Direct Tax Services: Keeps You Compliant, Informed and In Control
We help you handle direct tax matters smartly - from tax planning to assessments, we handle the details while you grow.
Direct Tax: More Than Just Filing Taxes
Direct taxes are not just a matter of compliance - they influence how capital is deployed, how growth is funded and how risks are managed.
With India making it easier to do business, more investors are looking to put their money here. But it is not easy when you look at the ever-changing tax rules. With the complex regulations and cross-border requirements, these rules can sometimes lead to compliance risks, unexpected costs and delays - unless they are properly understood and managed "at the right time".
At MSA, we take care of your direct tax matters – from calculating your tax liability and preparing returns, to guiding you through deductions, assessments and compliance checks. Whether you are an individual or a business, our approach is clear. We deliver value by minimising tax exposure and keep you informed throughout.
For corporate entities, high-net-worth individuals and businesses of all sizes, direct tax planning and being compliant with direct taxes is an essential part of their financial strategy. As such, MSA helps corporates, HNIs and growing businesses manage and pay direct taxes with precision, foresight and full regulatory alignment.
Are You Overlooking These Critical Tax Aspects?
Even the most financially savvy businesses and individuals can miss certain tax areas that quietly impact compliance or increase tax liability. Here are some common gaps we've seen:
Wrong Residential Status
Your taxability depends heavily on this - but many overlook the impact of travel days or ties to India when calculating it.
Mismatch in Heads of Income
Clubbing capital gains, business profits or rental income without understanding their tax treatment can lead to wrong disclosures.
Untracked TDS Deductions
Missed deductions or incorrect deposit timelines can cause penalties or notices - especially in high-volume vendor payments.
Overlooking Transfer Pricing Compliance
If you deal with related entities - even domestically - you may need a transfer pricing report and certification.
DTAA Benefits Not Claimed Properly
Are you paying full tax when a lower rate is available under treaty benefits? Often, documentation like TRC and Form 10F is either missing or wrong.
Advance Tax Payments Miscalculated
Many businesses underpay in Q1 and scramble later - this affects cash flow and invites interest penalties.
With MSA by your side, you can pay direct tax on time, avoid penalties, and keep your records clean.
Our Direct Tax Services - Practical Support, Real Answers
From the normal tax filings to complex tax structuring, MSA will help you stay compliant, reduce liabilities and guide you through India's ever-evolving direct tax situations with confidence.
Income Tax Return Filing
We prepare and file your income tax returns with accuracy - whether you are salaried, a business owner or an investor. We also help track refunds, claim deductions and avoid common errors that might trigger notices or delays.
Advance Tax & Self-Assessment Calculations
We help you estimate and pay advance taxes on time - based on projected income, prior year trends and current business conditions - so you avoid interest penalties or last-minute cash flow stress at the end of each quarter.
TDS Advisory & Compliance
From identifying which payments attract TDS to monthly deposits and quarterly return filings - we help businesses stay on track. We also guide you through mismatches, late fees and reconciliation of 26AS or Form 16/16A.
Corporate Tax Advisory & Compliance
We guide companies on tax positions, deduction planning and statutory disclosures under the Income Tax Act. From filing corporate returns to handling scrutiny or changes in business models - we support your tax obligations without overengineering the process.
Capital Gains Tax Advisory
Buying or selling property, stocks or other capital assets? We help you track holding periods, apply indexation where eligible and guide you on exemptions under sections like 54 or 54F - so you do not pay more than you need to.
Minimum Alternative Tax (MAT) & Dividend Taxation
We help you understand MAT liability, credit carry-forwards and dividend tax rules - especially post-Dividend Distribution Tax changes. Our experts simplify calculations, disclosures and how it fits into your broader tax strategy, especially for private limited and listed companies.
Tax Audit & Reporting
If your turnover crosses prescribed limits, we assist with end-to-end tax audit preparation, financial review, audit report filing (Form 3CA/3CB/3CD) and follow-up on queries - ensuring compliance and better readiness for assessments.
Transfer Pricing Documentation
Whether you are dealing with associated enterprises in India or abroad, we help determine arm's length pricing, prepare transfer pricing documentation and get certifications to meet regulatory obligations and reduce exposure to future disputes.
International Taxation & DTAA Advisory
Doing business across borders? We decode the implications of global income, foreign remittances and treaty benefits. Our team helps you claim DTAA relief, avoid double taxation and prepare required documents like TRC, Form 10F and PE declarations.
High-Net-Worth Individual (HNI) Tax Planning
We work with HNIs to structure their income and investments across real estate, equities, family trusts and international assets - ensuring tax efficiency, regulatory compliance and a clear picture of what applies under Indian tax law.
Tax Structuring for Businesses
Whether you are incorporating a new venture, spinning off a unit or restructuring shareholding - we help design a tax structure that aligns with your business goals, complies with income tax law and avoids future regulatory trouble.
Assessment & Litigation Support
Received a notice under Section 143(1) or 148? We step in - draft responses, attend hearings and represent you before income tax authorities, from assessments to CIT (Appeals) and ITAT, all while keeping you informed and prepared.
The Role of Direct Tax Planning in Scaling Businesses
As your business grows, so do the risks of tax leakages, missed credits or wrong disclosures. Planning your direct taxes is not just about saving today - it is about setting up the right structure for tomorrow. From choosing the best profit distribution model to managing MAT, dividend tax and inter-company transactions, tax strategy becomes a key part of decision-making.
At MSA, we work with growing businesses to align tax planning with their funding, expansion and restructuring goals - so that taxes do not become a hurdle, but a tool for smarter growth.
Getting Direct Tax Right Shouldn't Be This Hard
Missed deadlines, mismatched disclosures or just not knowing which rule changed last week - direct tax issues often show up when you least expect them. And when they do, the cost is more than just interest or penalty.
At MSA, we help you stay ahead - by planning smartly, filing accurately and supporting you through audits, notices and every stage of your tax journey.
Let's talk today - our team is here to help you take control. We help you to pay direct tax on time.
Our Key Experts For Direct Tax
CA Mukunda
Areas of Specialisation:
- Direct Tax Advisory
- Corporate Tax Planning
- Tax Audit Support
- FEMA & RBI Coordination
CA Devendra Nayak
Areas of Specialisation:
- Tax Law Compliance
- Litigation & Representation
- Transfer Pricing Risk Assessment
- NRI Investment Taxation
CA Abilash R
Areas of Specialisation:
- Tax Audit Support
- Corporate Tax Filings
- Direct Tax Advisory
CA Mani Thoka
Areas of Specialisation:
- Indirect Tax Advisory
- GST Filing & Reporting
- Customs & Excise Advisory
- Expatriate Tax Advisory