Tax Health Check

Most businesses don’t have a tax problem… until they get a notice.

The reality is, tax issues build quietly, small gaps in compliance, missed disclosures, or positions that don’t fully align with current laws. And by the time they surface, the cost is higher than it should be.

At N D Savla & Associates, our Tax Health Check is designed to catch these gaps early.
It’s a structured review of your tax positions, compliance processes, and potential risk areas so you stay prepared, not reactive.

Why a Tax Health Check matters

India’s direct tax environment keeps changing, new amendments, evolving interpretations, and regular scrutiny.

What this really means is:

• What worked last year may not hold today

• Even compliant businesses can carry hidden risks

• Small gaps can turn into major adjustments during assessment

A Tax Health Check helps you see where you stand before the tax department does.

What this really does for your business

• Identifies hidden tax exposures before they become issues

• Improves overall compliance and reporting accuracy

• Strengthens your documentation and audit readiness

• Reduces chances of notices, penalties, and disputes

• Gives you clarity on where you’re overpaying or under-reporting

Our Approach

We don’t run through a generic checklist. We look at how your business actually operates and align it with tax expectations.

1. Understanding Your Structure
We evaluate your business model, entity structure, and applicable tax provisions.

2. Risk Identification
Spotting areas where positions may not align with current laws or practices.

3. Detailed Review
We go through filings, reports, and financial data to check accuracy and completeness.

4. Practical Recommendations
Clear action points to fix gaps and strengthen compliance.

5. Ongoing Support
Helping you implement corrections and stay aligned going forward.

Scope of Our Tax Health Check

Our review covers key direct tax and compliance areas, including:

Compliance Mapping

• Identification of applicable tax compliances based on your business structure

• Review of whether all required filings are being done correctly and on time

Return & Reporting Review

• Income tax return filings

• Tax computation and positions adopted

• Tax audit reports and disclosures

• Transfer pricing documentation and reporting (where applicable)

TDS / TCS Review

• Whether TDS/TCS is being correctly deducted or collected

• Timely deposit to government authorities

• Accuracy of TDS returns and reporting

International Transactions

• Review of Form 15CA / 15CB for foreign remittances

• Transfer pricing compliance checks

Advance Tax & MAT

• Review of advance tax liability and timely payments

• Verification of Minimum Alternate Tax (MAT) and related filings

Deductions & Allowances

• Eligibility and correctness of deductions claimed

• Proper disclosures and compliance with timelines

Losses & Credits

• Set-off and carry forward of business losses

• Unabsorbed depreciation

• MAT credit utilisation

ICDS & Tax Positions

• Impact and application of Income Computation Disclosure Standards (ICDS)

• Review of positions that may be challenged during scrutiny

Overall Tax Exposure

• Identification of potential tax, interest, and penalty risks

Why Clients Work With Us

• We focus on practical risk, not just theoretical compliance

• We explain issues clearly so decisions are easier

• We help fix problems, not just point them out

• We think ahead to assessments and scrutiny

Who Should Consider a Tax Health Check?

• Growing businesses with increasing compliance complexity

• Companies with multiple entities or transactions

• Businesses preparing for scrutiny or due diligence

• Anyone who wants clarity before filing returns or facing assessments