Today rapid changes in economy leads legislator to bring frequently changes in taxation. Indian economy is growing and domestic as well as overseas people showing interest to do business in India. In recent time tax growth in direct and indirect tax is unprecedented and number of tax payer also increased in many fold. So today Individual and business people need professional tax adviser who do proper advise in respect of their tax issue and do tax compliance in timely basic. We as professional Income Tax Consultant in Mumbai/Navi Mumbai provide all types of Income Tax consultancy and we are best Income Tax Advisor in the region.
We provide following direct tax services
- Income Tax Advisory to Corporate
- Individual Tax Advisory Services
- Certification Services
- Representation Services
- Transfer Pricing
INCOME TAX ADVISORY TO CORPORATE
We provide Income Tax Consultancy to corporate assessee. There are so many complexity in corporate taxation, DTAA , withholding tax , tax on foreign remittance etc. where in some where the provision is difficult to understand as well its implementation so it lead professional tax advisor who convey client requirement. We as professional Income Tax Consultant do understand the corporate client requirement and after proper due diligence provide our tax consultancy.
INDIVIDUAL TAX ADVISORY SERVICES
Individual Tax advisory is important advisory service part of our firm. Today individual tax assessee number has been increased in many fold and every year substantial changes noticed in individual taxation provision and individual assessee need Income Tax Consultant who understand their requirement because they are not much more expert to understand taxation and lots of place where they need professional advice so we as expert provide professional consultancy in respect of Individual Taxation. Following the area where Individual need Professional Income Tax Consultant.
- Calculation of allowance deduction from Salary (Eg. HRA)
- Home loan payment (Principal and Interest deduction)
- Income from House Property calculation and applicable deduction.
- Carry forward of house property loss in subsequent years.
- Capital Gain arises from sales of House Property and provision to save capital gain tax.
- Capital gain on sales of share and security.
- Deduction applicable under section chapter VIA.
- Income from other sources like interest Income from various sources.
- Any other forms other sources like business professional etc.
- Short term and long term capital gain
These all are above impact individual tax and if not do adequate advise and not file proper return after considering all the relevant provision than assesses can get defective return notice U/s. 139(9), may be possible he need to pay extra tax demand or get less income tax refund. It is observe that people have lack of knowledge about some important aspect of individual taxation like capital gain on sale of house property and its exemption u/s 54. So if the money is not in time interval mentioned in section than assessee need to pay heavy tax liability which will definitely impact his financial position so it is always better to take expert advice when enter in property transaction.
REPRESENTATION SERVICES
Representational services includes represent the assessee before various tax authority. Representation required when assessee going through assessment process under various provision of Income Tax Act. Representation before tax authority itself expert Job and need skill and experience. Because he need to represent assessee and also give various question and query raised by tax authority. There are many types of tax assessment where representation is required i.e.
- Summary Assessment U/s. 143(1)
- Scrutiny Assessment U/s. 143(3)
- Best Judgement Assessment U/s. 144
- Reassessment U/s 147
- Block Assessment U/s. 153A
We have team of tax expert who have rich experience to represent the assessee case before tax authority and we successfully closed so many cases in past.
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