Page 149 - Quick Insights Book 2022

Ann. 12 – Revised Minimum Recommended Scale of Fees for the Professional Assignments...

PARTICULARS Revised minimum Recommended scale of Fees
Class ‘A’ Cities (`) Class ‘B’ Cities (`) Class ‘C’ Cities (`)

II) (a) Partnership Firms/Sole Proprietor with 15,000/- & Above 10,000/- & Above 8,000/- & Above
Advisory Services
(b) Minor’s I.T. Statement 8,000/- & Above 6,000/- & Above 4,000/- & Above
(c) Private Ltd. Company:
i) Active 25,000/- & Above 18,000/- & Above 12,000/- & Above
ii) Defunct 12,000/- & Above 9,000/- & Above 6,000/- & Above
(d) Public Ltd. Company
i) Active 65,000/- & Above 45,000/- & Above 30,000/- & Above
ii) Defunct 25,000/- & Above 18,000/- & Above 12,000/- & Above
B. Filling of Forms etc. (Quarterly Fees) (Quarterly Fees) (Quarterly Fees)
(a) Filling of TDS/TCS Return (per Form)
i) With 5 or less Entries 4,000/- & Above 3,000/- & Above 2,000/- & Above
ii) With more than 5 entries 9,000/- & Above 7,000/- & Above 5,000/- & Above
(b) Filling of Form No. 15-H/G (per Set) 4,000/- & Above 3,000/- & Above 2,000/- & Above
(c) Form No. 49-A/49-B 4,000/- & Above 3,000/- & Above 2,000/- & Above
(d) Any other Forms filed under the Income 4,000/- & Above 3,000/- & Above 2,000/- & Above
Tax Act
C. Certificate
Obtaining Certificate from Income Tax 14,000/- & Above 10,000/- & Above 7,000/- & Above
Department
D. Filling of Appeals etc.
(a) First Appeal Preparation of Statement of 32,000/- & Above 22,000/-& Above 15,000/- & Above
Facts, Grounds of Appeal, Etc.
(b) Second Appeal (Tribunal) 65,000/- & Above 45,000/- & Above 30,000/- & Above
E. Assessments etc.
(a) Attending Scrutiny Assessment/Appeal
(i) Corporate See Note 1 See Note 1 See Note 1
(ii) Non Corporate 32,000/- & Above 22,000/- & Above 15,000/- & Above
(b) Attending before Authorities 10,000/- & Above Per 7,000/- & Above Per 5,000/- & Above Per
Visit Visit Visit
(c) Attending for Rectifications/ Refunds/Appeal 7,000/- & Above Per 5,000/- & Above Per 3,000/- & Above Per
effects Etc. Visit Visit Visit
(d) Income Tax Survey 80,000/- & Above 55,000/- & Above 35,000/- & Above
(e) T.D.S. Survey 50,000/- & Above 35,000/- & Above 25,000/- & Above
(f) Income Tax Search and Seizure See Note 1 See Note 1 See Note 1
(g) Any other Consultancy See Note 1 See Note 1 See Note 1
3) CHARITABLE TRUST
(a) (i) Registration Under Local Act 25,000/- & Above 18,000/- & Above 12,000/- & Above
(ii) Societies Registration Act 32,000/- & Above 22,000/- & Above 15,000/- & Above
(b) Registration Under Income Tax Act 25,000/- & Above 18,000/- & Above 12,000/- & Above

136 Quick Insights on Professional Opportunities for Chartered Accountants