Tax & Compliance

Summary

Tax compliance encompasses a continuous cycle of obligations under the Income Tax Act, 1961 and the Goods and Services Tax framework. Errors in filing, missed deadlines, or inadequate planning create statutory liabilities, interest, and penalties that accumulate over assessment cycles. Maniyar Advisory manages the complete compliance function — ensuring accuracy, timeliness, and regulatory alignment across all direct and indirect tax obligations.

What you get

• Income tax return filing — Preparation and filing of returns for individuals, HUFs, firms, LLPs, and companies under the applicable provisions of the Income Tax Act

• TDS compliance — Computation, deduction, deposit, and quarterly return filing under the TDS provisions, including Form 16 and Form 16A issuance

• Advance tax — Computation of advance tax liability and management of quarterly instalments under Sections 207 to 219

• GST compliance — End-to-end management of GSTR-1, GSTR-3B, annual return, and input tax credit reconciliation

• Tax planning and structuring — Advisory on legitimate tax planning opportunities within the framework of applicable provisions

• Capital transaction advisory — Computation and planning of capital gains arising from transfer of immovable property, securities, and business assets

• Assessment and scrutiny — Preparation of responses to notices under Sections 142(1), 143(2), and 148, and representation before assessing officers

• Appellate representation — Filing and representation before the Commissioner of Income Tax (Appeals) and the Income Tax Appellate Tribunal

Why it matters

Increased use of data analytics by the Income Tax Department and GST authorities has resulted in a higher frequency of scrutiny assessments and notices. Discrepancies between ITR, Form 26AS, AIS, and GST returns are automatically flagged. Proactive compliance management and accurate filing significantly reduce the risk of adverse assessment orders and associated litigation costs.

How it works

• Compliance review — Assessment of existing filing status, outstanding obligations, and pending notices

• Compliance calendar — Establishment of a month-wise schedule of all statutory due dates

• Periodic filings — Management of all monthly, quarterly, and annual filing obligations

• Annual assessment — Preparation and filing of income tax returns with complete supporting documentation

• Regulatory monitoring — Ongoing review of legislative changes and their applicability to the client's tax position

Optional add-ons

• Transfer pricing documentation under Section 92 to 92F

• International tax advisory and FEMA compliance for cross-border transactions

• Tax due diligence for mergers, acquisitions, and business transfers

• GST health check and reconciliation for businesses with complex supply chains