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- Understanding the case with proper discussion.
- Check validity of legal notice with experts that can includes some of the mentioned points
- Is it really your name on the notice?
- Is your PAN/TAN/GST number mentioned correctly?
- Which assessment year is it meant for?
- Who is the issuing authority?
- Is there a document identification number? What is it?
- Is the assessment time barred?
- Identifying the discrepancies in the return filing (if, any)
- Represent case in front of tribunal on behalf of you.
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Understanding Income Tax Returns in India
The two ways in which income tax is bifurcated are:
Direct Tax – Direct tax means the amount of money you need to give back to the government from your direct income, which is generally progressive. This kind of tax is directly paid to the government; some examples are wealth tax, corporate tax, income tax, and so on.
Indirect Tax: The word indirect tax denotes that this kind of tax is not directly paid to the government. Indirect Tax is levied on goods and services that are being availed or purchased by any person. These are generally paid by end consumers and transferable in nature. If we talk about its nature, we will find that these are regressive and not directly increased when an individual’s income increases. Examples are GST, Service tax, and so on.
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