Income Tax Advisory and Compliance in India

Get Professional Assistance for Income tax Advisory and Compliance in India

We at IMC Group, are a leading provider of registration services in India. We can help you with Income Tax registration in India for a cleaner and more transparent functioning of your business transactions.

Income tax is an annual tax on the income. It is regulated by the Central Government and its applicability and rates differ for various types of ‘person’ like partnership firms, companies, and so on. The Income Tax Act makes it mandatory to file regular income tax returns if your income in the previous year is more than the threshold limit.

The tax policies, regulations and rates change from time to time, hence it becomes imperative that you remain updated with all the recent amendments in the tax structure. An income tax expert can help you in optimizing tax incidence, advice on appropriate strategies to mitigate tax exposure and do a better tax planning for your business.

Services We Offer

Apply and Get PAN Number

We offer services for getting Permanent Account Number for our clients. This 10-digit alphanumeric number is a pre-requisite to file your income tax returns. Some other uses of PAN are for:

  • Correspondence with Income Tax Department
  • Submission of Challans for various tax payments
  • Verification of identity of the assessee for Income Tax purposes

Filing Annual Return

All companies whether public or private are required to file an annual return with the Ministry of Corporate Affairs (MCA). The annual return is required to be filed in FORM MGT 7 within 60 days from the date of the annual general meeting. In case of default in filing annual returns by a company, there is a strict penalty. IMC Group can manage your annual returns so you are legally covered at all times.

Apply and Get Tax Deduction and Collection Account Number (TDS / TCS)

TAN is essential if you are providing services, say, for example, contractual payments, salary, or consultancy fees. Tax is required to be deducted from such payments and paid to the government on behalf of the assessee. TAN is required to be quoted on all challans and certificates like TCS return, e-TDS, TDS/TCS payment challans, etc.

Advice on Income Tax Matters during Merger and Acquisition

Merger and Acquisition involve complicated issues that require the expertise of a professional to deal with. IMC Group can assist and provide advice in effectively navigating through the income tax matters to help manage your M&A options. We can advise on the tax benefits of financing as well as other alternative buying or selling strategies.

Advice on Capital Gains Tax

We can advise you on claiming all valid deductions and reliefs for reducing your capital gains tax assessable. We will help you structure investments for tax-efficient income and long-term gains. We will also keep you updated with the latest legal and tax amendments applicable to capital gains

IMC Group can cater to your income tax needs by assisting you in managing your business in an efficient way. The diligent efforts of our competent team of consultants have assisted us in achieving the trust and continued business of our esteemed clients. We can help your business to maximize its value by providing our value-added services.

Get in touch with us if you wish to avail any of our registration services in India.

Just drop your email id and contact number. We will get in touch with you.