Income Tax

Description of Services

Understanding GST in India

What is Income Tax

Income tax is a direct tax levied on the taxable income of individuals, Hindu Undivided Families, firms, companies, and other entities based on the provisions of the Income-tax Act, 1961.

Tax Slabs and Regimes

Tax liability is computed using prescribed slab rates, with separate structures for individuals and companies and an option between the old regime with deductions and the simplified new regime.

Sources of Income

Income is broadly classified into salary, house property, business or profession, capital gains, and other sources, and each category has specific computation rules and deductions.

Compliance Requirements

Compliance involves maintaining proper records, paying advance tax or TDS, and filing accurate returns within due dates to avoid interest, penalties, and notices.

Our Income Tax Services

Income Tax Return Filing

End-to-end assistance in preparing and filing ITR for individuals, firms, and companies with proper disclosure and optimization of eligible deductions.

Tax Planning and Advisory

Strategic tax planning to legitimately reduce tax burden through correct use of exemptions, deductions, and appropriate choice of tax regime.

TDS and Advance Tax

Support in TDS computation, deposit, return filing, and advance tax working to ensure timely compliance and avoid interest exposure.

Capital Gains and Investments

Specialized advisory on capital gains arising from shares, mutual funds, property, and other assets, including exemption planning and documentation.

Notices and Assessments

Representation and support in replying to income tax notices, assessments, and other departmental proceedings.

Business and Professional Tax

Integrated income tax services for businesses and professionals, covering bookkeeping inputs, computation of profits, and return filing.

Related Income Tax Articles

GST Return Filing Guide

ITR Filing Guide

Overview of ITR forms, due dates, and key points for accurate income tax return filing for different categories of taxpayers.

Read More
Input Tax Credit Rules

Old vs New Tax Regime

Comparative insight into the old and new tax regimes, including when it may be beneficial to opt for each.

Read More
E-Invoice Implementation

Capital Gains Tax Basics

Key rules for short-term and long-term capital gains taxation on various asset classes and common exemptions.

Read More
GST Registration Process

House Property and HRA

Treatment of rental income, home loan benefits, and HRA exemption for salaried taxpayers.

Read More
E-Way Bill Compliance

TDS Compliance Essentials

Important provisions, thresholds, and due dates related to tax deduction at source for businesses and individuals.

Read More
GST Rate Structure

Common Reasons for Notices

Typical mismatches and issues that trigger income tax notices and how to prevent them through proper compliance

Read More
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About Us

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Established in 2013, A A G & Co is a Chartered Accountant firm registered with Institute of Chartered Accountants of India (ICAI) having its Head office in Uttar Pradesh and branch offices in New Delhi and Haryana.
We are the team of young and energetic partners having positive approach to provide expert and professional services with due care of professional ethics. We believe in steady approach towards offering high quality professional services to our clients has helped us immensely in building long term mutual benefit relationships.

Our Team

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We establish long term relationship with the Clients with a view to map up with their individual needs. We pride ourselves on our ability to deal not only in a professional manner but also on a qualitative and timely basis with any assignments we undertake.

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    H.O: B-285, TransYamuna Colony Rambagh Agra -282006


    Branches


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    Dr.Jai Prakash Wali Building, Tehsil Chauraha Aliganj Etah-207247


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