Corporate Tax Advisory and Compliance for Companies in Mumbai
Company tax returns, advance tax and tax positions – prepared by someone who also understands the accounts behind them.
A company's tax return is only as sound as the books and judgement behind it. Depreciation, disallowances, deferred tax, the choice of tax regime, and the timing of advance tax all flow from decisions made months earlier. Nishita has prepared and reviewed company tax returns, computations and tax planning for private and public companies for over a decade, and works with your finance team from the first advance tax instalment to the final return.
Who this is for
- Private limited companies
- Unlisted public companies
- Startups moving from losses to taxable profit
- Companies evaluating the concessional tax regime
- Group companies with inter-company transactions
What's covered
Company income tax return
Preparation and filing of the company return, with a full computation of income reconciled to the audited financial statements.
Tax regime evaluation
Comparison of the normal regime with the concessional corporate tax regime, including the effect on MAT credit, deductions and incentives – before the option is exercised.
Advance tax
Quarterly estimates of taxable profit and advance tax instalments, revisited as the year's numbers firm up.
Tax provisioning and deferred tax
Current tax and deferred tax workings for the financial statements, under Accounting Standards or Ind AS.
Tax planning
Review of business structure, expenditure, depreciation and timing decisions – with the reasoning documented in case it's ever questioned.
Process improvement
Practical changes to how tax data is captured during the year, so year-end isn't a scramble and the return is easier to defend.
Coordination with auditors
Working with your statutory and tax auditors so the tax audit report, financial statements and return tell the same story.
What you get
- Filed company return and computation
- Regime comparison note
- Quarterly advance tax workings
- Tax provision and deferred tax schedules
- Issues list for the next year
Documents to keep ready
- Audited financial statements and trial balance
- Previous year's return and computation
- Fixed asset register
- Tax audit report
- Details of related party transactions
- Advance tax and TDS credit details
You'll get an exact list for your case at the start.
How it works
- 1
You tell us what's going on.
A short call or email: what you need, what's already been filed, and what the deadline is.
- 2
You get a checklist.
One specific list of documents for your case – nothing generic, nothing you don't need.
- 3
We do the working.
Records are reviewed, figures are matched with government portals, and the return, report or reply is prepared.
- 4
You see it before it's filed.
The draft is walked through with you, in plain language, before anything is signed or submitted.
- 5
We file and send you proof.
Acknowledgements and final copies come to you the same day.
- 6
We stay on it.
Processing, intimations and any follow-up from the department are tracked until the matter is closed.
Questions people ask
When is a company's income tax return due?
Companies require an audit, so the return has generally been due by 31 October after the year ends, and later where transfer pricing applies. Dates are notified each year and are confirmed for you.
Should our company opt for the concessional tax regime?
It depends on the deductions and incentives you currently claim, any MAT credit you hold, and your plans. The option is generally irreversible once exercised, so it's worth a numbers-based comparison first.
Can you work alongside our in-house accounts team?
Yes. Most companies keep their books in-house; the tax workings, reviews and filings are handled with your team, not instead of it.
Need help with Corporate Tax? Call +91 99676 46373, email nishita993@gmail.com, or use the contact form.