BASIC RETAINERSHIP MODEL (18 Services)

RETAINERSHIP MODEL-SCOPE OF SERVICES

The scope of our services under the retainer-ship agreement would cover the services listed below. Those services which are not specifically mentioned herein are not covered under this agreement for example filing and pursuing refund claims, filing civil suit/writ petition before High Courts to challenge the executive actions or the vires of law etc. These services would be provided against mutually agreed professional fee on case to case basis.

Indirect Taxes

Advisory/filing of monthly sales tax returns
Advisory/filing of monthly withholding tax statements
Basic advisory services on admissibility/inadmissibility of input tax/tax credit
Basic advisory services on chargeability/exemption from sales tax, federal excise duty, customs duty, etc.
Basic advisory services with respect to withholding tax obligations and the applicable rate of tax to be withheld
Basic advisory services on maintenance of stock statement/inventory, sales and purchase register, issuance of sales tax invoices
In case of any delay in filing, seeking extension from Tax Authorities
Basic advisory services on the applicable rate of sales tax, federal excise duty, customs duty, etc.

Direct Taxes

Discussion on final accounts
Discussion on income tax return
Preparation and filing of Annual Return of Income/Statement of Final Taxation
Preparation of withholding tax challan on account of payment of rent, salaries/wages, supply of goods, etc.
Filing of biannually withholding tax statements
Filing of annual withholding statement on salaries/wages
Computation of advance tax on quarterly basis
Basic advisory services on exemptions, concessions, credits and other benefits available under the law
Basic advisory services on obligations as a tax withholding agent and the tax rate applicable
In case of any delay in filing, seeking extension from Tax Authorities