Tax Services
Your Trusted Partner
We provide assistance in the following areas:
- Providing periodical tax calculations and facilitating return filings
- Implementing tax process and controls
- We are providing customized MIS reporting about tax impact assessment and consequences.
- Monitoring and mitigating Tax risks
Wе have provided tаx-рlаnning and compliance ѕеrviсеѕ tо our clients, for over 4 years. Wе knоw еffесtivе tаx рlаnning dоеѕ not hарреn in isolation. We wоrk ѕеаm lеѕѕlу with сliеntѕ’ inhouse рrоfеѕѕiоnаlѕ and through your cooperation and our talented professional’s unwavering commitment to quality service to address your specific needs, throughout the entire tax life cycle of planning, provision, compliance and working with the tax authorities will help you build strong value-driven compliance environment, sustainable organizational strategies helping your business achieve its potential.
“Everything should be made as simple as possible, but not simpler” - Albert Einstien
- Income Tax :
At Virtuomise, our team of associated tax experts specializes in providing Income tax services to individuals, small scale and medium scale businesses, as well as large corporates. We will give you timely updates on new developments in the Indian taxation arena that affect your business. Our range of services includes:
- Preparation of Income Tax Return and making necessary disclosures.
- Assessment of Tax Returns
- Consultancy in income tax matters & tax planning
- International taxation consultancy
- Transfer Pricing matters-TP Study, TP Audit, TP Assessment & Objections with DRP
- TDS & Withholding tax compliance
- Income tax Appeals before CIT (Appeals)
- Income tax Appeals before Income Tax Appellate Tribunal (ITAT)
- Survey, Search & Seizer Consultancy
- Appearance before Investigation Wing of Income Tax Department
- Obtaining advance rulings and opinion from senior counsels
- Goods & Service Tax - GST
GST is the most significant tax reforms in 70 years of independence and was finally launched at midnight on 30 June 2017. It’s going to replace almost all the existing Indirect tax or levies like Excise Duty, Service Tax, VAT, Entry Tax etc. It’s impact will vary across different kinds of businesses.
Dual GST structure enhances the overall complexity: Both Centre and States will simultaneously levy GST across the value chain on the same base. Tax will be levied on every supply of goods and services.
- CGST: Centre would levy and collect Central Goods and Services Tax (CGST) on intrastate supply.
- SGST: States would levy and collect the State Goods and Services Tax (SGST) on all transactions within a State.
- IGST: The Centre would levy and collect the Integrated Goods and Services Tax (IGST) on all inter-State supply of goods and services and apportioned with the concerned state.
Our scope of services under TAX regime
- Impact analysis
- Transition support
- Regular compliances