JK Consultant specializes in providing comprehensive GST services and enhancing the GST registration process for businesses in India. Our approach ensures a seamless and efficient registration process, enabling businesses to comply with GST regulations effortlessly. Here’s how we can assist you:

Procedure for GST Registration:

Check Eligibility: We ensure that your business meets the eligibility criteria for GST registration, including turnover thresholds and business type.

Gather Documents: Our team helps you prepare all the necessary documents required for GST registration, including PAN card, proof of business ownership, identity and address proofs of promoters/partners/directors, bank account details, and business registration documents (if applicable).

Online Application: We guide you through the online GST registration application process on the GST portal, ensuring that all required information is provided accurately and necessary documents are uploaded.

Verification: After submission, we track the progress of your application and assist with any additional information or documents requested by the GST authorities for verification.

Approval: Upon verification and approval by the GST authorities, we ensure that your GST registration certificate containing the GSTIN (Goods and Services Tax Identification Number) is promptly issued.

Start Filing Returns: Once GST registration is obtained, we continue to support you by assisting in filing GST returns as per the prescribed schedule.

Eligibility Criteria for GST:

We clarify that GST registration is mandatory for entities engaged in the supply of goods or services with annual turnovers exceeding the GST threshold set by the government. This threshold is Rs. 20 lakhs for the service sector and Rs. 40 lakhs for goods (product selling). However, certain entities engaged in exempted supplies or dealing with specific categories of goods and services may not be eligible for GST registration.

At JK Consultant, we streamline the GST registration process on your behalf, requiring only the necessary legal documents and your authorization. Our expertise ensures compliance with GST regulations, enabling you to focus on your core business activities. Whether you’re a small business or a large enterprise, we’re here to support you in navigating the complexities of GST registration and compliance effectively.

Individual Income Tax: 

Tax Planning: JK Consulting assists individuals in minimizing their tax liabilities by providing strategic tax planning advice. This involves optimizing investments, claiming deductions, and utilizing tax-saving instruments like Provident Fund contributions, life insurance premiums, and health insurance premiums.

 Income Tax Return Filing: The consultancy helps individuals prepare and file their income tax returns accurately and on time. This includes computing taxable income, claiming deductions and exemptions, and submitting the required documentation to the Income Tax Department. 

Tax Advisory Services: JK Consulting offers personalized advice to individuals on various aspects of income taxation, such as capital gains tax, income from house property, tax implications of investments, and any other queries related to individual taxation. 

Business Income Tax: 

 Corporate Tax Planning: JK Consulting provides businesses with strategic tax planning services to optimize their corporate tax liabilities. This involves structuring transactions, utilizing tax incentives, and ensuring compliance with tax laws to minimize tax risks. 

Tax Compliance: The consultancy assists businesses in complying with their tax obligations, including filing corporate tax returns, paying taxes on time, and adhering to TDS (Tax Deducted at Source) regulations for payments made to vendors, employees, etc. 

Compliance and Reporting: 

Record Keeping: JK Consulting advises individuals and businesses on maintaining accurate financial records and documentation to support their income tax filings. 

Tax Audit Support: In the event of an income tax audit, JK Consulting provides support to clients by assisting with document preparation, responding to queries from tax authorities, and representing clients during audit proceedings.

 Annual Compliance: The consultancy ensures that individuals and businesses fulfill all annual compliance requirements, such as filing annual returns, quarterly TDS returns, and other statutory filings mandated by the Income Tax Department.