Income Tax Refund
Claim Your Income Tax Refund directly to the bank account With Simple and Easy Steps! Our professionals can help you deal with Income Tax Refund status.
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Income Tax Refund
Every Startup Company with innovation & unique business ideas can apply for the Startup India Certificate issued by DPIIT. Startups will enjoy several privileges offered under Startup India Scheme.An income tax refund is issued by the Income Tax department after a taxpayer files income tax return during physical or online mode. The income tax refund is the difference between the tax levied and tax paid amount which a taxpayer acquires after filing the income tax return. As per Sections 237 to 245 of the Income Tax Act, 1961, an ITR Refund is allotted only after a taxpayer-paid the excess amount of tax than the actual tax amount.
Who can get an Income Tax refund?
In following cases, an individual or business entity can acquire a tax refund
If you have paid advance taxes on the base of self-assessment and have paid more amount than actual tax liability.
If excess TDS has been subtracted from your salary or bank deposits or security interest or debenture interest.
If the regular tax liability gets decreased due to any error during the regular assessment process.
If you have paid taxes in abroad for the related income you have taxed in India, you can claim a refund. This is mentioned under the rules of DTAA.
If you have neglected to claim tax benefits or deductions against any tax saving investment.
If the tax paid amount is in a negative figure even after considering paid tax and reductions claimed.
Conditions of Income tax refund Online
There are numerous income tax provisions available in Form 26AS which income tax authorities issue Income Tax Refund to taxpayers. Below is an exhaustive list which includes types of ITR Refund issued commonly.
We categorize income tax Refund in various cases –
- Not Determine ITR Refund
- Income Tax Refund already paid by cheque
- Income Tax Refund failed because of incorrect bank details
- ITR Refund Expired.
- ITR Refund Returned
- Income Tax Refund adjusted against last year’s outstanding demand
Importance of Filing Income Tax Return
According to income tax laws, filing the Income Tax return and updating your Income-tax Return status is obligatory for every individual or entity whose income exceeds the threshold limit mentioned in the Income Tax Act-1961.
- Filing the return on time is the first and foremost necessity for claiming the Tax refund, by providing the adequate income and tax payment details.
- File your return online is desirable so that it is processed faster and it doesn’t have to go through the bureaucracy.
- Check your Income Tax Return status and ITR V acknowledgement to see if it’s reflecting the tax refund correctly.
- Also, get TDS Refund Back, if your client or employer deduct your TDS while making payment, it might be that you’re eligible for Tax Refund. On Income Tax Return filling you can claim your TDS credit and get a refund back excess TDS deducted over your net tax liability.
How can we help you get ITR Refund?
We have income tax specialists in our team who can understand and claim the reason for the income tax Refund served to you.
Our professionals not only help you advise what steps to be taken in response to income tax refund but also can represent income tax authorities on behalf of you.
Our professionals will look into the issue, request supporting documents/information; also provide guidance regarding the income tax refund procedure.
INCOME TAX REFUND PROCESS
Provide the required business details and information to our web portal.
Choose a package and pay online with different payment modes available.
On placing an order, your application will be assigned to one of our dedicated professionals.
Our professional shall carefully examine the correctness & accuracy of the documents and file ITR form.
Our professional shall make regular follow up with government department for processing of ITR online.
On processing ITR, Income tax refund shall be credited to the bank account within 30 days.
INBOX NOW COMPLETE LIST OF DOCUMENT REQUIRED
Plans And Pakeges
Basic
Rs.5499
Plus taxes
- Company Name Approval
- Certificate of Incorporation
- Current Bank Account*
- PAN
- TAN
- 2 DIN
- eMOA
- eAOA
- (2 Indian Directors, 2 Shareholders and Authorised Capital of Rs. 1,00,000)
Standard
Rs. 7499
Plus taxes
- Company Name Approval
- Certificate of Incorporation
- Commencement of Business
- Current Bank Account*
- PAN
- TAN
- 2 DIN
- eMOA
- eAOA
- PF Registration
- ESI Registration
- GST Registration
- GST Invoice software
- Documentation Kit
Premium
Rs. 11499
Plus taxes
- Company Name Approval
- Certificate of Incorporation
- Commencement of Business
- Current Bank Account*
- PAN
- TAN
- 2 DIN
- eMOA
- eAOA
- PF Registration
- ESI Registration
- GST Registration
- GST Invoice software
- Documentation Kit
- Website**
- Online Payment Gateway
- (2 Indian Directors, 2 Shareholders, and Authorised Capital of Rs. 1,00,000)
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Frequently Asked Questions
Q. How many people are required to form a private ltd company?
Minimum 2 people are required to incorporate a private limited company
Q. How much time it will take to form private ltd company?
From the date of submission of complete required documents, it will take approximately 14 working days to deliver certificate of incorporation in your hand
Q. Who can be a director of a company?
Any person who attends the age of 18 can be director of the company
Q. Is there any address proof required/mandatory for private ltd company?
Yes to incorporate your company latest utility bill along with NOC from property owner in favor of company is required
Q. How many shareholders can be there in a private ltd company?
Minimum 2 and Maximum 200 shareholders can be added in the company
Q. How many directors can be there in private ltd company?
Minimum 2 Maximum 15 directors can manage the show of a company
Q. What is a DSC?
DSC stands for Digital Signature Certificate. It is basically a pen drive containing your signature in a digital form and is password protected.It is mandatorily required to sign the various incorporation applications by directors and shareholders digitally. It is only issued by government authorized agencies.
Q. What are MOA and AOA?
MOA and AOA are charter documents of the company. It defines the business objectives and rules & regulations of the company. It is drafted by our professionals and delivers to you along with Certificate of incorporation
Q. Will you provide this service in my town?
Yes E-StartupIndia is an online platform serving all over India no matters wherever you are doing business all you need is internet connection on your mobile or desktop and we are ready to get your job done.
Q. I am into a job? Can I start my own company?
Yes you can, but do check your employment agreement before starting, it must be having a proper authorization of it
Q. Do I need to physically present for the process?
No, You don’t need to be physically present for the process, E-StartupIndia is an online catering platform all you need is internet connection in your phone/computer and the required documents with you and we can get the job done no matters even if you are present at remotest location of the India
Still have questions?
I you can’t find answers to your questions in our FAQ section, you can always contact us. We will get back to you shortly.
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