(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
Commercial transactions
Compliance And Returns
Compliance of the RBI Guidelines
Cross-border transactions
Customs procedure
Double Taxation Avoidance Treaties (DTAA)
Dual Taxation advice
Duty entitlements
Export Oriented Units
Filing of Advance Tax
Foreign Exchange Management Act (FEMA) compliance
Foreign tax advice
Foreign Trade Zone (FTZ)
Goods And Service Tax
Import and export levies
Income Tax Issues & Representation
Income Tax Returns (ITR)
Levy Of Anti-Dumping And Safeguards Duties
Mergers and acquisitions
Offshore tax issues
Restructuring and reconstruction
Sales Tax Issues & Representation
Service Tax Issues & Representation
Special Economic Zones (SEZ)
Tax Appeals
Tax Law Documentation
Taxation laws
Taxation of Companies
Taxation of Foreign Nationals
Taxation of Partnership Firms
Valuation planning
Warehousing
Legislations Governing Taxation in India
Accounting Standards Notified under Section 145(2) Authority for Advance Rulings (Procedure) Rules, 1996 Air
(Prevention And Control of Pollution) Act, 1981
Apprentices Act, 1961
Arbitration And Conciliation Act, 1996
Bank Term Deposit Scheme, 2006
Banking Cash Transaction Tax Central Boards of Revenue Act, 1963
Banking Cash Transaction Tax Rules, 2005
Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015
Capital Gains Accounts Scheme, 1988
Central Board of Revenue Act, 1963
Central Excise Act, 1944
Central Excise Laws (Amendment & Validation) Act, 1982
Central Sales Tax, 1956
Central Value Added Tax (CENVAT)
Centralised Processing of Returns Scheme, 2011
Charitable And Religious Trusts Act, 1920
Charitable Endowments Act, 1890
Chartered Accountants Act, 1949
Code of Criminal Procedure, 1973
Commodities Transaction Tax
Companies (Accounting Standards) Rules, 2006
Companies (Auditors Report) Order, 2003
Companies Act, 2013
Company Secretaries Act, 1980
Competition Act, 2002
Conservation of Foreign Exchange And Prevention of Smuggling Activities Act, 1974
Consumer Protection Act, 1986
Copyright Act, 1957 Cost And Works Accountants Act, 1959
Credit Information Companies (Regulation) Act, 2005
Customs Act, 1962
Customs Tariff Act, 1975
Deposit Scheme for Retiring Employees of Public Sector Companies, 1991
Deposit Scheme for Retiring Government Employees, 1989
Depositories Act, 1996 Designs Act, 2000
Direct Tax Dispute Resolution Scheme Rules, 2016
Direct Tax Vivad se Vishwas Act, 2020
Direct Tax Vivad se Vishwas Rules, 2020
Economic Offences (Inapplicability of Limitation) Act, 1974
Electronic Filing of Returns of Tax Collected at Source Scheme, 2005
Electronic Filing of Returns of Tax Deducted at Source Scheme, 2003
Electronic Furnishing of Return of Income Scheme, 2004
Electronic Furnishing of Return of Income Scheme, 2007
Electronic Hardware Technology Park Scheme Employees Stock Option Plan or Scheme Equity Linked Savings Scheme, 2005
Emblems And Names (Prevention of Improper Use) Act, 1950
Employees Compensation Act, 1923
Employees Provident Funds And Miscellaneous Provisions Act, 1952
Employees’ State Insurance Act, 1948
Employers’ Liability Act, 1938
Environment Protection Act, 1986
Equal Remuneration Act, 1976
Equalisation Levy
Essential Commodities Act, 1955
European Economic Community International Institutional Partners Scheme, 1993
Furnishing of Return of Income on Internet Scheme, 2004
General Clauses Act, 1897
Gift-Tax Act, 1958
Gold Bonds (Immunities And Exemptions) Act, 1993
Goods and Services Tax
Guidelines for Providing Training by Shipping Companies for Tonnage-Tax Scheme under Chapter Xii-G of Income-Tax Act Hospitalisation And Domiciliary hospitalisation Benefit Policy Income Declaration Scheme Rules, 2016
Hindu Adoptions And Maintenance Act, 1956
Hindu Marriage Act, 1955
Hindu Minority And Guardianship Act, 1956
Hindu Succession Act, 1956
Income Tax Act, 1961
Income Tax Settlement Commission (Procedure) Rules, 1997
Income-tax (Appellate Tribunal) Rules, 1963
Income-tax (Certificate Proceedings) Rules, 1962
Income-tax (Dispute Resolution Panel) Rules, 2009
Income-tax Act, 1961
Income-Tax Ombudsman Guidelines, 2010
Income-tax Rules Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Rules, 2015
Instructions to Subordinate Authorities – Authorisation Regarding Condonation of Delay in Filing Refund Claim Investment Deposit Account Scheme, 1986
Insurance Regulatory And Development Authority Act, 1999
Interest Tax Act; National Tax Tribunal Act, 2005
Interest-Tax Act, 1974
Issue of Foreign Currency Convertible Bonds And Ordinary Shares (Through Depositary Receipt Mechanism) Scheme, 1993
Issue of Foreign Currency Exchangeable Bonds Scheme, 2008
Labour Laws (Exemption from Furnishing Returns And Maintaining Registers by Certain Establishments) Act, 1988
Land Acquisition Act, 1894
Legal Metrology Act, 2009
Limitation Act, 1963
Limited Liability Partnership Act, 2008
Maternity Benefit Act, 1961
Micro, Small And Medium Enterprises Development Act, 2006
Minimum Wages Act, 1948
National Green Tribunal Act, 2010
National Savings Certificates (IX-Issue) Rules, 2011
National Savings Certificates (Vi Issue) Rules, 1981
National Savings Certificates (Vii Issue) Rules, 1981
National Savings Certificates (Viii Issue) Rules, 1989
National Savings Scheme Rules, 1987
National Savings Scheme Rules, 1992
National Tax Tribunal Act, 2005
Negotiable Instruments Act, 1881
Partition Act, 1893
Patents Act, 1970
Payment of Bonus Act, 1965
Payment of Gratuity Act, 1972
Payment of Wages Act, 1936
Personal Injuries (Compensation Insurance) Act, 1963
Preference Shares (Regulation Of Dividends) Act, 1960
Prevention of Corruption Act, 1988
Prevention of Money Laundering Act, 2002
Prohibition of Benami Property Transactions Act, 1988
Prohibition of Benami Property Transactions Rules, 2016
Public Liability Insurance Act, 1991
Public Provident Fund Act, 1968
Public Provident Fund Scheme, 1968
Recovery of Debts Due to Banks And Financial Institutions Act, 1993
Registration Act, 1908
Reserve Bank of India Act, 1934
Reverse Mortgage Scheme, 2008
Right to Information Act, 2005
Sale of Goods Act, 1930
Sales Promotion Employees (Conditions of Service) Act, 1976
Scheme for Bulk Filing of Returns by Salaried Employees, 2002
Scheme for Filing of Returns by Salaried Employees Through Employer, 2004
Scheme for Furnishing of Paper Returns of Tax Collected at Source, 2005
Scheme for Furnishing of Paper Returns of Tax Deducted at Source, 2005
Scheme to Develop, Operate ＆ Maintain Special Economic Zones under Section 80-Ia of The Income-Tax Act Read with Rule 18C(2) of Income-Tax Rules SEBI (Issue Of Capital And Disclosure Requirements) Regulations, 2009
SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018
Securities And Exchange Board of India Act, 1992
Securities Contracts (Regulation) Act, 1956
Securities Lending Scheme, 1997
Securities Transaction Tax
Securities Transaction Tax Rules, 2004
Securitisation And Reconstruction of Financial Assets And Enforcement of Security Interest Act, 2002
Software Technology Parks Scheme Tax Return Preparer Scheme, 2006
Special Bearer Bonds (Immunities And Exemptions) Act, 1981
Special Court (Trial of Offences Relating to Transactions in Securities) Act, 1992
Special Economic Zone Act, 2005
Specific Relief Act, 1963
State Emblem Of India (Prohibition Of Improper Use) Act, 2005
Trade Marks Act, 1999
Transfer of Property Act, 1882
Urban Land (Ceiling And Regulation) Repeal Act, 1999
Various Finance Acts
Voluntary Deposits (Immunities And Exemptions) Act, 1991
Waiver or Reduction of Interest Wealth-Tax Settlement Commission (Procedure) Rules, 1997
Water (Prevention And Control of Pollution) Act, 1974
Wealth-Tax Act, 1957
Wealth-Tax Rules, 1957
Weekly Holidays Act, 1942
Region of Practice
Supreme Court of India
High Court of various states
The Central Board of Direct Taxes
Income-Tax Appellate Tribunal (ITAT)
Directors-General of Income-tax
Chief Commissioners of Income-tax
Directors of Income-tax
Commissioners of Income-tax
Commissioner of Income-Tax (Appeals)
Additional Directors of Income-tax
Additional Commissioners of Income-tax
Additional Commissioners of Income-tax (Appeals)
Deputy Directors of Income-tax
Deputy Commissioners of Income-tax
Deputy Commissioners of Income-tax (Appeals)
Assistant Directors of Income-tax
Assistant Commissioners of Income-tax
Income-tax Officers
The Assessing Officer
Tax Recovery Officers
Inspector of Income-tax
Central Board of Excise and Customs (CBEC)
Customs, Excise and Service Tax Appellate Tribunal (CESTAT)
Commissioners of Customs and Excise
Designated Authority with regard to Anti-Dumping Duties
Financial Action Task Force on Money Laundering (FATF).
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.
Do not suggest/ insist on corrupt measures – bribery, undue influence or favour etc.
Do not suggest/ insist on using law to cause harm, revenge, vengeance, or sadistic pleasure.
Do not suggest/ insist on using law for arm-twisting and routing for a compromise.
Do not tell lies/ concoctions.
**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
Public Dealing and Work Timings
Mon – Fri: 10:00am to 6:00pm
Saturday & Sunday: on prior and special request, depending on availability.
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:
