Income tax law in India requires corporates and non- corporates having total sales, turnover or gross receipts of Rs.1 Crore or more to get their accounts audited under Section 44 AB. Our expert tax advisory team also provides solutions on availing possible tax benefits and tax shelters as per the provisions of the Income Tax Act. The core value of the corporate tax services revolves around optimization of tax benefits to the entity as well as the society.
Income tax law in India requires assessees having total sales, turnover or gross receipts in business of more than Rs.1 Crore and individual professionals having gross receipts in profession in excess of Rs. 25 lakhs to get their accounts audited under Sec 44 AB. Our expert tax advisory team also provides solutions on availing possible tax benefits and tax shelters as per the provisions of the Income Tax Act.
The various services covered by our corporate tax team, includes:
NGO's operate under a different system which requires specialized domain expertise to handle. With a large amount of social activities inflow of contributions and government involvement, NGOs are a special set of Clientele for us.
With over two decades of domain expertise, we bring in whole range of services including:
India has an unique system of Indirect taxes applying across various industries. Indirect taxes such as Excise duty for concerns involved in the manufacture of goods, Customs duty on import of Capital goods or other merchandise, VAT on sale of goods and service tax on select services has been the major areas of interest concerning the industries and the common public. Many of the provisions of these tax regulations have a high degree of technicality on practical applications.
Our clients are supported right from the initial identification of the applicability of these laws and their implementation.
The bouquet of services offered by us includes:
Every Indian & Foreign entity is bound by the Indian legal laws and accountability for their transactions done in India. The Indian legal system under various Statues has prescribed mandatory audit of the accounts of the entities operating in India.
With a wide knowledge base on various industries, our firm has been one of the pioneer service providers on the Audit and Assurance services arena. Our firm has a wide clientele base which includes initial startup companies in the Indian bourses.
Following are the few statutory Audit and Assurance functions handled by our firm: