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Tax Due date
date : 17th July 2006
Please fill up your returns ...
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Tax Due date
date : 17th July 2006
Please fill up your returns ...
>>more info
 Direct Tax | Sales Tax | Service Tax | Corporate Laws | Accountancy Audits & Assurance | Mgmt. Advisory
 
 

Direct Taxes

CONSULTATION OR MATTERS REGARDING TO DIRECT TAXES

Advice and Consultation in connection with filing of Income tax and Wealth tax Returns and complete Service of entire assessment proceedings.

INCOME TAX PLANNING

Supreme Court in the case of Azadi Bachao Andolan reported in 263 ITR 706 has reaffirmed the earlier decision of the Supreme Court in the case of A. Raman & Co. that every citizen has right to arrange his affairs in such a way that brunt of tax is minimum. Specialization in Tax Planning under one roof services for Minimum payment of tax under various heads of income, be it salary, property income, business/professional income.

Consultation and advises in connection with Non-Resident Indian Taxation, Double Taxation relief, Transfer Pricing and all other services related to Income tax and Direct Taxes pertaining to Residents, Non-Residents, Foreign Nationals, Foreign Citizens and Foreign Institutional Investors.

Complete Services of FEMA including obtaining of various permission from Reserve bank of India and all other matters relating to Inward and Outward remittance.

Direct Taxes dealing with Income Tax Authorities and Appeals. Mr. MANAN VAKIL handles complete services of verification of Assessment Orders, filing of Appeals before Commissioner of Income tax (Appeals), appearance before Commissioner of Income tax (Appeals), filing of Appeals before Income Tax Appellate Tribunal and appearing and arguing the matters.

SETTLEMENT COMMISSION

Specialization by Mr. Manan Vakil in filing Applications before Settlement Commission for all kinds of complicated tax avoidance, tax evasion matters arising due to Survey, Search or even otherwise.

Handling all matters before Income tax Authorities.

Complete services with Six Assistants and one another Chartered Accountant for filing Income Tax Returns, appearing before Income tax Authorities and handling complete services at assessment levels before the Income Tax Authorities.

The firm's three partners are having specialization in handling Search/Raid cases, Survey cases and other complicated cases of Investigation Wing of the Income tax Department.

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System Audit

EDP/SYSTEM/IT audit as required by the RBI in case of the banks including co-operative banks.

CTCL audit as required by the National Stock Exchange in case of NSE share brokers.

Mr. Manan Vakil, Partner, D.I.S.A.(ICAI); is looking after the department.

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Service Tax

Registrations with appropriate Authorities, filing of Returns, Tax Planning and necessary follow up with the Department from time to time.

Tax planning including applicability of the tax, effect of various Notifications and Clarifications from time to time and including updating the clients from various penal provisions for non-adhering various applicability of Service tax.

Handling the cases with the Department, which include filing of returns, liaisoning with Department, appeals and/or legal requirement with the department.

Updating the clients regarding laws from time to time.

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Corporate Laws

Formation / Incorporation of Companies including Documentation.

Representations before Registrar of Companies (ROC).

Representations before Company Law Board (CLB).

Reorganization of Capital.

Matters relating to Official Liquidator's Office.

Mergers / Amalgamations / Liquidations and related matters.

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Accountancy Audit and Assurance

Audit approach of the firm is to concentrate efforts on controls and key risk areas enabling to provide a straightforward, cost effective audit. The firm has considerable experience and expertise in Statutory Audit, Internal Audit, Tax Audit, Concurrent Audit and Special Investigative Audit of Corporate and Non Corporate entities, Government Companies/Corporations, Banks, Financial Institutions, Public Utilities, Insurance Companies, Co-operative Societies, Charitable Institutions, etc. Designing and Developing of Internal Audit System and its Manual is also done by the firm.

Statutory Audit prescribed under various laws

Tax Audit prescribed under the Income Tax laws

Internal Audit of Corporate and non-corporate entities

Other entities like Banks, Trusts and Co-operative Societies

Auditing and relating recommendation

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Management advisory Services

Preparation of Financial Statement

Provisions of relevant managements report

Development and reporting on Budget performance

Cash flow budgeting, reporting and management

Bookkeeping

Annual Compliance Services

Financial Statements

Business Advisory Services

System Design for all office procedures

System Documentation involves manual format for reference

System Implementation assists clients in implementing

System Optimization evaluates and suggests for efficiency

Cost control identifies all cost centers and checks control

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  Disclaimer : This website has been prepared by us to provide general information to our clients and the wider business community. As it is a general guide, we recommend you seek professional advice before taking action. Nautam R. Vakil & Co. make no guarantees, warranties, undertakings or representations, about nor do Nautam R. Vakil & Co. accept any liability in respect of any costs, losses, damages or expenses suffered or incurred (howsoever) in connection with : (a) Any part of the content of this website (including, without prejudice to the foregoing generality, any guarantees, warranties, undertakings or representations, regarding the quality, correctness, completeness, or fitness for any reason of such content); or (b) Any part of the content of any website referred to or accessible by hypertext link through this website, ("a third party site"). Nautam R. Vakil & Co. does not endorse or approve the content of any third party site (including, without prejudice to the foregoing generality the content of and/or any products or services offered by any organisation which may be referred to in this website or which may be accessed from this website by hypertext link or otherwise). Designed by Purvag G Patel & Jimil Shah