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Ensure tax compliance effortlessly with our expert ITR-7 return filing services, a worry-free and smooth experience. ITR - 7: Price List आयटीआर 7 फिलिंग्ज ए.वाय.आर. 2021-22 ₹4499 For Trusts/Societies etc. Takes 1-2 Days on average. ✅ Expert Assisted ✅ Completely Secure ✅ Affordable Pricing Get Started सर्व ITR बद्दल 7 ऑनलाईन भरणे A.YR.2021-22 1. आयटीआर -7 यू / एस 139 (4 ए) अशा व्यक्ती ज्यांचे उत्पन्न संपत्तीद्वारे आहे पूर्णपणे किंवा अंशतः धर्मादाय किंवा धार्मिक ट्रस्टसाठी वापरली जाते आणि अशी मालमत्ता कायदेशीर बंधन किंवा ट्रस्ट अंतर्गत असणे आवश्यक आहे. اور 2. आयटीआर -7 यू / एस 139 (4 बी) हा विभाग विशेषत: राजकीय पक्षांना लागू आहे. कलम १A ए नुसार राजकीय पक्षांना आयकर-7 फॉर्मद्वारे वार्षिक रिटर्न भरल्यास आयकर विवरणपत्र भरण्यास सूट देण्यात आली आहे. اور 3. आयटीआर -7 यू / एस 139 (4 सी) या अंतर्गत आयटीआर -7 पुढील संस्थांद्वारे दाखल केले जातेः असोसिएशन शास्त्रीय संशोधन करीत आहे बातमी एजन्सी संघ 10/23 (23 ए) इतर संस्थांनी आपली नावे 10 (23 बी) मध्ये नोंदविली اور 4. आयटीआर -7 यू / एस 139 (4 डी) आयकर कायद्याच्या कलम (35 (१) (ii) आणि (iii) मध्ये नमूद केलेली शाळा, महाविद्यालये आणि संस्था यांना या नियमन अंतर्गत आयटीआर -7 दाखल करणे आवश्यक आहे. اور 5. आयटीआर -7 यू / एस 139 (4 ई) व्यवसायाच्या ट्रस्टद्वारे रिटर्न ऑफ इन्कम भरणे اور 6. आयटीआर -7 यू / एस 139 (4 एफ) गुंतवणूक निधीद्वारे मिळकत परतावा भरणे What Is The ITR 7 Form? The ITR-7 form is mandated for entities that derive income from properties meant for charitable or religious purposes. These may be held partially or entirely under trusts or legal obligations. Eligibility Criteria For ITR-7 Return Filing The following entities are required for ITR-7 return fling u/s: 139(4A) Receiving income from property held under trust or other legal obligation, wholly or partially for charitable or religious purposes. Income from voluntary contributions. 139(4B) Political parties whose income exceeds the maximum amount not chargeable to tax. 139(4C) Scientific Research Associations Hospitals Funds Educational Institutions or Universities Associations or Institutions mentioned in Section 10(23A) News Agencies Institutions referred to in Section 10(23B) 139(4D) Every college, university, or association is not required to furnish details of the return of income or loss under any other provision of this section. 139(4E) Business trusts return filing income. 139(4F) Investment funds referred to in section 115UB. If you need clarification regarding your eligibility, get in touch with our experts at https://www.karrtax.in/ . Who Is Not Required To File ITR-7 Return Entities who are not claiming exemption under Section 139 (4A), Section 139 (4B), Section 139 (4C), or Section 139 (4D). Last Date for Filing ITR-7 Form The deadline for submitting the ITR-7 Form varies based on whether the taxpayer's accounts require an audit. It's advisable for taxpayers to stay informed about any updates or changes in the filing deadlines to avoid any potential penalties or consequences. Structure of ITR-7 Form Part-A: General Information about the trust or institution Part-B: Outline of Total Income and Tax Computation Procedure To File ITR 7 Returns The sequence below should be followed properly to file an ITR-7 return. Part A Part B Schedules Verification Now, there are two different ways to furnish the information as specified by the Income Tax Department of India. ITR-7 can be filed electronically using a digital signature certificate for authentication or through various other modes such as aadhar OTP, bank EVC etc. After electronically transmitting the return, the taxpayer must submit the return verification in the ITR-V Return Form & print its copies. Then, one copy of the signed ITR V Form should be sent via speed post to the following address: Bag No.1, Electronic City Office, Bengaluru - 560100 (Karnataka) The assessee should retain the other copy of the signed ITR V Form for their records. E-filing Audit Reports If the taxpayer is subject to audit under section 11 or 44AB or any other laws such as Trust Act/Societies Act, details of the audit reports and the date of furnishing should be submitted to the income tax department under "Audit Information." No Annexures Required No additional documents are required to be attached while filing the ITR 7 Form. (including TDS certificate) Pro Tip: It is very important to cross-verify taxes deducted or collected according to your Tax Credit Statement (Form 26AS) Verification of Form ITR-7 Step-by-step procedure to fill out the verification document. Complete all required information. Carefully strike out any sections or details that do not apply to your specific filing. Ensure that the verification document is signed before submitting the return. Choose the appropriate designation or capacity of the return signing person. For political parties, the CEO or secretary is obligated to verify the return using a Digital Signature Certificate (DSC). Other individuals have the following verification options: Digital Signature Certificate (DSC) Electronic Verification Code (EVC) Mode Physical Verification (ITR-V) How Can Karr Tax Help You With ITR-7 Return Filing? ●Specialization in ITR-7 Filings Trusts, political parties, institutions, and colleges present unique challenges regarding income sources, exemptions, and reporting structures. That’s why our experts specialize in handling ITR-7 return filings and ensure a thorough understanding of the complexities associated with different form categories. ●Dedicated Audit Support The platform offers dedicated support for the audit process, a crucial aspect for entities required to file ITR-7. This includes collaboration with experienced auditors to ensure compliance with audit provisions under section 11 or 44AB of the Income Tax Act. ●User-Friendly Interface Our platform is designed to provide a seamless experience, guiding users through each step of the filing process. This makes it accessible even for those without an in-depth understanding of tax laws. ●Regular Updates on Tax Regulation s Karr Tax keeps clients informed about the latest changes in tax regulations and ensures that their filing processes are aligned with the most up-to-date guidelines. We frequently post blog posts regarding law changes, so keep an eye on https://www.karrtax.in/articles . ●Secure Data Handling Security is our top-most priority. Our platform employs robust security measures to safeguard sensitive financial information, providing clients with the assurance that their data is handled with the utmost confidentiality. ●Prompt Response to Notices In case of any notices or inquiries from tax authorities , Karr Tax ensures prompt responses. The platform assists clients in understanding and addressing any issues raised by tax authorities, facilitating a smoother resolution process. FAQs (Frequently Asked Questions) 1. What is ITR-7? ITR-7 is the Income Tax Return form specifically designed for persons or entities such as Trusts/Societies/Educational Institutions/schools/Colleges/Political Parties, including companies falling under Section 139(4A), 139(4B), 139(4C), 139(4D), 139(4E), and 139(4F) of the Income Tax Act, 1961. 2. How to calculate income for filing ITR-7? The income for ITR-7 is computed by aggregating income from all sources, including Salary, House property, Business or profession, Capital gains , and Other sources . Deductions under various sections are then applied to determine the taxable income. 3. Is it required to furnish information regarding any project or institution run by the assessee? Yes, filling in all the required information about the project or institutions run by the assessee is necessary. This includes: Name, Nature of the activity, Approval of the school, college, university, hospital, or research institution, Details of registration/ provisional registration. 4. What is the penalty for not filing ITR-7 on time? If ITR-7 is not filed within the due date, a penalty under section 234F may be applicable. The penalty amount varies based on the delay in filing. 5. Can ITR-7 be filed in response to a notice or order? Yes, ITR-7 can be filed in response to a notice or order issued by the income tax authorities. When filing in response to a notice or order, taxpayers should provide specific details. This includes entering the Document Identification Number (DIN) or Unique number and the date of the relevant statutory notice. 6. Can Karr Tax help me determine my eligibility for ITR-7 return filing? Yes, our tax experts are here to help you round the clock with all your queries. Write us here: https://www.karrtax.in/ and we will get back to you as soon as possible. 7.How Form 26AS is related to ITR-7? Form 26AS is a comprehensive tax credit statement that offers a consolidated view of the taxes deducted at source (TDS ), taxes collected at source (TCS), and advance tax payments made on behalf of the taxpayer during a specific financial year. It ensures that the information reported in ITR-7 aligns with the data recorded by tax authorities ITR-7 डाउनलोड करा

Learn the process of TAN registration to get a Tax Deduction and Collection Account Number for smooth tax deduction and collection procedures. टॅन [कर सवलत खाते क्रमांक] नोंदणी ₹399 Apply for TAN online Takes 1-2 Days on average. ✅ Expert Assisted ✅ Completely Secure ✅ Affordable Pricing Get Started टॅन काय आहे? टॅक्स कपात किंवा संग्रह खाते क्रमांक टीएएन म्हणून देखील ओळखला जातो जो आयकर कायद्यातील कलम 203 ए कर वजा करण्यास किंवा वसुलीसाठी जबाबदार असणा persons्या सर्व व्यक्तींकडून प्राप्त केला जाऊ शकतो. اور टीएएन एक 10 अंकी अल्फान्युमेरिक नंबर आहे जो आयकर विभागाने फॉर्म 49 बी मध्ये अर्ज भरल्यानंतर प्रदान केला आहे. اور टॅन कसा लागू केला जाऊ शकतो? اور टॅनचे अर्ज www.tin-nsdl.com वर ऑनलाईन सबमिट केले जाऊ शकतात किंवा एनएसडीएलच्या टिन सुविधा केंद्रांवर [टीआयएन एफसी] देखील फॉर्म सादर केला जाऊ शकतो. اور اور टीडीएस रिटर्न भरण्यासाठी किंवा चालान दाखल करण्यासाठी टॅन अनिवार्य आहे का? اور फॉर्म २Q क्यू, २Q क्यू, २Q क्यू, २E ईक्यू इत्यादी विविध टीडीएस परतावा भरताना टीएएनचा उल्लेख करणे अनिवार्य आहे. اور तसेच टीडीएस नंबरशिवाय टीडीएस भरणा करता येणार नाही. पेमेंट करण्यासाठी चालानात टीएएन असणे आवश्यक आहे. اور टीएएन अर्ज भरण्यासाठी आवश्यक कागदपत्रे काय आहेत? اور सध्या, टीएएन अर्जाशी कोणतीही कागदपत्रे जोडण्याची आवश्यकता नाही. अर्जदाराचे वैयक्तिक तपशील जसे की नाव, पत्ता, पॅन, मोबाइल आणि ई-मेल आयडी इत्यादी आवश्यक असतात. फॉर्मवर अर्जदाराची शारीरिक स्वाक्षरी असणे आवश्यक आहे. ऑनलाईन अर्जाच्या बाबतीतही फॉर्म ऑनलाईन भरल्यानंतर व भरल्यानंतर मुद्रित फॉर्मवर स्वाक्षरी करुन पुणे येथील टीआयएन केंद्रात जमा करावे. हे पोस्ट किंवा कुरिअरद्वारे पाठविले जाऊ शकते. اور सामान्यत: किती दिवस टीएएन दिले जाते? अर्ज पूर्ण झाल्यास, अर्ज सादर केल्यापासून 10 दिवसांच्या आत सामान्यत: टीएएन देण्यात येतो. टॅन अर्जाची स्थिती www.tin-nsdl.com वर देखील तपासली जाऊ शकते. टॅन भरण्यासाठी फी आहे का? اور सरकार टीएएन अर्जासाठी फी रू ..6 / / - आहे. तथापि, आपण आमच्या सेवांचा लाभ घेऊ इच्छित असल्यास आमचे शुल्क रू .399 / - असेल. टीएएनचे तपशील दुरुस्त करता येतील काय? होय एक टॅन दुरुस्ती फॉर्म देखील आहे जो टीएएन मध्ये तपशील बदलण्यासाठी दाखल केला जाऊ शकतो (त्यात काही त्रुटी असल्यास त्या दुरुस्त करायच्या आहेत) اور TAN Registration TAN is required for quoting while filing TDS/TCS/Annual Information Returns, payment challans, and certificates. If this ten-digit alphanumeric number is not quoted, TIN facilitation centers will not accept the filed returns. In this article, we will explain, How to know the TAN number TAN registration process at TRACES and Income Tax. How To Know the TAN Number? TAN number is issued by the Income Tax Department of India to all individuals collecting or deducting tax. It is necessary to quote TAN on all TDS or TCS returns under section 203A of the Income Tax Act, 1961. Below is a step-by-step guide on how you can know your TAN number! Prerequisites: Registered mobile number Deductor TAN or Deductor Name Deductor State Visit the official Income Tax website , and under quick links, click on the “Know Your TAN” option. 2. Then, the below screen will appear, where you are required to enter all the mandatory details. After mentioning all the details, click on “Continue”. 3. Finally, an OTP will be sent to your mobile number which you are required to enter and click on the “validate” button. 4. Once the OTP validation is completed, all the TAN details will be shown. Step-by-Step Guide on Registering TAN on the TRACES Portal Open the official TRACES portal and click on the “Continue” button. 2. On the title bar, click on deductor, and then “Register as New user.” 3. The below screen will appear; here, you have to enter TAN details as per details from "Know Your Tan." Then, click on “Proceed.” 4. After the successful confirmation, an activation link will be sent to your mail along with two different activation codes to the registered mail id and mobile number. 5. Open the activation link and enter the User ID + both Activation Codes. 6. Click on the activation link within 48 hours; otherwise, it will get deactivated, and you’ll be required to register again. Finally, the TAN registration process is completed, and deductors can now log in through their user ID and password generated. Step-by-Step Guide on Registering TAN on The Income Tax Portal Prerequisites For TAN Registration Active and valid TAN PAN of the principal contact (registered on the IT portal) Visit the official income tax e-filing portal and click on “Register.” 2. After clicking "Register," you'll be prompted to select your category. Choose "Others" from the options provided. Then, under the category dropdown menu, select "Tax Deductor and Collector." 3. Enter your TAN number in the designated field and click on the "Validate" button. 4. Depending on your TAN's status, you'll encounter different situations: Situation I) If your TAN is already registered on the TRACES website and a request for registration on the e-filing portal is made, simply click on "Continue" to view the pre-filled details. Double-check all the details and click on ‘Continue’. Situation II) If your TAN is not registered on TRACES and the request for registration on the e-filing portal has not been made, you must register on TRACES first (as explained above). Upon successful registration, you'll be directed back to the e-filing portal. Fill in your basic details and click on "Continue." Situation III) If the TAN is already available in the database and the registration request is previously raised and pending for approval. In such a situation, an error message will appear, and you can withdraw the process. 5. Enter all details of the individual collecting tax or making payments, and click Continue. 6. Fill in all the contact details, such as postal address, registered mobile number, and email ID. Click on "Continue" to proceed. 7. Now, two different OTPs will be sent to both the primary mobile number and email ID. Enter both of them and click “Continue.” 8. Review all the details. If any corrections are necessary, you can edit them in this step. Then click ‘Confirm.’ 9. Finally, you'll need to set a password for your e-filing account. Enter in both the "Set Password" and "Confirm Password" text boxes. Upon successful registration, you'll receive a confirmation message along with a transaction ID. Make sure to keep a note of this transaction ID for future reference. How Can KarrTax Help You With TAN Registration? At KarrTax, our experts will get our TAN registration done smoothly and without any headaches. Most importantly, we want to keep it affordable for businesses of all sizes; that’s why we charge a bare minimum amount, i.e., ₹399. On average, the process completion will take 1 to 2 business days. With KarrTax, you can be sure your TAN registration is done right. So, what are you waiting for? Get started here . Frequently Asked Questions (FAQs) 1.What is TRACES, and who is eligible to register on this platform? TRACES is the Income Tax Department’s web portal, particularly used for TDS administration. The following entities can register on this platform. Deductor Taxpayer PAO 2.What are the charges for your TAN registration process? Our TAN registration process charges are ₹399. Click here to start the procedure. 3.What is the purpose of TAN registration? TAN registration facilitates the deduction or collection of tax at source as per the provisions of the Income Tax Act. It helps in identifying deductors/collectors, tracking tax-related transactions, and ensuring compliance with tax laws. 4.How long does it take to get a TAN after applying? The processing time for TAN registration can vary. Usually, it takes 7-10 working days for TAN allotment by NSDL. However, the timeline may vary according to several factors, such as processing time, etc. 5.Is it mandatory to quote TAN on tax-related documents? Yes, it is mandatory to quote TAN on all tax-related documents, including TDS/TCS returns, challans, and certificates issued to deductees/collectees. Failure to do so may attract penalties under the tax laws. 6.What documents are required for TAN registration? Below are the required documents for TAN registration. Aadhar card PAN card Electricity bill of the individual or company Registration certificates 7.Is it possible to track the status of my TAN application? Absolutely, yes! Use your 14-digit unique acknowledgement number and send an SMS - NSDLTAN to 57575 or contact the TAN call centre at 020 – 27218080. फॉर्म 49 बी

Download Form 26AS and Annual Information Statement (AIS). Find all the details about Form 26AS and AIS here. आता फॉर्म 26 एएस डाऊनलोड करा मूलभूत १.1 49 26AS फॉर्म डाऊनलोड करणे (आयकर फाइलिंग साइटवर आधीपासून नोंदणीकृत असल्यास) मला क्लिक करा मानक २.2 49 प्राप्तिकर ई-फाईलिंग साइटवर नोंदणी करणे आणि फॉर्म 26 एएस डाउनलोड करणे समाविष्ट आहे मला क्लिक करा फॉर्म 26 एएस / फॉर्म 26 एएस म्हणजे काय? When filling out income tax returns, a number of documents are required. Among them, one such is Form 26AS or Tax Credit Statement. Previously, the taxpayers were required to get this form manually but now, it can be downloaded online within a few minutes. Do you know what is the download procedure? What information does Form 26AS include? What is its structure? KarrTax experts will answer everything here. All you need to do is keep reading till the end! What is Form 26AS? It is a consolidated tax statement issued by the Income Tax Department of India which provides details of the Tax deducted at source (TDS), Tax collected at source (TCS), All NRIs who have any sort of income source in India and whose TDS has been deducted must have a PAN and register with the IT department to claim that and view Form 26AS. Information Available In Form 26AS Form 26AS contains various pieces of information related to a taxpayer's tax transactions. Here's a breakdown! Tax deducted at source (TDS) from various income sources such as salary, interest income, rental income, commission, etc by all the tax deductors. Tax Collected at Source (TCS) by all the tax collectors. Details of Income Tax refunds Details of tax deducted on selling immovable property Details of turnover according to GSTR-3B. Structure and Parts of Form 26AS? Form 26AS consists of several parts, each providing specific information related to the taxpayer's tax transactions. Below is a detailed explanation! Part-I: Details of Tax Deducted at Source (TDS) This section includes details of taxes deducted from various income sources like salaries, interest, pensions, etc., along with the deductor's name, TAN , and the amount of tax deducted. Part-II: Details of Tax Deducted at Source for 15G/H It includes all the details about TDS for Form 15G/15H. If there are none, it will show “No Transactions Present” PART-III: Details of Transactions under Proviso to section 194B/First Proviso to sub-section (1) of section 194R/ Proviso to sub-section(1) of section 194S PART-IV: Details of Tax Deducted at Source u/s 194IA / 194IB / 194M/ 194S (For Seller/Landlord of Property/Contractors or Professionals/ Seller of Virtual Digital Asset) The following details are included in this section, TDS on payment to contractors and professionals (resident)u/s 194M TDS on immovable property sale, u/s194(IA) TDS on property rent u/s 194IB PART-V: Details of Transactions under Proviso to sub-section(1) of section 194S as per Form-26QE (For Seller of Virtual Digital Asset) PART-VI-Details of Tax Collected at Source PART-VII-Details of Paid Refund (For which source is CPC-TDS. For other details, refer AIS at E-Filing Portal) PART-VIII-Details of Tax Deducted at Source (TDS) u/s 194IA/ 194IB /194M/194S (For Buyer/Tenant of Property /Person making payment to contractors or Professionals / Buyer of Virtual Digital PART-IX-Details of Transactions/Demand Payments under Proviso to sub-section(1) of section 194S as per Form 26QE (For Buyer of Virtual Digital Asset) PART-X-TDS/TCS Defaults* (Processing of Statements) How To Download & View Form 26AS? Here's a step-by-step guide to help you download and view Form 26AS. Go to the official website of the Income Tax Department of India and log in using your PAN and password. 2. On the dashboard, click on “e-file”, then “Income Tax Returns ”, and “View Form 26AS” 3. After clicking on “View Form 26AS”, the below dialogue box will appear, where you have to click on “confirm” to proceed further. 4. In this step, you will be redirected to Traces' website; tick the checkbox, and click on “Proceed.” 5. The below screen will appear, where you to have to click on “ View Tax Credit (Form 26AS/Annual Tax Statement) to view your Form 26AS/Annual Tax Statement.” 6. Now, select “Assessment Year” and “View As” from the drop-down list. It would be great if you recheck your PAN, name, and address for confirmation. 7. If you want to view the form online, select “View As”: “HTML.” On the other hand, If you wish to download, click on “Export As PDF.” Benefits & Importance of Form 26AS Form 26AS proves beneficial in many circumstances. Verifying tax deductions: Form 26AS allows taxpayers to check if the taxes deducted from their income by employers or other parties match the amounts actually deposited with the tax authorities. Resolving tax discrepancies: If there are discrepancies between tax credits claimed and taxes deducted by deductors, Form 26AS serves as a reference for rectifying errors. Verification of refunds: Taxpayers can use this form to verify the status of refunds processed by the tax authorities during the applicable financial or assessment year. Detailed record of financial transactions: This form allows taxpayers to view a detailed record of all financial transactions involving Tax Deducted at Source and Tax Collected at Source for the relevant financial year. Annual Information Statement (AIS) On November 1, 2022, the IT department launched AIS, a comprehensive report detailing taxpayers' various financial activities. It aims to gather new and detailed information about income and transactions to ensure accurate tax reporting and compliance. For instance, banks submit Form 15CC for payments made to non-residents (NRIs) and transfer agents and depositories report off-market transactions. Employers also upload salary breakup details onto the TRACES portal, which are subsequently included in the AIS. To know more about the AIS form in detail, click here . Frequently Asked Questions (FAQs) 1. How can I access my Form 26AS? You can view and download Form 26AS through the Income Tax Department's website by logging in with your PAN and password. 2. What is Form 26AS, and what is its importance? Form 26AS is a tax statement issued by the Income Tax Department of India. It contains details of tax deducted, collected, advanced, and deposited with the government against the taxpayer's PAN. 3. How often is Form 26AS updated? Form 26AS is typically updated periodically, usually on a quarterly basis.

Find accurate HSN and SAC codes for your products and services with our tool, ensuring precision in GST and international trade transactions. HSN and SAC Code Search Search HSN/SAC Code Description HSN/SAC Code Description HSN/SAC Code Description Previous Loved our tool? Spread the Word on Twitter Next How to use Karr Tax HSN-SAC Code Finder? The process of using our HSN-SAC Code Finder is easy and seamless. Here’s how! Above, you are required to enter the HSN/SAC code or Description and click on “Search.” What is HSN Code? HSN, or Harmonized System of Nomenclature, is a global standard for categorizing goods in a systematic manner. It came into effect from the year 1988 and was developed by the World Customs Organization (WCO). Further, HSN is a 6-digit code that is used to classify more than 5,000 products and is accepted worldwide. How does the the HSN Code work? The HSN is a standardized system used globally to name and classify products traded internationally. Adopted by over 200 countries, it covers nearly 98% of all merchandise traded worldwide. The HSN code plays an important role in taxation, particularly under the GST (Goods and Services Tax) regime , as it identifies a specific product or category. This system operates under a set of rules that outline the principles and methods of classification. These rules maintain uniformity and accuracy in applying HSN codes and resolve any discrepancies that may arise. These codes also serve valuable business purposes, like: Determine eligibility and benefits under trade agreements Ease the trade statistics collection and analysis. Provides a common language for product classification. Understanding the HSN Code Generally, HSN codes contain: 21 sections 99 chapters 1244 headings 5224 subheadings The HSN code follows a hierarchical structure: Each chapter is identified by a two-digit HSN number. These two-digit numbers are then further classified into four-digit HSN codes. Finally, the four-digit HSN codes are subdivided into six-digit HSN codes, offering the most detailed classification level. Later on, the Customs and Central Excise authorities added two more digits to the 6 digit HSN code to make it more precise. This resulted in a 8-digit classification and was done to align with the GST regime. Let’s understand this with an example. As you can see in the image below will be 10.06.30 The first two digits indicate the chapter, i.e., 10, heading 06, and subheading 30. Source What is the importance of HSN Codes? The HSN (Harmonized System of Nomenclature) code is a classification system used globally to organize and categorize various products. Here’s its importance. It provides a systematic and logical method for classifying goods, considering factors like material, function, and origin. These codes ensure uniform classification of goods across different countries. This ultimately minimizes the chances of disputes and errors in trade transactions. With that being said above, 98% of international trade stock is classified in terms of HSN, which further proves it as best form of international classification. As new products emerge or old ones become less common, the HSN system can be updated to reflect these changes. Using the same codes worldwide ensures consistency and fairness in trade. Declaration of HSN Code for Goods and Services Aggregate Turnover Type Of Invoices No of Digits of HSN Code Above Rs. 5 Crores All Invoices 6 Digits Upto Rs. 5 Crores B2B Invoices 4 Digits (Vide CGST notification number 78/2020 dated 15th October 2020) Note: For all the dealers who are into imports or exports must have 8 digits of the HSN code. What is SAC Code (Service Accounting Code) in GST ? SAC code is a classification system used to identify the different types of service and the applicable GST rate for that service. Based on the Harmonized System of Nomenclature, these codes enable the compliance of GST based on international standards. Understanding the SAC Code Let’s say the SAC code for Information technology (IT) design and development services is 998314. (as found using Karr Tax HSN and SAC Code Search ) The first two digits, i.e., 99, are the same for all services in SAC. The next two digits show the nature of services, which here are IT services. The last two digits show the detailed nature of services, i.e., Design and Development services. What is the importance of SAC Codes? The importance of the SAC code is explained below. It maintains uniformity in the tax system and ensures businesses are taxed correctly based on the specified rates. Through SAC codes, the different types of services, along with their applicable tax rates, can be found easily. It adheres to compliance and simplifies the process of tax calculation and GST return filings. These codes can help the Government of India to monitor and collect taxes more efficently. Frequently Asked Questions (FAQs) Is HSN and SAC code the same? No, HSN and SAC codes are not the same. The difference between them is that HSN codes are meant for goods, while SAC codes are used specifically for services. 2. Will a GST bill be valid without an HSN code? Absolutely, No! GST bills will not be valid without HSN codes. 3. What is the HSN and SAC code used for? HSN codes are used to clasify goods; on the contrary, SAC codes are used for the classification of services. 4. Is the HSN code is of 8 digits? Yes, the businesses engaged in the export and import of goods mandatorily have 8 digits of the HSN code. 5. How can I add/amend the HSN code in the registration under the GST portal? Here are some of the steps to add an HSN code to the GST portal, Open the official GST website and log in. Head to the 'Services' section on the dashboard. From the 'Services' menu, select 'Registration' followed by 'Amendment of Registration Non-core fields'. On the subsequent page, click on the 'Goods and Services' tab. Within the 'Goods and Services' section, choose the 'Goods' tab. Now, you can search for the relevant HSN chapter by entering the HSN code or the item's name. Then, click on 'Save and continue.' Complete the verification process and submit your amendments using either a Digital Signature Certificate (DSC) or an Electronic Verification Code (EVC). GST Filings Made Simple! File your GST with Expert Guidance now!

Use our HRA exemption calculator to simplify your tax planning. Determine your HRA exemption calculation benefits easily today. एचआरए सूट कॅल्क्युलेटर Step 1 of 2 Step 2 of 2 कृपया वार्षिक आकडे टाका. मी दिल्ली, मुंबई, कोलकाता किंवा चेन्नई येथे राहतो गणना करा HRA Exemption Calculator The House Rent Allowance (HRA) is a vital component of employees' salary structures, providing financial relief for those who incur rental expenses. It's a part of the salary that's specifically meant to cover the cost of renting a home. But do you know about HRA exemption under the Income Tax Act? You can use it to save on taxes! Here’s how it works. What Is an HRA Calculator? However, not the entire HRA amount is tax-free, but you can use our HRA calculator to determine the exempt portion. Here’s how you can use it. As it is clearly visible, our HRA exemption calculator is pretty straightforward to use. All you need to do is enter the following information. HRA received Basic Salary Rent Paid Specify whether you live in a metropolitan city. Let’s understand this more with an example. Suppose Naina works in a company named XYZ, located in Jaipur. Here, her Monthly salary is ₹ 800000 Dearness Allowance is ₹ 70000 p.m, and Actual HRA is ₹ 25000 p.m. Monthly Rent ₹ 20000 The Exempt HRA will be least of the following : (a) 40% of Basic Salary + DA (b) Actual HRA (c) Excess of Rent paid over 10% of Basic Salary + DA Here : Salary = base salary + DA = (80000+70000) * 12 = INR 20,40,000 HRA paid monthly is INR 25,000 or INR 3,00,000 per year. Rent is INR 20,000 per month or INR 2,40,000 per year. She lives in a non-metropolis city, so (a) 40% of Salary (Basic + DA): 40% of INR 20,40,000 = INR 8,16,000 (b) Actual HRA is 3,00,000 p.a. (c) Excess of Rent paid over 10% of Salary will be Rent paid - 10% of Salary (Basic + DA): INR 2,40,000 - INR 2,04,000 = INR 36,000. Thus, Naina is eligible for a tax deduction of INR 36,000 based on HRA. Get Experts Help & Maximize Your Tax Benefits Today! How Much HRA is Tax Exempted? The whole amount of HRA is not tax-exempt and depends on the three factors below. Actual HRA Received: This is the total amount of HRA you receive from your employer as part of your salary. 50% of Salary (for individuals living in metro cities) or 40% of Salary (for those living in non-metro cities): This is a standard percentage of your basic salary (including dearness allowance, if any). Rent Paid minus 10% of Salary: The actual rent you pay for your accommodation minus 10% of your basic salary. Required Documents For Claiming HRA? The documents below are required to claim HRA. Original rent receipts with details such as the landlord's name, address, and contact information. PAN (Permanent Account Number) details of the landlord if the annual rent paid exceeds Rs. 1,00,000. Copy of the rental agreement signed between the tenant and the landlord. Advantages of Using HRA Calculator Our calculator accurately calculates the part of your rent allowance that you don't have to pay taxes on. It's quick, easy, designed for everyone, and makes no errors. This helps you plan your finances better, knowing how much you can save in taxes. Frequently Asked Questions (FAQs) 1.What Is an HRA exemption calculator? The HRA exemption calculator helps individuals estimate the House Rent Allowance (HRA) exemption they can claim while filing their income tax returns. It considers your salary, HRA received, actual rent paid, and the city of residence to calculate the HRA exemption. 2.Can taxpayers claim HRA and 80GG simultaneously? No, taxpayers are not allowed to claim HRA and 80GG simultaneously. 3.Who is eligible for HRA exemption? Salaried individuals who live in rented properties and get HRA as part of their salary are eligible for HRA exemption. 4.What are the limits of HRA exemption? The three limits of HRA exemption include, (least of them) Actual HRA received 50% of the salary for employees living in metro cities or 40% for non-metro cities. Annual rent paid reduced by 10% of salary. 5.Can HRA be claimed along with home loan deductions? Yes, claiming both House Rent Allowance and home loan deductions simultaneously is possible. 6.Can the individuals working independently or running their own businesses claim HRA? House Rent Allowance is a benefit given by employers to employees to cover their rental expenses. However, self-employed individuals who work for themselves and do not receive a salary from an employer can not claim HRA because they are not in an employer-employee relationship. In simple terms, it is designed as a salary component for employees who incur rental expenses. 7.Is it possible to get HRA benefits when I live in a city different from my workplace? Absolutely! You are eligible to claim House Rent Allowance (HRA) even if you reside in a different city than where you work, as long as you are paying rent for your accommodation.

Discover the benefits of MSME registration for your business. Learn the process, eligibility criteria, and advantages. Acerca डी एमएसएमई नोंदणी ₹499 Register your MSME Takes 1-2 Days on average. ✅ Expert Assisted ✅ Completely Secure ✅ Affordable Pricing Get Started कृपया लक्षात घ्या की MSME म्हणजेच उद्योगम नोंदणी सरकारकडे मोफत आहे. पोर्टल वर दिलेले शुल्क हे फक्त आमचे सेवा शुल्क आहेत. Catalysts of Change: MSME Enterprises Igniting Economic Growth MSME or small-scale industries are the backbone of our economy which employ over 110 million people. Now, MSMEs are classified into three categories: Micro, Small and Medium. These businesses often face many obstacles in their growth and expansion journey. So, to support these, our Indian Government introduced a new classification metric on May 13, 2020. Under this classification, all MSMEs will be referred to as ‘Udyam’ and must undergo the ‘Udyam Registration‘ process. MSME Enterprise काय आहे खालील निकषांवर आधारित एमएसएमई एंटरप्राइझचे तीन श्रेणींमध्ये वर्गीकरण केले आहे: 1. सूक्ष्म उपक्रम एंटरप्राइझचे वर्गीकरण मायक्रो एंटरप्राइझ म्हणून केले जाते जर: (a) वनस्पती आणि यंत्रसामग्री किंवा उपकरणांमध्ये गुंतवणूक रु. पेक्षा जास्त नाही. 1 कोटी आणि एंटरप्राइझची उलाढाल रु. पेक्षा जास्त नाही. 5 कोटी. 2. लघु उद्योग एंटरप्राइझचे वर्गीकरण लहान म्हणून केले जाते उपक्रम जर: (a) वनस्पती आणि यंत्रसामग्री किंवा उपकरणांमध्ये गुंतवणूक रु. पेक्षा जास्त नाही. 5 कोटी आणि एंटरप्राइझची उलाढाल रु. पेक्षा जास्त नाही. 50 कोटी. 2. मध्यम उपक्रम एंटरप्राइझचे मध्यम एंटरप्राइझ म्हणून वर्गीकरण केले जाते जर: (a) वनस्पती आणि यंत्रसामग्री किंवा उपकरणांमध्ये गुंतवणूक रु. पेक्षा जास्त नाही. 50 कोटी आणि एंटरप्राइझची उलाढाल रु. पेक्षा जास्त नाही. 250 कोटी. What is MSME Udyam Registration? Also known as Udyam registration, it is a government initiative that facilitates the registration of Micro, Small, and Medium Enterprises (MSMEs). It replaced the previous Udyog Aadhaar Memorandum (UAM) registration. The Udyam registration process is completely online, which can be done via the Udyam registration portal . Is it necessary to get the Udyam registration done? Obtaining this registration is not compulsory, but businesses must register to receive benefits such as taxation, credit, loans, help for setting up businesses, etc. MSME Registration Eligibility Businesses across various sectors must meet the criteria based on their annual turnover and investment to be eligible for MSME registration. Here's a breakdown of entities eligible for MSME registration: Entrepreneurs Small business owners Partnership firms comprising two or more individuals Sole proprietorships, where a single entity owns and operates the business Limited liability partnerships (LLPs) Self-help groups (SHGs) Co-operative societies & trusts Private and public limited companies Any other undertaking Benefits of MSME Registration Udyam registration offers several advantages to all the MSMEs, as explained below. Businesses that obtain MSME registration get loans at cheaper interest rates, around 1% to 1.5%, lower than the interest on regular loans. It is a one-time permanent registration, and there is no need for renewal. It allows for minimum alternate tax (MAT) that can be carried ahead for up to 15 years instead of 10 years. Registered MSMEs can leverage the advantage of several schemes that the government provides, such as the Credit Guarantee Scheme, the Credit Linked Capital Subsidy Scheme, and Protection against delayed payments, which foster business development. Benefit from exemption schemes on direct taxes. MSMEs can avail reimbursement of ISO certification fees. The Udyam portal integrates seamlessly with other government websites, such as the Income tax portal. This integration streamlines administrative processes and makes it easier for individuals to manage their financial and tax-related aspects. MSMEs receive special consideration and support in participating in international trade fairs. Documents Required for MSME Registration Here are the documents required for the MSME registration process: Aadhar Number: The Aadhar number of the proprietor, managing partner, or authorized signatory, and it should also be linked to a mobile number for the OTP-based registration process. PAN(Permanent Account Number) How to Apply for MSME Registration on the Udyam Registration Portal? The MSME registration process is different for: New entrepreneurs who are not registered yet as MSME or those with EM-II On the official Udyam registration portal’s homepage, click on “New entrepreneurs who are not registered yet as MSME or those with EM-II.” 2) From there, you’ll be redirected to the below page. Here, you are required to provide the Aadhaar number and the name of the entrepreneur. Once the “Validate and Generate OTP Button” is clicked, the PAN Verification page opens. 3) Here, specify the "Type of Organisation" PAN Number, and click on the "Validate PAN" button. The portal will fetch PAN details from government databases and verify the PAN number provided. 4) Upon successful PAN verification, the Udyam Registration form will appear. Fill in your personal details and details of the enterprise as required. 5. Finally, this is the last step, where you have to add investment and turnover details, select the declaration checkbox, and click on "Submit and Get Final OTP." Upon completion, the Udyam Registration Certificate will be sent to your provided email address. You can also check the MSME registration status on the Udyam Registration Portal. For entrepreneurs already having registration as UAM The process is quite simple for this category! All it is required to click on “For those already having registration as UAM” or “For “For those already having registration as UAM through Assisted filing.” Then, enter the “Udyog Aadhar Number” and select the option to obtain OTP either on mobile as filled in UAM or on email as filled in UAM. After choosing, click on "Validate and Generate OTP." After successful OTP verification, fill in the registration details on the MSME registration form, and your Udyam registration process will be complete. How To Check The MSME Registration Status Here’s the step-by-step procedure to check MSME Registration Status. Visit the official Udyam registration website. Hover over the Print/Verify button and click on ‘Verify Udyam Registration Number.’ Enter the ‘Udyam Registration/Reference Number’ captcha code and click on verify. MSME Registration Fees The government of India does not charge any fees for MSME registration, so it’s completely free of cost on the Udyam portal. How To Check MSME Registration By Name? Follow the below steps to check MSME registration by name. Visit the Udyam Registration portal. On the homepage, click on the 'Print/Verify' option. From the options provided, select 'Forgot Udyam/UAM No.' Choose the appropriate registration option based on your registration type. Select the OTP option for verification. Enter the registered mobile number or email address. Click on the 'Validate & Generate OTP' button. Upon receiving the OTP, enter it in the designated field. After successful validation, your MSME registration number will be displayed on the screen. How KarrTax Can Help With MSME Registration? The MSME registration process is not as easy as it seems. Expert assistance is always required for successful completion, so KarrTax is here to help! Our experts can help you with MSME Udyam Registration at just Rs. 499/- We ensure that all information provided for registration is verified and validated to meet the eligibility criteria. Frequently Asked Questions (FAQs) 1.What is an MSME? The Government of India introduced the MSME classification for Micro, Small, and Medium Enterprises. These businesses engaged in manufacturing, processing, or providing services. 2.Is the GST number mandatory for MSME registration? For MSME registration, a GST number is not required for businesses meeting certain turnover criteria or who are not registered under GST. 3.What are MSME registration charges? The MSME registration process is free of cost. 4.Can an individual apply for MSME registration? No, individual entities can not apply for MSME registration. 5.Which businesses cannot apply for MSME registration? Businesses with an annual turnover of above ₹250 crores are not eligible to apply as they’ll come under the category of “large businesses” because the MSME turnover limit has been exceeded. 6.How to download the MSME registration certificate? Here’s how to download the MSME Registration Certificate. Start by accessing the Udyam registration portal and click on the 'Print/Verify' option. From the options presented, choose the 'Print UAM Certificate' option. Enter the required details, including the 'Udyam Registration Number' and your 'Mobile' number. Choose the OTP option for verification. Once the certificate is displayed, you can proceed to take a printout or download the Udyam Registration Certificate. एमएसएमई नोंदणीचे फायदे सूक्ष्म, लघु आणि मध्यम उद्योगांसाठी MSME म्हणजेच Udyam नोंदणी घेण्याचे अनेक फायदे आहेत. 1. हे कोणत्याही एंटरप्राइझसाठी स्वतंत्र ओळख म्हणून कार्य करते. 2. ही एक वेळची कायमस्वरूपी नोंदणी आहे आणि नूतनीकरणाची गरज नाही. 3. हे पूर्णपणे पेपरलेस आहे आणि आधार कार्डाशिवाय कोणत्याही कागदपत्रांची गरज नाही. 4. एंटरप्राइझच्या सर्व क्रियाकलाप म्हणजे उत्पादन, व्यापार आणि/किंवा सेवा एकाच नोंदणीमध्ये एकत्रित केल्या जाऊ शकतात. 5. क्रेडिट हमी योजना, सरकारचे सार्वजनिक खरेदी धोरण यांसारख्या विविध सरकारी योजनांचा लाभ घेण्यासाठी उद्यम नोंदणी फायदेशीर आहे. 6. एमएसएमई अंतर्गत नोंदणीकृत एंटरप्राइझला त्यांना केलेल्या विलंबाच्या पेमेंटपासून संरक्षण मिळते. 7. एमएसएमई बँकांकडून देण्यात येणाऱ्या प्राधान्य क्षेत्राच्या कर्जांतर्गत समाविष्ट आहेत. अशा प्रकारे नोंदणीकृत MSME ला बँक कर्ज मिळविण्यात प्राधान्य मिळते आणि त्यांच्यासाठी अनुदानित व्याजदर देखील लागू होतात. MSME registration is crucial for various entities, including NGOs and partnership firms. The registration process, now known as Udyam registration, requires specific documents to be submitted. GST registration may or may not be required in addition to MSME registration, depending on the business's turnover. It's important to understand the fees associated with MSME registration, as they can vary. The Udyam registration form is used to apply for the MSME registration, and once approved, you receive a Udyam registration certificate, which signifies your status as an MSME. The NIC code for Udyam registration helps categorize your business properly. Stay informed about the MSME registration renewal process to maintain your status as an MSME.

Unlock everything about Form 27EQ and Tax Collected at Source (TCS) with our comprehensive guide. Stay on top of your tax responsibilities effortlessly! FORM 27EQ: Price List टीसीएस फॉर्म 27EQ परतावा तू निवड कर मानक टीसीएससाठी फॉर्म 27EQ रु. 1499 आता प्रारंभ करा फॉर्म 27EQ FORM 27EQ: FAQ Understanding Tax Collected at Source (TCS) might feel a bit tricky initially, but don't worry—we're here to simplify it for you. In simple terms, TCS is like a tax collected by the seller from the buyer, and this amount is then handed over to the government. It's like the seller acting as a tax collector on behalf of the government. Now, let's explore the fundamental aspects of TCS and Form 27EQ together. Understanding Form 27EQ Form 27EQ is the document where all the nitty-gritty details about the Tax Collected at Source by the seller are recorded. This form holds vital details about the tax collected and forwarded to the central government. Sellers need to submit it every quarter, and it's crucial to stick to those submission deadlines. What is Tax Collected at Source? Simply put, TCS is the direct tax or income tax collected by the seller while selling a product at a specified price. It's a way for the government to ensure that taxes are paid promptly at the source, i.e., during the sale itself. The difference between TDS and TCS Form 27EQ isn't just for one group of people; it applies to both corporate and government collectors and deductors. These are the entities responsible for collecting and depositing TCS. Who Needs to File Form 27EQ for TCS Returns? Here are the types of organizations and individuals that must file Form 27EQ for TDS returns: Corporate collectors and deductors including Firms and LLPs Government collectors and deductors Individuals and HUF having turnover above 1 Cr. Specified Goods Subject to TCS TCS isn't applicable to all goods. It's collected on specific items, including: Alcoholic Liquor for human consumption Tendu leaves Timber obtained under a forest lease Timber obtained by any other means Other forest produce (excluding timber and tendu leaves) Scrap Minerals like coal, lignite, or iron ore Sale of goods when the consideration exceeds INR 50,00,000 during a Financial yea r Sale of Cars (New and Old) when the sale value is above INR 10,00,000 Details Needed for Form 27EQ Filling out Form 27EQ is relatively straightforward if you have the necessary information on hand: Collector/Seller: TAN (Tax Deduction and Collection Account Number), PAN (Permanent Account Number), Name, Address, and Contact Details. Responsible Person: Name, PAN, Address, and Contact Details. Challan: Challan serial number, BSR Code (Bank and Branch), TDS, Surcharge, and Education Cess. Deduction: Buyer's Name, PAN, Total purchase value, TCS amount collected and deposited. Sections of Form 27EQ The form is divided into sections for easy organization: Section 1: Contains details like TAN, PAN, financial year, and assessment year. Section 2: Collectors provide their information here. Section 3: Information about the person in charge of tax collection. Section 4: Tax collection and deposit details, including codes, amounts, and dates. Section 5: Taxpayer details and signatures. Due Dates for Form 27EQ Meeting deadlines is crucial when it comes to Form 27EQ. Below are the deadlines for each quarter: Q1 (April - June): On or before 15th July Q2 (July - September): On or before 15th October Q3 (October - December): On or before 15th January Q4 (January - March): On or before 15th May Check the Due Date Calendar for Income Tax and GST in India . How to Download Form 27EQ Downloading Form 27EQ is a breeze. Just follow these steps: Visit the NSDL official website . Navigate to the 'Downloads' tab on the Menu and choose 'E-TDS/E-TCS.' Select 'Quarterly Returns' and click 'Regular.' Find Form 27EQ, click to open it, and download or print as needed. Important Update: Kindly be aware that the deadline for filing TDS Returns in Form 26Q , 27Q & 27EQ for the first quarter of the financial year 2023-24 has been postponed to September 30, 2023, in accordance with the Income Tax Circular issued by the Central Board of Direct Taxes (CBDT). Penalties for Late Submission Filing Form 27EQ on time is crucial to avoid penalties. Late submission can result in: A late fee of Rs. 200 per day until filing, with the cumulative late fee not exceeding the TCS amount. Non-filing penalties range from Rs. 10,000 to Rs. 1,00,000, depending on the severity of the delay. To sum it up, Form 27EQ plays a crucial role in making sure taxes are collected and paid seamlessly. When sellers grasp the process and meet the deadlines, they not only sidestep penalties but also play a part in maintaining an efficient tax system . Form 27EQ is essential for TCS (Tax Collected at Source) compliance in India, primarily for the sale of goods. It is used to report and file TCS returns. The collection code for TCS on the sale of goods is specified within this form. Understanding the correct collection code is crucial when making payments and filing the 27EQ return. This form serves the purpose of recording TCS on goods and ensuring tax compliance. Be aware of the 27EQ TDS return due date to meet your obligations and avoid penalties. Form 27EQ plays a significant role in the TCS process, providing information on the total value of purchases subject to TCS. पीडीएफ मध्ये फॉर्म 27EQ डाउनलोड करा

Website privacy policy has been detailed on this page गोपनीयता धोरण 1. परिचय ऑनलाइनइंडीटाएक्सफिलिंग मध्ये आपले स्वागत आहे. ऑनलाइनइंडीटाएक्सफिलिंग्ज (“आम्हाला”, “आम्ही”, किंवा “आमचे”) https://onlineindiataxfilings.net चालविते (त्या नंतर “सेवा” म्हणून संबोधिले जातात). आमचे गोपनीयता धोरण https://onlineindiataxfilings.net वर आपल्या भेटीस नियंत्रित करते आणि आमच्या सेवेच्या आपल्या वापराच्या परिणामी आम्ही माहिती कशी संकलित करतो, संरक्षित करतो आणि ती कशी उघड करतो हे स्पष्ट करते. आम्ही सेवा प्रदान आणि सुधारित करण्यासाठी आपला डेटा वापरतो. सेवा वापरुन आपण या धोरणाच्या अनुषंगाने माहिती संकलनास आणि वापरास सहमती देता. या गोपनीयता धोरणात अन्यथा परिभाषित केल्याशिवाय या गोपनीयता धोरणात वापरल्या जाणार्या अटींचे आमच्या अर्थ आणि शर्तीप्रमाणेच अर्थ आहेत. आमच्या अटी व शर्ती (“नियम”) आमच्या सेवेच्या सर्व वापरावर नियंत्रण ठेवतात आणि गोपनीयता धोरणासह आमच्याबरोबर आपला करार ("करार") करतात. 2. व्याख्या सर्व्हिव्ह म्हणजे ऑनलाईनइंडीटाएक्सफिलिंग्स द्वारा संचालित https://onlineindiataxfilings.net वेबसाइट. वैयक्तिक डेटा म्हणजे एखाद्या जिवंत व्यक्तीबद्दलचा डेटा जो त्या डेटामधून ओळखला जाऊ शकतो (किंवा त्या किंवा इतर माहितीवरून आमच्या ताब्यात आहे किंवा आमच्या ताब्यात येऊ शकतो). वापर डेटा एकतर सेवेच्या वापराद्वारे किंवा सर्व्हिस इन्फ्रास्ट्रक्चरमधून स्वतः तयार केलेला डेटा (उदाहरणार्थ पृष्ठास भेट देण्याचा कालावधी) डेटा गोळा केला जातो. कुकीज आपल्या डिव्हाइसवर (संगणक किंवा मोबाइल डिव्हाइस) संचयित केलेल्या लहान फायली आहेत. डेटा कंट्रोलर म्हणजे एक नैसर्गिक किंवा कायदेशीर व्यक्ती जो (कोणताही एकटा किंवा संयुक्तपणे किंवा इतर लोकांसह सामान्य) प्रक्रिया करतो की कोणत्या हेतूसाठी आणि कोणत्या वैयक्तिक डेटासाठी किंवा कोणत्या मार्गाने प्रक्रिया केली जावी या उद्देशाने निर्धारित करते. या गोपनीयता धोरणाच्या उद्देशाने आम्ही आपल्या डेटाचे डेटा नियंत्रक आहोत. डेटा प्रोसेसर (किंवा सेवा प्रदाता) म्हणजे डेटा किंवा नियंत्रकाच्या वतीने डेटावर प्रक्रिया करणारी कोणतीही नैसर्गिक किंवा कायदेशीर व्यक्ती. आपल्या डेटावर अधिक प्रभावीपणे प्रक्रिया करण्यासाठी आम्ही विविध सेवा प्रदात्यांच्या सेवा वापरू शकतो. डेटा सब्जेक्ट ही कोणतीही जिवंत व्यक्ती आहे जी वैयक्तिक डेटाचा विषय आहे. वापरकर्ता आमची सेवा वापरणारी व्यक्ती आहे. वापरकर्ता डेटा विषयाशी संबंधित आहे, जो वैयक्तिक डेटाचा विषय आहे. Information. माहिती संग्रह आणि वापर आपल्याला आमची सेवा प्रदान करण्यासाठी आणि सुधारित करण्यासाठी आम्ही विविध हेतूंसाठी कित्येक प्रकारची माहिती संकलित करतो. Data. संग्रहित डेटाचे प्रकार वैयक्तिक माहिती आमची सेवा वापरताना, आम्ही आपल्याला काही वैयक्तिकृतपणे ओळखण्यायोग्य माहिती प्रदान करण्यास सांगू शकतो जी आपल्याशी संपर्क साधण्यासाठी किंवा ओळखण्यासाठी वापरली जाऊ शकते (“वैयक्तिक डेटा”). वैयक्तिकरित्या ओळखण्यायोग्य माहितीमध्ये हे समाविष्ट असू शकते परंतु हे इतकेच मर्यादित नाही: 0.1. ईमेल पत्ता 0.2. नाव आणि आडनाव 0.3. फोन नंबर 0.4. पत्ता, देश, राज्य, प्रांत, पिन / पोस्टल कोड, शहर 0.5. कुकीज आणि वापर डेटा आम्ही आपला वैयक्तिक डेटा आपल्यास न्यूजलेटर्स, विपणन किंवा जाहिरात सामग्री आणि आपल्या आवडीची असू शकेल अशा इतर माहितीसह संपर्क साधण्यासाठी वापरू शकतो. आपण सदस्यता रद्द करा दुव्याचे अनुसरण करून आमच्याकडून यापैकी कोणतीही किंवा सर्व संप्रेषणे प्राप्त करणे रद्द करू शकता. वापर डेटा आम्ही जेव्हा जेव्हा आमच्या सेवेला भेट देता किंवा आपण कोणत्याही डिव्हाइसद्वारे किंवा “सेवांचा वापर” करता तेव्हा सेवेवर प्रवेश करता तेव्हा आम्ही आपला ब्राउझर पाठवित असलेली माहिती आम्ही संकलित करू शकतो. या वापर डेटामध्ये आपल्या संगणकाचा इंटरनेट प्रोटोकॉल पत्ता (उदा. आयपी पत्ता), ब्राउझरचा प्रकार, ब्राउझरची आवृत्ती, आपण भेट दिलेल्या आमच्या सेवेची पृष्ठे, आपल्या भेटीची वेळ आणि तारीख, त्या पृष्ठांवर खर्च केलेला वेळ, अद्वितीय यासारख्या माहितीचा समावेश असू शकतो डिव्हाइस अभिज्ञापक आणि इतर निदान डेटा. आपण एखाद्या डिव्हाइससह सेवेत प्रवेश करता तेव्हा या वापर डेटामध्ये आपण वापरत असलेल्या डिव्हाइसचा प्रकार, आपला डिव्हाइस अद्वितीय आयडी, आपल्या डिव्हाइसचा आयपी पत्ता, आपले डिव्हाइस ऑपरेटिंग सिस्टम, आपण वापरत असलेल्या इंटरनेट ब्राउझरचा प्रकार, अद्वितीय डिव्हाइस यासारख्या माहितीचा समावेश असू शकतो अभिज्ञापक आणि इतर निदान डेटा اور कुकीज डेटा ट्रॅक करणे आमच्या सर्व्हिसवरील क्रियाकलापांचा मागोवा घेण्यासाठी आम्ही कुकीज आणि तत्सम ट्रॅकिंग तंत्रज्ञान वापरतो आणि आमच्याकडे काही माहिती असते. कुकीज अल्प प्रमाणात डेटा असलेल्या फायली असतात ज्यात अज्ञात अद्वितीय अभिज्ञापक असू शकतो. कुकीज वेबसाइटवरून आपल्या ब्राउझरवर पाठविल्या जातात आणि आपल्या डिव्हाइसवर संग्रहित केल्या जातात. इतर ट्रॅकिंग तंत्रज्ञानाचा वापर बीकन, टॅग आणि स्क्रिप्ट्स माहिती संकलित करण्यासाठी आणि मागोवा घेण्यासाठी आणि आमच्या सेवा सुधारित आणि विश्लेषित करण्यासाठी केला जातो. आपण आपल्या ब्राउझरला सर्व कुकीज नकार देण्यासाठी किंवा एखादी कुकी केव्हा पाठविली जात आहे हे दर्शविण्यासाठी सूचना देऊ शकता. तथापि, आपण कुकीज न स्वीकारल्यास आपण आमच्या सेवेतील काही भाग वापरू शकणार नाही. आम्ही वापरत असलेल्या कुकीजची उदाहरणे: 0.1. सत्र कुकीज: आम्ही आमच्या सेवा चालविण्यासाठी सत्र कुकीज वापरतो. 0.2. प्राधान्य कुकीज: आम्ही आपली प्राधान्ये आणि विविध सेटिंग्ज लक्षात ठेवण्यासाठी प्राधान्य कुकीज वापरतो. 0.3. सुरक्षा कुकीज: आम्ही सुरक्षा उद्देशाने सुरक्षा कुकीज वापरतो. 0.4. जाहिरात कुकीज: जाहिरात कुकीज आपल्या आणि आपल्या आवडीनुसार संबंधित जाहिरातींसह आपली सेवा देण्यासाठी वापरली जातात. इतर डेटा आमची सेवा वापरताना, आम्ही पुढील माहिती देखील गोळा करू शकतोः लिंग, वय, जन्मतारीख, जन्म स्थान, पासपोर्ट तपशील, नागरिकत्व, राहत्या जागेवर नोंदणी आणि वास्तविक पत्ता, दूरध्वनी क्रमांक (काम, मोबाइल), कागदपत्रांचा तपशील शिक्षण, पात्रता, व्यावसायिक प्रशिक्षण, रोजगार करार, एनडीए करार, बोनस आणि भरपाईची माहिती, वैवाहिक स्थितीबद्दलची माहिती, कुटुंबातील सदस्य, सामाजिक सुरक्षा (किंवा इतर करदात्याची ओळख) क्रमांक, कार्यालयाचे स्थान आणि इतर डेटा यावर. Data. डेटाचा वापर ऑनलाईनइंडीटाक्सफिल्डिंग संग्रहित डेटा विविध उद्देशांसाठी वापरते: 0.1. आमच्या सेवा प्रदान आणि देखरेख करण्यासाठी; 0.2. आमच्या सेवेतील बदलांविषयी आपल्याला सूचित करण्यासाठी; 0.3. आपण आमच्या सेवेच्या परस्परसंवादी वैशिष्ट्यांमध्ये भाग घेण्यास अनुमती देण्यासाठी जेव्हा आपण असे करणे निवडता; 0.4. ग्राहक समर्थन प्रदान करण्यासाठी; 0.5. विश्लेषण किंवा मौल्यवान माहिती गोळा करण्यासाठी जेणेकरून आम्ही आमच्या सेवा सुधारू शकू; 0.6. आमच्या सेवेच्या वापरावर लक्ष ठेवण्यासाठी; 0.7. तांत्रिक समस्या शोधणे, प्रतिबंध करणे आणि त्यांचे निराकरण करणे; 0.8. आपण प्रदान केलेल्या इतर कोणत्याही हेतूची पूर्तता करण्यासाठी; 0.9. आमच्या जबाबदा carry्या पार पाडण्यासाठी आणि बिलिंग आणि संग्रहणासह आपल्या आणि आमच्या दरम्यान झालेल्या कोणत्याही करारामुळे उद्भवणारे आमचे अधिकार अंमलात आणण्यासाठी; 0.10. कालबाह्यता आणि नूतनीकरण सूचना, ईमेल-सूचना इत्यादींसह आपल्या खात्याबद्दल आणि / किंवा सबस्क्रिप्शनविषयी सूचना प्रदान करण्यासाठी; 0.11. आपल्याला बातमी, विशेष ऑफर आणि इतर वस्तू, सेवा आणि आम्ही ऑफर करीत असलेल्या कार्यक्रमांबद्दल सामान्य माहिती प्रदान करणे जे आपण आधीपासून खरेदी केलेल्या किंवा चौकशी केलेल्या गोष्टींसारखेच असतात जे आपण अशी माहिती न घेता निवडल्याशिवाय; 0.12. आपण माहिती प्रदान करता तेव्हा आम्ही वर्णन करू शकतो अशा कोणत्याही प्रकारे; 0.13. आपल्या संमतीने इतर कोणत्याही हेतूसाठी. 6. डेटा धारणा या गोपनीयता धोरणात नमूद केलेल्या उद्दीष्टांसाठी आम्ही केवळ आपला वैयक्तिक डेटा जोपर्यंत आवश्यक असेल तोपर्यंत ठेवू. आमच्या कायदेशीर जबाबदा .्या (उदाहरणार्थ, लागू असलेल्या कायद्यांचे पालन करण्यासाठी आम्हाला आपला डेटा टिकवून ठेवण्याची आवश्यकता असल्यास), विवादांचे निराकरण करण्यासाठी आणि आमच्या कायदेशीर करार आणि धोरणांची अंमलबजावणी करण्यासाठी आम्ही आवश्यक प्रमाणात आम्ही आपला वैयक्तिक डेटा टिकवून ठेवू आणि वापरू. अंतर्गत विश्लेषण हेतूंसाठी आम्ही वापर डेटा देखील ठेवू. सुरक्षा डेटा मजबूत करण्यासाठी किंवा आमच्या सेवेची कार्यक्षमता सुधारण्यासाठी या डेटाचा वापर केला जात नाही याशिवाय किंवा डेटा दीर्घकाळापर्यंत हा डेटा टिकवून ठेवण्यासाठी आपल्याकडे कायदेशीर बंधन आहे याशिवाय वापर डेटा सामान्यत: कमी कालावधीसाठी ठेवला जातो. 7. डेटा हस्तांतरण आपली माहिती, वैयक्तिक डेटासह, आपल्या राज्यात, प्रांत, देश किंवा इतर सरकारी क्षेत्राच्या बाहेरील संगणकांवर हस्तांतरित आणि चालू ठेवली जाऊ शकते जिथे डेटा संरक्षण कायदे आपल्या कार्यक्षेत्रांपेक्षा भिन्न असू शकतात. आपण या माहितीच्या सबमिशननंतर या गोपनीयता धोरणास आपली सहमती त्या हस्तांतरणावरील आपल्या कराराचे प्रतिनिधित्व करते. आपल्या डेटाचा सुरक्षितपणे आणि या गोपनीयता धोरणाच्या अनुषंगाने व्यवहार केला जाईल आणि आपल्या वैयक्तिक डेटाचे कोणतेही हस्तांतरण एखाद्या संघटनेत किंवा देशात केले जाणार नाही तोपर्यंत सुरक्षिततेसह सुरक्षेसह योग्य नियंत्रणे असल्याशिवाय ऑनलाईनइंडीटाक्सफिलिंग सर्व आवश्यक पावले उचलतील. आपला डेटा आणि इतर वैयक्तिक माहिती. Data. डेटा जाहीर करणे आम्ही संकलित करतो ती कोणतीही वैयक्तिक माहिती आम्ही जाहीर करणार नाही किंवा आपण प्रदान करालः 0.1. कायदा अंमलबजावणीसाठी प्रकटीकरण. विशिष्ट परिस्थितीत कायद्याने किंवा सार्वजनिक अधिका by्यांद्वारे वैध विनंत्यांना प्रतिसाद म्हणून आम्ही आपला वैयक्तिक डेटा उघड करण्याची आवश्यकता असू शकते. 0.2. व्यवसाय व्यवहार जर आम्ही किंवा आमच्या सहाय्यक कंपन्या विलीनीकरण, संपादन किंवा मालमत्ता विक्रीमध्ये गुंतलेली असतील तर आपला वैयक्तिक डेटा हस्तांतरित केला जाऊ शकतो. 0.3. इतर प्रकरणे. आम्ही तुमची माहिती देखील जाहीर करू: ०. 0.3.१.. आमच्या सहाय्यक आणि संबद्ध कंपन्यांना; ०. 0.3.२० कंत्राटदार, सेवा प्रदाता आणि आमच्या तृतीय पक्षासाठी आम्ही आमच्या व्यवसायाचे समर्थन करण्यासाठी वापरतो; 0.3.3. आपण ज्या उद्देशाने प्रदान करता त्या उद्देशाने पूर्ण करणे; 0.3.4. आमच्या वेबसाइटवर आपल्या कंपनीचा लोगो समाविष्ट करण्याच्या उद्देशाने; 0.3.5. जेव्हा आपण माहिती प्रदान करता तेव्हा आमच्याद्वारे जाहीर केलेल्या कोणत्याही अन्य हेतूसाठी; 0.3.6. इतर कोणत्याही बाबतीत आपल्या संमतीने; 0.3.7. जर आम्हाला वाटत असेल की कंपनी, आमच्या ग्राहकांचे किंवा इतरांचे हक्क, मालमत्ता किंवा सुरक्षितता संरक्षित करण्यासाठी प्रकटीकरण आवश्यक किंवा योग्य आहे. 9. डेटाची सुरक्षा आपल्या डेटाची सुरक्षा आमच्यासाठी महत्त्वपूर्ण आहे, म्हणूनच आम्ही 100% सुरक्षित आहोत, कारण आमच्याकडे एसएसएल प्रमाणपत्र आहे जे आमच्या वेबसाइटला सुरक्षित करते. आम्ही आपला वैयक्तिक डेटा संरक्षित करण्यासाठी व्यावसायिकरित्या स्वीकार्य माध्यमांचा वापर करण्याचा प्रयत्न करीत असताना आम्ही त्याच्या संपूर्ण सुरक्षिततेची हमी देतो. 10. सेवा प्रदाता आम्ही आमच्या सेवा (“सेवा प्रदाते”) सुलभ करण्यासाठी तृतीय पक्षाच्या कंपन्या आणि व्यक्तींना कामावर ठेवू शकतो, आमच्या वतीने सेवा प्रदान करू शकतो, सेवा-संबंधित सेवा करू शकतो किंवा आमची सेवा कशी वापरली जाते याचे विश्लेषण करण्यात मदत करू शकतो. या तृतीय पक्षांना आपल्या वैयक्तिक डेटामध्ये केवळ आमच्या वतीने ही कार्ये पार पाडण्यासाठी प्रवेश आहे आणि इतर कोणत्याही हेतूसाठी खुलासा करणे किंवा त्याचा वापर न करणे हे बंधनकारक आहेत. 11. विश्लेषणे आम्ही आमच्या सेवेच्या वापराचे परीक्षण आणि विश्लेषण करण्यासाठी तृतीय-पक्ष सेवा प्रदात्यांचा वापर करू. 12. सीआय / सीडी साधने आमच्या सेवेच्या विकास प्रक्रियेस स्वयंचलित करण्यासाठी आम्ही तृतीय-पक्ष सेवा प्रदाते वापरू शकतो. 13. जाहिरात आम्ही आमच्या सेवा समर्थन आणि देखरेखीसाठी मदत करण्यासाठी आपल्याला जाहिराती दर्शविण्यासाठी तृतीय-पक्ष सेवा प्रदात्यांचा वापर करु. 14. वर्तणूक रीमार्केटिंग आपण आमच्या सेवेला भेट दिल्यानंतर आम्ही आपल्याला तृतीय पक्षाच्या वेबसाइटवर जाहिरात करण्यासाठी पुनर्विपणन सेवा वापरू शकतो. आम्ही आणि आमचे तृतीय-पक्ष विक्रेते आमच्या सेवेच्या मागील भेटींवर आधारित जाहिरातींची माहिती देण्यासाठी, ऑप्टिमाइझ करण्यासाठी आणि सर्व्ह करण्यासाठी कुकीज वापरतो. 15. देयके आम्ही सेवांमध्ये देय उत्पादने आणि / किंवा सेवा प्रदान करू शकतो. त्या प्रकरणात, आम्ही देय प्रक्रियेसाठी तृतीय-पक्ष सेवा वापरतो (उदा. पेमेंट प्रोसेसर) आम्ही आपले पेमेंट कार्ड तपशील संग्रहित किंवा संग्रहित करणार नाही. ती माहिती आमच्या तृतीय-पक्षाच्या पेमेंट प्रोसेसरला थेट प्रदान केली जाते ज्यांची आपली वैयक्तिक माहिती वापर त्यांच्या गोपनीयता धोरणाद्वारे संचालित केली जाते. हे पेमेंट प्रोसेसर पीसीआय-डीएसएसने पीसीआय सिक्युरिटी स्टँडर्ड्स कौन्सिलद्वारे व्यवस्थापित केलेल्या मानकांचे पालन करतात, जे व्हिसा, मास्टरकार्ड, अमेरिकन एक्सप्रेस आणि डिस्कव्हर सारख्या ब्रँडचा संयुक्त प्रयत्न आहे. पीसीआय-डीएसएस आवश्यकता देय माहितीचे सुरक्षित हाताळणी सुनिश्चित करण्यात मदत करतात. 16. इतर साइटचे दुवे आमच्या सेवेमध्ये आमच्याद्वारे ऑपरेट न झालेल्या इतर साइटचे दुवे असू शकतात. आपण तृतीय पक्षाच्या दुव्यावर क्लिक केल्यास आपल्याला त्या तृतीय पक्षाच्या साइटवर निर्देशित केले जाईल. आपण भेट देता त्या प्रत्येक साइटच्या गोपनीयता धोरणाचे पुनरावलोकन करण्याचा आम्ही आपल्याला सशक्त सल्ला देतो. आमच्याकडे कोणतेही तृतीय पक्षाच्या साइट्स किंवा सेवांच्या सामग्री, गोपनीयता धोरणे किंवा पद्धतींसाठी कोणतीही जबाबदारी नाही आणि आम्ही कोणतीही जबाबदारी स्वीकारत नाही. 17. मुलांची गोपनीयता आमच्या सेवा 18 वर्षाखालील मुलांद्वारे ("मूल" किंवा "मुले") वापरण्याच्या हेतू नाहीत. आम्ही 18 वर्षांपेक्षा कमी वयाच्या मुलांसाठी वैयक्तिकरित्या ओळखण्यायोग्य माहिती संग्रहित करीत नाही. एखाद्या मुलाने आम्हाला वैयक्तिक डेटा प्रदान केला आहे याची आपल्याला जाणीव असल्यास, कृपया आमच्याशी संपर्क साधा. पालकांच्या संमतीची पडताळणी न करता आम्ही मुलांकडून वैयक्तिक डेटा गोळा केला आहे याची आम्हाला जाणीव असल्यास, आम्ही आमच्या सर्व्हरवरून ती माहिती काढण्यासाठी पावले उचलतो. 18. या गोपनीयता धोरणात बदल आम्ही वेळोवेळी आमचे गोपनीयता धोरण अद्यतनित करू शकतो. या पृष्ठावरील नवीन गोपनीयता धोरण पोस्ट करून आम्ही आपल्यास कोणत्याही बदलांविषयी सूचित करू. बदल प्रभावी होण्यापूर्वी आम्ही आपल्याला ईमेलद्वारे आणि / किंवा आमच्या सेवेवरील प्रमुख सूचनेद्वारे सांगू आणि या गोपनीयता धोरणाच्या शीर्षस्थानी “प्रभावी तारीख” अद्यतनित करू. आपणास कोणत्याही बदलांसाठी या गोपनीयता धोरणाचे ठराविक कालावधीनंतर पुनरावलोकन करण्याचा सल्ला देण्यात येतो. या गोपनीयता धोरणात बदल या पृष्ठावर पोस्ट केल्यावर प्रभावी ठरतात. 19. आमच्याशी संपर्क साधा आपल्यास या गोपनीयता धोरणाबद्दल काही प्रश्न असल्यास, कृपया ईमेलद्वारे आमच्याशी संपर्क साधा: onlineindiataxfilings@gmail.com .

Learn about the essentials of TDS Form 27Q for smooth tax deduction. Get insights on deadlines, procedures, and compliance with Karr Tax. FORM 27Q: Price List टीडीएस फॉर्म 27 क्यू परतावा तू निवड कर मानक अनिवासींना देय असलेल्या टीडीएस रु. 1499 आता प्रारंभ करा FORM 27Q: FAQ TDS Form 27Q- “Reporting TDS on Payments to NRIs” टीडीएस रिटर्न फॉर्म २q क्विंटल ऑनलाईन एक टीडीएस रिटर्न आहे ज्यात कर अनिर्णित भारतीय (एनआरआय) भरलेल्या पैशांवर कपात करण्यात आलेल्या कर (कटावलेल्या) स्त्रोत (टीडीएस) चा तपशील आहे. अनिवासींना देय देय देय देण्याच्या बाबतीत टीडीएस त्यांना देय सर्व रकमेच्या बाबतीत वजा करणे आवश्यक आहे. प्राप्तिकर अधिनियम कलम १ 195 crib मध्ये नमूद केले आहे त्यानुसार अनिवासींना दिले जाणा on्या पेमेंट्सवर टीडीएस कपात करणे आवश्यक आहे. हा फॉर्म निश्चित तारखेस किंवा त्यापूर्वी तिमाही आधारावर सादर करणे आवश्यक आहे. यात वजा केल्या गेलेल्या पेमेंट्स आणि टीडीएस वजा केल्याची माहिती एनआरआयने वजा केल्या गेलेल्या एनआरआयला दिली आहे. भरण्यासाठी आवश्यक कागदपत्रे डीएंडक्टरचे वैयक्तिक तपशील जसे की टीएएन, पत्ता, मोबाइल नं. , ई - मेल आयडी टीडीएस चालान कपातीचा पॅन वजावट, भाडे, कमिशन, करार इत्यादींना कपातीस पैसे भरल्याचा तपशील कोणाला फॉर्म 27Q दाखल करणे आवश्यक आहे वैयक्तिक, एचयूएफ, फर्म, एलएलपी, कंपनी इत्यादींसारख्या कोणत्याही वजाकर्त्याला अनिवासी वजावटीच्या बाबतीत टीडीएस कापून घेणे आवश्यक आहे, ज्या तिमाहीत अनिवासींचा टीडीएस कापला गेला आहे त्या तिमाहीसाठी फॉर्म 27Q दाखल करणे अनिवार्य आहे._cc781905- 5cde-3194-bb3b-136bad5cf58d_ कोणाला फॉर्म 27Q दाखल करणे आवश्यक आहे फॉर्म 27Q भरण्यासाठी देय तारखा Payer The payer refers to the individual, organization, or entity that pays the Non-Resident Indian (NRI). This entity is responsible for deducting TDS and filing Form 27Q with the tax authorities. Payee The payee receives payments from the payer. Its residential status is decided according to Section 6 of the Income Tax Act. Important Details Required For The Form 27Q From the Payer PAN Number Tan Number Contact details Name Address Financial Year Assessment Year Original statement or receipt number of the previously filed return in the same quarter. From the Payee Name Address Division Branch PAN Number E-mail ID Contact Details Assessment Year Challan Details Serial Number BSR Code Amount of EC (Education Cess) Amount of Surcharge Interest Amount Total Tax Deposit Tax Deposit Date Tax Deposit Method Collection Code Number of Cheque or Demand Draft Deduction Details Tax Collector Name PAN Number Deducted TDS Amount Amount Given To The Payee From the Payer PAN Number Tan Number Contact details Name Address Financial Year Assessment Year Original statement or receipt number of the previously filed return in the same quarter. From the Payee Name Address Division Branch PAN Number E-mail ID Contact Details Assessment Year Challan Details Serial Number BSR Code Amount of EC (Education Cess) Amount of Surcharge Interest Amount Total Tax Deposit Tax Deposit Date Tax Deposit Method Collection Code Number of Cheque or Demand Draft Deduction Details Tax Collector Name PAN Number Deducted TDS Amount Amount Given To The Payee Components of Form 27Q The three main components of Form 27Q include: Statistics of Voucher Deduction Details and Payment Details Let's explore each of these sections in detail. Statistics of Voucher Included Transactions These transactions are used for generating Form 27Q. Below are its details: Booking entries with or without TDS Deduction Advance Payment Handling Government Entity TDS Adjustments TDS Deduction Records Entries related to TDS Reversal Accounting TDS Deductions for Price Escalation and Reductions Excluded Transactions TDS deduction is not required for the below transactions. That’s why these are excluded while generating the Form 27Q. Purchase note Sales order Payment voucher Debit note Credit note Inventory vouchers Contra Payroll vouchers Optional vouchers Uncertain Transactions These transactions fall under the "Uncertain" category when they do not meet the criteria for either "Included" or "Excluded" categories. This typically happens due to insufficient information entered in the master or transaction records. Deduction Details This segment categorizes the deduction types for each included transaction. Deduction details are categorized as follows: Deduction at the Standard Rate Deduction at an Elevated Rate Lower taxable Expenses with reduced deduction Taxable expenses at a zero rate Transactions falling under the exemption limit Special cases with PAN exceptions Payment Details The payment details section includes information about TDS payments recorded in the most recent entries. These are relevant to the current TDS return filing period. Also, It lists only the payments relevant to the present period of TDS return filing . And excludes entries from other timeframes or entries unrelated to TDS payments. You'll find details of payments made for included and excluded transactions here. Under Section 271H of the Income Tax Act, no penalty will be charged if: The TDS (Tax Deducted at Source) is deposited to the government. The interest and fees for late filing (if applicable) are already deposited. If the return is filed within one year from the due date. Due Dates For Filing TDS Form 27Q The deadline to pay the TDS deducted (each month) falls on the seventh day of the subsequent month. However, this deadline is 30th April for March month. Due Date Chart TDS Form 27Q Quarter No. Quarter Period Due Date 1st Quarter April To June 31st July 2nd Quarter July To September 31st October 3rd Quarter October To December 31st January 4th Quarter January To March 31st May Penalties For Non-Compliance Late filing of Form 27Q (Penalty under Section 234E of the Income Tax Act, 1961) Minimum Penalty: Rs. 200 per day until the return filing. Maximum Penalty: The maximum penalty can be equal to the amount of TDS deducted. In simple terms, it can be as much as the total TDS amount that should have been deposited but was not, subject to a maximum limit. Non-filing of Form 27Q (Penalty under Section 271H of the Income Tax Act, 1961) Minimum Penalty: Rs. 10,000/- Maximum Penalty: Rs. 1,00,000/- TDS Deduction A penalty in the form of interest is levied on the taxpayer if the TDS is not deducted on time. This can amount to 1% per month or part of the month spent between the due date and the actual deduction date. Similarly, interest will be imposed at 1.5% monthly if the deducted TDS is not deposited on time. This interest is also calculated on any part of the month between the actual date of deduction and the actual date of deposit. TDS Certificate After filing the TDS returns, the payer must issue Form 16A or a TDS certificate to the non-resident. This TDS certificate must be handed over to the non-resident seller within a 15-day window from the last date of filing TDS returns for the respective quarter. Frequently Asked Questions (FAQs) What is Form 27Q? Form 27Q is a statement of deduction of tax under Section 200(3) of the Income Tax Act, 1961. It reports TDS deductions when payments are made to non-resident Indians (NRIs) and foreign entities. 2. Who is required to fill Form 27Q? Any entity that is deducting TDS from payments made to NRIs is required to file Form 27Q. 3. Is obtaining a Tax Deduction Account Number (TAN) mandatory to file Form 27Q? Yes, the deductor must obtain a TAN before filing Form 27Q. TDS can only be deducted or reported with a valid TAN. 4. What happens if the PAN is unavailable in Form 27Q? The tax deduction is generally done at a higher rate (approx 20%) when the PAN of the deductee is not provided. 5. Where can I find the Form 27Q and related guidelines? Its guidelines can be found on the official website of the Income Tax Department of India or through the NSDL and UTIITSL websites. Form 27Q is a crucial document for TDS (Tax Deducted at Source) compliance in India, especially for entities making payments to non-resident individuals or foreign companies. To file Form 27Q online, follow these steps: Visit the official income tax website and access the form. Fill in the necessary details, including PAN, payment information, and TDS amounts. Submit the form online, and remember to make the 27Q online payment through the specified channels. It's important to ensure accurate filing and timely payment to meet TDS obligations and avoid penalties. Form 27Q serves the purpose of reporting and filing TDS returns for such payments. Form 27Q is a vital component of TDS (Tax Deducted at Source) in India, particularly for payments to non-resident individuals or foreign companies. To file Form 27Q online, visit the official income tax website and fill in the required details, including PAN, payment information, and TDS amounts. Ensure accuracy in filling the 27Q form and make the TDS online payment through approved channels. Form 27Q is essential for reporting and filing TDS returns for these specific payments under the Income Tax Act. It is important to be aware of the 27Q TDS return due date to meet compliance requirements and avoid penalties. उपयुक्त दुवे आमचा लेख वाचा "मालाच्या विक्रीवर टीसीएस [विभाग 206 सी (1 एच)] - 01 ऑक्टोबर 2020 पासून नवीन तरतूद लागू तुमचे टीडीएस रिटर्न दाखल करा आता येथे क्लिक करा! आता येथे क्लिक करा! पीडीएफ मध्ये फॉर्म 27 क्यू डाउनलोड करा

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. आता प्रारंभ करा

Got a notice from the Income Tax Department? Get expert assistance and respond to notices with a tax expert! सहाय्य संबंधित टॅक्स सूचना जर तुम्हाला आयकर विभागाने कर परताव्याच्या विविध कारणांसाठी पाठवलेली नोटीस प्राप्त झाली असेल तर भारतात आवश्यक आयकर सूचना सहाय्य सेवा. सदोष परतावा १ 139 139 (२०१)) च्या सदोष रिटर्नसाठी तुम्हाला नोटीस मिळाली आहे का? रु .499 आता प्रारंभ करा मागणी / यू एस १33 (१) आपणास डिमांड नोटिस प्राप्त आहे / १ u3 (१) रु .499 आता प्रारंभ करा! दुरुस्ती यू / एस 154 आपण दुरुस्ती विनंती दाखल करू इच्छित आहात काय / 154 रु .499 आता प्रारंभ करा! आयटी रिटर्न संबंधित सर्व सूचना आयटी रिटर्न्स भरल्यानंतर आयटी विभागाकडून दोन सामान्य सूचना दिल्या जातातः اور १ 139 १ 139 (सदनिका) च्या सदोष परताव्याची सूचना २ / १ u3 (१) (अ) प्राइम-फेशिया mentsडजस्टमेंटची सूचना आयटी विभागाकडून इतर १ices not नोटीस दिल्या आहेत जसे की छाननी संबंधित नोटीस / कलम १33 (२), रिटर्न फाइलिंग नोटिस / १ /२ (१) इत्यादी. परंतु सध्या आम्ही सल्लामसलत आणि उपरोक्त दोन सूचनांशी संबंधित मार्गदर्शन व दुरुस्ती विनंती अर्ज १ u4. आम्ही आता त्या प्रत्येकावर चर्चा करूः 1. 139 (9) च्या दोषपूर्ण परताव्याची सूचना ● Notice Under Section 133(6) Reasons for receiving notice u/s 133(6) include: Failure to file ITR despite having income exceeding the basic exemption limit as per the AIS (Annual Information Statement) . Incorrect reporting of income A significant difference between the reported income in the ITR and the expenditures reflected in the AIS. ● Intimation Under Section 143(1)- (Routine Communication) १ 139 १ 139 (सदनिका) च्या सदोष परताव्याची सूचना पुढील अटी पूर्ण न केल्यास उत्पन्न परत करणे सदोष मानले जाते: اور (अ) उत्पन्नाच्या प्रत्येक प्रमुख अंतर्गत परतावातील अनुबंध, स्टेटमेन्ट आणि स्तंभ, एकूण उत्पन्नाची गणना आणि एकूण उत्पन्न भरले गेले आहे اور (ब) परताव्यासह एकूण उत्पन्नाची गणना करण्याचे विधान असते اور (सी) परतावा ऑडिट अंतर्गत असेल तर त्याचा लेखापरीक्षण अहवाल यू.एस. ABAB ए.बी. किंवा अहवाल सादर केल्याचा पुरावा यासह असेल. اور (डी) परताव्यासह कर भरण्याचा पुरावा आणि टीडीएस आणि टीसीएस असल्यास काही असल्यास, اور (इ) खात्यांची नियमित पुस्तके ठेवल्यास परतावा मॅन्युफॅक्चरिंग, ट्रेडिंग आणि प्रॉफिट आणि लॉस अकाऊंटसह बॅलन्स शीट इ. اور (फ) खात्यांची नियमित पुस्तके न ठेवल्यास, परताव्यासह उलाढालीचे प्रमाण दर्शविणारी स्टेटमेन्ट दिलेली असते किंवा जसे की एकूण उत्पन्न, एकूण नफा, खर्च आणि व्यवसाय किंवा व्यवसायाचा निव्वळ नफा आणि ज्या आधारावर अशा रकमेची गणना केली गेली आहे आणि मागील वर्षाच्या अखेरीस एकूण भांडवली कर्जदार, स्वतंत्र कर्जदार, स्टॉक-इन-ट्रेड आणि रोख शिल्लक किती प्रमाणात आहेत याची माहिती दिली आहे. اور (छ) मालकी व्यवसाय किंवा व्यवसायाच्या बाबतीत, मालकांचे वैयक्तिक खाते; एखाद्या कंपनीच्या बाबतीत, व्यक्तींची किंवा व्यक्तींची संस्था असणारी, भागीदारांच्या किंवा सदस्यांची वैयक्तिक खाती; आणि एखाद्या कंपनीचे भागीदार किंवा सदस्याच्या बाबतीत, व्यक्तींचे किंवा व्यक्तीचे शरीर असणारी संस्था, त्याचे त्याचे वैयक्तिक खाते, फर्ममधील व्यक्ती किंवा व्यक्तींचे शरीर; اور (ज) जेथे निर्धारकाच्या खात्यांचे लेखापरीक्षण केले गेले असेल तेथे परताव्यासह लेखापरीक्षण नफा व तोटा खाते आणि ताळेबंद आणि लेखापरीक्षकाच्या प्रती आणि ज्यामध्ये निर्धारणाच्या किंमती लेखाचे लेखापरीक्षण केले गेले आहे त्यासह कंपनी अॅक्ट १ 6 66 च्या १ 3 B बी (१ 195 236 चा १) तसेच त्या कलमांतर्गत अहवाल; اور ● Demand Notices Under Section 156 When taxpayers have outstanding taxes that need to be settled, the income tax department issues a demand notice under Section 156. This notice functions as a formal demand for the unpaid taxes, specifying the amount owed and the deadline for payment. Additionally, it may detail any additional charges, such as fines or interest, that have accrued. Receiving such a notice can be a serious matter, and it's advisable to seek assistance from a tax professional. They can help you understand the implications of the notice and assist you in taking the necessary steps to address the outstanding tax liabilities. When there are outstanding dues after assessment, the Income Tax Department issues a Demand Notice under Section 156. This notice specifies the amount payable, including taxes, interest , and penalties. Key points to note about this notice include: Timely payment is crucial to avoid further penalties and legal action. If the taxpayer disagrees with the demand, they can file an appeal with the Appellate Authority. It's essential for taxpayers to review the demand notice carefully, understand the components of the outstanding amount, and take appropriate action. Failing to address the demand can lead to additional financial liabilities. Being aware of these common types of income tax notices and understanding their implications is vital for taxpayers in India. Prompt and accurate responses, as well as seeking professional assistance when necessary, can help individuals and businesses effectively manage income tax notices and ensure compliance with tax laws. ● Notice Under Section 142(1) Reasons for receiving notice u/s 142(1) include: The assessing officer wants additional information or documents about the filed income tax return , such as a statement of assets and liabilities and claim certificates. ITR was filed after the due date. Being non-responsive to this notice will result in a penalty of Rs 10,000, Prosecution (extended up to 1 year), or both. 2. 143 (1) (अ) प्रिम फासिया समायोजनाची सूचना २. प्राइम फॅशिया mentsडजस्टमेंटची सूचनाः कलम १33 (१) (अ) اور प्राप्तिकर अधिनियमाच्या कलम १33 (१) (अ) नुसार १ 139 १ u नुसार कोणताही परतावा भरला गेला असेल तर अशा रिटर्नवर प्रक्रिया केली जाईल आणि पुढील mentsडजस्ट केल्यावर मिळकत / तोटा मोजला जाईल: اور (i) परतीमध्ये कोणतीही अंकगणित त्रुटी; اور (ii) चुकीचा दावा, जर असा चुकीचा दावा परताव्याच्या कोणत्याही माहितीतून स्पष्ट झाला असेल; मागील वर्षी परत जे नुकसान हक्क सांगितला आहे विभाग 139 उप-कलम (1) अंतर्गत निर्दिष्ट देय तारीख पलीकडे खोलीत होते बंद ठेवले तर (iii) नुकसान disallowance दावा; (iv) ऑडिट अहवालात दर्शविलेल्या खर्चाची अनुमती न देणे परंतु परताव्यामध्ये एकूण उत्पन्नाची गणना करताना विचारात घेतले नाही; (v) कलम १० एए , -०-आयए , -०-आयएबी , -०-आयबी , -०-आयसी , -०-आयडी किंवा कलम -०-आयई अंतर्गत दावा कमी केल्याचे अनुमती न दिल्यास, परतावा पोट-कलमांतर्गत निर्दिष्ट तारखेच्या बाहेर दिले असल्यास. (१) कलम १ of; चे; किंवा اور परंतु वरील प्रमुखांखाली काही फेरबदल करण्यासाठी करदात्यास माहिती दिली जावी; اور कोणतीही समायोजन करण्यापूर्वी करदात्याच्या उत्तराचा विचार केला पाहिजे आणि days० दिवसांच्या आत उत्तर न मिळाल्यास समायोजन केले जाऊ शकते. اور 3. दुरुस्ती विनंती यू / एस 154 बर्याच वेळा असे होते की आयकर प्राधिकरण अर्थात सीपीसी किंवा प्राप्तिकर अधिका-यांनी दिलेल्या ऑर्डरमध्ये त्रुटी आली आहे. त्रुटी कदाचित काही चुकांमुळे असू शकते जी रेकॉर्डवर उघड आहे. اور या चुका / त्रुटी दूर करण्यासाठी प्राप्तिकर अधिनियमातील कलम १ u4 मधील चुका सुधारण्यासाठी प्राप्तिकर अधिकार्यास शक्ती देण्यात आली आहे. اور दुरुस्ती विनंती करदात्याद्वारे केली जाऊ शकते किंवा ती प्राप्तिकर प्राधिकरणाच्या सू मोटोद्वारे दुरुस्त केली जाऊ शकते. اور दुरुस्ती आदेशाची मुदत आर्थिक वर्षाच्या अखेरीस years वर्षे आहे ज्यात दुरुस्ती करण्याचा प्रयत्न करण्याचा अधिकार प्राधिकरणाद्वारे मंजूर केला जातो. आता सीपीसी, बेंगलुरुने दिलेल्या आदेशांच्या संदर्भात सर्व सुधारण विनंती फक्त आयटी वेबसाइटच्या ई-फाइलिंग पोर्टलद्वारे ऑनलाइन केल्या पाहिजेत. اور आपणास 143 (1) (अ) चुकीची असून सुधारित करणे आवश्यक आहे अशी कोणतीही ऑर्डर प्राप्त झाली आहे, कृपया आमच्याशी 91-8955833830 येथे संपर्क साधा किंवा ऑनलाईनइंडीटाएक्सफिलिंग्ज @ gmail.com वर ईमेल करा. اور आपण येथे माहिती ऑर्डर देखील अपलोड करू शकता. ● Tax Notice Under Section 148 This notice is issued if the Income Tax Department believes that the Taxpayer has not correctly disclosed the income to pay less taxes or If an individual has not filed the return, even they are mandated to do so. In response to the notice, individuals must provide income details again for a specific financial year, along with any supporting documents, such as proof of tax-saving investments made during that period. A notice under Section 148 is issued when the department believes that certain income has escaped assessment, such as undeclared income or investments . This notice allows the department to reopen a previously filed assessment. Key points to note about this notice include: The taxpayer must respond to the notice and provide relevant information. The Assessing Officer will conduct a fresh assessment based on the information provided. Scrutiny assessment notices are typically more detailed and require thorough documentation and cooperation with the Assessing Officer. Seeking professional assistance is often advisable to navigate these complex assessments effectively. ● Intimation Under Section 245 The assessing officer issues intimation u/s 245 to confirm with the taxpayer if pending tax dues from previous financial years can be adjusted using the income tax refund issued in the current assessment year. Individuals have the option to agree or disagree with the proposed adjustment within 30 days. Important: It's vital to respond to the notice within the specified timeframe. Otherwise, the tax authorities will automatically adjust the pending tax dues against the income tax refund and issue the balance refund amount, if any. How To Authenticate Notice/Order Issued by ITD? Authenticating an income tax notice or order issued by the Income Tax Department (ITD) is a crucial step before responding to it. Here's how you can authenticate an income tax notice online on the income tax portal: Visit the official income tax website and click on the ‘Authenticate notice/order issued by ITD’ under ‘Quick Links.’ 2. You have two options to authenticate the income tax notice: 3. PAN, document type, assessment year, issue date, and mobile number (for notice/order/letter issued for AY 2011-12 and subsequent years only) 4. Document Identification Number and mobile number (for all assessment years) 5. After filling in all the details in the chosen option, you will receive an OTP. Once it is validated, the date of the issue of the notice, along with the DIN of the notice will be issued. If in case, the notice is not issued by the ITD, it will display the following message – “No record found for the given criteria.” How To Effectively Respond To an Income Tax Notice? When you get an income tax notice due to any of the above-mentioned scenarios, the following measures can be taken to respond efficiently. First things first: carefully read the notice and find out why it was sent. Pay close attention to the deadlines mentioned. Many times, tax authorities send notices mistakenly. To ensure the notice is intended for you, double-check your name, PAN number, and address. Gather all relevant documents and records according to the specific tax matter mentioned in the notice. Respond to the notice within the given timeframe to avoid further penalties or legal consequences. Sometimes, it’s not possible for individuals to understand the terminologies; in such a scenario, consider seeking advice from a tax professional or a CA (chartered accountant). Maintain copies of all correspondence, including your response to the notice and any supporting documents submitted. Notice resolution can take time, so maintain patience. Be proactive in addressing any further requests or queries from the tax authorities. How Can KarrTax Help You With Income Tax Notice Assistance? KarrTax has a team of experienced tax professionals who specialize in handling income tax notices of all kinds. Whether it's a scrutiny notice, demand notice, or any other communication from the tax authorities, we have the expertise to assist you effectively. Here are some of the reasons why you should choose us: We provide personalized solutions tailored to specific circumstances. Affordable rates start from Rs.499, with no hidden fees. (varies according to the issued notice type) We believe in transparency and clarity. From the initial consultation to the resolution of your tax notice, we'll keep you informed about the process, timelines, and potential outcomes. Dedication to providing personalized attention. Proven track record of assisting clients successfully with income tax notices. Frequently Asked Questions (FAQs) 1.What if a taxpayer ignores the income tax notice? Ignoring an income tax notice can lead to serious consequences, such as penalty proceedings, conducting a tax audit, or even prosecuting the taxpayer for non-compliance. 2.Is it mandatory to authenticate the notice/order by Income Tax Authorities? Absolutely, yes! It's essential to authenticate any notice or order issued by the authorities to ensure its authenticity and legitimacy. Even the department encourages this! That’s why, since October 1st, 2019, every communication from the Income Tax Department is assigned a unique Document Identification Number to help safeguard against fraudulent or unauthorized correspondence. 3.In how many days an individual can respond to the income tax notice? The time period for responding to an income tax notice typically varies depending on the nature of the notice and the specific instructions provided therein. For instance, the timeline for responding to notices u/s 139(9) is 15 days, while for intimation u/s 245, it’s 30 days. Strategies for Effectively Responding to Income Tax Notices To respond effectively: Understand the Notice: Carefully read and comprehend the notice to formulate a proper response. Seek Professional Assistance : Consider engaging a tax professional for guidance. Gather Comprehensive Documentation: Collect relevant documents to support your response. Respond Promptly: Adhere to response timelines to avoid penalties. Be Accurate and Complete: Ensure your response addresses all issues accurately. Maintain Open Communication: Communicate challenges or delays promptly. Consider Legal Options: Explore appeals if you disagree with the assessment. Keep Records: Maintain copies of all correspondence and documents. Stay Informed: Stay updated on tax laws and regulations. Seek Professional Review: Have a tax professional review your response. Be Patient: Notice resolution can take time; maintain patience. Learn from the Experience: Evaluate and implement improvements. Consider Professional Tax Planning: Engage in tax planning to prevent future notices The Significance of Seeking Professional Assistance Professional tax assistance offers several advantages: Expertise and Experience: Tax professionals specialize in resolving tax issues, providing accurate guidance and representation. Efficient Resolution: They analyze notices, identify issues, and develop effective strategies for timely resolution. Compliance and Accuracy: Professionals ensure responses comply with tax laws, minimizing errors and penalties. Peace of Mind: Outsourcing tax matters allows you to focus on other aspects of your life or business. Risk Mitigation: Professionals reduce the risk of mistakes in your response. Finding the Right Income Tax Notice Assistance Service Provider Selecting the right service provider is crucial: Expertise and Experience: Look for experienced professionals specialized in your type of notice. Reputation and Track Record: Check for positive reviews and successful resolutions. Transparent Pricing: Understand the cost and potential fees upfront. Communication: Choose providers who maintain open and responsive communication. Ethical Practices: Ensure ethical conduct and compliance with tax laws. Initial Consultation: Use the initial consultation to assess their approach and expertise. Case Study: Handling Income Tax Notices Here's a consolidated case study to show how taxpayers might encounter various types of income tax notices: 1. Mr. Rajesh, a salaried individual, filed his income tax return for the assessment year 2022. After filing, he received a notice from the Income Tax Department. Scenario: Mr. Rajesh, a salaried individual, filed his income tax return for the assessment year 2022. Type of Notice: Notice under Section 143(1) - Intimation Notice Action Taken: Rajesh reviewed the notice and found that there were no discrepancies in his income and tax calculation . He agreed with the assessment and took no further action. Outcome: No further action was required as Rajesh's return was accepted as filed. 2. In another scenario, Ms. Priya, a self-employed professional, filed her income tax return for the assessment year 2023. However, she made an error in her tax calculation, resulting in an underpayment of taxes. Scenario: Ms. Priya, a self-employed professional, filed her income tax return for the assessment year 2023. Type of Notice: Notice under Section 139(9) - Defective Return Notice Action Taken: Priya received a notice indicating the defects in her return. She promptly corrected the errors and submitted the revised return within the specified timeframe. Outcome: The corrected return was considered valid, and Priya avoided penalties for the underpayment. In a different scenario, Mr. Sanjay, a business owner, filed his income tax return for the assessment year 2021. The department suspected undisclosed income based on financial transactions. 3. Scenario: Mr. Sanjay, a business owner, filed his income tax return for the assessment year 2021. Type of Notice: Section 148 Notice - Reopening of Assessment Action Taken: Sanjay received a Section 148 notice, indicating that his assessment was being reopened. He provided all requested information and documents to the Assessing Officer. Outcome: After a thorough assessment, the department determined additional tax liability, and Sanjay had to pay the outstanding amount along with penalties and interest. 4. In another scenario, Ms. Anjali, a freelance consultant, filed her income tax return for the assessment year 2022. The department decided to scrutinize her return in detail. Scenario: Ms. Anjali, a freelance consultant, filed her income tax return for the assessment year 2022. Type of Notice: Section 143(2) Notice - Scrutiny Assessment Action Taken: Anjali received a Section 143(2) notice, requesting various documents and details. She collaborated with a tax professional to prepare and submit the required documentation. Outcome: The scrutiny assessment concluded with no significant discrepancies, and Anjali's return was accepted as filed after a thorough examination. Lastly, a Demand notice showing unpaid dues was sent to Mr. Alok, a retired person with rental income . After reviewing the notice, he paid the outstanding amount within the specified timeframe, resolving the issue without further legal action. Income tax notices can take various forms, and it's essential to understand the types of income tax notices you may encounter. One common notice is under Section 139(9) of the Income Tax Act, which is issued when an ITR filed is defective or incomplete. These notices, often referred to as IT notices, require your attention and prompt response to rectify any issues with your tax filing. Additionally, you might come across an intimation under Section 143(1), which is an automated communication from the Income Tax Department summarizing your return's assessment. Being aware of these different types of income tax notices is crucial for maintaining compliance with tax regulations. Received an Income Tax Notice? Relax! Our Experts are here to answer all your queries. Just connect with one below. आता प्रारंभ करा

Navigate the intricacies of GST compliance with Karr Tax and let us handle the intricacies so you can focus on your business growth. GST Annual Return Filings: Price List जीएसटी वार्षिक परतावा भरणे तू निवड कर मूलभूत 5 कोटी पर्यंतच्या उलाढालीसाठी वार्षिक परतावा, اور रु. 5000 आता प्रारंभ करा मानक 5 कोटी रुपयांपेक्षा जास्त उलाढालीसाठी वार्षिक परतावा परंतु आरएस .१० कोटीपेक्षा कमी रु. 10000 आता प्रारंभ करा प्रीमियम रुपये पेक्षा जास्त उलाढालीसाठी वार्षिक परतावा 10 कोटी اور 15000 रु आता प्रारंभ करा What is GST Annual Return? नवीन जीएसटी राजवटी अंतर्गत, प्रत्येक करदाता / संस्थांना त्यानुसार तयार केलेल्या नियमांनुसार जीएसटी वार्षिक रिटर्न भरणे आवश्यक आहे. 1 जुलै, 2017 पासून जीएसटी लागू करण्यात आला असल्याने प्रथम वार्षिक परतावा एफ. वाय. 2017-18 आणि त्याची नियत तारीख आधीपासून कालबाह्य झाली आहे. म्हणूनच सध्या एफ.आय.आर. साठी जीएसटी वार्षिक परतावा 2018-19 आणि त्यानंतर दाखल होणार आहे. वार्षिक परतावा भरण्याची अंतिम तारीख आर्थिक वर्षाच्या समाप्तीपासून म्हणजेच 31 डिसेंबरपर्यंत 9 महिन्यांच्या आत आहे परंतु देय तारीख वाढतच राहिली आहे. एफ.आय.आर. च्या वार्षिक परताव्याची देय तारीख कोविड -१ p p (साथीचा रोग) सर्व देशभर (किंवा खंडभर) असलेला झाल्यामुळे 2018-19 30 सप्टेंबर 2020 पर्यंत वाढविण्यात आला आहे. वार्षिक रिटर्न भरण्यापूर्वी जीएसटीआर-3 बी आणि जीएसटीआर -१ सारखे सर्व रिटर्न्स संबंधित वित्तीय वर्षासाठी दाखल कराव्यात. What Are The Distinct Types of Annual GST Returns? GSTR-9: Annual Return Entities who exceeds a turnover of ₹2 crores are required to file GSTR-9. It includes details of sales, purchases, input tax credits, and tax liabilities for the entire financial year. GSTR-9A: Annual Return for Composition Taxpayers GSTR-9A applies to taxpayers who have opted for the composition scheme . This form encompasses details related to composition scheme transactions and addresses their specific needs. GSTR-9B: Annual Return for E-commerce Operators The e-commerce operators who have filed GSTR-8 need to file GSTR-9 and are required to collect tax at source (TCS) under section 52 (5) of the CGST Act, 2017. GSTR-9C: Reconciliation Statement and Certification Every individual whose turnover during a financial year exceeds Rs.5 crore rupees should file GSTR-9C. It comprises two parts – a reconciliation statement reconciling the taxpayer's financial statements with the GST returns and the certification part. वार्षिक परताव्याचे प्रकार GSTR-9 is primarily meant for regular taxpayers registered under GST and businesses operating under standard tax provisions. Who is Ineligible for GSTR-9 Return Filing? Composition Scheme Taxpayers who have been selected for the composition scheme under GST but need to file GSTR-9A. Non-Resident Taxpayers who do not have a fixed place of business in India. Input Service Distributors (ISD) who distribute input tax credits to their branches or units. Casual Taxpayers who occasionally undertake supply of goods and services transactions in a state or Union Territory where they do not have a regular place of business. Entities who are deducting or collecting Tax Deducted at Source (TDS). What Is The Last Date for GST Annual Return Filing? The last date for GST annual return filing is the 31st of December, the year following the relevant financial year. But if not filed on time, the following penalties will be levied. Penalties For Late GSTR-9 Filing There's an amnesty scheme if you missed filing GSTR-9 for 2017-18 up to 2021-22. If you file it between April 1, 2023, and June 30, 2023, and your late fees are more than ₹20,000 (Rs. 10,000 for CGST and SGST), they will be waived. For those with a turnover up to ₹5 crore, filing GSTR-9 after the due date incurs a late fee of ₹50 per day (Rs. 25 for CGST and SGST), with a maximum cap of 0.04% of turnover in the state/UT. Before the financial year 2022-23, if you missed the due date for filing GSTR-9, the penalty was ₹200 per day. This consisted of ₹100 for State GST (SGST) and ₹100 for Central GST (CGST). However, there was a cap, and the penalty couldn't exceed 0.25% of your total turnover on which the penalty was applied. From the financial year 2022-23 onward, if your turnover is up to ₹5 crores, the penalty is reduced to ₹50 per day. Of this, 25 goes to SGST, and ₹25 goes to CGST. If your turnover exceeds ₹5 crores, the penalty is ₹100 per day, with ₹50 for SGST and ₹50 for CGST. Prerequisites for filing GSTR-9 To file GSTR-9, you must be a regular taxpayer under GST for at least one day a year. When you fill out GSTR-9, you need to share basic info about your business for the year, like what you sold, what you bought, the taxes you paid, any refunds you claimed, and if there were any issues with the tax authorities. Before doing GSTR-9, ensure you've already filed GSTR-1 and GSTR-3B for the same year because GSTR-9 collects data from these forms. Details Required For GSTR-9 Return Filing The GSTR-9 form is divided into 6 parts and 19 sections, including details of supplies made. Here’s a detailed explanation. Part-1: Basic Information This section includes the financial year, taxpayer’s GSTIN , legal, and trade name (if any). Part-2: Details of Outward and Inward Supplies It consists breakdown of supplies made and received during the particular financial year. Part-3: Details of Input Tax Credit (ITC) This part consolidates details of the ITC availed during the financial year. From 6A to 6O, includes details of ITC availed on various inward supplies. From 7A to 7J, include details of ITC Reversed and Ineligible ITC. From 8A to 8K, include details of other ITC-related information. Part-4: Tax Paid Details Part-5: Transactions Particulars For The Previous Financial Years This part of the form covers transactions from the last financial year that were reported in the returns filed from April to September of the current financial year or until the date when the annual return for the previous financial year was filed—whichever happened first. Part-6: Other Information The final part encompasses details of Particulars of demands and refunds Total demand for taxes Total taxes paid Supplies information received from composition taxpayers Summary of outward and inward supplies HSN-wise Late fee payable and paid. How Karr Tax Can Assist You With GST Annual Filing ➔Expert Guidance We have a team of experts who are there for you to provide expert guidance . Our process starts with understanding the business aspects that may influence GST compliance. Then, according to the intricacies, we choose a customized compliance plan that ensures a smooth filing process. ➔Customized Pricing Plans Our pricing plans are divided into three categories according to each client's unique requirements. Here’s the breakdown. Basic at ₹3999 Standard at ₹7499 Premium at ₹9999 If you need any assistance regarding which plan to go for, contact our experts , who will help you with all your queries. ➔Real-Time Support With our dedicated communication channels, including email, phone, and messaging platforms, we offer real-time support to our clients. The GST filing process involves various aspects, and it's obvious to seek clarification on specific elements. So, if you have questions about specific entries in the GSTR-9 form or encounter uncertainties during the filing process, our experts can provide you with detailed explanations and clarification. ➔Post-Filing Support At Karr Tax, we believe in building strong business relations with our clients. That’s why our support does not stop once the GST Annual Filing is submitted. We proactively monitor for any communications or inquiries from tax authorities and anticipate potential queries that may arise during the compliance process. ➔360 GST Return Filing Service s Our services are not limited to GST annual return filing, but we offer 360 GST return filing services , which include everything from GST registration to quarterly returns (GSTR-1 and GSTR-3B) and annual filings (GSTR-9). The best part? Our prices are structured to be accessible for businesses of all sizes, whether you're a small startup or a larger enterprise. However, affordability does not mean that we compromise on our services. Yet, we believe in providing affordable yet high-quality services. Frequently Asked Questions (FAQs) 1.What is the GSTR-9 form, and who is eligible for its filing? GSTR-9 is an annual return that comprehensively summarizes a taxpayer's activities throughout the financial year, including sales, purchases, input tax credit availed, and tax paid details. Now, who is eligible for its filing? So, all the registered taxpayers are required to file this form except: Non-Resident Taxpayers Causal Taxpayers Input service distributors Entities who are deducting or collecting Tax Deducted at Source (TDS). 2.Can I file a “NIL” GSTR-9 return? The eligibility criteria below should met for “NIL” GSTR-9 return filing. Zero Outward Supply No credits or refunds to be claimed Zero Receipt of Goods/Services No Other Reportable Liabilities Non-Claimed Credits No Outstanding Late Fees Absence of Demand Orders 3. Can the filed GSTR-9 be revised? No, it is not possible to revise GSTR-9 once it is filed. That’s why reviewing the information before submission is crucial to ensure accuracy. 4.Is GSTR-9A & GSTR-9C the same? No, these forms are totally different. GST-9A is the annual return filed by the Composition Dealer, consolidating their annual turnover details, while GSTR-9C is a reconciliation statement and audit report under GST. 5. Can GSTR-9 be amended? No, it is not possible to amend GSTR-9. 6. Should the GSTR-9 return be filed at the entity level or GSTIN level? Form GSTR-9 return should be filed at the GSTIN level, which means it needs to be done for each unique GST registration. If a taxpayer holds multiple GST registrations in the same or different states under the same PAN, the requirement is to submit the annual return separately for each registration. This applies to cases where the GSTIN was registered as a normal taxpayer during the financial year, either for a specific duration or for the entire financial year. Taxpayers must recognize the individual nature of each GST registration and fulfill the annual return obligation for each one accordingly.