Tax investigations are increasing in number all the time. Obtaining the best advice when you need it can save a lot of time and money – not to mention, stress.
We facilitate multinational organizations in exploring opportunities and setting up business also assists them in complying with legal formalities applicable in India. We brief them taxation system and allied procedures relating to the business which they are planning to set up.
This includes feasibility studies, obtaining statutory approvals from government departments, accounting services, human resource procurement, legal services and other services listed below:
Highlights of our services:
- Setting up accounting systems, internal controls, procedures and accounting manuals
- Guidance on registration with the Software Technology Park of India for 100% export oriented software companies & with the Customs & Central Excise Departments regarding custom bonding of STP/EOU units
- Assistance in obtaining IEC code and guidance on import/export policies and procedures
- Financial & management restructuring of overseas corporate and joint venture collaborations
- Incorporation of companies and offices for multinational clients in India
- Managing back office operations covering accounting and statutory compliances
- Statutory approvals from Government of India
- Financial restructuring of overseas companies
- Joint venture collaborations
- Vetting of commercial agreements
- Internal audit & Stock Audit
- Transfer Pricing, determining arm length pricing for transaction between sister concern in accordance with Transfer Pricing rules and regulations.
Employee salary package scan take the form of a number of different benefits from basic salary to share options or travel passes. India has a Pay As You Earn (PAYE) basis of taxation, an employer is obligated to deduct tax at source on a monthly basis from a salaried employee and to make additional contributions to a provident fund and insurance.
As part of a truly international firm, A.Chandak & Co.’s provides an extensive service for tax affairs from broad global connections and diverse expertise. Structuring cross border transaction tax efficiently is the area expertise for A.Chandak & Co. The current global business environment has created such as restricted cash flows, decreased and reduced credit availability. Transfer pricing solutions can play an important role in addressing these issues.
- Advisory Services with Reference to the DTAAS between India and Various Countries, Expatriate Taxation, etc.
- Transfer Pricing Related Advisory & Analytical Documentation Services.
- Getting Transfer Pricing Audit in accordance with prevailing Tax Laws.
- Advising on pricing on transactions between sister concern.
Structuring companies so they benefit from high operational performance and legal protection, whilst ensuring that they don’t pay more tax than is necessary, provides the foundation for many a successful business. And as you grow you must be certain that expansion will not be hampered by unforeseen liabilities.
Dealing with your personal tax affairs is an essential task in maximising quality of life as well as enabling you to plan for a more abundant future. However, the complexities of ever-changing tax regulations along with sometimes cumbersome record-keeping requirements can prove discouraging for many people.
Preparation and filing of various statutory returns and documents with the revenue authorities periodically. A plethora of paper work is involved in filing numerous tax returns on quarterly, half-yearly and yearly basis. It is always a very complicated and lengthy process to be complied with punctually and regularly. Failure of compliance attracts heavy penalties and even prosecution in certain cases. An elaborate data has to be procured from account books of the firm/ company to fill in the returns entailing huge amount of labour and knowledge.
We take a holistic view, combining industry insight with the technical skills of financial and tax professionals, economists, lawyers and our other in-house resources as necessary, to develop comprehensive integrated solutions. Our tax services include:
- Filing of Income Tax Returns
- E-filing of TDS Returns
- Consultancy on Income Tax Matters
- Consultancy on Tax Planning & Savings
- Consultancy on Double Taxation.
- Consultancy on International Taxation
- Global compliance services
- Maintenance of Income Tax Records
- Liaison with Income Tax Authorities
- Getting you registered with Income Tax Authorities i.e. getting Permanent Account Number (PAN)
- Tax deduction account numbers (TAN)
- Services related to withholding taxes / Tax Deducted at Source (TDS)