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TAX MATTERS

Service

TAX MATTERS

Complete spectrum of services for private individuals or organisations related to Income tax matters in India (for any Income accrued from a real estate asset, Income from business or profession, Income from salaries, Income in the form of capital gains or any Income from other sources) including but not limited to, assessment of tax liability, payments of taxes based on applicable rules and statutes, handling of any income tax notices, arguing cases or appeals as the situation warrants in appropriate courts or tribunals and negotiating settlements on behalf of our clients

1000+

Client Consultations

95%

Successful Cases

30+

Professionals

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About the Service

The key law which governs rules and statutes with regards to Income Tax in India is the Income Tax-Act, 1961. The Income Tax Act 1961 determines tax applicability and liability on the income of an individual person or a body corporate. It provides for levy, administration, collection and recovery of Income Tax. Taxes in India are levied by the Central Government and the state governments. However, some minor taxes are also levied by the local authorities such as the Municipalities. The Central Board of Revenue or Department of Revenue is the apex body charged with the administration of taxes in India.

With the globalisation and liberalisation of the Indian economy. Tax laws in India are rapidly evolving and becoming completely digitised as well. Our services ensure that we can deliver top class and upto date tax advisories regarding Income tax matters, that are responsive to the ever-evolving changes in tax laws. Our team of lawyers are full upto speed and completely abreast with the current developments in the latest changes and we are always on our toes with regards to latest circulars, exemption notifications etc. issued by the relevant government authorities with regards to changes or interpretation of the applicable tax laws governing the country.