Direct & Indirect Taxatation Related Services

TAXATION

In today's complex financial and business world, everyone needs reliable, professional accountancy and taxation help managing their personal and business finances.

Not only it is necessary to ensure that everything is accounted for in compliance with the various statutory requirements, it is also important to make the most of every opportunity to maximize your income and minimize your Tax Liability by claming various exemption & deductions.

The 'Tax Quiche'…

.. and how to keep as much of it as possible for you and your family

Tax planning is all about understanding the personal and business taxes you are liable to pay, and looking at ways to minimize them. In this way, you can help maximize your net income, creating opportunities to save for the current and future needs of your family and your business.

Tax seems to be taking an ever-increasing slice of the nation's income.

Our 'tax pie' diagram (right) shows how your wealth can be diminished by both taxes out of income, and those taxes payable on amount receivable on death or a capital transaction, leaving one slice for you to spend or save. If you wish to ensure that this slice for your personal use is as large as possible, then we can help you.

Albert Einstein once famously said that 'the hardest thing in the world to understand is income tax'. But don’t let complexity deter you from a simple goal: keeping your taxes as low as possible.

As accountants our role includes not only preparing financial statements and tax returns but also working with you to ensure that both the periodic taxes and the taxes out of income are at the lowest possible level and are duly paid on time. This is one of the way to retain the biggest slice of your wealth to spend or save.

We can help you in:-

  • making the most of tax-free opportunities
  • Keeping tax rates as low as possible across the family
  • developing a plan for tax-efficient profit extraction
  • keeping business taxes to a minimum
  • minimising the tax on the sale/merger/de-merger/acquisition of your business
  • a tax-efficient remuneration package
  • reducing the cost of company cars and electronic equipments
  • Identifying tax-efficient savings Schemes
  • reducing the tax on your estate
  • planning to reduce capital gains tax

Our Taxation service includes a wider range of services provided to individuals of different backgrounds as per their requirements:-
Tax consultants services for Resident Indians – DIRECT TAXES:

  • To obtain Permanent Account Number (PAN) and TAN number online.
  • Tax planning
  • Advance tax computation
  • Tax Audit
  • Filling of Income return
  • Follow up income tax refunds.
  • Rectification & revision of income tax orders.
  • Representation before Income Tax Authority for Scrutiny Cases.
  • Quarterly return for TDS/TCS in electronic form
  • Consultancy in TDS matters
  • No TDS/ TCS Certificate.
  • Registration of trust for charitable purposes
  • Obtaining advance Ruling
  • Specific advice on taxation
  • Other Compliances as per Income Tax Act.

Tax consultants services for Resident Indians – SERVICE TAX:

  • Providing consultancy on Service Tax matter & levy of service Tax.
  • Registration of Enterprise under service Tax rules and obtaining certificate of that.
  • Modification in existing service tax registration certificate.
  • Calculation of Taxable Turnover & Tax thereon on monthly/ quarterly / half yearly basis.
  • Deposition of Service Tax with appropriate Govt. Department on timely basis.
  • Filing of Service Tax return on timely basis with Govt. Department.
  • Drafting appeals & submissions.
  • Appearances & arguments before adjudication & appellate authorities.
  • Any other matter incidental thereto.

Tax consultants services for Resident Indians – sales tax:

  • Providing consultancy on Sales Tax matter & levy of Sales Tax/ VAT.
  • Registration of Enterprise under Central Sales Tax Act & Delhi Vat Act and obtaining certificate of that.
  • Modification in existing Sales tax registration certificate.
  • Any other matter incidental thereto.
  • Calculation of Taxable turnover & Tax thereon on monthly/ quarterly / half yearly basis.
  • Deposition of Sales Tax / VAT with appropriate Govt. Department on timely basis.
  • Filing of Sales Tax/ VAT return on timely basis with Govt. Department.
  • Issuance of necessary forms from time to time.
  • Filing of Other documents/ Misc forms with the Govt Department on time to time basis.
  • Drafting appeals & submissions.
  • Appearances & arguments before adjudication & appellate authorities.

Tax consultant services for Non-Resident Indians (NRI)
The Non Resident Indians (NRIs) need information and guidance in relation to legalities and procedures as to the assets held in India and taxation of income and profit/gains on sale of assets. This is specifically related to following:

  • Regulations as to operating bank accounts, repatriation of Income earned in India and special RBI schemes for returning NRIs.
  • Regulations as to investments in shares and debentures, mutual funds government securities and bank deposits and its taxations.
  • Procedure to for purchase and sale of immovable properties in India and renting them out.
  • Procedure to file return of income and obtain tax exemption certificate and Permanent Account Number.
  • Replies to any queries on Indian Taxation, Foreign Exchange Management Act FEMA) and Reserve bank of India procedures and approvals.
  • Certification for repatriation.
 
     
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