- Put your trust in tax professionals to file your income taxes.
- We assist you in legally minimizing your tax obligations.
- Our assistance includes accurate tax liability computation and timely reimbursement.
- We submit ITRs for individual, companies, businesses, partnership firms, trusts, etc.
Why Choose PJY For Income Tax Return?
PJY and Company, Chartered Accountants, has developed into a full-service accounting, tax, and audit company offering a broad range of services to clients in India and beyond that satisfy each and every one of their needs.
Examination and Verification
We offer a variety of audit and assurance services to help our clients manage risk, accomplish business goals, and enhance their overall performance. Our services are based in India.
Compliance & Taxation
We make every effort to simplify taxation and compliance. creation of an effective and efficient management system and control for tax-related needs and compliances.
Services for Management Consulting
We help organizations operate better by offering support. Inform companies about best practices and assist groups in creating optimal procedures.
Banking and Related Services
We help businesses prepare their finances and be risk-averse. wide range of financial management, investing, and use of funds with suitable returns services.
Services for Project Consultancy
We assist enterprises with the creation of project profiles and reports, the procurement of money from NBFCs and Scheduled Banks, the provision of technical know-how, etc.
Contracting Out Business Operations
We help businesses outsource business processes so they may focus entirely on their core competencies and contract out non-essential tasks to get better results.
Matters of Company Law
From incorporation to any basic corporate problems, company law services are provided. At every stage of a business, we offer services.
Services Related to Labor Law
We offer consultation in all areas related to state and federal governments’ compliance with labor laws.
Advisory Services in General
We offer consultation in all areas related to state and federal governments’ compliance with labor laws.
Income Tax Return Filing – PJY Services
Salaried Income Tax Return Filing
Filing income tax returns, preparing tax computations, and filing on behalf of several employers in a single year; Examination of form 16, salary slips, bank statements, yearly information statements, and 26AS
Income Tax Return for Property Sales
Income Tax Return Submissions, tax computation preparation, capital gains calculation, calculating the acquisition, improvement, and indexation costs; Examination of the sale agreement, the stamp duty value, the stamp duty paid, and the forfeiture.
Return of Income Tax for FD Interest
Correct FD Interest computation, income tax return filings, 26AS analysis, annual information statements, FD Interest Certificates, and bank statements.
Share Trading ITR Filing
ITR filing for share trading includes calculations of profit and loss, turnover, and purchases.
Business ITR Filing
This includes preparing balance sheets, profit and loss accounts, and income tax returns. ITR 3 filings, income tax audits, and section 44AD filings.
Pension Income Tax Return Filing
Income Tax Return Submissions, preparing tax computations and filing jointly with many employers in the same year; examination of form 16, pension slips, bank statements, yearly information statements, and 26AS.
NRI Income Tax Return
Filings for Non-Resident Income Tax Returns Identifying the residence status, calculating the taxable income, and calculating the non-taxable income.
Return of Income Tax on Rental Income
Income Tax Return filings for income from rents on real estate and interest estimates on loans obtained for real estate.
F&O Transactions ITR Filing
Income Tax Return Filings, F&O Transaction Understanding, Income Tax Audits (if turnover surpasses predetermined thresholds)
Income Tax Return for Companies
filing income tax returns for businesses that are incorporated under the Companies Act. preparing the tax liability computation, submitting the profit and loss statement, and creating the balance sheet
What is income tax?
Income tax is one of the direct taxes levied against your entire income. It suggests that a portion of your income is paid to the government. The government levies this tax on consumption related to health, education, agribusiness, framework, and so on. It is paid by a person, HUF, or any citizen based on pay levels or gains in a fiscal year. An organization must pay income tax, regardless of the amount of your payment. The government occasionally passes legislation endorsing the rate of taxation on your income.
How to file an income tax return online?
You can submit your ITR (income tax return) electronically using either the annual tax e-filing or PJY and Company. If you want to file the return through the government entry, you must do so. You can file an income tax return both offline and online.
A. In offline mode, go to https://www.incometaxindiaefiling.gov.in/home and get the material ITR form in excel or java format from the download, ITR returns arrangement programming tab. A ZIP file will be downloaded. Please open the ZIP file and complete all of the required fields in the utility. Make sure to approve all of the sheets and click on the computer charge. Next, build and save the XML utility. The Excel/Java utility is ready to be moved to the entrance for filing. Complete the check of return from the six options available, and then submit the form.
B. To file income tax returns offline, log in using your PAN and password and enter the captcha code. After that, navigate to the e-file tab and open your income tax return. Then connect starting with the drop. Fill out the necessary information and select Prepare and Submit Online as the accommodation mode. Fill out the ITR form that was opened online. To save the completed return online, click the Save as a Draft option. Confirm the return using Aadhaar OTP/EVC or by providing an actual duplicate to CPC. Then, submit the return.
How Many Types of Income Tax?
- Income from salary
- Income from house property
- Income from profits and gains from business or profession
- Income from capital gains
- Income from other sources
Getting Your Income Tax Return Done With PJY and Company: An 11-Step Guide
Filing your income tax return (ITR) does not have to be a hassle! PJY Chartered Accountants are here to walk you through the procedure, step by step, in plain words.
Here’s what to expect:
- Send Your Documents: Begin by emailing copies of your PAN card, Aadhar card (both sides), mobile phone number, and email address.
- Gather Your Income Information: Gather all documentation pertaining to your income, such as Form 16, salary slips, interest certificates, trading statements, and loan interest certificates. Send them to PJY and Company by email (pjyandcompany@gmail.com).
- Create Your Profile or Reset Your Password: This step allows you to access your online tax profile via Aadhar OTP.
- Document Analysis and Draft Creation: Your papers will be evaluated and reconciled against multiple sources, including 26AS and Form 16. This could take several days, and they may require further documentation if necessary.
- Draft Review: You will obtain a preliminary income computation via email or at their office.
- Consultation with Expert: Discuss your draft and get specific tax planning guidance to ensure a smooth assessment.
- Final Draft and Charge Details: You will receive the final revenue calculation and charge details via email or at their office.
- Filing and E-verification: After you approve the draft and pay the money, PJY & Company will file your ITR and e-verify it with Aadhar OTP. (They will handle any additional tax payments first, before filing.)
- Final Documents & Tax Challan (if applicable): You will receive the final income computation, ITR, and tax challan receipt (if required) via email or in person at their office.
- CPC Processing and Intimation: The ITR will be forwarded to the Income Tax Department for processing. Under section 143, you will receive a “intimation” explaining any refund or additional tax due.
- Ongoing Support: To minimize future complications, PJY & Company will watch for any tax notices or demands from the department, including those from previous years.