Taxation Services

Taxation Services in Kolkata


Evolution of regulatory framework revolving around taxation has become very complex. This is majorly due to an increase in cross-border business models. Managing such complexity has become a necessity for the enterprises in order to maximize value from every important business decision. While we ensure, that you maintain compliance, we make definitely sure that we create value for your business, giving you the best tax advice & assistance.


B. Pramanik & Associates being one of the leading tax firm in the industry is being lead by Mr. Banshidhar Pramanik (Advocate), High Court (Cal) with a group of like minded professionals mainly Chartered Accountants and Advocates who have always tried to deliver nothing short of excellence. Now with this website we are trying to reach to our prospective clients across the globe along with local clients in order to provide quality service at reasonable price.


For two generations we have always been committed to the cause of our clients in India and Overseas giving them NRI Taxation solutions ranging from International Taxation, Indian Direct & Indirect Taxation, FEMA (Banking/Remittances), Certifications (Form 15CA and Form 15CB) to Legal Consulting which includes Will, Succession Certificate, Property Matters, Trust, Medical Negligence and Consumer Court Cases.


We intend not only to give Consultancy but also guide our clients in choosing the appropriate Solution that suits them the most. Most of our clients are NRIs, Returning NRIs, Mariners, Emigrated NRIs, Sea-Farers and Shipping Firms apart from Corporate Institutions.

Services

Auditing and Assurance Services

Audits for small and medium sized entities are carried out on a cost effective basis on the following areas:

  • Statutory Audits of Public & Private companies under the Companies Act.
  • Audits of Societies, Trusts and other Voluntary organisation.
  • Audits of banks – Statutory, concurrent and revenue.
  • Internal Audits.
  • Special Audits – Investigations and Fraud Detection.
  • Due Diligence work.
  • Management Audits.
  • Income Tax Audits.
  • Operational Audit.
  • Statutory Audit.
  • Investigation Assignments.
  • Surprise Audits.

  • Regulatory approvals.
  • ERP implementation.
  • Management Information System (MIS) development.
  • Review and establishment of costing systems.
  • Risk Assurance.
  • Internal control reviews.
  • Tax withholding.
  • Payroll management.
  • Accounting.
  • Secretarial services.
  • Representation.
  • Representation.

Company Law Consultancy

The Companies Act 1956 governs both public and private companies in India Some of the services provided by us are:

  • Advice and consultation on Indian Companies Act, 1956.
  • Company incorporation (Private and Public).
  • Representation before Registrar of Companies, Company Law Board and Government.
  • Filing annual returns on behalf of the client.
  • Preparation of all documentation related to minutes and resolutions.
  • Preparation and maintenance of statutory books.

  • Assistance in changes of directors, shareholders, addresses, and office details.
  • Bonus Issues.
  • Share transfers.
  • Issue of Share Certificate.
  • Obtaining Digital Signature Certificate Kit for Directors.
  • Effective handling of litigation and arbitration in company law matters.
  • Preparation of detailed Project Report and liaison with banks for finance.

Consumer Protection Act, 1986

‘Service’ under the Consumer Protection Act means, “service of any description which is made available to potential users” includes but not limited to, the provision of facilities in connection with banking, financing, insurance, transport, processing, supply of electrical or other energy, board or lodging or both “housing construction,” entertainment, amusement or the purveying of news or other information, but does not include the rendering of any service free of charge or under a contract of personal service,”[ Sec. 2(1)(0) C.P. Act.]

As per Sec. 2(1)(d) of the Consumer Protection Act Consumer means “any person who hires or avails of any services for consideration which has been paid or promised or partly paid and partly promised, or under any system of deferred payment and includes any beneficiary of such services other than the person who hires or avails of the services for consideration paid or promised, or partly paid and partly promised, or under any system of deferred payment, when such services are availed of with the approval of the first mentioned person but does not include a person who avails of such services for any commercial purpose” [Section 2(1)(d)].

If after the proceeding conducted under section 13, the District Forum is satisfied that the goods complained against suffer from any of the defect specified in the complaint or that any of the allegations contained in the complaint about the services are proved, it shall issue an order to the opposite party directing him to [do] one or more of the following things, namely:

  • to return to the complainant the price, or, as the case may be, the charges paid by the complainant ;
  • to pay such amount as may be awarded by it as compensation to the consumer for any loss or injury suffered by the consumer due to the negligence of the opposite party ; [provided that the District Forum shall have the power to grant punitive damages in such circumstances as it deems fit;]
  • to return to the complainant the price, or, as the case may be, the charges paid by the complainant ;
  • to return to the complainant the price, or, as the case may be, the charges paid by the complainant ;

Fema

Advisory and compliance services are provided on the following areas:

  • Residential status
  • Banking and remittances
  • Gifts
  • Inheritance
  • Repatriation

NRI Services

Our clientele consists of a substantial portion of Non resident clients Amongst many services offered, some of them are enlisted here below:

Our service includes:

  • Facilitate liquidation/lease of property through a top-notch property consultant.
  • Facilitate repatriation of sale proceeds of investment and property.
  • Facilitate repatriation of income from investments and rent from the property let out.
  • Complete banking and other regulatory formalities.
  • Plan his financial transactions to minimise his tax liability in India.
  • File Income Tax Services return.
  • Obtaining necessary tax clearances.
  • Filing and obtaining PAN Card.
  • Planning residential status under FEMA and IT services.
  • Investment and Business consultancy in India.
  • Tax Planning and advisory services related to sale/purchase of Property
  • Planning and Advisory services related to Wealth Tax.

Capital Gain Consultant in Kolkata

Indirect Taxes
Preparation and filling of Service Tax returns:

  • Advisory services to find out applicability of the service tax.
  • Procedural compliance, which includes registration, assessments etc.
  • Periodical compliances including computing service tax liability, computing input credit, depositing of tax.
  • Vetting of contracts and agreements, and reducing the overall incidence of service tax.
  • Conducting Service Tax health check, to determine the service tax implications on client operations, a planning opportunities.
  • Representation

Preparation and filing of VAT returns:

  • Advisory services.
  • Registration
  • Assessment
  • Periodical compliances.

Preparation and filing of Professional Tax returns:

  • Advisory services to find out applicability of the Professional tax.
  • Procedural compliance, which includes registration, assessments etc.
  • Periodical compliances including computing Professional tax liability, computing input credi, depositing of tax.
  • Vetting of contracts and agreements, and reducing the overall incideof Professional tax.
  • Representation

Income Tax Services

Merchant Navy Tax Consultancy Services in Kolkata

Our service includes:

  • Advisory services including regular compliances viz filing, assessment etc.
  • Valuation of assets by registered valuers.
  • Calculation of Capital gains arising from sale of shares, debentures, gold, real-estate etc.
  • Representation & effective handling of litigation before Tax Authorities in Appeals, Tribunal, High Court

Accounting

Book keeping and preparation of final accounts, Complete accounting solution for SMEs

FAQS

These basics can be the knowledge of taxation, inclination towards the subject and the existing qualification. The tax consultants in India are mainly those having the qualification in law, commerce, ICWA, CA, CS, mathematics, science or other such accounting qualification.
Tax consultants often prepare tax returns for clients, or they provide information and advice to help clients fill out their own tax returns. They answer client questions, help them prepare for future tax situations, and analyze information to ensure compliance with government regulations.
Profession Tax is a direct tax which is levied on persons earning an income by way of either practicing a profession, employment, calling or trade. ... While states like Karnataka and Maharashtra have profession tax, there is no such tax applicable in Delhi and Haryana.
For fastest service visit IRS.gov for a variety of online resources and tax help including tax forms, instructions and publications, online payment options and to file with IRS Free File – free for most taxpayers.
Log on to the Income Tax Department portal (www.incometaxindiaefiling.gov.in) for filing returns online. Register using your Permanent Account Number (PAN), which will serve as the user ID. Under 'Download', go to e-filing under the relevant assessment year and select the appropriate Income Tax Return (ITR) form.

Call us for more Information:- 9339055647

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