For Proprietors

Can I claim deductions under section 80C as a proprietor?
Income tax act offers various tax deductions for a sole proprietor or self-employed person. If you are a self employed person or sole proprietor then you ca...
Fri, 5 Oct, 2018 at 4:32 PM
When does a proprietorship qualify to pay taxes?
Sole proprietorship is a business enterprise owned and controlled by one person who has the entire authority and responsibility of such business. The owner ...
Fri, 5 Oct, 2018 at 4:33 PM
I do not know my income tax ward/circle?
You can file your Income Tax Return even if you do not know your Income Tax Ward/Circle. You can use the “Know your PAN” option for finding your ward/circl...
Tue, 18 Sep, 2018 at 10:44 AM
What is depreciation?
Depreciation means reduction of cost of asset till the value of asset becomes zero or negligible. Depreciation is an accounting method of assigning the cost...
Fri, 14 Sep, 2018 at 5:23 PM
What are Deductible and Non-Deductible expenses?
Typically, any expense you incur towards generating or operating your business is deductible against your gross taxable income. These are:- Telephone bil...
Tue, 18 Sep, 2018 at 10:45 AM
How do I know how many journal entries do I have
Broadly speaking, a single transaction will be considered a single entry. However, certain anomalies may occur, for e.g. where in-depth inventory managemen...
Fri, 14 Sep, 2018 at 5:25 PM
Do I need to upload all documents online while placing order?
You do not need to upload all or any documents while placing the order. The same can be sent to us offline after placing the order.
Mon, 17 Sep, 2018 at 12:15 PM
What if there is a revision required in the returns?
If there is an error in returns on account of CAX, the returns will be revised at no incremental cost. However, if the error is made by the customer, additi...
Mon, 17 Sep, 2018 at 12:16 PM
What if there is a delay in account preparation and return filing?
CAX ensures every effort is made to provide reports and file returns within the estimated time period. Incase there are delays in account preparation, the c...
Mon, 17 Sep, 2018 at 12:16 PM
Do I get the Raw zip file?
Yes, you may request the RAW zip file that is prepared by us on behalf of your client. 
Mon, 17 Sep, 2018 at 12:17 PM