YKC And Company

TDS (Tax Deducted at Source) is an indirect system of deduction of tax according to the Income Tax Act, 1961 at the point of generation of income. Tax is deducted by the payer and is remitted to the government by him on behalf of the payee.

Filing GST return under the GST regime is crucial as non-compliance and delay will result in penalties and affect your compliance rating and timely refunds. All registered businesses have to file monthly, quarterly and/or annual GST Returns based on the type of business.

A person making a remittance (a payment) to a non-resident or a foreign company has to submit Form 15CA. This form is submitted online to the income tax department. Where payment to be made exceeds Rs5 lakh in a year and is taxable in India, a certificate from a chartered accountant in Form 15CB is required before uploading Form 15CA online.

A withholding tax, or a retention tax, is an income tax to be paid to the government by the payer of the income rather than by the recipient of the income. The tax is thus withheld or deducted from the income due to the recipient. In most jurisdictions, withholding tax applies to employment income.

Our team of experts assist you on tax related matters across all industries, sectors & business verticals. We assist you on timely filing, calculations, projections, documentation & sound financial planning (assets, liabilities & investments) which are in the best interest of your business and compliant to the norms. We emphasize on growth & health of the business with respect to your business vision orientation.

Continuous development and increasing complexities in economic environment leads legislators to bring rapid changes in tax laws. We provide in-depth and well thought advice to our clients. Whether are you thinking for a restructuring of your business or coming to terms with frequent changes in tax regulations, our professional team advice you how to confront and navigate through those situations and provide an accurate and deep insight to meet business needs.