Tax & GST
Income Tax Planning in Delhi NCR
Good tax planning happens before the year ends, not after. We compare tax regimes, plan investments and salary structures, and help business owners decide how to take income and expenses.
- Chartered Accountant led
- Written scope and fee before we start
- Delhi NCR, Haryana and Uttar Pradesh
How can I reduce my income tax legally?
You can reduce tax by choosing the right tax regime, using the deductions and exemptions allowed under the law, planning investments and salary structure early in the year, and structuring business income and expenses properly. All planning must stay within the law.
Guide
Income Tax Planning: what you should know
Planning is legal and early
Tax planning means using the deductions, exemptions and structures the law allows to reduce tax. It works best before the financial year ends, not at the filing deadline. Evasion is illegal and we do not advise it.
Common planning levers
For individuals, these include Section 80C and 80D, NPS, HRA and home loan interest in the old regime. For businesses, they include depreciation, timing of expenses, choice of regime, presumptive schemes and the right structure. Which levers help depends on your regime and income.
A yearly planning rhythm
Review income in the second quarter, plan investments before the last quarter, estimate advance tax each instalment, and keep proofs organised. We set reminders so nothing is left to March.
Common mistakes to avoid
- Buying products only to save tax
- Leaving advance tax to the last instalment
- Not comparing old and new regime
Who it is for
Who needs Income Tax Planning?
Salaried people who want to compare regimes
Business owners deciding remuneration and structure
Investors planning around capital gains
Families planning gifts, HUF and succession
Documents required for Income Tax Planning
- Salary slips and Form 16
- Investment and insurance details
- Home loan and rent information
- Business profit estimate for the year
- Capital gains and other income details
Timeline and fees
Best done at the start of the year and reviewed before March.
The fee depends on the scope, the volume of work and the timeline. We share a written scope and fee before we start, and there are no hidden charges.
Our process
How we handle Income Tax Planning
Every step is handled by our team, with updates at each stage.
- 1
Understand your income
All income sources and goals reviewed.
- 2
Compare regimes
Tax calculated under the old and new regimes.
- 3
Build the plan
Investments, deductions and timing recommended.
- 4
Act before year end
Actions listed with dates.
- 5
Review
Plan checked again when the return is filed.
FAQ
Income Tax Planning: frequently asked questions
Which is better, the old or the new tax regime?
It depends on your deductions and income. The new regime has lower slab rates but fewer deductions. We calculate both for your numbers.
Is tax planning the same as tax evasion?
No. Tax planning uses lawful options. Evasion hides income or claims false deductions and is illegal.
Can business owners plan tax too?
Yes. Remuneration, depreciation, timing of expenses and the choice of entity all affect tax.
When should I start tax planning?
At the start of the financial year, so that investments and structuring can be spread through the year.
When should I start tax planning?
At the start of the financial year, or at the latest by the third quarter.
Is tax planning the same as tax saving investments?
No. Planning covers structure, timing and regime choice as well.
Can businesses plan taxes too?
Yes, through the choice of structure, timing and eligible deductions.
Where we work
Income Tax Planning across Delhi NCR, Haryana and Uttar Pradesh
Our offices are in Sector 62, Noida and Sector 67, Gurugram. We serve clients in these cities in person and online.
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Learn moreGet in touch
Talk to a Chartered Accountant about Income Tax Planning
Share a few details and we will reply within one working day with the scope, timeline and fee.
- Phone+91-9278813303
- Emailinfo@cadeoassociates.com
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