Income Tax

As auditors, we are responsible for auditing financial statements in the accounts presented before them in order to assure users of financial statements that they have been prepared in accordance with accounting laws and regulations.

We keep an eye on the whole tax strategy while taking into account the dynamic changes in Indian tax law. We examine your business and intercompany contracts, develop tax management positions and risk mitigation measures, perform tax due diligence, and analyse your transactions’ tax efficiency.

We provide guidance on creating holding structures that are tax-efficient, business models that reduce the risk of Permanent Establishment, support the repatriation of funds that are tax-efficient, and enhance cash flows by securing a lower tax withholding certificate and advance ruling from the Indian revenue authorities.

In addition to compiling documentation that complies with BEPS requirements, we review, develop, and administer a strong transfer pricing strategy that is linked with your global transfer pricing approach. We often help our clients comply with new documentation and reporting requirements, such as the Advance Transfer Pricing (APA) scheme and the Safe Harbour rule. The “Master File” and Country by Country Reporting (or “CbCR”)

With regard to managing international employee assignments and HNIs, we have developed specialised skills, including creating tax-efficient compensation packages, providing social security advice, creating and administering stock option plans, getting no objection certifications, and filing tax returns.

One of the most significant authorities of the Income Tax Department is the ability to examine a tax evader’s home and then seize any unlawful money. Such operations are frequently carried out by tax authorities to reduce tax evasion.

Our employees take proactive measures to manage risks and keep out of trouble with Indian tax or appellate authorities. Our director-led representations help with every stage of the tax litigation process, including drafting and submitting replies and appeals, appearing before the revenue officer or first appeals, and supporting senior counsel in court.