Why Choose Innobrant for Income Tax Consultancy and Litigation?

Innobrant offers expert Income Tax Consultancy and Litigation services tailored to help businesses and individuals navigate complex tax laws with ease. Our experienced tax professionals provide strategic advice, ensure timely compliance, and represent clients in tax disputes and assessments. We aim to minimize tax liabilities while ensuring adherence to legal obligations, reducing risk and exposure to penalties.

Benefits

Strategic Tax Planning: Optimize tax liability through informed strategies aligned with current laws.
Regulatory Compliance: Ensure accurate and timely filing of returns and adherence to tax regulations.
Effective Dispute Resolution: Expert representation before tax authorities and appellate bodies to resolve litigation matters.
Peace of Mind: Reduce legal exposure and avoid penalties with reliable consultancy and defense.

Steps/Process Involved

1. Initial Consultation: Understand the client’s financial position, tax obligations, and specific concerns.

2. Review and Planning: Analyze financial documents and design a tax strategy tailored to the client’s needs.

3. Compliance and Filing: Assist in preparing and filing income tax returns, advance tax calculations, and other statutory filings.

4. Litigation Support: Represent clients during assessments, audits, notices, and appeals before tax authorities.

5. Ongoing Advisory: Provide continuous updates and strategic advice in line with changes in tax regulations.

Pre-requisites

• Access to relevant financial records, past tax filings, and supporting documentation.

• Full disclosure of ongoing tax notices or litigation matters.

• Coordination with key personnel or accountants for timely inputs.

Deliverables

• Detailed tax planning reports and filing assistance.

• Representation letters and documentation for assessments and appeals.

• Strategic advisory reports on minimizing tax risks and liabilities.

• Legal support in responding to notices, summons, and tax authority inquiries.

FAQs

Q: When should I seek income tax consultancy?
A: It’s best to consult a tax expert at the start of the financial year or during major financial decisions to ensure proper planning and compliance.

Q: What happens if I receive a notice from the Income Tax Department?
A: Our team will review the notice, draft an appropriate response, and represent you in all necessary hearings or proceedings to resolve the issue effectively.