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Tax Compliance and Consultancy

Direct Taxes

Tax Audit

Guidance and support for conducting Tax Audits as per Section 44AB of the Income Tax Act, including:

  • Compliance with audit requirements for businesses meeting specified turnover criteria
  • Verification of tax liabilities and deductions
  • Filing of tax audit report in form 3CA/3CB and 3CD

Tax Management/Compliance

Tax management and compliance are fundamental aspects of modern business operations, encompassing the responsibilities of tax filings and payments.

  • Filing of income tax returns
  • Filing of TDS/TCS returns
  • Compliances related to advance tax

Tax Representation

Services include:

  • Scrutiny Assessment (U/S 143(3)): Examination of income return to verify declared income and expenses.
  • Rectification (U/S 154): Correcting errors in orders.
  • Appeals (U/S 246A and 253): Seeking review of lower authority decisions.
  • Revision (U/S 263 & 264): CIT/Pr. CIT rectify prejudicial orders or assessee seeks alternative to appeal.
  • Representation in tax matters, appeals, advance rulings, and compliance filings.
  • Appearing before the Income Tax Appellate Tribunal (ITAT)
  • Negotiating with tax officials for favorable outcomes

Transfer Pricing

Transfer pricing involves determining fair charges between related parties for goods, services, or property.

  • Compliance with Sections 92 to 92F of the Income-tax Act 1961
  • Documentation follows Rule 10D of the Income-tax Act
  • Submission of FORM 3CEB certified by a chartered accountant before the income tax due date
  • Penalties for non-compliance

Tax Advisory & Opinion

Services include:

  • Structuring transactions or arrangements to minimize tax burdens within legal boundaries.
  • Offering opinions on domestic taxation matters, such as interpreting provisions and regulations.
  • Providing guidance on international tax implications and compliance.
  • Assisting in tax planning strategies to optimize financial outcomes while ensuring regulatory compliance.

International Taxation

Services include:

  • Guidance on tax implications of international transactions and operations
  • Assistance in transfer pricing strategies to ensure compliance with arm’s length principle and international tax regulations
  • Conducting tax risk assessments to identify potential tax exposures and develop risk mitigation strategies

Indirect Taxes (WP)

GST Compliance

Our services include:

  • GST registration
  • Monthly GST return filing
  • Final return and annual return filing
  • Submission of letters of undertaking
  • Filing of all necessary forms and declarations as per GST law on the GST common portal.

GST Audit

Services include:

  • Filing and preparation of annual returns
  • Preparation of reconciliation statements in compliance with GST Law
  • Audit of books of accounts
  • Certification of reconciliation statements
  • Submission of reconciliation statements in Form-GSTR-9C
  • Offering resolutions for encountered errors

GST Representation & Litigation

Services offered:

  • Representation before GST authority for assessment, search and seizure, summons, and notices.
  • Representation before the Appellate Authority for appeals against GST officer orders.
  • Representation before the Appellate Authority for revision requests against GST officer orders.

Advance Ruling

Services provided:

  • Assistance with filing the application.
  • Guidance on preparing necessary documentation.
  • Analysis of each transaction to determine the need for applying to the authority.
  • Representation of the applicant before the authority.

Refund GST Advisory & Opinion

Our services include:

  • Filing online refund applications
  • System suggestions for documentation generation
  • Assistance in gathering supporting documents
  • Reconciliation of claimed and actual Input Tax Credit
  • Continuous follow-up with authorities

GST Advisory & Opinions

Services cover:

  • Transaction and M&A opinions
  • Optimal ITC utilization
  • Value-added solutions
  • Compliance with GST provisions
  • Analysis of client-specific GST issues
  • GST advice for startups

© 2024 Tax Compliance and Consultancy. All rights reserved.

Visit Us

RZ-1, 2nd Floor, Rithala, Rohini, Delhi, 110085
India
Tel: +91-9899108681
Email: abhijeet@medesha.com

WORKING HOURS

Monday – Friday
09:00 am – 09:00 pm
Saturday – Sunday – Closed

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