Get started with your tax filing:
1. Send us your Income tax related queries.2. Our experts will get back to you for discussion.
3. E-mail us your documents and details as discussed.
4. Experts will prepare and file your NRI tax return.
5. ITR-V (submission and verification form) will be send to your e-mail.
6. You are done. Now, just relax and wait for your REFUNDS (if calculated).
FileTaxIndia is a premier firm with highly specialized team of Chartered Accountants having experience in
the field of International and expat taxation. Our team is based in India and UAE (middle east) and
we have been providing services to Indians living in US, UK, Canada, UAE etc. We provide top
quality services to our clients and always available to answer queries at any time. Not only
will we provide you services with highest diligence, our experts are always available for discussion.
Give us the opportunity to work with you and we promise the best services.
Why you should file tax return?
Majority of Population think that filing Income tax return is voluntarily and therefore get away with the responsibility of filing Income tax return. Filing Income tax return is moral duty of every responsible person who have taxable Income in India. Two Key ingredients of Income tax return are:
Declare all income earned during the previous year
Pay up the entire tax liability/ claim refunds for excess TDS.
If you are being lazy and the date 31st of July seems like a far call then you are wrong, filing tax as early as possible is a good practice to avoid getting into crosshairs of the last minute rush filers & make mess of tax return. Prepare and execute your return ASAP.
You can file tax even if you have missed the deadline of July 31st, Penal interest will be charged only on pending tax liability. Penal interest increases with each passing month you delay to file tax if there is any pending tax liability.
A penalty of Rs 5,000/- is liable if failed to file tax on or before due date. Tax returns are also subject to time barring provision i.e. you cannot file tax returns for any years preceding financial year 2017-18.
Every year you create your financial record with tax department. This financial / tax history is positively viewed by most agencies with whom you may need to interact such as when you want to apply for loans or VISA, etc.
Acts as a valid proof for all your investments and source of income.
Acts as a valid proof for all your investments and source of income.
NRI or not, any individual whose income exceeds Rs.2,50,000 for Financial Year ending 31st March 2018 is required to file an income tax return in India. With the Introduction of new law, which is applicable for returns of FY 2017-18, penalty for Rs. 5000 will be levied if return is filed after due date but before 31 st December, 2018 and Rs. 10,000 for returns filed after that. However for assesse having taxable Income upto Rs. 500,000, amount of penalty shall not exceed Rs. 1000.