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Showing posts with the label Online Filing Income Tax

How to Solicit of a NGO Registration and Steps Involved in e-filing of Income Tax Returns

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NGO Registrationin India Online can be obtained additionally at the confederation level, i.e., in the office of the Registrar of Societies or at the domain level, i.e., in the office of the District  Magistrate or the local devoir of the place of work of the Registrar of Societies. According to a constituent of the Indian Companies Act, 1956, i.e., Section 25(1)(a) and (b), a  section 25 corporation can be entrenched for fostering commerce, art, science, religion, charitable institution or any other useful object, provided all the gains, if any, or other emoluments are put in a petition for proselytizing only the objects of the company and no dividend is paid to its shareholders or bondholders. Procedure of NGO Registration in India Legislation: Section 25 conglomerations are registered under section 25 of the Indian Companies Act, 1956. Main Instrument: For a section 25 establishment, the main instrument is a memorandum of association (MOA)  and art...

What is ITR e-Filing and How it is Important for Each One of Us?

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Income Tax Filing Online is a must for all. E-filing is a system for submitting tax documents to India through the use of the internet or direct connection, usually without the need to submit any paper documents. Tax preparation software with e-filing capabilities includes stand-alone programs or websites. Simply stating, e-filing or electronic filing is submitting your income tax returns online. There are two ways to file your income tax returns. The traditional way is the offline way, where you go to the Income Tax Department’s office to physically file your returns. To upload ITR, i.e., Income Tax Returns, there are certain steps to be followed. ● Download the ITR preparation software for the relevant assessment year to your desktop/laptop from the “Download’s” page. ● Prepare the Return using the downloaded Software. ● Gather all the information regarding your income, tax payments, deductions, etc. ● Pre-populate the personal details and tax payments or TDS by clicki...