Sampat Mehta > Services > Taxation
TAXATION SERVICES
Businesses are constantly looking for ways to innovate and re-evaluate the way they work. The arising complexity in organizations with respect to various government policies and tax regulations are likely to affect organizations around the world. At Sampat & Mehta, we provide consulting and support to our clients and equip them with the right approach towards various decisions relating to taxation in the new normal. With the perfect blend of technology and strategic knowledge, we help your business yield tax efficiency and reduce taxation risks.
Our vast array of services include:
DIRECT TAXATION
Initial registration, filing of periodic returns and compliances
We provide consulting and support in the initial registration process as well as filing periodic returns.
Preparation of tax working and filing of tax returns
Having a tax working helps businesses prepare themselves to file tax returns when the time comes. Our ingenious team helps alleviate the strain of the clients while providing them with tax assistance.
Representation in income tax assessment proceedings
Income tax assessment refers to audit of the tax returns filed by assessee by the tax department. We help represent this with our knowledge and technology on behalf of our client.
Drafting tax appeals and representation before Commissioner / Appellate Tribunal
Tax appeals are the right of an individual or organisation, in case of disagreement on tax assessments. We use our legal know-how and help them in drafting the appeal represent their case strongly before appellate authorities such as Commissioner of Income tax (Appeals) and Income Tax Appellate Tribunal.
Tax planning and compliance
The complexity of the process and constant updates in the laws, create challenges for businesses in planning taxation and compliance. With an aim to assist expatriates and Indian executives with our experience and knowledge, we help individuals and organisations build effective strategies to cut down costs and save money.
Advice in complying to transfer pricing regulations
We provide assistance in explaining the intricacies of the applicability provisions and also what all documents are required to be maintained to justify that transactions with related parties are done on an arm’s length basis.
Advice on optimal tax solution for cross border transactions
We provide expert advice on the tax impact of cross-border transactions undertaken by Indian business entities. Similarly, also provide advice to overseas companies for their specific transaction in India.
Understanding tax effects of important business decisions
Every business decision attracts either taxation risks or benefits for an organisation. Be it a financial decision or an investment decision, planning and evaluating these decisions and their effects on the business’s taxes is significant for any organisation. We provide consultation and opinion on the specific business transactions.
Providing opinion and certification for overseas payments
Overseas business payments are payments made from one country to another for business purposes which could have impact on Indian tax liability on the overseas entity. Again, an important step in global business set up, this is best made with assistance from a professional expert who knows the intricacies of the tax laws.
Compliance to withholding tax regulation
We aid our clients in filing withholding tax returns and other compliance aspects such as advising on the applicability of withholding tax, initial registration, and assistance with changing tax regulations.
INDIRECT TAXATION
Initial registration, filing of periodic returns and compliances
We provide consulting and support in the initial registration process as well as in filing periodic returns
Advice on Goods and Service Tax (GST)
Advising clients in assessing appropriate GST input tax credits, mock GST audit to reduce loss of credits and consequential interest and penalty.
Assistance in GST refund application / assessment
Providing support in filing GST refund application and subsequent follow up with the GST department in refund application processing, making legal submission for speedy refund. We also help the clients in attending to and making representation for the GST assessment.
Consultation
We provide consultation and opinion on the specific business transactions.
Advice on Profession Tax of Employers / Employees
Profession tax is imposed by the State Government on employees, employers, or professionals who are earning in terms of any kind of salary or fees. We aid individuals in providing advice on professional tax compliance.
