Specialist Practice Division

A to Z in Income Tax

Strategic Corporate & Personal Direct Tax Advisory, Audits & Faceless Litigation Representation

Accounting documents and tools for financial planning

Governing Statute

Income-tax Act, 1961 & Income Tax Rules, 1962

40+ Years Practice Experience

All Specialist Practice Areas

Income Tax (Direct Tax)7 Statutory Forms

Institutional Practice Overview

A to Z in Income Tax

Income Tax (Direct Tax) DeskIncome-tax Act, 1961

Comprehensive direct tax management covering corporate tax planning, Tax Audits under Section 44AB, TDS/TCS compliance, faceless scrutiny assessments, and appellate defense before CIT(Appeals) and the Income Tax Appellate Tribunal (ITAT).

At R.D. Kundalia & Co., our senior partners and qualified associates deliver disciplined, proactive guidance to ensure full statutory compliance, protect client rights during regulatory scrutiny, and optimize financial outcomes.

Capability Pillars

Key Deliverables

1985

Practice Inception

ICAI

Code of Ethics

Regulatory Framework

Governing Statutes & Provisions

Our advisory and attest functions are benchmarked against key legislative mandates:

Section 44AB (Mandatory Tax Audits)
Section 115BAA/115BAB (Corporate Concessional Tax Regimes)
Section 143(3) & 144 (Faceless Assessment Framework)
Section 147 & 148 (Income Escaping Assessment Proceedings)
Section 192-195 & 206C (Withholding TDS & TCS Compliances)
Section 253 (Appeals before ITAT)

Statutory Forms & Schedules

ITR 1-7Form 3CDForm 3CEBForm 15CBForm 24Q/26QForm 13Form 35

Direct Tax & ITAT Appellate Desk

Field Practice Benchmark

Disciplined Statutory Oversight &bullet; 40+ Years Practice Continuity

Partner Perspective & Methodology

Statutory Certainty in a Digitally Monitored Regulatory Era

“Under the faceless assessment regime and real-time AIS/26AS portal tracking, tax compliance demands continuous forensic reconciliation, not year-end firefighting.”

— Partner, Tax & Regulatory Practice

Every return, audit report, and appellate submission undergoes direct partner-level technical scrutiny before electronic sign-off.

Zero-Defect Audit Trail

ICAI SQC 1 Quality Vetted

Core Competency Matrix

Four Pillars of Practice Mastery

Structured into specialized sub-disciplines to provide end-to-end statutory depth.

Pillar 01

Tax Structuring & Planning

Corporate tax optimization & business transaction structuring
Capital gains planning and Section 54/54EC/54F reinvestment advisory
Advance Tax forecasting, cash flow planning, and minimum alternate tax (MAT/AMT)
DTAA (Double Tax Avoidance Agreement) relief and cross-border tax advisory

Pillar 02

Statutory Audits & Certifications

Tax Audit under Section 44AB with Forms 3CA/3CB and detailed Form 3CD reporting
Transfer Pricing Audit & Documentation under Section 92E (Form 3CEB)
Form 15CB Chartered Accountant certification for foreign outward remittances
Net worth, turnover, and statutory financial certifications for regulatory bodies

Pillar 03

Returns & Withholding (TDS/TCS)

Preparation & e-filing of ITR-1 through ITR-7 for corporates, firms, LLPs, trusts, and HNIs
Quarterly TDS/TCS return compilation & filing (Forms 24Q, 26Q, 27Q, 27EQ)
Form 16/16A generation and TRACES portal mismatch rectifications
Applications for lower or nil withholding tax certificates (Form 13)

Pillar 04

Assessments, Scrutiny & ITAT Appeals

Drafting technical submissions for faceless assessment notices (Sec 142(1), 143(2))
Handling reassessment proceedings under Section 147/148 and penalty notices
Drafting memorandum of appeals (Form 35) and arguing before CIT(Appeals) / NFAC
Briefing, drafting, and representation before the Income Tax Appellate Tribunal (ITAT)

Deliverables & Engagements

Comprehensive Scope of Services

Every engagement under Income Tax (Direct Tax) is executed with meticulous documentation, statutory accuracy, and accountable reporting.