Mazars Advisory LLP launches Mazars Advisory Solutions (MASIndia), a one-stop solution for all tax-related queries.

To simplify the tax filing process and support businesses and professionals in the post-pandemic era; Mazar Advisory LLPMASIndia, a leading consulting firm, founded the pioneering online innovation platform MASIndia (www.masindia.live). Backed by a group of experts with extensive industry knowledge and experience in tax matters, the online platform provides complete solutions to all direct and indirect tax related queries. The new platform will handle numerous complex submissions related to compliance, transfer pricing, valuation procedures, litigation matters, opinions and other advisory requirements, the company said in a statement.

Before the introduction of the paperless system, tax submissions to authorities were heard orally and processed manually. However, the country’s income tax system has evolved over the past decade to become more contactless. It is accurate for cross-referencing transactions and seamlessly mapping the business ecosystem. However, in the online assessment and appeal system, cases are decided primarily on the basis of written submissions provided by the taxpayer. Therefore, you need high-quality written submissions that comprehensively substantiate your claims. However, there is a serious gap in communication between taxpayers and the income tax department. MASIndia is here to fill this gap and eliminate cost and time overruns by making submissions accurate.

MASIndia operates in a paperless environment to ensure complete privacy of customer data. We use the latest information technology tools for secure communication, secure document upload/download and secure video conferencing facilities over the internet. Browser-friendly, MASIndia works on all platforms including MS Edge, Chrome, Mozilla, and more. MAS plans to include other advisory services on this platform in the future.

Customers can also receive advisory support offline if they wish. Commenting on the launch of MASIndia,seed. Bharat Dhawan, Managing Partner, Mazars, Indiasaid, “We are pleased to launch MASIndia, a unique online platform for businesses and professionals involved in filing under direct and indirect tax regimes. Through MASIndia, we aim to help businesses scale their growth most efficiently. The guidance of our team of experts and advisors will provide businesses with the mentorship they need and provide a tremendous advantage to entrepreneurs seeking outside help in organizing and scaling their businesses.”

“With the launch of MASIndia, Mazars aims to help numerous small and medium-sized enterprises operating in the country.,” Tea bowl Added. In India, around 58.3 million ITRs have been filed for FY21-22 up to July 31, 2022. More than 2.2 million businesses, including corporations, filed tax returns in 2018-19.

Commenting on MASIndia products,seed. SK Singh, former Commissioner of Income Tax and Senior Advisor, Mazars Advisory Solutions (MASIndia)said, “Congratulations to Mazars Advisory LLP on the launch of MASIndia. Government departments are increasingly leveraging information technology for tax compliance and regulatory processes. However, as the use of technology improves, submissions require accuracy. Despite digitalization, companies need an expert eye on evolving regulatory compliance. Submissions must therefore undergo thorough checks and require advisory support to eliminate errors and ensure compliance. MASIndia has assembled a group of business experts who have a comprehensive understanding of the problems and can provide cost-effective solutions.”

About Mazars

Mazars is an internationally integrated partnership specializing in audit, accounting, advisory and tax services. Operating in more than 90 countries and territories around the world, we benefit from the expertise of more than 44,000 experts (more than 28,000 Mazars integrated partnerships and 16,000 specialists). Magyar North American Alliance– Supports clients of all sizes at all stages of development.

In India, Mazars has ambitious growth plans and already has a national presence with six offices in Bengaluru, Chennai, Delhi, Gurugram, Mumbai and Pune and a strong team of over 1,000 professionals. Our experts have in-depth experience in sectors such as Energy, Telecom, BFSI, Automotive, Technology, Real Estate, Transport, Services, Manufacturing and Retail.

For more information, visit www.mazars.co.in..