Tax Compliances

Tax returns: Preparing all types of Indian self-assessment tax returns

Preparing corporate, partnership, trust tax returns

Non-residents: preparing returns for non-residents, including non-resident Indians

Calculating your tax liabilities and notifying you when payments are due

Dealing with any Income Tax, GST inquiries and investigations arising.

Guidance: Explaining in simple terms the complex rules and legislation that form the basis of the self-assessment system

Income Computation & Disclosure Standards

Tax Notice RESPONSE

Documents Required For Tax Notice Response

Interest certificates from banks, post offices, etc
Form 16/ 16A / 26AS
Any tax saving investment proof
Rent receipts
Proof of Deduction made under 80C
Documentary proofs to claim deductions under section 80D
Home loan statement from the bank and NBFC
Capital gains
Salary slips
Bank account details, etc

Tax Notice Response Benefits

The income tax department performs a preliminary review of all returns submitted and informs taxpayers of the results of such preliminary assessment
This evaluation includes mainly mathematical mistakes, internal contradictions, tax estimation, and tax payment verification
Under Section 143(1), such communication to the taxpayer regarding the preliminary assessment is called an intimation
The preliminary assessment is done by the Central Processing Unit (CPU), which is completely computerized and it doesn’t involve human intervention
Once the return is filed by the taxpayer, the total income or loss will be computed by the computerized system and provides a comparison of the evaluation process
The intimation notice under section 143(1) consists of two columns namely
As provided by the taxpayer in the return of the income
As computed under section 143(1)
Here, this two-column shows the calculation done by both the taxpayer and IT department computing the total income and liabilities. And eventually, it shows who was liable

Revised Return Filing

Documents Required For Tax Notice Response

Documents Required For Tax Notice Response

Documents Required For Tax Notice Response

PAN (Permanent Account Number)
Aadhar Number
Form 26AS
Bank Account Details
Challan of any advance tax or self-assessment tax (if paid during the year)
Details of the original return (if filing a revised return)
Process of Revised Return Filing filing

Tax Notice Response Benefits

Documents Required For Tax Notice Response

Documents Required For Tax Notice Response

IT Notice Assessment
Revision
Return Process
Visit to IT Department
Regular Updates