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Filing income tax returns is a legal obligation for all individuals and businesses in India. Failure to file returns can result in penalties and fines. Filing income tax returns is a way to demonstrate compliance with the tax laws of the country.
TDS means Tax Deducted at Source. It is the amount deducted from payments of various kinds such as salary, contract payment, commission etc. This deducted amount can be adjusted against the tax due of the deductee.
GST return is a document that will contain all the details of your sales, purchases, tax collected on sales (output tax), and tax paid on purchases (input tax). Once you file GST returns, you will need to pay the resulting tax liability (money that you owe the government).
An Audit Consultant performs basic operational and financial audits, internal control reviews, and consulting project. The position may work independently on projects or assist senior auditors with components of more complex audits.
In the simplest of terms, bookkeeping is responsible for the recording of financial transactions whereas accounting is responsible for interpreting, classifying, analyzing, reporting, and summarizing the financial data. Bookkeeping and accounting may appear to be the same profession to an untrained eye.
Our firm works with experts in the field of finance and has advised many businesses to assist them in making informed financial decisions. Following services are provided: Financial Consulting Project Finance Wealth Management Personal Finance
We advise Companies having commercials transactions with its international associate enterprises for tax planning, Calculation of Arm�s Length Pricing, Determination of Most Appropriate Method, document maintenance and services related to Advance Pricing Agreements.
Tax Litigation refers to the initiation of legal proceedings regarding disputes arising due to the non-compliance of tax laws. Tax litigation can be a time-consuming process due to the complexities of the taxation procedure and the delays in the appellate process.
LLP is an alternative corporate business form that gives the benefits of limited liability of a company and the flexibility of a partnership. The LLP can continue its existence irrespective of changes in partners. It is capable of entering into contracts and holding property in its own name.
Corporate law compliance is the process by which a company guarantees that it is adhering to all applicable laws and regulations. This generally entails the development, implementation, and oversight of policies, training, procedures, and practises.
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