RESIDENT INDIVIDUAL

Income Tax Compliances

As we are aware that, Tax compliance is inevitable in India and income tax department is also ensuring that each & every eligible person complies with the law well in time. To encourage the people, Income Tax Department has started with system of filing of electronic returns. With help of new electronic filing system, returns are processed immediately and accordingly refunds are credited to Tax Assessee’s Bank account. Gone are the days when people used to wait for IT refunds for 2-3 years.

Our specialized team will help you to file Tax Return within time deadline and ensure that return is processed accordingly. With our unique methodology of preparation of IT return, we have been successful to file all returns electronically without any error. This unique methodology of compiling returns will help us when scrutiny assessments are undertaken by the department for such individual clients.

Wealth Mangement & related compliances

We, being your ‘Family Consultant’, not only advise you about your present wealth but also express our views on the wealth to be acquired out of family settlement, execution of will etc.

Many a time clients are facing problem of maintaining wealth and generation of income from the accumulated wealth. Besides this, issues such as Distribution of wealth while compiling will and taxation aspects involved into, are also addressed by our team.

Strategic Long Term Investment Planning

Considering the present pattern of early age retirement among all young people, this avenue of long term investment planning has gained its importance. Besides basic tax compliance, our endeavor is concentrated to this area where various permutations & combinations are suggested to the client so as to cater to his present & future economic need.

Appearance before Tax Authorities

We do appear before Tax Authorities up to level of CIT (Appeals). With our transparent policies of handling the tax assessments over a period of 3 decades, we have been successful in pleading our client’s case.

Consultation with respect to specific event/proposal

Our team of expert partners is available on every Saturday from 8 AM to 8 PM for one on one discussion with each client. This strategy has gained positive feedback from many clients who want to seek the consultation with reference to specific even/ proposal such as

• Preparation & execution of will with reference to present tax laws
• Entering into property development agreement
• Analysis of various options related to Sale of Immovable property & investment thereof.
• Availing option of starting own business
• Designing systematic regular saving plan And many related issues.

Consultation with reference to indirect tax & Compliance thereof

As we all are aware that almost more than 50% government revenue is fetched from Indirect Taxes. Considering the recent changes in Indirect Tax provisions, compliance with Goods and service tax with in prescribed due date has become mandatory task.

We have developed special wing of Goods and Service Tax which dedicatedly work for regular tax compliance. The wing is headed by partner CA Ankur Kulkarni and carries out compliances such as registration, filing of tax returns, appearance before Govt. Authorities and many other compliances as required under the Act.