Sima & AssociatesChartered Accountants
Loading Practice Portal...
ICAN Regd. 1432 • COP No. 1612 • Pokhara-10, Nepal
ICAN Regd. 1432 • COP No. 1612 • Pokhara-10, Nepal
Strategic tax planning, seamless statutory filings, and principled representation before Inland Revenue authorities.
Nepal's taxation landscape—governed by the Income Tax Act, 2058, Value Added Tax Act, 2052, Excise Act, 2058, and annual Finance Acts—is dynamic and technical. We help corporate entities and taxpayers navigate statutory obligations efficiently while preventing exposure to penalties, interest, and disputed assessments.
Preparation and filing of annual income tax returns (D-01, D-02, D-03), computation of quarterly estimated tax installments, and year-end tax reconciliations.
Monthly VAT return filing on the IRD portal, input tax credit optimization, purchase and sales register audits, and VAT refund processing.
Systematic deduction and monthly deposit oversight for payroll (Sec 87), services (Sec 88), lease payments (Sec 88Ka), and contract supplies (Sec 89).
Principled defense during tax audits by Inland Revenue Offices (IRO) or the Large Taxpayers Office (LTO), preparing factual rebuttals, and managing administrative reviews.
Navigating Double Taxation Avoidance Agreements, foreign remittance taxation, withholding obligations on technical service fees, and transfer pricing documentation.
Professional audit and assurance appointments are established strictly in accordance with NSA 210 upon independence review, engagement letter signing, and resolution at the Annual General Meeting (AGM).