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Tax Calculation Services

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Tax Calculation Services in Dwarka

Accurate tax calculation is the foundation of proper income tax compliance. It determines not only how much tax you are required to pay, but also whether you may face interest, penalties, or scrutiny later.

At Vivek Tiwari & Company, based in Dwarka Sector 23B, we provide reliable tax calculation services for individuals, professionals, and businesses who want clarity and confidence before filing returns or making tax payments.

What Is Tax Calculation?

It is the process of determining taxable income and final tax liability under the Income-tax Act, 1961. This involves classification of income, application of exemptions (like HRA, LTA) and deductions (80C to 80U), adjustment of losses, and the final calculation of tax, surcharge, and cess.

Tax Calculation Dwarka

Why Professional Calculation Matters

Correct Slabs

Avoid errors in applying the correct tax rates based on the New vs Old Regime.

Save Interest

Prevent interest liability under Section 234A/B/C by calculating advance tax accurately.

Lawful Deductions

Ensure you claim all eligible deductions under Chapter VI-A (80C, 80D, etc.) correctly.

Avoid Demand

Minimize the risk of income tax demand notices due to calculation mismatches.

Who Should Opt?

Our services are suitable for:

Salaried individuals with multiple income sources
Self-employed professionals and freelancers
Business owners and partners
Individuals with capital gains or rental income
Taxpayers planning advance tax payments
Our Process

We follow a clear and structured process:

Review: Analyzing Form 16, 26AS, AIS, and bank statements.
Classify: Classifying income under correct heads (Salary, House Property, etc).
Deductions: Applying valid exemptions and deductions.
Final Tax: Calculating surcharge, cess, and final liability.
Advice: Guiding on self-assessment or advance tax payment.

Documents Required

For online tax calculation, we generally require:

PAN details
Salary slips or Form 16
Bank statements
Investment proofs (LIC, PPF, Tuition Fee)
Capital gain statements (if any)
Form 26AS / AIS download

Common Issues We Help Resolve

Incorrect selection of tax regime, Non-reporting of interest income, Short payment of advance tax, and Mismatch between declared income and AIS data.

Frequently Asked Questions

Professional calculation reduces errors and ensures the lawful application of deductions and rates, preventing future notices.

Yes, with proper documents sent via email or WhatsApp, tax calculation can be done remotely and securely.

Yes. Correct calculation reduces the risk of mismatches between your return and the department's data (AIS/TIS) that often trigger notices.

Yes, the applicable deductions (like Standard Deduction vs Business Expenses) and income treatment differ significantly.

Ideally, before the advance tax due dates (June, Sept, Dec, Mar) to avoid interest, and definitely before return filing.

Get Clarity on Your Tax Liability

Consult Vivek Tiwari & Company in Dwarka Sector 23B for accurate, practical guidance.

  • Local presence in Dwarka
  • Practical experience with varied income profiles
  • Transparent advisory approach
  • Assistance with Advance Tax & Compliance
Call Now: +91-88000 22202

Location: Dwarka Sector 23B, Delhi