Faceless Assessment, Income Tax Consultant, Income Tax Return Filing, International Taxation, NRI Taxation, Tax Audit India, Tax Litigation Services, Tax Planning, TDS Compliance
Income Tax Consultancy and Litigation
Navigating India’s complex Income Tax landscape is a significant challenge for both corporations and individuals. The law is intricate, subject to constant amendments, and features a dual-regime system that demands careful strategic planning. Furthermore, the government’s shift towards a digitized, faceless assessment system has fundamentally transformed the dynamics of tax compliance and litigation. Innobrant’s Income Tax Consultancy and Litigation services provide comprehensive, end-to-end support to address these challenges. We combine proactive tax planning to optimize your liabilities with robust compliance services and expert representation to effectively manage assessments and resolve disputes, ensuring your financial interests are protected at every stage.
Benefits of Our
Income Tax Consultancy and Litigation
Service
Optimized Tax Liability
Our experts conduct a thorough analysis of your financial situation to devise tailored strategies that legally minimize your tax burden. We ensure you take full advantage of all eligible deductions (e.g., under Chapter VI-A), exemptions, and tax credits, making certain that you pay only what is rightfully due.
Assured and Timely Compliance
We guarantee accurate and timely compliance with all provisions of the Income Tax Act, 1961. This includes the precise filing of Income Tax Returns (ITR), Tax Audit Reports, and TDS/TCS returns, helping you avoid costly late fees, penalties, and interest that can arise from non-compliance.
Strategic Advisory for Informed Decisions
We provide high-level strategic advice on the tax implications of major business decisions, such as corporate restructuring, mergers and acquisitions, and international transactions. Our forward-looking guidance helps you structure your affairs in the most tax-efficient manner possible, aligning your tax strategy with your business objectives.
Expert Representation in Assessments and Litigation
Receiving a notice from the tax department can be a stressful and disruptive experience. Our team has extensive experience representing clients in all forms of tax proceedings, including scrutiny assessments (both faceless and traditional), appeals before the Commissioner of Income-tax (Appeals) and the Income Tax Appellate Tribunal (ITAT), and high-stakes investigation matters.
Effective Dispute Resolution
We develop robust litigation strategies, preparing detailed, evidence-backed submissions and arguing your case persuasively before tax authorities. Our primary goal is to achieve a swift and favorable resolution of tax disputes, thereby minimizing your financial exposure and allowing you to focus on your core business activities.
Our
Income Tax Consultancy and Litigation
Process
Step 1
Tax Planning and Advisory
Strategic Tax Planning: We work with you throughout the financial year to structure your finances and transactions for optimal tax efficiency. This includes providing a detailed analysis to help you choose between the Old and New Tax Regimes.
Corporate and International Tax: We offer specialized advice on complex issues such as transfer pricing regulations, Minimum Alternate Tax (MAT), and the application of Double Taxation Avoidance Agreements (DTAA) for non-residents and foreign companies.
Expert Opinions: We deliver well-researched written opinions on complex tax matters to support your decision-making, provide clarity on legal positions, and mitigate future litigation risks.
Step 2
Compliance and Return Filing
Return Preparation and Filing: We handle the meticulous preparation and e-filing of Income Tax Returns for all types of entities—including individuals, HUFs, firms, LLPs, and companies.
Tax Audits: For clients subject to a tax audit under Section 44AB of the Income Tax Act, we conduct the audit and file the required report in Form 3CA/3CB and the detailed statement in Form 3CD.
TDS/TCS Compliance: We manage all aspects of your TDS and TCS compliance, from accurate calculation and timely deposit to the filing of quarterly returns and issuance of certificates.
Step 3
Litigation and Representation
Notice and Assessment Handling: We manage all communications from the Income Tax Department, drafting and filing meticulous responses to notices and representing you during scrutiny, re-assessment, and other assessment proceedings.
Appellate Proceedings: We represent clients before all appellate authorities, including the Commissioner of Income-tax (Appeals) and the Income Tax Appellate Tribunal (ITAT). Our services include preparing all necessary legal submissions and arguing the case on your behalf.
Support in High Court/Supreme Court: We work closely with and assist senior counsel in preparing and representing cases before the High Courts and the Supreme Court of India.
Pre-requisites for Engagement
Pre-requisites for Engagement
Permanent Account Number (PAN) and Aadhaar details.
For return filing: Form 16 (for salaried individuals), bank statements, details of income from all sources, and proof of investments/expenses for claiming deductions.
For businesses: Audited or unaudited financial statements, books of accounts, and tax audit reports, if applicable.
For litigation: A copy of the notice or order received from the tax department, along with all related correspondence and supporting documents.
Deliverables
Filed Income Tax Returns (ITR)
The official acknowledgment (ITR-V) of the successfully e-filed return.
Tax Audit Report
The signed Tax Audit Report in the prescribed forms (3CA/3CB, 3CD).
Written Submissions and Appeals
Comprehensive, legally-vetted submissions for assessments and appeals, drafted to present your case in the strongest possible manner.
Tax Computation Reports
A detailed computation of your taxable income and final tax liability.
Strategic Tax Advisory Memos
Formal advisory notes on specific tax planning matters, providing clear guidance and recommendations.
FAQs
The optimal choice depends entirely on your income level and the deductions and exemptions you are eligible to claim. The Old Regime is generally beneficial if you have significant investments and expenses (like HRA, 80C, 80D). The New Regime offers lower slab rates but requires forgoing most deductions. We can perform a detailed comparative analysis to help you make the most financially advantageous decision.
First, do not panic or ignore it. Carefully read the notice to understand the reason it was issued and the specified deadline for response. It is highly advisable to consult a tax professional immediately to ensure a correct, complete, and timely response is filed to avoid potential penalties or adverse orders.
Faceless assessment is a system introduced by the government where tax assessments are conducted entirely electronically, without any in-person interaction between the taxpayer and the tax officer. This system makes meticulous digital documentation and clear, persuasive written submissions more critical than ever for a successful outcome.
Tax avoidance is the legal use of the provisions within the tax law to reduce one's tax liability (e.g., claiming eligible deductions). Tax evasion is the illegal act of not paying taxes that are rightfully due, often by concealing income or providing false information, which can lead to severe penalties and prosecution. Our services are focused exclusively on legal tax planning and avoidance strategies.
