Income Tax

Income Tax

You can now avoid any tax non-compliance and the associated penalties or notices by consulting with an experienced income tax specialist. With our knowledgeable team of income tax specialists, we can guarantee you the best income tax consulting services in Ahmedabad as a reputable income tax advisor. Services including tax planning, income tax computation, filing tax returns, TDS calculations and return e-filing, representation before tax authorities, and tax consulting are made easier for you by our skilled income tax experts.

Our Tax Compliance Services in Ahmedabad

Personal income tax

We offer tax planning services that guarantee personal financial management, tax savings potential, and the safeguarding of family wealth. With the help of our tax planning services, you may minimize the effects of taxes and accomplish your specific objectives by making well-informed decisions regarding your income and investments. Our group of personal tax advisors assists people with the following computations:

• Allowable deductions from salary
• Income from house property and related deduction
• Long-term and short-term capital gains
• Principal and interest amount deductions related to home loan
• Interest income from various possible sources
• Any other income from other sources
• Deductions applicable under chapter VIA

Tax return filing

Most people dread the annual job of filing their IT returns. You no longer have to be afraid of this when ABJ & Co. is on your side. We provide partnership firms, sole proprietors, and salaried employees the option to electronically file their tax returns. We guarantee that filing IT returns online will be simple and accurate.

We help with the filing of TDS returns in addition to income taxes. TDS is a method the government uses to pre-emptively collect taxes, making it a source of income for the government and a more straightforward and easy way for the assessee to make payments. Accurate TDS return filing is guaranteed by our staff of knowledgeable income tax advisers.

These services include:

• Advance tax calculations
• Self-assessment tax computation
• Online payment of taxes
• Challan status inquiry
• Filing of income tax returns
• Income tax refund services
• Income tax assessment
• Obtaining lower tax deduction certificates
• Filing of e-TDS return services
• PAN/TAN services

Representation before tax authorities

Individuals' submitted returns may be the subject of many inquiries from revenue and appellate authorities. Under several parts of the Income Tax Act, ABJ & Co. assists the individuals in responding to these inquiries posed in the notices. Our staff comprises proficient income tax consultants with extensive experience in managing similar instances. We accurately draft and send our answers to any inquiries made in the notices regarding the income reported in the IT returns to the appropriate authorities. Our tax experts also represent the individuals in person before various tax authorities if the authorities are not happy with the responses. These tax assessment cases may necessitate representations:

• Inquiry assessment of income tax
• Appeal matters and litigations in income tax
• Assessment and litigations in transfer pricing transactions

Tax compliance

In order to prevent notifications and penalties from tax authorities, our income tax consultants assist customers in making sure their taxes are filed on time. In terms of tax compliance, our main initiatives are:

• To file the annual tax returns and submit to the relevant authorities
• To get the client registered for PAN, TAN, etc.
• To supervise the compliance obligations of our clients to avoid any delays and penalties
• To communicate with the relevant tax authorities on behalf of our clients to avoid any legal action
• To apply for tax clearance certificates for the clients
• Seeking advance rulings on behalf of the clients
• Other compliances as per the tax laws

Tax advisory

We offer individual income tax advising services. Our tax consultants create tax plans, monitor their compliance, and offer income tax consulting services. We provide the following range of income tax advisory services:

• Taxation of individuals, partnership firms
• Taxation of NRIs, foreign companies
• Taxation matters of expatriates
• Taxation of trusts and AOP
• Specific advice as per the facts of the case
• Tax audit
• Advisory in TDS matters