
GST & Income Tax Company Act Services
What We Do:
GST Compliance:
- Ensures timely filing of GST returns (GSTR-1, GSTR-3B, etc.).
- Helps in claiming input tax credits and avoiding penalties.
- Guides on proper classification of goods/services for correct tax rates.
- Assists in managing GST refunds and audits.
- Provides support during GST inspections or inquiries by authorities.
Income Tax Services:
- Helps with filing accurate income tax returns (ITR) for individuals and businesses.
- Advises on tax-saving strategies, including deductions and exemptions.
- Assists in responding to income tax notices and handling audits.
- Provides guidance on advance tax payments and avoiding penalties.
- Supports with tax planning for minimizing liabilities under legal frameworks.
Company Act Compliance:
- Ensures proper maintenance of statutory registers and records.
- Helps in drafting and filing necessary documents with the Registrar of Companies (RoC).
- Assists with annual filings like financial statements and the Director’s report.
- Advises on corporate governance and regulatory compliance.
- Guides on mergers, acquisitions, and restructuring under the Companies Act.
Tax and Legal Advisory for Business Decisions:
- Provides strategic advice on how taxation laws impact business transactions.
- Helps in planning corporate structures to optimize tax efficiency.
- Guides on legal implications of business expansions, mergers, or partnerships.
- Advises on dividend distribution, share transfers, and corporate restructuring from a tax perspective.
Why We Required:
Compliance with Complex Laws: GST, Income Tax, and Company Act regulations are complex and subject to frequent changes. An advisor ensures businesses stay updated and compliant.
Avoid Penalties and Legal Issues: Missing deadlines or filing incorrect returns can lead to penalties, interest charges, or legal complications. Advisors help prevent such issues.
Efficient Tax Planning: Advisors can identify opportunities for tax savings by using available deductions and exemptions, helping businesses minimize their tax burden.
Time and Cost Efficiency: Managing tax filings and legal compliance is time-consuming. An advisor handles these responsibilities, allowing businesses to focus on core activities.
Handling Audits and Notices: An advisor provides professional assistance during tax audits, GST inspections, or when responding to notices from authorities, ensuring proper representation and documentation.
Expertise in Legal Matters: Corporate law is intricate, and an advisor ensures that companies meet all legal requirements, especially during significant events like restructuring, mergers, or acquisitions.
Risk Mitigation: Advisors help businesses identify and manage risks related to tax liabilities, compliance failures, and potential legal challenges.
Business Growth Support: Advisors provide guidance that aligns with the long-term growth and sustainability of businesses, especially in navigating financial and regulatory hurdles…