Frequently Asked Questions

What does Namoye.com offer for overseas education?

Namoye.com connects students with seasoned professionals who provide comprehensive overseas education services. These include admission guidance, visa assistance, scholarship counseling, and more.

What is advance tax, and who needs to pay it?

Advance tax is pre-payment of income tax for income earned during the year. It applies to individuals and businesses with tax liabilities exceeding ₹10,000.

Can Namoye help with tax notices?

Absolutely. Our networks of professionals assist in responding to notices, rectifications, and even representation before tax authorities.

Is it mandatory for businesses to file ITR even if there’s no income?

Yes, every registered business must file an ITR, even if it has zero income during the financial year.

What happens if I miss the tax filing deadline?

Late filing may attract penalties, and you could lose the opportunity to carry forward losses. We ensure timely filing to avoid such issues.

Can Namoye help me save taxes?

Yes, our tax experts help you maximize deductions under various sections and optimize your tax liabilities.

What documents are required for filing ITR?

Key documents include Form 16, bank statements, investment proofs, and rent receipts (for HRA claims).

When is the due date for filing income tax returns in India?

For individuals, the due date is usually July 31st for the previous financial year. For audited businesses, it is September 30th.

Can foreign companies avail your services?

Yes, we assist foreign entities with compliance, including setting up branch offices, subsidiaries, or liaison offices in India.

Is secretarial audit mandatory for private companies?

It is mandatory for private companies meeting certain criteria, like paid-up capital or borrowings beyond specified limits.