Tax Lawyers in Chandigarh

(Insights about law firm’s taxation law practice, taxation lawyers, fields of interest, region, steps of retention and procedure on taxation law cases.)

The tax regime in India is governed by two types of Taxes- Direct Taxes & Indirect Taxes. Direct Taxes are broadly classified as Income Tax & Corporate Tax. Goods and Services Tax is a unified tax that has replaced all the indirect taxes in India. Tax laws are not only about computation, but also about checks, balances, regulation, and timely compliance. Therefore, can become confusing and complex for business especially if they end up on the wrong side of the law, be it unintentional. In crisis-like situations caused by Taxation related legal issues, B&B Associates LLP provides dependable and efficient solutions to sail clients through their taxation related legal issues. The law firm works with the best taxation lawyers and tax law advocates in Chandigarh along with some renowned chartered accountants who’re learned in tax law, bear an in-depth knowledge, and have an exhaustive experience of handling client matters.

About our Taxation Lawyers in Chandigarh

Our taxation lawyers in Chandigarh assist companies and businesses in developing strategies to optimize their fiscal responsibilities and compliance towards the domestic and foreign laws. Besides, our tax law advocates effectively and strongly represent clients and their matters before the concerned taxation tribunals while watching and safeguarding their best interest. Our lawyers ensure that the client is not hit by any unfair tax or any unfair policy adopted by any tax department against them. The law firm works closely with clients in matters related to overcharge, refund, wrong taxation, wrong computation etc. Since indirect taxation law has changed in the past years, businesses struggle to understand the technicalities involved to have a smooth operation and our taxation lawyers offer dependable advice and viable solutions to keep the business afloat and profiteering at an optimum level.

Services offered by our taxation lawyers at B&B Associates LLP

Legislations Governing Taxation in India

Region of Practice

Legal Advice & Consultation

• Strictly by appointment.
• For appointment reservation, call +91-7710777770, or fill the form given below.
• Available methods:
  1. In-person 2. Email 3. Telephonic

CONSULTATION REQUEST FORM

Steps to Retaining B&B Associates LLP

1. Reserve appointment

• Explain your matter by filling the form above and wait for a revert. If the matter needs urgent intervention, call us on +91-7710777770.

2. Consult

• Carry all the relevant documents on the date of appointment.
• Truthfully and fearlessly depose to avail right guidance.
• Know your right recourse and follow the advice.

3. Retain

• Discuss the scope of retention.
• Submit documents and detailed narration.
• Discuss important points of concern.
• Discuss on recourse, pleadings, and arguments

Why do clients trust B&B Associates LLP?

B&B Associates LLP is trusted for quality of legal services and dealings. The firm has a service record of over 50 years, and practicing advocates with over 38 years of experience in the field of law. Unlike traditional law offices, B&B works with an efficient and disciplined management, adopts modern techniques and brings in essential factors of accountability and ethical law practice. We value both – our reputation and client relation and so we strive to deliver the best possible results to our client.

Team of B&B Associates LLP

• Mr. Mohit Bhandari & Mrs. Savita Bhandari – Founding Partners.
• Dr. Rohit Samhotra – Sr. Associate
• Mr. Ambransh Bhandari – Managing Partner
• Mr. Paras Chugh – Sr. Associate & Head Legal Research
• Mr. Sunny Menghi – Sr. Associate
• Ms. Anjali Bisht – Sr. Associate

Above-named counsels are well-versed in taxation law, however, the names are arranged per seniority of position with the firm.

Golden Rules

**We deject un-ethical and immoral practices, and reserve our rights of extending legal services only to a select clientele which exhibits civility, faith in law, sound moral footing, and good conscience. Our legal counsels defend the ones who have falsely been implicated, and prosecute for those who have actually been victimized – in either case, our counsels reserve their right of exercising discretion in accepting or rejecting a brief/ lawsuit

Taxation law FAQs

1. Income tax applies to whom?

Income tax is levied upon:

• Individuals,
• Hindu Undivided Family (HUF),
• Association of Persons(AOP)
• Body of Individuals (BOI)
• Firms
• Companies

2. What documents are to be enclosed along with the return of income?

No, there is no need to enclose any documents with income tax return.

3. How is advance tax calculated and paid?

Advance tax is to be calculated based on the expected tax liability of the year.

4. Who are the best taxation lawyers in Chandigarh at B&B Associates LLP?

• Mr. Mohit Bhandari & Mrs. Savita Bhandari – Founding Partners.
• Dr. Rohit Samhotra – Sr. Associate
• Mr. Ambransh Bhandari – Managing Partner
• Mr. Paras Chugh – Sr. Associate & Head Legal Research
• Mr. Sunny Menghi – Sr. Associate
• Ms. Anjali Bisht – Sr. Associate

5. Is agriculture income taxable?

​​​​​​​​Agricultural income is not taxable. For the meaning of Agricultural Income refer to Section 2(IA)​ of the Income-tax Act.

6. What does Profession mean?

Profession refers to the use of one’s skills and knowledge independently, such as legal, medical, engineering, architecture, accountancy, technical consultancy, interior decoration, artists, writers, etc.

7. What incomes are charged to tax under the head “Capital Gains”? ​ 

Any profit or gain arising from the transfer of a capital asset during the year is charged to tax under the head “Capital gains”.

8. What is a PAN?

​​PAN stands for Permanent Account Number. PAN and is a ten-digit unique alphanumeric number issued by the Income Tax Department.

9. What is the classification of income tax?

Section 14​ of the Income-tax Act has classified the income of a taxpayer under the following five different heads of income:

• Salaries
• Income from house property
• Profits and gains of business or profession
• Capital gains
• Income from other sources​​