Direct Tax Advisory

Tax planning and compliance can be complex in India with constantly changing laws. At NEXGENCA, we provide end-to-end Direct Tax Advisory Services that help individuals, startups, SMEs, and corporates manage their income tax obligations while optimising savings.

What is Direct Tax?

Direct tax is a tax that is directly paid to the Government of India by individuals and companies on their income and profits. The most common form is Income Tax.

Examples of Direct Taxes in India:

• Income Tax – paid by individuals, HUFs, firms, and companies

• Corporate Tax – on business profits of companies

• Minimum Alternate Tax (MAT) – applicable to certain companies

• Dividend Distribution Tax (DDT) – now withdrawn, but dividends are taxable in the hands of shareholders

• Capital Gains Tax – on sale of property, shares, mutual funds, etc.

Direct Tax Advisory by NEXGENCA

1. Tax Planning & Structuring

• Personalised tax-saving strategies

• Business restructuring for lower tax liability

• HUF, Trust & Investment planning

2. Income Tax Return (ITR) Filing

• Filing for Individuals, Partnership Firms, LLPs, and Companies

• Salary, business income, capital gains & foreign income covered

3. Corporate Taxation

• Computation of corporate tax liability

• MAT/AMT compliance

• Special deductions & exemptions planning

4. International Taxation & Transfer Pricing

• Advisory on cross-border transactions

• DTAA (Double Tax Avoidance Agreement) benefits

• FEMA & RBI compliance

5. TDS & Withholding Tax Advisory

• Correct deduction under various sections (194C, 194J, 194H, etc.)

• Filing of quarterly TDS returns

• TDS reconciliation with Form 26AS

6. Capital Gains Tax Planning

• Sale of shares, mutual funds, and immovable property

• Exemptions under sections 54, 54EC, 54F etc.

• Advisory on reinvestment planning

7. Representation before Tax Authorities

• Scrutiny assessments, appeals, and rectifications

• Representation before Income Tax Authorities, CIT (Appeals), ITAT

8. Advance Tax & Tax Compliance Calendar

• Advance tax computation and reminders

• Timely compliance support to avoid penalties

Key Due Dates for Direct Tax Compliance

• Advance Tax – 15th June, 15th September, 15th December, 15th March

• TDS Payment – 7th of every month

• TDS Return Filing – 31st July / 31st October / 31st January / 31st May (Quarterly)

• Income Tax Return (Individuals & Firms not under Audit) – 31st July

• Income Tax Return (Companies & Firms under Audit) – 30th September

• Tax Audit Report (Form 3CA/3CB & 3CD) – 30th September

Documents Required

For Individuals:

• PAN & Aadhaar

• Form 16 / Salary slips

• Investment proofs (80C, 80D, etc.)

• Bank statements

• Capital gain statements (if applicable)

For Companies/Firms:

• PAN, TAN, GST registration

• Audited financial statements

• TDS challans & returns

• Previous year ITR copies

Benefits of NEXGENCA’s Direct Tax Advisory

• Tax savings through proper planning

• 100% compliance with latest laws

• Avoid penalties & notices

• Expert representation in case of scrutiny

• Peace of mind – focus on business, we handle taxes

Why Choose NEXGENCA?

• Experienced tax professionals with deep expertise in direct taxation

• End-to-end services – from planning to filing to representation

• Latest compliance tools for error-free filing

• Customized advisory – suited for individuals, startups & corporates

• Trusted partner for long-term tax strategy
  
  With NEXGENCA’s Direct Tax Advisory Services, you don’t just file taxes – you build a strategic tax plan that saves money, ensures compliance, and supports business growth.