Category: Types of Tax Consultants

Audit Tax Consultants

Audit Tax ConsultantsTax audit is done by auditors under the section 44AB of the income tax act. In the case of non corporates, they are needed to get a tax audit report from an auditor or a chartered accountant. Currently there is a limit of About Rs. 4 million under the section 44AB of the Indian income tax act of 1961. This limit applies to every one whose revenue generated from his businesses is greater than the figure indicated above. A tax audit is basically a routine procedure that is carried out all over the country. There is no need to get anxious worried or paranoid about your tax audit.

The audit can be done because of some irregularity in the returns but more often then not the tax audit is carried out purely on a random basis. But you need not get worried for there are a large number of tax audit consultants who will offer you advice and consultation at this point of time. The income tax department may choose a policy of selecting random cases for tax audits. In such a case the tax payer is simply expected to bring in the required documents needed for the audit.

Audit Tax ConsultantsA tax audit consultant will help you get the papers in place, will decide what are the necessary documents to be produced and will ensure that the tax audit which gets conducted is a smooth procedure for the client. The tax audit consultants also have the knowledge of what ought to be done in such cases and hence are able to handle them in an efficient and smooth manner. Thus it will be advisable for you to contact a tax audit consultant in the case of a tax audit being done.

Certified Tax Consultant

Certified Tax ConsultantThe consultant that are certified or have some diploma in tax advisor practices are known as
certified tax consultant. A person can be self employed certified tax consultant by lawfully preparing personal income tax returns. A person should have 780 hrs or more in some nations for pre examination.

To become a certified tax consultant:

  • A person should have the proof that he/ she has worked for 780 hrs or more within 2 yrs within last five yrs of exams as a tax practitioner. An Employee Verification form along with fees and examination application form should be submitted by tax preparer.
  • A minimum 15 hrs or more of acceptable education is also an important criteria that an applicant must complete within 1 year prior of the examination
  • A person should complete 260 hrs of work with continuing studies so that there is a ration of 1:5 i.e. 1 classroom hour is equal to 5 hrs of work experience. If there is an application of renewal there is no work experience credited.
  • A volunteer verifying form is filled for validation by the candidate and basically checked by the volunteer’s supervisor. If this is not done a letter verifying number of hours volunteered is used.
  • A tax consultant examination of particular board should be passed by 70% in some states while 75% in other.

Certified Tax ConsultantIn India Chartered Accountant (CA) is the one who is licensed and certified for tax consultancy. A chartered account has a mere knowledge of the tax system and all the laws. The steps satisfied above are well satisfied in training of CA’s. He/ she are the one who is ace in taxation, accounting and internal as well as external auditing. Now-a-days they act as manager or general of a person’s or organization’s finance because he is the one who is only acceptable as an auditor in companies in India.

Online Tax Consultancy

Online Tax Consultancy Along with your tax consultants, parents, friends and other office colleagues the latest addition to this ever increasing list of tax advisors is none other than the online tax consultants. These include various sites, blogs, forums and other private tax consultancy firms which provide you with all the necessary information related to the Indian Tax system.

These sources equip you with a great chunk of data and information and also tell you everything about the various procedures pertaining to tax planning, tax saving as well as filing returns. Various online tax consultancy sites also provide you with links to many official sites pertaining to taxation. A few also offer tax calculators for calculation of your taxes and to assist you in determining the various returns.

Various websites of several newspapers and other business sites such as the Economic Times whose website is www.economictimes.com as well as other web sites such as www.hindubusinessline.com have dedicated sections for taxation. A renowned website called http://www.indiatimes.com/ettax/ has a separate chat area, tips on taxes where online tax consultancy is provided to people by free lancing tax consultants. Many other sites which offer information and tax consultancy are http://www.myiris.com/budget/individual.htm,

Online Tax Consultation There have several firms which have been established to provide their customers with online tax consultancy. One such firm is Ahuja Tax Consultant which is situated in the pink city of Jaipur. A few of the many services which they provide are 24 * 7 hours online tax consultancy, guidance on various topics such as customs, service tax etc. the website of this firm is www.ahujaconsultant.com

These sites are extremely important for young professionals who wish you learn and get more information about taxation or for people to plan out their pension and other retirement plans and have a long way to go.

Corporate Tax Consultant

Corporate Tax ConsultantThe corporate tax is direct tax; it is a type of an income tax applied to corporate, companies, industries or business. There are many corporate tax consultants available in India, these are as follows:

  • Deloitte:

It has more than 10000 professionals in independent firms throughout the world collaborate to provide consulting, audit, risk management, and tax services to different countries having different clients. Deloitte Touche Tohmatsu (DTT) is the mother of this company. It basically provides three basic types of services for solving tax problems, which are as follows:

    1. Achieving cash savings through tax strategies
    2. Tax responses to the global economic crisis
    3. Burning issues 2008

http://www.deloitte.com/dtt/home/0%2C1044%2Csid%25253D1000%2C00.html

  • Ernst & Young Pvt. Limited?:

It is a worldwide leaser of tax, advisory services and transaction services. There are 135000 people working totally in this company for solving people’s problem. In India it has 4500 employees in 8 different cities including Mumbai and Bangalore. The various services provided by Ernst & Young are Business Advisory Services, Global Tax Advisory, Transaction Advisory Services and Risk Advisory Services

http://www.ey.com/IN/en/Home

  • Company Formations India:

It provides many legal services, finance services, accounting services, VAT registration, and corporate law. Also helps in import export services.

http://www.companyformationsindia.com/

  • Ashok Bhasin & Associates:

It offers many services like tax consultancy, customs act 1962, FEMA 1999 and SEZ for NRI.

Address: 205, Tarun Enclave, Pitampura, New Delhi – 110 001 India

Phone No.: 25895998/25894899 Fax: 25895998/25894899

A tax consultant suggests many things to save tax like:

  • Corporate Tax ConsultantWriting off companies assets
  • Sponsoring retirement plan
  • Taking deductions on companies automobile
  • Health insurance
  • Claiming various expenses
  • Also child education

Self employment is main aim for business tax planning and owner should be aware of all the things that are saving tax.

Tax Consultant Companies

Tax Consultant CompaniesTax consultant companies have sprung up all over the country. Tax consultant firms can now be found all over the country in most of the major cities like Delhi, Mumbai, Chennai, Bangalore, Hyderabad, Kolkatta, Pune, Ahmedabad, Chandigarh, Nagpur etc. Tax consultant companies generally have a number of tax advisors or tax consultants who offer advice to clients seeking information.

The tax consultant companies may be specializing in certain fields as well like income tax consultant company, property tax consultant company, sales tax consultant company, professional tax consultant company, service tax consultant company, corporate tax consultant company any where across the length and breadth of India. You can have tax consultant companies which may be companies of an individual who has started a tax consultation company of his own. There are various good tax consultancy companies in the country located in different cities but you can find a few of the good tax consultancy companies in the country given below.

Some of the top tax consultant companies in the country offering various tax consultation are,

Jagriti Impex Consultants Pvt Ltd

Address:
131, Nit, Opp Banke Bihari Mandir, Railway Rd, Nh-5, Faridabad, Faridabad – 121002

Office :+(91)-(129)-4034230,4032599

Mobile :+(91)-9810256796,9971500576

Indiacorp Business Solutions

- www.indiacorplaw.com – 011 22021139 -

Contact : R.K Dhami

Mobile : 9417088310

Phone : 0172-2714189

Address : Hno. 3268 , sector 21 D, Chandigarh

website : http://servicetaxindia.co.in

DEEPAK SHAH & ASSOCIATES

Location :
ELLISBRIDGE, AHMEDABAD-380006 (Also serves Ahmedabad)

Call=  +(91)-(79)-66151181

Chamber Of Income Tax Consultants

Chamber Of Income Tax ConsultantsThe chamber of income tax consultants in India is a body of professional tax consultants. The main headquarters of this body is in Mumbai. The chamber was formed in the year 1926 and since then has been one of the oldest non profit organisations in the country for the last eight decades. The objective of this organisation is to educate and keep updating its members on the direct tax laws or any changes in the direct tax laws that have come about in the recent past. The organisation has more than 2500 people as a part of it. These professionals range from being chartered accountants, tax consultants, tax professionals, lawyers, paralegals, advocates and others. Some of the biggest names in the industry are a part of this organisation.

The chamber of income tax consultants or the CITC also releases an official news letter on a monthly basis. This news letter has the recent news happenings of the month as a part of it and it helps keep the members of the organisation aware and updated about the recent happenings or any changes in regulations that might have come about.

If you are looking to visit this chamber of income tax consultants then you can visit the following address.

3, Rewa Chambers, Ground Floor, 31,
New Marine Lines, Mumbai 400 020.
Tel: 2200 1787 * 2209 0423 * Fax: 2200 2455

And if you are looking to visit the web site of the chamber of income tax consultants then you can visit the following link in order to log on to its web site.

http://www.citcindia.org/

Service Tax Consultancy

Service Tax ConsultancyThere are a large number of Service Tax consultancy firms which are situated in the various big and small cities and towns of the country. A few of the Service tax consultancy firms which are present in India have been given below:

Agarwal Kamal Kumar and Associates, New Delhi

Location:

13 -B Netaji Subash Marg, Darya Ganj,

New Delhi,

Delhi, India, 110 002.

Commercial Advisor, Roorkee

Location:

492, Avas Vikas, Roorkee, Distric. Haridwar,

Roorkee,

Uttarakhand, India, 247 667.

Aggarwal Bansal & Sakhuja, Delhi

Location:

E- 211, Basement, Amar Colony, Lajpat Nagar- IV,

Delhi,

Delhi, India, 110 024.

Esource Global (group), Mumbai

Location:

D -312, Crystal Plaza, Link Road, Andheri West,

Mumbai,

Maharashtra, India, 400 099.

Shekhar Associates, New Delhi

Location:

C-645, Sarita Vihar,

New Delhi,

Delhi, India, 110 076.

Gupta Goel and Khanna, New Delhi

Location:

150A, Sant Nagar, East of Kailash,

New Delhi,

Delhi, India, 110 065.

Service Tax Consultancy Rishi Madhur and Company, Bangalore

Location:

504, 5th Block, Ranka Park, Lalbaugh Road, Richmond Circle,

Bangalore,

Karnataka, India, 560 027.

Jiya and Associates, New Delhi

Location:

65 A PH Complex 2nd Floor Vijay Block Laxmi Nager,

New Delhi,

Delhi, India, 110 092.

Anoop Agarwal And Co., New Delhi

Location:

1105/6, Hemkunt House 6, Rajendra Place,

New Delhi,

Delhi, India, 110 008.

Dagliya And Co., Bangalore

Location:

Unity Building , J. C. Road,

Bangalore,

Karnataka, India, 860 002

Taxation and Legal Services, New Delhi

Location:

90, Jagriti Enclave, I. P. Extension,

New Delhi,

Delhi, India, 110 092.

Suri & Sudhir, New Delhi

Location:

L-4 , Connaught Circus,

New Delhi,

India, 110 001.

Esource Global HR, Mumbai, Mumbai

Location:

D -312, Crystal Plaza, New Link Road, Andheri West,

Mumbai,

Maharashtra, India, 400 063.

G.K. Kedia & Co., New Delhi

Location:

2044/6, Chitra Gupta Road, Chuna Mandi, Paharganj,

New Delhi,

Delhi, India, 110 055.

Service Tax ConsultancyAccin Management Services, Inc., Coimbatore

Location:

No. 705 – 706, Dr. Radhakrishnan Road, Near Six Corner, Tatabad,

Coimbatore,

Tamil Nadu, India, 641 012.

Professional Tax Consultancy

Professional Tax ConsultancyThere are a large number of Professional Tax Consultants which are situated in various parts of the country. These Professional Tax Consultancy firms have been listed below:

K GANDHI ASSOCIATES

Address: Office No 7, Prestige Complex,

Above Mahesh Bank, Midc, Chinchwad,

Pune :411019

INDIA

Office : 020-27488891

Mobile : 9822639361

R N SHINDE & CO.

Address:

Market Yard, Shopping Complex,
Mahatma Phule Chowk,
Ahmednagar :414001
INDIA

Office : 0241-2355713

VIJAY S BORAGALLI

Address:

Royal Courts, Panch Bunglow,
Off No 22, Shahupuri,
Kolhapur :416001
INDIA
Office : 0231-2522311

ANANT A KATYARE

Address:

72-b, Jawaharnagar,
Shahu Sena Chowk,
Kolhapur :416012
INDIA

Office : 0231-2691208

PRAKASH SONAWANE AND ASSOCIATES

Address:

Athawale Chambers, Tilak Road,
Opp. Gavakari Press,
Nasik :422001
INDIA

Office : 0253-2581421
Mobile : 9422248171

ANIL B VAKHARIA

Address:

7/2, Shivdarshan,
457, Market Yard,
Pune :411037
INDIA

Office : 020-24261894,020-24267894
Mobile : 9823047744

JOSHI V N

Address:
1125, Sadashiv Peth,
Near Nimbalkar Talim,
Pune :411030
INDIA
Office : 020-24472369
Mobile : 9822333112

VARUN SYSTEMS AND SERVICES PVT LTD

Address:
1170/3, 4th Floor,
Above Hotel Surbhi, Jm Road,
Pune :411004
INDIA

Office : 020-25537864,020-25537885
Mobile : 9822506578

RAJARAM T GITE

Address:
Shop No.9, Sterling Tower, Near
Mathura Hotel, Agra Road, Dwarka,
Nasik :422001
INDIA

Office : 0253-2594491

S G ASSOCIATES

Address:
S.No.127,Mangal Arcade,Shop No.15,
Opp.Hotel Panchashil, Chinchwad
Pune :411019
INDIA

Office : 020-27441448,020-27454367
Mobile : 9422014467

Advance Consultants

Address:
House No-74,

Seva Ngr, Meeruth Rd,

Ghaziabad,

Ghaziabad – 201010

Office: +(91)-9811570678,9312457981

Professional Tax Consultancy Jagriti Impex Consultants Pvt Ltd

Address:
131, Nit, Opp Banke Bihari Mandir, Railway Rd, Nh-5, Faridabad, Faridabad – 121002

Office :+(91)-(129)-4034230,4032599

Mobile :+(91)-9810256796,9971500576

Property Tax Consultant

Property Tax ConsultantAs the name suggests Property tax is the tax that an owner of a property has to pay. The property tax thus depends on the value of the property. In India property tax is collected on an yearly basis from the owner of the property. Thus if you lease out a property to a tenant it is still you who is liable to pay the property tax and not the tenant living in the house. This law is different from the law in many western countries.

A property consultant is a person who advises people regarding the property tax which needs to be paid to the government for the property owned by some one. The property tax is generally expressed as a percentage but in certain cases is also expressed as a permille that stands for amount of tax which needs to be paid to the government per thousand currency units of property. What a property tax consultant does for you is extremely useful. Property tax consultants cater to both individual clients as well as large corporates.

Property Tax ConsultantThus property tax consultants can deal in residential properties, commercial properties as well as land. Property tax consultants thereby help their clients in filing their property tax returns to the government. Since the property tax consultants have the knowledge of poverty tax on the whole, they are able to help their clients in reducing the amount of tax that needs to be paid and also the amount of time needed in order to file the property tax returns thereby helping the clients in filing the right amount of property tax and before the required deadline of filing the tax.

Income Tax Consultant

Income Tax ConsultantIncome tax is nothing but a tax which is levied by the government of a country on the income that professionals, corporations or other legal entities in the country. An income tax consultant or an income tax advisor is nothing but a person who helps you in filing your income tax returns every year. Income tax consultants can start their companies or firms or can also cater to their clients individually. Income tax consultants are in great demand as companies and large corporations need their advice while filing their income tax returns to the income tax department.

In the case of companies the tax levied by the income tax department on the profits made by the company is also referred to as the corporate tax. The main objective of income tax consultants is to recommend to their clients as to how to file their income tax returns in the best manner possible. Hence the income tax consultants should have thorough knowledge of how the income tax is to be deducted from a person or a company’s income.

Income Tax ConsultantThus the understanding of which income tax slab the person’s income falls under. The parts of the income which are taxable or non taxable, the components of the income which can be made non taxable by producing relevant documents are a few things which the income tax consultant helps out with. Another important thing that the income tax consultant helps you out with is filing of the income tax returns before the deadline else you may be asked to pay a certain fine. Hence the tax consultant should have the knowledge of such things and he should be able to suggest to his or her client the best possible way of filing income tax returns to the income tax department.

WordPress Themes