NMCO Corporate Tax services address the challenges thrown up by complex business environment in which the corporates operate. The Corporate Tax team provides advice and assistance across a spectrum of services relating to Tax Compliance, withholding Tax Advisory & Planning. Our services encompass on-call assistance, point solutions for complex transactions or business arrangements, due-diligence support in business re-organization and provide comprehensive assistance in addressing all Corporate Tax advisory and reporting needs on an ongoing basis.
We provide assistance in the entire sphere of Corporate Tax compliance ranging from computation of advance tax, preparation and filing of Corporate Tax returns, assistance with documentation requirements to support the planning and representations during the revenue audit. The services cover litigation support and representations before the Appellate, Tax Tribunals and Authority for Advance Rulings
Our specialist team stays abreast of developments on tax front, tax policies and key judicial pronouncements, thereby identifying threats and opportunities for providing innovative tax solutions to our clients.
• Consultancy on various intricate matters pertaining to Income tax.
• Effective tax management, tax structuring and advisory services.
• Tax Planning for Corporates and others.
• Designing / restructuring salary structure to minimise tax burden.
• Obtaining Advance tax Rulings.
• Obtaining No Objection Certificates from Income tax department.
• Obtaining PAN for assessees, employees etc.
• Advance tax estimation and deposit.
• Assessing the liability towards deferred taxes.
• Providing regular updates on amendments, circulars, notifications & judgments.
• Filing Income Tax and Wealth Tax returns for all kinds of assessees.
• Filing Income tax returns for employees of corporate clients.
• Liaison with Income tax department for rectification, assessment, obtaining refunds etc.
• Expertise in complicated direct tax assessments.
• Filing and pleading appeals under various provisions of IT Act.
• Advice on future tax implications in respect of the potential acquisition.
• Opinions on the various Double Tax Avoidance Agreement related issues.
• Advice on all matters related to compliance of TDS/TCS provisions.
• Obtaining Tax Deduction Account Number (TAN).
• Periodic review of TDS/ Withholding Tax compliance.
• Computation of monthly TDS.
• Monthly reconciliation of TDS due and deposited.
• Monthly deposit of TDS electronically/manually.
• Issue of monthly/annual TDS certificates.
• Filing of quarterly E-TDS/Manual Returns.
• Filing of Correction Statements.
• TDS assessment.