One of the biggest investment errors we make during pressing times is to invest just to avail the tax deductions. Do not therefore make any investment just for the tax deduction. Tax planning is not about saving taxes but it is an important part of overall financial planning and should ideally be planned throughout the year company auditor in Delhi.
But unfortunately, we all consider it one time activity which we undertake generally in the last three months of the financial year without giving much thought on how it is going to impact our overall finances auditor in India.
” One of the biggest investment errors we make during pressing times is to invest just to avail the tax deductions. Do not therefore make any investment just for the tax deduction. There are only three months left for doing tax-saving investments for the year 2015/16. Most of you would have received emails from your human resource department to submit tax proofs. So, if you have not done your tax saving investments for the year yet, try not to commit the following mistakes in haste.
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Tax consultants, referred to as tax advisers and are trained in tax law. They understand the regulations regarding business and individual taxes and advise clients on how to comply with both federal and state tax legislation.
Tax consultants provide their clients with financial and tax-related advice. They meet with client over the phone and-in person to discuss their clients’ tax situations. They educate their clients on tax options, including how to legally lower tax liability or how to compare taxes bases on their investments, Tax consultants might prepare and complete client tax returns and assist clients in finding the right deductions, credits and adjustment based on their financial situation. Tax consultants must be well-spoken and have excellent communication skills they deal with clients and other professionals on a daily basis. Ruchi Anand & Associates is a company of Tax advisor Ritu Anand & working as a tax consultant in India, tax consultant firms in India, Internal audit services in India, Risk advisory services in India. You can also join Ruchi Anand & Associates for consultancy and taxation related for your Company.