SERVICES

      1. Income Tax Consultancy :

We Provide PAN Card, Filing of Income tax, TDS Returns, Consultancy on Income Tax Matters, Tax Refunds, Tax Planning & Savings, Maintenance of Income Tax Records, Liaisoning with Income Tax Authorities, Tax deduction account number.
 

Direct Tax Consultancy:Taxation is an extremely complex subject and needs professional skill of the highest order and the consultant has to keep track of frequent changes and modifications made in the Income tax rules from time to time to be able to guide aptly in tax planning, documentation and represent the cases skillfully. Even a minor lapse can cost tons of money to an assessee. So we offer pragmatic solutions to manage the affairs in the most tax efficient manner. We have an aptitude for providing expert advice in tax planning. Our tax consultancy service include Income Tax Planning, Fringe benefit tax consultancy, Direct tax consultancy to corporate sectors, individuals, Firms and NRIs.
 

Tax Compliance: Preparation and filing of various statutory returns and documents with the revenue authorities periodically. A plethora of paper work is involved in filing numerous tax returns on quarterly, half - yearly and yearly basis. It is always a very complicated and lengthy process to be complied with punctually and regularly. Failure of compliance attracts heavy penalties and even prosecution in certain cases. An elaborate data has to be procured from account books of the firm/ company to fill in the returns entailing huge amount of labour and knowledge.
 

Tax Assistance: We take a holistic view, combining industry insight with the technical skills of financial and tax professionals, and our other in-house resources as necessary, to develop comprehensive integrated solutions. Our tax services include:

• Getting Permanent Account Number (PAN)

• E-Filing of Income Tax Returns

• E-filing of TDS Returns 

• Consultancy on Income Tax Matters

• Faster process of Income Tax Refunds

• Consultancy on Tax Planning & Savings

• Maintenance of Income Tax Records 

• Liaison with Income Tax Authorities 

• Tax deduction account numbers 

• Services related to withholding taxes.

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  2.  Sales Tax/VAT Consultancy :

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We provide consultancy in Registration under Maharashtra VAT Act, Registration under CST Act, Online Filing of Returns,

Rate of Tax under Maharashtra VAT Act , Consultancy of deposit of VAT, Consultancies on VAT and CST Act, Taxability

of Sale of fixed assets, Objections, appeals.
 

Services we Offer: 

• Registration under Maharashtra VAT Act. 

• Registration under CST Act

• Online Filing of Returns.

• Rate of Tax under Maharashtra VAT Act. 

• Consultancy of deposit of VAT

• Consultancies on VAT and CST Act

• Taxability of Sale of fixed assets. 

• Objections, appeals , revisions, rectification of order. 

• Amendments in registration Certificates. 

• Consultancies on preparation of records as per VAT Act

• Refund of tax. 

• Central Sales Tax. 

• Assessment of Firms.

Value Added Tax in Detail: India does not have a classic Value-Added Tax (VAT) structure. Instead, separate tax on sale of goods and on rendering of services is imposed under different legislation. Sale and purchase of goods is subjected to charge of sales tax. Sales tax is levied under Central and State Sales Tax legislation depending upon the movement of goods in pursuance of a sale transaction. If the transaction involves movement of goods from one state to another (inter-state), the tax is levied under Tax Act (CST), 1956.

From 1 April 2005, 21 states of India have replaced local sales tax with VAT. The rest of the states are still continuing to impose sales tax. The VAT, as introduced by 21 states, is not much different from local sales tax regime except that it captures value addition at each level of distribution network. The State VAT, as introduced by the states, continues to be a tax on sale of goods and does not include taxation of services. The standard rate of VAT is 13.50 per cent and there is reduced rate of 6 per cent. Besides that, there are exemptions and rate of 2 per cent and 20 percent for specified products. In addition to sales tax, some states also levy additional tax / surcharge, turnover tax or entry tax. Sales tax / state VAT is payable by the seller to the government. Ordinarily, sales tax / state VAT is recovered from the buyer as a part of consideration for sale of goods.

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  3.  Accounting / Book Keeping Services :

We, at Thakkar & Co., offer a full range of accounting and book keeping services. Sole proprietorship, Partnership Firms, company, small businesses, mid & Large size businesses all have different accounting and bookkeeping needs. To cater to this varied requirement, we offer tailor-made accounting systems. In the modern jet age there is fierce competition in the trade and industry. Entrepreneurs are vying with one another in the mad race to stay ahead of others. This being the business scenario it is most imperative for the CEOS and other junior staff to keep themselves fully updated with the statistics of the working of a business house and its current affairs required for planning and formulations of policies of the Co. This can only be possible if the accounts are maintained in an elaborate manner and kept up to date minute to minute.
 

We at Thakkar & Co. keep the most competent and efficient staff to meet with this important requirement of our clients and readily furnish every data and information as and when required. This is our specialty time is the essence of business and we are fully seized of this secret of success.
 

Whether it is a full service accounting and book-keeping plan or quarterly updates and financial statement preparation, we provide accurate and timely services that include:. 

• Book-Keeping, 

• Daily Online Access And Timely Reporting Via The Internet 

• Accounting Softwares i.e. Tally, Busy, ERP etc.

• Payroll Reconciliation 

• Checking Account Reconciliation 

• Accounts Receivable/Payable Reconciliations 

• Capital Planning And Investment Management 

• Preparation Of Management Accounts And Statutory Accounts. 

• Partnership Accounting.

• Company Accounting : outsourcing of all accounting work.

• Data Entry / Comparison of data from hard copy to soft copy and visa versa 

• Thakkar & Co. is also into outsourcing for accounting staff.

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  4.  Registration Services :

We assist in the registration procedures of Societies, Trusts & Partnership Firms, 12 A & 80 G Certificate, as well as in the process of formation of memorandum of association (MOA). We guide them through the modes and methods, procedural formalities and the process of documentation. We also counsel them regarding the benchmark required for registration.

Religious And Charitable Trusts In India: Social welfare is the basic responsibility of government. Charitable and Religious Trusts lessen this burden. Therefore, tax concessions are offered. Income applied for predefined and declared charitable object is exempt from income tax. Wealth tax is also not charged on properties held. If eligible, donor are also given deduction from income tax u/s 80G or section 80GGA. Skillful and Intelligent tax planner tends to use trust for evasion of taxes. This result in a plethora of regulatory measures. Consequently, the legislation has become confused and complicated. More so because the term like 'income', 'capital', 'capital gains', 'donations', etc., used informal tax parlance or even in ordinary parlance have entirely different meanings and connotations in the case of trusts.
Types Of Trust: Common types of trusts are Public charitable or religious trusts, Income from these trusts is applied to charitable or religious purposes and Private trusts.

Services We Offer:

• Registration of Trust 

• Registration of Co-operative Societies 

• Registration of Company under Section - 25 of Companies Act, 1956 

• Registration of NGO under Income Tax for Tax exemption u/s 12A 

• Registration of NGO under Income Tax for u/s 80G

• Registration of Parnership Firms

• 12 A Certificate

• 80 G Certificate

    The trust should get itself registered [Form 10A for Application] with the Commissioner of Income-tax within one year from the date on which the trust is created. The accounts of the trust should be audited for such accounting year in which its income exceeds Rs. 50,000.
    We assist in the registration procedures of Societies, Trusts & Partnership Firms as well as in the process of formation of memorandum of association (MoA). We guide them through the modes and methods, procedural formalities and the process of documentation. We also counsel them regarding the benchmark required for registration.

    Our panel of accountants with their sound professional information help organizations to meet the requisite criteria to register themselves as licensed charitable or non-profit institutions. Moreover, solutions regarding income tax, statutory and internal audit and many more services are offered by us.

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  5.  Investment Advisory Services :

We assist in Managing your money and planning your financial security, Investments, We are offering Life Insurance,

General Insurance, Mutual Funds, Bonds, Fixed Deposits, All Financial Advisory services.

What We Do: Managing your money and planning your financial security are no easy tasks. Time constraints, tax laws

that are constantly changing and a confusing assortment of investment options - all present roadblocks for most people

seeking to manage their finances in a profitable way.

As experienced investment advisers, we are able to offer high - performance financial products that help you take right financial decisions. 

Our experts analyze your basic financial goals - elements such as needs and desires, your experiences, your status in life and your current net worth and then advise an optimal solution. 

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  6.  Financial / Loan Consultancy:
We have range of products specially selected to give clients varied opportunities in terms of rate of interest, repayment terms and loan amounts. So whether you are a salaried or a self-employed, loans fitting your state of affairs might be just a call away.

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Thakkar & Co. arranges and processes loans keeping in mind the financial needs of the customers. So, anyone in need

for monetary help is welcome to avail our help.

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We arranges and processes loans keeping in mind the financial needs of the customers, Like Home loans, Loan Against

Property Mortgage Loans, Business Loans, Personal Loans, O.D./C.C., etc.

We have tie ups with leading banks of the nation that serve our clients with finance and loan schemes. We also have contacts with reputed architectures and developer who provide the best constructed properties meeting quality and safety standards. Our agents take care of the "Vaastu" factor that most of our clients are concerned about.