Taxation services is the prime source of funds for any government. Taxes are collected from the citizen and utilized for public welfare activities. Taxes are collected from, individuals, organizations and from corporate. There are different types of taxes, such as wealth tax, property tax, income tax, GST, etc.,
First and main concern of the business organization in India, concentrated in Income tax and GST. Key Score accounting services in Madurai facilitates taxation work for their customers, whether an individual or business concern. Our supports are separated in to two
GST – Registration- Returns Filling & Books Maintenance
In India, various tax systems are removed and uniform tax system introduced by the government. Goods and Services Tax came in to force on 1st July, 2017 with tax scaling of 0%—to—28%. GST is the basic and common tax for all the business organization and for the individuals, one who doing business. Current GST system required more time and concern for tax returns filling and maintenance of records. Key Score saves your time, by provide the supports and service.
- GST Registration – Register service for your organization under GST authority
- Returns Filling – Monthly Reports (Thrice)- Quarterly Reports & Annual Reports
- GST Accounts Records – Maintaining of GST related accounts and documents
Who – Need to Register
- Having annual turnover, more than 20 Lakhs
- Having annual turnover more than 10 Lakhs for north eastern states
- Having business in more than one state
- Having Registered under, VAT, Service & Excise Tax Laws
- Having E-Commerce business
- Having Business/Service out of India
Government of India paying more attention on GST and for its effective functioning. Every organization has responsibility to maintain records related to tax. The returns filling is must and delay filling leads to penalties. Moreover, it’s a time consuming process. Key Score accounting services in Madurai, performs duty of GST returns filling on behalf of your business concerns. We will undertake the service of returns filling by monthly, quarterly and annually.
Income Tax – PAN Card- Audit Certificate- IT Filling
Income tax filling is must in India for the individuals and business organization, one who are coming under the income tax slab. Based on the reports and computation of taxes, income tax should be paid through banks and returns to be filled in income tax portal. Nowadays everything become online, so it’s made ease for filling of taxes. Based on the Income Tax slab, the individuals and organizations have to pay their tax. Key Score accounting services in India simplifies your jobs in Income Tax filling, such as
- PAN Card – Permanent Account Number- applying and availing service
- Audit Certificate – Based on the accounts provided – Audit Certificate arranged for annual returns filling
- IT Filling – Online income tax returns filling service
While filing an individual Income Tax Return, the source of income should be produced. In case of salaried person- he has to provide Salary slip, Form 16, interest certificate from bank, Form 26 AS and advance tax paid details if any. For organization, the filling is different and based the book of accounts provided by them. In this regard, Key Score accounting services in Madurai simplifies your work and take care of your filling.
