Tax

Dealing Direct Tax Affairs

  • Preparation of Income Tax Return U/S-75 of Corporate & Individual through Professional Competence.
  • Submission of Quarterly Return U/S-75A.
  • Submission of Salary Statement U/R-108.
  • Collection of supporting & evidential documents & Statement in congruence with return.
  • Computation of total income and tax liability.
  • Computation of tax credit u/s-71 to determine net tax liability.
  • Computation of amount to be paid with return u/s-74
  • Providing all types of guidelines for preventing penalties & Prosecution regarding taxation  in considering with Applicable legal framework
  • 1st Assessment: DCT Level, Commissioner level (for approval).
  • 2nd Assessment – approval (if we are not satisfied for 1st assessment on any legal ground)
  • 3rd Assessment:
  • Appellate Tribunal (if we are not satisfied for 2nd assessment on any legal ground)
  • Developing  grounds of appeal .
  • Arguing appeal – Proper documentation before High Court.
  • Assist in for avoidance in considering Double taxation agreements
  • Calculation of withholding tax under chapter VII section 50-56, Income Tax Ordinance, 1984.
  • Adjustment of withholding tax and TDS and determination of net tax payable considering final settlement u/s -82C, ITO 1984.
  • Providing guidelines for deducting Tax at Source (TDS) in considering Time limitation of deposit of deducted tax to the treasury.
  • Deliver Up-to-date information & Clarification regarding withholding Tax.
  • Verification & Computation of advance tax u/s- 64 and 65, ITO 1984.
  • Ensuring proper Instalments of advance tax.
  • Precise estimation of advance tax.
  • Settlement of outstanding tax liabilities in respect of AIT to avoid penalties u/s- 69 & 70.
  • Adjustment of advance tax payments u/s- 64.
  • Providing guidelines regarding Income fully exempt from tax (6th schedule part-A,)
  • Suggesting for Tax rebate for individual assesses (6th schedule part-B)
  • Guidelines for CSR (Corporate social responsibilities) activities 
  • Dealing all types of Tax affairs regarding Employee Provident Fund & Gratuity Fund.