Tax Consultancy Highlights Income tax return filling Services CA Consultancy Tax planning TDS/TCS return filling Sales tax return filling Service tax return filling _______________________________________________________________________________________________________ We are a team of tax consultants, advocates, Financial advisors offering Business Taxation Services to the manufacturers, Traders, Dealers and service providers of the industry. Our services are sought for various commercial, legal and taxation complications. Method of Approach Understanding the client requirement. Client’s Business Model and organizational structure. Accounting and internal control System. System of compilation of data. Analyze the record maintained. Determine the coverage. Appraise present status of compliance of law. Defining Scope of Our Services. Our core expertise lies in Service Tax, Income Tax and Sales Tax. You can always seek our services for Advisory, consultancy and opinions regarding taxing matter. Income tax Consultancy We Provide PAN Card, Filing of Income tax, TDS Returns, Consultancy on Income Tax Matters, Tax Refunds, Tax Planning & Savings, Maintenance of Income Tax Records, Liaisoning with Income Tax Authorities, Tax deduction account numbers. Direct Tax Consultancy Taxation is an extremely complex subject and needs professional skill of the highest order and the consultant has to keep track of frequent changes and modifications made in the Income tax rules from time to time to be able to guide aptly in tax planning, documentation and represent the cases skillfully. Even a minor lapse can cost tons of money to an assessee. So we offer pragmatic solutions to manage the affairs in the most tax efficient manner. We have an aptitude for providing expert advice in tax planning. Our tax consultancy service include income tax planning, Fringe benefit tax consultancy , Indian direct tax consultancy to corporate sectors, individuals , Firms and NRIs. Tax Compliances Preparation and filing of various statutory returns and documents with the revenue authorities periodically. A plethora of paper work is involved in filing numerous tax returns on quarterly, half – yearly and yearly basis. It is always a very complicated and lengthy process to be complied with punctually and regularly. Failure of compliance attracts heavy penalties and even prosecution in certain cases. An elaborate data has to be procured from account books of the firm/ company to fill in the returns entailing huge amount of labour and knowledge . Tax Assistance We take a holistic view, combining industry insight with the technical skills of financial and tax professionals, economists, lawyers and our other in-house resources as necessary, to develop comprehensive integrated solutions. Our tax services include: Getting Permanent Account Number (PAN) Filing of Income Tax Returns E-filing of TDS Returns Consultancy on Income Tax Matters Faster process of Income Tax Refunds Consultancy on Tax Planning & Savings Maintenance of Income Tax Records Liaison with Income Tax Authorities Tax deduction account numbers Services related to withholding taxes. Tax Rate At Present the effective rate is 15.00%. We Provide the following services:- 1 Service Tax Registration 2 Consultancy on Services and applicability of Service tax Act 3 Filing of Service Tax return in ST-3 4 Consultancy on deposit of monthly service tax 5 Provide consultancies to both corporate as well to individuals. 6 Maintenance of Service Tax Records. 7 Liaisoning with respective Authority. Service Tax in Detail Service Tax is levied on the notified services. It is a union levy administered by the Central Excise Department and governed by Chapter V of Finance Act, 1994 (the Act) as amended from time to time. The rate of service tax till 9 September, 2004 was 8 per cent and from 10 September, 2004, it was increased to 10 per cent. Education cess at 2 per cent is levied on service tax amount from 10 September, 2004. The effective rate of service tax works out to 10.2 per cent. Service tax is charged on the gross value of services and is generally payable on receipt basis. It is an indirect tax – it is payable by the service provider but it is ordinarily recovered from the recipient of services. The law requires separate mention of service tax amount in the invoices. Registration Requirement Any person who provides taxable service to get himself registered with the central excise department within 30 days from the date of commencement of providing of taxable service. Each premises from where taxable service or services is provided to be registered but common registration may be permissible for all premises from where taxable services are provided. Taxable service provider should apply for registration to superintendent of central excise in the application form ST-1 along with follow documents » Address proof of premises (Election I- card, Ration card, Telephone bill, Permanent Account Number) » Incase of company memorandum and articles of association also required to be attached. Note: Penalty for Non Registration with in 30 days from the date of commencement of providing services is Rs1000/- Sales Tax/VAT Consultancy We provide consultancy in Registration under Delhi VAT Act, Registration under CST Act, Online Filing of Returns, Rate of Tax under Delhi VAT Act , Consultancy of deposit of VAT, Consultancies on VAT and CST Act, Taxability of Sale of fixed assets, Objections, appeals. Services we Offer: Registration under VAT Act. Registration under CST Act Online Filing of Returns. Rate of Tax under VAT Act. Consultancy of deposit of VAT Consultancies on VAT and CST Act Taxability of Sale of fixed assets. Objections, appeals , revisions, rectification of order. Amendments in registration Certificates. Consultancies on preparation of records as per VAT Act Refund of tax. Central Sales Tax. Assessment of Firms. Value Added Tax in Detail India does not have a classic Value-Added Tax (VAT) structure. Instead, separate tax on sale of goods and on rendering of services is imposed under different legislations. Sale and purchase of goods is subjected to charge of sales tax. Sales tax is levied under Central and State Sales Tax legislations depending upon the movement of goods in pursuance of a sale transaction. If the transaction involves movement of goods from one state to another (inter-state), the tax is levied under Tax Act (CST), 1956. From 1 April 2005, 21 states of India have replaced local sales tax with VAT. The rest of the states are still continuing to impose sales tax. The VAT, as introduced by 21 states, is not much different from local sales tax regime except that it captures value addition at each level of distribution network. The State VAT, as introduced by the states, continues to be a tax on sale of goods and does not include taxation of services. The standard rate of VAT is 12.5 per cent and there is reduced rate of 4 per cent. Besides that, there are exemptions and rate of 1 per cent and 20 percent for specified products. In addition to sales tax, some states also levy additional tax / surcharge, turnover tax or entry tax. Sales tax / state VAT is payable by the seller to the government. Ordinarily, sales tax / state VAT is recovered from the buyer as a part of consideration for sale of goods. Highlights Income tax return filling in just Rs. 159/- onwards CA Consultancy at just Rs. 299/- onwards Tax planning at just Rs. 399/- onwards TDS/TCS return filling at just Rs. 1199/- per quarter Sales tax return filling in just Rs. 1499/- per quarter Service tax return filling in just Rs. 1499/- per half year