Filing of income tax returns is necessitated by law for all the individuals who meet the threshold specified by the Income Tax Act, 1961. While the authorities have eased the process of filing the Income Tax returns by allowing for online filing of returns the task is anything but easy. There are various forms that need to be filled correctly with your financial details to complete the process. Any mistakes while filing the returns can attract serious penalties and legal action.
Additionally, as a law-abiding citizen, you must pay your income tax on time, but it does not mean that you cannot save on your income tax liabilities legally. There are various provisions under the Income Tax Act, which allow you to reduce your tax liability. But the process of filing the income tax returns as well as claiming the deductions is not that easy. Any error can have serious consequences, necessitating expert guidance in the matter.
In order to comply with the various provisions of the Income Tax Act 1961, the expertise of a professional will come in handy for you. Your quest for a trustworthy Income Tax consultant ends with Pankaj Buckshey and his team of taxation experts. With multiple years of experience in the financial services industry, our team is fully equipped to not only help you file your income tax returns but also maximize the benefits of rebates and deductions on offer.