Why You Need a Professional Tax Consultant Service: A Complete Guide for Consultants and Freelancers

In today’s complex financial landscape, professionals, freelancers, and small business owners must stay compliant with ever-evolving tax laws. Whether you are a growing consultancy firm, an independent contractor, or a self-employed individual, understanding the tax on consultancy services and hiring the right tax consultant service can make a significant difference to your income, compliance, and peace of mind.

If you’ve ever searched for a tax consultant near me in New Sanghavi, this blog is your complete guide to making the right decision for your financial and legal needs.

Understanding Tax on Consultancy Services in India

If you’re offering services like IT consultancy, legal advice, marketing consultancy, or any professional freelance services, you fall under the consultancy category as per GST and Income Tax laws. This means:

• You are liable to pay GST if your income exceeds ₹20 lakhs (₹10 lakhs for NE/Hill states).
• You must file ITR under “Profits and Gains from Business or Profession.”
• You can claim business-related expenses to reduce taxable income.
• You may also need to register for GST, issue invoices, and file monthly/quarterly returns.

Without proper guidance, navigating all these steps can be overwhelming, which is why hiring a professional tax consultant service is essential.

 Why Hiring a Tax Consultant Service Matters

1. Legal Compliance: Tax consultants ensure that you are 100% compliant with laws such as the Income Tax Act, GST rules, and TDS provisions—so you avoid penalties, notices, and audits.

2. Maximized Deductions: Professionals often overlook deductions like internet bills, rent, office expenses, depreciation, and vehicle costs. A tax consultant will help you legally reduce your tax burden.

3. Time-Saving: Filing returns, reconciling accounts, and understanding GST rates take time. A consultant saves you hours of admin work every month.

4. Risk Reduction: Misreporting income or failing to collect GST can trigger IT scrutiny. Consultants ensure accurate reporting, timely payment, and well-documented claims.

5. Advisory Services: A good tax consultant will advise you on how to structure your business (LLP, Sole Proprietor, Pvt. Ltd.), how to save tax under Section 44ADA or 80C, and guide you through audits or notices.

Who Needs a Tax Consultant Service?

• Freelancers (Designers, Developers, Content Writers)
• Marketing, HR, or IT Consultants
• Doctors or Medical Consultants running their own clinics
• Legal or Chartered Accountancy professionals
• Startup Founders & Entrepreneurs
• Small Business Owners in New Sanghavi

If you fall into any of the above categories and searched for a tax consultant near me, it’s a clear signal you need professional assistance.

Tax Compliance Checklist for Consultancy Services

Here are the basic things you must do if you earn income through consultancy services:

1. Register for GST (If turnover > ₹20 lakh)
2. File ITR (ITR-3 or ITR-4) under business income
3. Maintain Expense Records (laptop, co-working rent, software, etc.)
4. Issue Invoices with GST and proper HSN/SAC codes
5. Pay Advance Tax Quarterly
6. File GST Returns Monthly/Quarterly
7. Comply with TDS if you’re hiring other professionals

Managing all this alone can be stressful, which is why working with a local tax consultant near me helps ensure everything is done correctly and on time.

How to Choose the Best Tax Consultant Near Me

With so many tax professionals around, here’s how to make the right choice:

• Check for CA or certified professionals
• Look for experience in handling consultants/freelancers
• Ask about GST, TDS, and Income Tax advisory services
• Confirm digital tools (e-filing, GST software, etc.) are available
• Read online reviews and ask for client references

Benefits of Choosing a Local Tax Consultant in New Sanghavi

While online platforms offer remote services, hiring a tax consultant near me in New Sanghavi ensures:

• In-person consultations
• Local language and law understanding
• Faster support for emergencies or notices
• Direct coordination for audits or departmental follow-ups

Local expertise often brings faster resolutions and deeper relationships compared to virtual-only firms.

Penalties to Avoid if You Don’t Use a Tax Consultant

• Late ITR Filing Penalty: ₹1,000–₹5,000
• Late GST Filing Penalty: ₹50 per day
• Wrong IT declaration: Scrutiny or audit
• Missed Advance Tax: 1% interest per month
• TDS Non-Deduction: 20% tax liability and penalty

A tax consultant protects you from all these risks.

About ADMS e-Biz – Trusted Tax Consultant Service in New Sanghavi

ADMS e-Biz is a leading provider of expert tax consultant services for freelancers, startups, and small businesses in New Sanghavi. If you’re searching for a reliable tax consultant near me, our team of CAs and finance experts is here to help you with Income Tax filing, GST compliance, advance tax, and more.

We also offer end-to-end tax planning for professionals offering consultancy services—ensuring you meet all legal requirements for tax on consultancy services while saving time and money. At ADMS e-Biz, we blend local understanding with modern tools to simplify your finances.

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Frequently Asked Questions (FAQs)

1. What is the tax on consultancy services in India?

Ans. Consultancy services are taxed under GST at 18% if the annual income exceeds ₹20 lakhs. Additionally, income tax is applicable under business or professional income depending on your earnings and structure.

2. Do I need GST registration for consultancy services?

Ans. Yes, if your total annual income from consultancy exceeds ₹20 lakhs (₹10 lakhs in NE/Hill states), you must register for GST and file regular returns.

3. How do I find a trusted tax consultant near me in New Sanghavi?

Ans. Look for local firms like ADMS e-Biz with experience in consultancy services, good client reviews, in-person availability, and complete compliance support.

4. What services does a tax consultant offer for freelancers and professionals?

Ans. A tax consultant provides Income Tax return filing, GST registration and filing, advance tax planning, TDS compliance, business structure advice, and audit support.

5. Can I claim business expenses as a consultant in my tax return?

Ans. Yes, you can claim expenses like internet, rent, travel, software tools, and marketing costs to reduce taxable income, as long as they are related to your consultancy services.