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Direct Taxes
Compliances
End-to-End Direct Tax Compliances we offer…
What are the various Direct
Tax compliances?
Obtaining India Tax registrations (PAN /
TAN) for Non-residents
Filing of Corporate / Individual Tax Returns.
Withholding Tax compliances
Advance Tax forecast calculations
Estimating Tax liability
Tax Audit Report annexure preparation
Equalisation Levy compliances
Miscellaneous tax compliances viz., SFT
Return, TDS Return revisions, etc
Why is it necessary to
undertake Direct Tax
compliances?
Entities / Individuals have an obligation to
disclose their financial transactions to the
Income Tax authorities, which would have
income tax implications. The manner in which
these compliances are to be undertaken,
along with the timelines provided in the
Income Tax Act & Rules.
Consequences for failure to
undertake compliances?
The Income Tax Act & Rules prescribe various
penal consequences for failure to undertake
the compliances. Further, entities may not be
able to claim certain exemptions / losses if
these compliances are not met within the
timelines prescribed.
How can SBC help?
We have an accomplished team of Chartered
Accountants who have vast experience in
handling end-to-end direct tax compliances of
domestic companies, foreign entities as well as
individuals. Our team proactively advises
clients on the applicable compliances for their
entity structure and assists in undertaking
them within the statutory timelines.
Direct Tax Compliances.pdf

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Direct Tax Compliances.pdf

  • 1. Slide left to know more Direct Taxes Compliances End-to-End Direct Tax Compliances we offer…
  • 2. What are the various Direct Tax compliances? Obtaining India Tax registrations (PAN / TAN) for Non-residents Filing of Corporate / Individual Tax Returns. Withholding Tax compliances Advance Tax forecast calculations Estimating Tax liability Tax Audit Report annexure preparation Equalisation Levy compliances Miscellaneous tax compliances viz., SFT Return, TDS Return revisions, etc
  • 3. Why is it necessary to undertake Direct Tax compliances? Entities / Individuals have an obligation to disclose their financial transactions to the Income Tax authorities, which would have income tax implications. The manner in which these compliances are to be undertaken, along with the timelines provided in the Income Tax Act & Rules.
  • 4. Consequences for failure to undertake compliances? The Income Tax Act & Rules prescribe various penal consequences for failure to undertake the compliances. Further, entities may not be able to claim certain exemptions / losses if these compliances are not met within the timelines prescribed.
  • 5. How can SBC help? We have an accomplished team of Chartered Accountants who have vast experience in handling end-to-end direct tax compliances of domestic companies, foreign entities as well as individuals. Our team proactively advises clients on the applicable compliances for their entity structure and assists in undertaking them within the statutory timelines.