Corporate Tax
Corporate tax planning is to identify the main factors in the organization’s structure that dictate the opportunities for tax efficiencies / savings. Thus, corporate tax planning aims to structure a business in such a way as to minimize both its current and future income tax liabilities. Tax Planning is an activity conducted by the tax payer to reduce the tax liable upon him/her by making maximum use of all available deductions, allowances, exclusions, etc. feasible under law. In other words, it is the analysis of a financial situation from the taxation point of view. The objective behind tax planning is insurance of tax efficiency. Tax planning allows all elements of the financial plan to function in sync to deliver maximum tax efficiency.
Non – Corporate Tax
File your online Income tax return with our experts who having good experience in tax planning and tax saving. E-filing with us is easy, secure and fast. We covers salary income, bank and other interest income, capital gains, house property income, business and professional income. We strictly adhere to the legal guidelines of data privacy, as mandated in the intermediary license.
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, Yearend 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.
Representation Services
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. All tax laws are bound to have uncertainties and possibility of multiple interpretations. These differences may ultimately result into disagreement between taxpayer and department leading to rising of legal proceedings. Handling such differences requires proficiency in domain and experience in dealing with authorities at various levels. We have been able to establish our credibility in handling litigation through ethical practice. Our experience in handling litigations in Income Tax spreads over several years and a huge pillar of strength. W speacilize in appeals and have successfully represented our clients to IT authorities for several cases.
Certification Works
Certificate is an official document which attests a fact. Certificate can be needed to attest any basic fact such as Date of Birth, Marriage, Death etc. or it can be required to attest any critical facts like Medical status of a person, Financial figures, Achievement in any course or training etc. Every section of the society including individuals, partnerships, corporate entities, or business entities has an indispensable need of certification from Chartered Accountants under various statutes, rules, regulations, procedure in India and abroad. This is considered to be one of the most comprehensive and essential services rendered.
Transfer Pricing
Transfer pricing deals with determining markup based on the costs. It is relevant to know the costs incurred by a business enterprise, such as transportation, packing, freight, insurance, and tax or customs charges where applicable. An arrangement of transfer pricing is usually between related enterprises, such as holding and subsidiary companies. The arrangement specifies the transfer price for sale or purchase of goods between the holding and subsidiary companies.
Transfer pricing helps in maintaining a market for the goods manufactured by a subsidiary with steady margins. It also helps in securing a steady supply of raw materials or components to the parent and facilitates continuous production. The prices fixed for transferring goods is generally closer to the fair market price for such goods in the market.
The enterprise was founded by Chartered Accountant Mr. Jothilingam S.
