DIRECT TAXATION

The government of India imposes an income tax on taxable income of individuals, Hindu Undivided Families (HUFs), companies, firms, co-operative societies and trusts (identified as body of individuals and association of persons) and any other artificial person. Levy of tax is separate on each of the persons. The levy is governed by the Indian Income Tax Act, 1961. The Indian Income Tax Department is governed by the Central Board for Direct Taxes (CBDT) and is part of the Department of Revenue under the Ministry of Finance, Govt. of India.
The firm formulates effective tax strategies resulting in efficient tax planning, in compliance with the Income Tax Laws.
The direct tax services are offered to wide range of persons being:
  • Public and Private Companies.
  • Partnership firms.
  • High Net worth Individuals-resident & non-resident.
  • Hindu Undivided Families, Association of Persons and Body of Individuals.
  • Co-operative societies
    • The assignments include:
  		•  Corporate and personal tax compliance including Income-tax assessments, Appeals before the Commissioner (Appeals) and the Income-tax Appellate Tribunal
  		• Tax Planning
  		• Filing of Income Tax Returns
  		• Filing of TDS Returns
  		• Formation of Trusts
  		• Succession Planning
  		• Personal Financial Planning
  		• Drafting of Wills

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