Procedure & Submission of ITR for Salaried Individuals
- Collecting the required documents such as form 16, interest certificates .
- Discussing the incomes from all the heads
- Calculating the taxable income and the tax
- Income tax return filing along with its e-verification
- Uploading the status of refund and intimation of 143(1)intimation
Tax Planning for individuals
- Helps individuals to submit their form 15G/ from 15H that will lead to avoiding deduction in TDS.
- Helps individuals to plan own taxes in advance through proper investment and expense structure. .
We offer following services for Businesses
- Analyse the business environment and internal controls.
- Study and examine previous audit reports with previous observations.
- Reconcile the balance sheet.
- Examine the sales and purchase along with the expenses made
- Discuss the drafted audit issues with management.
- Preparing the audit report.
Our Tax advisory services ensures that
- Compliance with all provisions and regulations for income tax.
- We ensure that every form and relevant certificate provided under various sections and rules must be filled and compiled.
- We offer management advice everyday where tax matters
- We act as a licence between the tax department and our clients. And also we intimate all relevant circulars and clarifications issued by the department
- We aim to represent our clients before tax authorities, prepare and submit requests for a tax ruling, and several complaints and appeals on behalf of our clients.
Our approach for conducting Tax Audit
- Business environment and internal controls must be analysed.
- Keeping an eye on previous audit reports to make clear prior audit observations
- Examining and reconciling various tax returns services.
- Obtaining written representations from the management.
- Reconcile the opening and closing balance.
- Drafting the audit observation and finalising the audit report.
Certificates related to Tax
Clients require different certificates for various purposes among different rules & regulations. We issue the following main types of certifications to our clients.
- Net worth certificates needed for the purpose of bank finances, furnishing of bank guarantee and insurance of visa by Embassy.
- Certificates for foreign remittance to be made by residents in India to a foreign entity outside India u/s 195 of the Income Tax Act, 1961.
- Utilisation certificates of various grants being discharged by govt. Of India to NGOs, statutory Bodies, Autonomous Bodies and charitable organisations.
- Certificates under various rules & regulations
