RegisterKaro offers a wide range of tax consultancy services to suit every need. Our services cover everything from income tax to GST and more.
Income Tax Consultancy Services for Individuals and Businesses
Our consultancy tax service includes comprehensive support for income tax on consultancy services, ensuring compliance and optimal planning:
Hassle-Free Income Tax Return (ITR) Filing
Filing your income tax return can be confusing, but RegisterKaro makes it easy. Our experts help you collect all required documents, select the right ITR form, and file your return online. We double-check every detail to avoid errors. This reduces your risk of notices or penalties from the tax office. For the financial year 2024-25, the deadline for filing an ITR is typically July 31st for most individuals.
Which ITR Form Should You File?
Choosing the right ITR form is important. There are seven different forms, each for a specific type of taxpayer. For example, ITR-1 is for salaried individuals, while ITR-4 is for those using the presumptive income scheme. Our experts help you pick the correct form based on your income and business type. Using the right form ensures your return is accepted without issues.
Tax Planning for Salaried Employees
Salaried employees can save a lot on taxes with the right planning. We guide you on claiming deductions for HRA, LTA, and Section 80C investments like PF, PPF, and life insurance. We also help you understand the new and old tax regimes, so you can choose the one that saves you the most. Our goal is to help you keep more of your hard-earned money.
Expert Tax Advice for Freelancers and Professionals
Freelancers and professionals often have multiple sources of income. RegisterKaro’s team offers expert advice on how to report your income, claim expenses, and avoid double taxation. We explain which deductions you can claim and help you stay compliant with all rules. Our income tax consultancy services are tailored to your unique needs.
We also advise on the applicable income tax rate for consultancy services and ensure correct reporting.
Advance Tax Calculation and Payment
Advance tax is paid in installments during the year if your tax liability is over ₹10,000. Missing advance tax deadlines can lead to interest charges. Our experts calculate your advance tax accurately and remind you of payment due dates. This helps you avoid penalties and manage your cash flow better.
Handling Income Tax Notices
If you receive a notice from the tax department, do not panic. RegisterKaro’s experts review the notice, explain what it means, and help you respond correctly. We handle all communication with the tax office, so you do not have to worry. Our team has helped many clients resolve notices quickly and without extra costs.
Capital Gains Tax Planning and Filing
Selling property, shares, or other assets can lead to capital gains tax. Our experts help you calculate your capital gains, claim exemptions, and file the correct forms. We guide you on how to save tax on long-term and short-term capital gains. This ensures you stay compliant and pay only what is required.
Our services are designed to cover every aspect of your tax needs. We combine expert advice, personalized solutions, and prompt support to make tax compliance simple for everyone. Whether you are an individual, a freelancer, or a business owner, our team is here to help you succeed.
Goods and Services Tax (GST) Services
GST is a major part of India’s tax system. It applies to businesses of all types. Handling GST properly helps you avoid fines and claim the right tax credits.
New GST Registration
GST registration is required for businesses whose turnover exceeds ₹40 lakh (₹20 lakh for services in most states). It is also mandatory for those involved in interstate supply, e-commerce, or for agents and distributors. GST registration gives a business a unique GSTIN, which is needed to collect tax and claim input tax credit. The process is fully online through the GST portal. You need to submit your PAN, Aadhaar, business address proof, and bank details. Aadhaar authentication can speed up approval, often within three working days.
Monthly and Quarterly GST Return Filing
After registration, businesses must file GST returns monthly or quarterly, depending on their turnover. GSTR-1 and GSTR-3B are the main returns. GSTR-1 reports sales, and GSTR-3B is a summary return for tax payments. Small taxpayers can opt for the Quarterly Return Monthly Payment (QRMP) scheme. Filing on time is important. From July 2025, returns cannot be filed after three years from the due date. Late filing leads to penalties and loss of input tax credit. Accurate return filing is crucial for compliance and smooth business operations.
GST Compliance and Reconciliation
GST compliance means following all GST rules, including timely registration, return filing, and payment of taxes. Reconciliation is matching your sales and purchase data with your GST returns. This ensures you claim the correct input tax credit and avoid mismatches. Regular reconciliation helps prevent notices from the tax department. It also helps businesses track their tax liabilities and avoid errors. Proper GST compliance builds trust with customers and partners.
GST Audit Support and Representation
Businesses with a turnover above ₹5 crore must get their accounts audited under GST law. The audit checks if all GST rules are followed and taxes are paid correctly. If you receive a notice or face a GST audit, you may need to provide documents and explanations. Professional support helps you respond to queries, prepare documents, and represent your case before authorities. This support is important to avoid penalties and ensure a smooth audit process.
Tax Services for Businesses and Startups
Effective tax planning is crucial for business success. We help our clients with:
Tax Planning for Private Limited Companies, LLPs, and Proprietorships
Tax planning helps companies and LLPs reduce their tax liability legally. This includes choosing the right business structure, using available deductions, and following correct accounting practices. Private limited companies can claim deductions under Section 80JJAA for new employment and Section 35 for R&D expenses. LLPs and proprietorships have different rules, but can also benefit from proper tax planning. Effective planning ensures you pay only what is required and stay compliant.
TDS and TCS Return Filing and Compliance
Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are important for many businesses. Understanding audit tax and consulting services can assist in proper TDS/TCS compliance, including applicable service tax on consultancy charges. TCS applies to certain sales, like scrap or goods above a set value. Returns for TDS and TCS must be filed quarterly. Missing deadlines can lead to interest and penalties. Accurate TDS and TCS compliance is essential for smooth business operations and avoiding legal trouble.
Business Structure Advisory for Tax Efficiency
Choosing the right business structure affects your tax liability. Private limited companies, LLPs, and sole proprietorships each have different tax rules. For example, companies pay a flat tax rate, while LLPs pay tax on profits. Advisory services help you select the best structure for your business goals and tax savings. A good structure can also help with funding and compliance.
Startup India Tax Exemptions (Section 80-IAC and Section 56)
Startups recognized by the Department for Promotion of Industry and Internal Trade (DPIIT) can get tax exemptions. Section 80-IAC allows eligible startups a 100% tax holiday for three years out of ten. Section 56 provides relief from angel tax on share premiums. To claim these, startups must meet specific criteria and apply for recognition. These exemptions help startups save money and grow faster.
Corporate Tax Advisory and Compliance Management
Corporate tax advisory includes planning, filing, and managing corporate taxes. Companies must file annual returns, pay advance tax, and comply with the Minimum Alternate Tax (MAT) rules. Advisory services help companies understand new tax laws, use available deductions, and avoid penalties. Compliance management ensures all filings are done on time and records are kept up to date.
Specialized Tax Services
Specialized tax services are meant to help individuals and businesses with specific tax needs or complex situations. These services make sure you follow tax laws correctly while also helping you save money and reduce risks.
NRI and Foreign Income Taxation
Non-resident Indians (NRIs) have to follow special tax rules. Income earned in India is taxable, while foreign income may not be. NRIs must file returns if their income in India exceeds ₹2.5 lakh. Double taxation agreements can help avoid paying tax twice on the same income. Proper advice is needed to claim benefits and avoid mistakes.
Double Taxation Avoidance Advisory
Double taxation occurs when the same income is taxed in two countries. India has agreements with over 90 countries to avoid this. Advisory services help individuals and businesses claim relief under these treaties. This involves filing forms, providing documents, and understanding the rules of both countries. Correct advice helps reduce tax liability and ensures compliance.
Representation before Tax Authorities
Sometimes, businesses or individuals get notices from the tax department or face audits. Representation services help you reply to notices, attend hearings, and present your case. Professional representation increases your chances of a favorable outcome and reduces stress.
Tax Due Diligence for Mergers and Acquisitions
Before merging with or acquiring another business, tax due diligence checks for hidden tax risks. This includes reviewing past filings, compliance, and unpaid liabilities. Proper due diligence helps avoid surprises and ensures a smooth transaction.