India’s tax assessment framework is seen to be the most mind boggling all around the world. With the direct taxation, laws in India continually amending to reflect the progressions in the economy and strategy of the government, taking care of assessment work in many organizations can be challenging. There are number of limitations/restrictions on domestic as well as international transaction between companies. It gets easier to deal with the taxes all together in order to fulfill the deadlines of income tax compliances.
Corporate Tax
- Income Tax Planning and Management,
- Assistance in quarter-wise development tax computations,
- Assistance in filing corporate tax returns,
- Opinions on different transactions from domestic law to double taxation settlement perspective
Affirmation Work
- Issuance of 15CA and 15CB certificate for settlement to Non-occupant/Foreign Entities under section 195 of the Income-Tax Act, 1961
- Issuance of Certification for repatriation of fund up to USD 1 million of balances in NRO accounts/of sale proceeds of assets up to USD 1 million, of balances in NRO accounts/of sale proceeds of assets on production of an undertaking
- Issuing Certificates under the Income Tax Act i.e., u/s 80IA/80IB/10 A/10B & other certificates to claim deduction.
Withholding Tax
- Helping in filing withholding tax returns
- Helping on compliance aspects such as tax registration, assistance in obtaining lower withholding tax certificate, etc.
- Advising & reviewing of all necessary tax withholding compliances.
- Verification of all payments to vendors for estimating application of rates and determine categories for deduction of withholding taxes
- Advising on every financial subject that is of interest to the clients
- Managing vendors/employees for issuance of withholding forms preparation & filling of Quarterly E-TDS Returns and annual returns
Income Tax Filing and Returns
- Preparation of computation of income & filing of income tax returns of various HNI assessee and other HUFs, Partnership Firms and Companies.
- Advisory services on Taxation of Employees sent on secondment premise.
- Processing, planning and coordinating with department related to Income Tax Refunds
- On call Business advisory in respect of taxation issues.