Comprehensive Tax Services for Compliance and Strategic Growth

Maximize Your Savings with Our Expertise in Tax Planning Compliance Strategy Optimization |

FINANCIAL SERVICES

Tax Services

Managing taxes is a crucial aspect of running any business, and it requires a strategic approach to ensure compliance, reduce liabilities, and maximize savings. At RadicalCA, we offer comprehensive Tax Services designed to meet the needs of businesses and individuals alike. From tax planning and corporate filings to handling GST compliance and international tax matters, our experts ensure that you remain compliant with regulations while optimizing your tax strategy for growth.

Benefits of Professional Tax Services

1. Tax Optimization: Minimize your tax liability while staying compliant with all relevant tax laws and regulations.

2. Compliance: Ensure your business remains compliant with all corporate and indirect tax obligations, avoiding penalties and legal issues.

3. Maximize Savings: Strategic tax planning helps you take advantage of deductions, credits, and exemptions to save money.

4. Risk Mitigation: Expert tax advice reduces the risk of non-compliance, audits, and legal disputes with tax authorities.

5. International Tax Expertise: Navigate the complexities of cross-border tax regulations and ensure compliance with global tax laws.

Our Core Tax Services

1. Tax Planning & Strategy

Develop a Comprehensive Tax Strategy for Your Business

Effective tax planning is essential for optimizing your tax liabilities while ensuring compliance with the ever-changing tax regulations. We work closely with you to understand your business’s financial situation and develop tailored tax strategies that minimize liabilities and maximize deductions.

Our Tax Planning Services Include:

  • Strategic Tax Optimization: Align your tax strategy with business goals to reduce tax burdens.
  • Deductions & Credits Identification: Maximize tax savings by identifying applicable deductions, credits, and incentives.
  • Year-Round Tax Planning: Proactive planning throughout the year, not just at tax time.
2. Corporate Tax Filing

Stay Compliant with Accurate Corporate Tax Filings

Filing corporate tax returns is a critical annual requirement for all businesses. Our team ensures that your corporate tax filings are accurate, timely, and compliant with the Income Tax Act, helping you avoid penalties and disputes.

Our Corporate Tax Filing Services Include:

  • Preparation and Filing of Corporate Tax Returns: Ensure compliance with Indian tax laws and timely submission.
  • Review of Financial Statements: Accurate reflection of profits and losses to avoid any discrepancies.
  • Assistance with Tax Dispute Resolution: Help with handling any tax-related disputes or inquiries from authorities.
3. GST Compliance

Ensure Smooth GST Compliance for Your Business

Goods and Services Tax (GST) is an indirect tax that businesses must comply with to remain operational. We handle all aspects of GST compliance, from filing returns to claiming input credits, ensuring that your business stays on the right side of the law.

Our GST Compliance Services Include:

  • GST Return Filing: Monthly and quarterly GST return filings to stay compliant.
  • GST Input Tax Credit Management: Ensure that input credits are correctly applied to reduce your overall tax liability.
  • GST Audit Preparation: Assistance with GST audits and responding to notices from tax authorities.
4. Tax Audit Assistance

Comprehensive Support for All Your Tax Audits

A tax audit is a review of your company’s financial records and tax returns by tax authorities. We provide support through every stage of the audit process, ensuring that your records are accurate, complete, and compliant with tax regulations.

Our Tax Audit Assistance Services Include:

  • Audit Preparation: Ensure that all documents and records are ready for inspection.
  • Handling Tax Queries: Respond to any tax authorities’ questions or concerns during the audit.
  • Post-Audit Support: Assistance with resolving any issues or discrepancies found during the audit.
5. TDS Compliance

Manage Your TDS Obligations with Ease

Tax Deducted at Source (TDS) compliance is mandatory for businesses making certain payments like salaries, interest, rent, and professional fees. We help ensure that your business complies with all TDS regulations, files returns on time, and avoids penalties.

Our TDS Compliance Services Include:

  • TDS Calculation and Deduction: Accurate calculation and timely deduction of TDS on applicable payments.
  • Filing of TDS Returns: Quarterly and annual TDS return filings to ensure compliance with the Income Tax Act.
  • Issuance of TDS Certificates: Providing TDS certificates (Form 16, Form 16A) to employees and vendors for tax credit claims.
6. International Taxation

Navigate the Complexities of Global Taxation

With businesses increasingly operating in global markets, managing international tax compliance is more important than ever. We provide expert advice on cross-border transactions, foreign income, and double taxation, ensuring that your business complies with international tax laws.

Our International Taxation Services Include:

  • Transfer Pricing Compliance: Ensure that your international transactions comply with transfer pricing regulations.
  • Double Taxation Avoidance: Leverage Double Taxation Avoidance Agreements (DTAAs) to minimize tax liabilities on foreign income.
  • Cross-Border Tax Planning: Strategic tax planning for businesses with international operations to optimize tax exposure.

Our Process

1. Consultation and Tax Planning: We begin with a detailed consultation to assess your business’s financial situation and tax obligations. Our team develops a strategic tax plan to minimize liabilities, maximize savings, and ensure compliance with tax laws.

2. Document Collection and Preparation: Next, we gather all necessary financial documents, such as income statements, balance sheets, and prior tax filings. Our experts meticulously review and prepare these documents for accurate tax filing.

3. Filing and Compliance: We handle the entire filing process, including Corporate Tax Returns, GST Returns, and TDS Returns, ensuring everything is submitted on time and in full compliance with government regulations.

4. Ongoing Support and Audit Assistance: Our team provides year-round tax compliance support, including managing ongoing filings, responding to tax authority inquiries, and assisting with audits to ensure smooth, hassle-free operations.

Comprehensive Services for You

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Have questions? Ask us or find your answer here

Missing the deadline can result in penalties, interest on the outstanding tax amount, and potential legal consequences. Filing on time ensures compliance and avoids these issues.

Financial statements provide a clear overview of your company’s financial health, helping you assess profitability, manage debts, and make strategic decisions.

Outsourcing AP and AR ensures timely payments and collections, improves cash flow management, and reduces the risk of errors, ultimately freeing up time to focus on business growth.

It’s recommended to perform bank reconciliations monthly to ensure that your internal records match your bank statements and to detect any discrepancies or unauthorized transactions early.

Budgeting helps allocate resources efficiently, while forecasting gives you insights into future revenues and expenditures, allowing you to plan for growth and make informed decisions.

Yes, we provide both short-term and long-term financial forecasting services to help you plan for immediate needs and future growth.

By ensuring timely payments and negotiating favorable terms with vendors, effective AP management helps you optimize cash flow and maintain healthy business relationships.

We will investigate the discrepancy, identify the root cause, and make necessary adjustments to ensure that your financial statements are accurate and up-to-date.