Direct Taxation
Tax Consultancy
Continuous development and increasing complexities in economic environment lead legislators to bring rapid changes in Direct Tax Laws. We at RBA are providing in-depth and well thought Tax Compliance, Tax Audit and Tax Planning advice to our clients by analyzing the changes. Our professionals motive AS DEVOTED ADVISORS is as important as ever making us one of the best chartered accountant firms in Navi Mumbai. Whether are you thinking for a restructuring of your business or coming to terms with frequent changes in tax regulations, our professional team will admire you how to confront and navigate through those situations and provide with an accurate and deep insight to meet current business needs.
We at RBA as a tax consultancy advise our clients on major developments in taxation regimes occurring periodically and their effect on business keeping them updated with tax compliance and Tax audit. Apart, our multi-disciplinary Direct Tax Team helps you in corporate tax advisory and overall tax planning.
Corporate Tax Advisory
From an international perspective, it is generally believed that Indian Income-Tax Law offers a hostile reception. Further, with the introduction of concepts such as Indirect transfers, GAAR and others, the Tax challenge is likely to escalate. Therefore, RBA provides with a vivid professional service like accounting, Tax advisory, Tax planning, tax audit etc.,
We at RBA understand the impact of developments in tax and regulatory aspects and strategically use them to the benefit of business activities conducted by you by providing strategized financial decisions. Our services include the following:
- Designing Entry strategy to India from a tax and regulatory perspective
- Tax planning for corporate restructuring, amalgamation, demerger, and other major corporate moves.
- Tax planning strategies for profit and dividend repatriation.
- Legal opinion on Direct Tax Law and Procedures.
- Advising on withholding tax obligations on payments.
- Advice on corrective measures required under different Direct Tax statutes.
- Advice on structuring remuneration packages for employees and on cost saving opportunities so as to minimise the tax bill in the hands of employees and maximise their take home pay, and also ensure that the entire remuneration is allowed as business expenditure for the employer.
Representation Services
Representation Services are services wherein we represent the client before the various tax officials regarding their income tax matters. We appear and represent in all appeals and other proceedings including before the Income Tax Appellate Tribunal, Settlement Commission and Authority for Advance Rulings (AAR), Dispute Resolution Panel (DRP), etc. We effectively represent our clients before all layers of tax department which help taxpayers sail through tax assessments and scrutiny by the tax departments easily. RBA provides tax consultancy and tax advisory services which has assisted multiple domestic as well as multi-national clients with its well efficient Tax consultant team keeping their clients well updated with regards to tax compliance and tax audit making them one of the best chartered accountant firm in India.
Transfer Pricing
Determination of transfer pricing policy is an approach which brings certainty to the inter-company transfer pricing and also mitigates transfer pricing exposure in advance. Therefore, taking prior advice on any international transactions or specified domestic transactions with its associated enterprise, it is essential that the transaction is evaluated, structured and planned specifically considering the tax impact.
We at RBA have a team of specialists in accounting, taxation & law providing professional services like tax consultancy, tax audits all with the help of best tax professionals. This combination of specialist enables us to deal all the transfer pricing matters in a technical & innovative manner. Our Services include the following:-
- Transfer pricing Planning
- Transfer pricing Documentation
- Transfer Pricing Study Report
- Litigation Support
- Advice on all relevant matters.
Tax Compliance Services
Efficient maintenance of accounting records, unfettered payroll delivery and timely statutory compliances reduce risks, enable effective financial monitoring and control, and increase efficiency.
The Tax Compliances & Reporting Services we offer are:-
1) Tax Audits and Transfer pricing audit as per the provisions of the Indian Income tax Laws
2) Preparation and Review of corporate tax returns to ensure compliances with the Income Tax Act, 1961.
3) Payment of Tax On Employment and filing of Profession Tax Returns.
4) Monthly compiling of TDS from client records, timely deposit of taxes, filing of Quarterly E-TDS returns & issuance of Annual Certificate to Vendors. etc.
5) Help during tax assessment and scrutiny by revenue authorities
6) Obtaining PAN/TAN
7) Application for 12AA and 80G registration for NGO’s and TRUSTS
8) Calculating advance tax liability on behalf of client
Certification And Other Related Services
We at RBA undertake consultancy and certification services required for making foreign remittances according to the provisions of section 195 of the Income tax Act, 1961 or as per Double Taxation Avoidance agreements (DTAA). We also provide the services obtaining Lower TDS Certificate from the Income Tax Department.
The services of this category broadly include:
1) Opinion on Applicability of withholding tax on various foreign remittances as per Indian Income tax Act / DTAA.
2) Issuing Foreign Remittance Certificates (15CA/ 15CB) under the various provisions of the Income Tax Act, 1961.
3) We help in seeking of certificates from the income tax department for non/lower deduction of tax at source (TDS).
4) Representations before International taxation authorities regarding matters arising out of withholding tax on foreign remittances.
Providing Personal Assistants For Compliance Work
We understand that in some of the short assignment how difficult it is to appoint fresh employee, train them for assignment. We provide trained accounting consultant who will work at client workplace for particular assignment.
Personal Income Tax Planning
Indian tax law requires a tactical approach and a range of strategies so that you are well positioned for tax savings. RBA has an impeccable record of assisting their clients in vivid professional services. Our services include the following:
1) Tax Implication on each Transaction which involve Income element
2) Personal Tax Compliances Compiling and filing of Tax return
3) Advance tax calculations and deposit on quarterly basis and deposit of self-assessment tax and tax on regular assessments etc.
4) Replying to various Income Tax Notices, getting wrongly raised demand deleted and getting refunds, if any.
5) Advising individual clients to select best tax payment scheme as there are two options for individuals while making tax payments and filing tax returns in India.