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Tax Consultancy Service

We offer a complete product range of Taxation & Litigation Service and TDS Filing Service

Taxation & Litigation Service

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Detail of Taxation & Litigation Services Provided:

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Sap Tax Hub LLP, a leading CA Firm in Delhi NCR, has made dealing with incidences of taxation litigations very easy. The following steps have to be followed:

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  • Contact Sap Tax Hub LLP: You are supposed to get in touch with Sap Tax Hub LLP and inform them about your tax issue.
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  • Consultation: Sap Tax Hub LLP will organize to meet with you.
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  • Plan of Action: From their analysis, they will lay out a plan to address your tax litigation matter.
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  • Representation: Sap Tax Hub LLP will represent you in front of tax authorities and in court whenever it is necessary.
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  • Resolution: Planning on how Sap Tax Hub LLP will work on finding the way out for your benefit.
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You can rest assured that your tax problem will be handled with professionalism and efficiency in each of these processes step by step.

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\nOur Income Tax Litigation Services include:\n
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We can handle all kinds of services in regard to tax disputes. The services include the following:\n
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  • Appeals before tax authorities
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  • Advising clients in tax disputes
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  • Writing the replies to the income tax notices
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  • Assessments and reassessments
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  • In penalty cases and prosecution the clients are helped by the company.
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\nAs a leading Chartered Accountant Firm in Delhi, the law firm works for you and seeks a favorable outcome. Sap Tax Hub LLP means experienced and committed professionals back you throughout the litigation.
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\nIncome tax litigation can arise in various areas, including:\n
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Income tax litigation can be incurred from any of the following fields of income tax law. Among the usual issues involved are:

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  • Tax assessments disagreements.
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  • Some of the factors include, Miscalculated or over-charge by the tax government.
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  • Disputes concerning the tax deductions and exemptions.
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  • On this account, the following assertions are made about underreporting of incomeFor lack of compliance with the set provisions.
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Sap Tax Hub LLP, as a leading CA firm in Delhi, deals with all types of Income tax litigation. If you have an issue with assessment or penalty, we give representations and solutions that are especially for you.

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Documents Needed for Taxation & Litigation

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For us to get down to the work of handling your taxation litigation matter, the following will be necessary for the same:

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  • Tax Returns: Copies of your returns for the years that the liability is determined.
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  • Other Related Documents: Any other documents regarding your tax issue. Make sure every document you hold is free of errors and up to date to prevent any liabilities.
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    \nIncome Tax Assessment under Indian Law\n
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    Income tax assessments are conducted so as to verify that the taxpayers have paid their dues in the right amount. The tax body scrutinizes income, deductions and tax remittance in order to check accuracy. If they discover some inadequacies, they can give a notice or make a demand. These assessments can at times cause some disagreements. At Sap Tax Hub LLP, our Chartered Accountant in Delhi assist you in the assessment process, notices and even accompany you in case of any dispute. The objective is to minimize your tax and make certain that you are not paying more tax than you have to, that you do not incur penalties unnecessarily.

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    \nWhat areas do income tax litigation cases usually arise in?\n
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    Income tax litigation cases commonly arise in areas such as:

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    • Tax assessments.
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    • Consequences of delayed or failure to file.
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    • The changes involving tax authorities include reassessments.
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    • Exclusions and exclusions are other areas of the tax law where the legislator has provided that certain expenses are not allowable.
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    • Conflicts, which arise due to the differences concerning the capital gains and losses.
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    All of these areas involve knowledge of tax laws and representation of the same. If you are in any kind of income tax litigation, Sap Tax Hub LLP is here to assist you throughout the process and guarantee that you get a fair treatment and solution.

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    \nIncome tax litigation services may include:\n
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    Our Income Tax Litigation Services cover a wide array of assistance, including:

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    • Assisting you to file the appeals and objections.
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    • Appearing on your behalf before the tax authorities, or in any legal case that you may be involved in.
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    • Helping in scrutiny assessments.Tax disputes and issues that involve determination of responsibilities in the payment of taxes.
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    • Overseeing prosecution matters of serious cases of violation.
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    When you choose Sap Tax Hub LLP, you get all round support and it is guaranteed that your case will be handled professionally as well as your interest safeguarded. We make it easy to handle and always seek to have a successful outcome on each and every one of the cases we handle.

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View Complete Details

TDS Filing Service

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What is TDS Return?
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A TDS return is a return that needs to be filed by a deductor who withholds tax at source from the payments, which could be salaries, interest, dividends, and other kinds of income. TDS returns need to be filed every quarter. They have all the details in relation to the deductor, the deductee, the amount of tax deducted, and the nature of payment.

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  • It ensures tax compliance.
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  • helps collect tax at the earliest stage possible
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  • filed using various forms depending on the nature of the payment.
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At Sap Tax Hub LLP, one of the top CA firms in Delhi NCR,  we help businesses file TDS filing on time to ensure compliance with government regulations.

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Who is eligible for TDS return filing in Delhi?
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Any employer, company, or other entity in Delhi that deducts tax at source is permitted to file returns on the same. A tax return accountant in Delhi would help with the process. Availing of TDS Filing Services in Delhi assures accurate filing. TDS Filing Services in India cover all entities eligible under one umbrella, extending complete support so they discharge related tax obligations.

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What is a TDS Certificate?
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A TDS Certificate is a certificate issued by a tax deductor to the deductee as evidence of the fact that he has deducted the tax amount from the deductee and paid the same amount to the government. It is issued in the form of Form 16 in respect of salary payments, and in the form of Form 16A in respect of non-salary payments. The certificate will be mentioning the paid amount, the TDS deducted, along with the TAN and PAN of the deductor and deductee, respectively.

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  • Proof of tax deducted and deposited.
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  • This is to be made compulsory for income tax returns.
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  • Savings from double taxation
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Sap Tax Hub LLP helps its clients with the filing of correct TDS Certificates so that they face no hassle during the enforcement of compliance and record keeping. For expert assistance, consult a Chartered Accountant in Delhi.

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TDS Return on Payment of Salary (Form 24Q)
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Form 24Q: is the form whereby TDS returns from salary payment. Returns from the employer in terms of salary paid to employees together with TDS deducted from payments. The information that would be included during submission would include PAN, amount paid, and TDS amount in respect of employees. If the information was not provided fully, discrepancies would occur.

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  • It was submitted by employers.
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  • The reports of employee salary and TDS.
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  • Filed quarterly.
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For assistance with TDS filings, you can consult the Best CA Firm in Delhi.

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TDS Return on Payments other than Salary (Form 26Q)
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Form 26Q is the TDS return filed in case of a payment other than salaries. It includes interest, Contractor payments, rent, etc. The return is to be filed in every quarter and gives details about the amount paid, the tax deducted, and the PAN details of the payee. Thus, it is accounted for all the non-salary payments made by a business and TDS is deducted correctly in all cases.

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  • Filed for payment other than salary.
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  • Contains contract labor, rent, and interest payments.
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  • PAN details of payees are to be maintained.
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To handle TDS Filing in Delhi, business organizations will find Sap Tax Hub LLP resourceful to handle the needs of form 26Q filing. As a reputable Chartered Accountant Firm in Delhi, we ensure compliance and accuracy in your TDS returns.

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TDS Return on Payments to Non-Residents (Form 27Q)
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Form 27Q is for depositing TDS on remittances paid to non-residents or foreign entities. These would include interests, dividend, or royalty income paid. Any payment to a non-resident must carry taxes deducted correctly in order to be in line with Indian tax rules. PAN, passport number of the non-resident, amount paid, and the tax deducted must be included in the form.

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  • It can be used for payments to non-residents.
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  • Quarterly Returns Requirements
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  • It will have details of the non-resident and the amount paid.
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TDS Return on Collection of Tax at Source (Form 27EQ)
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Form 27EQ is a return filed to report Tax Collected at Source. Such Tax Collection at Source has been statutorily provided with respect to sales like sale of liquor, timber, and other specified goods. Such sellers are required to collect tax during the course of such sales. The tax so collected will have to be reported in the Form 27EQ, which is filed quarterly. This is done so that all the TCS received by a firm is shown and paid to the government. The form has details of the buyer and the tax collected.

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  • It is filed for TCS collected on specific goods.
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  • It requires showing details of the buyer and the transaction.
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  • Proper reporting of the TCS collected is assured.
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Due Dates for filing TDS Return
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Filing your TDS returns within due dates is crucial to avoid late submission of return penalties. TDS returns are to be submitted quarterly by the following due dates:

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  • April-June (Q1): On or before July 31st
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  • July-Sept (Q2): On or before Oct 31
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  • Oct-Dec (Q3): On or before Jan 31
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  • Jan-Mar (Q4): On or before May 31
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Failure to meet such deadlines attracts a penalty of 200 per day. These are hard deadlines where in failure or infringement of law is not accepted. While registering with Sap Tax Hub LLP, businesses are not at the risk of being penalised due to delay in meeting deadlines regarding TDS Filing.

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Penalty on late or Non-Filing of TDS Return
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Failure to file TDS returns in time attracts severe penalties. The charge for delay filing is 200 per day till the return is filed. This may also go up to 1, 00, 000 if the TDS return has not been filed within the stipulated period. Even non-filing may attract interest on the deposited tax amount and could, in extreme cases, lead to prosecution.

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  • Charge for late payment;
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  • Amounts to 200 per day of delay.
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  • Deduction of penalty up to 1, 00, 000
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  • Interest on unpaid tax;
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We have the best TDS Filing services, which can help you avoid penalties, through Sap Tax Hub LLP.

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Due to filing TDS return filing in Delhi
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The due dates for TDS return filing in Delhi are very important to avoid any kind of penalty. The general deadline for the filing of the TDS returns is every quarter. To attain TDS Filing Services in Delhi, it is best to consult a tax return accountant in Delhi, who would do it well ahead of the respective due dates. TDS Filing Services in India would ensure compliance with due dates, generally April 30th, July 31st, October 31st, and January 31st for different quarters

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TDS Payment Benefits
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The deductors and the government have, respectively, some benefits from payers of TDS. Such help ensures there is a constant flow of revenue for the government as well as ensuring collection at the source and, therefore, reducing tax evasion. For a deductor, timely payment of TDS prevents penalties and assures smooth compliance with tax regulations. Apart from this, it makes tax payments less cumbersome since, practically speaking, the tax is deducted in installments rather than paid in one sum.

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  • Ensures on-time collection of taxes.
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  • Reduces chances of tax evasion.
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  • Also helps in compliance and avoids a penalty.
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TDS Return Correction Statement
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A correction statement can be filed in case there is some error in the TDS return. Such corrections may include details such as PAN, amount of TDS, or even details of the challan. Such steps ensure that deductors have accurate returns while filing TDS and avoid penalties or notices from the tax authorities.

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  • Error correction in the original TDS return
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  • This correction statement can also be filed through the TRACES portal.
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  • It avoids penalties for incorrect filing.
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Sap Tax Hub LLP provides complete support for TDS Filing in Delhi along with correction statements, thereby ensuring all the returns are correct and compliant.

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How does TDS work /Who should deduct and pay TDS
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TDS is deducted at the time of payment by the payer and deposited to the government. Employers, companies, and individuals making specific payments have to deduct TDS. TDS Filing ensures that proper deductions and deposits on time are done. Correct handling can be ensured through a tax return accountantTDS Filing helps with compliance and accurate payment.

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List of Documents Required for TDS Filing

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You need some general papers on the TDS filing. Some of the crucial ones include the following:

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  • TAN: Your TAN Number as issued by the Income Tax Department.
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  • PAN: PAN details of the person who deducts and the person who gets paid.
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  • Challan Details: Information regarding the TDS paid, such as the Challan Identification Number (CIN).
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  • Deduction Details: The amount you deducted as TDS and the payment details.
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  • TDS Certificates: Scanned copies of the last quarter\'s TDS certificates.
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  • Forms: Forms 24Q, 26Q, 27Q, and 27EQ were submitted with the correct information.
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  • Bank Statement: The bank statement, to confirm the entries done for payment.
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Types Of TDS Return Forms In Delhi

TDS RETURN FORM PURPOSE DETAILS
Form 24Q Salaries Used for filing TDS returns on salary payments in Delhi.
Form 26Q Non-salaries Used for TDS returns on non-salary payments such as interest or professional fees.
Form 27Q Non-resident payments Used for TDS returns on payments made to non-residents.
Form 27EQ Tax Collected at Source (TCS) Used for filing returns for Tax Collected at Source (TCS) transactions.
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