Income tax consultant in Delhi NCR | Bangalore |Mumbai |Near Me

Income tax consultant in Delhi NCR | Bangalore |Mumbai |Near Me

A businessman required an Income tax consultant for tax return is the income tax return required to be filed by companies. if you are looking for Income tax consultant in Delhi NCR | Bangalore |Mumbai |Near MeVGNC provides best  Income Tax Compliance Services, we are best Income Tax Compliance service firm in India, in effective strategies. We provide Income Tax advice to MNC as well as firms, individuals etc. We structure and implement the Tax planning strategies most effectively according to the client facts and circumstances. Tax laws are most dynamic laws in the world and require a constant study by the attorneys to effectively deal with the customer’s requirements.

We provide income tax compliance in following areas:

Corporate Tax Law has experienced various amendments in India due to the Globalization and changing facets of business. Corporate tax is levied on both domestic as well as foreign companies which are not registered in India but has its operations and generate income in India. There are many Tax Incentives like setting up of businesses in Tax-Free Zones, Export Oriented Units and in SEZs (Special Economic Zones) are growing with several interpretations and documentation. Our Attorneys and Consultants have insight knowledge of the tax provisions including amendments and Finance Act, 2019 to facilitate effective compliance.

Drafting of Reply/Appeal to various Income Tax Notices issued by the Tax Authorities. Appearances before Tax Authorities, Income Tax Appellant Tribunal, High Courts and Supreme Court.

Tax Due-Diligence in setting up of a start-up, business, filling of various documents to the Government authorities etc. Beside central issues, Due Diligence includes a range of tax and regulatory issues such us exchange control, income taxes, indirect taxes and capital market regulations.

Personal Taxation Service: (Resident or NRI) includes advisory on these incomes from the assesses:

  • Income from the salary;
  • Income from agriculture;
  • Income from house rented income;
  • Income from sale of stocks or mutual funds;
  • Employee stock options (ESOP);
  • Income from sale of house property;

NRI Taxation Issues: Income Tax laws that are applied to NRI’s are entirely different from those applicable to resident Indians. The major issues in NRI is double taxation meaning paying tax on the same income twice in the country of residence of the assesse and India by obtaining a relief from DTAA (Double Taxation Avoidance Agreement) between the two countries.

International Taxation: services on transfer pricing and it is of paramount importance to multinational corporations operating in India,as they have to meet rigorous and mandatory documentation requirements. Expertise in Litigation, Customs and Services valuation is all the more essential under the proposed Advance Pricing Arrangements with Indian pricing authorities.

Expatriate Taxation: Expatriates in India are liable to pay income tax and fulfill other obligations such as filing tax returns. At times, their employers may also withhold income tax. Expatriates may be subject to taxations on their worldwide income unless they have protection under the ‘Double taxation avoidance treaty. There may be tax incidence on expatriates who are beneficiaries under any employee stock options schemes.

Taxations issues in Partnership/LLP firms

Taxation advisory on:

  • Sale of capital assests
  • Tax deductions in capital gains, remunerations
  • Transfer of assests by a partner to the partnership firm and vice versa

Trust Taxations Issues, setting up of a trust or a NGO requires knowledge of income tax provisions relating to charitable institutions/trust and the exemptions Tax laws. We at VGNC can be a one point solution for all your queries and issues relating to Trust Taxation.