Taxation

Continuous development and increasing complexities in economic environment lead legislators to bring rapid changes in Direct and Indirect Tax Laws. We advise clients on major developments in taxation regimes occurring periodically and their effect on business keeping them updated with tax compliance and Tax audit. Our multi-disciplinary Tax Team helps you in corporate tax advisory and overall tax planning.

  • Domestic Direct Tax Advisory

We understand the impact of developments in tax and regulatory aspects and strategically use them to the benefit of business activities conducted by providing strategized financial decisions.

Our services includes:

  • Corporate and Individuals Tax Planning.

  • Advance tax calculations and deposit on quarterly basis and deposit of self-assessment tax and tax on regular assessments etc.

  • Replying to various Income Tax Notices, getting wrongly raised demand deleted and getting refunds, if any.

  • Advising individual clients to select best tax payment scheme as there are two options for individuals while making tax payments and filing tax returns in India.

  • Designing entry strategy to India from a tax and regulatory perspective.

  • Tax planning for corporate restructuring, amalgamation, demerger, strategies for profit and dividend repatriation.

  • Legal opinion on Direct Tax Law and Procedures.

  • Advising on withholding tax obligations on payments.

  • International Taxation and Transfer Pricing Advisory

Increasing participation of multinational groups in economic activities in the country and inter group transactions has given rise to new and complex issues emerging from transactions entered in between two or more enterprises belonging to the same multi-national or domestic group.

Determination of transfer pricing policy brings certainty to the inter-company transfer pricing and also mitigates transfer pricing exposure in advance. Therefore, taking prior advice on any international transactions or specified domestic transactions with its associated enterprise, it is essential that the transaction is evaluated, structured and planned specifically considering the tax impact.

Our services include:

  • Transfer pricing Planning

  • Transfer pricing Documentation

  • Transfer Pricing Study Report

  • Litigation Support

  • Advice on all relevant matters.

  • Tax Compliance Services

Efficient maintenance of accounting records and timely statutory compliances reduce risks, enable effective financial monitoring and control, and increase efficiency.

Tax Compliances services include:

  • Preparation and Review of corporate and individual tax returns to ensure compliances with the Income Tax Act.

  • Payment of Tax on Employment and filing of Profession Tax Returns.

  • Monthly compliance of TDS provisions, timely deposit of taxes, filing of Quarterly E-TDS returns and issuance of Annual Certificates, etc.

  • Application for 12AA and 80G registration for NGOs and Trusts.

  • Calculating Advance Tax liability on behalf of client.

  • Issuing Foreign Remittance Certificates (15CA/ 15CB) under the various provisions of the Income Tax Act.

  • Indirect Tax - GST Advisory

GST an all-encompassing levy is an indirect tax that subsumes central and state tax. No doubt, it aims for simplification of the country’s indirect tax system, but it also carries various challenges to businesses in its planning, budgeting, and investment.

Services provided:

  • Reviewing the accounting data of the client and check for GST compliance as per the tax laws .

  • Assisting clients in the classification of the transactions under the correct HSN/ SAC code for goods/ services.

  • Advising clients on the applicability of GST on various transactions undertaken or proposed to be undertaken.

  • Suggesting tax models for input credit optimisation and ensuring a pass-through tax mechanism, refund mechanisms, etc.

  • Suggest relevant schemes, concessions, etc. for business considering the applicable Foreign Trade Policy and GST Laws.

  • GST Compliance Services
  • Filing GST returns as well as all periodic returns under other tax schemes. Collecting relevant data, review of annual returns, certifying reconciliation statements, and keeping clients updated on GST amendments.

  • Determining the inputs, input services and capital goods on which taxes have been paid and credit of which are eligible to be taken and determining the reversals of input tax credit availed as per GST laws.

  • Determining the applicability of reverse charge mechanism.

  • Intimation for payment of taxes as per output liability of the clients.

  • Filing of Annual Return in Form GSTR-9 or in other relevant form as per the status of the taxpayer.

  • Preparing refund claim as per statutory requirement, filing refund claim with department and making follow up, representation in case refund claim rejected.

  • Representation Services

We represent the client before the various tax officials regarding Income Tax and GST matters. We appear and represent in all appeals and other proceedings including before the Income Tax Appellate Tribunal, Settlement Commission and Authority for Advance Rulings (AAR), Dispute Resolution Panel (DRP), etc.

  • RERA Compliance

Real Estate is one of the biggest sectors in India. The government got the Real Estate (Regulation & Development) Act into the picture to ensure that this sector grows along with building confidence in the stakeholders. RERA was enacted to regulate transactions related to both residential and commercial projects.

The provisions like timely completion and delivery of projects to the buyers and making the information of the project plan, layout, government approvals, land title status, and sub-contractors available, consent of two-thirds of the allottees on any alteration or addition in the project, and other such provisions, would bring in more transparency and accountability in the real estate sector.

RERA makes it mandatory for all commercial and residential real estate projects where the land under development is over 500 square meters or no. of units to be constructed exceeding 8 apartments will have to register with the RERA authority before launching of the real estate project.

The systems or processes we help put in place are:

  • Project Registration

  • Preparation of Certificates as required by the Act.

  • Consultancy for preparation of books, cash flow management.

  • Assessment cases and consultancy in related matters.

  • Audit of Real Estate Projects under RERA.

We help companies make better financial decisions

Know Our Services