Our Direct Tax team possesses significant expertise in domestic and international tax matters and is committed to assist businesses in developing a resilient compliance framework, thereby empowering them to effectively manage their tax position and, thus, mitigate their tax risks. Our methodology and approach are especially custom-built by our experts to suit our clients’ business structures and target markets.
01
Domestic Taxation
Tax advisory and opinions:- Structuring of investments and assistance in tax declarations to avoid/lessen tax burden within the Purview of tax laws
- Providing opinions on domestic taxation Issues i.e. interpreting of provisions, etc.
- Filing of income tax returns
- Filing of TDS/TCS returns
- Compliances related to advance tax
Tax audit is a compulsory audit under section 44AB of the Income-tax Act in India which is conducted where gross turnover exceeds Rs. 1 crore/ 25 lakh from business/profession.
- Conducting of tax audit
- Filing of tax audit report in form 3CA/3CB and 3CD
- Representation before the tax department with respect to assessments, investigation, survey, search and other civil cases
- Representation before CIT(A) and ITAT
- Representation before the Authority for Advance Ruling with respect to Indian residents
- Filing of replies to summons and other notices
- Filing of compounding applications to CCIT
02
International Taxation
Tax advisory and opinions:- Investment and Due-diligence advisory for outbound and inbound investment.
- Advise on implications of international tax treaties, applicability of equalization levy, BEPS and GAAR provisions.
- Assistance with Mutual Agreement Procedure (MAP) under tax treaties.
- Tax efficient structuring of cross border transactions, transactions undertaken by High Net-worth Individuals (HNI).
- Compliances related to Non-resident Indian (NRI) taxation, such as filing of form 15CA and form 15CB in case of foreign remittances
- Implementation of double tax treaties and implications of foreign tax systems.
- Representation and assistance for preparation of cases before international tax dispute authorities.
- Preparation and filing before Authority of Advance Rulings (AAR).
03
Transfer Pricing
Tax advisory and opinions:- Assistance with respect to restructuring of business model to build tax efficiency.
- Review of deemed international transactions, assistance in preparation of profit attribution studies.
- Tax minimization and optimization strategies, availability of tax deductions.
- Global transfer pricing document and structuring of management fee payments, royalty, inter-company financing arrangements.
- Assistance in obtaining of an accountant’s repot in filing of Form 3CEB.
- Documentation as per income tax rules or transfer pricing report along with comparability and industry analysis.
- Master filing and CbCR filing as per BEPS Action Plan-13.
- Representation and assistance for preparation of cases before Transfer pricing Officer (TPO), Dispute Resolution Panel (DRP), CIT(A), ITAT.
- Assistance in respect of APA filings and safe harbour applications as per income tax rules before the revenue department.
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