Services

TAX

Prothoma Consultancy offers clients a broad range of fully integrated tax services. We work closely with clients to deliver timely, high quality tax services to maximize tax-planning opportunities and find the right answers to the tax challenges in their respective industries.

Direct/Corporate Tax

To meet our objective Prothoma Consultancy offers its clients a broad range of fully integrated tax services.

Corporate tax retainer services (Where retainer is provided) :

• Review and submission of return U/S 108 & 75 A  • Advising on proper withholding tax and VAT from payment • Collection of TDS and VDS challan and submission • Preparation of monthly TDS & Salary TDS return and submission to the concerned authority  •Advising on proper withholding tax and VAT from payment • Collection of TDS and VDS challan and submission • Preparation of monthly TDS & Salary TDS return and submission to the concerned authority

Corporate tax return (Where retainer is not provided)

• Computation of Quarterly Advance Income Tax (AIT) and deposit to the same to Govt. Treasury • Income tax computation • return submission • Obtaining income tax clearance certificate

Assessment/ Appeal to CT:

• Assessment at DCT level • Revised assessment at DCT level after set aside by CT (Appeal) • Appeal against the order of the DCT • Appeal fled by the assesses against the order of the CT (Appeal) • Assisting client in fling reference application against the order of the Taxes Appellate Tribunal • Assessment of withholding tax return (if return u/s 75(A) is selected for Audit) 

Tax Advisory :

• Tax Health checkup • Tax Retainer Services • TIN registration • Transaction Compliance • Tax Consultancy

Tax Eemption & Approval :

• Provident Fund Exemption • Provident Fund Approval • Gratuity Fund Exemption • Gratuity Fund Approval, 

Personal Income Tax :

• Tax planning • Income tax computation • return submission

Indirect Tax

Local government is more concern to increase revenue through collecting indirect tax. Thus the regulations imposed by the authority is more rigid, which is made more difficult to manage the Indirect tax compliance now more than ever. Prothoma Consultancy has expertise to provide solution to its clients to face the indirect tax challenges.

Retainer Services :

• Monthly VAT return (Mushak 9.1) preparation & submission • Review of the transactions as to whether VAT is deducted as sources • Deposited to the Government exchequer on timely basis and to the right code of accounts

VAT Consulting :

• VAT Registration & address change • Revenue and VDS reconciliation • VAT assessment at various level (Assistant Commissioner/Commissioner/Appellate) • documents preparation & review • attending hearing on behalf of client

VAT Advisory :

• VAT health check up • Advice to client as per client requirement/questionnaire