Services
We are offering below services
Tax Liability on sale of property
It is a common presumption by many individuals that if any residential property is purchased from the sale of any property, they are not liable to pay any tax. But the presumption is wrong in many instances, and you may be taking a huge risk. There are many conditions attached to claiming exemptions on capital gain and investment of proceeds of sale. While filing of tax return in every such case is mandatory, it is also essential to consult a tax professional and understand the basics as soon as any property or any other asset transaction is made. Time is essence in such cases and therefore timely decision on investment or purchase is a must. We can help you in such cases by proper advise.
Replies to demand notices
We can help you in drafting replies to all the queries raised by the income tax department during the course of scrutiny assessment under section 143(3) or any notices issued under section 148A before reopening the case or against any other notice received from the income tax department. Time is essence while giving replies and therefore assessee must give appropriate replies at relevant time.
E Appeal
Government has introduced e-appeals scheme 2023 and also faceless appeal scheme 2021. The sustainability of your appeal depends upon how best you could justify your actions. It is of utmost importance to quote provisions of the Income Tax Act and rules made thereunder or instructions issued by the Department or judicial pronouncements at various levels on the issue involved. It is wrong to presume that appellate authorities would be aware of the all the latest jurisdictional judgements and its context. It is the duty of appellants to bring all the judgements in their Favor to defend their case in a timely manner.
Training in Direct Tax
Our team of experts are mostly retired government officials having decades of experience in direct tax administration. We can arrange training programs in direct tax administration to the staff involved in accounting and tax administration. We can also help students pursuing both highest degrees in accounts i.e. Chartered Accountants examination or basic level of accounting pursuing commerce degree. Our team of experts are faculties in many regional training institutes of Income Tax Department and Indian Audit and Accounts Department.
Representing assessees in front of Income Tax Officers
Income Tax Act allows retired officers of Indian Audit and Accounts Department having certain basic qualification to represent assessees in various proceedings with Income Tax Department. These proceedings can be related to scrutiny assessment, appeal proceedings, reopening cases, rectification proceedings, etc.
Solution to complicated tax issues and demands
Our professional tax experts can analyze threadbare the issues involved in complicated tax matters and help you find best possible solutions including submission in front of tax officials and drafting detailed replies.
Tax Liability on sale of property
It is a common presumption by many individuals that if any residential property is purchased from the sale of any property, they are not liable to pay any tax. But the presumption is wrong in many instances, and you may be taking a huge risk. There are many conditions attached to claiming exemptions on capital gain and investment of proceeds of sale. While filing of tax return in every such case is mandatory, it is also essential to consult a tax professional and understand the basics as soon as any property or any other asset transaction is made. Time is essence in such cases and therefore timely decision on investment or purchase is a must. We can help you in such cases by proper advise.
Replies to Demand Notices
We can help you in drafting replies to all the queries raised by the income tax department during the course of scrutiny assessment under section 143(3) or any notices issued under section 148A before reopening the case or against any other notice received from the income tax department. Time is essence while giving replies and therefore assessee must give appropriate replies at relevant time.
E Appeal
Government has introduced e-appeals scheme 2023 and also faceless appeal scheme 2021. The sustainability of your appeal depends upon how best you could justify your actions. It is of utmost importance to quote provisions of the Income Tax Act and rules made thereunder or instructions issued by the Department or judicial pronouncements at various levels on the issue involved. It is wrong to presume that appellate authorities would be aware of the all the latest jurisdictional judgements and its context. It is the duty of appellants to bring all the judgements in their Favor to defend their case in a timely manner.
Training in Direct Tax
Our team of experts are mostly retired government officials having decades of experience in direct tax administration. We can arrange training programs in direct tax administration to the staff involved in accounting and tax administration. We can also help students pursuing both highest degrees in accounts i.e. Chartered Accountants examination or basic level of accounting pursuing commerce degree. Our team of experts are faculties in many regional training institutes of Income Tax Department and Indian Audit and Accounts Department.
Representing assessees in front of Income Tax Officers
Income Tax Act allows retired officers of Indian Audit and Accounts Department having certain basic qualification to represent assessees in various proceedings with Income Tax Department. These proceedings can be related to scrutiny assessment, appeal proceedings, reopening cases, rectification proceedings, etc.
Solution to complicated tax issues and demands
Our professional tax experts can analyze threadbare the issues involved in complicated tax matters and help you find best possible solutions including submission in front of tax officials and drafting detailed replies.