TAXATION
CPAA places a strong emphasis on close client collaboration to deliver tax services of the highest quality. Our mission is to identify and seize tax-planning opportunities while addressing the unique tax challenges that arise within each client’s industry. We are committed to providing timely and effective solutions, ensuring that our clients receive the expert guidance needed to navigate the complexities of taxation successfully.
CPAAS is dedicated to helping its clients in the following key areas:
Identify and Manage Tax Risks:
We work closely with our clients to identify potential tax risks within their operations and develop strategies to effectively manage and mitigate these risks. Our goal is to safeguard their financial well-being while ensuring compliance with tax regulations.
Streamline Tax Filing:
We aim to alleviate the complexities of tax filing for our clients, making the process as smooth and efficient as possible. This allows them to focus on their core business activities while we handle their tax obligations.
Control Compliance Obligations:
We assist clients in gaining control over their tax compliance obligations by providing expert guidance and support. This helps them stay up-to-date with changing tax laws and regulations while ensuring accurate and timely submissions.
Avoid Tax Accounting and Reporting Pitfalls:
We help clients navigate the intricate landscape of tax accounting and reporting, ensuring they avoid common pitfalls and adhere to best practices. This minimizes the risk of errors and penalties while maintaining transparency in their financial reporting.
Our commitment is to empower clients with the knowledge and resources they need to effectively address tax-related challenges, ultimately contributing to their financial stability and peace of mind.
Avoid Tax Accounting and Reporting Pitfalls:
We help clients navigate the intricate landscape of tax accounting and reporting, ensuring they avoid common pitfalls and adhere to best practices. This minimizes the risk of errors and penalties while maintaining transparency in their financial reporting.
Our commitment is to empower clients with the knowledge and resources they need to effectively address tax-related challenges, ultimately contributing to their financial stability and peace of mind.
Corporate Tax:
⦁ Corporate tax – Registration:
⦁ ETIN registration
⦁ Income year maintenance
⦁ Corporate tax – Compliance
⦁ Corporate tax return
⦁ Transfer Pricing return
⦁ Transfer pricing documentation/study report (review/preparation)
⦁ Issuance of chartered accountant’s certificate
⦁ Assessment/ Appeal to CT/ Appeal to TAT/ Assisting in Review Application
⦁ Revised assessment at DCT level after set aside by CT (Appeal), Tribunal.
⦁ Assistance with filing application for correction of error in assessment order
⦁ Assistance with filing application for adjustment of refund against tax
⦁ Assistance with filing reference application to HC
⦁ Assistance with filing application for waiver from deposition of dispute tax (TAT and HC)
⦁ Assistance with settling case at ADR
⦁ Assisting client in filing reference application against the order of the Taxes Appellate Tribunal
⦁ Assessment of withholding tax return (if return u/s 75(A) is selected for Audit)
Value Added Tax:
⦁ VAT – Registration
⦁ BIN registration/amendment
⦁ VAT – Compliance (VAT return, A Challan, Input-Output Coefficient, Vat compliance Certificate, Vat Software implementation)
⦁ VAT – Audit and Appeal:
Advisory Services:
⦁ Advising on queries relating to Tax, VAT, Customs, FERA, Company Act and DTAA
⦁ Provident Fund Approval, Gratuity Fund, WPPF
⦁ Certification from NBR:
⦁ Certificate related to DTAA/non-DTAA
Personal Income Tax Services:
⦁ Offering comprehensive support for personal income tax, including tax planning, income tax computation, and return submission for both local and expatriate individuals.
⦁ Facilitating the acquisition of income tax clearance certificates.
⦁ Handling assessments at the DCT (Deputy Commissioner of Taxes) level under various sections.
⦁ Assisting with revised assessments at the DCT level following set-asides by the CT (Commissioner of Taxes) in appeal cases and by the Tribunal.
⦁ Providing assistance in filing applications for the correction of errors in assessment orders.
⦁ Assisting in filing applications for the adjustment of refunds against tax liabilities.
⦁ Managing appeals against orders issued by the DCT.
⦁ Assisting clients in filing appeals against orders of the CT (Appeal).
⦁ Aiding in the filing of reference applications against orders of the Taxes Appellate Tribunal.
⦁ Providing support for filing applications for the waiver of dispute tax deposition (TAT and HC).
⦁ Assisting in the settlement of cases through Alternative Dispute Resolution (ADR) mechanisms.
CPAAS’s comprehensive services in these areas aim to address a wide spectrum of tax and compliance needs, ensuring that clients are well-equipped to manage their financial affairs effectively and in accordance with applicable laws and regulations.