Income Tax Assessment in Kerala
STANDARD PLAN
Drafting reply for notices with legal interpretations and case laws
Free Consultation
Drafting reply for notices with legal interpretations and case laws
Income Tax Assessment is the determination of Income Tax liability under the Income Tax Act and includes self-assessment, scrutiny assessment, Protective assessment, Summary assessment, best judgment assessment and Income Escaping Assessment. At times, the authorities may issue notices for defaults made and for seeking clarifications and you may need professional assistance to deal with them. Sometimes the issue may be resolved by drafting a reply to the notice and sometimes it may require representation with data/ report preparation and submission. However, ignoring these notices / demands from the authorities and not closing the issues on time may lead to serious repercussions in the income and exorbitant penalties. Contact your expert for Income Tax Assessment in Kerala
Related articles:
Which ITR to file | National Pension Scheme (NPS)
Related videos:
Let’s GRASP on INPUT TAX CREDIT | Impact of GST and Income Tax on Film Industry
You may be interested in
[print_vertical_news_scroll s_type=”classic” maxitem=”200″ padding=”10″ add_link_to_title=”1″ show_content=”1″ delay=”90″ height=”200″ width=”100%” scrollamount=”1″ direction=”down” ]
The notice sent by the authorities shall be analysed in detail to find out the issue.
The facts of details given in notice shall be checked with the underlying information.
Aadhar card of partner, proprietor, or director
Similar issues, case laws and applicable provisions shall be analysed in detail to make grounds for drafting the reply.
The reply shall be drafted by considering the data collected and legal interpretations.
The reply prepared shall be uploaded with supporting documents and the issue shall be closed.
The experts of Parpella are having a hands-on experience of more than 10 years in Income tax Assessment proceedings and are well equipped with the knowledge and skillset to solve assessment related issues. We are having a track record of saving Income Taxes to the tune of more than 5 crores through assessments. Contact us for your Company Registration in Kerala and Business Registration in Kerala today
