Direct Tax

Today Indian revenue authorities have a focus on increasing the tax base through use of technology, while in this ever changing environment many a times there can be tax uncertainty and litigation resulting in tax demands from authorities. Thus, it becomes important to keep abreast with the tax and regulatory laws and compliances and prepare for the any uncertain issues.

Inbound Advisory Service

  • Collaboration to evolve the optimum investment structure considering the client’s business requirements, including cash flow streams to entities in India/outside India, cash pooling needs, exit strategies, etc.
  • The advisory and implementation assistance in the areas of –
    •  FDI Policy
    • Exchange Control regulations
    • India and home country tax considerations
    • corporate law, etc.

Strategic Tax Review- India Focused

  • Review of the corporate tax returns submitted, outstanding litigation, remittances made to offshore parties/related parties and other significant tax attributes of the Company.
  • Identify and manage risks apart from challenging status quo on various aspects.
  • Implementation assistance to the management as may be requested.

Strategic Tax Review- International

  • Cross border and in-country tax strategies for significantly important geographies as identified by the client.
  • Exploring varied financing options, IP planning opportunities as well as business model optimization avenues, amongst others leading to optimization of effective tax rate on an overall basis.

Tax Advisory

  • Assistance in rendering all direct tax advisory services in the following areas:
    • Withholding tax
    • Business models
    • Funding options
  • Tax Advisory Services – Inbound and Outbound clients
  • Issue of certificate for remittances to be made to non-resident persons,
  • Withholding tax obligations,
  • Deductibility of expenditure
  • India entry routes and instruments for making investment into India
  • Tax and foreign exchange compliances
  • PE issues and implications thereof

Tax Compliance

  • Annual corporate tax returns
  • Advance-tax and self-assessment tax computations.
  • Issue of Certificates
  • Quarterly e-TDS returns.
  • Obtaining Tax Identification Numbers
  • Other Income tax, Wealth tax and Withholding tax returns

Tax Representation and Litigation Support

  • Representation before the income-tax authorities in connection with the assessment proceedings, withholding tax proceedings and related matters
  • Preparing the application and obtaining nil / lower withholding tax orders
  • Filing appeals / objections and representation before Commissioner of Income-tax (Appeals), Dispute Resolution Panel and Income-tax Appellate Tribunal; (‘ITAT’) ; Briefing the Counsel for representation before the ITAT / High Court .
  • Assisting Counsel in filing of Writ petitions / appeals before the High Court (‘HC)’

Tax and Foreign exchange regulations/FDI policy Advisory Services

  • Withholding tax rates and issuance of certificates u/s 195 in pursuance thereof;
  • Exchange control laws and foreign direct investment policy relating to investment in India.
  • Funding structure for subsidiaries and other joint ventures based in India and exchange control regulations maybe applicable.
  • Funding as well as repatriation strategies
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