ANIL D'SOUZA AND ASSOCIATES

Corporate

Income tax is the direct tax paid by individuals to the Central Government of India. It is imposed on income to generate government revenue and plays a vital role in economic growth and stability. Income Tax in modern India began in 1860 when the first Income Tax Act was implemented. After five years the second Income Tax Act came into existence with major changes to the first act including the new concept of Agriculture Income. After 1865 additional acts were implemented, the most significant being the Income Tax Act of 1961. According to this act, any person whose salary from any source of income exceeds the maximum limit of unchargeable amount is liable for Income Tax. There is also a provision of deduction and exemptions in Income Tax which depends on the: Type of assessee Source of income Residential status Investment in saving schemes

In today's era of startups, Business valuation has a huge significance. Valuation of the business is required for purposes such as corporate Financing, Acquisitions, Disposals, Mergers, Demergers, winding up etc. Business valuation could also be required for compliance with the Foreign Exchange Management Act (FEMA), Companies Act, Indian Bankruptcy Code and other laws. There are various methods of ascertaining valuation for a business or an asset such as Discounted Cash Flow Method, Multiple of Earning, Asset Based Value, Comparative Transaction Method. Valuations is also done by adopting combination of two or more methods of valuation. ADCA has been providing valuation services over a period of last 10 years and has built expertise to deliver quality services.

A Sole Proprietorship Firm Registration is a business that is owned, directed & run by a single person. This is a certificate in India that is utilized by small scale business operators. It refers to an individual who owns the business and is solely responsible for its debts. Proprietorship is recognized by other registration like sales tax registrations and the owner has to pay taxes on the income from the business as personal income tax payments. ADCA is a fast growing company when it comes to company registration services in bangalore providing the Pvt.Ltd., LLP, Individual Company Registration, sole proprietorship registration and much more. We provide you with all the assistance that you need in obtaining your proprietorship firm registration in bangalore.

GST is an Indirect Tax, which is collected from the buyer or receiver of goods and services and deposited with the government. GST (Goods & Service Tax) registration is mandatory for suppliers of goods and services with turnover exceeding Rs 20 lakh, In the case of supplier of exclusively goods within the state, the turnover limit is Rs 40 lakh. Voluntary registration can be obtained even before achieving the turnover limit for mandatory registration. Once registration is obtained it is mandatory to charge GST irrespective of the turnover. In the case of a private limited company, GST Registration is granted along with company registration itself.

We provide the following Services : Advice on tax planning Advice on business funding & Compliance & Meeting Investor requirements Valuation of business Bank finance documentation & Coordination Structuring of ESOP & Other Employee benefits.