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Tax Advisory / Planning

Overview

In today’s fast-evolving regulatory environment, effective tax planning isn’t optional—it’s essential. Whether you’re an individual taxpayer, a startup, or an established enterprise, smart tax strategies help you stay compliant, reduce liabilities, and improve financial efficiency.

Our Tax Advisory and Planning Services are tailored to your financial goals and business model. We help you navigate the complexities of Income Tax, TDS, GST, International Taxation, Capital Gains, and more, ensuring you always stay one step ahead.

Why Tax Planning Is Crucial?

Tax planning isn’t about avoiding tax—it’s about managing tax legally and efficiently. Proper tax advisory:

  • Minimizes tax burden within the legal framework

  • Optimizes deductions, exemptions, and rebates

  • Improves cash flow and profit margins

  • Ensures better long-term wealth creation

  • Prevents legal risks and notices from tax authorities

Our Tax Advisory Services Cover

1. Income Tax Planning (Individuals & Corporates)

 

We analyze your income sources, investment portfolio, and business structure to suggest the most tax-efficient solutions—whether under the Old Regime or the New Tax Regime (Section 115BAC).

Our planning covers:

  • Salary structure optimization

  • HRA, LTA, and standard deduction strategies

  • Tax-saving investments under Section 80C to 80U

  • Capital gains and loss adjustments

  • Clubbing of income and set-off provisions

2. Corporate Tax Planning

 

We help businesses structure their operations to take full advantage of:

  • Presumptive taxation schemes (44AD, 44ADA, etc.)

  • Depreciation benefits

  • Business restructuring

  • Deductions under sections like 35, 80JJAA, 80G, etc.

  • Transfer pricing and MAT/AMT optimization

3. TDS & Withholding Tax Advisory

 

Incorrect TDS can lead to penalties and disallowance of expenses. We guide you on:

  • Correct TDS sections and rates

  • Cross-border payments and DTAA implications

  • TDS on property transactions (26QB)

  • TDS return filing and Form 16/16A compliance

4. Capital Gains Tax Planning

 

Incorrect TDS can lead to penalties and disallowance of expenses. We guide you on:

  • Correct TDS sections and rates

  • Cross-border payments and DTAA implications

  • TDS on property transactions (26QB)

  • TDS return filing and Form 16/16A compliance

5. International Tax and NRIs

 

We handle complex cross-border tax matters such as:

  • Residential status determination

  • Double Taxation Avoidance Agreements (DTAA)

  • NRI investments, income repatriation, and capital gains

  • Foreign Tax Credit (FTC) claims

6. Year-End Tax Review & Filing Support

 

Our experts perform pre-year-end tax health checks to ensure:

  • Proper tax-saving investments are made on time

  • Advance tax liability is accurately estimated

  • All deductions and rebates are fully utilized

  • Income Tax Return (ITR) is filed with 100% accuracy

Key Timelines & Compliance Alerts

Compliance Due Date
Advance Tax (Quarterly)
15th June, Sep, Dec, Mar
Tax Audit (Form 3CD)
30th September
Income Tax Return (Non-Audit Cases)
31st July
Income Tax Return (Audit Cases)
31st October
TDS Return Filing (Quarterly)
31st Jan/May/July/Oct
Form 16 & 16A Issuance
15th June/30th May

Frequently Asked Questions

What is the Income Tax Act, 1961?
    • It is the comprehensive statute that governs the levy, administration, collection, and recovery of income tax in India.

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Who is liable to pay income tax in India?

Individuals, Hindu Undivided Families (HUFs), companies, firms, LLPs, associations of persons, bodies of individuals, local authorities, and any other artificial juridical persons are liable to pay tax if they have taxable income.

What is the assessment year and previous year?

The assessment year is the year following the financial year in which income is assessed to tax. The previous year is the financial year in which income is earned.

How is residential status determined for tax purposes?

Residential status is determined based on the individual’s physical presence in India during the financial year and the preceding years, as specified in the Act.

What are the different heads of income under the Act?

Income is categorized into:

  1. Salaries
  2. Income from House Property
  3. Profits and Gains of Business or Profession
  4. Capital Gains
  5. Income from Other Sources
Are agricultural incomes taxable?

Agricultural income is exempt from tax, but it is considered for rate purposes when computing tax on non-agricultural income.

What is the rebate under Section 87A?

It provides a rebate on tax payable for individuals with income below a certain threshold, effectively reducing their tax liability.

What is Form 16?

It is a certificate issued by employers detailing the salary paid and tax deducted at source (TDS) on it.

What is Advance Tax?

It is the income tax payable if your tax liability exceeds a certain amount, to be paid in installments during the financial year.

What is Tax Deducted at Source (TDS)?

It is a means of collecting tax at the source from where an individual’s income is generated.

How can one verify their income tax return?

Returns can be verified electronically using Aadhaar OTP, net banking, or by sending a signed physical copy to CPC Bangalore.

Is it necessary for an HUF to file an income tax return?

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