Income Tax Certification Services
Introduction
We Aim To Bring Our Clients In Congruence With The Legal Authorities Of India About Compliance With Any Regulatory Requirements.
Alongside a comprehensive range of accounting, auditing, and taxation services, BEETA ONE also offers its clients certification services in compliance with various legal and regulatory frameworks.
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Being one of the renowned CA firms in Guntur, we always focus on giving our clients the best in class services that reflect our values and vision of transparency, flawless, and professional work. Visit our CA website to understand and know more about our services and our company. Choose us for your business as the best deserves the best.re
OUR CERTIFICATION SERVICES
Certain Certifications Serve As Evidence Of Adherence To Applicable Laws And Standards. Beeta One's Team Of Skilled And Experienced Professionals Delivers A Variety Of Certification Solutions To Organizations.
- Certification for various deductions under the Income Tax laws
- Certification of statutory liabilities
- Certificates under the various types of indirect taxes
- Certification for compliance with legislative documents and maintenance of statutory records, databases, and reports in adherence to the Companies Act and other relevant rules for companies in India
- Assistance in obtaining an Income Tax Clearance Certificate (ITCC) from the Indian tax authorities for an expatriate who is about to leave India to be shown to the immigration authorities
- International taxation certification services
- Transfer pricing certification A certificate stating the fair val
- Other ad-hoc certifications as required by the individuals and businesses to fulfill legal requirements
- Assistance in obtaining a TRC for the Indian nationals staying in a foreign country for a defined duration and applies for tax exemptions in the host country
- Certification for approval of financial reports and other interim reports presented to the authorities
- Certificate of import export code (IEC) AND various certifications under the Exchange Control regulations such as imports, Export Oriented Units (EOUs), customs and remittances
- Certification for various benefits under the Income Tax laws
- Certificates for foreign remittance when residents in India make payments to foreign entities outside India under the Income Tax laws or Double Taxation Avoidance Agreements (DTAAs) as directed by the RBI
- Certificates of investment incentives
- Net value certificates required for the Visa Embassy issuance, Bank finance, and Bank surety
- Assistance in obtaining a Tax Residency Certificate (TRC) for the foreign nationals living in India for a specific duration and claiming relief under the DTAA
- Certification proving the usage of different funds to be discharged by the voluntary organizations, regulatory agencies, NGOs, charities, and independent entities to the relevant authorities of the state
- A certificate stating the fair value of shares of a company in case of structuring transactions such as buyback transaction, merger/demerger, transfer of shares or allotment of further shares
- Certification of arms’ length price in the transfer pricing transactions under the Income Tax laws
- Certificates for the financial books of accounts and annual, bi-yearly and quarterly financial statements
- The required certification for asserting various privileges and limitations under some particular laws and rules
Frequently Asked Questions(FAQ,s)
What is the transfer pricing certificate?
Companies are mandated to obtain and file an annual transfer pricing certificate as given in Form 3CEB, following the end of each financial year. At least one of the associated enterprises would be required to obtain a certification if there is any income liability. If there arises an income liability, but it falls within the tolerance limit, still a certification is required to prove that the difference is within the tolerance limit.
What is an Income Tax Clearance Certificate (ITCC)?
A document issued by the government of India for an expatriate, validating the payment of taxes by that person, and proving no pending tax liability is called an ITCC. It is essential for an expatriate staying in India for business or employment purposes to show the ITCC to immigration officials before leaving the country for the final time.
What is a Tax Determination Certificate?
A tax determination certificate is issued in Form No. 15CB by a Chartered Accountant. It determines the taxability of an outward remittance to a non-resident or a foreign company as per the Income Tax Act 1961 and the DTAA agreement with the recipient’s country. The assessee has to deduct the TDS if the remittance is taxable.
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