C B M & Associates LLP

Business Taxation

DIRECT TAX
Direct tax consultancy together with innovative tax efficient strategies helps our clients to attain the desired goals. We adopt a “Goal oriented approach” which is flexible and emphasizes delivery and value (minimizes the tax burden).

INCOME TAX, WEALTH TAX & WITHHOLDING TAXES
  • Advising on Income Tax, Wealth tax Planning.
  • Advising & reviewing of all necessary tax withholding responsibilities.
  • Advising all financial subjects which are of your interest and keeping you updated on the new amendments, circulars, notifications & judgments.
  • Verification of all payments to vendors for the purposes of determination of correct application of rates and category for deduction of withholding taxes.
  • Computation of monthly TDS on the basis of above.
  • Monthly tax reconciliation of the TDS due and deducted.
  • Preparation and deposit of Monthly challans on or before the statutory due dates.
  • Filing of quarterly E-TDS Returns.
  • Filing annual Income Tax & Wealth Tax Return.
  • Issuance of Chartered Accountant certificates u/s 195 required for the Overseas Remittances purposes from time to time.

INDIRECT TAX,
Goods and Service Tax (GST) is an indirect tax imposed on the supply of goods and services. It is a multi-stage, destination-oriented tax imposed on every value addition. We are Providing following services under GST compliances:

  • Compiling and calculating the net GST on output supply and services after taking benefit of Input Credits.
  • Compiling the data of Input Credits for Goods and service tax.
  • Preparing & Filing of GST tax Returns.
  • Advising on the issues relating to GST.
  • Consultancy on the maintenance of prescribed records/Statutory Records.
  • Tax Planning as regards the minimization of GST Liability.
  • Assistance in claiming input tax credit.
  • Assistance in furnishing tax returns and claiming refunds.
  • Advice on the legal aspects of GST
  • Rendering advice on the wide range of issues in relation to tax invoices and retails invoices.
  • GST Audit and Compliance Reviews
  • Helping with audit of accounts necessary for a registered dealer.
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