Taxation

In today’s world corporate as well as individuals are required to comply with a number of income tax compliances, which require expert knowledge and are mostly time-bound and technical in nature. Moreover, most of the income tax compliances nowadays are required to be completed online and require specialised knowledge and expertise. V D Abhyankar specialise in providing Time-bound and quality Income Tax services to our clients. Our range of Income Tax services cover all aspects of Indian Income Tax Laws. Our services help our clients to operate efficiently and minimise their tax liability.

We provide the following Income Tax Services:

  • Tax Management Services, advisory services to minimise and manage tax liability under Indian Tax Laws
  • Fringe Benefit Tax Services, advisory services on calculation and minimisation of Fringe Benefit Tax
  • Calculation of Advance Taxes
  • Filing of returns of Income Tax, Wealth Tax, Fringe Benefit Tax, Tax Deducted at Source(TDS)
  • Representation before Tax Authorities for Assessments, Appeals, Search & Seizure Cases
  • Employee Tax Management and Salary Structure Designing Services
  • International Taxation & Transfer Pricing

We provides expert services in the fields of VAT / Sales Tax and Service Tax. Our Indirect Tax department is headed by professionals having domain experience in these areas. Details of Indirect Tax Services provided by us are given below.

VAT / Sales Tax

VAT / Sales Tax are state level taxes levied on sale of goods (including computer software), work contract and hiring of goods. Since the introduction of VAT (Value Added Tax), compliance requirement have increased manifold and require expert services for maintenance of records and calculation of tax liability. V D Abhyankar provide the following services for compliance with VAT / Sales Tax:

Registration with VAT / Sales Tax Authorities
Filing of Periodical Returns and calculation of tax liability
Assisting with other VAT / Sales Tax compliances
Procurement of Statutory Forms
VAT Planning and Advisory Services
Representation for Assessment, Appeals, References etc.

Service Tax

Since the introduction of Service Tax, the scope of the same has increased considerably from year to year. The share of Service Tax in the total tax collection of the government has also increased substantially. Compliance with Service Tax have also increased in quantum and complexity since its introduction. We provide expert services for compliance with Service Tax Law the details of which are given below:

Registration with Service Tax
Calculation of Service Tax
Filing of regular Service Tax returns and other compliances
Preparation of records for Cenvat & Service Tax credit and other records under Service Tax Law
Advisory Services for Assessments, Appeals etc.
Advisory Services for Tax Planning and Minimisation