Income-tax

We see a constant change in the tax scenario in the country, and the complexities have also increased in diverse ways.

An expert income tax consultant can help you at this juncture to avoid any tax non-compliance and the resulting penalties or notices. As a trusted income tax advisor, we assure you the best income tax consultancy services in Ahmedabad with our skilled team of income tax experts. Our trained income tax consultants facilitate services such as tax planning, computation of income tax, tax returns filing, TDS calculations and returns efiling, representation before tax authorities, and tax advisory for you.

Services

Taxation

Corporate Tax

A direct tax imposed on the income of the company is called a corporate tax.
Our team includes expert corporate tax consultants with rich experience in corporate tax and the related regulatory matters. We provide corporate tax services including, tax planning, tax compliance, tax returns filing, advisory services, and representation and litigation services in income tax matters faced by companies. KMS’s insightful corporate tax consulting services address your corporate tax-related issues and challenges and give you the much-deserved peace of mind. Our technique to having satisfied clients is through a holistic approach of providing corporate tax advisory services starting from an understanding of the business of the client to filing returns and handling the litigation matters. We go through each step, supporting the clients from start to finish to ensure the planning and implementation of effective corporate tax strategies.

The corporate tax clauses mentioned in the Indian Tax Laws are complicated and trying for an ordinary person to understand and apply. In addition to the tax payments, there are other concerns of strategic tax planning, satisfactory compliance with tax authorities, and accurate financial reporting of taxes, all of which require a profound understanding of income tax act 1971, and related rules and regulations. Whether a company is a first-time taxpayer or a long-time taxpayer, it can immensely benefit from our business tax advisory services.

Transfer Pricing

Businesses, which operate globally, face higher risks due to exposure to multiple jurisdictions and multiple laws.
There are many intercompany transactions, which make transfer pricing planning, related tax structuring, documentation, risk assessment, compliances, and litigation services a critical requirement for global businesses. The expansion of the global markets has made transfer pricing a general phenomenon rather than a one-of-a-kind. KMS is one of the leading transfer pricing services providers. Our experience in transfer pricing matters, combined with our professional approach, helps the clientele handle such transactions smoothly without any glitches.

Expatriate Tax

Our customized solutions for expatriate services include advising and assisting at each stage of the inbound and outbound expatriates:
  • Advising on inbound and outbound deputation and secondment arrangements
  • Advising on tax-efficient compensation structuring (including perks, allowances, etc.)
  • Employee incentives including ESOPs and phantom stocks
  • Social security contributions and implications under agreements
  • Taxation of global non-residents
  • Implications under foreign exchange control regulations
  • Indirect taxes, labour laws, black money act and various applicable regulations
  • Drafting of deputation / secondment agreements
  • FRRO registration within 14 days of arrival in India
  • Obtaining Permanent Account Number (PAN) in India for the deputed / seconded employee
  • Obtaining Aadhar Card number, if deputed / seconded employee to be resident in India, if required
  • Assistance in obtaining Digital Signature Certificate (DSC)
  • Obtaining an exit permit from FRRO at the time of departure from India
  • Assistance in obtaining a No-Objection Certificate (at the time of departure from India) from Income-tax authorities