What is Manthan Experts?

Manthan Experts is a trusted provider of comprehensive Tax and C o m p l i a n c e services in India, offering expert solutions for businesses and individuals. Our skilled team specializes in ITR e-filing, Income Tax Demand and Notice resolution, GST Services, Accounting and Bookkeeping, Audit & Assurance and Payroll Services. With a commitment to accuracy, compliance, and efficiency, we ensure seamless tax filing regulatory adherence, and financial transparency. Whether you need assistance with tax compliance, managing notices, or streamlining your financial operations, Manthan Experts delivers tailored, timely, and reliable solutions to meet your unique needs.

What are the services offered by Manthan Experts?

We provide end-to-end Taxation and Compliance solutions, ensuring that businesses remain compliant while optimizing their performance. Our core services include: 1. Income Tax E-Filing & Return Preparation 2. Income Tax Notice Solutions & Representation 3. Comprehensive GST Services 4. Accounting & Bookkeeping Services 5. Audit & Assurance Services 6. Payroll & HR Compliance Services

How Manthan Experts maintains the Confidentiality of the Clients?

Manthan Experts strongly believes in building the trust of the clients. Our team understands how important is to keep the security and confidentiality of the client's data and information. We take important measures to ensure the same: 1. Secure Systems: Manthan Experts employs advanced technology and secure systems to safeguard client information from unauthorized access or breaches. 2. Confidentiality Agreements: All team members at Manthan Experts sign confidentiality agreements, ensuring the protection and non-disclosure of client information. 3. Limited Access: Client data is strictly accessed only by authorized personnel, minimizing the risk of unauthorized disclosure or misuse. 4. Compliance with Laws: Manthan Experts adheres to all relevant laws and regulations concerning data protection and privacy, ensuring the confidentiality of client information is maintained at all times.

How do Manthan Communicate?

Effective Communication builds strong relationships. Trust and loyalty are the key factors in any relationship and both are improved by communication i.e. focused on consulting individual needs, delivering important information and providing positive and valuable feedback. Strong relationships with the customers also builds effective communication related to the products, services and company culture and values. Sometimes customers can be a source of great ideas to help in improving the products and services. Our team is skilled & specialized in both written and spoken fluent English and Hindi language. This helps us to communicate well with our clients.

What are the benefits of working with Manthan Experts?

It's important to consider the benefits that customers might experience when availing themselves of the company's services. Here are some potential benefits: 1. Expertise and Knowledge: Manthan Experts can provide customers with access to experienced professionals who have in-depth knowledge of income tax regulations and can offer expert advice tailored to individual financial situations. 2. Accurate Tax Filing: Customers can benefit from accurate and error-free tax filing services, reducing the risk of errors and ensuring compliance with the latest tax laws and regulations. 3. Time Savings: By outsourcing income tax-related tasks to Manthan Experts, customers can save valuable time that would otherwise be spent navigating complex tax procedures. This allows them to focus on their core activities. 4. Maximized Deductions and Savings: The company's expertise can help customers identify eligible deductions, credits, and exemptions, potentially maximizing their tax savings and optimizing their financial position. 5. Personalized Tax Planning: Manthan Experts may offer personalized tax planning services, helping customers strategize for future tax obligations and make informed financial decisions. 6. Efficient Problem Resolution: In the event of any tax-related issues or disputes with tax authorities, customers can benefit from Manthan Experts' assistance in efficiently resolving problems and addressing queries. 7. Comprehensive Services: Offering a range of services beyond basic tax filing, such as financial planning, investment advice, and compliance services, can provide customers with a one-stop solution for their financial needs. 8. Transparent Fee Structure: Customers may appreciate a clear and transparent fee structure, ensuring that they understand the costs associated with the services provided by Manthan Experts. 9. Technology Integration: Utilizing advanced technologies for tax-related services can enhance the customer experience, making processes more efficient and providing access to real-time information. 10. Educational Resources: Providing customers with educational resources, such as workshops, webinars, or written materials, can empower them with knowledge about tax regulations and financial planning.

We value your inquiries and are committed to providing assistance. For any questions, concerns, or information, feel free to reach out to us using the following contact methods: Customer Support: Phone: +91-9643-969-969 Email: info@manthanexperts.com Visit Our Office: Manthan Experts Private Limited A-92 C, 2nd Floor, Building 3, Namberdar Estates, New Friends Colony Delhi- 110065

Preventive Measures to Avoid Income Tax Notice and Demand

Filing an Income Tax Return (ITR) is mandatory for various individuals and entities in India, even if they don’t owe any tax. Here’s a summary of who needs to file:

Manthan Experts

July 14, 2025

Income Tax Consultancy, Knowledge Center

Introduction

To avoid income tax notices and demand notices, taxpayers should follow preventive measures to ensure compliance and accuracy in their tax filings. Here are some key steps:

Accurate and Timely Filing of Income Tax Returns (ITR)

File your ITR before the due date to avoid penalties and scrutiny.
Ensure that you file the correct ITR form applicable to your income sources.

Maintain Accuracy in Income Reporting

Report all sources of income, including salary, business income, interest, rental income, and capital gains.
Cross-check your income details with Form 16, Form 16A, and Form 26AS to avoid mismatches.
Disclose any foreign income or assets (if applicable) to comply with legal requirements.

Verify Tax Credits (TDS, Advance Tax and Self-Assessment Tax)

Ensure that Tax Deducted at Source (TDS) is correctly reflected in Form 26AS and AIS/TIS.
Pay advance tax if your total tax liability exceeds ₹10,000 in a financial year.
If any discrepancy arises, contact the deductor to rectify the issue before filing your return.

Avoid Claiming Incorrect Deductions and Exemptions

Claim only eligible deductions under Section 80C, 80D, 80G, etc., with valid proof.
Ensure the House Rent Allowance (HRA), Leave Travel Allowance (LTA), and Capital Gains Exemptions are backed by proper documentation.

Maintain Proper Documentation and Records

Keep salary slips, bank statements, property sale agreements, mutual fund statements, investment proofs, and expense receipts for at least 6 years.
Maintain business-related invoices, balance sheets, and GST records for accurate income reporting.

Reconcile AIS/TIS Before Filing

The Annual Information Statement (AIS) and Taxpayer Information Summary (TIS) show all high-value transactions and financial activities.
Any mismatch between AIS/TIS and your ITR may trigger a scrutiny notice.

Avoid Cash Transactions and Large Deposits

Cash deposits above ₹10 lakh in savings accounts or ₹50 lakh in current accounts may attract tax scrutiny.
Property transactions above ₹30 lakh, stock market gains, and foreign remittances above ₹7 lakh (LRS) are reported to the tax department.

Respond to Notices and Communications Promptly

If you receive any tax notice, respond within the specified time to avoid penalties or further legal action.
Use the Income Tax e-Filing portal to track pending notices and demands.

File Revised Return (If Required)

If you discover an error after filing, submit a revised return under Section 139(5) before the deadline.

Seek Professional Assistance

If your return involves complex income sources, foreign income, or high-value transactions, consult a chartered accountant or tax expert to ensure proper compliance.

If you require assistance with Income Tax Notices/Demands, Manthan Experts can be your trusted advisor. Contact them at info@manthanexperts.com.to discuss your specific needs and explore howtheir expertise can benefit your business.