What MMB & Associates Offers
- Preparation of return
- Tax assessments before authorities in India
- Consultancy in Tax matters & tax planning
- Foreign taxation consultancy
- Transfer Pricing matters
- Withholding tax compliance
- Income tax Appeals before CIT (Appeals) and ITAT
Filing TDS returns
What Is TDS?
TDS is one of the technique of collection of taxes in which a person making or crediting payment to someone has to deduct a certain percentage of amount from that amount. TDS is like a prepaid tax which is paid to govt. in advance. TDS amount is deposited by the Deductors to govt. account by the 7th of following month in which such amount is deducted. Since TDS is deposited by the Deductors to govt. accountant on regular interval, it ensures regular inflow of cash resources to the Government.
What MMB & Associates
Offers
- We provide End-to-end Online Filing of e-TDS Forms 24, 26, 27 & 27A as per NSDL guidelines
- New Payroll and database is created and Form 16/ 16A can be issued
- Proper care is taken to wipe out all errors of data re-entry & validation issues ( As per NSDL the digital format can only be accepted when it is error proof )
- Advisory Services.
- Outsourcing of TDS work for salary and other than salary
- TDS settlement
- Assistance in all legal matters Related to compliance of TDS/TCS provisions
- Assistance in claiming TDS refund.
- Clearing of TDS defaults
- Assistance in obtaining TAN no. u/s 203A
- Computation of TDS u/s 192, maintenance of employees TDS declaration on behalf of company.
- Generation of Form 16 & Form 12BA for individual Employees and 16A for other than employees
- Assistance in regards to obtaining short deduction of TDS certificate u/s 197 of income tax act 1961
- Preparation & Filling of Quarterly/Annual TDS Return of Salary (Form 24Q) and other than salary (Form 26Q) As per Income Tax Act 1961
- Assistance in building operating procedure for TDS
- TDS audit as per the requirement of client i.e. for salary and other than salary
- Vendor reconciliation for TDS
Certification work under various laws
One of the most rigorous & significant service of professional is issuance of certificates to its client required for various purposes under different relevant rules & regulation. Broadly, following types of certificates are being needed by the business houses based upon their constitution/ the privileges being be pleased by them under the law, financial arrangement with the financial institution, benefit & deductions to be claimed under statue and periodical compliance of relevant rules & regulation.
Commonly, following types of certificates are needed to carry on business activities in India:
- Certificates on the support of financial books of accounts and annual financial statements.
- Certificates on the grounds of statutory records being maintained under Indian Companies Act, 2013 and other applicable laws.
- Certification of statutory liabilities.
- Certification of Fare Values of Shares of Company for the scope of merger/de-merger, Buy Back, Allotment of further shares and transfer of shares from resident to non-resident.
- Certificates for foreign remittance to be made by resident in India to foreign entity outside India u/s 195 of the Income Tax Act, 1961.
- Net worth Certificates needed for the purpose of Bank finances, furnishing of Bank guarantee and issuance of Visa by Embassy.
- Certification of arm’s length price u/ 92 of the income Tax Act, 1961.
- Utilization certificates of various grants being discharge by Govt. of India to NGO’s, Statutory Bodies, Autonomous Bodies, and charitable organizations.
- Certificates for claiming various deductions & exemption under various rules & regulation.
- Certification under the Income-Tax laws for various deductions, etc.
- Certification for Transfer Pricing.
- Certification under the Indirect Taxes.
- Certification under Exchange Control legislation for imports, remittances, ECB,DGFT,EOU, etc
What MMB & Associates Offers
We have been undertaking certification work assignments beyond different industry sectors such. We have been strongly involved in all type of certification work. We honor ourselves on a practical, ethical and professional access to all certification work issues. Our role is to work in the best interests of our client, giving best opinion, avoiding conflicts of interest and acting with honesty at all times with the profession & tax authority with regard of ethical code of conduct. |