Indian Income Tax Department is an independent body of Government of India managing direct taxes in the country. It not only collects taxes on behalf of the Government, but it also keeps a check on any kind of under-reporting or mis-reporting/ concealment in the income declared by the taxpayers in their respective income tax returns. For this, the IT Department issues various kinds of notices to the taxpayers in accordance with the nature of discrepancy, in the event of any unusual/ suspicious transactions. Once under the purview of Tax Department, it becomes very difficult for the taxpayer to escape such litigations and can fall prey to heavy penalty and additions to income. Similarly, for GST, there is a separate regulatory department which keeps track of compliance of all provisions and rules under the GST Law and issue notices in case there is any suspicion, non-compliance of the law or even when some unusual trend occurs.
While going into litigations can be time-consuming, still benefits of undergoing litigation can weigh more than its limitations:
Claim Additional Tax Benefits : While going into litigations, the tax officer may allow additional deductions and benefits which might not have been claimed in the original return.
Waiver of Penalty and Interest : Sometimes, tax officer allows waiver of any additional interest or penalty on request during the proceedings of such cases. Specially for cases that fall under Direct Tax Vivad se Vishwas Scheme (DTVSV), department has allowed relaxation from interest and penalty.
Relief against Wrong Assessment : Sometimes, tax officer may rule out wrong order. Going into further appeals helps in claiming relief.
Aplite provides pragmatic solutions for any type of tax litigations. We provide end-to-end solutions for all kinds of notices, be it scrutiny or income escaping assessment. We provide our services PAN India. We have a long history of handling complex tax litigations and we have been successful in bringing out positive outcomes for our clients.
Our aim is to settle your tax disputes as early as possible without burning a hole in your pocket. We provide a complete range of service from preparing submissions to filing appeals and getting favourable orders. We know the procedures at tax offices, and therefore, we form the bridge between you and your tax officer.
We serve all range of customers from individuals to HUF, partnerships and companies. What’s best is that we offer whole range of services under one roof. We take end to end responsibility of your cases. That’s not it, we offer related advisory as well. Our tax advisors remain at your service all the time, just a call away!
