PVAR & ASSOCIATES CHARTERED ACCOUNTANTS
Service

Income Tax

Most tax cost is decided long before the return is filed. We work on the structure through the year, then file to a standard that holds up when the file is picked for scrutiny.

Advisory covers the intricate matters as well as the routine: effective tax management and structuring, tax planning for corporates and non-corporates, and the design or restructuring of salary packages so that liability is lawfully minimised.

Compliance runs from PAN, advance tax estimation and deposit, and deferred tax liability assessment, through to returns for the company and for its employees. Amendments, circulars, notifications and judgments that affect you are passed on as they are issued, not at the year end.

Where a position is questioned we take it up ourselves — assessments, rectification, refunds, appeals and, where the matter warrants it, representation through the appellate chain.

What the work covers

In practice.

  • Return filing

    Corporate, non-corporate, trust and individual returns, with the working papers retained.

  • Withholding tax

    Quarterly TDS/TCS returns, corrections, and lower-deduction certificates under section 197.

  • Advance tax and deferred tax

    Quarterly estimation, deposit, and assessment of deferred tax liability.

  • Tax planning and structuring

    Entity structure, transaction structure and salary structure, reviewed before the event.

  • Assessments and scrutiny

    Faceless and jurisdictional assessment, section 143(2) and 142(1) responses, and reassessment under section 148.

  • Search, seizure and prosecution

    Proceedings under section 132 and the litigation that follows — a long-standing strength of the firm.

  • Advance rulings and certificates

    Advance rulings, no objection certificates and statutory certification.

  • International tax

    Double Tax Avoidance Agreement opinions and the tax implications of proposed acquisitions.

  • Trust taxation

    Private discretionary trusts and public charitable trusts, including registration and exemption.

Next step

Send us the papers.

The quickest way to a useful answer is for us to see the notice, the accounts or the return you are working from.

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