Goods & Services Tax (GST)
Goods and Services Tax or GST has taken businesses by surprise. The nuances of the same are too much to understand and the entire taxation has become a new thing to study at all. As such, businesses need the required support from various tax consultants to ensure that they are able to file the taxes on time, as expected and keep everything organized for a future reference as well. We have realized that having an experienced team to support you with everything regarding GST is extremely important for the growth of your business.
Income Tax
We also offer income tax services that comprise taxation on income earned in a financial year a part of which is taxable as per rates prescribed for that year. With the financial year running from 1 April to 31 March of following year, broadly taxpayers are classified as residents or non-residents where the individual taxpayers can be classified as 'residents but not ordinary residents'.
Our team of tax consultants and financial advisors also allows us to offer Income tax consultancy services that are aimed at offering IT solutions to Govt.employees, Doctors, Professionals, Manufacturers, Traders, Dealers as well as Service providers of industry.
TDS(TAX DEDUCTED AT SOURCE)
We offer clients competent service support for filing of eTDS. It is submitting TDS through electronic means and has emerged as convenient modes of collection of tax affected at the source from assessed in India. Here, in events where specified income is generated as per the Income-tax Act, the payer of such income needs to deduct stipulated percentage of such income through Income-tax and pay balance amount to the recipient. This dedicated tax is deducted at source by the payer and is deposited inGovernment treasury through the means of eTDS. eTDS is deducted from income of the recipient as payment of Income-tax by the recipient at time of assessment.There are several listed income sources that are subjected to tax deduction at source and is presently also used as instrument to enlarge tax base like –
ACCOUNTING AND BOOKKEEPING
Accounting and bookkeeping services are the most important element for every organization. Therefore, these services help you to keep up a healthy financial status. Our bookkeeping services records and assesses all the financial-related exchanges of your business. We offers the significance of bookkeeping services at cost-effective prices. So, you can decrease the time, cash, and vitality spent on these tasks. Our accounting and bookkeeping services increase the estimation of your books with the honesty of information. As a result, your record and assess every financial transaction concerning your business. In other words which builds the nature of choices made. Further, our accounting and bookkeeping services perform routine business assignments with effectiveness to keep up the accuracy of information recorded.Our accounting and bookkeeping services in compliance regulations, transactions, reports, tax filing, and financial analysis. We furthermore give financial reports, for example, income statements, cash inflow, and outflow records, balance sheets, etc. KADENKARA accounting and bookkeeping services place the information data depending upon the organization's requirements.
INTERNAL AUDIT
The role of internal audit is to provide independent assurance that an organisation's risk management, governance and internal control processes are operating effectively. Internal audits provide management and board of directors with a value-added service where flaws in a process may be caught and corrected prior to external audits. The aim of internal audits is to identify weaknesses within the organisation's processes and control environment internally so that they can be fixed as quickly as possible to prevent harm to the organisation or its stakeholders.The role of internal audit is to provide independent assurance that an organisation's risk management, governance and internal control processes are operating effectively. ... Typically this is the board of directors or the board of trustees, the accounting officer or the audit committee.
Outsourced Accounting Services
We are one of the leading names in the field of offering service support for handling 'Outsourcing Accounting.' Here, our team of experts effectively handles Business Process Outsourcing services that are based on listening to our clients needs as well as developing innovative ways towards meeting their needs. Working closely with management, we assist clients in reaching their goals.
IEC Code (Import – Export Code)
No export or import shall be made by any person without an Importer Exporter Code (IEC) Number unless specifically exempted. An Importer/Exporter Code (IEC) number shall be granted on application to the competent authority.An Import Export Code Number allotted to an applicant shall be valid for all its branches/divisions/units/factories as indicated on the IEC number.Where an IEC Code/ Import Export Code Number is lost or misplaced, the issuing authority may consider requests for grant of a duplicate copy of IEC number, if accompanied by an affidavit.If an IEC holder does not wish to operate the allotted IEC number, he may surrender the same by informing the issuing authority. On receipt of such intimation, the issuing authority shall immediately inform all the RBI/Customs/Licensing authorities that the said IEC number has become inoperative.
PAN - Permanent Account Number
We offer clients services for getting Pan (Permanent Account Number). It is required as per the latest requirement of Income Tax Act. PAN is a number that is used by the Income Tax Department for identifying a person as well as through this number to get complete information about the assessed person. As a 10 digit alphanumeric number, it comes printed on laminated card and features information like PAN number, name of applicant, father's name, date of birth and also carries passport size photo for identification purposes.PAN is required for the following:
TAN (Tax Deduction and Collection Account Number)
TAN is a 10 digit alphanumeric number that is needed by all persons responsible for deducting/collecting tax and as per Income Tax Act, 1961 is required by persons making payment/crediting income of specified type to another person.TAN number is used for deduction of taxes and is required if you are – Paying salary Making payments in form of consultancy fees, rent, contractual payments With the tax deducted at source and paid to Income Tax Department, it is mandatory to deducting taxes and is quoted in TDS/TCS return including in –
