Services Details

Effective tax planning is essential for optimizing tax liability while ensuring full compliance with the law. At R V K & Associates, we provide structured tax planning services under both direct and indirect tax regimes to individuals, professionals, and businesses. Our approach focuses on lawful tax savings, avoiding future disputes, and aligning tax positions with commercial objectives.

Direct Tax Planning Services:

1. Personal Tax Planning:

• Planning of salary structure, HRA, and exemptions

• Investment-linked deductions under Chapter VI-A (Sections 80C, 80D, 80G, etc.)

• Capital gains tax planning for sale of property, securities, and other assets

• Residential status analysis for NRIs and their tax impact

• Optimization of TDS and advance tax payments

2. Business Tax Planning:

• Tax-efficient structuring of transactions and contracts

• Depreciation planning and asset classification

• Income tax implications on loans, advances, and distributions

• Use of presumptive taxation schemes (Sections 44AD, 44ADA, etc.)

• Application of Minimum Alternate Tax (MAT) and Alternate Minimum Tax (AMT) provisions

3. Corporate Tax Strategy:

• Inter-company transaction planning

• Group restructuring and tax consolidation analysis

• Dividend distribution planning and DDT alternatives (post-abolition)

• Review of deferred tax assets/liabilities in financial reporting

Indirect Tax Planning Services:

1. GST Structuring:

• GST impact analysis on new business models or product/service offerings

• Planning input tax credit (ITC) structures to reduce tax cost

• Reverse charge mechanism applicability and compliance

• Classification of goods/services under appropriate HSN/SAC codes

• Export, SEZ, and e-commerce GST planning

2. Transaction Advisory:

• Tax planning for mergers, acquisitions, and joint ventures

• Structuring of cross-border transactions to avoid double taxation

• Evaluation of indirect tax exposure and cost management strategies

Benefits of Professional Tax Planning:

• Legal reduction of tax liability

• Avoidance of interest, penalty, and litigation

• Improved financial forecasting and cash flow management

• Alignment of tax strategy with business goals

Compliance Assurance:

• Services based on provisions of the Income Tax Act, 1961 and GST laws

• Updates on changes in tax rules, rates, and interpretations

• Advisory backed by documentation and practical implementation support