Income tax & capital gains advisory
Income tax, computed before it is filed
The filing is the easy part; the year of planning around it is the work. Advance tax managed quarter by quarter, positions planned before the transaction rather than after it — and every return reconciled against your annual tax statement and the Annual Information Statement before submission. For individuals, businesses, and NRIs.
In short
Advance tax estimated before each quarterly due date, capital-gains positions planned before a sale, and a return computed first and reconciled against the Annual Information Statement before it is filed. GSTserve does this for individuals, businesses and NRIs across India, and answers the notices that sometimes follow. Where a tax audit needs a chartered accountant, you appoint one.
An income tax return is a computation before it is a form — and a year before it is a computation. The filing itself is often the easy part; what most assessees never get is the year-round part: advance tax estimated ahead of each quarterly date instead of a scramble in March, a position planned before the transaction instead of defended after it, a loss set off deliberately rather than discovered at filing. Salary, business income, capital gains, foreign income — each follows its own rules, and the department already holds its own version of your year in your annual tax statement and the Annual Information Statement. GSTserve plans through the year, computes first, reconciles against both, and files what the numbers support. When they disagree, you hear about it before the department does.
- Computed before it is filed
- Salary, business, capital gains, foreign income — each under its own rules, first.
- Checked against their copy
- Reconciled to your annual tax statement and the AIS before submission, not after.
- You hear it first
- Where the numbers and the department disagree, you know before the department does.
What’s included
The computation, then the return, and the notice that sometimes follows it.
- Income tax returns for individuals, firms, LLPs, and companies — and for AoPs, societies, residents’ associations and trusts
- Full computation of income across all heads
- Capital gains computation and advisory for property, shares, and mutual funds — including for NRIs and OCIs
- Reconciliation with your annual tax statement and the Annual Information Statement before filing
- Advance tax computations ahead of each quarterly due date, for individuals and businesses, revised as the year actually unfolds
- Tax planning and advisory through the year — the position considered before the transaction, not defended after it
- Revised, belated, and updated returns
- Foreign tax credit claims for NRIs and returning residents
- Loss carry-forward and set-off tracking year to year
- Responses to defect notices, intimations, and scrutiny notices — drafted with you, on the working papers we already hold
- Preparation for an income tax appeal: the grounds, the paper-book, and the tie-outs behind every figure — assembled for the professional who will argue it
Who this is for
Salaried professionals with capital gains, business owners filing under presumptive or regular provisions, and non-resident Indians with income, property, or investments in India.
Selling Indian property from abroad?
That has its own sequence, and most of it happens before the deed is signed.
The NRI property page →Where we stop
Where a matter needs a chartered accountant’s report — a tax audit under s.63, an accountant’s certificate for a foreign remittance — we say so plainly and you appoint your own. We do not sell certificates, and we take no referral fee.
Share last year’s return.
Your annual tax statement and last year’s return are enough for us to show you what this year’s computation should look like — before you engage us.
Related
Questions asked on this page
Four asked on this page.
Do I really need to pay advance tax every quarter?
If your tax for the year, after what is deducted at source, crosses the statutory threshold, yes — the law asks for it in quarterly instalments, and interest runs on each shortfall. That applies to individuals, firms, LLPs and companies alike. The useful part is not the payment but the estimate behind it, revisited each quarter as the year actually unfolds. Paid on a rhythm, advance tax is a series of small, predictable amounts rather than one March surprise.
I am about to sell property or shares. Should I call before or after?
Before, always. Once a sale is signed, the capital gain is a fact; everything that could have shaped it — timing, the year of transfer, the holding period, which reliefs remain open — is settled. Before the sale, those are still choices. We compute the gain in advance at the rate in force, set out the options and their deadlines, and you decide with the number in front of you instead of discovering it at filing.
You are not chartered accountants. Who signs my tax audit?
A chartered accountant you appoint. Where turnover or receipts cross the statutory limits, accounts must be audited under s.63 of the Income-tax Act, 2025 (erstwhile s.44AB of the 1961 Act), and the statute reserves that audit to a chartered accountant. Our work sits underneath it: books that reconcile, schedules that tie to the ledgers, and answers ready for the auditor’s queries. We take no referral fee.
I have income abroad, or I have paid tax abroad. Can you handle that?
Yes. Foreign income goes into the return of income under s.263 of the Income-tax Act, 2025 (erstwhile s.139 of the 1961 Act) like any other, and tax already paid abroad can often be credited against the Indian liability rather than paid twice. The claim turns on residential status, the treaty in play and the paperwork filed with the return. If you live outside India, or are returning, the NRI Tax Compliance page covers this ground in full.
The computation comes first. The form is the easy part.
Tell us what you file and when it’s due. You’ll get a fixed price and a date, in writing, before any work begins.
Get a fixed price