Corporate Tax Advisory & Filing Services in India
Corporate tax is more than simply calculating tax on annual profits. For a company operating in India, effective tax management involves understanding the applicable tax regime, reviewing financial statements, identifying allowable expenses and deductions, managing advance tax, evaluating tax positions, complying with tax audit requirements and filing the corporate income tax return correctly and on time.
Markwart Consultants provides corporate tax advisory and corporate tax filing services in India for companies, subsidiaries, foreign-owned businesses, startups, SMEs and established enterprises. Our approach combines tax planning, compliance review, return preparation and practical advisory support so that businesses can make informed decisions while maintaining compliance with Indian income-tax requirements.
Whether you need corporate tax registration and compliance support, corporate income tax filing, tax audit coordination, tax planning, assessment support or ongoing corporate tax advisory, our team can assist throughout the tax compliance cycle.
Need help with corporate tax filing in India?
Speak to Markwart Consultants for a review of your company’s tax position, filing requirements and applicable deadlines.
What Is Corporate Tax in India?
Corporate tax in India generally refers to the income tax payable by a company on its taxable income for a financial year.
Companies incorporated in India and certain foreign companies carrying on business or earning taxable income connected with India may have Indian income-tax obligations.
For domestic companies, the applicable tax rate can depend on factors such as the company’s eligibility for a particular tax regime, turnover conditions and whether the company has opted for concessional provisions.
For AY 2026–27, the Income Tax Department lists different rates for domestic companies, including 25%, 22% under Section 115BAA, 15% under Section 115BAB for eligible new manufacturing domestic companies, and 30% for other domestic companies, before applicable surcharge and health and education cess.
Corporate Tax Filing in India – How Does It Work?
Corporate tax filing is an annual compliance process. The return should be prepared after reviewing the company’s books, financial statements, tax records and applicable tax positions.
At Markwart Consultants, the process generally follows these stages:
Corporate Tax Advisory Services in India
We help businesses evaluate their tax position and identify legitimate tax planning opportunities while keeping commercial objectives and compliance requirements in view.
We assess whether a company may benefit from available corporate tax regimes and concessional provisions.
We review the tax computation to identify potential adjustments, disallowances, deductions and other relevant tax considerations.
Major business decisions can have tax consequences. We provide tax input on transactions such as restructuring, investments, business expansion, related-party arrangements and other corporate transactions.
Where appropriate, we advise companies on tax considerations relating to business structures and operating arrangements.
We examine whether the company may be eligible for applicable deductions, incentives or other tax benefits.
We review brought-forward losses and their potential utilisation, subject to applicable statutory conditions.
For companies with overseas shareholders, foreign subsidiaries, cross-border transactions or international operations, tax analysis may extend to transfer pricing, withholding tax, treaty provisions and other international tax considerations.
Where applicable, we assist with the tax compliance process relating to international and specified domestic transactions and coordinate required documentation with the relevant professionals.
We can coordinate the tax computation, supporting schedules and information required for tax audit and return filing.
Where a company receives an income-tax notice, demand or assessment communication, Markwart Consultants can assist with reviewing the issue and coordinating an appropriate response.
Corporate Tax Compliance
At Markwart Consultants, we believe corporate tax compliance should be structured around the business rather than treated as a last-minute filing exercise.
Our process is designed around five stages:
We review the company's existing tax position, financial information, registrations, previous returns, tax payments and compliance status.
We assess the company's tax position and discuss available options, including applicable tax regimes, deductions, losses, transactions and future tax considerations.
We prepare or review the corporate tax computation using financial statements and supporting records.
We prepare the applicable corporate income-tax return and coordinate the required audit reports, forms and supporting compliance.
Documents Generally Required for Corporate Tax Filing in India
Depending on the company’s structure and activities, Markwart Consultants may request:
- Audited financial statements, where applicable
- Trial balance and general ledger
- Profit and loss statement
- Balance sheet
- Fixed asset schedule
- Details of depreciation
- Bank statements and reconciliation
- Details of investments
- Details of loans and borrowings
- Details of related-party transactions
- TDS/TCS information
- Form 26AS and Annual Information Statement (AIS)
- Details of advance tax and self-assessment tax payments
- Previous year's income-tax return
- Previous tax computation
- Details of brought-forward losses
- Transfer pricing documentation, where applicable
- Supporting documents for deductions and tax claims
Talk to Markwart Consultants About Corporate Tax in India
Corporate tax compliance should not begin on the last day before the filing deadline.
Whether you are a private limited company, public company, startup, SME, foreign-owned Indian company, subsidiary, holding company or growing enterprise, Markwart Consultants can help you understand your corporate tax obligations and manage the filing process.
Our Corporate Tax Assistance Covers
Tax Advisory → Tax Planning → Tax Computation → Tax Audit Coordination → Corporate Tax Filing → Compliance Review → Post-Filing Support
If your company has an upcoming filing deadline, is considering a change in tax regime, has accumulated losses, has international transactions or simply wants an independent corporate tax health check, our team can assess the requirement and recommend the appropriate approach.
FAQs About Coporate Tax Advisory Services in India
Corporate tax is income tax imposed on the taxable income of companies under Indian tax law. The applicable rate depends on the company’s status, tax regime and eligibility for applicable provisions.
Companies generally have income-tax compliance obligations, although the actual tax liability may vary depending on taxable income, losses, deductions, exemptions and applicable provisions.
A company may have a return-filing obligation even where it has no taxable profit or has incurred a loss. The exact requirement should be assessed based on the company’s circumstances.
ITR-6 is generally used by companies other than companies claiming exemption under Section 11. Certain companies covered by specific provisions may use ITR-7.
There is no single rate applicable to every company. For AY 2026–27, domestic companies may fall under rates including 25%, 22% under Section 115BAA, 15% under Section 115BAB for eligible new manufacturing companies, or 30%, depending on the applicable conditions.
Section 115BAA provides an optional concessional tax regime for eligible domestic companies at a base income-tax rate of 22%, subject to prescribed conditions.
Form 10-IC is the prescribed form through which an eligible domestic company exercises the option under Section 115BAA. It must be filed within the prescribed timeline to avail the concessional regime.
An eligible company can evaluate and exercise the Section 115BAA option subject to statutory conditions. The decision should be made after comparing the overall tax impact, including deductions and incentives that may no longer be available.
The due date depends on the company’s circumstances. For AY 2026–27, the Income Tax Department specifies October 31, 2026 for applicable tax-audit cases and November 30, 2026 for specified transfer-pricing cases.
For AY 2026–27, the tax audit report due date is September 30, 2026 in applicable cases.
Advance tax is tax paid during the financial year based on estimated tax liability rather than waiting until the annual return is filed.
MAT is a separate tax mechanism that can apply where the company’s tax liability under normal provisions is lower than the prescribed percentage of book profit, subject to the relevant provisions and exceptions.
For AY 2026–27, the Income Tax Department states that MAT is generally 15% of book profit plus applicable surcharge and cess, while eligible companies under Sections 115BAA and 115BAB are exempt from MAT.
Foreign companies can have Indian tax obligations depending on their income, business activities, presence and applicable Indian tax and treaty provisions.
Potentially, yes. International transactions between associated enterprises can trigger transfer-pricing requirements subject to the applicable provisions and thresholds.
The requirements vary, but commonly include financial statements, trial balance, tax records, TDS information, AIS/26AS information, previous tax returns, details of losses, investments, related-party transactions and supporting documents for deductions.
Corporate tax advisory focuses on planning, structuring, tax positions and decision-making. Corporate tax filing focuses on preparing and submitting the required return and related compliance.
