Income Tax Consultants in Gurugram

An Income tax Return is a statement of Income earned to calculate tax liability and payment or refund of taxes to the government. Thus the purpose of filing the return is to report our income and taxes paid there on to the government. Its is mandatory for individuals, NRIs, partnership firms, LLPs, Companies, Trust to file income tax returns each year. Income tax return form can be e-filed or manually filed. Legal Suvidha Providers can help you file income tax returns.

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We are proud to offer credible Income Tax Service as part of our Direct Tax Service. Our Income Tax Service is high praised by our clients for the ease and efficiency with which we offer them. Other details of the service are listed below : Indian Income Tax has categorized the assesses into the following status : IndividualHindu Undivided FamilyCompanyAssociation Of PersonsBody Of IndividualsFirmsCo-operative Societies The tax rates under Income Tax Act are different for each type of the assesses mentioned above. In India the financial year runs from 1st April to 31st March. Further more Indian revenue authorities follow a residence based taxation system under each category. Broadly, taxpayers may be classified as residents or non-residents. Individual taxpayers may also be classified as 'residents but not ordinary residents'. �Domestic company� means a company which in respect of its income liable to tax under the Income Tax Act, has made prescribed arrangement for the declaration and payment of dividends in India in accordance with section 194. Any other company would be a �foreign company�. Heads of Income : The income of an assesse is divided into the five under mentioned categories : SalariesIncome from house propertyProfits and gains from business or professionCapital gainsIncome from other sources Note : At AVC we offer to provide the under mentioned services : Corporate Taxation ConsultancyIndividual Taxation ConsultancyNGO Taxation ConsultancyInteraction with Revenue authorities on behalf of our client

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Consultancy on various intricate matters pertaining to Income tax. Effective tax management, tax structuring and advisory services. Tax Planning for Corporates and others. Designing restructuring salary structure to minimise tax burden. Obtaining Advance tax Rulings. Obtaining No Objection Certificates from Income tax department. Obtaining PAN for assessees, employees etc.