Tax Compliance & Representation Services

Enhancing a stakeholder value is a fundamental concept, which drives every management effort in the modern business environment. Progressive and bottom–line focused managements have realized that taxes should be viewed as a dynamic item of cost, rather than a passive charge on the profits.

Indeed, an effective tax–cost management provides a distinct competitive advantage, which requires the application of appropriate tax strategies, proactively identified and meticulously implemented.

In the modern day world all businesses are engaged in multinational transactions and operations, they are continually challenged to manage the impact of multiple and ever-changing tax jurisprudence.

We provide comprehensive and sophisticated tax assistance in effectively managing the impact of taxation. We offer following gamut of services:

• Assistance in Obtaining Permanent Account Number (PAN) and Tax Deduction Account Number (TAN)
• Filing of regular Income Tax Returns, Wealth Tax Returns, TDS & TCS Returns for all category of Assessees
• Representation before income tax department for assessment, rectification, refunds and other matters etc
• Obtaining No Objection Certificates from Income tax department
• Designing/ restructuring salary structure to optimize tax burden
• Advance tax estimation and assistance in e-payment
• Assessing the deferred taxes position
• Advising on the impact of amendments, circulars, notifications & judgments (as may be applicable)
• Filing and pleading appeals before the appellate authorities.

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Tax Planning & Advisory Services

Our Tax Advisory services specializes in helping clients make informed decisions about their specific strategic/ financial needs and discover optimal ways to effectively understand the challenges of the transactions for immediate and long-term benefits, whether it is in the arena of M&As, Divestures, Succession Planning or a review of their tax risks. The business scenario today, of increased litigation, legislation and regulation carry important compliance implications. Together they emphasize the need for an effective, dynamic and competent review of the business decisions faced by entities.

We assist in the evaluation of the tax framework of the client, together with the tax and accounting consequences of the transactions by reviewing the work methodologies to ensure that they comply with the relevant regulatory pronouncements and judicial precedents. We bring sizeable value to a client's drive for growth, competitiveness and profitability. Our dedicated team of tax experts works closely with the accountants, company secretaries, investment bankers, private equity investors and lawyers specializing in their respective areas, to provide well thought-out and effective solutions for our clients. We are driven by the objective of creating shareholder value and synergies for our clients through corporate tax strategy. hide

Cross Border Taxation

In today's constantly changing global scenario, capital is always in search of lucrative opportunities and businesses are always aspiring to convert their potentials into capabilities. With liberalization playing a key role in Indian policies, it has led to a multitude of multinational companies entering India. Simultaneously Indian companies have established their presence in global markets and several companies have also been listed on overseas bourses such as the NASDAQ etc.

With the encouragement of foreign direct investment inflows into India there has been a liberalization of the Indian taxation scheme, the Government of India has come forward with ways to ensure that non-residents abroad make investments in India which is imperative for the long term growth of the economy. Special tax provisions are enacted in the statue to encourage the foreign investment through special tax concession and incentives.

This interplay of domestic and international taxes incident on companies and individuals often results in complex situations. Converging on an optimum solution requires taking a holistic view on the "total" tax impact rather than a country specific examination. hide

Double Tax Avoidance Advisory

Today all the businesses are continually challenged to manage the impact of multiple and ever-changing tax jurisdictions. The United Nations, the WTO and the developed nations of the world have all propagated free trade across all geographical barriers and the enhancement of economic development across all frontiers. The joint policy statements made by the heads of the Government of India and the various foreign countries encourage and emphasize the need for transparent cross border transactions. For this purpose the importance of double tax avoidance agreements has become utmost to prevent and mitigate the hardship that can be faced by individuals and companies alike by having to pay taxes in more than one jurisdiction globally. Cross border transactions help in strengthening and enlarging the scope of financial and non-financial activities leading to the achievement of targets of overall growth and prosperity.

Our endeavor is to advise our clients through all the stages of the cross border transactions to mitigate the hardship of double taxation by advising on the incidence of tax based on the nature of the income and expenditure incurred keeping as per the provisions of the Indian Tax laws and the provisions of the double tax avoidance agreements, withholding tax issues and the related compliances. hide

Transfer Pricing

In the wake of globalization, most MNC's (Multi National Companies) today generate large portions of their taxable income, from other than their home jurisdictions. Thus, making transfer pricing an increasingly important issue among tax practitioners, boards of directors and fiscal authorities worldwide.

The explosive growth in world trade in recent years, and the resulting increase in cross – border transactions between related parties, has catapulted transfer pricing to the forefront of important international tax issues. MNC's of all sizes are finding their transfer pricing practices under increased scrutiny by tax authorities.

There are extensive Transfer pricing regulations in place in India according to which an arm's length standard is the frame of reference. Fiscal authorities are policing multinational's transfer pricing policies aggressively in an attempt to protect their tax base from erosion.

We help the clients develop the appropriate transfer pricing strategy balances opportunity and risk management, weighing effective tax – rate optimizations against fiscal-authority challenges, judicial precedents and the costs of compliance. We help clients ensure that all compliances in India are met and issues under litigation handled effectively. hide

Tax Review (Due Diligence)

Due Diligence is the analysis and appraisal of an entity in preparation for establishing a relationship with another entity, which involves business risk. The due diligence investigation is normally carried out with the knowledge and co-operation of the management of the entity being investigated.

The analysis of various taxes is one of the most complex areas that are encountered during an investigation. We provide expert tax advice through a highly qualified team which has in-depth knowledge, of the entity's industry and of the tax nuances faced by it.

We also undertake assignments for tax investigations mandated by the various judicial bodies like the High Courts in various jurisdictions within India etc.

A due – diligence is usually a service that is offered in addition to the various services offered in the case of a merger, acquisition, or divesture, which usually involves an independent analysis and evaluation of relevant information to interpret financial, commercial and tax information in detail affecting the financial performance of the entity, whether for the purpose of an investment or disinvestment. hide