INCOME TAX
In today's complex financial and business world, everyone needs reliable, professional accountancy and taxation help managing their personal and business finances.
All Companies, Partnership Firms, Individuals have to file tax returns every year. Our Tax specialists assist corporates, individuals and organizations in understanding the tax regime in India and in drawing up an appropriate tax strategy for tax management. Complying with Tax Laws is critical to businesses enterprises as non-compliance not only increases financial risk in terms of penalties and possible increase in tax incidence, but also serious business risk in terms of damage to the reputation in the eyes of tax authorities and general public.
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 claiming various exemptions & deductions.
Tax seems to be taking an ever-increasing slice of the nation's income.
Our Taxation service includes a wider range of services provided to individuals of different backgrounds as per their requirements: -
We provide the following Income Tax Services:
- Tax Management Services, advisory services to minimize and manage tax liability under Indian Tax Laws
- Calculation of Advance Taxes
- Filing of returns of Income Tax, Wealth Tax, Tax Deducted at Source (TDS) and Tax collected at Source (TCS)
- Representation before Tax Authorities for Assessments, Appeals, Search & Seizure Cases
- Employee Tax Management and Salary Structure Designing Services
- Follow up income tax refunds
- Rectification & revision of income tax orders
- Consultancy in TDS matters
- Registration of trust for charitable purposes
- Obtaining advance Ruling
- Other Compliances as per Income Tax Act.
As accountants and tax consultants 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
- Identifying tax-efficient savings Schemes
- planning to reduce capital gains tax