1. Income Tax Return Filing Services
What is Income Tax Return Filing?
Income Tax Return (ITR) Filing is the annual reporting of income, deductions and tax liability to the Income Tax Department.
It includes proper reporting of:
- Salary income
- Business or professional income
- Capital gains
- Rental income
- Other sources of income
Accurate filing ensures compliance, refund eligibility and financial credibility.
How Income Tax Return Filing Helps You
- Ensures legal compliance
- Avoids penalties and notices
- Enables tax refunds
- Supports loan and visa applications
- Maintains proper financial record
Who Should Opt?
- Salaried individuals
- Professionals and freelancers
- Business owners
- Investors earning capital gains
- NRIs with taxable income in India
FAQs
1. What is the due date for ITR filing?
Subject to notifications,
Due date for Salaried/Non-Audit Individual Taxpayers is 31st July. Due date for Non-Audit Business/Professional Taxpayers is 31st August.
Due date for Taxpayers required to have accounts audited (and furnish tax audit reports) is 31st October 2026
Due date for Cases requiring TP audit reports under section 92E is 30th November 2026
2. Is ITR filing mandatory if income is below taxable limit?
Not mandatory in most cases, but beneficial in certain scenarios.
3. Can I claim refund if excess tax is deducted?
Yes, through proper return filing.
4. What documents are required?
As per the type of taxpayer and source of income, the list of documents varies for return filing.
5. Can late filing attract penalty?
Yes, late filing fees and interest may apply.
2. Capital Gains Advisory Services
What is Capital Gains Advisory?
Capital Gains Advisory involves structured planning and compliance related to profit earned from sale of:
- Immovable property
- Shares and securities
- Mutual funds
- Business assets
It includes classification of:
- Short-term capital gains (STCG)
- Long-term capital gains (LTCG)
and identification of exemptions and reinvestment options.
How Capital Gains Advisory Helps
- Accurate tax calculation
- Identification of exemption options (subject to law)
- Planning reinvestment to reduce tax burden
- Avoiding reporting errors
- Structuring transactions tax-efficiently
Who Should Opt?
- Property sellers
- Investors in stock market
- Business asset disposals
- NRIs selling Indian assets
- Individuals planning reinvestment
FAQs
1. What is the difference between STCG and LTCG?
Based on holding period as defined under Income Tax Act.
2. Can capital gains tax be saved legally?
Yes, through eligible exemptions and reinvestment provisions.
3. Is indexation benefit available?
Available in specified cases under current law.
4. Is TDS applicable on property sale?
Yes, subject to transaction value thresholds.
5. Do capital gains need separate reporting?
Yes, detailed disclosure is required in ITR.
3. Business Return Filing Services
What is Business Return Filing?
Business Return Filing involves reporting income, expenses and tax liability for:
- Proprietorship firms
- Partnership firms
- LLPs
- Companies
- Professionals
It includes computation of:
- Profit and loss
- Depreciation
- Allowable expenses
- Tax liability
- Advance tax adjustments
How Business Return Filing Helps
- Ensures statutory compliance
- Reduces litigation risk
- Maintains financial discipline
- Supports loan applications
- Builds financial credibility
Who Should Opt?
- Small and medium enterprises
- Professional firms
- Traders and manufacturers
- Startups
- E-commerce businesses
FAQs
1. Is tax audit required for all businesses?
Only if turnover exceeds prescribed limits.
2. What is advance tax?
Tax payable in instalments during the financial year.
3. Can business losses be carried forward?
Yes, subject to timely filing.
4. Is digital record maintenance mandatory?
Proper record keeping is legally required.
5. Can incorrect filing lead to scrutiny?
Yes, inaccurate reporting increases scrutiny risk.
4. Tax Planning Consultation
What is Tax Planning Consultation?
Tax Planning Consultation involves structured advisory to legally minimise tax liability by:
- Analysing income structure
- Reviewing investment options
- Planning deductions
- Structuring salary or business income
- Optimising capital gains
The objective is legal tax efficiency, not tax evasion.
How Tax Planning Helps
- Reduces tax burden legally
- Improves cash flow
- Aligns investments with tax benefits
- Prevents last-minute tax stress
- Supports long-term wealth planning
Who Should Opt?
- High-income individuals
- Business owners
- Salaried professionals
- Investors
- Startup founders
FAQs
1. When should tax planning be done?
Ideally at the beginning of financial year.
2. Is tax planning legal?
Yes, when done within legal framework.
3. Can tax planning reduce advance tax burden?
Yes, through structured projections.
4. Does tax planning include capital gains?
Yes, holistic planning covers all income heads.
5. Is one-time consultation sufficient?
Periodic review is recommended.
5. TDS Advisory Services
What is TDS Advisory?
TDS (Tax Deducted at Source) Advisory involves compliance related to:
- Deduction of tax at applicable rates
- Timely deposit of TDS
- Filing quarterly TDS returns
- Issuance of TDS certificates
It applies to salary payments, contractor payments, rent, professional fees and other specified payments.
How TDS Advisory Helps
- Avoids interest and penalties
- Ensures compliance with Income Tax Act
- Reduces risk of disallowance of expenses
- Maintains vendor confidence
- Prevents notices from department
Who Should Opt?
- Businesses deducting TDS
- Employers paying salary
- Companies making contractor payments
- Organisations making high-value payments
FAQs
1. What happens if TDS is not deducted?
Interest, penalty and disallowance may apply.
2. What is the due date for TDS return filing?
Quarterly as prescribed under law.
3. Can late TDS filing attract penalty?
Yes, late fees and interest are applicable.
4. Is TDS applicable on all payments?
Only on specified transactions.
5. Can TDS errors be corrected?
Yes, through revised return filing.
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