇಲ್ಲಿ ನಮ್ಮ ಕಲಿಕಾ ಕೇಂದ್ರದಲ್ಲಿ ನಾವು ಸಂಪೂರ್ಣ ಆದಾಯ ತೆರಿಗೆಯನ್ನು ವಿವಿಧ ಉಪ-ವರ್ಗಗಳಾಗಿ ವಿಂಗಡಿಸಿದ್ದೇವೆ ಮತ್ತು ದೈನಂದಿನ ಜೀವನದಲ್ಲಿ ಪ್ರಸ್ತುತವಾಗಿರುವ ವಿಷಯಗಳನ್ನು ಸಂಗ್ರಹಿಸಿದ್ದೇವೆ. ನೀವು ಇಷ್ಟಪಡುವ ವಿಷಯದ ಮೂಲಕ ಬ್ರೌಸ್ ಮಾಡಬಹುದು ಮತ್ತು ಅಗತ್ಯವಿರುವ ಮಾಹಿತಿಯನ್ನು ಸುಲಭವಾಗಿ ಅರ್ಥಮಾಡಿಕೊಳ್ಳಲು ಭಾಷೆಯಲ್ಲಿ ಪಡೆಯಬಹುದು. ನಮ್ಮ ವಿಷಯಗಳು ಮತ್ತು ವರ್ಗಗಳ ಪಟ್ಟಿಗೆ ನಾವು ಹೊಸ ಮತ್ತು ಇತ್ತೀಚಿನ ನವೀಕರಣಗಳನ್ನು ಸೇರಿಸುತ್ತಲೇ ಇರುತ್ತೇವೆ. ಐಟಿಆರ್ -3 ಅನ್ನು ಸಲ್ಲಿಸುವ ವಿಧಾನಗಳು ವ್ಯಾಪಾರ / ವೃತ್ತಿಯಿಂದ ಆದಾಯ ಹೊಂದಿರುವ ವ್ಯಕ್ತಿಗಳು / ಎಚ್ಯುಎಫ್ಗೆ ಐಟಿಆರ್ -3 ಅನ್ವಯವಾಗುತ್ತದೆ. ಆದ್ದರಿಂದ ಯಾವುದೇ ವ್ಯಕ್ತಿ ವ್ಯವಹಾರ / ವೃತ್ತಿಯಿಂದ ಆದಾಯವನ್ನು ಹೊಂದಿರದ ಕಾರಣ ಅದನ್ನು ಸಲ್ಲಿಸಲಾಗುವುದಿಲ್ಲ. ಐಟಿಆರ್ -3 ಸಲ್ಲಿಸುವ ವಿಧಾನಗಳು ಹೀಗಿವೆ: 1. ಆನ್ಲೈನ್ ಫಾರ್ಮ್ ಐಟಿಆರ್ -3 ಅನ್ನು ಭರ್ತಿ ಮಾಡುವ ಮೂಲಕ ಆದಾಯ ತೆರಿಗೆ ಇಫೈಲಿಂಗ್ ಪೋರ್ಟಲ್ನಲ್ಲಿ ಆನ್ಲೈನ್ ಐಟಿಆರ್ -3 ಫೈಲಿಂಗ್. ಸೈಟ್ಗೆ ಲಾಗ್ ಇನ್ ಮಾಡುವ ಮೂಲಕ ಇದನ್ನು ಮಾಡಬೇಕು. 2. ಆದಾಯ ತೆರಿಗೆಯ ಇಫೈಲಿಂಗ್ ಪೋರ್ಟಲ್ನಲ್ಲಿ ಎಕ್ಸ್ಎಂಎಲ್ ಫೈಲ್ ಅನ್ನು ಅಪ್ಲೋಡ್ ಮಾಡುವ ಮೂಲಕ ಮತ್ತು ತರುವಾಯ ಐಟಿ ರಿಟರ್ನ್ ಅನ್ನು ಭೌತಿಕವಾಗಿ ಸಹಿ ಮಾಡುವ ಮೂಲಕ ಅಥವಾ ಆಧಾರ್ ಒಟಿಪಿ, ಬ್ಯಾಂಕ್ ಅಕೌಂಟ್ valid ರ್ಜಿತಗೊಳಿಸುವಿಕೆ, ಡಿಮ್ಯಾಟ್ ಖಾತೆ ಮೌಲ್ಯಮಾಪನ ಮುಂತಾದ ವಿವಿಧ ಇ-ವೆರಿಫೈ ಮೋಡ್ಗಳ ಮೂಲಕ ಪರಿಶೀಲಿಸುವ ಮೂಲಕ. 3. ಭೌತಿಕವಾಗಿ ಸಹಿ ಮಾಡಿದ ಐಟಿಆರ್ -3 ಸ್ವೀಕೃತಿಯನ್ನು ಪೋಸ್ಟ್ / ಸ್ಪೀಡ್ ಪೋಸ್ಟ್ ಮೂಲಕ ಸಿಪಿಸಿ-ಬಾಂಗ್ಲೂರಿಗೆ ಕಳುಹಿಸಬೇಕು. 4. ವ್ಯಕ್ತಿಗಳು / ಎಚ್ಯುಎಫ್ ಆಡಿಟ್ ಯು / ಎಸ್ 44 ಎಬಿ / 44 ಎಡಿ ವ್ಯಾಪ್ತಿಗೆ ಒಳಪಟ್ಟರೆ, ಆಡಿಟ್ ವರದಿಯನ್ನು ಪ್ರತ್ಯೇಕವಾಗಿ ಅಪ್ಲೋಡ್ ಮಾಡಬೇಕು ಮತ್ತು ನಂತರ ಐಟಿಆರ್ -3 ಅನ್ನು ಸಲ್ಲಿಸಬೇಕಾಗುತ್ತದೆ. 5. ಆಡಿಟ್ ಮೌಲ್ಯಮಾಪಕರ ಸಂದರ್ಭದಲ್ಲಿ, ಐಟಿಆರ್ -3 ಅನ್ನು ಡಿಜಿಟಲ್ ಸಹಿ ಮಾಡಿ ಅಪ್ಲೋಡ್ ಮಾಡಬೇಕು. ಒಟಿಪಿಗಳ ಮೂಲಕ ಹಸ್ತಚಾಲಿತ ಸಹಿ ಮತ್ತು ಪರಿಶೀಲನೆಯನ್ನು ಅನುಮತಿಸಲಾಗುವುದಿಲ್ಲ. ಐಟಿಆರ್ 3 ಡೌನ್ಲೋಡ್ Old Tax Regime Vs. New Tax Regime - Applicability for Asstt. Yr. 2024-25 The E-filing for the Asstt. Yr.2024-25 is starting soon. Let us understand the Old tax regime and new tax regime and what is the procedure to adopt the same. Old Tax Regime : For the Asstt. Yr.2024-25, the default tax regime is New Tax regime. i.e. you will have to adopt and choose old tax regime if you want to be taxed as per that regime. Under the Old tax regime, all the deductions such as standard deductions, deductions from house property, and deductions under chapter VIA of the Income Tax Act such as 80C, 80D, 80E, 80G, etc. will be available. The Tax slab under the Old tax regime will be as under : Income Range Tax Rate Upto Rs. 2.5 lacs Nil Rs. 2.5 lacs to 5 lacs 5% Rs.5 lacs to 10 lacs 20% Above 10 lacs 30% Plus there will be surcharges etc. as per the Act. New Tax Regime : Under the New tax regime, the tax slabs and rate of tax are different. However, there are no deductions available except standard deduction from salary and House property. i.e. tax will have to be paid on total income without deductions. The Tax slab under the New tax regime is as under : Income Range Tax Rate Upto Rs.3 lacs Nil Rs.3 lacs to Rs.6 lacs 5% Rs.6 lacs to Rs.9 lacs 10% Rs.9 lacs to Rs.12 lacs 15% Rs.12 lacs to Rs.15lacs 20% Above Rs.15 lacs 30% Plus there will be surcharges etc. as per the Act. Old Tax Regime Vs. New Tax Regime - Which is better? The decision to choose old tax regime or new tax regime depends on whether you have investments under Chapter VIA and other deductions such as house property interest etc. The same is also based on the fact as how much is your total income. The calculations has to be done under both regime and then it can be decided as to which scheme is better. You can connect to our tax experts to help make this decision at www.karrtax.in When to opt for New or Old Tax Regime : For Salaried & other Income taxpayers, the option to choose old tax regime is available at the time of filing of ITR and in the ITR form only the option can be exercised. The option can be changed year to year i.e. it can be switched from old to new and vice versa every year depending on the benefits. However, in the case of taxpayers having a business income, the option has to be exercised before filing ITR through the separate filing of Form 10IE. The option once exercised can be changed once only. One important thing to note here is that the filing of Form 10IE should be done before the due date of filing of Income tax return i.e. 31st July in case of non-audited cases and 31st Oct. in case of audited cases. If the option is exercised after the original due date of filing of ITR, the same will not be granted and the tax will be levied under new tax regime only. Frequently asked questions General1 General2 General3 General4 General5 General6 General7 ಕಾಂಪ್-ಕೆಂಬ್ಲಿ9 ಕೆ General9 General Getting Started and Using Magicc Tax Privacy and Security Technical Accounts and Billing Additional FAQs ಯಾವ ITR ನನಗೆ ಉತ್ತಮವಾಗಿದೆ? ಇಲ್ಲಿ ಸಣ್ಣ ರಸಪ್ರಶ್ನೆಯನ್ನು ತೆಗೆದುಕೊಳ್ಳುವ ಮೂಲಕ ನಿಮಗೆ ಯಾವ ITR ಉತ್ತಮವಾಗಿದೆ ಎಂದು ತಿಳಿಯಬಹುದು ➡ ಇಲ್ಲದಿದ್ದರೆ, ಈ ವಿಷಯದ ಕುರಿತು ನಮ್ಮ ಲೇಖನವನ್ನು ನೀವು ಓದಬಹುದು ಇಲ್ಲಿ ಆನ್ಲೈನ್ ಇಂಡಿಯಾ ತೆರಿಗೆ ಫೈಲಿಂಗ್ಗಳು ಸುರಕ್ಷಿತವೇ? ಹೌದು! ಖಂಡಿತವಾಗಿ! ನಾವು! 1. ನಿಮ್ಮ ಡೇಟಾ ನಿಮ್ಮದಾಗಿದೆ! ಆದ್ದರಿಂದ, ಇದನ್ನು ನಮ್ಮ ಸುರಕ್ಷಿತ ತಂಡ 2. ಪಾವತಿ ವಿಧಾನವನ್ನು ಸಂಪೂರ್ಣವಾಗಿ ಸುರಕ್ಷಿತಗೊಳಿಸಲಾಗಿದೆ ಮತ್ತು ಭಾರತದ ನಂ. 1 ಪಾವತಿ ಗೇಟ್ವೇ ಮೂಲಕ ನಿರ್ವಹಿಸಲಾಗಿದೆ: Razorpay! 3. ನಮ್ಮ ವೆಬ್ಸೈಟ್ 100% SSL ಸುರಕ್ಷಿತವಾಗಿದೆ. ಹ್ಯಾಕರ್ಗಳಿಲ್ಲ, ಚಿಂತಿಸಬೇಡಿ! ನನ್ನ ಐಟಿ ರಿಟರ್ನ್ ಅನ್ನು ಯಾರು ಸಲ್ಲಿಸುತ್ತಾರೆ? ನಿಮ್ಮ ITR ಅನ್ನು 20 ವರ್ಷಗಳ ಅನುಭವ ಹೊಂದಿರುವ ತೆರಿಗೆ ತಜ್ಞರು ಸಲ್ಲಿಸಿದ್ದಾರೆ! ಫಾರ್ಮ್ 16 ಎಂದರೇನು? ಆದಾಯ ತೆರಿಗೆ ಕಾಯ್ದೆಯ ಅಡಿಯಲ್ಲಿ ಎಲ್ಲಾ ಅರ್ಹವಾದ ಕಡಿತಗಳ ನಂತರ ಅವರ ಒಟ್ಟು ಆದಾಯವು ತೆರಿಗೆಗೆ ವಿಧಿಸಲಾಗದ ಗರಿಷ್ಠ ಮೊತ್ತವನ್ನು ಮೀರುವ ಪ್ರತಿಯೊಬ್ಬ ಸಂಬಳದ ಉದ್ಯೋಗಿಯು ಅವರ ಅರ್ಹ ತೆರಿಗೆ ಸ್ಲ್ಯಾಬ್ಗಳ ಪ್ರಕಾರ ಅವರ ತೆರಿಗೆಯನ್ನು ಅವರ ಉದ್ಯೋಗದಾತರಿಂದ ಕಡಿತಗೊಳಿಸಬೇಕಾಗುತ್ತದೆ. ಹೀಗಾಗಿ ಉದ್ಯೋಗದಾತನು ತೆರಿಗೆಗೆ ವಿಧಿಸಬಹುದಾದ ಒಟ್ಟು ಆದಾಯವನ್ನು ಹೊಂದಿರುವ ಪ್ರತಿಯೊಬ್ಬ ಉದ್ಯೋಗಿಯ ಆದಾಯದಿಂದ ಮೂಲದಲ್ಲಿ ತೆರಿಗೆಯನ್ನು ಕಡಿತಗೊಳಿಸಬೇಕು ಮತ್ತು ಸರ್ಕಾರಕ್ಕೆ ಕಡಿತಗೊಳಿಸಲಾದ TDS ಅನ್ನು ಠೇವಣಿ ಮಾಡಬೇಕಾಗುತ್ತದೆ. ಖಾತೆ. ಪ್ರತಿ ಉದ್ಯೋಗದಾತರು ಹಣಕಾಸು ವರ್ಷದ ಕೊನೆಯಲ್ಲಿ ಸಂಬಳದ TDS ರಿಟರ್ನ್ ಅನ್ನು ಸಲ್ಲಿಸಬೇಕು ಮತ್ತು TDS ಅನ್ನು ಮೂಲದಲ್ಲಿ ಕಡಿತಗೊಳಿಸಿರುವ ಪ್ರತಿಯೊಬ್ಬ ಉದ್ಯೋಗಿಗೆ ಫಾರ್ಮ್ 16 ಅನ್ನು ಒದಗಿಸಬೇಕು. ಹೆಚ್ಚಿನ ವಿವರಗಳಿಗಾಗಿ ಇದನ್ನು ಪರಿಶೀಲಿಸಿ ➡
- ITR - 5 | Karr Tax
: Utilize our user-friendly online platform to file your ITR-5 Return hassle-free and ensure the use of all eligible tax benefits and deductions. It offers the ITR-5 filing steps, relevant provisions of Income Tax and other procedural details. ITR - 5: Price List ಐಟಿಆರ್ 5 ಫೈಲಿಂಗ್ಸ್ ಎ.ವೈ.ಆರ್. 2020-21 ನೀವು ಒಂದನ್ನು ಆರಿಸಿ ₹2999 For Firms/AOP Takes 1-2 Days on average. ✅ Expert Assisted ✅ Completely Secure ✅ Affordable Pricing Get Started ITR - 5: FAQ ITR-5 Return Filing ITR-5, an income tax return form, is specifically designed for firms, Limited Liability Partnerships (LLPs), Association of Persons (AOPs), and Body of Individuals (BOIs). It caters to entities other than individuals, catering to partnership firms, LLPs, AOPs, and BOIs, ensuring they comply with income tax regulations. ITR-5 is particularly applicable to these non-individual entities, serving as the designated form for filing income tax returns . Partnership firms and entities such as AOPs and BOIs utilize ITR-5 to report their income, ensuring accurate disclosure of financial details and adherence to tax norms. Understanding how to file ITR-5 is crucial for these entities to comply with income tax regulations and fulfill their tax obligations. ಐಟಿಆರ್ 5 ಯಾರಿಗಾಗಿ ಅರ್ಹತೆ ಐಟಿಆರ್ -5 ಫಾರ್ಮ್ ಅನ್ನು ವೈಯಕ್ತಿಕ, ಎಚ್ಯುಎಫ್, ಕಂಪನಿ ಹೊರತುಪಡಿಸಿ ಎಲ್ಲಾ ವ್ಯಕ್ತಿಗಳು ಮತ್ತು ಐಟಿಆರ್ -7 ಸಲ್ಲಿಸಲು ಅಗತ್ಯವಿರುವ ವ್ಯಕ್ತಿಗಳು ಸಲ್ಲಿಸಬೇಕಾಗುತ್ತದೆ. ಐಟಿಆರ್ -5 ಸಲ್ಲಿಸಲು ಅರ್ಹರಾದ ವ್ಯಕ್ತಿಗಳು ಈ ಕೆಳಗಿನಂತಿವೆ: ಒಂದು ಸಂಸ್ಥೆ; ಸೀಮಿತ ಹೊಣೆಗಾರಿಕೆ ಸಹಭಾಗಿತ್ವ; ಅಸೋಸಿಯೇಷನ್ ಆಫ್ ಪರ್ಸನ್ಸ್ (ಎಒಪಿ); ವ್ಯಕ್ತಿಗಳ ದೇಹ (ಬಿಒಐ); ವಿಭಾಗ 2 (31) (vii) ನಲ್ಲಿ ಉಲ್ಲೇಖಿಸಲಾದ ಕೃತಕ ನ್ಯಾಯಾಂಗ ವ್ಯಕ್ತಿ (ಎಜೆಪಿ); ಸೆಕ್ಷನ್ 160 (1) (iii) ಅಥವಾ 160 (1) (iv) ನಲ್ಲಿ ಉಲ್ಲೇಖಿಸಲಾದ ಸ್ಥಳೀಯ ಪ್ರಾಧಿಕಾರ; ಸಹಕಾರಿ ಸಂಘ; ಸೊಸೈಟಿಗಳ ನೋಂದಣಿ ಕಾಯ್ದೆ, 1860 ರ ಅಡಿಯಲ್ಲಿ ಅಥವಾ ಯಾವುದೇ ರಾಜ್ಯ ಕಾನೂನು ಟ್ರಸ್ಟ್ ಅಡಿಯಲ್ಲಿ ನೋಂದಾಯಿತ ಸೊಸೈಟಿ (ಐಟಿಆರ್ -7 ಫಾರ್ಮ್ ಸಲ್ಲಿಸಲು ಅರ್ಹವಾದ ಟ್ರಸ್ಟ್ಗಳನ್ನು ಹೊರತುಪಡಿಸಿ) ಮರಣಿಸಿದ ವ್ಯಕ್ತಿಯ ಎಸ್ಟೇಟ್ ದಿವಾಳಿಯಾದ ಎಸ್ಟೇಟ್ ಬಿಸಿನೆಸ್ ಟ್ರಸ್ಟ್ ಅನ್ನು ವಿಭಾಗ 139 (4 ಇ) ನಲ್ಲಿ ಉಲ್ಲೇಖಿಸಲಾಗಿದೆ ಹೂಡಿಕೆ ನಿಧಿಯನ್ನು ಸೆಕ್ಷನ್ 139 (4 ಎಫ್) ನಲ್ಲಿ ಉಲ್ಲೇಖಿಸಲಾಗಿದೆ Who Is Eligible For ITR-5 Filing? The following entities are required to file an ITR-5 return. Firms (including Limited Liability Partnerships - LLPs) Association of Persons (AOP) Body of Individuals (BOI) Artificial Juridical Person Estate of deceased & insolvent Juridical person under section 2(31)(vii) Cooperative Societies Local Authorities ಐಟಿಆರ್ -5 ಅನ್ನು ಸಲ್ಲಿಸಲು ಅಗತ್ಯವಿರುವ ದಾಖಲೆಗಳು Here is the list of entities that are not required to file the ITR-5 form but may use other ITR forms based on their specific circumstances: Individual assessee: Individuals should use the appropriate ITR form according to their sources of income, such as salary, house property, and other sources. Hindu Undivided Families (HUFs): HUFs generally use ITR-2 if they have income from multiple sources. Companies: Companies, whether private or public, have their own set of ITR forms, like ITR-6 or ITR-7, depending on their legal structure and income sources. Taxpayers using ITR-7 Form: Entities falling under Sections 139(4A), 139(4B), 139(4C), 139(4D), 139(4E), or 139(4F) are required to use Form ITR-7 . This includes charitable trusts, political parties, educational institutions, and other similar entities. Structure of the ITR-5 Form The ITR-5 Form is divided into two parts and several schedules. Below is a detailed overview of its structure. Part A: General information This section includes personal information about the taxpayer, including name, address, PAN (Permanent Account Number), and more. Part A-BS: Balance Sheet It reports the details related to the balance sheet, including assets and liabilities, as of the specified date. Part A-Manufacturing Account Here in this section, details of the manufacturing account are included. Part A-Trading Account Information about the trading account for the financial year. Part A-P&L: Profit and Loss Account Includes information about income and expenses for the current financial year. Part A-OI: Other Information Here in this section, details of the manufacturing account are included. Part A-QD: Quantitative Details This section encompasses the quantitative details of various items. Part B: This section calculates and reports the taxpayer’s total income and tax liability. Further, there are 31 schedules, sections, or categories within the form. Part B-TI: Computation of Total Income Details of income, such as salary, house property, capital gains, business/profession income, and other sources. Part B-TTI: Tax Liability on Total Income Calculation of tax liability and details of deductions and exemptions. Schedule CG: Capital Gains Computation of income under the details of capital gains. Schedule OS: Income from Other Sources Computation of income under the details of income from other sources Schedule CYLA: Set off of Current Year Losses Information about setting off the current year's losses. Schedule BFLA: Brought Forward Losses of earlier years Information about the setting off of unabsorbed losses brought forward from previous years. Schedule DPM: Depreciation of machinery and plant computation Information about depreciation on plant and machinery under the Income Tax Act Schedule UD: Unabsorbed Depreciation Information about unabsorbed depreciation. Schedule CFL: Carried-forward losses Details of losses that are carried forward in future years. Schedule ICDS: Income Computation Disclosure Standards on Profit Details related to ICDS. Schedule 80G: Donations entitled to deduction under section 80G Information about donations eligible for deductions as per section 80G of the Income Tax Act. Schedule 80GGA: Donations for scientific research or rural development Information about donations for scientific research or rural development is eligible for deductions. Schedule RA: Research associations' transactions on which tax is payable If applicable, information about donations to research associations. Schedule 80IA: Deduction under section 80IA Details about deductions under section 80IA. Schedule 80IB: Deduction under section 80IB Details about deductions under section 80IB. Schedule IF: For partnership firms Details of partnership firms in which the assessee is a partner. Schedule EI: Exempt Income All the income information that is not included in the total income. Schedule PTI: Business trust or investment fund Details of pass-through income from business trusts or investment funds under section 115UB, 115UA. Schedule AMT: Alternate Minimum Tax (AMT) Calculation of Alternate Minimum Tax, payable u/s 115JC. Schedule HP: House Property Details of income from house property . Schedule CG: Capital Gains Computation of income under “Capital Gain” head . Schedule AMTC: Computation of tax credit under section 115JD Information about tax credits, if applicable. Schedule BP: Business and Profession Information about profit and gains from business or profession. Schedule DOA: Depreciation over other assets Information about the computation of depreciation on other assets Schedule DCG: Deemed capital gains Information about deemed capital gains upon the sale of depreciable assets. Schedule ESR: Expenditure over scientific research Deduction under section 35 on the scientific research expenditure. Schedule DEP: Depreciation on all the assets Summary of depreciation on all the assets. Schedule- 10AA: Deduction under section 10AA Information about the computation of deductions under section 10AA Schedule 80IC / 80IE: Deduction’s computation u/s 80IE or 80IC Computation of deduction under section 80IC/ 80-IE. Schedule 80P: Deductions under section 80P Information about all the deductions under section 80P. Schedule TR: Summary of tax relief claimed for paid taxes Details of tax relief claimed for taxes paid outside India. Schedule GST: turnover/gross receipt reported for GST Details of Goods and Services Tax (GST) turnover/gross receipts. Schedule TPSA: Secondary adjustment to transfer price Secondary adjustment to transfer price under section 92CE(2A). Tax Payments: (i) Advance and self-assessment tax payment details . (ii) Details of TDS (tax deducted at source)on income other than salary (16A, 16B, 16C) (iii) TCS ( tax collected at source) details. Due Dates for Filing ITR 5 Return Following are the due dates for filing the ITR-5 Form. How to File the ITR 5 Return? Filing the ITR-5 form in India involves several steps, and you can choose from various methods, including online and offline. Online Filing To file the ITR 5 Return, you first need to register on the Income Tax Department's e-filing portal (https://www.incometax.gov.in/ ) After logging in to your account, go to the "Download" section and select the relevant assessment year and form number, i.e., ITR-5. Open the downloaded ITR-5 form in a PDF utility or online tax preparation software like Karr Tax Ones. Then, fill out the form with accurate and complete information. Validate the form to check for errors or inconsistencies and generate its XML file. Log in to your e-filing account, navigate to the "Upload Return" section, and select the ITR-5 form. Here, you must upload the XML file generated in the previous step. Once you successfully upload the XML file, you need to verify the return. There are multiple methods available for verification, such as using Aadhaar OTP, EVC (Electronic Verification Code), or sending it by Speed Post to Post Bag No. 1, Electronic City Office, Bengaluru–560500 (Karnataka). Filing ITR-5 online involves using the Income Tax Department's e-filing portal, where entities can fill, download, and submit the form electronically. This online filing process for ITR-5 ensures convenience and ease in compliance for firms, LLPs, AOPs, and BOIs, simplifying the tax filing procedure. ITR-5 download is available on the official income tax e-filing portal, enabling these entities to access the necessary form for reporting their income. Knowing who can file ITR-5 and its applicability to firms, LLPs, AOPs, and BOIs helps these entities in accurately disclosing their financial particulars, fulfilling their tax responsibilities, and maintaining compliance with income tax regulations. Offline Filing For the offline filing of ITR-5, you can download the form via official Income Tax India website. Print the form and fill it out manually or you can for a bar-coded return as well. Important Points To Note: Annexure or document such as TDS certificates should not be attached to the return form while filing ITR-5. If any such documents find enclosed with this return form, then it will be detached and returned to the person filing the return. It is necessary that the taxpayers match the taxes deducted/collected/paid with their Tax Credit Statement Form 26AS. Why Choose Karr Tax for ITR-5 Form Filing? ●Experience and Expertise At Karr Tax, we have a team of experienced tax professionals who are better equipped to handle various tax scenarios. You will get expert guidance throughout the filing process and assurance that your return is adhering to all the compliances with tax regulations. Also, tax laws and regulations change frequently in India. That’s why we always remain up-to-date with them to provide the best ITR-5 form filing services. Data Security Tax-related information contains sensitive and confidential data; that’s why we prioritize its security. We use robust data security measures and the latest encrypted technologies to protect your personal and financial information. ●Client Support Our team of experts is available round the clock to solve all your queries and concerns. You can expect real-time assistance whenever you need it through multiple communication channels, such as phone, email, live chat, or dedicated client portals. ●Affordable & Convenient Karr Tax online filing portal offers user-friendly interfaces and step-by-step guidance to simplify the tax filing process. Also, our ITR-5 filing services are affordable, but it doesn't mean we compromise on quality or accuracy. Our sole aim is to provide you with excellent services at the best price possible. ●Additional Services Along with ITR-5, we offer several other services as well, such as GST return filing , TDS Return filings, TAN registrations, and many more. Moreover, you can visit our official website, i.e., https://www.karrtax.in/ to know more about our different services. Frequently Asked Questions Who is required to file the ITR-5 form? The ITR-5 form is filed by Partnership Firms including LLPs, Association of Persons, Body of Individuals, Artificial Juridical Persons, Estate of the deceased and insolvent, and Investment fund. 2.Is DSC required for ITR-5 return filing? If your accounts are audited u/s 44AB, it is mandatory to verify them via DSC or digital signature otherwise it can be validated through Aadhar OTP of partner. 3. Can a salaried person file ITR 5? No, this form is not filed by an individual salaried person. There are other forms like ITR-1 ,2 which they can file. 4. What are the consequences of not filing ITR 5 or filing it after the due date? Failing to file ITR 5 or filing it after the due date may result in penalties and interest. You may also lose certain benefits and deductions under the Income Tax Act. 5. How can Karr Tax help you with ITR-5 filing? Our tax professionals will help you with the actual preparation and submission of your ITR-5 electronically. Also, we’ll guide you on minimizing your tax liability by taking advantage of available deductions and exemptions.


