G S Arora & Associates
Let's Talk

Direct Taxation

Direct tax is where good record-keeping either pays off or catches up with you. We handle income tax planning, return filing, TDS and assessments for companies, LLPs, firms and individuals — with the aim of getting the position right the first time rather than defending it later.

Planning Before Filing, Not After

Most tax savings are decided long before the return is prepared. How you structure remuneration, when you recognise revenue, how you hold assets and which regime you elect all shape the final number — and all of them are choices made during the year, not in the filing window.

We work with clients through the year rather than only at the deadline, so that by the time the return is due, the position is already settled and defensible. Where a planning opportunity carries risk, we tell you the risk plainly instead of presenting only the upside.

What This Covers

Corporate & Business Tax

Computation and filing for companies, LLPs and firms, including depreciation schedules, disallowances, MAT/AMT positions and carry-forward of losses.

Individual & Expatriate Returns

Salary, capital gains, house property and foreign income, including residential status determination and double taxation relief where a treaty applies.

TDS Compliance

Deduction review, monthly deposit, quarterly returns in Forms 24Q and 26Q, correction statements and Form 16/16A issuance.

Advance Tax Management

Quarterly estimation and instalment planning so you are not paying interest under sections 234B and 234C for an avoidable shortfall.

Assessments & Notices

Drafting responses, compiling evidence and representing your position before the assessing officer through scrutiny and reassessment proceedings.

Capital Gains Structuring

Computation on property, shares and business transfers, with exemption planning under sections 54, 54F and 54EC where available.

Who This Is For

Direct tax support is usually the right starting point if any of the following describe you:

  • A company or LLP that needs its annual computation and return prepared and filed correctly.
  • A business making payments that attract TDS and unsure whether it is deducting at the right rate or time.
  • An individual with capital gains, multiple properties, or income from more than one country.
  • Anyone who has received a notice and is not sure what it means or how long they have to respond.
  • A founder deciding between salary and dividend, or weighing the old regime against the new one.

How an Engagement Runs

1
Position review

We look at last year's return, your Form 26AS and AIS, and your current books to see where you stand and whether anything from prior years needs cleaning up.

2
Planning conversation

Before the year closes we walk through the choices actually available to you — regime, structure, timing — with the numbers attached rather than in the abstract.

3
Preparation and reconciliation

The computation is prepared and reconciled against 26AS and AIS. Mismatches are the most common reason a return gets flagged, so we resolve them before filing, not after.

4
Filing and follow-through

We file, confirm verification within the 30-day window, and track the refund or demand through to closure.

Frequently Asked Questions

It depends entirely on what you actually claim. If you have substantial 80C investments, a home loan, HRA and health insurance, the old regime often still wins. If your deductions are modest, the new regime usually leaves you better off. We compute both using your real figures rather than a rule of thumb — and the answer can change from year to year.
It depends on the section it is issued under, and the response window is often short — sometimes 15 days. Send it to us as soon as you receive it. Most notices are routine and resolved with a well-supported reply; the ones that become expensive are usually the ones that were left until the deadline passed.
Failure to deduct can result in the entire expense being disallowed, which usually costs far more than the tax itself. It is fixable, but the fix gets harder the longer it sits. If you are unsure whether a payment attracts TDS, ask before you make it rather than after.
Both. Straightforward salaried returns, and complex individual positions involving capital gains, foreign assets or residential status questions.

Our Services

Prefer to talk?

Speak directly to a Chartered Accountant about your situation.

[Phone TBD]

Get your direct tax position
settled before the deadline.

Discuss My Tax Position