Income Tax & Planning
Income Tax compliance is a critical part of financial management for individuals, professionals, and businesses. At Abhay C. Asknani & Co., we provide structured support for Income Tax computation, filing, documentation, and statutory compliance, ensuring every requirement is met accurately and within prescribed timelines.
Our approach focuses on clarity, correctness, and adherence to the Income Tax Act, helping clients manage their obligations with proper records, reconciliations, and reporting.
What We Offer
Income Tax Return Filing (ITR)
- Preparation and filing of Income Tax Returns for individuals, proprietorships, firms, companies, and professionals.
- Verification of income, deductions, investment proofs, and documentation as required.
- Assistance with Form 16, books of accounts, and supporting schedules.
Advance Tax & TDS Guidance
- Calculating advance tax liabilities as per statutory timelines.
- Assistance with TDS/TCS applicability, deductions, and reconciliation.
Tax Planning (Within the Framework of Law)
- Guidance on tax-efficient structuring in accordance with the Income Tax Act.
- Review of investments, transactions, and financial decisions from a compliance perspective.
- Identifying applicable provisions that allow lawful tax optimisation.
Tax Computation & Working
- Detailed computation of taxable income based on applicable provisions.
- Review of eligible allowances, deductions, exemptions, and adjustments.
- Preparation of tax workings and supporting statements.
Capital Gains Working
- Computation and reporting of capital gains from property, securities, and other assets.
- Preparation of indexed cost, working, documentation, and compliance schedules.
Response to Notices (As Per Permissible Scope)
- Assistance in preparing responses, documentation, and explanations for Income Tax notices.
- Support in submissions and clarifications required under applicable sections.
Our Approach
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Documentation-Driven – Proper records and working papers back every computation.
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Compliant – All guidance is strictly within the provisions of the Income Tax Act and ICAI regulations.
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Timely – Filing and submissions are completed within statutory due dates.
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Clear Communication – Clients receive structured information and transparent guidance throughout the process.
Get in touch
Contact Us Today
501, Shilp Satved, Besides Sindhubhavan, Sindhubhavan Road, Bodakdev, Ahmedabad - 380059