Tax Professional Services

Tax authorities are employing dynamic policies and enforcement strategies in response to evolving business needs. KGS Tax Services delivers tailor-made service offerings in both the Tax Compliance and Tax Advisory spaces. KGS supports KPMG member firms on a broad range of domestic and foreign tax matters, including understanding their global effective tax rate, the tax impact of business re-structuring and preparing for the impact of new and proposed regulations. Tax Compliance teams review and file tax returns for both corporates and individuals, along with indirect tax computation and filing.

Our team and offerings:

Global Mobility Services, Mobility Consulting and Global Coordination

Preparation, review and signing of returns and related work papers; global engagement coordination, payroll services, cost projections, tax equalizations, etc.

Business Tax Services

Preparation & review of tax return-related work papers and tax returns for corporate, trust and partnership clients

Data Analysis and Tax Technology Services

Data input, organization, analysis, application development and maintenance, testing, quality assurance and business analysis.

Indirect Tax Compliance

Preparation and processing of sales/use tax returns, GST/PST, business and occupation taxes, business licenses, tax exemption certificate management, handling and resolving tax notices, sales/use tax registrations, refunds, property tax compliance, etc.

Transfer Pricing

Transfer Pricing benchmarking studies, preparation of company overviews, industry analyses and transfer pricing documentation support

Mergers and Acquisitions

Tax due diligence and other specific M&A services, including change of control studies, E&P studies, stock basis studies and transaction cost analyses (TCA)

Valuation Services

Business valuation, intangible asset valuation, tangible asset valuation, loan valuation and stock compensation valuation

Personal Tax Services

Preparation and review of tax returns and related work papers for High Net Worth Individuals

Engagement Administrative Support Services

Engagement financial management, engagement set up and tax processing support services for Tax engagements

Countries supported

Currently, KGS Tax Professional Services supports more than 20 countries with large engagements in the US, the UK, Canada and Australia

About the team

Over 400 graduates and 1,200 postgraduates lend their skills and expertise to KGS Tax Professional Services.

Comments

Date Extended for filing Form 10B/10BB and Form ITR-7 for the Assessment Year 2023-24

The CBDT issued Circular No. 16/2023 dated September 18, 2023 regarding the extension of timelines for filing of Form 10B/10BB and Form ITR-7 for the Assessment Year 2023-24. On consideration of difficulties reported by the taxpayers and other stakeholders, the Central Board of Direct Taxes (CBDT), in exercise of its powers under Section 119 of the Income-tax Act, 1961 (Act), provides relaxation in respect of following compliances: The due date of furnishing Audit report under clause (b) of the tenth proviso to clause (23C) of section 10 and sub-clause (ii) of clause (b) of sub-section (1) of section 12A of the Income-tax Act, 1961, in the case of a fund or trust or institution or any university or other educational institution or any hospital or other medical institution in Form 10B/Form 10BB for the Previous Year 2022-23, which is September 30, 2023, is hereby extended to October 31, 2023. The due date of furnishing of Return of Income in Form ITR-7 for the Assessment Year 202

Here is a list of such common ITR documents that are required to file ITR in FY 2022-23 (AY 2023-24)

Income Tax Filing Online Toggle navigation ITR Filing ITR filing deadline missed? Don't Worry you still have a chance! File a Belated ITR for AY 2023-24 File ITR Now *Late fee applicable Trusted by 1 MillionTrusted by 1 Million+ Secure & SafeSecure & Safe 4.8 Star User Rating4.8 Star User Rating HomeIncome TaxE-Filing of ITRDocuments Required for Income Tax Return (ITR) Filing in India FY 2022-23 (AY 2023-24) Documents Required For Income Tax Return (ITR) Filing In India FY 2022-23 (AY 2023-24) Updated on: 03 Aug, 2023 01:04 PM To file Income Tax Returns in India, there is a list of preparations you need to make so that you can make your ITR filing process hassle-free. Considering this, the Government of India gives taxpayers sufficient time to compile their documents, like the bank statements, salary/income details, previous year's tax statements, etc. Every individual liable to file taxes is required to possess these documents for hassle free filing. The process of fi

GST Invoice Format for Services in Excel, Download GST Invoice Format

GST Invoice Format for Services in Excel, Download GST Invoice Format in MS Excel Format. GST Invoice Format Service Provider in Excel. “invoice” or “tax invoice” means the tax invoice referred to in section 31 of CGST Act 2017. In respect of services: A tax invoice for supplying services should be issued within 30 days from the date of supply of the taxable service. However, the Government is empowered to notify certain categories of services wherein any other document relatable to the supply would be treated as the tax invoice, or for which no tax invoice is required to be issued at all. Download GST Invoice Form in XLSX Format . Now scroll down below n download GST Invoice Format for Services in Excel format...Please check mored details for " GST Invoice Rules 2017 " & GST Invoice Formats 2017.. Download Now Download Count62Category GST Size184 KBTotal Files1Upload DateMay 29, 2017Last UpdatedMay 29, 2017

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