ITR Filing & Services

TDS Returns

We offer following services for filing of TDS Retruns :
1. TDS Return preparation and filing
2. Advising on TDS Matters
3. Issuing of Forms 16 / 16A
4. Representation with Income Tax Officer

For assistance on TDS Returns please click here

PAN and TAN

Permanent Account Number (PAN) is unique alphanumeric combination issued to all juristic entities identifiable under the Indian Income Tax Act 1961. It is issued by the Indian Income Tax Department under the sponsorship of the Central Board for Direct Taxes (CBDT). It is almost equivalent to a national identification number. It is a must to have a PAN number for all those who file their income tax returns, because from 2005 onwards, it has been made obligatory by the Income Tax Department to quote the PAN on return of income as well as on all correspondence with any income tax authority in the country.

Now, it is also necessary to quote PAN in all documents pertaining to financial transactions notified from time to time by the Central Board of Direct Taxes, such as sale and purchase of immovable property or motor vehicle or payments in cash, of amounts exceeding a certain limit to hotels and restaurants, or in connection with travel to any foreign country. It is also mandatory to mention PAN for obtaining a cellular telephone or telephone connection.

TAN or Tax Deduction and Collection Account Number is a 10 digit alpha numeric number required to be obtained by all persons who are responsible for deducting or collecting tax. It is compulsory to quote TAN in TDS/TCS return (including any e-TDS/TCS return), any TDS/TCS payment challan and TDS/TCS certificates.

Under the Income Tax Act,1961, every person making payment or crediting income of specified types to another person is required to deduct a specific proportion of amount payable/creditable at the time of making payment or giving credit, whichever is earlier and deposit the sum so deducted i.e. TDS. Prior to making any such deduction, every such person shall have to apply to the Assessing Officer for allotment of a tax deduction account number (TAN) under section 203A of the Income Tax Act.

Any organization deducting tax at source is required to quote the TAN in the following documents:

1. All challans while depositing the tax so deducted.
2. All certificates issued against the tax deducted.
3. All returns furnished in respect of tax deducted at source.
4. All other documents pertaining to such transaction as may be prescribed.

For assistance on PAN and TAN please click here

Excise & Custom

Excise Tax is more commonly known as Excise Duty and is one of the most known forms of taxation in India. Any manufacturer of excisable products is legally responsible to pay this tax and is levied on a wide variety of goods manufactured in India.

Central excise revenue is the major single source of revenue for the Government of India. The Union Government tries to accomplish different socio-economic objectives by making appropriate adjustments in the scope and quantum of levy of Central Excise duty. The scheme of Central Excise levy is suitably tailored and adapted to serve different purposes of price control, adequate supply of necessary commodities, industrial growth, endorsement of small scale industries and like authority for collecting the Central Excise duty.

The Basic Excise Duty is charged under the Section 3 of the Central Excises and Salt Act, 1944. According to this all excisable goods other than salt produced or manufactured in India, has to pay the rates given in the schedule to the Central Excise Tariff Act, 1985.

We provide services to register for central excise tax. The following documents are required:
1. Proof of identity such as Electoral photo Identity card/Islander Identity card/ Family Identity card/Passport/local certificate.
2. Court fee stamps worth Rs. 25/-
3. Introduction letter from two different CST holders
4. Rent receipt / agreement of the building/premises.
5. Copy of order stating the land to be Commercial or recent copy fo Form-F issued by Revenue authority stating the land to be commercial.
6. Statement of Bank account of the applicant.
7. 1st inter-state purchase bill and supporting documents.
8. Sale bil of the item for which CST has been applied for.
9. Item list for which CST has been applied for.
10. Distributor ship/dealership certificate, if any.
11. Photograph of the Business premises.

Once the registration process is complete we also provide services to file excise tax returns. We also provide consultation services related to excise tax.

We have answers to all your questions related to excise tax.

For assistance on Central Excise please click here