My Tax Hub is a team of expert tax professionals comprising of chartered accountants, company secretaries, cost accountants and management experts having experience in the field of finance, taxation, management, project reports and all statutory compliances for business ranging from a company to sole proprietor. We aim to provide one stop solution for all business related matters. Digitalization, virtual consultation, timely deliverable, efficiency and cost effectiveness is our key goal and we aim to make tax matters easy for every person.
Digital Signature JUST IN 60 MINUTES @ 1299/- Only For 2 Years Validity
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My Tax Hub provides easy, transparent and best IT return filing services with various tax planning options.
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Our GST experts can assist you in mapping all of your transactions and obtaining your GST Number in less than a week.
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MSME registration is required to avail various incentives/ subsidies provided by government under MSMED Act.
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Avail the exemption/deductions and investment options under the Income tax act to reduce payment of taxes.
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We at My Tax Hub will assist you with paying your taxes, preparing your TDS return and filing it with the government.
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We assist in forming a Partnership Firm by executing the Partnership Deed, getting the PAN/TAN registrations..
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n IEC is a key business identification number that is mandatory for export from India or Import to India.
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A virtual CFO is an outsourced service provider offering high skill assistance in the financial requirements..
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Loan Syndication is the process of mobilising funds to various organisations depending on the type of finance..
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Transfer pricing is an accounting practice that establishes the prices for the good and services
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Annual Validation of ECHS Membership of dependents by submission of life certicate and eligibility Documentes by primary beneficiaries.
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We are a team of highly experienced professionals in the fields of Finance, Taxation and Funding management since 1999. We provide a useful and insightful platform for our clients by providing information on current tax laws and amendments made in the finance bill. We aim to lower the costs and save time for businesses and people. Our Tax Team is proud to have served more than 10,000 plus happy clients with a mission to provide a robust solution for our customers “to make tax easy”.
We not only take care of our client's taxation needs but are committed to educating the public about taxes and to end their fear associated with it. We ardently believe in professional ethics and simultaneously in preserving the trust and confidential matters of our patron.
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The group has been in existence since 1998 and has a perfect blend of experience and expertise. We have been striving to render unparalleled services in the fields of accounting, taxation, company law and other allied matters.
Get all of your business-related solution from a single source. We can help you with taxation, accounting, tax litigation, management issues, project financing, corporate structuring to name a few.
With just a few clicks and a minimal amount of time, you can get things done quickly. From our website to our process‐ everything is designed keeping your convenience as our priority.
The best quality services are assured at a very reasonable price. We wish to maintain our competitive presence by keeping client's cost burden at the minimum.
Secrecy and integrity is the core of our company. We ensure that the data is well protected against loss due to disaster, failure or fraud.
Praveen Tiwari
Ramakant
Sudhir Kumar
K Satish Kumar
Ramesh Chandra
194Q – TDS to be deducted @0.01% on purchase of goods if the turnover exceeds Rs.10 Cr and the purchases for the year exceeds Rs.50 lakhs...
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Senior citizens of 75 years and above with only pension income are exempt from ITR filing. – Resident Senior citizens above the age of...
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Dividend Income is included in ITR for the year ended 31st March 2021. – Previously dividends received from Indian companies...
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Tax on income of certain domestic companies/ Individuals – at lower rates without claiming deductions
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Mandatory Registration of NGO’s with MCA for raising CSR Funds - Companies established under...
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Businesses are liable to pay twice the TDS rate specified in the Income tax act on default in filing their return. – A new section has been introduced
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HSN/SAC Code mandatory on B2B and B2C tax invoices for businesses with turnover exceeding Rs.5 Cr.
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Interest on Provident fund taxable – Previously interest on employee contribution to provident fund was exempt from tax.
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No depreciation on goodwill – Goodwill of a business or a profession is to be excluded in the block...
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Presumptive taxation scheme option provided to only resident individuals and partnership firms
Read MoreAs per section 60, the transferor shall be taxed for any income arising from an asset where only such income is transferred without transfer of the said asset.
Income of a minor child is clubbed with the income of his/her parent whose income is higher. If such income is earned on account of manual work or any activity involving application of his/her skill, knowledge, talent, experience, etc. the same will not be clubbed. However, any additional income from such income will be clubbed with the income of the parent.
Leave encashment received at the time of retirement is fully exempt in the hands of a government employee. In case of a non-government employee such income shall be exempt subject to a prescribed limit. However, If such income is earned while in service it shall be taxed irrespective of whether he is a government or a non-government employee.
Loss from house property can be considered against salary income only to the extent of Rs.2, 00,000.
Scrutiny assessment is to confirm that the taxpayer has not understated the income or has not computed excessive loss or has not underpaid the tax in any manner. To confirm the same, the Assessing Officer carries out a detailed scrutiny of the return of income and will satisfy himself regarding various claims, deductions, etc., made by the taxpayer in the return of income.
If you are not satisfied with the order passed by your Assessing Officer then you can file an appeal to the higher authority. The first appellate authority is the Commissioner (Appeals). Subsequently, the matter can be taken to the Income-tax Appellate Tribunal, then to the High Court and the Supreme Court. Alternatively, instead of going for the appeal mechanism, you can make an application of revision to the Commissioner of Income-tax.
The cost of acquisition of a capital asset is adjusted against inflationary rise in the value of asset thus such benefit is available only for computing long term capital gain.
Stamp duty value is the value adopted by any authority of the state government for the purpose payment of stamp duty. From AY 2019-20 if such stamp duty value does not exceed 105% of the sale consideration such consideration shall be the value of actual sale. In case the stamp duty value exceeds 105% then the same will be considered as full value of sale for the purpose of computing capital gain arising there on.
If the prescribed movable property is received without consideration and the FMV of such property exceeds Rs.50, 000 then the same will be taxable.
If Interest is earned on deposits with bank/ post office/ co -operative societies an amount of Rs.50, 000 can be claimed as deduction and no tax shall be deducted at source against such interest income up to Rs.50, 000.
