Direct Taxation

Direct tax by its name specifies that the liability of tax has to be borne by the person himself. Some of the direct taxes applicable in India Income Tax, Professional Tax etc. In Direct Tax domain our services ranges from PAN card Application, calculation and Payment of Advance Tax, Preparation of computation of Income and filing of ITR based on that, ITR refund services, Corporate Tax filing, Audit as per the Provisions of Income Tax Act, 1961, TDS matters and opinion thereon, Compliance services such as 80G registration, 12AA registration, Equalisation Levy and so on.

Service area:

• PAN Services: Our services include application for New PAN, duplicate PAN etc.
• ITR Filing Services: Our services include preparation of ITR form and filing with Income Tax Website. After filing you will be provided a copy of acknowledgement (ITR V). We file returns for Individuals, HUF, Partnership Firm, Company and Trusts.
• Tax planning & Payment: Here the scope is wider where we start with monitoring of accounting transactions on a monthly basis, calculation of profitability, assessment of advance tax to be paid and assistance in payment of them.
• TDS Compliance: TDS and TCS is a significant area to look upon. Non-Compliances attract huge amount of penalty and Interest. We help in timely filing of TDS and TCS returns on quarterly basis along with generation of generation of Form 16/16A.
• IT Reply Preparation & Submission: Since the upgradation of IT infrastructure of Income Tax Department, the barrier of physical appearance in front of Tax Authorities are no longer in existence. We, at Valid Logic, provide holistic solutions and services in the matter of notices and intimations issued by the Income Tax Department.
• 80G Registration: Section 80G is of utmost importance for Charitable Trust registered with the Income Tax Department. People tends to donates to 80G registered trusts. We offer 80G registration to Charitable Trusts regardless of the location in the country.
• 12AA Registration: As per the provisions of Income Tax Act, 1961, any trust registered u/s 12A/12AA of Income Tax Act, 1961 are allowed tax exemption to an extent of 15% of net income received during the year. Since the benefit is in bigger in term so there are certain complexities in getting 12A/12AA registration which we will help to get resolved and you will be registered in shorter span of time.