🔹 1. Corporate Income Tax Return Filing

• Preparation and filing of Form ITR-6 for companies

• Accurate tax computation as per Income Tax Act

• Inclusion of depreciation, disallowances, carry-forward losses

• MAT/AMT calculations and Form 29B filing

• Reconciliation with audited financials and tax audit reports

• Review of clauses like payments to related parties, TDS compliance

• Guidance on disallowances under various sections (e.g. 40(a)(ia), 43B)

• Ensuring compliance with ICDS (Income Computation and Disclosure Standards)

 

🔹 2. Corporate Tax Advisory

• Strategic year-round tax planning and optimization

• Review of allowable deductions, exemptions, and incentives

• Industry-specific tax treatment (Startups, NBFCs, IT/ITES, etc.)

• Tax advisory on CSR expenditure, ESOPs, capital gains, etc.

 

🔹 3. Advance Tax & TDS Advisory

• Calculation and assistance in timely advance tax payments

• Advisory on TDS applicability, rates, and compliance

• Review of TDS return filings and challans

• Support for Form 15CA/CB in case of foreign remittances

 

🔹 4. MAT Credit & Deferred Tax Accounting

• Computation and tracking of MAT Credit Entitlement

• Advisory on MAT/AMT applicability and utilization

• Assistance in Deferred Tax (DTL/DTA) accounting as per AS 22 / Ind AS 12

 

🔹 5. Representation & Compliance Support

• Drafting and filing replies to income tax notices and scrutiny

• Liaison with tax department during assessments or reassessments

• Assistance in filing appeals before CIT (Appeals) and ITAT

• End-to-end coordination during tax audits and hearings

 

🔹 6. International Transactions & DTAA Advisory

• Advisory on international transactions, foreign income, and DTAA

• Tax implications on royalties, technical services, interest remittances

• Support in claiming Foreign Tax Credit (FTC)

• Evaluation of permanent establishment (PE) exposure

• Transfer pricing structuring and advisory