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Taxation Division
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Taxation comprises varied direct and indirect tax laws and regulations framed there under, the same are averse to frequent modifications and complexities, provoking expert opinion and consulting instantaneously. Professional competence and expertise is apparent or inevitable in the present diversified business environment, role of strategic and innovative tax planning become more imperative. The Firm inculcated core competence, primarily on direct tax laws related matters and offers a range of professional services given hereunder in accordance to the tax structure and implications for different type of entities (assessee). Our tax advisory services are geared for advising clients on establishment of tax management systems to ensure various mandatory compliances under the tax legislations.
The following matters are handled by the firm’s Taxation Division :
- Income Tax - Service Tax
- Wealth Tax - VAT
- Customs & Central Excise - Other Commercial Taxes
This division provides consultancy and advisory services to all corporate and non-corporate entities, social organizations, private as well as public sector entities and individual assesses.
The services provided by the division covers:
1. Direct Taxation
- Strategic Tax planning and opinion forming
- Conducting Tax Audit u/s. 44AB of the Income Tax Act, 1961.
- Professional assistance for computation of income, filing / uploading return of income
- Filing of Returns of Income Tax, Wealth Tax, Tax Deducted at Source (TDS)
- Managing Client’s regular assessments (including Self Assessment u/s 140A, Scrutiny assessment u/s 143(3) and u/s 147 of the Income Tax act, 1961)
- Co-ordination - Assessment of Representative assessee (Sec. 160 & 163 of the Income Tax Act, 1961) cases
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- Coordinating rectification u/s 154, revision u/s 264 of the Income Tax Act, 1961.
- Assistance and tracking for filing quarterly, half yearly and annual returns of advance tax and TDS
- Filing and pleading appeals before Commissioner of Income Tax (Appeals) and Income Tax Appellate Tribunal (ITAT).
- Specialization in the cases of search, seizure and prosecution
- Assistance in understanding the transactions that are subject to the International Transfer Pricing regulations (Arm’s length pricing) and analyzing potential pricing methodologies. (U/s Sec 92 of the Income Tax Act, 1961 and the rules framed in this regard).
- Consultancy in TDS related matters.
- Handling enforcement related issues.
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2. Indirect Taxation
- Registration under Central Sales Tax Act, VAT, Service Tax and Central Excise
- Assistance for filing quarterly, half yearly and annual returns and their revisions
- Representing and pleading before assessment and appellate authorities
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- Opinion forming on complex issues
- Advising on compliances and deposit of taxes
- Strategic tax planning
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“Tax is not a burden, it’s a
social responsibility, plan it
don’t evade it.”
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Management Team [Taxation division]:
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"You cannot escape the
responsibility of tomorrow
by evading it today."
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