In general parlance, taxation is the process of assessing what amount needs to be paid to the Revenue Authorities for Financial or Non Financial transactions that an individual/ entity has conducted or entered into. 

Broadly Taxes are classified into 2 buckets

• Direct Taxes - Direct Taxes are those taxes that are paid by an individual or entity directly to the Tax Authorities or Government. It is generally taxed on the income earned or distributed by the assessed individual or entity. Direct Taxes include the likes of Income Taxes, Wealth Taxes, Dividend Distribution Tax, Property Tax, Luxury Tax etc. 
  
  

• Indirect Taxes - Indirect Taxes are those taxes that are paid by an entity other than the assessed himself. These taxes are paid to another entity or organization as part of a transaction who then remits the amount to the Tax Authorities for the benefit of the actual payer. Examples: GST, Excise Duty, VAT, Customs etc.  

Registration with Tax Authorities - Direct and Indirect

Applicability of Tax according to Nature of Business

Applicability of TDS/ TCS provisions

Calculation of applicable taxes

Payment of Advance Taxes

Filing Periodic Returns

Requesting for Business Specific Exemptions

Returns filed and the income assessed by the assessee, is often disputed by the Tax Authorities. Dispute resolution is the process of communicating with the Tax Authorities to justify the stand taken by the Assessee. 

Disputes could in some cases lead to significant shake down in the business and handling disputes in time and with the appropriate approach would ease all parties involved.