How did you prepare your tax papers, yourself or with help of professional?

India
January 15, 2009 4:07am CST
Hi, I am from India. Here we prepare our tax returns with the help of the professional Chartered Accountant. Every year government says it has simplified the tax hassles. But every year the things get worsen and new form is introduced. So we need to take help of the professional. What about you.
5 responses
@anujain75 (1059)
• India
29 Jan 09
hi puja it is very easy to fill up return from. Saral is no more there. If you are salaried person then download ITR1 form.First calculate gross salary. then deduct HRA employement tax, medical reimmburshments, and LTA. Now calculate PF+nsc+savings for tax exemption like insurance.If it exceed 100000INR then deduct 100000INR otherwise deduct exact amount. Now you are ladies so if the remaider amount is greater than 1,40,000 then your tax liability is nil.even you claim refund shown in your form 16. If you post your earnings after deduction then I will tell you how much you have to pay. I am a housewife.I submit my hubby's retun on behalf of him
• India
29 Jan 09
Ya , I am also from INDIA, you are right . Government introduce the TAX return format and says that it is SARAL. But its not so simple as name suggest . I really need a professional for it. Any one here to suggest me on saving huge amount from Tax is welcome !!!
• India
29 Jan 09
Ya , I am also from INDIA, you are right . Government introduce the TAX return format and says that it is SARAL. But its not so simple as name suggest . I really need a professional for it. Any one here to suggest me on saving huge amount from Tax is welcome !!!
@sonusd (1547)
• India
15 Jan 09
puja i think you are not aquanted with indian tax service and do not blame government they have made our tax filing very easy now you can file your tax on line also ,just try once then you will understand how easy it is but we need a tax consultant when the amount is very high and we want to dishonest and want to hide our income to pay less tax
@nanayangel (7881)
• Philippines
15 Jan 09
Hi there! I am from the Philippines and I prepare and pay my taxes myself. I pay for both my business which is an internet cafe and my uncle's beach resort where I am working as a bookkeeper.