Direct Taxation & Indirect Taxation Services
Taxation in India is a complex area governed by multiple laws and frequent amendments. Every individual, business, or organization has certain obligations under the Income Tax Act and Goods and Services Tax (GST) law. Managing these obligations requires not just compliance but also timely planning.
As Chartered Accountants, our role is to help taxpayers understand their responsibilities, ensure proper filings, and remain compliant with the law.
Direct Taxation (Income Tax)
Direct taxes are levied directly on the income of individuals and entities. Under the Income Tax Act, 1961, various categories of taxpayers—such as individuals, HUFs, firms, LLPs, and companies—are required to file their returns and discharge tax liabilities.
Our services in this area include:
- Income Tax Return Filing for individuals, salaried employees, professionals, and businesses.
- Tax Computation & Compliance as per old and new tax regimes.
- Capital Gains Taxation on sale of property, securities, and other assets.
- TDS & Advance Tax Compliance.
- Corporate Tax Filings for companies and LLPs.
- Representation before Tax Authorities in case of notices, assessments, or appeals.
The objective is to ensure accurate reporting, lawful tax planning, and full compliance with the Income Tax Act.
Indirect Taxation (GST)
The Goods and Services Tax (GST) is a comprehensive indirect tax that subsumes multiple levies such as VAT, excise, and service tax. GST law requires regular filings, accurate record-keeping, and proper claim of Input Tax Credit (ITC).
Our services under GST include:
- GST Registration for businesses, professionals, and service providers.
- Periodic Return Filing (GSTR-1, GSTR-3B, annual returns, etc.).
- Input Tax Credit Reconciliation with GSTR-2B and books of accounts.
- GST Audit and Certification (where applicable).
- Reply to Departmental Notices and representation before authorities.
- Advisory on GST implications for specific transactions such as exports, imports, e-commerce, and digital services.
The aim is to help businesses stay compliant and avoid penalties, while making the most of the benefits available under the GST framework.
Importance of Professional Support
Taxation is not only about filing returns but also about:
- Correct interpretation of laws, notifications, and circulars.
- Timely compliance to avoid interest and penalties.
- Proper structuring of transactions to remain tax efficient.
- Representing the taxpayer in case of scrutiny or litigation.
Engaging a professional Chartered Accountant ensures that compliance is accurate, up-to-date, and aligned with the legal requirements.
Both Direct and Indirect Taxation form an integral part of every business and individual’s financial responsibilities. With continuous changes in law, professional assistance becomes essential. Our role is to guide taxpayers through these obligations in a structured, compliant, and transparent manner.