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  • CIN: U74140RJ2015PLC047270
  • ERI Reg No. : 100000000001400

Services

True Tax (Tax & Business Solutions)

Income Tax Return Consultancy

Income Tax Return Consultancy

Income Tax Return Consultancy


Income Tax Return is the form in which an assesses files information about his Income and tax thereon to Income Tax Department. Various forms are ITR 1, ITR 2, ITR 3, ITR 4, ITR 4S, ITR 5, ITR 6 and ITR 7. When you file a belated return, you are not allowed to carry forward certain losses.The Income Tax Act, 1961, and the Income Tax Rules, 1962, obligates citizens to file returns with the Income Tax Department at the end of every financial year. These returns should be filed before the specified due date. Every Income Tax Return Form is applicable to a certain section of the Assesses. Only those Forms which are filed by the eligible Assesses are processed by the Income Tax Department of India. It is therefore imperative to know which particular form is appropriate in each case.

Helpful Points

Service Tax Consultancy

Service Tax Consultancy

Service Tax Consultancy


Service tax is a tax levied by Central Government of India on services provided or to be provided excluding services covered under negative list and considering the Place of Provision of Services Rules, 2012 and collected as per Point of Taxation Rules, 2011 from the person liable to pay service tax. Person liable to pay service tax is governed by Service Tax Rules, 1994 he may be service provider or service receiver or any other person made so liable. It is an indirect tax wherein the service provider collects the tax on services from service receiver and pays the same to government of India.

Key Points

  • Document Required: Self certified copy of PAN, (where allotment is pending, copy of the application for PAN may be given),Copy of MOA/AOA in case of Companies,Copy of Board Resolution in case of Companies,Copy of Lease deed/Rental agreement of the premises,A brief technical write up on the services provided, Registration certificate of Partnership firm / Partnership Deed, Copy of a valid Power of Attorney where the owner/MD/Managing Partner does not file the application, Power of Attorney in favor of the Consultant (POA)

Sales Tax Consultancy

Sales Tax Consultancy

Sales Tax Consultancy


A sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow (or require) the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax. Often laws provide for the exemption of certain goods or services from sales and use tax.

Key Points

  • Sales tax might vary from state to state and it pays to be informed of the rate in your particular state and city.
  • Sales tax is calculated as a percentage.
  • Add the prices for multiple items before calculating the sales tax.

Accounting Services

Accounting Services

Accounting Services


We, at TRUE TAX SERVICES LIMITED., offer a full range of accounting and bookkeeping services. Sole proprietorship, Partnership Firms, companies, small businesses, mid & Large size businesses all have different accounting and bookkeeping needs. To cater to this varied requirement, we offer tailor-made accounting systems. Our qualified accounting professionals have a minimum of five years of international accounting experience, and can provide valuable support to your existing accounting department or act as a virtual accounting team depending on the level of support you need.

Company & Firm Registration

Company & Firm Registration

Company & Firm Registration


A Company is a legal entity made up of an association of persons, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise. Company members share a common purpose and unite in order to focus their various talents and organize their collectively available skills or resources to achieve specific, declared goals.

Key Points

  • Details Required : Details of at-least two Directors / Promoters of the company for obtaining DIN (Director’s Identifications Number), Complete Name, Address (including City, State, Pin Code, Country), Father’s Name, Date of Birth, Nationality, Occupation, Photograph of every proposed Director. (Scanned photograph will do), Copy of Passport as a proof of identity and copy of Electricity Bill / Telephone Bill / Bank Statement / Driving License as a proof of address. (Scanned copy will do)

Pan Card

Pan Card

Pan Card


Permanent Account Number (PAN) is a ten-digit alpha numeric number, issued in the form of a laminated card, by the Income Tax Department, to any “person” who Applies for it or to whom the department allots the number without an application. PAN enables the department to link all transactions of the “person” with the Department. These transactions include tax payments, TDS/TCS credits, returns of Income/wealth/gift/FBT, specified transactions, correspondence, and so on. PAN, thus, acts as an identifier for the “person” with the tax department.

Key Points

Trade Mark Registration

Trade Mark Registration

Trade Mark Registration


A trademark is any word (PEPSI), name (TATA), symbol or device (Microsoft), slogan (Yeh Pyaas Hai Badi & Thanda Matlab Coca Cola), package design (Coca-Cola bottle) or combination of these that serves to identify and distinguishes a specific product from others in the market place or in trade. Even a sound (Britannia chimes) color combination, smell or hologram can be a trademark under some circumstances. The term trademark is often used interchangeably to identify a trademark or service mark.

Key Points

  • Document for Trademark Application: Two Passport size Photo, Pan Card Copy, Address proof, Firm/Company/etc, Registration Copy (In Case of Products/Servcies), Color Logo/Name on your Letter Head

 TDS Refund Consultancy

TDS Refund Consultancy

TDS Refund Consultancy


Tax Deducted at Source (TDS) is a means of collecting income tax in India, under the Indian Income Tax Act of 1961. Any payment covered under these provisions shall be paid after deducting prescribed percentage. It is managed by the Central Board for Direct Taxes (CBDT) and is part of the Department of Revenue managed by Indian Revenue Service (IRS). It has a great importance while conducting tax audits. We provide TDS retunn consultancy for our customer.

Key Points

  • Document for Salaried : Form No-16
  • Document for Self Employed : Business Detain,Gross Income,Net Income
  • Document for Businessman : Firm Name, Gross Income, Net Income, Total Sales, Total Purchase, Opening and Closing Stock, Expense Detail
  • Document for Pensioner : Pension details.
  • Check TDS Return Status

 N.G.O & Trust & Co-operative Society Registration

N.G.O & Trust & Co-operative Society Registration

N.G.O & Trust & Co-operative Society Registration


We assist in the registration procedures of Societies, Trusts & Partnership Firms, 12 A & 80 G Certificate, FCRA as well as in the process of formation of memorandum of association (MOA). We guide them through the modes and methods, procedural formalities and the process of documentation. We also counsel them regarding the benchmark required for registration.

Key Points

  • Document for Trademark Application: Form No. A in quadruplicate signed by 90% of the promoter members, List of promoter members, Bank Certificate, Detailed explanation of working of the society, 4 copies of proposed bye-laws of the society, Proof of payment of registration charges, Other documents like affidavits, indemnity bonds, any documents specified by the Registrar also have to be submitted

Goods and Services Tax Registration & Consultancy

Goods and Services Tax Registration & Consultancy

Goods and Services Tax Registration & Consultancy


GST is a single tax on the supply of goods and services, right from the manufacturer to the consumer. Credits of input taxes paid at each stage will be available in the subsequent stage of value addition, which makes GST essentially a tax only on value addition at each stage. The final consumer will thus bear only the GST charged by the last dealer in the supply chain, with set-off benefits at all the previous stages.

Key Points

  • All existing Central Excise and Service Tax assessees and VAT dealers will be migrated to GST. To migrate to GST, assessees would be provided a Provisional ID and Password by CBEC/State Commercial Tax Departments.
  • Provisional IDs would be issued to only those assessees who have a valid PAN associated with their registration.
  • Penalties for Not Registering Under GST : An offender not paying tax or making short payments has to pay a penalty of 10% of the tax amount due subject to a minimum of Rs.10,000. The penalty will be high at 100% of the tax amount when the offender has evaded i.e., where there is a deliberate fraud.