Tax plays a crucial role in the operations of both organizations and individuals. Recognizing the importance of effective tax management, we provide a comprehensive range of services to assist you in all aspects of taxation. Whether it’s compliance, litigation, or advisory, our team is well-equipped to handle critical tax issues in today’s complex tax environment. Our team consists of dynamic professionals specializing in tax, supported by seasoned partners with extensive experience in taxation matters.
Our Services
- Tax Planning Strategies: Our professional team designs custom tax planning strategies to optimize tax incidence. By applying tax incentives, tax holidays, and benefits, and identifying applicable deductions as notified by the government, we help reduce your tax burden.
- Preparation, Review, and Filing of Returns: We handle the preparation, review, and filing of both corporate and non-corporate returns, including e-returns, ensuring accuracy and compliance with tax regulations.
- TDS Compliance Services: We offer comprehensive TDS compliance services and return filing to ensure that all tax deducted at source is properly managed and reported.
- Appearance Before Income Tax Authorities: Our team represents clients before income tax authorities, managing assessments and appeals effectively to safeguard your interests.
- Representation Before Judicial Authorities: We provide expert representation before judicial authorities during assessments and appeals, ensuring that your case is presented with utmost diligence and expertise.
- Assistance in Preparing Submissions: We assist in preparing detailed submissions required by various authorities, ensuring all necessary documentation and arguments are well-presented.
- Exemption Certificates and Approvals: Our team assists in obtaining exemption certificates and necessary approvals, facilitating smooth and compliant operations for your business.
- Coordination with Legal Counsels: We coordinate with legal counsels to provide integrated and comprehensive tax solutions, ensuring all legal aspects are covered.
- Conducting Tax Compliance Reviews: We conduct thorough tax compliance reviews to identify and rectify any discrepancies, ensuring that your organization remains compliant with all tax regulations.
At M S Chambyal & Associates, our goal is to provide expert tax advisory services that help you navigate the complexities of the tax environment, optimize your tax liabilities, and ensure full compliance.
GST Advisory
“Indirect tax is a maze of various statutes and regulations.”
In today’s ever-changing and dynamic business environment, the newly adopted GST regime presents numerous small and large changes that can make compliance challenging. To navigate these complexities effectively, we offer the expertise of professionals with in-depth knowledge and hands-on experience across diverse industry sectors. Our team is dedicated to helping you plan and structure your business to achieve fiscal efficiency and ensure compliance with all regulations. We recognize the importance of effective tax planning and timely compliance to avoid any unwanted governmental interventions.
Our Indirect Taxation Services are provided in the following categories:
Advisory Services
- Formulating Tax-Efficient Business Models: We help design business models that minimize tax incidence.
- Structuring Contracts and Transactions: Optimize tax outcomes by structuring your business deals effectively.
- Conducting Tax Impact Assessment Studies: Understand the tax implications of your business operations.
- Comprehensive Business Operations Review: Identify and rectify potential compliance issues.
- Advising on Classification, Valuation, and Applicability of Taxes: Ensure correct tax treatment of transactions and eligibility for tax benefits/exemptions.
- Identification of Fiscal Optimization Opportunities: Discover ways to improve your fiscal efficiency.
Compliance Services
- Customized Compliance Manuals and SOPs: Develop tailored standard operating procedures to ensure thorough and consistent compliance checks.
- Centralized Coordination: Serve as a single point of contact for tax payments, filing returns, and document compilation.
- Indirect Tax Compliance Support/Outsourcing: Provide ongoing support or fully manage your compliance needs.
Other Services
- Cenvat/Input Tax Credit Review: Assess and optimize your input tax credit claims.
- Due Diligence Review: Conduct thorough due diligence to identify potential tax issues.
- GST Change Management and Transition: Assist with managing changes and transitioning to the GST system.
- Review of Indirect Taxes – Special Audits: Perform specialized audits to ensure compliance.
- Litigation Support and Representations: Provide support and representation in tax disputes.
Trainings and Workshops
- Tailored Training and Workshops: Offer customized training sessions for employees and vendors to enhance GST understanding and compliance.
- Sector-Specific Training: Provide industry-specific training from experts.
- Assisting IT Teams: Help IT teams develop GST-compliant systems.
At M S Chambyal & Associates, we are committed to helping you navigate the complexities of the GST regime, ensuring compliance while optimizing tax efficiency. Our comprehensive services are designed to meet the unique needs of your business, providing you with the expertise and support necessary to succeed in today’s regulatory environment.
