Tax Health Check — know your position before the department does.
Comprehensive review of your income tax filings, AIS data, TDS credits, and outstanding demands — identifying risks and missed opportunities, delivered in a clear written report by Chartered Accountants in Mumbai.
Contact UsA tax health check is exactly what it sounds like — a systematic examination of your tax position, past filings, and current compliance status to identify problems before they become penalties. The Income Tax Department's data infrastructure has expanded significantly. The Annual Information Statement now captures transactions from banks, registrars, brokers, mutual funds, GST portals, and dozens of other sources. The gap between what taxpayers have reported and what the department already knows is the single largest driver of notices and scrutiny today.
The issues a tax health check typically uncovers are more varied than most taxpayers expect — wrong ITR form used in a prior year, capital gains not reported, ESOP perquisites missed, foreign account details omitted, HRA exemption overclaimed, TDS not credited correctly, advance tax not paid for professional income, or revised return not filed after Form 16 revisions. Each of these is a live risk that grows over time.
NDS Advisors conducts tax health checks for individuals, business owners, NRIs, and companies across Mumbai. We review your returns, reconcile the AIS, identify gaps, quantify risks, and deliver a clear written report with prioritised action points — whether that means filing revised returns, responding to notices, paying pending dues, or confirming your house is in order.
Our Tax Health Check Services
Past Return Review (3-6 Years)
Line-by-line review of past ITRs for form selection accuracy, schedule completeness, deduction correctness, and income disclosure.
AIS & 26AS Analysis
Current and prior year AIS and Form 26AS review — identifying unreported income, unmatched TDS credits, and high-value transactions.
TDS & Advance Tax Reconciliation
Verification of all TDS deducted (Form 16, 16A, 26Q) against credits claimed in past returns; advance tax adequacy review.
Pending Demands & Notices
Login-based retrieval of all outstanding demands, Section 143(1) intimations, and pending notices from the income tax portal.
Missed Deductions & Exemptions
Identification of deductions not claimed — 80C, 80D, 80CCD(1B), HRA, LTA, and Section 54/54EC for property gains.
Incorrect Form or Schedule
Flagging of returns filed using incorrect ITR form or missing mandatory schedules that could attract defective return notices.
Revised Return & Rectification Scope
Identification of years and issues eligible for revised return under Section 139(5) or rectification under Section 154.
Written Report & Action Plan
Comprehensive written summary of findings, risk quantification (tax, interest, penalty exposure), and prioritised corrective action plan.
Our Process
Portal Access & Document Collection
Access income tax portal, AIS, 26AS for relevant years; collect past ITRs, Form 16, investment proofs, and bank statements.
Return & AIS Analysis
Systematic review of each return year against AIS data; flag discrepancies, unreported income, and missed claims.
Demand & Notice Retrieval
Check portal for all outstanding demands, processing intimations, and pending compliance requirements.
Risk Quantification
Compute potential tax, interest under Sections 234A/234B/234C, and penalty under Section 270A for each identified issue.
Report & Action Plan Delivery
Deliver written health check report with all findings, risk amounts, and recommended next steps — filed, responded to, or monitored.
Why It Matters
Frequently Asked Questions
Know your risk. Fix it before they find it.
Our Chartered Accountants will review your complete tax position and give you a clear, written action plan — so no issue lingers unaddressed.
