Transaction Based Taxes
(VAT, GST, TDS, etc. as applicable)

Indirect taxes are spread in every area of a company’s business and given the federal structure (direct and indirect tax structure) of any given country, indirect taxes are levied by both Central and State Governments. We at Delhi/NCR provide comprehensive advice and assistance in this area.

We provide GST services in Delhi/NCR and TDS return filing services in Delhi/NCR which is subdivided into the following financial services: 

Advisory Services :

• Evaluation of tax implications on existing and proposed business– Any business has wide number of transactions, and every business owner is in constant ambiguity with regards to the applicability of GST as well as TDS on such transactions. For eg, if he has paid an amount to someone relating to professional services, then he shall have to deduct TDS on such payment if it exceeds the prescribed amount mentioned in the Income Tax Act 1961.
  Another example that we can take is that suppose any business owner is engaged in providing services and the turnover exceeds Rs.20 Lakhs during the year, then such business owner shall be required to get his business registered under the Goods and Services Tax Act.
  We at Sarvam Professionals in providing GST services in Delhi/NCR and TDS return filing services in Delhi/NCR clears this ambiguity in the minds of the business owner so that they can concentrate at their business.
• Assistance in complying with the various provisions under the GST Act or Income Tax Act or any other similar Act. – Getting to know the applicability of taxes and actually filing and executing the same is an altogether different dimension. We at Delhi/NCR assist the business owners to stay at the top of their business by providing complete services in filing their taxes and returns on time be it GST services in Delhi/NCR or TDS return filing services in Delhi/NCR .
• Advising and assisting on the operational issues arising out of the implementation of the indirect taxes and TDS.– In addition to the filing of taxes and advising on the same, we at Sarvam Professionals also assist the business owners mould their accounting according to the law so that all the details and reports can be fetched accordingly which reduces the regular

Compliance Services:

• Assistance in preparing and filling periodic returns- We assist in filing periodic GST and TDS returns like GSTR 1 , GSTR 3B, GSTR 4, GSTR 10, GSTR 9 , Form 24Q, Form 26Q, Form 27Q, etc.
• Assistance in obtaining registration- We also provide services in obtaining registration under the Income Tax Act, ie applying PAN, TAN ,etc and registration under the Goods and Services Tax Act (for goods, services, input service distributors, composition dealers, etc)
• Review of periodic computation of tax liabilities.- We calculate and analyze the tax liabilities for the next period in advance to avoid any delay and interest.
• Identification of Ineligible input credits and verification of input credit records. 

Representation and Litigation Support :

• Filing Advance Ruling applications to seek clarification on ambiguous matters.– Some business owners has their business model like such that it arises the ambiguity in the matter in regards to the applicability, filing of the taxes. In addition to the GST services in Delhi/NCR and TDS return filing services in Delhi/NCR we provide the services related to such matters and help the business owners file the Advance Ruling Applications to seek clarifications.
• Representation before the appropriate authorities.– While running businesses, tax authorities often demand clarifications, taxes, or assessments to assess the business. It requires representation before the appropriate authorities with all the necessary evidence and presenting our case to avoid any interest , penalty or tax liability . We at Sarvam Professionals provide complete services of any litigation pending both under the Goods and Services Tax Act and as well as the Income Tax Act, 1961.

Other Services:

• Assisting the client in getting an annual regulatory audit.
• Conducting due diligence reviews from indirect tax perspective.