Personal Income Tax Planning & Consultancy
Tax Advisory in India
Tax Planning Is a Year-Round Process
A job change, an investment sale or a move abroad can change what you need to consider at tax time. At We.TAcc, we begin with your circumstances, bring the relevant records together and explain what they mean for your tax position. Our tax consultancy in India can address a particular decision or include the filing work we agree with you.
How We.TAcc helps with income tax
Tell us what you need to decide or resolve.
You may be weighing a sale, checking figures before filing or looking for advice through the year. We listen first, then agree with you on what needs to be reviewed and what we will deliver.
Income Tax Planning & Advisory
If a decision is ahead, we review your income, eligible claims and tax regime options. We work through the figures with you and explain any tax payments you may need to plan for.
What affects your income tax position?
The details that make a difference.
Your earnings are one part of a tax review. Investments, property, tax records and the regime that applies to you can also affect the answer. We may need to consider:
Income
Salary, bonuses and other earnings from your work.
Investments
Income and gains from shares, mutual funds and other holdings.
Property
Rental income and the implications of a property sale.
Other income
Interest, professional or business income and additional sources.
Tax records
Form 26AS, AIS/TIS, TDS certificates and your own statements.
Tax regime
The old and new regimes, assessed under the rules relevant to your circumstances.
Old or new tax regime?
You may be wondering which regime suits your circumstances. The old and new regimes differ in tax rates and available claims, so we compare them using your total income, eligible deductions and the rules that apply to you. We talk through the result before you choose, where a choice is available.
Compare the two regimes
Move the sliders to see how the two regimes compare on your own figures.
Deductions such as 80C, 80D and housing interest apply under the old regime. The new regime is calculated without them.
Tax payable
On these figures the new regime works out ₹1,43,000 lower.
Illustrative only. Calculated on the slab rates, standard deduction, rebate and cess configured for this tool, for an individual below 60 with no surcharge. Your own position may differ.
When should you review your taxes?
Some moments are worth checking before the next return.
A job change or bonus
You may have income and tax deducted by more than one employer to bring together.
An investment or property sale
The gain or loss may need to be calculated and reported.
A new source of income
Rent, interest or professional earnings may change your full-year calculation.
Figures that do not match
Your statements and the information in Form 26AS or AIS may need to be reconciled.
A move into or out of India
Your residential status and tax position may need a fresh look.
A tax notice
Its deadline and the records behind it deserve prompt attention.
If something has changed, tell us about it. We can help identify which records matter and what needs attention now.
How the work proceeds
You will know what we are looking at and why.
Tell us what you need
We begin with the question, transaction, return or notice on your mind, including any deadline.
Agree on the scope
We tell you which documents would help and agree on the work before we begin.
Review the information
We go through the income, transactions and tax records involved, and ask you about anything that needs clarification.
Explain and act
We talk you through the calculations and available options. If filing or other work is agreed, we take care of that next.
Follow through
We share what has been completed and let you know about any payment, response or later review that may be needed.
Frequently asked questions
Questions we are often asked.
Start with whatever brought you here: a decision, a transaction, a return or a concern about your tax position. We will tell you which records we need and agree on the work before we begin.
Closing consultation
Let’s talk through your tax question.
Bring us the decision, return or discrepancy you would like help with. We will listen, explain which records would help and talk through the work we could do together. You will know what we propose before we begin.
Talk to an Advisor