Tax Planning & Advance Tax in India

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Tax Planning & Advance Tax in India

TAN registration, quarterly TDS return filing (24Q, 26Q, 27Q), Form 16/16A generation, and TDS reconciliation — complete TDS compliance handled end-to-end.

Tax Deducted at Source (TDS) is one of the most common sources of income tax compliance failures for businesses in India. Failing to deduct TDS, deducting at the wrong rate, or filing TDS returns late attracts interest, penalties, and potential disallowance of the expense under Section 40(a)(ia) of the Income Tax Act. AAA Global LLP provides complete TDS compliance services — from TAN registration and monthly TDS deduction tracking to quarterly return filing and Form 16/16A generation for your employees and vendors.

TDS Deductions We Manage

Section 192TDS on salary — monthly deduction, Form 16 generation at year end
Section 194 TDS on dividend — 10% for resident shareholders
Section 194A TDS on interest — banks, corporates, NBFCs — 10% for resident, 30% for NRI
Section 194C (Sugam) TDS on contractor payments — 1% (individual/HUF) or 2% (others) above Rs. 30,000 / Rs. 1 lakh annual
Section 194HTDS on commission and brokerage — 5%
Section 194ITDS on rent — 2% (plant/machinery) or 10% (land/building) above Rs. 2.4L annual
Section 194IA TDS on property purchase — 1% if consideration above Rs. 50 lakh
Section 194J Section 194J TDS on professional/technical fees — 2% (technical) or 10% (professional/royalty) above Rs. 30,000
Section 195 TDS on payments to non-residents — rate depends on nature of payment and applicable DTAA

Our Notice Response Process

Notice review we analyze the notice type, deadline, and specific allegation or query
Document compilation gather all relevant records, Form 26AS, AIS, ITR, and supporting documents
Response drafting detailed written reply with legal provisions, case law, and documentary evidence
Portal submission response filed on the Income Tax e-Filing portal before the deadline
Follow-up we track the assessment order and advise on next steps (payment, appeal, or rectification)

Frequently Asked Questions

01 What is the time limit to respond to an income tax notice?

Different notices have different deadlines — typically 15 to 30 days. The exact deadline is mentioned in the notice. Non-response results in an ex-parte assessment order, which is almost always worse than any response you could give.

02 Can I appeal an income tax assessment order?

Yes — assessment orders can be appealed before the Commissioner of Income Tax (Appeals) (CIT(A)) within 30 days of the order. A pre-deposit of 20% of the disputed demand is required. We assess appeal viability and file appeals with full grounds of appeal.

03 Does receiving a 143(2) scrutiny notice mean I did something wrong?

Not necessarily. Scrutiny notices are sometimes issued randomly (CASS — Computer Assisted Scrutiny Selection) or based on risk parameters. The notice does not imply wrongdoing — it is simply a detailed verification exercise.

5.0 - 28 Google Reviews