RECOMMENDED MINIMUM SCALE OF FEES FOR VARIOUS KIND OF ASSIGNMENTS | |
| |
I) DEEDS/ AGREEMENTS | Rate |
| |
(a) i) Partnership Deed | Rs.6,000/- & Above |
| |
ii) Partnership Deed | |
(With consultation & Tax Planning) | Rs.10,000/- & Above |
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(b) Filing of Form with ROF | Rs. 2,500/- Per Form |
| |
| |
(c) Supplementary Partnership Deed | Rs. 2,500/- & Above |
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(d) Modification in the Deed | Rs. 2,500/- & Above |
| |
(e) Leave & Licence Agreement | |
i) Drafting | Rs. 5,000/- & Above |
ii) Registration& Modification | Rs. 2,500/- & Above |
(f) Gift Deed: | |
i) for Movable Properties | Rs. 5,000/- & Above |
ii) for Immovable Properties | Rs. 15,000/- & Above |
| |
(g) Trust Declaration Deed | Rs. 10,000/- & Above |
| |
(h) Drafting of Will: | English |
i) Simple | Rs. 10,000/- & Above |
ii) With Trust Planning | Rs. 15,000/- & Above |
| |
(i) Agreement to Sell | |
i) Agreement to Sell, Society formalities & related Documents | Rs. 20,000/- & Above |
ii) Only Agreement to Sell | Rs. 10,000/- & Above |
| |
(j) Documentation | |
i) Power of Attorney: Specific | Rs.7,500/- & Above |
ii) Power of Attorney: General | Rs.7,500/- & Above |
iii) Indemnity Bond- Affidavit | Rs.5,000/- & Above |
iv) HUF- Partition Deed | Rs.10,000/- & Above |
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II) INCOME TAX WORKS | |
| |
A. Filing of Return of Income | |
I) For Individuals / HUFs etc. | |
| |
(a) Filing of Return of Income | |
With Salary/Other Sources/Share of Profit. | Rs. 3,000/- & Above |
| |
(b) Filing of Return of Income | |
With detailed Capital Gain working | |
i) Less than 10 Transactions | Rs. 5,000/- & Above |
ii) More than 10 Transactions | Rs. 8,000/- & Above |
| |
(c) Filing of Return of Income | |
With Preparation of Bank Summary, Capital A/c and Balance Sheet | Rs. 5,000/- & Above |
| |
(d) Advance Tax Calculation | Rs. 2,000/- Per installment |
| |
| |
II) (a) Partnership Firms/Sole Proprietor | |
with verification of: | |
1) Method of Accounting | } |
2) Stock Valuation | } Rs.5,000/- Per Verification |
3) G. P. Ratio | } |
4) Expense Ratios etc. | } |
| |
(b) Small Proprietorship/ Partnership | Rs. 5,000/- Per Verification |
| |
( c) Minor's I. T. Statement | Rs. 3,000/- & Above |
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(d) Private Ltd. Company: | |
i) Active | Rs. 7,500/- & Above |
ii) Defunct | Rs. 5,000/- & Above |
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(e) Public Ltd. Company | Rs. 20,000/- & Above |
| |
B. Filing of Forms etc. | |
| |
(a) Filing of TDS/TCS Return (per Form) | (Quarterly Fees) |
i) With 5 or less Entries | Rs.2,000/- & Above |
ii) With more than 5 Entries | Rs.3,000/- & Above |
| |
(b) Filing Form No. 15-H /G(per Set) | Rs. 1,000/- & Above |
| |
( c) PAN/TAN Application | Rs. 1,500/- & Above |
| |
C. Certificate | |
(a) Other Certificates (Like Lower TDS Certificate, 115JB) | Rs. 5,000/- & Above |
| |
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D. Filing of Appeal etc. | |
| |
(a) First Appeal. | |
Preparation of Statement of Facts, Grounds of Appeal, Etc. | Rs. 10,000/- & Above |
| |
(b) Second Appeal (Tribunal) | Rs. 15,000/- & Above |
| |
E. FBT | Rs.3,000/- & Above per quarter including return |
| |
F. Defered Tax Calculation | Rs. 5,000/- & Above |
| |
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NOTE: | |
When Matters are referred to Counsel personal time will be billed seperately | |
| |
G. Assessments etc. | |
| |
(a) Attending Scrutiny Assessment/ Appeal | Rs. 3,000/- Per Visit subject to minimum Rs.5,000/- |
| |
(b) Attending Summons | Rs. 3,000/- Per Visit |
| |
( c) Drafting and Attending for Rectifications/ Refunds/ Appeal effects Etc. | Rs. 3,000/- Per Visit subject to minimum Rs.3,000/- |
| |
(d) I. T. Survey | Rs. 50,000/- |
| |
(e) T.D.S. Survey | Rs.20,000/- |
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(f) I.T. Search & Seizure | Discretionary |
| |
III) CHARITABLE TRUSTS | |
| |
(a) (i) Registration Under local Act | Rs. 10,000/- & Above |
(ii) Societies Registration Act | Rs. 10,000/- & Above |
| |
(b) Registration Under Income Tax Act. | Rs. 15,000/- & Above |
| |
(c) Exemption Certificate U/s. 80G of I. T. Act. | Rs. 15,000/- & Above |
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(d) Filing Objection Memo | Rs. 2,000/- & Above |
| |
(e) Filing of Change Report | Rs. 2,000/- & Above |
| |
(f) Filing of Various Forms | Rs. 2,000/- Per Form |
| |
IV) COMPANY WORK | |
| |
(a) Filing Application for Name Approval | Rs. 5,000/- & Above |
| |
(b) Incorporation of a Private Limited Company | Rs. 20,000/- & Above |
| |
( c) Incorporation of a Public Limited Company | Rs. 25,000/- & Above |
| |
(d)(i) Company's ROC Work, Preparation of Minutes, | |
Statutory Register & Other Secretarial Work | Rs. 3,000 Per Quarter |
| |
(ii) Assisting in Other Certificate | Rs. 3,000/- & Above |
| |
(e) Filing Annual Return Etc. | Rs. 5,000/- & Above |
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(f) Filing Other Forms Like: F-32, 18, 2 | Rs. 1,500/- & Above |
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(g) Increase in Authourised Capital | |
Filing F-5, F-23, including preparation of Slips | |
Pages for Memorandum of Association/ Article of Association. | Rs. 5,000/- & Above |
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V) V.A.T./ PROFESSION TAX: | |
| |
A. Registration Work | |
| |
(a) Registration Under V.A.T. & C.S.T. | Rs. 10,000/- & Above |
| |
( b) Profession Tax Registration (PTR) | Rs. 1,500/- & Above |
| |
(c) Profession Tax Enrolment (per application) | Rs. 1,500/- & Above |
| |
B. Filing of Return (V.A.T.) | |
(a) Monthly Challans with Annual Return | Rs. 1,500/- + (Per Month) |
01 November 2010
ICAI Recommended Scale of Fees for various kind of assignment
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India is a free economy and I doubt if it would make sense to presribe minimum fees
ReplyDeleteMoreover if we have such high fees first time filers would shy away from filing
Just my personal opinion
Is it available on icai.org?
ReplyDelete