Income Tax Services

Complete Income Tax Practice — Compliance, Advisory & Representation | Phagwara, Punjab 

At N.K. Gaba & Co., Income Tax is a core pillar of our practice. We provide end-to-end solutions ranging from routine compliance to complex dispute resolution. Our firm specializes in the entire litigation lifecycle—from handling Scrutiny Assessments and drafting robust technical replies to providing formidable representation in First Appeals before the Commissioner of Income Tax (Appeals) and at the Income Tax Appellate Tribunal (ITAT).

As the legal landscape shifts with the introduction of the Income Tax Act, 2025, staying compliant requires more than just filing—it requires a strategic partner to navigate renumbered sections, revised thresholds, and new procedural mandates. We offer the unique advantage of deep expertise in both the Income Tax Act, 1961 and the new 2025 regime, ensuring a seamless transition for our clients while maintaining the highest standards of technical accuracy and advocacy.

Our Income Tax Services:

Income Tax Return Filing

Preparation and filing of Income Tax Returns under Section 263 of ITA 2025 (earlier Section 139 of ITA 1961) for individuals, HUFs, partnership firms, LLPs, companies, and trusts — including e-filing of ITR-1 through ITR-7 as applicable. We ensure accurate computation of income, application of eligible deductions, and timely submission to avoid interest and penalties.

Tax Planning & Advisory

Structured Tax Planning for individuals and businesses to legitimately reduce tax liability — including advice on regime selection (Old vs New), investment planning under Chapter VI-A, capital gains planning, and business structuring. Advisory on the Income Tax Act, 2025 and its implications for taxpayers transitioning from ITA 1961.

TDS / TCS Compliance — IT Rules 2026

Filing of TDS/TCS Returns — Form 138 / Form 140 / Form 144 / Form 143 (earlier Form 24Q / 26Q / 27Q / 27EQ under IT Rules 1962) — under the Income Tax Rules, 2026. Issuance of TDS Certificates — Form 130 / Form 131 (earlier Form 16 / Form 16A). Correction of TDS defaults, and advisory on applicable TDS rates and thresholds under the Income Tax Act, 2025 and the Income Tax Rules, 2026. We assist buyers and sellers with TDS on property and other specified transactions (Form 141, earlier Form 26QB / 26QC / 26QD / 26QE).

Advance Tax Computation

Computation of Advance Tax liability for businesses and individuals, with quarterly payment schedules and advisory on avoiding interest under Section 424 and Section 425 of ITA 2025 (earlier Sections 234B and 234C of ITA 1961).

Income Tax Notices & Assessments

Drafting of replies to Income Tax notices under Section 270 / Section 279 / Section 280 of ITA 2025 (earlier Sections 143(2) / 147 / 148 of ITA 1961) and other applicable provisions. Representation before Assessing Officers during scrutiny assessments and reassessment proceedings. Our replies are precise, legally grounded, and supported by relevant judicial precedents.

Appeals — CIT(Appeals) & ITAT

Filing and arguing of Appeals before the Commissioner of Income Tax (Appeals) and the Income Tax Appellate Tribunal (ITAT). Preparation of Grounds of Appeal, Written Submissions, and Paper Books. Advisory on further legal remedies including High Court reference.

Rectification, Refunds & Penalty Matters

Filing of Rectification Applications under Section 287 of ITA 2025 (earlier Section 154 of ITA 1961), follow-up on pending Income Tax Refunds, and representation in Penalty proceedings under Section 439 of ITA 2025 (earlier Section 270A of ITA 1961) and related provisions.

International Taxation & NRI Advisory

Advisory on Double Taxation Avoidance Agreements (DTAAs), Tax Residency Certificates, and Remittance Compliance under Rule 220 of the Income Tax Rules, 2026 — Form 145 and Form 146 under ITA 2025 (replacing Form 15CA and Form 15CB under ITA 1961, effective 1st April 2026). We also assist with NRI Income Tax Return Filing and Lower TDS Certificate applications under Section 395 of ITA 2025.

→ View NRI Services

Income Tax Act 2025 — Transition Advisory

The Income Tax Act, 2025 restructures the existing Income Tax law with renumbered sections, consolidated provisions, and revised thresholds, effective from FY 2026-27. We provide advisory on the key changes, their implications for your tax position, and the transition requirements for businesses and individuals.

→ Read ITA 2025 Key Changes Summary

For Income Tax Return Filing, Notices, Appeals, or any other Income Tax matter, contact our office or submit your query online.

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