The compliance services generally include filing of statutory returns and statements, routine attending of the hearings with the income tax department as well as responding to routine income tax notices serviced on the client under the Income Tax Ordinance 2001, and the IT Rules of 2002. We also prepare the taxable income from the audited accounts so that all the allowances, credits ,exemptions and other concessionary benefits permitted under the statutes are properly and legally computed so that only that much tax is paid as is due. This in most cases reduces the tax burden drastically as accounting income is normally different from the taxable income.
We work closely with our clients to understand their unique financial situation and help them develop effective tax strategies that minimize their tax liability while remaining compliant with all relevant laws and regulations. We also help clients prepare and file their tax returns accurately and on time. In addition, We keep them up-to-date with changes in tax laws and regulations, helping clients understand how these changes may impact their financial situation and tax obligations. we also assist clients in the event of an audit, helping them respond to inquiries from tax authorities and ensuring that they are fully compliant with all relevant regulations