Income Tax Services

Income Tax Returns (ITR) must be filed annually by individuals and businesses to report their income, expenses, and taxes paid. Filing ITR ensures compliance with tax laws and helps avoid penalties. An Income Tax Audit is required for businesses with a specified turnover, ensuring accurate reporting and transparency in financial records.

Filing Income Tax Returns (ITR)
- Mandatory for individuals and businesses to report annual income, deductions, and taxes paid.
- Helps in tax compliance and avoids penalties for non-filing.
- Ensures transparency and can be used for loan applications or visa processes.
TDS Compliance and Tax Audits
- Tax Deducted at Source (TDS) must be deducted by businesses and individuals as per tax laws.
- Timely deposit and filing of TDS returns is crucial to avoid penalties.
- Tax audits ensure the accuracy of financial records and adherence to tax laws for businesses with a specified turnover.
Tax Planning and Advisory
- Involves strategies to minimize tax liabilities through legal deductions and exemptions.
- Professional advice helps individuals and businesses optimize their tax savings.
- Ensures compliance while maximizing tax benefits for long-term financial growth.