---
title: "Tax Filing and Advisory to Maximize Your Tax Savings - mytribe"
description: "Stressed about taxes? Get expert Tax Filing and Advisory services. We simplify your Income Tax Return Filing, maximize deductions to boost your tax savings, and help you avoid costly penalties. Hire a top-rated tax consultant on Tribe today!"
canonical: https://mytribe.in/24efiling/tax-filing-and-advisory
last_updated: 2025-09-12
---

# Tax Filing and Advisory in Hyderabad

By [24eFiling](https://mytribe.in/24efiling) · We help you file income tax and GST, handle tax notices, and give year-round advice so you avoid mistakes and save time.

## Locations

Available online across India; Visit office at L.B. Nagar, Hyderabad

### Travels to

- Services across Hyderabad (Hyderabad, Hyderabad, Telangana, India)
- Services across Bengaluru (Bengaluru, Bengaluru, Karnataka, India)
- Services across India (India, India)

### Visit at

- Office at L.B. Nagar, Hyderabad (accessible from Dilsukhnagar, Kothapet, Nagole, Saroornagar Lake, Chaitanyapuri, Karmanghat)

Also available online.

## Pricing guide (estimates)

These are indicative prices based on provider's past work. Enquire now to find out final quote.

### Basic Salaried Tax Filing

Covers single or multiple Form 16s, HRA claims, and 80C deductions with New vs. Old regime comparison.

Typically ₹999-1,499 per filing (estimate)

#### Core Filing Services
* **Form 16 Analysis:** Comprehensive extraction of data from single or multiple Form 16s.
* **Deduction Optimization:** Computation of Section 80C (LIC, PPF), 80D (Medical), and HRA exemptions to maximize refunds.
* **Regime Comparison:** Comparative analysis of tax liability under the Old Regime vs. New Regime to select the best option.

#### Compliance & Verification
* **AIS & TIS Check:** Mandatory verification of the Annual Information Statement against bank statements to prevent notices.
* **26AS Reconciliation:** Matching TDS deducted by employers with the government database.
* **Refund Assistance:** Processing of refund claims for excess TDS deducted.

#### Service Delivery
* **Expert Review:** Final check by a tax expert before submission.
* **Acknowledgement:** Delivery of ITR-V within 24 to 48 hours.

### GST Registration & Setup

End-to-end registration service including HSN/SAC code selection and LUT filing for exporters.

Typically ₹999-1,499 per registration (estimate)

#### Registration Process
* **Application Filing:** Filing of Form GST REG-01 on the government portal.
* **Code Selection:** Expert selection of HSN or SAC codes to ensure correct tax rate applicability.
* **Clarification Handling:** Drafting and submitting responses to any department queries regarding proof of business.

#### Export Compliance
* **LUT Filing:** Assistance in filing the Letter of Undertaking for exporters to enable zero-rated exports.

#### Handover
* **Certificate:** Issuance of Form GST REG-06.
* **Login Setup:** Setting up the username and password on the GST portal.
* **Note:** *Hardware costs for Digital Signature Certificate (DSC) are not included.*

### Freelancer & Professional Filing (44ADA)

For consultants and gig-workers eligible for Presumptive Taxation (50% income declaration) with TDS reconciliation.

Typically ₹1,999-2,999 per filing (estimate)

#### Presumptive Taxation
* **Section 44ADA:** Filing under the presumptive scheme to declare 50% (or actual) of gross receipts as profit.
* **TDS Reconciliation:** Matching Form 16A from multiple clients with your invoicing to ensure accuracy.

#### Financial Summary
* **Income Computation:** Aggregation of professional income with interest, dividends, and house property income.
* **Cash Flow Check:** Review of bank statements to ensure declared receipts match high-value credit entries.

#### Advisory
* **Tax Saving:** Guidance on utilizing Section 80C, 80D, and business-related expenses to minimize tax outgo.
* **Advance Tax:** Advice on payment schedules to avoid interest penalties.

### Capital Gains & Crypto ITR

Handles high-volume broker statements (Zerodha/Groww), Crypto taxes, F&O losses, and Intraday P&L.

Typically ₹2,499-3,499 per filing (estimate)

#### Capital Gains Computation
* **Broker Import:** Processing of high-volume transaction statements from brokers like Zerodha, Groww, or Upstox.
* **Asset Classification:** Segregation of delivery-based equity (STCG/LTCG), Mutual Funds, and Speculative Business Income.
* **Crypto Taxation:** Calculation of flat 30% tax on Virtual Digital Assets and 1% TDS reconciliation.

#### Loss Management
* **Set-off Provisions:** Strategic setting off of current year losses against gains as per IT Act rules.
* **Loss Carry Forward:** Proper documentation to carry forward unadjusted losses to future years.

#### Financial Statements
* **P&L & Balance Sheet:** Drafting of mandatory financial statements required for F&O or Intraday traders.
* **Audit Check:** Advisory on whether a Tax Audit is required based on turnover.

## About Tax Filing and Advisory

### Your Tax Partner for Every Season

I know tax filing can feel like a maze, especially when you’re juggling forms, deductions, and GST. Since 2008, I’ve helped folks skip the stress and get it sorted without drama.

### What I Do

- Income tax return filing assistance for all types of earners
- GST registration services and monthly filing for businesses and freelancers
- Handling tax notices so you don’t lose sleep over a letter from the department
- Year-round advice, not just during the rush

### Who Usually Comes to Me

- Salaried professionals
- Freelancers and consultants (bhai, chinta mat karo - don’t worry)
- Small business owners
- NRIs with income back home
- Anyone with extra income from rent, stocks, or gigs

### Why I’m Useful

- I find those hidden tax deductions and credits you might miss
- Careful review so you don’t make costly mistakes (ek choti si galti, penalty aa sakti hai - a small mistake can bring a penalty)
- You get your time back - less paperwork, more life
- No-nonsense support, all year. If you get a tax notice or need tax planning tips, I’m around

### Always-On Support

Even after filing, my help doesn’t stop. Got a question in December or a notice in April? Ping me on the app, anytime. I believe in keeping things easy and real, so you don’t have to worry about tax headaches.

## Highlights

Browse through 24eFiling's best work.

### [Featured](https://mytribe.in/24efiling/tax-filing-and-advisory/featured)

- ![This infographic clearly shows the top 10 advantages of filing your income tax returns on time. From easier loan processing to avoiding penalties, timely ITR filing is a crucial step for your financial health.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/df71c442-4c5c-41cd-9c8e-d9d98283217a)
- ![I am incredibly proud to have received the Hyderabad Business Excellence Award for 'Innovation in Income Tax Advisory and Compliance' in 2024. This award reflects my commitment to providing top-tier, innovative tax solutions.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/70750e84-9498-4a9a-967b-d4c4ff29ea32)
- [Video: The ITR filing deadline is July 31st. This short video answers common questions like 'Is filing mandatory?' and 'What happens if I don't file?'. Let me guide you through a smooth and stress-free tax filing experience.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/88ac2de2-2a02-46ee-ad28-9807935e46ff)
- [Video: Even Pushpa gets stressed about filing taxes. But you don't have to. Whether you have salary, business, or freelance income, my expert assistance makes the process easy.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/6585aecb-1e9f-4be5-987d-409019c16de2)
- [Video: Here's a quick overview of my services, from GST and income tax filing to company registrations. I offer comprehensive support for all your compliance needs, and you can see our special offers available now through our app.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/1a5d0d29-8ad4-4436-bf56-ec79b4f617f8)
- [Video: Need to download your GST certificate but not sure how? This simple step-by-step guide shows you exactly how to get it from the GST portal. Non-compliance can lead to heavy fines, so let's get it right.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/44ec3f0a-1d89-4fab-8306-dcbc8f84ebd0)
- ![Are you claiming all the tax deductions you're entitled to? This list highlights 15 frequently missed deductions, including HRA, education loan interest, and donations under Section 80G. I can help you maximize your savings.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/88414e5a-164b-4d29-ae0f-bcbd2ef0117c)
- ![Thinking of filing your taxes by yourself? It can be tempting, but small errors can lead to rejections and penalties. This classic meme shows why getting professional help for your ITR filing is a smart move for peace of mind.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/54358ccf-d7df-45ec-a9da-14b1c0393e16)

### [Income Tax Filing Made Simple](https://mytribe.in/24efiling/tax-filing-and-advisory/income-tax-filing-made-simple)

- ![Confused about ITR-1 e-filing? This carousel answers the five most frequently asked questions to help you get started with confidence.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/c61a89a9-2b60-4d42-97ea-e575769c6670)
- ![Who should use the ITR-1 form? It's designed for individuals with income from salary, one house property, and other sources like interest. I can help you determine if this is the right form for you.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/e8a5511d-6f85-4f1b-aed4-e670fe784761)
- ![It's important to file your ITR-1 to be honest about your income and taxes. It helps the government know if you are due a refund or need to pay more, ensuring everyone contributes their fair share.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/3103b140-89f0-46c1-a7f0-9402c8b25421)
- ![To file your ITR-1, you will need key documents like your salary slips, investment proofs for tax savings, and ID card numbers. Gathering these papers is like putting together a puzzle with all the right pieces.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/fc388c48-6052-420b-9d7b-4e9f982e0545)
- ![What happens if you don't file your ITR-1? You could get into trouble, and the tax department won't know if you are owed a refund. It's a crucial step for staying compliant.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/886e6b23-5588-4c24-a840-4e2e031e564d)
- ![The deadline to file your ITR-1 is usually around July 31st each year. Think of it as your yearly financial homework that needs to be completed after the financial year ends in March.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/c18354b5-bb26-47f0-8402-263ea5d79f80)
- [Video: This video visually breaks down who can and cannot file ITR-1. It is a quick guide for salaried individuals to see if they fit the criteria or need to look at other forms for their income tax return.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/d0d0e86e-c613-4852-8603-d80f65c72869)
- ![Taxpayers, get ready for the upcoming tax season. This series of posts will guide you through the new ITR-2 and ITR-3 forms for the financial year 2023-24.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/c8d0c954-fd07-478d-aee0-5842ca1318f5)
- ![The Central Board of Direct Taxes (CBDT) has released the ITR-2 and ITR-3 forms. The deadline for ITR-2 is July 31, 2024, while businesses needing an audit must file ITR-3 by October 31, 2024.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/3f32efb1-7000-495c-a8f6-1c4ce0c93acf)
- ![This graphic explains who is required to file ITR-2. It includes individuals or Hindu Undivided Families (HUFs) who are not eligible for ITR-1 and do not have income from a business or profession.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/839e60fb-f13b-4a5f-ae35-ce4908cbd491)
- ![Here are the key changes in the ITR-2 form for 2023-24. This includes the incorporation of Legal Entity Identifier (LEI) details and new requirements for reporting contributions to political parties.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/f906b8c1-8fd7-44d4-bc95-ba8d34ba2714)
- ![Keep these documents ready for filing your ITR-2. This checklist includes Form 16, TDS certificates, rent receipts, and statements for capital gains to ensure a smooth filing process.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/5161628e-229a-4635-9985-82c1a790a553)
- ![Don't forget supporting documents for tax deductions under sections like 80C, 80D, and 80G. These include receipts for insurance, donations, rent, and tuition fees, especially if not in your Form 16.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/0808378e-c46e-4ede-aa40-abe3ada29464)
- ![Having a professional file your income tax returns can save you from costly errors and add significant value. This series explains the key benefits of letting an expert handle your IT filing.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/129ee2b7-8f3e-4b71-8f88-2772e0ebde18)
- ![My specialized knowledge ensures your IT returns are accurate and compliant with the latest regulations. I streamline the process, saving you time and effort while ensuring everything is filed correctly under GST laws.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/b7a216e3-dd79-423d-8632-bfc0cee83e96)
- ![I am well-versed in tax laws and can identify all eligible deductions and credits for you. My attention to detail helps maximize your tax savings by ensuring you claim every applicable benefit.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/ba3d3f34-5b5f-49c7-9d5b-0016e2ee3e7c)
- ![Filing IT returns can be complex, and errors can lead to penalties. I meticulously review your tax documents to minimize mistakes, helping you avoid compliance issues and potential audits.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/faabe148-a62c-47c3-a466-2a5b602d828d)
- ![Hiring a professional to file your IT returns frees up your valuable time. You can focus on your core business or personal commitments while I handle the complexities of tax preparation.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/c53e7978-7dc5-45cb-9056-25e82f04d3cb)
- ![My support doesn't end when the tax season is over. I provide year-round advice on financial matters, tax planning, and record-keeping to help you make informed decisions.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/17157dfb-8088-4583-a2ab-0ce590330b4a)
- ![This infographic clearly shows the top 10 advantages of filing your income tax returns on time. From easier loan processing to avoiding penalties, timely ITR filing is a crucial step for your financial health.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/df71c442-4c5c-41cd-9c8e-d9d98283217a)
- ![Filing your income tax return after the due date can result in a late filing fee of up to Rs. 10,000. It's important to meet the deadline to avoid this penalty.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/58323e6e-989c-452a-a0d2-1f8fd0f45c06)
- [Video: Receiving a notice from the income tax department can be stressful. This video explains that there's no need to panic. My experts can advise you on how to respond promptly and resolve the issue.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/ecc5093c-2fc0-418c-9d15-d97ec03bea3c)
- ![Section 80C offers significant tax savings. This graphic shows the different investments and expenses you are eligible to claim, including life insurance, EPF, PPF, home loan principal, and tuition fees.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/f3df477c-7d9c-4a28-a8e0-1fa0382a8893)
- [Video: A home loan can offer significant tax benefits. This video explains the deductions you can claim on the principal and interest portions of your EMI under sections 80C, 24, and 80EEA.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/fed81f14-afb7-49e3-a462-0498a71c7282)
- ![This carousel explains how you can get tax deductions for charitable contributions under Section 80G of the Income Tax Act. It's a great way to support causes you care about while saving on tax.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/a47f38d7-c785-4f7f-943d-34ecd0a5f93d)
- ![To claim a deduction under Section 80G, individuals, HUFs, and even NRIs are eligible. You must provide proof of donation, and the contribution should be made from your taxable income.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/775a1da2-c892-4b28-beb9-903431dcb532)
- ![Deductions under Section 80G can be 50% or 100% of the contribution amount. Some donations have no upper limit, while others are limited to 10% of your gross total income.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/cc8e4496-e431-4054-85e8-392602c877ce)
- ![To be eligible for Section 80G deductions, donations must be made via draft, cheque, or cash. Note that donations in kind do not qualify, and cash donations should not exceed Rs. 2000.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/e197053a-79d5-478f-9418-c2a457bab547)
- ![When claiming an 80G deduction, make sure you collect a valid receipt from the charitable organization. The receipt must include the donor's name, address, PAN, and the organization's registration number.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/27751736-9459-4852-9d35-86d2a934c2dd)
- ![Section 80G encourages giving by offering tax deductions for donations to registered charitable trusts. This allows you to make a positive impact on society while reducing your tax liability.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/f6301b8f-a5f5-4066-bf50-41c674285406)
- ![This carousel explains the different types of income tax refunds you might be eligible for. Understanding these can help you ensure you get back any excess tax you've paid.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/c7cb007a-37a4-4c13-b458-46d747b27546)
- ![An advance tax overpayment refund occurs when the tax you paid on estimated income is higher than your actual tax liability for the year.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/154a4676-5a71-42a5-83a2-06579e995ebb)
- ![An excess TDS refund is issued when the tax deducted at source (TDS) from your income is higher than your final tax liability.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/ffd712d0-473e-4465-b636-845090371f32)
- ![A self-assessment tax refund is applicable when the tax you paid yourself is higher than your actual tax liability after final calculations.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/dffd2634-e9f3-4aeb-97b2-600daa903bd5)
- ![A regular assessment tax refund happens when the tax paid during a regular assessment by the department turns out to be more than your actual tax liability.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/bf5d7bb1-4ad8-4fce-b208-cc63eafdcafd)
- ![A foreign company tax refund is for when the tax paid by a foreign company on its Indian income is higher than its actual tax liability.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/010b185f-c749-4662-b5da-5d3cc74e9541)
- ![This carousel is your guide to the Indian tax calendar. Staying on top of these key dates and deadlines is crucial for hassle-free financial compliance.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/92fe7547-2e52-4c01-a206-9920f87ae26b)
- ![Welcome to the Indian Tax Carousel. The financial year kicks off on April 1st, marking the start of a new cycle of income, deductions, and tax planning.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/ccdf1b3f-2fc9-4fa1-aae5-3915792addb6)
- ![The period from April to March is for strategic tax planning. The main deadline for filing your Income Tax Return (ITR) is July 31st to avoid penalties.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/0c367092-c397-435e-80be-fc3afe27e32f)
- ![Mark your calendar for advance tax installments on June 15, September 15, December 15, and March 15. For employers, TDS payments are due by the 7th of every month.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/24fb83ee-b0e7-4319-b2d4-cfcb8dea863b)
- ![For businesses, GST returns are due by the 20th of the following month. If your business is subject to a tax audit, the deadline is September 30th.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/c2fe3fc3-6214-4ae9-b4c7-66159fc0cd81)
- ![For multinational corporations, November 30th is the deadline for transfer pricing documentation. If you need to file a revised ITR, your last chance is March 31st.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/a26636b3-0324-4bb4-bf5e-edc0e627efb5)
- ![What are the changes in ITR 2 for 2023-24? This infographic breaks down the updates, including the new Legal Entity Identifier (LEI) details and more.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/61378969-e080-467a-9aba-e4e5a901ec55)
- ![This chart explains the requirements for filing ITR-2, which applies to individuals and HUFs who don't have business income and are ineligible for ITR-1.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/d217990b-9a44-4828-b650-f7145b8234f6)
- ![A reminder of the key deadlines for ITR-2 and ITR-3 for the assessment year 2024-25. Don't miss the July 31 and October 31 dates.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/db257eb6-cd22-46fa-a48c-92d90f807673)
- ![A call to all taxpayers to get ready for the upcoming tax season with this handy checklist visual.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/ed563f8a-85dd-48d1-b491-681876cf1e04)
- ![A list of supporting documents to collect for tax deductions, such as insurance, donation, rent, and tuition fee receipts.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/6c9f40c4-b603-48ad-98e2-63b16afaf784)
- ![A visual checklist of the documents you need to keep ready for filing ITR-2, including Form 16, Form 16A, and rent receipts.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/c6fcb1b6-e011-4593-99b9-ec5db56e0012)

### [GST for Your Business](https://mytribe.in/24efiling/tax-filing-and-advisory/gst-for-your-business)

- [Video: This interactive guide explains who needs to register for GST in India. I cover the turnover thresholds and special cases for e-commerce sellers, aggregators, and OIDAR service providers.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/dc4604f9-7c61-41b7-8e36-cc87b53a0b04)
- ![Ever wondered what the letters and numbers on a GSTIN mean? This graphic breaks down the 15-character Goods and Services Tax Identification Number, from the state code to your PAN. Understanding your GSTIN is the first step to proper GST compliance.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/36a7d0b0-1c4d-443a-9391-aed3764bb867)
- ![Are you an exporter? This carousel explains how a Letter of Undertaking (LUT) allows you to export goods and services without paying IGST upfront, improving your cash flow.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/33da8b06-4993-4f81-8c8c-d3d6506853d9)
- ![A Letter of Undertaking (LUT) is a legal document under GST that allows registered taxpayers to export goods or services without the immediate payment of Integrated Goods and Services Tax (IGST).](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/1792397e-1fa2-4c78-bb87-cfc84fb54e1d)
- ![Any registered taxpayer who exports goods or services is eligible to use the LUT facility. It is an efficient alternative to paying IGST first and then claiming a refund, which can take time.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/204800f3-57b8-4bfa-b72c-d59e74848b9a)
- ![To get an LUT, exporters must apply through the GST portal with the required details and a self-declaration form. Once approved, the LUT is valid for one financial year.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/39c9c8d8-920b-4b27-8474-a83ece4c6fb3)
- ![The advantages of using an LUT are significant. It ensures smooth cash flow, gives you a competitive edge with better pricing, simplifies export procedures, and enables faster transactions.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/bfd5ce6a-1bbf-444b-b757-72f04fe280e1)
- ![When you use the LUT facility, you must comply with all GST authority conditions. This includes timely submission of documents and proper record-keeping to avoid penalties or revocation of the facility.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/ff4a871f-0727-4747-8df5-9c6e71b90c53)
- ![Even large corporations need to be careful with GST compliance. This post discusses the massive Goods and Services Tax (GST) demand of Rs 32,403 crore faced by IT giant Infosys from tax authorities.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/05c0357c-f1a6-423a-9d20-7d0f45c05fe6)

### [Decoding the Union Budget](https://mytribe.in/24efiling/tax-filing-and-advisory/decoding-the-union-budget)

- [Video: The Union Budget 2024 highlights are here. This quick video shows what's getting cheaper, like mobile phones and gold, and what's getting costlier, like telecom equipment.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/d266b7f3-1858-40cd-a522-d1439d00d47c)
- ![The latest Union Budget updated the slabs for the new tax regime. This visual guide shows the income tax rates for different earning levels, helping you decide which tax regime is more beneficial for you.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/079a9a41-52ff-4819-b007-abb419bbd360)
- ![Good news for salaried employees and pensioners in the Union Budget. The standard deduction under the new regime has increased from ₹50,000 to ₹75,000, providing more tax relief.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/be39f29c-a505-441b-9f85-aa4ed5168ede)
- ![The Union Budget 2024 introduced several reductions in customs duty. This includes lower duties on gold, silver, platinum, and mobile phones, which is a relief for consumers and various sectors.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/8497ae61-26f4-43cb-8086-f8d65b5286fe)
- ![While income tax rates didn't see an overall reduction, the budget introduced new slabs under the new tax regime. A major highlight is the complete abolishment of Angel Tax for all investors, boosting the startup ecosystem.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/91390d96-febd-422b-a7ed-fa8aa940093b)
- ![The abolishment of angel tax is a significant step for India's startup ecosystem. This move encourages investment, simplifies compliance, fosters innovation, and helps attract top talent to new ventures.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/feaedd68-3b68-4dd2-b405-bf0db73345bc)
- ![This meme captures the feeling of many middle-class individuals about the increased tax on short-term capital gains announced in the budget. Sometimes, humor is the best way to react to policy changes.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/5d27e26f-4f84-4a81-af94-937bbc82e357)

### [Tax Solutions for Everyone](https://mytribe.in/24efiling/tax-filing-and-advisory/tax-solutions-for-everyone)

- ![If you are a freelancer earning under 20 lakhs a year, you may not need to register your business immediately. I can help you understand the turnover limits and compliance requirements as your freelance career grows.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/e22a5fb5-f8e2-49ba-93fd-92af669affca)
- [Video: Are NRIs exempt from taxes in India? This video debunks common myths surrounding NRI taxation, covering topics like tax liabilities on Indian income, types of NRI accounts, and investment rules for equities.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/d2382cab-876e-41cb-aa9e-9612084c650f)
- ![For my NRI clients, here is a guide to avoiding common tax filing mistakes. Navigating India's tax system from abroad can be tricky, but I am here to help you avoid double taxation.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/7baeb005-deef-4c83-88e0-7e56d8eb30c0)
- ![A crucial first step for NRIs is correctly determining your residential status under the Income Tax Act. Misclassifying yourself can lead to incorrect tax filings, so it's important to get this right.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/bf2485bd-7927-46e3-af36-d5b0e758f24b)
- ![As an NRI, your income earned or received in India is subject to taxation. It is essential to report all such income, including salary, rent, and investments, to avoid penalties.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/6f8d7058-00dd-4eae-b379-ae14d2d80be8)
- ![If you hold foreign assets like bank accounts or properties, you must disclose them in your Indian tax return. Non-disclosure can lead to serious penalties and legal consequences.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/394befde-b607-4fe9-938b-b0781a66e32b)
- ![India has tax treaties with many countries to prevent double taxation. As an NRI, I can help you understand and leverage these treaty benefits to avoid paying more tax than necessary.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/fa9009c3-b94f-48b6-acb3-679cbf009eb7)
- ![Don't ignore your Form 26AS. This consolidated tax statement is crucial for verifying the TDS on your income. I help my NRI clients rectify any discrepancies promptly.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/fa1d0315-b294-4d3c-b672-cf1736aae8ce)
- ![Once your company is incorporated, there are many essential activities to follow. This chart outlines key post-corporation steps, from opening a bank account and issuing shares to ensuring tax and regulatory compliance.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/0c23fb2a-bef0-4622-a6ea-e1ff28ea8d91)

### [Understanding Digital Signatures (DSC)](https://mytribe.in/24efiling/tax-filing-and-advisory/understanding-digital-signatures-dsc)

- ![Is a Digital Signature Certificate mandatory for filing your income tax return? For most individuals, it's optional. However, it is required for companies and individuals who fall under tax audit provisions.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/c135d53a-dd0b-4118-bb54-2aa7f48c53b5)
- ![This carousel provides an in-depth look at how a Class 1 Digital Signature Certificate works for both companies and individuals.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/9f0333a4-4bc1-4f2f-91e0-2765a1a1d143)
- ![A Class 1 Digital Signature Certificate (DSC) is a type of digital signature used to authenticate an individual's identity in electronic transactions, offering more security than a handwritten signature.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/372be2f8-da43-4543-ad55-f756dce3c402)
- ![The primary use of a Class 1 DSC is for individual-level identity verification. It works by checking the user's identity against a pre-verified database.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/856409a6-3905-4e41-94e3-c8b3d5b4f6b5)
- ![Class 1 certificates are typically used in low-risk scenarios, such as signing emails, accessing secure websites, or submitting simple online forms where data compromise risk is minimal.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/9185afe3-9bf6-4553-959d-6712dd5b8418)
- ![These certificates confirm the holder's identity during online transactions. While not as secure as higher-class certificates, they are suitable for basic authentication purposes.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/15bd6908-634e-4c88-934d-86a40fe033df)
- ![Class 1 DSCs are issued by licensed Certifying Authorities (CAs). These entities are authorized by regulatory bodies to issue digital certificates according to strict guidelines.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/ba4cd8b4-69e2-4c12-a197-7c8e6abf4e23)
- ![Like all digital certificates, a Class 1 DSC has a specific validity period. You must renew the certificate upon expiration to continue using it for secure transactions.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/61526a20-72fd-4ae2-b1c1-a3dd386870d2)
- ![To obtain a Class 1 DSC, you need to go through a registration process with a Certifying Authority, which involves providing proof of identity and address documents.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/665e9237-3bf7-4b82-85ea-dce5dc86cc25)
- ![Class 1 certificates are commonly used in various e-governance applications and online services where a basic level of authentication is sufficient.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/def770e7-01c4-4326-8c97-97a27821da18)
- ![How much do you know about your DSC? This series unpacks the crucial components of a Digital Signature Certificate to help you understand what makes it work.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/8ec6734f-ebd9-49c5-92e8-1696a573ab7f)
- ![A DSC contains your public key, which is used to verify your digital signature, and your name or the name of your organization.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/bebc2316-cad5-4f1c-a890-0e1b9eb3938a)
- ![A DSC includes the issuer's name, the entity that verified your identity, and a unique serial number to distinguish it from all other certificates.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/f1a66f64-b627-4ccb-b98d-e0c2e9400765)
- ![Every DSC has an expiration date to prevent the use of outdated certificates. It also contains the digital signature of the issuer to verify its authenticity.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/0fb13c85-6b15-4f0a-bd79-b49bd47a51ca)
- ![The certificate specifies the purpose for which the public key can be used, such as for encryption, digital signatures, or both.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/ac4463e3-5418-4b65-b763-43059a8fa4e3)
- ![A DSC may optionally contain a Subject Alternative Name (SAN) for other identifiers like email addresses, and includes information about the Certificate Authority (CA) that issued it.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/16d86256-8411-4076-875c-a76e35c054ed)
- ![Lost your Digital Signature Certificate? Don't panic. This guide provides the steps you can take to report the loss and get your DSC reissued.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/53ef2738-69f1-4b6f-9c52-9979bb2389d2)
- ![The first step is to contact the authority that issued your DSC. You will need to provide personal details to verify your identity.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/273e1d70-40ba-402c-b2a1-246a98fa6347)
- ![Report the loss of your DSC as soon as possible. This is a critical step to prevent any unauthorized use of your digital signature.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/87494311-9f5f-4722-8c2f-59c38d5309ec)
- ![After reporting the loss, you must request a reissue from the issuing authority. This may involve filling out specific forms and completing additional verification steps.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/e2145038-4eee-4ca9-8f34-768693d409c4)
- ![Follow all instructions provided by the issuing authority for handling a lost certificate. Complying with their prescribed process ensures a smooth reissue.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/c1f503e1-f52f-4441-93f7-6545d2d6cb23)
- ![If your DSC is used for business, inform all relevant parties like clients and partners about the loss and the steps you are taking to resolve it.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/db797fb1-6434-4ad6-8c9b-de26aa983f7c)
- ![This image shows the issuing authority for a Class 1 Digital Signature Certificate, which are licensed Certifying Authorities (CAs).](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/39c696ed-53bc-4bd5-b436-4d7f9c46f9cf)
- ![A title card introducing an in-depth look at how Class 1 Digital Signature Certificates work.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/7e5a904c-c758-4621-ac9a-b05bf333609c)
- ![This visual represents the identity verification step for a Class 1 DSC, using biometrics like a fingerprint scan.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/43f2ec6c-688c-4e2e-bd07-e60a90c23ef8)
- ![A graphic illustrating the application process for a Class 1 DSC, which involves filling out a form with proof of identity.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/78ef07c9-5a84-46ed-aba6-d56fce61468d)
- ![This image explains the usage of Class 1 certificates for low-risk scenarios like signing emails or simple online forms.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/cae19daa-0cc1-487b-90bf-b369babff68b)
- ![A visual for the authentication process, showing how a DSC confirms the identity of the holder during online transactions.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/17ed0b14-54b9-48df-8d23-31091bfc8040)
- ![This graphic depicts the use of Class 1 certificates in e-governance applications and online services.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/1cf0f9b2-d6a0-4b08-9da0-2855887fb41a)
- ![An image of a physical DSC token, explaining that it is a cryptographic signature providing a higher level of security.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/0ae2d0c6-9d09-47d3-b502-2177716fdc52)

### [Tax Talk with a Twist](https://mytribe.in/24efiling/tax-filing-and-advisory/tax-talk-with-a-twist)

- [Video: This classic meme shows the difference between trying to handle tax compliance on your own versus with my help. Don't struggle, file your income tax returns confidently and avoid penalties.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/e298c8b7-f934-4416-9b3b-fdb8e74f1bcb)
- ![The IPL season is here, and so is the tax season. Don't worry about the second one. I can be your Captain Cool and handle the pressure of tax filing while you enjoy the matches.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/e8cd423e-6ebb-4b11-8067-3e3225192e66)
- [Video: We all know that feeling of waiting for a tax refund after filing your ITR. This meme perfectly captures the mood.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/fd4da7ec-1eda-4768-a799-8163f8183b96)
- [Video: Ever feel like the Income Tax Department is watching your every transaction? This meme from 'The Boys' is for you. Stay compliant to avoid unwanted attention.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/062c1c85-1dad-4fa2-9fde-ba51be644588)
- [Video: This is the feeling of relief and success after overcoming all the obstacles and successfully filing your ITR with an expert. It's a battle won.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/352c24b6-7b2e-45c8-95a5-6713afd73c79)
- [Video: Tax season anxiety is real. This meme shows me as the expert who has your back, helping you navigate the fear of compliance and choosing the right ITR forms.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/679a3c80-95a7-4e37-9cd2-cd8fade8911c)

### [Why Work With Us](https://mytribe.in/24efiling/tax-filing-and-advisory/why-work-with-us)

- [Video: Feeling lost with ITR, GST, or Trademark registration? This animation shows how I can help you navigate these complexities and get your company registered with ease.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/817c7f23-01ab-45e9-b4b3-1ba23d178b44)
- [Video: Tax season doesn't have to suck up all your time. This video shows how I can handle everything from deduction calculations and GST registration to patent filing, so you can reclaim your precious time.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/81059d9f-0537-4917-8821-491ef72dc1cb)
- ![Outsourcing your accounting can do more than just save time. This graphic shows six key benefits, including better cost management, access to professional expertise, and improved risk control for your business.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/a2fe0954-e51b-4eb4-b6d6-0b4ab5a27eea)
- [Video: Let's bust some common financial myths. This video tackles misconceptions about accounting in India, from financial year ends to the role of a chartered accountant. Stay informed with the right facts.](https://assets.mytribe.in/insecure/raw:1/plain/s3://mytribe-assets-production/d3267aff-99e2-437d-8cc3-3c7c6911c0a8)

## Meet your expert

[24eFiling](https://mytribe.in/24efiling)

### My story

We kicked off this ride back in 2008, Shekhar Anthati leading the way. The goal? Make taxes and compliance less of a headache for folks all over India. We started tiny, now we’re 20 branches strong and counting. Got dreams of starting your own thing? We get it—rat race isn’t for everyone. We just won the Innovation in Income Tax Advisory and Compliance award in Hyderabad, but honestly, it’s your trust that keeps us going. We’re humans first, paperwork warriors second.

### My work

- **All-in-one tax and registration help**: We handle income tax filing, online GST registration, company setups, payroll, and trademark stuff.
- **Simple, no-fuss process**: You tell us what you need—Private Limited company setup or just payroll management—we make it easy, no jargon.
- **We talk like you do**: English, Kannada, Telugu—nimminda nimge (from us to you), we keep it clear and local.
- **Your 24x7 tax buddy**: Got a midnight question? Our app’s always on. 24x7 tax filing support, so you never stress about deadlines.

## More services from 24eFiling

- [Intellectual Property (IP) Services](https://mytribe.in/24efiling/intellectual-property-ip-services) · ₹6-25K per trademark per class (estimate)
- [Accounting and Payroll Services](https://mytribe.in/24efiling/accounting-and-payroll-services) · ₹2-10K per month (estimate)
- [Company Formation Services](https://mytribe.in/24efiling/company-formation-services) · ₹8-18K per company registration (estimate)

## Book

To book 24eFiling, message mytribe on WhatsApp: [Chat on WhatsApp](https://wa.me/916360004054?text=Hi%2C%20I'm%20looking%20for%20Tax%20Filing%20and%20Advisory%20by%2024eFiling.)