Get Your Taxation and Compliance Management Done Professionally
For a business that is new to the ever-changing tax laws, taking the help of a professional tax advisory becomes a smart move to learn about the various tax compliances and incentives they are entitled to. We at Azalea Advisors offer a broad range of dynamic taxation compliance management services in India. Our team is composed of local tax experts adept at handling our clients’ taxation matters in this dramatically changing tax landscape. Our taxation and compliance management service offerings include:- Computation of various tax liabilities including Income Tax, Tax deducted at source (TDS), Goods and Service Tax (GST), Professional Tax etc. and assistance in discharging your tax liabilities to government periodically.
- Preparation and the filing of the Tax returns with the government as required by different statutes.
- Tax advisory and planning including identification of the various tax exemptions, deductions available and other tax benefits to minimize your tax liability.
- Transfer Pricing and Tax advisory relating to cross border transactions.
- Tax compliances for Foreign companies setting up new businesses in India
- All central/ State/ Municipality/ Local body tax expertise
Frequently Asked Questions (FAQs)
- Form 16 from the employer, for salaried employee.
- TDS Certificates
- Form 26AS
- Interest Certificate / TDS certificate from the banks / financial institution
- Statement from the broker in case there is a Profit / Loss on sale of Equities or Mutual Funds
- Interest Certificate from the Bank for Housing Loan or any other loan takens
- Bank statement
- By furnishing it electronically using a digital signature
- By using electronic verification code to transmit the data in return electronically
- By submitting the verification in Form ITR- V duly signed through speed post to Income Tax Department, Bangalore after filing the return electronically
Under the system of TDS, the payer deducts the tax at the origin of the income and remits it on behalf of the payee to the government. This system was introduced for quick and efficient collection of taxes by the government. TDS returns are quarterly statements submitted to the Income Tax Department by the payer which show all the transactions for TDS collected by the deductor and paid to the Income Tax authority.
- Secretarial Compliances: Regardless of the turnover, MGT 7, AOC 4 and ADT 1 are required to be submitted every year.
- PF, ESIC, Professional Tax: Depending on the number of employees in your organization, these statutory deductions are to be accounted for and filing its monthly returns are mandatory.
- Income Tax Return: Even when there are no transactions in the company, an income tax return has to be filed.
- TDS Returns: If you are paying salaries to you employees, or rent or any such fees that require TDS to be deducted, then you need to file TDS Returns.
- GST Returns: If your company has registered for GST, you need to file monthly GST returns (GSTR 3B and GSTR 1).
- Statutory Audit: As per the laws prescribed under the Companies Act 2013, every company must get its books of accounts audited regardless of its turnover.
Azalea Advisors has been an invaluable help to my business. They have provided excellent service for the registration of our LLP. We are impressed with their professionalism and diligence in everything they did during the registration process. We look forward to working with you guys in the future.
Neha Makdey
Director – Expert Academic Help Services LLP
Payroll was never a problem when we had about 50 employees. However, when the strength increased to 100+, processing payroll became increasingly difficult to manage in-house. The number of man-hours spent on it was too much then we decided that it was the right time to outsource payroll to expert Payroll management consultancy. The relationship with Azalea Advisors has been excellent. Team Azalea has taken care of our company’s end-to-end payroll right from employee master creation to processing salary. The implementation process was smooth and efficient and they were able to migrate the entire excel data into the application in weeks time. Their account management team and support team are very responsive. I will definitely recommend them for their payroll services. Looking forward for a continued relationship.
Shashi Kumar
CEO – Grand View Research Private Limited
Azalea Advisors is one stop solution to start your Organization right from the incorporation to handling accounting, compliances and filling returns. I am very impressed with their helpful staff and quick response. They are easy and reliable therefore we have given them to take care of our entire financial process. Excellent services! I will surely recommend to everyone – friendly, hassle free and absolutely affordable services for startups.
Bhawna Bhutani
Director – Global Market Insights Research Private Limited
Azalea Advisors has been handling our company’s payroll for more than a year and the overall experience has been more than satisfactory. We save 4 to 5 man-days that can be spent effectively by focusing on our core activities. Their support team and account-management team have been very responsive in handling all our queries.
Charanjeet Singh
Director – Global Market Insights Research Private Limited
Thanks to Azalea Advisors who have helped us in all the formalities while forming the company and made the process very smooth . We received the right kind of co-operation from their team at every step. While they stand out exceptionally in terms of professionalism, Team Azalea is always keen to assist in many other aspects related to business. I personally would recommend them to friends and acquaintances in my circles for their timely assistance, transparency in work, clear and correct information that they provide and their well disposed outlook with each and every client.
Soumya Vilekar
Director – Involute Metal Powder Technologies LLP
