A
company has to deal with a lot of paper work for service tax
compliance. The service providers take the entire work and help the
client to concentrate on the business. The service tax is the tax on
the services and is an indirect tax. The provisions of the service
tax are mentioned in the finance act 1994 ,chapter 5. it is
administered by the central excise department.
Generally,
the sevices provider provides a lot of services
under the service tax consultations. These services range from
registration to filing returns and getting the assessment done. The
other services are maintaining a
proper
record, doing proper accounting services for the services tax,
compilation of data, computation of service tax payable, filling of
returns on the period basis
as per the law, and advisory services. The service provider also
represents the client before the tax and appellent
authorities. It is highly impossible to keep track of the recent and
frequent changes in the service tax law. The
Service
tax registrations in Gurgaon are
necessary as they do the due diligence under
the CENVAT credit rules and regulations for compliance with law. The
firm outsourcing the services need not worried about the services, as
they can keep the focus on business and trade.
Similarly,
in the case of income tax consultations, the various schemes are
mentioned to the individuals to save the income tax and also take the
services of companies offering the life insurance and other such
products. Besides giving knowledge on the best products and plans
that can save a lot of money under various sections to the client,
the services provider also helps the client to file the income tax &
TDS return , get the best advice on the tax planning, tax refunds,
the maintain the tax records, and also interacts with the income tax
authorities on behalf of the client. And if the case arises,
Income Tax Consultant in
Gurgaon ,
files an appeal before the income tax commissioner ( appeals ). The
experts of the consultancy firm also help the client to take
advantage of the latest opportunities to manage the income tax
matters in the most efficient manner. The services are vital as it
helps the client to take care of all matters related to the income
tax law and at the same time help the client to do comply with income
tax law of the land.
