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What is TAX Compliance, TAX Advisory and TAX Litigation?

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Project Info

Client London Bank
Skills System integration, System Plan

Project Description

In simplest words, paying taxes on time and in prescribed formats is TAX Compliance.

Guidance on Tax implication by analysing in a holistic way and from 360 degrees perspective proactively is TAX Advisory.

Dispute between the person and the Revenue authorities is TAX Litigation which include pre-court assessments, reassessments, revisions, court orders and appeals.