Tax Health Check Services in Nashik | Compliance Review & Exposure Assessment | N D Savla & Associates
Tax Health Check · Nashik, Maharashtra

Find the Gaps Before an Assessing Officer Does.

A structured review of past filings, compliance practices and tax positions to identify exposures before they surface in an assessment.

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Most tax exposures are discovered only when a notice arrives, by which point interest and penalty have often already accrued and the window to correct the position has narrowed considerably.

At N D Savla & Associates, we conduct a structured tax health check covering past income tax filings, TDS compliance, and reporting positions, and set out the exposures found along with the remedial steps available.

The review is scoped to the entity's specific risk areas — whether that is related-party transactions, capital gains reporting, TDS defaults, or deductions and exemptions claimed — rather than a generic checklist exercise.

Our Tax Health Check Services

Income Tax Filing Review

Review of past income tax returns for accuracy, completeness and consistency.

TDS/TCS Compliance Review

Review of TDS and TCS deduction, deposit and return-filing compliance.

Deduction & Exemption Verification

Verification of deductions and exemptions claimed against supporting documentation.

Related-Party Transaction Scan

Scan of related-party and specified transactions for reporting and pricing exposure.

Notice & Demand History Review

Review of past notices, demands and their current status of resolution.

Reconciliation Checks

Reconciliation of income, TDS credits and reported figures across statutory forms.

Exposure Quantification

Quantification of potential tax, interest and penalty exposure identified.

Remediation Roadmap

A prioritised roadmap for correcting identified gaps and exposures.

Our Advisory Process

1

Scope Definition

The scope of the health check is defined based on the entity's structure and risk areas.

2

Document & Filing Review

Past filings, returns and supporting documentation are reviewed in detail.

3

Exposure Identification

Gaps, inconsistencies and potential exposures are identified and documented.

4

Reporting

Findings are compiled into a report with risk ratings and financial impact.

5

Remediation Support

Support is provided to correct identified gaps and strengthen future compliance.

Why It Matters

Exposures identified proactively rather than through a tax notice
TDS and TCS compliance verified across deduction, deposit and filing
Deductions and exemptions checked against actual supporting evidence
Related-party and specified transactions scanned for reporting gaps
Past notices and demands reviewed for outstanding action items
Findings presented with a clear risk rating and financial impact
A prioritised roadmap for closing gaps within a realistic timeline
Stronger processes put in place to reduce recurrence of the same gaps

Frequently Asked Questions

A tax health check is a structured review of an entity's past tax filings, compliance processes and positions taken, intended to identify exposures and gaps before they are flagged in an assessment or audit.
The look-back period is generally aligned with the years still open for assessment or reassessment under the applicable limitation rules, though it can be scoped differently based on the client's needs.
Yes, TDS and TCS deduction, deposit timelines, return filing and reconciliation with Form 26AS or its equivalent are typically covered as part of the review.
No, a tax health check is useful for entities of any size where past compliance has not been reviewed independently, including closely held companies, partnerships and individuals with complex income.
Once exposures are identified, a remediation roadmap is prepared covering corrective filings, disclosures or process changes needed to address the gaps and reduce future risk.
Proactively identifying and correcting a gap, where permissible under the law, can reduce the eventual interest and penalty exposure compared to the issue being detected later during a department audit.

Not sure where your tax exposures lie?

Let us run a health check on your filings — we'll flag the gaps and how to close them.