about us

2000+

Happy Clients

100000+

Returns filed

60+ yrs

Work Experience

20+

Startup Clients


We are best, affordable, admired Income Tax, GST, Audit Professionals.

The Tax Help is the face of business run by highly experienced Chartered Accountants, Company Secretary and other professionals. These professionals have knowledge of accounts, auditing, income tax, GST, Company matters, book keeping, court hearing and all other consultation services which a client will be looking for.

The Tax Help aims to reach to corners of India and help people file their Income Tax Returns. The Tax Help aims to help people of India comply to all legal requirements of various laws and acts. People are unaware of basic things as they are focusing in their focus area. So, The Tax Help is an end to end solution for complying all legal requirements for any business or individual.

services


Your backend support is here.:-) We manage financial legal matters end to end.
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Income Tax

Calculate and pay tax hassle free
Auditing

Get your accounts audited and stay calm
Accounting

Get book-keeping done and know your business
Secretarial

Company incorporation etc at ease
GST Services

Monthly GST filing and managing records
Startup

Your new business can get innovative financial guidance

FAQ

What’s the last date of filing an income tax return?

For people other than Tax audit and Company, last date is 31st July. For people on whom tax audit is applicable or our company, last date is 30th Sept.

How many forms are there?

There are 7 types of ITR forms.

Can a return be filed online?

Yes all ITR are filed online and assessee can file by themselves. But to avoid any mistakes it is highly suggested to take help of tax professionals.

What if the return is not filed till the last day?

There is still time to file the return till 31st Dec now, but interest as per section 234A gets charged and penalty for late filing is there.

Who is required to file a return of income?

Anyone whose income is more than the basic exemption limit is required to file the return.

Who is required to maintain books of accounts ?

Anyone whose income is more than Rs. 1,20,000/- or Turnover of business more than Rs. 10,00,000/- is required to maintain books of accounts.

What’s the exception to above rule?

income under the presumptive section 44AD

What is presumptive income ?

Gross receipts should be less than Rs. 2 Cr. Provided the firm or individual opting for presumptive taxation scheme have to declare minimum 8% profits or 6% in case of digital receipts.

When is tax audit compulsory?

Either of the following criteria is fulfilled :
● Turnover > Rs. 1Cr + Not applied for presumptive income.
● Rs. 1cr < Turnover < Rs. 2Cr - Income is less than minimum presumptive income.
● Turnover > Rs. 2Cr

Why is an internal audit needed?

Internal audit helps in analysing daily routine mistakes in accounting and business running. A proper internal audit can help business be managed and run efficiently during the year.

How can Startup can save Income tax ?

3yrs of tax exemption u/s 80IAC , Tax exemption u/s 54EE and exempted from tax levied on investments which are above fair market value.

Any benefits in GST for startup ?

First 20lakh turnover in case of services and 40lakh turnover in case of goods is exempt from GST.

Should a startup have a financial consultant ?

100% Yes. There are a lot of accounting and legal requirements which founders don't know about. Founders should be focussing in their business and generate turnover, financial compliance should always be outsourced unless one of the founders is from finance background.

Is bookkeeping required for a startup ?

If a startup is a company then from 01st Apr,2021 it's important to maintain books of accounts properly with an audit trail in it.

Are there any benefits after registering in the MSME Act ?

Yes, there are many:
1) The rates of interest charged are reduced
2) Easy sanction of bank loans.
3) Avail Excise exemption scheme
4) Avail exemptions under Direct Tax Laws and also
5) Statutory support such as reservation and the interest on Delayed Payments Act.

Can I choose any name I like for a company?

In general, yes. However, there are some limitations on registering a new company. Whilst many company names are freely available, others are protected.

What is a registered office?

The registered office is the official address of the company. This is held on record by Companies House and displayed on the public register.

Are the directors also the shareholders?

No, not all directors are shareholders. Directors can be shareholders but they do not have to be.

What is the difference between a director and a shareholder?

Directors are the decision makers for the company whereas shareholders are the owners.

Should I use LTD, LTD., LIMITED or LIMITED.?

Please choose your preference. There is no legal difference.

What all acts are merged in GST?

GST (Goods and Services Tax) is an indirect tax that has replaced many Central and State taxes like excise duty, VAT and service tax. It is a single comprehensive tax levied on all goods and services.

What is SGST, CGST and IGST?

IGST applies to interstate transactions and CGST and SGST to intrastate transactions. IGST is collected together and distributed to the Central and State Governments. SGST and CGST are collected directly by the Central and State Governments.

Where is GST applicable?

GST is a destination based tax, i.e., the goods/services will be taxed at the place where they are consumed and not at the origin.

Who should register in GST ?

Individuals registered under the Pre-GST law (i.e., Excise, VAT, Service Tax etc.)
● Businesses with turnover above the threshold limit of Rs. 40 Lakhs
● Input service distributor
● Those paying tax under the reverse charge mechanism
● Person who supplies via e-commerce aggregator
● Every e-commerce aggregator

Can a person have more than 1 GST registration?

Yes, person carrying on multiple business verticals in a state may be granted a separate GST registration for each such business vertical subject to such conditions.

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