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Virtual Tax Management for Effortless Support

Virtual Tax Team Services

Providing businesses with access to a group of seasoned tax professionals, delivering comprehensive tax management and advisory services without the need for an in-house department. This flexible solution ensures expert handling of compliance, tax filings, audits, and dispute resolution across direct and indirect taxes. The team stays updated on regulatory changes, offering proactive advice to minimize risks and optimize tax strategies. With a focus on operational excellence and tailored support, the Virtual Tax Team acts as an extension of your organization, enabling seamless tax operations and allowing businesses to concentrate on core objectives and growth.

Direct Tax Support

Our Direct Tax Services are designed to help businesses navigate the complexities of India’s evolving tax landscape while ensuring compliance and maximizing tax efficiency. A summary of our service offering pertaining to Direct Tax Service includes:

 

Tax Compliance and Filing

 

Preparation and timely filing of corporate income tax returns, withholding tax / TDS returns, and other statutory filings as per Indian tax laws.

 

Assistance with advance tax calculations and payments to avoid interest and penalties.

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Tax Advisory and Planning

 

Strategic tax planning to optimize tax liabilities in alignment with business goals.

 

Advisory on the tax implications of specific transactions such as mergers, acquisitions, and restructuring.

 

Tax Representation and Dispute Resolution

 

Representation before tax authorities during assessments, appeals, and audits.

 

Assistance with resolving tax disputes and negotiating settlements with Indian tax authorities.

 

International Tax Advisory

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Guidance on transfer pricing regulations, permanent establishment risks, and treaty benefits.

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Structuring cross-border transactions to ensure compliance and minimize tax exposure.

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 Tax Risk Management

 

Regular reviews of tax positions and processes to mitigate risks and ensure regulatory compliance.

Goods & Services Tax Support

Our GST Services aim to help businesses comply with India’s Goods and Services Tax regulations while optimizing processes and managing risks.

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GST Registration and Compliance

 

Assistance with GST registration, amendments, and cancellations.

 

Preparation and timely filing of GST returns, including GSTR-1, GSTR-3B, GSTR-9 (annual return), and GSTR-9C (reconciliation statement).

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Reconciliation of input tax credit with vendor filings and addressing mismatches.

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GST Advisory and Strategic Planning

 

Advisory on the classification of goods and services, tax rates, and exemptions.

 

Tax planning to optimize GST cash flows and minimize liabilities.

 

Guidance on GST implications for specific business transactions, such as cross-border trade, mergers, and restructuring.

 

GST Audit and Assessment Support

 

Conducting GST audits to ensure compliance and identify potential risks.

 

Representation during GST audits, inquiries, and assessments by tax authorities.

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​Refunds and Claims

 

Assistance in claiming GST refunds for export transactions, inverted duty structures, or excess tax paid.

 

Support in managing disputes related to refunds and ITC rejections.

 

Training and Process Improvement

 

Conducting training sessions to build in-house GST expertise.

 

Streamlining GST processes through automation and ERP integration.

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Let's Connect

Reach out to discuss your needs or discover more about our tailored solutions.

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