Indirect taxes – GST, VAT. Direct taxes – corporate tax, individual personal tax, TDS.
Archives: FAQs
What are different tax advisory services?
The primary tax advisory services are filing tax returns, tax litigation, tax planning, ensuring tax compliances, handling assessment orders and queries from the tax department.
How do tax advisory services help in managing GST?
GST is a new concept and is a part of every business transaction. The Tax Advisory services offered by legal firms help to study the impact of GST on business transactions.
What are assessment orders?
Assessment orders are assessments of tax returns filed by the companies. The tax department will raise an issue if they find any fault with it.
How does tax advisory service help in tax litigation?
The tax advisory services include services of tax advocates who select the best strategy for defending the cases in courts and tribunals, besides providing for representation.
Do tax advisory services help in tax planning also?
Yes, tax advisory services include long-term financial planning for saving taxes and paying accurate and appropriate taxes.
Why do companies need tax advisory services?
The tax structure is challenging to understand, and the tax laws must be complied with, therefore, such services.
If the property of the Government has been acquired for over 30 years, can the possessor claim the same based on adverse possession?
Yes, only if the following requisites are complied with: –
- Possession must be uninterrupted and peaceful
- It must be continuous for 30 years.
How can I get my property vacated from the tenant who is in possession of the property for the last 13 years? He is stating his claim on adverse possession. Will he succeed?
To claim adverse possession, the possession of the property must be with the trespasser. In the current situation, the actual owner gave the possession to the person as a tenant, and thus he cannot claim the plea of adverse possession.