Taxation is the most important part of business structuring in India. We practice in the Direct as well as Indirect Taxation matter. We advise clients in structuring their business transactions with a tax planning model, advising them on income tax as well as other tax implications and applicability's. We also provide legal solutions to the clients on international taxation, transfer pricing, custom tax, excise tax, professional tax etc. The following are our tax practice:
Direct Taxation
- Advising on the entire taxation structure, direct and indirect, DTAA and transfer pricing
- Tax advisory on mergers and acquisitions
- Comprehensive tax advice on in-bound and out-bound transactions and structuring of the transaction in a tax planned manner
- Coordinating with foreign counsels for our clients who are setting up their ventures abroad to ensure global tax planning, compliances and adherence to foreign tax laws.
- NRI taxation and advisory
- Obtaining advance tax rulings for our clients,
- Representing our clients in tax litigations matters before income tax authorities and
- Drafting tax related provisions in various offer documents, such as for international or domestic offerings
- Rendering advisory service to the clients on various issues relating to specified tax areas and for specific industry e.g. taxation of engineering, construction, mining, energy, e-commerce insurance etc.
Indirect Taxation
We advises clients across a wide spectrum of indirect taxation laws, rules and regulations relating to indirect taxation e.g excise, customs, service tax, value added tax / central sales tax and goods and service tax. We advise and do procedural work for the clients. Our practice areas includes:- Advisory on classification of goods under Excise & Customs Tariffs;
- Rendering advisory services for claiming various exemptions & concessions under indirect tax laws
- Determining arm's length price in case import transactions are between related group entities;
- Levy of anti-dumping and safeguards duties both for & against;
- Availing of various export incentives under the Foreign Trade Policy;
- Advisory on deciding tax liability for Service Tax under national and international agreements entered with group companies and other service providers; and
- Advising and executing Sales tax and VAT implications