Classic Associates, Tuticorin | Section 80EEB – Deduction in respect of interest payable on Loan taken for Purchase of Electric Vehicle

Greetings from Classic Associates, Tuticorin ! Deduction in respect of interest payable on loan taken for the purchase of Electric Vehicle is available under Section 80EEB of the Income Tax Act, 1961 as introduced by the Finance Act, 2019. The deduction is available to promote the purchase and sale of Electronic Vehicles in the country. Here is all you need to know about section 80 EEB: 1. Who is eligible claim deduction under Section 80EEB? An individual who has taken a loan for the purchase of an Electrical Vehicle for personal/business use from any Financial Institution. 2. What is the benefit accruing to the eligible assessee under Section 80EEB? Interest payable on such a loan would qualify for deduction under

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Belated Filing Of Income Tax Return For Financial Year 2018-19 | Classic Associates, Tuticorin

Belated Filing Of Income Tax Return For Financial Year 2018-19 As per Income Tax Act, the due date for filing of income tax return for the assessment year 2019-20 were 31st July, 2019 and 30th September, 2019 for different types of assesses. If the return is not filed by the due date even then the same can be filed as a belated return within the time limit mentioned in Income Tax Act. As per section 139(4) of the Income Tax Act, a belated return can be filed before the expiry of one year from the end of the relevant assessment year or before the completion of the assessment whichever is earlier. It means the income tax return of the assessment

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NPAs set to rise sharply on COVID impact, financial system remains sound, says RBI

RBI Governor Shaktikanta Das said “the financial system in India remains sound”. Nonetheless, in the current environment, the need for financial intermediaries to proactively augment capital and improve their resilience has acquired top priority. “In the evolving milieu, while risk management has to be prudent, extreme risk aversion would have adverse outcomes for all,” Das said. Among the bank groups, GNPA ratio of public sector banks may increase from 11.3 per cent in March 2020 to 15.2 per cent by March 2021 under the baseline scenario. “Bank-level stress test results show that 23 banks16 with a share of 64.5 per cent in banks total assets might fail to maintain the required CRAR under the scenario of 3 SD shock to

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Income tax deadline extended – Classic Assoicates, Tuticorin

Due to the corona virus pandemic, the government had extended the various due dates for giving relaxations to the taxpayers. In this context, the government has extended the due date for filing of the income tax return for the financial year 2018-19 (2019-20) to 30th September 2020 via notification no. 56/2020 dated 29.07.2020. It should be noted that the due date to file Income Tax Return (ITR) for the FY 2019-20 (AY 2020-21) has been extended to November 30, 2020. Also, the date for making an investment, construction, purchase for claiming rollover benefit, deduction in respect of capital gains under sections 54 to 54GB of the Income Tax Act has also been further extended to September 30, 2020. Relaxations that

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What are the top 5 mistakes that you must avoid while filing your ITR

1. Selecting the wrong ITR Form 2. Not Disclosing All Sources Of Income 3. Mismatch in Form 26AS Details and Other TDS certificates 4. Not Claiming deductions correctly 5. Not filing ITR on Time Don’t worry about the mistakes, we will help you and take care of your proper return filing or your Tax Refund related queries. Feel free to contact us at: www.classicassociate.com | support@classicassociate.com | 93444 17156 #ClassicAssociates #Tuticorin #Thoothukudi #Taxnews #AY20192020 #TDSDueDates #ITRfiling #ITR #Returnfiling #taxrefund #taxtips #tax #taxaudit #marketing #business #incometaxseason #incometax #finance #duedate #startups #employee #employed #charteredaccountant #ca #incometaxupdate #incometaxreturn #taxupdate #taxreturn #taxfiling #taxsaving GST Registration Consultants in Tuticorin | GST Registration Consultants in Tuticorin HO, Thoothukudi | GST Registration in Tuticorin Tamil Nadu | GST Tax Registration | GST Registration services Tuticorin |GST Registration services in Tuticorin | How to get your GST Registration in Tuticorin | How to get your ITR

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Income Tax Returns ITR service in Tuticorin, Thoothukudi | ITR Filing Date is extended till July 2020 end !

The clock is ticking now !!!!! Greetings from Classic Associates, #Tuticorin ! Get Your ITR filed for year 2018-19 (A.Y 2019-20) within the extended due date of 31st July 2020 at nominal rates.Also contact us for filing your ITR of year 2019-20 (A.Y 2020-2021) to get relief from the haphazard on due dates. We are hearing ! Contact us at the below options: www.classicassociate.com | support@classicassociate.com | 93444 17156 ———————————————————————————– #ClassicAssociates #Tuticorin #Thoothukudi #Taxnews #AY20192020 #TDSDueDates #ITRfiling #ITR #Returnfiling #taxrefund #taxtips #tax #taxaudit #marketing #business #incometaxseason #incometax #finance #returnfiling #duedate #startups #employee #employed #charteredaccountant #ca #incometaxupdate #incometaxreturn #taxupdate #taxreturn #taxfiling #taxsaving

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Digital Signature Certificate (DSC) service in Tuticorin | Why Digital Signature is needed

Welcome to #ClassicAssociates, #Tuticorin A digital signature is a mathematical scheme to show digital message or record authenticity. Simply put, electronic fingerprinting is a digital signature. Online digital signature helps you to electronically sign a document, and validates the signer. Contact us to know more about #DigitalSignatureCertificate (#DSC) and we will be glad to assist you. www.classicassociate.com | support@classicassociate.com | 93444 17156 #digitalsignature #dscclass3 #dscclass2 #digitalsignaturecertificate #classicassociate #legal #services #TrademarkRegistration #compliancemanagement #CompanyRegistration #registration #DigitalSignatureCertificate #Class3digitalsignaturecertificate #Class3dsc #Class3digitalsignaturecertificate #digitalsignaturecertificate #digitalsignature #dsconline #Class3dsc #digitalsignaturecertificate #classs2digitalsignature #papreless #dsc #class3digitalsignature #itr #etender #digitalsignaturecertificate #digitalsignature #dscintuticorin #digitalsignaturetuticorin #dsconline #digitalcertificate #TaxationandConsultancyServices #AccountingServices #AccoutingandBookKeepingServices #GST #GSTFiling #GSTReturn #GSTR1Filing #DigitalSignature #DigitalSignatureCertificate #tax #taxes #accounting #bookkeeping #thoothukudi #tuticorin #Class2DigitalSignatureCertificate #DigitalSignatureCertificate #Class2DSC #DGFT #IncomeTax #GST #EPFO #CAWebPortal #UdyogAadhar #Tally #classicassocaites #dsc #dsctoken #dsccertificate #dsconline #digitalsignature #digitalsign #dscfranchise #dscdistributorsmeeting #digitalsignaturecertificate #digitalsignaturecertificates #digitalsignaturecertificate #dsconline #digitalindia #digitalonlineall Digital Signature Certificate Service in Tuticorin, Thoothukudi.

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How to get Income Tax Benefits (ITR) and tips – Classic Associates, Tuticorin

Greetings from Classic Associates #Tuticorin Income Tax Returns #ITR service in #Tuticorin One-Time Relaxation for *Verification of ITR* for AY 2015-16, 2016-17, 2017-18, 2018-19 and 2019-20. Pending for Submission of #ITR-V 1) CBDT through circular no. 3/2020 dated 13th July 2020 given one time opportunity to taxpayers whose Income Tax Return’s was filed online but verification was pending. 2) Now any taxpayer whose ITR is pending for verification can verify their ITR on or before 30th September 2020. 3) ITR for FY 2014-15 to FY 2018-19 can be verified through this one time relaxation scheme 4) All such verified ITRs shall be processed on or before 31 December 2020. 5) ITRs can be verified through EVC or by sending duly

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Need a digital signature certificate (DSC) in Tuticorin ? Classic Associates Thoothukudi

Welcome to Classic Associates, Tuticorin Are you an individual or a start-up or a company or a firm which needs a digital signature certificate? A digital signature is a mathematical scheme to show digital message or record authenticity. Simply put, electronic fingerprinting is a digital signature. Online digital signature helps you to electronically sign a document, and validates the signer. Contact us to know more about #DigitalSignatureCertificate (#DSC) and we will be glad to assist you. www.classicassociate.com | support@classicassociate.com | 93444 17156 Digital Signature Certificate Service in Tuticorin, Thoothukudi. How to get your Digital signature certificate service in Tuticorin, Thoothukudi. How to get your Digital Signature Certificate (DSC) for your company in Tuticorin, Thoothukudi – Call us at 93444 17156

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Classic Associates, Tuticorin – Digital Signature Certificate(DSC) Service in Tuticorin/Thoothukudi.

At Classic Associates, we provide Digital Signature Certificate(DSC) in Tuticorin/Thoothukudi. Always Technology plays a huge replacement for our manual works and it mainly provides a focused security propose. Also, the physical signature will take long time to get it processed. Fortunately, we can process any physical signature into a digital form with our DSC service. This process is same as the handwritten signature which is used read documents online. For online banking, digital signature provides us with a high level of security and also higher privacy. DSC digital signature certificate holds your details like email address, pin, country and code of certificate person and many more details. It is intended to rectify the issues/problems that are caused by digital communication.

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