INCOME TAX

INCOME TAX

INCOME TAX

INCOME TAX

What Is Income Tax?

The term “income tax” refers to a type of tax governments impose on income businesses and individuals within their jurisdiction generate. By law, taxpayers must file an income tax return annually to determine their tax obligations.

Income taxes are a source of revenue for governments. They are used to fund public services, pay government obligations, and provide goods for citizens. In addition to the federal government, many states and local jurisdictions also levy income taxes.

  • Income Tax Planning
  • Return Filing
  • Managing related compliance
  • Advisory Services
  • Services for Scrutiny Assessment, Reply to Notices, Filing Appeals
  • Managing Search- Seizure, Survey and Raid Matters up to Settlement Commission
  • Advice on all matters related to compliance of TDS/TCS provisions
  • Obtaining Tax Deduction Account Number (TAN)
  • Periodic review of TDS/ Withholding Tax compliance
  • Computation of monthly TDS
  • Monthly reconciliation of TDS due and deposited
  • Monthly deposit of TDS electronically/manually
  • Issue of monthly/annual TDS certificates
  • Filing of quarterly E-TDS/Manual Returns
  • Filing of Correction Statements
  • TDS assessment

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