Income Tax Compliances

  • Home
  • Income Tax Compliances

It’s important to understand that non-compliance with income tax laws can lead to serious consequences such as fines, penalties, and legal issues. On the other hand, by complying with income tax regulations, businesses can avoid these issues and provide a sense of security and peace of mind for business owners, as well as helping to build credibility and trust with stakeholders such as investors, lenders, and customers. We provide the following services:

Image
  • PAN Application / Correction: Guide to apply for new PAN and correction in existing PAN.
  • Computation and preparation of Tax Challan: Computation of Taxable Income for the year and ensuring timely payment of income tax liability based on the applicable tax rates and rules, including advance tax payments, self-assessment tax.
  • Filing Income Tax Returns: We help Individuals, businesses, and other entities to file their income tax returns within the specified due dates, disclosing their income, deductions, and taxes paid.
  • Maintenance of Books of Accounts: Maintaining proper books of accounts, including records of income, expenses, assets, liabilities, and financial transactions, in accordance with the accounting standards and income tax regulations.
  • Audit and Assessment: Guide for undergoing tax audits or assessments when required by the tax authorities, providing necessary information, supporting documents, and cooperating during the process.
  • Tax Exemptions and Deductions: Properly claiming tax exemptions, deductions, and credits available under the income tax laws, supported by the required documentation and adherence to specific conditions.
  • Transfer Pricing Compliance: For entities engaged in international transactions, complying with transfer pricing regulations, which govern the determination of arm's length prices for intercompany transactions.
  • Tax Record Keeping: Maintaining adequate records and documents related to income, expenses, investments, deductions, tax payments, and filings, as they may be required for scrutiny by tax authorities.
  • Responding to Notices and Queries: Promptly responding to tax notices, inquiries, or demands for information from tax authorities, providing accurate and complete details as requested.

We provide support even after filing IT Returns till completion of assessment.

Make Appointment

Needs Professional Consulting Services Please Contact Us

30 mins free consultant service

Image

Copyright © 2024 Aadhiraya. All Rights Reserved.

Developed by Azero Tech