Tax Services

At CHR, we specialize in providing comprehensive tax services to assist our clients in navigating the complex landscape of taxation. Our team of experienced tax professionals is dedicated to offering expert guidance and support to corporate entities, non-governmental organizations (NGOs), firms, and individuals. With an in-depth understanding of the Income Tax Act 2023, we ensure compliance with the latest tax regulations while maximizing opportunities for tax savings and optimizing financial strategies. Our range of tax services includes:

• Consulting for Income Tax Computation and Tax Return Submission: We offer expert guidance in computing income tax liabilities for our clients, regardless of their entity type. Whether you are a corporate entity, an NGO, a firm, or an individual assessee, our team will diligently assess your financial records, analyze applicable tax laws, and compute accurate income tax figures. Additionally, we assist in the submission of tax returns to the concerned tax authority, ensuring timely compliance with all regulatory requirements.

• Consulting on Tax Deduction at Source (TDS) for Foreign Liaison Office/Branch Office/Company: For foreign liaison offices, branch offices, or companies operating in multiple jurisdictions, navigating the complexities of tax deduction at source (TDS) can be challenging. We provide specialized consulting services to ensure compliance with TDS regulations while minimizing tax liabilities. Our experts will guide you through the intricacies of TDS, assisting with accurate calculations, timely deductions, and compliance with reporting and filing obligations.

• Consultation regarding Recognition of Provident Fund/Gratuity Fund/Superannuation Fund: Corporate houses often establish employee benefit funds such as Provident Funds, Gratuity Funds, and Superannuation Funds to provide retirement benefits and financial security to their employees. Our team offers consultation services to help corporate entities understand the recognition criteria and tax implications of these funds. We provide expert advice on compliance with regulations, contributions, deductions, and withdrawals related to such funds, ensuring adherence to legal requirements while maximizing employee benefits.

• Consulting about Tax Holiday Benefits and Tax Exemptions: Tax holidays and exemptions can provide significant advantages to both corporate entities and individuals. Our tax professionals are well-versed in the provisions of the Income Tax Act 2023 related to tax holidays and exemptions. We provide comprehensive consulting services to help clients identify and leverage available tax benefits. Our experts analyze your specific circumstances, assess eligibility criteria, and develop effective tax planning strategies to optimize savings and minimize tax burdens.

• Tax Planning for Individual and Corporate Customers: Tax planning is an essential component of overall financial management. Whether you are an individual or a corporate customer, our tax planning services are tailored to your specific needs. We assist individuals in optimizing their tax position, minimizing tax liabilities, and maximizing deductions and credits. For corporate customers, we develop strategic tax plans that align with business goals, ensure compliance, and optimize tax benefits. Our tax planning services encompass various aspects such as income structuring, expense management, investment planning, and compliance strategies.