Consist of taxation on income earned in a financial year, a part of which is taxable as per rates recommended for that year. With the financial year running from 1 April to 31 March of following year, broadly taxpayers are stated as residents or non-residents where the individual taxpayers can be classified as 'residents but not ordinary residents'.
An individual is said to be a resident of India if he is in India for:
If any of the conditions is not fulfilled then the individual is said to be a Non-Resident Indian (NRI).
A resident is "not ordinarily resident" in India if he:
Heads Of Income
What UVS Partners Offers
We offer Income tax Consultants or Tax consultants in Delhi services at affordable prices, which fulfills the client's need and expectations completely. We offer expert consultancy to Corporate, foreign Companies, individuals (both Residents and Non-residents), partnership firms who are amenable to pay Tax according to the Indian legislation authority. We are also dealing in filing Income Tax Return for various categories of persons under the income tax act. We can develop tax strategies that can help our clients in managing new tax laws according to our legislation. Our expert services include - Tax Planning, Reducing Tax Liabilities & Risks, Finalization of Accounts, Filing of Returns, Preparation of Tax planning and preparation. So, contact us for filing your Income Tax Return and enjoy the benefits of good financial planning advise and that too in a cost efficient way. Below mentioned our Income tax Consultants or Tax consultants related service that we offer to our clients: