Taxation
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Taxation
Taxation
With increasing focus of the Indian Government on widening the tax base and collection of revenue, tax compliance assumes key role and poses greater challenges for Corporate and non-corporate alike.
At Dharmavat & Associates we have expert professionals who will help achieve the much desired objective of tax compliance coupled with minimizing compliance cost. We provide the following services:
1) Filing Annual Tax Returns to the Income Tax Department
2) Rectification Applications
3) Application for delay or revision in refund of tax
4) Appeals, Revisions & Petitions with the Income Tax Department
5) Appearance & Representations in Income Tax Department
STATUTORY RETURNS
With Dharmavat & Associates at your side you need not worry about filing your returns, we not only help you meet deadlines. To achieve this much desired objective, we provide specialised services and advice in areas of:
1) Annual Returns under Income Tax Act.
2) Annual Returns under Wealth Tax Act.
3) E-TDS Returns
4) Goods and Services Tax (GST)
5) Professional Tax Returns
6) PF Returns
7) ESIC Returns
8) RBI/FEMA Returns
9) Annual Returns under the Companies Act, 2013.
10) Other Returns required to be filed under Local, State & Interstate Laws
FINANCIAL REPORTING
Why Audit is Important?
Audit is key to sustaining confidence in both your company and the financial system at large. It must keep pace with a fast-evolving corporate reporting environment – one characterised by investor scepticism and the 24/7 scrutiny of corporate information, including non-financial information.
We at Dharmavat & Associates consider the risks your company faces, the way management controls these risks and the transparency of your company's reporting to stakeholders.
SECRETARIAL & EVENT BASED COMPLIANCES
These are the statutory compliance required for a Limited Companies and LLP’s. Around 85% of companies end up paying heavy penalties for not complying with the provisions of Companies Act & LLP Act. Filings of returns are mandatory whether the company or LLP has done any business or not.
Some of the services which are provided by us include:
1) Getting Company Common Seal, printing & preparing share certificates
2) Obtaining Certificate of Commencement of Business
3) Drafting Resolutions and Minutes of the Board & General Meetings
4) Assistance in preparation of Notices, Agenda & Statutory declarations
5) Assistance in updating Statutory Registers under the Companies Act, 2013
6) Filing of Annual Returns
7) Appointment & Resignation of Directors / Managing Directors
8) Increasing Authorized Capital, Change of Name & Registered office of the company.
9) Issue of convertible preference shares, convertible debentures & other instruments
10) Creation / Modification / Satisfaction of Charges on the Assets of Company
11) Drafting Various Agreements required under Companies Act’ 2013
12) Various certifications under the Companies Act, SEBI, Listing Agreements etc.
RESERVE BANK OF INDIA/FEMA
1) Inbound and Outbound related consultation
2) Incorporation of companies abroad
3) Incorporate & setup of companies with Foreign Direct Investment in India
4) Approval of compliance of External Commercial Borrowings (ECB)
5) Approval & compliance from Foreign Investment Promotion Board (FIPB)
6) Approval & compliance for grants & donations under FCRA
7) Approval & compliance of FCCD’s
8) Regularisation of compliances & compounding of offences under FEMA
9) Submission of Annual Returns with RBI
IMPORT/EXPORT LICENSES
We provide advice, assistance & compliance on concessions available for Customs Duty for import of capital goods & raw materials used for export of goods out of India. We provide the following services:
1) Obtaining Import-Export Code/ License
2) Obtaining approval under scheme for duty free import of machinery, tools, equipments & raw materials (EPCG scheme)
3) Compiling and Filing monthly & annually statutory returns.
Goods and Sevices Tax (GST)
GST is a Tax Payable on Sales & Purchases of Goods and Services.
We at Dharmavat & Associates provide assistance & expert advise for:
1) Registration under GST Act
2) Filing Periodical Returns under the Acts
3) Filing appeals & revisions
4) Regularisation of compliances & compounding of offences
PROFESSIONAL TAX (PT)
What is PT?
Professional Tax is a tax on the income earned by way of profession, trade, calling or employment. This tax differs from state to state.
We at Dharmavat & Associates provide assistance & expert advise for:
1) Registration under Profession Tax Act for the entity, Employer & Employee’s
2) Obtaining approval for concessional schemes under PT
3) Filling periodical returns under the Act
4) Assistance for PT Assessment
5) Appearance & Representations with the PT Department
6) Appeals, Revisions & Petitions with the PT Department
7) Regularisation of compliances & offences
PAYROLL
We at Dharmavat & Associates provide assistance & expert advise for:
1) Computation of salaries with tax & other statutory deductions
2) Preparation of salary slips of employee’s
3) Provide MIS Reports to the Management
4) Advise to Employee’s about changes in tax structure
5) Submission of various reports to the management
COPYRIGHT, TRADEMARK & PATENTS
Dharmavat & Associates through its team of experts and customer development team can assist you in registration of copyright, trademark & patents and renewal of the same wherever required including updating you about the changes in such laws.
LEGAL
We at Dharmavat & Associates through our team of experts help you in drafting & vetting:
1) Memorandum, Articles, operating agreements and constitutional documents
2) Joint Venture Agreements
3) Partnership Deeds & LLP Agreements
4) Legal contracts and agreements
5) Business and commercial contracts and agreements
6) Shareholders Agreements
7) Share Purchase, Business takeover agreements
8) WILLs and assignments
BUSINESS ADVISORY SERVICES & FUNDING
A start-up entity would need finance and exposure to new markets whereas and already established undertaking would need innovation, capacity to face competition, increase market share, innovative management ideas and governance. An expert advice would help the business and can make all the difference.
Currently we are providing advisory services in:
1) Business Start-up
2) Arranging funds through banks, financial institution & private entities
3) Business Management
4) Financial performance appraisal systems and monitoring on periodic basis.
5) Industrial Relations and Labour Laws