Our Services

Our Services

Regulatory Services

Professionals at Mendons Consultancy Services provide advice on direct and indirect tax obligations arising out of domestic and international transactions with the focus to optimize tax structure that are completely in line with your business goals. We provide tax-planning solutions that are unique and also assist in managing tax office investigations. We also assist in Corporate Law, FEMA and other Statutory Compliance.

The Company is required to file the Income tax return as per the provisions of the Income-tax Act, 1961. In pursuance of the said Act, the Company is also required to deposit the Advance Tax in 4 quarterly installments.

The Company will be under an obligation to withhold taxes from the payments made towards salaries, contractual obligations, fee for professional services, rent etc. The taxes so withheld need to be deposited with the tax authorities within the stipulated time limits prescribed under the Indian Income Tax Act, 1961. In this connection, our services would include the following

  • Review of income and expenses of the Company to determine the advance tax liability, if any, and advising about the amounts to be deposited and due dates.
  • Withholding tax on all payments as per applicable tax rules.
  • Deposit of the taxes so withheld, with the tax authorities on a timely basis.
  • Review of transactions for the month to ensure that proper withholdings have been made.
  • Preparation and filing of pay-roll withholding tax, rent withholding tax, professional services withholding tax and contractual withholding tax returns.
  • Preparation and issue of withholding tax certificates to vendors and filing of quarterly returns.
  • Assistance in deduction of professional tax from the employee’s salaries, depositing the same with the authorities on a monthly basis and filing of monthly and annual returns with the Profession Tax Department.