We Help You To Solve Your Tax Issues

1. Authorized by Income Tax Department
as E-Return Intermediary
(ERIN – 100000000001510)
Touch in : www.returntouch.com
info@returntouch.com
(+91)9051 7676 71

2. WELCOME FRANCHISE
Study Circle Meeting
Abdul Gaffar Mondal
Director, Return Touch
E-mail : abdul@returntouch.com

3. Scope of Income
PAN Card – New/Update
TAN No. – New/Update
Income Tax Return
Auditing Service
Professional Tax Registration/Return
Professional Tax Enrolment/Challan Payment
VAT Registration /Return(quarterly)
CST Registration /Return(quarterly)
Service Tax Registration /Return(quarterly)
NGO, Trust, Club, Society Registration
80G Registration
Company/LLP Registration
Trade Mark Registration
Web Design/Payment Gateway Integration
Other Service related to TAX

4. PAN Card – New/Update
Checklist of Documents For PAN :
Address Proof
Identity Proof
DOB Proof

5. TAN No. – New/Update
Checklist of Documents For TAN :
PAN No.
Address Proof
Registration Certificate

6. Income Tax Return
Heads of Income :-
Income from salaries
Income from house property
Income from Profits and gains of business or profession
Income from Capital Gains
Income from Other Sources

7. Income Tax Return
Financial Year :
The Year in which income is received, earned or
accrued is called “Financial Year” .
Assessment Year :
The income is received, earned or accrued is taxed in
the next year which is known as the “Assessment Year” .
Example : For assessment year 2016-2017, the financial year is
2015-2016 (1st April, 2015 to 31st March, 2016) .
Contd . . . .

8. Income Tax Return
Who Can Use ITR ?
An Individual
A HUF
A Firm
A Local Authority
A Company
• Any Employee of Govt./Private Company
• Any Pensioner
• Any Businessmen
• Any Person Who Claim TDS Refund
• Any Person Who Apply Loan
• Any Insurance Agent
• Doctor
• Advocate
• NGO
• Club
• Trust
• Society
Contd . . . .

9. Income Tax Return
ITR FORM :
ITR – 1
ITR - 2
ITR – 2A
ITR - 3
ITR - 4
ITR – 4S
ITR - 5
ITR – 6
ITR - 7
For Individuals having Income from Salary & Interest.
For Individuals & HUFs not having Income from Business or Profession
For Individuals & HUFs not having Income from Business or Profession
and Capital Gains and who do not hold foreign assets
For Individuals/HUFs being partners in firms and not carrying out
business or profession under any proprietorship
For Individuals & HUFs having income from a proprietary business or
profession
For Individuals/HUF having income from presumptive business
For persons other than,- (i) individual, (ii) HUF, (iii) company and (iv)
person filing ITR-7
For Companies other than companies claiming exemption under section
11
For persons including companies required to furnish return under
section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D)
or section 139(4E)
Contd . . . .

10. Income Tax Return
Checklist of Documents For ITR :
PAN Details*
Address Proof*
Bank Statement/Account No. & IFSC Code*
Trade License
A copy of last year's tax return
TDS certificates
Savings Certificates/Deductions
Interest Statement showing interest paid to you throughout
the year.
Contd . . . .

11. Income Tax Return
Income Tax Slabs & Rates for Assessment Year 2016-17
1. Individual resident aged below 60 years
Education Cess : 3% of the total of Income Tax and Surcharge.
Surcharge : 12% of the Income Tax, where taxable income is more than Rs. 1 crore.
Contd . . . .
Income Slabs Tax Rates
Where the taxable income does not exceed Rs.
2,50,000/-.
NIL
Where the taxable income exceeds Rs.
2,50,000/- but does not exceed Rs. 5,00,000/-.
10% of amount by which the taxable income
exceeds Rs. 2,50,000/-.
Less : Tax Credit u/s 87A - 10% of taxable
income upto a maximum of Rs. 2000/-.
Where the taxable income exceeds Rs.
5,00,000/- but does not exceed Rs. 10,00,000/-.
Rs. 25,000/- + 20% of the amount by which the
taxable income exceeds Rs. 5,00,000/-.
Where the taxable income exceeds Rs.
10,00,000/-.
Rs. 125,000/- + 30% of the amount by which
the taxable income exceeds Rs. 10,00,000/-.

12. Income Tax Return
Income Tax Slabs & Rates for Assessment Year 2016-17
2. Individual resident aged above 60 years or below 80 years
Education Cess : 3% of the total of Income Tax and Surcharge.
Surcharge : 12% of the Income Tax, where taxable income is more than Rs. 1 crore.
Contd . . . .
Income Slabs Tax Rates
Where the taxable income does not exceed Rs.
3,00,000/-.
NIL
Where the taxable income exceeds Rs.
3,00,000/- but does not exceed Rs. 5,00,000/-.
10% of amount by which the taxable income
exceeds Rs. 3,00,000/-.
Less : Tax Credit u/s 87A - 10% of taxable
income upto a maximum of Rs. 2000/-.
Where the taxable income exceeds Rs.
5,00,000/- but does not exceed Rs. 10,00,000/-.
Rs. 20,000/- + 20% of the amount by which the
taxable income exceeds Rs. 5,00,000/-.
Where the taxable income exceeds Rs.
10,00,000/-.
Rs. 120,000/- + 30% of the amount by which
the taxable income exceeds Rs. 10,00,000/-.

13. Income Tax Return
Income Tax Slabs & Rates for Assessment Year 2016-17
3. Individual resident aged above 80 years
Education Cess : 3% of the total of Income Tax and Surcharge.
Surcharge : 12% of the Income Tax, where taxable income is more than Rs. 1 crore.
Contd . . . .
Income Slabs Tax Rates
Where the taxable income does not exceed
Rs. 5,00,000/-.
NIL
Where the taxable income exceeds Rs.
5,00,000/- but does not exceed Rs.
10,00,000/-
20% of the amount by which the taxable
income exceeds Rs. 5,00,000/-.
Where the taxable income exceeds Rs.
10,00,000/-
Rs. 100,000/- + 30% of the amount by which
the taxable income exceeds Rs. 10,00,000/-.

14. Income Tax Return
Income Tax Slabs & Rates for Assessment Year 2016-17
4. Any NRI or HUF or AOP or BOI or AJP
Education Cess : 3% of the total of Income Tax and Surcharge.
Surcharge : 12% of the Income Tax, where taxable income is more than Rs. 1 crore.
* Abbreviations used : NRI - Non Resident Individual; HUF - Hindu Undivided Family; AOP - Association of Persons; BOI - Body of
Individuals; AJP - Artificial Judicial Person
Contd . . . .
Income Slabs Tax Rates
Where the taxable income does not exceed Rs.
2,50,000/-.
NIL
Where the taxable income exceeds Rs.
2,50,000/- but does not exceed Rs. 5,00,000/-.
10% of amount by which the taxable income
exceeds Rs. 2,50,000/-.
Where the taxable income exceeds Rs.
5,00,000/- but does not exceed Rs. 10,00,000/-.
Rs. 25,000/- + 20% of the amount by which the
taxable income exceeds Rs. 5,00,000/-.
Where the taxable income exceeds Rs.
10,00,000/-.
Rs. 125,000/- + 30% of the amount by which
the taxable income exceeds Rs. 10,00,000/-.

15. Income Tax Return
Income Tax Slabs & Rates for Assessment Year 2016-17
5. Co-operative Society
Education Cess : 3% of the total of Income Tax and Surcharge.
Surcharge : 12% of the Income Tax, where taxable income is more than Rs. 1 crore.
Contd . . . .
Income Slabs Tax Rates
Where the taxable income does not exceed
Rs. 10,000/-.
10% of the income.
Where the taxable income exceeds Rs.
10,000/- but does not exceed Rs. 20,000/-.
Rs. 1,000/- + 20% of income in excess of Rs.
10,000/-
Where the taxable income exceeds Rs.
20,000/-
Rs. 3.000/- + 30% of the amount by which the
taxable income exceeds Rs. 20,000/-.

16. Income Tax Return
Income Tax Slabs & Rates for Assessment Year 2016-17
5. Firm
Income Tax : 30% of taxable income.
Surcharge : 12% of the Income Tax, where taxable income is
more than Rs. 1 crore.
Education Cess : 3% of the total of Income Tax and
Surcharge.
6. Local Authority
Income Tax : 30% of taxable income.
Surcharge : 10% of the Income Tax, where taxable income is
more than Rs. 1 crore.
Education Cess : 3% of the total of Income Tax and
Surcharge.
Contd . . . .

17. Income Tax Return
Income Tax Slabs & Rates for Assessment Year 2016-17
7. Domestic Company
Income Tax : 30% of taxable income.
Surcharge : The amount of income tax as computed in accordance with above rates, and
after being reduced by the amount of tax rebate shall be increased by a
surcharge
At the rate of 7% of such income tax, provided that the taxable income exceeds
Rs. 1 crore
At the rate of 12% of such income tax, provided that the taxable income exceeds
Rs. 10 crores.
Education Cess : 3% of the total of Income Tax and Surcharge.
8. Company other than a Domestic Company
Income Tax : @ 50% of taxable income
@ 40% of the balance
Surcharge : The amount of income tax as computed in accordance with above rates, and
after being reduced by the amount of tax rebate shall be increased by a
surcharge as under
At the rate of 2% of such income tax, provided that the taxable income exceeds Rs. 1
crore.
At the rate of 5% of such income tax, provided that the taxable income exceeds Rs. 10
crores.

18. Auditing Service
Checklist of Documents For Audit :
Last Audit Report
Bank Statement/Account No. & IFSC Code
Cash Book(if any)
Ledger Book(if any)
Mobile No.

19. P Tax Registration/Return
Checklist of Documents For P TAX Reg. :
PAN No.
Bank Statement/Account No. & IFSC Code
TAN No.
Registration certificate number under Central/State act.
Mobile No.
E-mail ID

20. P Tax Enrolment/Challan Payment
Checklist of Documents For P TAX Enrol. :
PAN No.
Bank Statement/Account No. & IFSC Code
Trade License
Mobile No.
E-mail ID

21. VAT Registration /Return
Checklist of Documents For VAT Reg. :
PAN No.
Bank Statement/Current Account No. & IFSC Code
Trade License
Mobile No.
E-mail ID
Current tax paid receipt(if ownership)
Rent receipt(if rental)
Deed of Partnership
Address Proof

22. CST Registration /Return
Checklist of Documents For CST Reg. :
PAN No.
Bank Statement/Current Account No. & IFSC Code
Trade License
Mobile No.
E-mail ID
Current tax paid receipt(if ownership)
Rent receipt(if rental)
Deed of Partnership
Address Proof

23. Service Tax Registration /Return
Checklist of Documents For Service Tax Reg. :
PAN No.
Bank Statement/Current Account No. & IFSC Code
Trade License
Mobile No.
E-mail ID
Current tax paid receipt(if ownership)
Rent receipt(if rental)
Deed of Partnership
Address Proof

24. NGO, Trust, Club, Society Registration
Checklist of Documents For Reg. :
Registered Address
List of Members(min 7) with designation
KYC of that members

25. 80G Registration
Checklist of Documents For 80G Reg. :
Certificate of NGO
Audit Report (3 yrs.)

26. Company/LLP Registration
Checklist of Documents For Reg. :
Registered Address
Trade License
PAN No.
Mobile No.
Bank Statement

27. Trade Mark Registration
Checklist of Documents For TM Reg. :
Registered Address
Trade License
PAN No.
Mobile No.
Bank Statement

28. Web Design/Payment Gateway Integration
Checklist of Documents :
Registered Address
As Client requirement

29. and Finally . . .
For any query mail us at : returntouch@gmail.com