The tax practice group provides comprehensive advice and contemporary tax solutions to its clients. Well Equipped to render solution based advice on direct and indirect taxation issues, the inter -disciplinary team comprises of Lawyers, Chartered Accountants, Company Secretaries and Tax Specialists.
We advise several domestic and multinational clients operating in diverse sectors including civil aviation, automobile, auto ancillary industry, retail, real estate infrastructure projects, media and Entertainment, hospitality, information technology and investment funds.
Accounting
The service involves preparation and maintenance of books of accounts on suitable periodical interval as per requirements of the client. We maintain the books of accounts online by using software like Tally, Quick-book and other cloud based software as per applicable Indian Rules & Regulations. We are also fully equipped to maintain the books of accounts as per specific business requirements of the client. We apply a significant amount of our time to understand the manner and method of business being conducted by the clients and accordingly, on job to job basis we prepare accounting system so that in due course of time the client can focus on its core business/professional activities.
Outsourcing Accounting Function has proved to be a very productive strategy for businesses all around the world as now a days to set up inhouse accounts department is very costly affairs as against the outsourcing is very economical and efficient. In India, with our expert Accounting Outsourcing Solutions, we are serving various national/multinational organizations from USA, UK, Singapore and Taiwan etc. We have an experience in providing Accounting Bookkeeping Services, which is directly evident in the quality we deliver. Our emphasis remains on dedicated services, commitment and accountability, which is the reason why our list of clients has grown up at a faster pace on year to year basis.
We provide Accounting services / BookKeeping Services / Payroll Services as per requirement of the client on weekly, bi-weekly, monthly, quarterly or yearly basis. Our Services covers all aspects of maintenance of books of accounts including: -
- Recording of all transactions related to expenses, income, assets & liabilities
- Preparation of general ledger and subsidiary ledgers
- Assets accounting and maintenance of fixed assets register
- Accounts receivables and age-wise reporting to management
- Accounts payables including overdue liabilities.
- Bank reconciliation
- Trial balance
- Income statement (Profit & Loss)
- Balance-sheet
- Cash flow statement
- Preparation of various reports required for compliance under applicable Rules & Regulations such as GST/TDS etc.
- Preparation of Annual Financial statements
- MIS – including Ageing report & summaries
Direct Tax Compliances
Taxation being a highly specialized area require skills relating to tax planning, documentation and representation. As expert Direct Tax Planners, the whole idea behind offering excellent Income Tax Consultancy at New Delhi & NCR is to ensure that a major portion of your hard earned money stays with you and to keep your tax liability to the minimum level within four corner of Law.
Tax Consultancy Services For Corporate Clients
- Personal interaction with the client to ascertain corporate structure, its sources of income and pending tax disputes at various forum of litigation under Income Tax Act.
- Tax Planning within four corner of Law
- Tax compliance - Calculation of estimated advance tax liability on quarterly basis and review thereof on each quarter.
- Timely alert for deposit of advance tax, or any other tax compliances.
- Year end calculation of estimated tax liability and to advise further tax planning or to make up shortfall in deposit of advance tax.
- TDS compliance, filing of returns & issuance of TDS Certificates.
- Timely preparation of ITR, deposit of self assessment tax, and filing of ITR.
- Checking of intimation if any, received from the department u/s 143(1) for deposit of tax demand as determined by the department or to claim refund, if it is not received.
- Compliances of tax notice received from Income Tax Department.
- To appear before Revenue Officer on behalf of clients in the scrutiny matters.
- To examine assessment order and to advise the clients about future line of action on the basis of assessment order framed by Income Tax Officer.
- To file appeal and stay, before Appellate Authorities.
- To prepare written submissions /Paper book to be filed before Appellate Authorities.
- To attend appellate proceedings on behalf of the clients.
- Online verification of Tax demand, Tax Refund & review of tax credit available on IT website.
- To take necessary action for settlement of outstanding demand against the client.
- To file application for recovery of old tax refund due to the assessee
Personal Taxation Consultancy Services
- Personal interaction with the client to ascertain his sources of income, family structure, tax friendly investment made, deductions as are available and over all assets and liability status.
- Tax Planning within four corner of Law
- Estimation of taxable income and investment to be made to reduce tax liability.
- Timely alert for deposit of advance tax, or any other tax compliances.
- Year end calculation of estimated tax liability and to advise further investment or to make up shortfall in deposit of advance tax.
- Timely preparation of ITR, deposit of self assessment tax, and filing of ITR.
- Checking of intimation if any, received from the department u/s 143(1) for deposit of tax as determined by the department or to claim refund, if not received.
- Compliances of tax notice received from Income Tax Department.
- To appear before Revenue Officer on behalf of clients in the scrutiny matters.
- To examine assessment order and to advise the clients about future line of action on the basis of assessment order framed by Income Tax Officer.
- To file appeal and stay, before Appellate Authorities.
- To prepare written submissions /Paper book to be filed before Appellate Authorities.
- To attend appellate proceedings on behalf of the clients.
- To take necessary action for settlement of outstanding demand against the client.
- To file application for recovery of old tax refund due to the assessee.
Tax Representations
We undertake tax representations on behalf of various tax entities such as individual, partnership firm , AOP, Trust, Society, Company and Limited Liability Partnership before the Revenue authorities for Tax Assessments, & Tax appellate Proceedings including Transfer Pricing matters.
Other Miscellaneous Services
- To obtain Permanent Account Number
- Tax Deduction Account Number
- Residency Certificate
- No TDS/ Lower Deduction TDS Certificate
- Registration of the Trust/NGO u/s 12A & 80-G of Income Tax Act.
- Services related to TDS/Withholding Tax.
- Filing of e-ITR /e-TDS Return