we will be action form today onwards. You will get more updates form today.

On the first, we are launching the Income Tax Returns service. check out the below page as where do you fit in for this year Income Tax Returns. Stay Tuned with us for more Updates.

Link : http://phoenixauditing.com/service/income-tax-returns

Reach us at : @PhoenixAuditingTeam to know more about our services.

Update from Phoenix Auditing:
We have written a blog in our Phoenix Auditing website. Topic is "Tax Planning for Salaried Employees "

Please read the blog in the link and leave your valuable comments : http://phoenixauditing.com/blog/tax-planning-for-salaried-employees-for-fy-2019-20/

If you are earning salary upto Rs.9,75,000
Still no need to pay any taxes if your planning your expenses
Have a look at this article and leave your valuable feedback

Update from Phoenix Auditing:
Make sure to file your Income Tax Return correctly within the due date 31st July, 2019.

Avoid fine, penalty and notice from Income Tax Department.

• If return not filed within due date. Late filing fee is up to Rs 10,000.
• Non disclosure of all your income will attract Penalty of up to 60% of income.
• Failure to get Tax Audit done if applicable will attract a penalty of up to Rs 1,50,000.
• Failure to maintain proper trading records will attract a penalty of Rs 25,000.

Worry no more!! Let tax experts personally assist you through the whole process of filing correct Income Tax Return and avoid any notice from the Income Tax Department.


Feel free to reach us for any query/ doubts.

Phoenix Auditing Team
Contact: 7995679935
Telegram: @PhoenixAuditingTeam

We will get back to all who participated in the recent poll for filing of Income tax Returns

Incase of Salaried Employess make sure once you receive Form 16 to file Income Tax Returns

Update from Phoenix Auditing:
Stock Market Traders,

You must pay special attention while filing your Income Tax Return.

Some of the Common mistakes done by Stock Market Traders are:
1. Not disclose their stock market income- as per recent changes, not disclosing all your income will attract penalty up to 60% of income.
2. Not get Tax Audit done by CA- if turnover for the year exceeds Rs 1 Crore, Tax Audit becomes applicable. If the assessee fails to get his accounts audited penalty up to Rs 1,50,000 will be levied.
3. Incorrect Gain/ Loss calculation- Gain & Loss are calculated differently for Income Tax purpose, based on whether you took delivery/ intra-day/ f&o etc

Phoenix Auditing is your one-stop solution for all your tax and financial compliances.

Feel free to reach us for any query/ doubts.

Phoenix Auditing
Contact: 9620888014
Telegram: @PhoenixAuditingTeam

✳️Dear Stock Market Traders✳️
⁉️Due date to file your Income Tax Return is 31st July 2019.

✳️Expert assisted services as mentioned below are covered in our plan
✅Tax Filing for derivative & intra-day traders
✅Tax Filing for long term & short term positional traders
✅Covers Salary, house rent, capital gain & other incomes
✅Preparation of Profit/Loss and Balance Sheet statement
✅Calculation of taxable income & tax payable
✅Filing of Income Tax Return
✅Advisory on Tax Saving & Tax Audit
✅Support provided via Email & Phone

❌Don’t wait till the last minute.
Plan: ITR3 for Stock Traders
Amount: Rs 3,500/-

*Phoenix Auditing is your one-stop solution for all your tax and financial compliance*

🔷Phoenix Auditing Team
📞Contact: 9620888014
📱Telegram: https://t.me/PhoenixAuditingTeam
💻 Email: phoenixauditing2018@gmail.com

Good mornings members

Make sure to file your Income Tax Returns with in due dates to avoid paying penalties, notice from Department.
Stay tuned for regular updates

Stock Market Traders,
You need to file ITR-3 as trading is considered as Business Income.
Due Date is 31st July, 2019.

We will assist you with the filing. Leave your contact details at the below link and we will get back to you.

Phoenix Auditing

https://docs.google.com/forms/d/e/1FAIpQLSeWDwhKjVlNfxu2OhgWUZ-zCBze0xbrj3oq7DJM1EviG7cXdA/viewform

Do you all know that all those who are in Intraday Trading should file ITR3? Do you know what all the advantages of ITR3? Do you what are all the penalties if you don't file ITR3?

⁉️Why you need to file ITR - 3 ?
✅Presented by Phoenix Auditing

✅Join for Free

🔢Date: June 28 2019, Friday
🕓Time: 4:00 PM - 5:00 PM

🔽Register with the below Link🔽

https://register.gotowebinar.com/register/8347233193042978572

⚠️We will clarify your doubts

Please text us @PhoenixAuditingTeam to know more about our services.

Imporant update to all of the Stock Market Traders and Investors : This is in regarding with the Tax filing which is due by next Month end. Please by mistake also don't file ITR1. You will be doing wrong thing as well as you will be missing out lot of benefits which you get by filing ITR3. We have written a Blog on the ITR3. Please do read the blog and understand the importance of Filing ITR3 and also reach us on the contact details in the blog if you need any assistance. Please don't forget to post your valuable comments. Happy Knowlege Sharing.

link : http://phoenixauditing.com/blog/%ef%bb%bfitr-3-for-stock-market-traders/

Good Morning Members

Important Update from Phoenix Auditing:
Frequently Asked Questions of Stock Market Traders Answered:
1. What is Form ITR-3?
2. Why should a Stock Market Trader file ITR-3?
3. What are the Advantages of filing ITR-3?
4. What are the expenses that can be claimed under ITR-3?
5. What are the provisions related to carry forward of losses?
6. What are the requirements in ITR-3?
7. Is it compulsory to maintain Books of Accounts?
8. When is Tax Audit applicable?
9. What are the penalties for non compliances?
10. What is the due date to file the return?
Read our latest blog and get more clarity on ITR-3 filing.
Link: https://phoenixauditing.com/blog/%ef%bb%bfitr-3-for-stock-market-traders/
Feel free to reach us for any further clarification at 9620888014
Phoenix Auditing Team