Home / Income Tax
As per Income Tax Act, every person having Total Income exceeding the basic exemption limit has the responsibility to file Income Tax Return and pay Income Tax as per law.A person has to look in to the residential status, category of income and tax rates that are applicable to him. He also has to decide the amount of tax to be paid, the manner and frequency of payment, various Income Tax Returns to be filed. We are having sufficient experience in the field of Income Tax to support you to pay your taxes and file your Income Tax Returns.
Income Tax Law mandates that every business entity having turnover exceeding specified limit has to prepare their books of account and get their books of accounts audited by a Chartered Accountant. Income Tax Audit is a specialized service which can be undertaken by Chartered Accountants who are well equipped through the education and training that he availed.We have excellent experience of more than 25 years in the field of Income Tax Audit. We undertake Income Tax Audit across Kerala.
Every person who received an adverse order from the Income Tax Department has the option to file an Appeal before the Income Tax Appellate Authorities. The Income Tax Litigation is a specialized area due to online filing and Faceless Hearing before the Appellate Authorities. Income Tax law is treated as one of the most complicated law in the country and hence the scope of litigation is very high.We have experience of decades in dealing with Tax matters for our clients before various Income Tax Authorities.
Income Tax Collections is mainly through TDS. More than 60% of the Total Income Tax revenue of the Central Government is collected through TDS. There are several latest developments in the field of TDS which are connected with almost all fields of business activities of the business community. The tax payer has to deduct TDS and make payment and also file TDS returns at regular intervals and in the prescribed manner with at most care and accuracy.We undertake TDS Compliance work on your behalf with our excellent and rich experience.