ITR SERVICES
Income Tax Return Filing, Audit & TDS Compliances
Shah & Associates’ Income Tax practice covers return preparation and filing, tax audit, tax planning and advisory, TDS return filing, and assistance with Income Tax notices and assessment-related matters. Each matter is considered with reference to the taxpayer’s financial records, available documentation and applicable tax provisions for the relevant period.
Understanding Your Income Tax Requirements
Income Tax compliance involves identifying taxable income, maintaining relevant financial records, calculating tax obligations and meeting the filing requirements applicable to a taxpayer. Individuals, professionals, firms and businesses may have different reporting and compliance requirements depending on their sources of income, financial transactions and applicable tax provisions.
The Income Tax practice at Shah & Associates covers return filing, tax audit, TDS compliance, tax planning and advisory, and assistance with tax-related notices and assessment matters. The nature of the work is determined by the taxpayer’s circumstances, financial records and the requirements applicable to the relevant tax year or transaction period.
OUR SCOPE OF WORK
Income Tax Services
The following categories describe the Income Tax-related work covered within the firm’s stated service scope.
Income Tax Return Filing
Preparation and filing of applicable returns based on income information and relevant tax provisions.
Tax Computation & Advisory
Review of income, deductions, credits and applicable tax provisions for computation and planning.
Income Tax Audit
Assistance with applicable tax audit requirements, financial records and related documentation.
TDS Return Filing
Preparation and filing of applicable TDS statements based on deduction records and payment information.
Income Tax Notices & Scrutiny
Assistance with reviewing tax communications, understanding requirements and preparing responses.
Assessment & Appeal Matters
Assistance with assessment-related requirements and appeal documentation, subject to engagement scope.
Income Tax Professional Information
Income Tax Return Preparation & Filing
Tax Computation, Planning & Advisory
Tax planning requires consideration of income, relevant financial transactions and the provisions applicable to the particular tax year.
Tax Computation
Review of income and applicable tax provisions.
Tax Planning
Consideration of available deductions and exemptions.
Financial Records
Review of supporting financial information.
Tax Audit
Assistance with tax audit requirements, where applicable.
Advisory Matters
Clarification of tax-related requirements and documentation.
TDS Return Filing & Compliance
Tax Deducted at Source (TDS) is a system under which tax is deducted or collected at the prescribed stage of certain transactions and reported to the Income Tax Department.
The service scope includes review of available deduction records, payment information, preparation of applicable statements and filing-related requirements.
Frequently Asked Questions
Answers to common queries related to Income Tax, TDS, tax audit and related matters. These responses are general information; requirements depend on the applicable tax period and circumstances.
The stated Income Tax service scope includes return filing, tax computation and advisory, tax audit, TDS return filing, assistance with notices and scrutiny, and related assessment matters.
Income Tax Return filing involves reporting relevant income, deductions or credits and tax liability through the applicable return for the relevant tax period.
TDS return filing involves preparing and submitting the applicable statement of tax deducted or collected, including relevant payment and deductee information.
Persons or entities responsible for deducting or collecting tax under applicable provisions may have related reporting obligations. Applicability depends on the transaction and statutory conditions.
An Income Tax audit involves examination of relevant financial records and reporting requirements where applicable statutory conditions are met. It is not required for every taxpayer.
Review the communication to understand its subject, response requirements and relevant date. Supporting records should be examined before preparing a response.
Yes. The Income-tax Act, 2025 took effect on 1 April 2026. Earlier tax periods may continue to be governed by the earlier framework, while the new framework applies to relevant subsequent periods. The applicable law and forms should be checked for the specific period.
Relevant records may include income information, bank statements, TDS records, tax-payment details, supporting deduction documents and previous returns. Additional documents may be required for audit or notice-related matters.
