Direct Tax Services
Direct Tax is the 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 taxes are income tax and property tax. Direct tax is often accompanied by a tax return filing by the taxpayer.
Under Direct Taxation we provide tax consultancy services in the following areas:
. Direct Tax Services
. Fringe Benefit Tax
. Double Taxation Avoidance Agreements
. International Taxation
Tax Consultancy Services for Corporate Clients
With complete functional know how of ERP (SAP/ CODA/ Oracle etc), undertake Direct Tax services for corporate clients. Our tax services for corporate clients 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 Consultancy Services
We offer personal taxation consultancy services like personal tax planning, personal tax consultancy services, tax compliance and advisory services that cover the following:
. Personal Tax Consulting.
. Personal Tax Services 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.
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.
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