Outlead one Point
Email id : caamit1244@yahoo.com
Mobile no :9717088808
We are world best consulting firm. We are providing services for Accounting & Auditing, ITR filing, GST, ROC compliance ,Group accounting consolidation And IFRS advisory services
Outlead one Point- About
We are world leading consulting firm. We provide service relating to auditing and accounting, ITR filing, GST registration and returns, IFRS advisory services, Consolidation accounting, and ROC compliances. Our main focus is assist and guide our clients to running their business efficiently
IFRS Advisory and ROC compliances
Industry 01
Accounting & Audting
GST regsitertaion and returns
GST
Goods & Services Tax (GST) is a big reform for the Indian economy as it will help to develop a common Indian economy and reduce the cascading effect of tax on the cost of goods and services. Implementation of GST in India will impact the Tax Structure, Tax Incidence, Tax Computation, Tax Payment, Compliance, Credit Utilization and Reporting, leading to a complete overhaul of the current indirect tax system.
Our Indirect tax team comprehends a thorough understanding of the evolving Goods & Services tax law and its emerging trends and issues in various sectors and their impact on clients’ businesses.
This paradigm shift to Goods & Services Tax in India will lead to far reaching impacts on different business processes including operations, supply chain model contractual agreements, pricing, information technology, human resource & tax compliances.
Business houses need to be ready for smooth transition to GST and prepare a roll out plan.
Effective transition planning needs engagement with concerned team, providing training, compliance manuals, imparting education of the system and practical action points.
Here is an indicative glimpse of services we offer, in light of a dynamic and evolving regulatory environment surrounding Goods & Services Tax:
Review of how and in what manner the service tax levies would be dovetailed into GST, and also to plug in any existing leakages and gaps in the present regime.
- Overview assessment of different business functions and operations in order to be better prepared for GST transition.
- Assistance and advice for diagnostic / impact analysis to assess the operational, commercial and financial impact of GST
- Assistance and support in planning transition to GST including on the prevailing ERP.
- Migration of existing assesses under GST and Registration of new dealers under GST
- Presenting updates on regular basis on implementation, Model GST law and other legal aspects & clarifications on Indian GST provided by Government.
- Support on Compliance with filings and records as may comprehensively be required under the GST regime.
ITR-1 OR SAHAJ
This Return Form is to be used by an individual whose total income for the assessment year 2017-18 includes:-
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Income from Salary/ Pension; or
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Income from One House Property (excluding cases where loss is brought forward from previous years); or
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Income from Other Sources (excluding Winning from Lottery and Income from Race Horses)
Who cannot use this Return Form
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If your total income exceeds Rs 50 lakhs.
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If you have foreign assets
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If you have agricultural income which is more than Rs. 5,000,
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If you have taxable capital gains
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If you have income from business or profession
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If you have income from more than one house property
Want to know more about the ITR-1 Form? Why not read our comprehensive guide to the ITR-1 Form?
Get answers to all your questions about how to fill the ITR-1 Form.
ITR-2A
This tax return form has been discontinued in FY 2016-17.If you have filed ITR 2A in FY 2015-16, then you should file ITR 2 now for FY 2016-17.
Want to know more about the ITR-2A Form ? Why not read our comprehensive guide to the ITR-2A Form?
Get answers to all your questions about how to fill the ITR-2A Form.
ITR-2
This Return Form is to be used by an individual or a Hindu Undivided Family whose total income for the assessment year 2017-18 includes:-
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Income from Salary/Pension; or
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Income from House Property; or
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Income from Capital Gains; or
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Income from Other Sources (including Winnings from Lottery and Income from Race Horses).
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Income of a person as a partner in the firm
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Foreign Assets/Foreign income
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Agricultural income more than Rs 5,000
Further, in a case where the income of another person like one’s spouse, child, etc. is to be clubbed with the income of the assessee, this Return Form can be used where such income falls in any of the above categories.
Who cannot use this Return Form
This Return Form should not be used by an individual whose total income for the assessment year 2017-18 includes Income from Business or Profession .
For declaring these types of Income, you may have to use ITR-3 or ITR-4 .
Want to know more about the ITR-2 Form? Why not read our comprehensive guide to the ITR-2 Form?
Get answers to all your questions about how to fill the ITR-2 Form.
ITR-3
The old ITR-4 tax form has been renamed ITR-3. If you’ve e-filed an ITR-3 for FY 2015-16, then you must file an ITR-2 now. Learn more about ITR-2 return form.
The Current ITR3 Form is to be used by an individual or an Hindu Undivided Family who have income from proprietary business or are carrying on profession. The persons having income from following sources are eligible to file ITR 3 :
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Carrying on a business or profession
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Return may include income from House property,Salary/Pension and Income from other sources
Click here to read our comprehensive guide to the ITR-3
ClearTax automatically selects the ITR you need to e-File.
Start Filing Today! Upload your Form 16
If you’re filing with ClearTax, you may not even have to read this guide.
ITR-4 S or Sugam
This tax return form has been discontinued in FY 2016-17.If you have filed ITR 4S in FY 2015-16, then you should file ITR 4 now for FY 2016-17.
Click here to read our comprehensive guide to the ITR-4S
ITR-4
The old ITR-4S tax form has been renamed ITR-4. If you’ve e-filed an ITR-4 for FY 2015-16, then you must file an ITR-3 now. Learn more about ITR-3 return form.
The current ITR 4 is applicable to individuals and HUFs having income from a business or profession and who have opted for the presumptive income scheme as per Section 44AD ,Sec 44ADA and Section 44AE of the Income Tax Act. However, if the turnover of the business exceeds Rs 2 crores, the tax payer will have to file ITR-3.
Click here to read our comprehensive guide to the ITR-4
ITR-5
For firms, LLPs, AOPs (Association of persons) and BOIs (Body of Individuals)
Click here to read our comprehensive guide to the ITR-5
ITR-6
For Companies other than companies claiming exemption under section 11 (Income from property held for charitable or religious purposes)
This return has to be filed electronically only.
Click here to read our comprehensive guide to the ITR-6
ITR-7
For persons including companies required to furnish return under section 139(4A) or section 139(4B) or section 139(4C) or section 139(4D).
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Return under section 139(4A) is required to be filed by every person in receipt of income derived from property held under trust or other legal obligation wholly for charitable or religious purposes or in part only for such purposes.
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Return under section 139(4B) is required to be filed by a political party if the total income without giving effect to the provisions of section 139A exceeds the maximum amount which is not chargeable to income-tax.
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Return under section 139(4C) is required to be filed by every –
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scientific research association;
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news agency ;
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association or institution referred to in section 10(23A);
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institution referred to in section 10(23B);
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fund or institution or university or other educational institution or any hospital or other medical institution.
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Return under section 139(4D) is required to be filed by every university, college or other institution, which is not required to furnish return of income or loss under any other provision of this section.
aboutus
We are world best leading consulting firm. We provide perfect solutions to our clients and our main objective to achieve customer excellency in the business. Outlead One Point is actively engaged in a full service, multi-disciplinary practice under four core services verticals – Taxation, Regulatory, Transaction Advisory and Audit & Assurance. The Firm has immense experience rendering diverse professional services to an extensive base of national & international clients.
Our endeavor is to provide qualitative, expert professional services rendered efficaciously, sagaciously and with keen attention to details to match clients’ requirements. We provide services pragmatically, innovatively along with due care & diligence.
We have an extensive team of professionals with sound regulatory & professional knowledge and strong business acumen. Management experts having in-depth experience in providing multi-disciplinary services in a wide range of areas including Valuations, Mergers & Acquisitions, Business set up and Corporate Finance.
Our sector focus gives us a distinctive ability to implement tailored solutions that suit our clients’ unique business needs. Our strategy involves implementing internal knowledge management systems to deliver performance-based, industry-tailored and technology-enabled business advisory services to our clients.
Developing a special relationship with our clients forms the basis of our approach.