As tax law continues to increase in complexity and the stakes for businesses continue to rise, nothing is more important. Critical decisions must be made and implemented. Income tax Consultancy :-
We Provide PAN Card, Filing of Income tax, TDS Returns, Consultancy on Income Tax Matters, Tax Refunds, Tax Planning & Savings, Maintenance of Income Tax Records, Liaisoning with Income Tax Authorities,
Tax deduction account numbers. Service tax Consultancy :-
We Provide Service Tax Registration, Consultancy on Services and applicability of Service tax Act , Filing of Service Tax return in ST-3 ,Consultancy on deposit of monthly service tax of both corporate as well individuals, Maintenance of Service Tax Records, Liaisoning with respective Authority etc. Tax Rate At
Present the effective rate is 14.5%. Proposed 15.0% W.e.f 01.04.2016 (Budget 2016-17). We Provide the following services:-
1 Service Tax Registration
2 Consultancy on Services and applicability of Service tax Act
3 Filing of Service Tax return in ST-3
4 Consultancy on deposit of monthly service tax
5 Provide consultancies to both corporate as well to individuals.
6 Maintenance of Service Tax Records.
7 Liaisoning with respective Authority. Service Tax in Detail
Service Tax is levied on the notified services. It is a union levy administered by the Central Excise Department and governed by Chapter V of Finance Act, 1994 (the Act) as amended from time to time. The rate of service tax till 9 September, 2004 was 8 per cent and from 10 September, 2004, it was increased to 10 per cent. Education cess at 2 per cent is levied on service tax amount from 10 September, 2004. The effective rate of service tax works out to 10.2 per cent. Service tax is charged on the gross value of services and is generally payable on receipt basis. It is an indirect tax - it is payable by the service provider but it is ordinarily recovered from the recipient of services. The law requires separate mention of service tax amount in the invoices. Sales Tax/VAT Consultancy :-
We provide consultancy in Registration under Jharkhand VAT Act, Registration under CST Act, Online Filing of Returns, Rate of Tax under Jharkhand VAT Act , Consultancy of deposit of VAT, Consultancies on VAT and CST Act, Taxability of Sale of fixed assets, Objections, appeals. Services we Offer: :-
• Registration under Delhi VAT Act.
• Registration under CST Act
Taxconsultantsindia.com• Online Filing of Returns.
• Rate of Tax under Jharkhandi VAT Act.
• Consultancy of deposit of VAT
• Consultancies on VAT and CST Act
• Taxability of Sale of fixed assets.
• Objections, appeals , revisions, rectification of order.
• Amendments in registration Certificates.
• Consultancies on preparation of records as per VAT Act
• Refund of tax.
• Central Sales Tax.
• Assessment of Firms. Value Added Tax in Detail :-
India does not have a classic Value-Added Tax (VAT) structure. Instead, separate tax on sale of goods and on rendering of services is imposed under different legislations. Sale and purchase of goods is subjected to charge of sales tax. Sales tax is levied under Central and State Sales Tax legislations depending upon the movement of goods in pursuance of a sale transaction. If the transaction involves movement of goods from one state to another (inter-state), the tax is levied under Tax Act (CST), 1956. From 1 April 2005, 21 states of India have replaced local sales tax with VAT. The rest of the states are still continuing to impose sales tax. The VAT, as introduced by 21 states, is not much different from local sales tax regime except that it captures value addition at each level of distribution network. The State VAT, as introduced by the states, continues to be a tax on sale of goods and does not include taxation of services. The standard rate of VAT is 12.5 per cent and there is reduced rate of 4 per cent. Besides that, there are exemptions and rate of 1 per cent and 20 percent for specified products. In addition to sales tax, some states also levy additional tax / surcharge, turnover tax or entry tax. Sales tax / state VAT is payable by the seller to the government. Ordinarily, sales tax / state VAT is recovered from the buyer as a part of consideration for sale of goods. Company Law Services :-
We are a well recognized Tax Consultants, providing consultations and services in Company Law Matters. Our services are customized in accordance to your specific requirements. We assist you from the very initial processes of company establishment to company maintenance
We are a well recognized Tax Consultants, providing consultations and services in Company Law Matters. We assist you from the very initial processes of company establishment to company maintenance process, etc. Our services include :
• Formation & Registration of Company
• E- Filing of Documents with MCA.
• Compliance under Companies Act, 1956
• Getting the Company name changed.
• Sell / Purchase of Companies
• Creation of Database of shareholders
• Obtaining of Digital Signature Certificate
• Formation of Section 25 Company (Non profit making organization)
• Declaration for registration of Memorandum and Articles of Section 25 companies
• Register of Attendance of Board and General Meetings
• Minutes Books of Board and General Meetings etc
• Getting Charge Registered
• Liaison with Registrar of Companies & Regional Directors
• Getting Director Identification Number (DIN)
• Maintenance of statutory records prescribed under Companies Act, 1956.
• All matters relating to Company Law Board.
• All matters relating to Registration of Trademark, Logo, Copyrights, Patents and Designs.
• All matters related to the Ministry of Corporate Affairs and Registrar of Companies.
• Drafting of Director’s Report, Corporate Governance Report, Annual Report presentation Periodical advisory and / or retainer basis for Private Company / Closely held Company / Listed Company / Joint Venture Company / Section 25 Company for Company law related matters
• Registration of Import Export Code Number (IEC) and all other matters relating to Directorate General of Foreign Trade (DGFT). NGO/Societies, Trust :-
We assist in the registration procedures of Societies, Trusts & Partnership Firms, 12 A & 80 G Certificate, FCRA as well as in the process of formation of memorandum of association (MOA). We guide them through the modes and methods, procedural formalities and the process of documentation. We also counsel them regarding the benchmark required for registration. Religious And Charitable Trusts In India
Social welfare is the basic responsibility of government. Charitable and Religious Trusts lessen this burden. Therefore, tax concessions are offered. Income applied for predefined and declared charitable object is exempt from income tax. Wealth tax is also not charged on properties held. If eligible, donor are also given deduction from income tax u/s 80G or section 80GGA. Skillful and Intelligent tax planner tends to use trust for evasion of taxes. This result in a plethora of regulatory measures. Consequently, the legislation has become confused and complicated. More so because the term like 'income', 'capital', 'capital gains', 'donations', etc., used informal tax parlance or even in ordinary parlance have entirely different meanings and connotations in the case of trusts. Types Of Trust:
Common types of trusts are noted below.
• Public charitable or religious trusts
Income from these trusts is applied to charitable or religious purposes.
• Private trusts
Services We Offer
• Registration of Trust
• Registration of Co-operative Societies
• Registration of Company under Section - 25 of Companies Act, 1956
• Registration of NGO under Income Tax for Tax exemption u/s 12A
• Registration of NGO under Income Tax for u/s 80G
• Registration of Parnership Firms
• 12 A Certificate
• 80 G Certificate
• FCRA: Permanent, Prior Permission and Amendments. The trust should get itself registered [Form No. 10A for Application] with the Commissioner of Income-tax within one year from the date on which the trust is created. The accounts of the trust should be audited (Form No. 10B) for such accounting year in which its income exceeds Rs. 50,000. We assist in the registration procedures of Societies, Trusts & Partnership Firms as well as in the process of formation of memorandum of association (MOA). Our panel of accountants with their sound professional information help organizations to meet the requisite criteria to register themselves as licensed charitable or non-profit institutions. Moreover, solutions regarding income tax, statutory and internal audit and many more services are offered by us.
