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Expert accounting services for individuals and businesses
Expert accounting services for individuals and businesses
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Totalica consultants provides comprehensive accounting services to businesses of all sizes. Our services include bookkeeping, tax preparation, payroll processing, financial statement preparation, and more. We offer a complete solution to manage your finances.
Our team consists of experienced professionals who have worked with businesses in various industries. Our experts are equipped with the latest knowledge and tools to provide accurate and reliable accounting services to our clients.
We understand that accounting can be overwhelming for many business owners. That's why we offer simplified accounting solutions that are easy to understand. We provide regular reports and updates to keep our clients informed about their financial status.
We love our customers, so feel free to visit during normal business hours.
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ITR 1, also known as Sahaj, is an income tax return form issued by the Income Tax Department of India. It is meant for individuals who have a salary or pension income, income from one house property, and income from other sources such as interest, dividends, etc. ITR 1 is applicable for individuals with a total income of up to ₹50 lakh (₹5 million) and who meet specific criteria regarding their income sources.
ITR 2, also known as the Income Tax Return Form 2, is a document used for filing income tax returns by individuals and Hindu Undivided Families (HUFs) who do not have income from business or profession. It is specifically designed to capture income from salary, house property, capital gains, and other sources excluding business income.
ITR 3 is an income tax return form in India that is used by individuals and Hindu Undivided Families (HUFs) who have income from business or profession. It is a comprehensive form that captures details of income, expenses, and deductions related to business or profession. ITR 3 is filed by taxpayers who are not eligible to file ITR 1 (Sahaj) or ITR 2.
ITR 4 is a form used for filing income tax returns in India by individuals and Hindu Undivided Families (HUFs) who have opted for the presumptive taxation scheme under Section 44AD, 44ADA, or 44AE of the Income Tax Act. It is specifically designed for taxpayers who are engaged in business or profession and have a turnover of up to ?2 crore in a financial year.
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