- Financial Statement Audit
- Forensic Audit & Fraud Investigation
- Governance, Risk & Compliances
- Accounting Advisory
Planning your income taxes carefully is the backbone of managing your wealth.
You must comprehend the constantly changing income tax laws and regulations that affect however much tax you pay in today’s environment. Knowing all of your alternatives for strategic planning will put you in a position to pay just what you owe and retain more of your money in any situation, regardless of how tax policy plays out.
We collaborate with individuals, families, entrepreneurs, and professionals, and we provide specialized tax advice to match your particular circumstances. We offer a comprehensive analysis of your present taxes, income sources, and the influence of shifting tax legislation and economic variables on your tax situation. You acquire a plan that works with your own goals, such as any income, estate, or business succession plans you may have that could affect your tax obligations.
In order to maintain your adherence with your mandatory returns, exposure, and documentary duties – in addition to that – our qualified tax specialists are prepared to offer support in the following areas.
- Business tax management, preparation, and health checks.
- Help with company tax calculations taking into account tax returns, monthly advance tax calculations taking into account the impact of Income Computation and Disclosure Standards (ICDS).
- Assisting in the completion of withholding tax returns and checking the relevant tax withholding compliance requirements.
- Assistance with tax registration, acquiring a certification of lower tax liability, etc.
- Assistance with ledger book preparation, tax reconciliations, tax provisions for statutory accounts, and communication with auditors.
- Reporting and analyzing deferred taxes for both standard reporting requirements and determining the deferred tax effects of particular planning and transactions.
- Daily query resolution on call.
Litigations & Representation:
One of the most difficult moments for any company is when it must deal with a severe dispute, investigations, or litigation. It’s crucial to have reliable advisors you can rely on during these trying times. And during the appeals process, I.P. Pasricha & Co. assists organizations in addressing a variety of lawsuits, inquiries, and regulatory challenges at various levels. In ongoing or possible legal procedures before a court, regulatory agency, or government entity, our team offers thorough representation and litigation support services. We help people respond to legal difficulties by utilizing our financial knowledge, commercial know-how, and legal process understanding while carrying out each task.
Our primary services include:
- Helps in preparing and submitting tax submissions, as well as assistance with tax litigation strategy.
- Providing representation for appeal proceedings before the Income Tax Appellate Tribunal (ITAT) & the Central Income Tax Tribunal (Appeals).
- Support in preparing advance ruling applications and representation before the Authority for Advance Rulings (AAR) in order to settle a tax dispute.
- Tax refunds, penalty proceedings, and stay of demand issues are represented before revenue authorities.
- Providing search and seizure representation to clients.
- Preparation and representation of appeals/petition before High Courts and Supreme Courts.
- Tax dispute settlement through the Settlement Commission.
Providing you with tax advisory services, I.P. Pasricha & Co. can reduce your tax exposure and highlight the risks associated with constantly evolving and increasingly complex laws. In addition to providing timely information and independent advice on tax regimes in India and around the world, we provide insight into tax regimes in India and around the world as well.
A solution-oriented approach is designed to help our clients understand and minimize tax challenges businesses face, so that you can focus on your core business and SAIL FREELY. We work with dynamic companies and provide tax advisory services to develop bespoke tax-planning strategies based on their specific business structure.
We offer the following services:
- Advice on both domestic and foreign tax issues, including cross-border operations.
- Tax planning advice for agreements to be made between several parties.
- Assistance with business structuring/restructuring.
- Investing Money and Organizing Capital.
- Tax advice on proposals that should be included in the tax return.
- Fiscally sound suggestions for business reorientation.