Direct Tax Compliance
Direct tax compliance involves adhering to tax laws that require individuals and businesses to report their income and pay taxes directly to the government. This process ensures accurate tax filing, timely payments, and proper documentation to avoid legal penalties. Effective compliance contributes to the integrity of the tax system and supports public services.
Direct tax compliance is the cornerstone of a fair and functional tax system, ensuring that individuals and businesses contribute their fair share to the nation's development and prosperity.
1. Income Tax Return (ITR) Filing - Preparing and filing income tax returns for individuals, firms, and corporations. 2. Tax Deducted at Source (TDS) Compliance - Filing TDS returns, issuing TDS certificates, and ensuring timely deduction and deposit of TDS. 3. Advance Tax Compliance - Calculating and advising on the payment of advance tax installments. 4. Tax Audits - Conducting tax audits as per Section 44AB of the Income Tax Act and filing the relevant audit reports. 5. Transfer Pricing Compliance - Documentation and compliance related to transfer pricing regulations for related party transactions. 6. Withholding Tax Compliance - Advising on and ensuring compliance with withholding tax requirements on domestic and international payments. 7. Corporate Tax Compliance - Ensuring compliance with corporate tax regulations, including filing of corporate tax returns and advising on tax planning.
Indirect Tax Compliance
1. Goods and Services Tax (GST) Compliance - Registration under GST, filing GST returns, managing input tax credits, and ensuring compliance with GST laws. 2. Customs Duty Compliance - Advising on and ensuring compliance with customs duty regulations for imports and exports. 3. Excise Duty Compliance - Filing excise returns and ensuring compliance with excise duty regulations (where applicable). 4. Value Added Tax (VAT) Compliance - Filing VAT returns and ensuring compliance with VAT regulations (applicable in certain jurisdictions).
Other Statutory Compliance
1. Professional Tax Compliance - Registration, filing returns, and ensuring compliance with professional tax regulations. 2. Employee Provident Fund (EPF) Compliance - Registration, filing returns, and ensuring compliance with EPF regulations. 3. Employee State Insurance (ESI) Compliance - Registration, filing returns, and ensuring compliance with ESI regulations. 4. Labor Law Compliance - Ensuring compliance with various labor laws, including minimum wages, gratuity, and other employment regulations. 5. Registrar of Companies (RoC) Compliance - Filing annual returns, financial statements, and other necessary documents with the RoC. 6. Foreign Exchange Management Act (FEMA) Compliance - Advising on and ensuring compliance with FEMA regulations for cross-border transactions. 7. SEBI Compliance - Ensuring compliance with Securities and Exchange Board of India regulations for listed companies.
Documentation and Advisory Services
1. Tax Planning and Advisory - Providing strategic advice on tax planning to minimize tax liabilities and ensure compliance. 2. Representation before Tax Authorities - Representing clients in tax assessments, appeals, and litigations before tax authorities and tribunals. 3. Tax Compliance Reviews - Conducting periodic reviews to ensure ongoing compliance with tax laws and regulations. 4. Due Diligence - Conducting tax due diligence for mergers, acquisitions, and other corporate transactions. 5. Regulatory Filings - Ensuring timely and accurate filing of various statutory forms and documents required under different regulations.
Digital Compliance
1. E-filing and E-invoicing - Managing e-filing of returns and e-invoicing requirements as mandated by tax authorities. 2. Digital Signature Certificates (DSC) - Issuance and management of DSCs required for electronic filings and transactions.