Direct Taxation
Direct Tax is a tax that is paid directly
to the government by the persons on whom it is imposed. It cannot be shifted
onto others. The best examples of direct tax are income tax and property
tax. Direct tax is often accompanied by a tax return filed by the taxpayer.
Under Direct Taxation we provide tax consultancy services in
the following areas:
- Direct Tax
- Fringe Benefit Tax
- Double Taxation Avoidance Agreements
- International Taxation
|
Tax Services For Corporate Clients
With complete functional know how of ERP (SAP/ CODA/ Oracle etc), undertake
Direct Tax support services for corporate clients. The services include:
- Day-to-day tax matters that include replying to various tax
notices and providing necessary tax support on regular tax matters.
- Management of tax records and reports in both Soft and Hard
files including documentation as per SOX.
- Tax compliance that includes advance Income tax and Fringe
Benefit Tax (FBT) calculations and deposits, TDS compliance and
filing of returns.
- Compilation of tax details for audit and support to the
auditors.
- We provide all important information to statutory auditors or
management auditors in relation to tax matters.
- We support in the compilation of Transfer pricing documentation
and certification.
- We also guide in the compilation of Corporate tax returns such
as Income tax, wealth tax and FBT, and also its e-Filing with the
revenue department.
- We provide support in the areas of PAN, TAN and online tax
credits view also.
- We provide tax reporting on defined frequencies such as monthly,
quarterly, annually to Parent Company according to their formats.
- Compilation of Various details for Tax Assessment purposes such
as Scrutiny and Appellate level for Income tax and Transfer pricing
|
Personal Taxation Services
We offer personal taxation services like personal tax planning, tax compliance and advisory services that
cover the following:
- Personal Tax Consulting.
- Personal Tax Compliances that includes compiling and filing of
Tax returns.
- We provide review and assistance in advance tax computations.
- Representation before the Tax authorities related to tax
assessments, refunds or other matters.
- We guide in getting various tax registrations that includes
Permanent Account Number (PAN).
- Management of tax records in Soft and Hard forms.
- Advisory on tax issues like capital gains/ loans/ tax
Investments etc.
|
Tax Compliances
We undertake Regulatory compliances such as statutory returns and documents
preparations, compilations and e-filings with the revenue authorities that
include the following:
- Tax Audits as per the provisions of the Indian Income tax Laws.
- We help in the preparation and review of corporate tax returns
to ensure the compliances with the Income Tax Act, 1961 and the
various judicial pronouncements.
- We guide for the preparation and review of the withholding tax
(TDS) returns as per the provisions of the Income Tax Act, 1961.
- Seeking Advance Rulings.
|
Tax Representations
We undertake tax representations before the Revenue authorities for Tax
Assessments of Income tax and transfer pricing cases and any other such tax
matters.
Foreign Remittance Certifications
We also undertake consultancy and certification services required for
making foreign remittances according to the provisions of section 195 of the
Income tax Act, 1961 or as per Double Taxation Avoidance agreements (DTAA)
as per the guidelines of Reserve Bank of India (RBI). The services of this
category broadly include:
- We offer expert suggestions on the applicability of withholding
tax on various foreign remittances as per Indian Income tax Act /
DTAA.
- We guide in matters of issuing Foreign Remittance Certificates
under the various provisions of the Income Tax Act, 1961.
- We guide in the Royalty and Technical know-how workings as per
Reserve Bank of India (RBI) guidelines and formats and withholding
the tax certification on such remittances.
- We help in seeking of certificates from the International
taxation department for non/lower deduction of tax at source (TDS).
- Representations before International taxation authorities
regarding matters arising out of withholding tax on foreign
remittances.
- We also help in other documentation and remittance support and
dealing with authorized dealers regarding foreign remittances.
|