Man created the State to govern society. The State levied taxes to run the government. Over time, taxation became more complex. Now, the struggle is to make it simpler.
Its compelling that amid the challenging economic scenario and newfound initiative by the Government to improve tax environment, businesses need to pay close attention to tax challenges and rework their strategies. Effective tax structuring and planning ensures that organisations remain competitive in this complex business environment and at the same time manage their tax exposure.
While the laws are the same for all businesses, in many cases an in-depth and holistic understanding of the client’s business ethos is missing. We deliver risk-adjusted optimisation by providing simple and precise tax structuring advice. Our processes are time-tested and we do not operate in silos.
We are a group of highly skilled and motivated professionals with experience, advising our clients. The team combines its in-depth technical knowledge with appropriate domestic and global insights to help clients develop and execute tax strategies effectively.
Tax planning presents opportunities as well as challenges and complexities. With the constant changes in international as well as domestic frameworks, it becomes essential to tread carefully while devising tax strategies.
With combined experience, we have helped clients minimise tax exposure while easing their burden of ensuring proper compliance with tax legislation. Our focus is on keeping the client’s business objectives at the centre and providing them with innovative solutions.
Our services include advice on tax optimization of various transactions in regular course of business, fund raising, tax due diligence for acquisition, and disposal of assets or undertakings.
We understand the law and focus on preparatory compliance through extensive research and documentation. Despite simplifications of filing of returns, it becomes essential to ensure correct reporting at the time of tax compliances on account of interplay of multiple tax forms and extensive data mining from multiple sources by tax authorities.
We undertake regular compliance health checks for our clients which exhaustively cover all routine matters related to taxation such as withholding & advance tax, lower withholding certificates, impact of ICDS, tax due diligence, review of contingent tax liabilities, filing of various forms / returns prescribed under the Indian Income Tax.
We help clients mitigate risks of long-drawn and daunting litigation through complete, accurate and exhaustive submissions to the tax authorities. Our expertise has been built out of decades of combined experience and capabilities of strong research.
We provide litigation support to our clients in ongoing matters before Tribunals, High Court and Supreme Court where we routinely engage with some of the most respected tax experts in India.
Transfer pricing services for Advising, Bench marking, Audit, Documentation and Assessment for International as well as Domestic Transfer pricing matters,
This Division comprises of personnel with several years of experience in the field with dedicated personnel working exclusively on Transfer pricing.
This Division comprises several experienced Partners, Director, Senior Managers, Associates and other Qualified and Experienced personnel, with long and varied experience and services provided to large Domestic and International Corporates
Conducting Benchmarking Analysis & Study Report for preparation of Transfer Pricing policy for Corporates leading to effective, documentation.
Regular Transfer Pricing Audit & Certification is conducted under The Income Tax Act, 1961 for Corporates with cross border as well as domestic transactions with their associated entities.
At the request of Corporates, periodic Transfer pricing Study Reports are prepared to facilitate evaluation and assessments under the income tax Act.1961.
Drafting, Representing for regular Assessment’s, and before Appellate Authorities on Transfer pricing
Advising large Companies/ Corporations on their cross border transaction and specified domestic transaction which can help them in effective tax planning.
The indirect tax structure is governed by frequent notifications, circulars, trade notices etc. and many a times conflicting with well-established judicial position. It is procedural and compliance driven law. Indirect Tax poses great challenge for most of the organizations.
Indirect taxes directly impact cost of goods and service, cash flow, profitability and ultimately stakeholder value. Any lapse in recovering tax at transaction stage would result in adverse commercial implications. It is imperative for business entities to examine its tax structures, undertake in-depth analysis of the tax costs and thrive for tax optimization. Precise documentation and compliance is must to be on the right side of the law.
The Goods and Service Tax (GST) introduced in July 2017 is radical tax reform. It has resulted in to comprehensive tax base and virtually all goods and services are taxable. While GST has been a game-changer, it has impacted the tax incidence, credit utilization, compliances and resulted into complete overhaul of the indirect tax system of business entities. We regularly assist Business entities revaluate their supply chain, contracts with customers/vendors and reset tax practices including compliance with E- Invoices, timely refund application and other fast evolving rules.
Qualitative support from experienced professionals go long way for tax optimization and healthy compliance.
With more than 100+ man years’ experience under its belt coupled with excellent technical knowledge, profound experience and philosophy to be co-custodian of clients’ tax matters, our team is able to successfully cater to scores of clients spread across diverse industries and business fields. Our team is specialized to support business entities to assess impact of GST on cash flow, profitability and overall business objectives. Out of box thinking coupled with our ability to identify and employ opportunities assists the clients in tax optimization whilst keeping litigation to minimum.
We believe that wisdom should prevail while structuring transaction so as to mitigate risk and avoid long drawn and never ending litigation. Knowledge and wisdom imparted by our senior partners are not only valued by our clients but are also valued by departmental authorities.
GST consultants provide expert advice on various GST matters, including rate determination, classification of goods and services, and the impact of GST on specific business transactions.
Service providers offer ongoing assistance to businesses to ensure that they remain compliant with GST laws and regulations. This includes helping businesses understand their tax obligations, input tax credit (ITC) reconciliation, and managing GST audits.
Goods and Services Tax (GST) litigation refers to legal disputes related to the interpretation, application, or enforcement of GST laws. GST litigation may arise for various reasons, including disputes between taxpayers and tax authorities, challenges to tax assessments, or disagreements over the interpretation of GST laws and regulations.