We cover the following aspects of Direct Tax Law in India :-

Taxability

• Applicable tax rates including special tax rates on specified incomes
• Alternate tax regimes for all assesses and its implications
• Calculation of taxable income from Business, Salary, Capital gain, house property and other sources
• Taxation of Dividend and deemed dividend
• Taxation in case of Amalgamation and Demerger
• Adjustments on account of Income Computation and Disclosure Standards (ICDS)
• Applicability of presumptive tax rates and tax audit
• Taxation of Partnership firms and transactions between firms and partners
• Taxability of Virtual Digital Assets (VDA)

Exemptions and Deductions

Exemptions and Deductions available from specific heads of income

• Deductions under Chapter VI
• Exemptions under Chapter III

Tax Liability

• Applicability of Minimum Alternate Tax (MAT)
• Advance tax liability
• Tax deduction/collection at source
• Clubbing of Income
• Set off and Carry forward of losses
• Applicability of General Anti Avoidance Rules (GAAR) and Impermissible Avoidance Arrangement (IAA)
• Tonnage Taxation

At Vishnu Aggarwal Associates, we provide income tax consultancy to help individuals, Hindu Undivided Families (HUFs), Associations of Persons (AOPs), Partnership Firms, Companies, and other entities manage their tax obligations. Our services include personalized tax planning to suit your financial needs while ensuring compliance with tax laws. We stay updated with the latest regulations to develop strategies aimed at optimizing tax liabilities and simplifying the complexities of income tax. With our support, you can focus on your priorities while we address your tax concerns effectively.

Following is the list of returns under Income Tax Act that we provide help with :-

Category : Income Tax Returns

Category : TDS Returns

Form 26AS plays an important role in ensuring accurate tax filings. At Vishnu Aggarwal Associates, we offer 26AS reconciliation services to resolve discrepancies and help you maintain accurate tax records. If you identify errors in your Form 26AS, we provide assistance in rectifying them. Our process ensures that your income and deductions are correctly reflected, giving you confidence when filing your returns.

This will give you following benefits :-

• Hassle free TDS reconciliation
• Timely report on exceptions and mismatches in books of accounts and 26AS
• Cost savings and better cash flows in terms of legally compliant TDS utilisation
• Saving of band-width on inhouse reconciliations
• Avoidance of litigations and implied costs
• MIS for timely actions on lost credit

Businesses operating across borders face unique challenges related to transfer pricing and international taxation. At Vishnu Aggarwal Associates, we assist in creating transfer pricing documentation and conducting audits to ensure compliance with both domestic and international tax regulations. We work with businesses to develop strategies that minimize tax risks and align with their operations.

We also offer guidance on international tax matters, including cross-border transactions and double taxation avoidance. Our team helps optimize your tax position across jurisdictions while ensuring compliance with global tax requirements. With our support, you can address the complexities of international taxation and focus on expanding your business globally.

We cover the following aspects of Transfer Pricing and International Tax laws :-

•  Evaluation of associated enterprise
• Computation of Arm’s length price
• Transfer pricing study
• Assistance in transfer pricing audit
• Evaluation of residential status of various assesses
• Taxable income of Non-residents
• Relief available under Double Taxation Avoidance Agreement (DTAA)