
	Home About Us Team Services Management Consultancy Audit & Assurance Direct Tax Indirect Tax Corporate Law Financial Services Links Knowledge Bank Calculators GST Calculator Tax Calculator TDS Calculator Calculate Net Profit Calculate Net Worth Effective Capital HRA NSC EMI Auto Loan Calculator Home Loan Calculator Get No. Of Installment RERA Calculator Developers Calculator Home Buyer Delay Interest Home Buyer Refund Bulletins RBI SEBI Notification Circular Income Tax Service Tax Central Sales Tax Excise Matters Customs Company Law Labour Laws FEMA The LLP Act 2008 Accounting Standard (INDAS) Others GST VAT Delhi VAT Maharastra VAT Gujarat VAT Telangana VAT Tamil Nadu VAT IGST UTGST Compensation Cess IBC Regulation Utilities Rates of TDS TDS Rates for N.R.I us 195 Rates of Income Tax Depreciation Rates Companies Act Depreciation Rates Income Tax Act ROC Filing Fees (Cos Act, 2013) ROC Fee Structure (Cos Act, 2013) Cost Inflation Index IFSC Codes MICR Codes Rates of NSC Interest Gold and Silver Rates Rates of Stamp Duty LLP Fees National Industries Classification HSN Rate List Deduction u/s 80TTA Vs 80TTB Links Quick Links Important Links GST/VAT Links Ease Of Doing Business Acts Direct Tax Income Tax Act Wealth Tax Act Income Declaration Scheme 2016 Indirect Tax Service Tax(Finance Act, 1994) Central Sales Tax Act, 1956 The Central Excise Act, 1944 Customs Act, 1962 Entry Tax Act Corporate Laws Companies Act, 2013 Companies Act, 1956 LLP ACT SEBI Act, 1992 VAT Laws Delhi Value Added Tax Act, 2004 MVAT Act, 2002 West Bengal VAT Act, 2003 Tamilnadu VAT ACT, 2006 Karnataka Value Added Tax Act, 2003 Gujarat Value Added Tax Act, 2003 UP VAT Act, 2008 Rajasthan Value Added Tax Act, 2003 Punjab Value Added Tax Act Haryana Value Added Tax Act Telangana VAT Act 2005 Andhra Pradesh VAT Act, 2005 Bihar Value Added Tax Act, 2005 Other Statutes ESI Act, 1948 PF Act, 1952 Profession Tax Act The Indian Partnership Act, 1932 Societies Registration Act, 1860 Competition Act, 2002 Reserve Bank of India Act, 1934 MRTP Act, 1969 Equalisation Levy Act, 2016 Right To Information Act, 2005 FEMA, 1999 Maharashtra RERA RERA, 2016 Insolvency & Bankruptcy Code, 2016 Benami Property Act 1988 GST Laws IGST Act , 2017 CGST Tax Act, 2017 UTGST Act, 2017 GST (Compensation to States) Act Rules Direct Tax Rules Income Tax Rules Wealth Tax Rules 1957 Income Declaration Scheme Rules 2016 Indirect Tax Rules GST Valuation Rules , 2016 Service Tax Rules CST (Delhi) Rules, 2005 CST (Maharashtra) Rules Customs Valuation Rules Cenvat Credit Rules, 2017 Entry Tax Rules Corporate Laws Rules Companies Rules, 2014 LLP Rules, 2009 LLP Winding up Rules, 2012 Cos Unpaid Dividend Rules, 1978 VAT Laws Rules Delhi VAT Rules, 2005 Maharashtra VAT Rules, 2005 West Bengal VAT Rules, 2005 Tamilnadu VAT Rules, 2007 Karnataka VAT Rules, 2005 Gujarat VAT Rules, 2006 Uttar Pradesh VAT Rules, 2008 Rajasthan VAT Rules, 2006 Punjab VAT Rules Haryana VAT Rules, 2003 Telangana VAT Rules 2005 Andhra Pradesh VAT Rules, 2005 Bihar Value Added Tax Rules, 2005 Other Statutes Profession Tax Rules NBFC Deposits Directions, 1998 NBFC & Misc NBC (Advt) Rules, 1977 NBFC Auditor Report Directions, 2008 Delhi Labour Welfare Fund Rules, 1997 Cost records and audit Rules, 2014 Baggage Rules, 2016 Equalisation Levy Rules, 2016 NCLT And NCLAT Rules Insolvency & Bankruptcy Rules Benami Property Rules, 2016 GST Rules CGST Rules, 2017 IGST Rules 2017 Forms Income Tax Forms ROC Forms (Cos Act, 2013) ROC Forms (Cos Act, 1956) Income Declaration Forms Wealth Tax Forms Service Tax Forms Companies Unpaid Dividend Forms NBFCs Forms LLP Winding up FEMA Forms LLP Forms CGST Forms GST Forms Accounts and Records Advance Ruling Appeals and Revision Assessment and Audit Composition Demands and Recovery Input Tax Credit Inspection, Search and Seizure Offences and Penalties Payment of Tax Refund Registration Returns Transitional Provisions Value of Supply Query Careers Admin Login Email Login Time Sheet Contact Us

Direct Tax

Corporate Tax Planning

Tax Planning is a process in which Organizations evaluate their financial profile with the aim of minimizing tax liability. Corporate Tax Planning activities generally seek to avoid legally triggering tax costs rather than illegally evading an existing obligation to pay tax. It is a forward looking activity which encompasses the strategic structuring of business operations in order to minimize tax liabilities.

We at S N S B & Associates, undertake the activity of minimizing the tax liability through the best use of all available allowances, deductions, exemptions etc, to reduce the income. The Aim is not to evade tax but to take maximum advantage of incentives available under the current tax regime and proposed changes in any, so as to minimize the tax liability without compromising on expansion plans.

Tax Audit Services

Under 44AB of the income tax act,1961 any person whose turnover exceeds Rs 1 crore in respect of business and Rs 50 lacs in respect of profession is required to get his accounts audited and submit the report along with the return of income. Also if a person declares that his income from business is less than 8 % of turnover and he is under presumptive taxation scheme than he shall have to get his accounts audited under 44AB even if his turnover is less than 2 crore.

We help you in timely completion of these tax audits so as to ensure that no penalty is levied due to any default.

Income Tax Return Filing

The Company, firm, individual, trust, HUF, LLP are required to file the Income tax return as per the provisions of the Income-tax Act, 1961. In pursuance of the said Act, the assesse is also required to deposit the Advance Tax in 4 quarterly installments.

Withholding Tax ( TDS Compliances)

The assesse will be under an obligation to withhold taxes from the payments made towards salaries, contractual obligations, fee for professional services, rent etc. The taxes so withheld need to be deposited with the tax authorities within the stipulated time limits prescribed under the Indian Income Tax Act, 1961. In this connection, our services would include the following:

Review of income and expenses of the Company to determine the advance tax liability, if any, and advising about the amounts to be deposited and due dates;
Withholding tax on all payments as per applicable tax rules;
Deposit of the taxes so withheld, with the tax authorities on a timely basis;
Review of transactions for the month to ensure that proper withholdings have been made;
Preparation and filing of pay-roll withholding tax, rent withholding tax, professional services withholding tax and contractual withholding tax returns;
Preparation and issue of withholding tax certificates to vendors and filing of quarterly returns;
Assistance in deduction of professional tax from the employee's salaries, depositing the same with the authorities on a monthly basis and filing of monthly and annual returns with the Profession Tax Department.

Representation Services for Assessments & Appeals

The firm undertakes preparation of written submissions and appearing before the tax and appellate authorities