Accounting Services

What is a tax consultant?   


jauhar khan 
@jauhar123 | Posted 31 Jul. 2019


tax consultant for taxation and tax advisor or tax consultant is a person with advanced training and knowledge of tax law. The services of a tax advisor are usually retained in order to minimize taxation for accounts




I will suggest Merakhata website to anyone who are looking for tax services in Hyderabad

FEATURES:

TDS COMPLIANCES

  • TDS Consultation
  • Preparation and issuance of Form 16 A & 16
  • Form 26AS reconciliation
  • Preparation and Filing of TDS Challan
  • Preparation and Filing of TDS Returns

TDS means Tax Deduced at Source i.e. persons making payments are required to deduct tax at source at defined slab rates prescribed by the Income Tax Act. In the current scenario, TDS is almost applicable to any payment the business makes.


If you pay rent you are liable to deduct TDS. If you enter into a contract, you are liable to deduct TDS from the payment you make. You hire a professional, you are liable to deduct TDS. Eventually, the applicability of TDS is on almost every payment you make. Businesses generally face two challenges while dealing with TDS.

1) when and what amount to deduct as TDS and 
2) Which head TDS to be deducted