ASSIST
Assist with tax advice and compliance aspects of setting up a new business
TAX SOLUTIONS
We understand return filing is not ‘file-it-forget-it’ service. Our processes ensure that we are there for you every step of the way – preparation, filing, assessment, scrutiny, liaison, rectification or refund.
We facilitate reconciliation of ITR data with 26AS, e-filing of ITR1, ITR2 & ITR4, TDS & service tax compliance, professional assistance for tax filing and tax planning, bookkeeping and audit services. Nobody else does it!
Manage
Advice on how to manage corporate tax residence and permanent establishment issues that might arise as a result of the activities of the business or its employees
Reviews
Undertake substance reviews and make recommendations for improvements where necessary
Why TaxWhizz?
Our tax specialists offer a comprehensive blend of tax advisory, tax litigation, regulatory and compliance services, helping you navigate through complex business matters.
We also advise clients on how to effectively navigate the myriad of tax, and regulatory issues in cross-border transactions to help manage compliance risks and potentially enhance returns.
Our goal is to minimise your business and personal tax exposure by means of legitimate planning and keeping you aware of the changing requirements of the taxation system in India and abroad.
Why you should file Income Tax Return?
To file an Income Tax Return is an obligation placed on every citizen of India by the Government. However besides this, there are various reasons, why you should file your Income Tax Return.
When you file Income Tax Return, you create your Financial Record with Tax department. This financial / tax history is positively viewed and favorably used by most agencies with whom you may need to interact, such as when you avail any kind of loan (home, personal, vehicle loan) or when you apply for VISA, etc.
Is it mandatory for me to file an Income Tax Return if I have a PAN?
a) You need to file an Income Tax Return if your Total Taxable Income exceeds the basic exemption limit before taking into account deductions, i.e., tax saving investments.
b) You do not need to file an Income Tax Return if your total taxable income does not exceed the basic exemption limit before taking into account deductions, even though you may have a PAN.
What are allowances? Are all allowances taxable?
Allowances are fixed periodic amounts, apart from salary, which are paid by an employer for the purpose of meeting some particular requirements of the employee. E.g., Tiffin allowance, transport allowance, uniform allowance, etc.
There are generally three types of allowances for the purpose of Income-tax Act – taxable allowances, fully exempted allowances and partially exempted allowances.
OUR ONLINE PROCESS
Upload Form 16 PDF
Enter Personal Information
Enter Salary Details
Enter Details for Claiming Deduction
Enter the Details of Taxes Paid
E-Verify
We are a sociable bunch and our new business comes primarily from recommendations & referrals from clients & friends who know how we work. We don’t think that salesmen should do all the talking for us and so we recommend that you speak directly to our clients to understand who we are and what we do. Our social media pricing is completely bespoke and is based on your current situation and your objectives.
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your project
We will help you to achieve your goals and to grow your business.