Our team provides integrated tax services that bring structures and solutions to direct and indirect tax matters, including  domestic and international tax issues, mergers & acquisition tax and transfer pricing complexities that meet every aspect of your specific requirements. We help you formulate effective strategies to optimise taxes, implement innovative tax plans and effectively manage compliances.

1. Corporate tax & compliance

Tax compliance is more than just a legal requirement – it is a critical component of your financial strategy. With our dedicated team providing tax compliance services, you can focus on the critical matters that needs your time while we handle the complexities of tax regulations on your behalf. Our team of corporate tax experts provide a suite of comprehensive services.

How we can help

Our specialised services include:

• Strategic tax planning, to minimize tax liability while maximizing deductions within the framework of the laws.
• Comprehensive compliance reviews to assess current tax practices followed and identify areas for improvement.
• Regular advisory on withholding tax, review of monthly/quarterly compliances and filing of returns before tax authorities.
• Assistance in meeting advance tax responsibilities.
• Preparation of applications and assistance in representations for obtaining lower tax withholding certificates from tax authorities.
• Assistance in conducting tax audits, preparation and filing of corporate tax returns, specified financial transaction reporting, foreign tax credit claim and other compliances.
• Compilation of information and assistance in representation before tax authorities for ongoing litigations, rectification & query raised by the tax office.
• Preparation of appeal documents, filing of appeal and assistance in representation before commissioner appeals or dispute resolution panel or income tax appellate tribunal.

2. International taxation

Increasing globalisation of multinational companies has resulted in international taxation assuming considerable significance. For companies operating in different jurisdictions, aligning of tax policies with business and tax aspirations is crucial for an overall reduced tax burden. International tax environment is also becoming more complex and dynamic with international bodies like the OECD and UN introducing various measures to tackle tax avoidance, improving coherence of international tax rules for greater transparency in the tax environment. The international tax rules are constantly evolving through implementation of OECD’s action plans on ‘Base Erosion and Profit Shifting’ (BEPS), pillar 1 on profit allocation and nexus, pillar 2 on global minimum taxation and other matters.

Our international taxation experts can assist you in formulating an overall tax strategy for your business group by taking into consideration the ever-changing tax environment of the world and ensuring timely and correct compliances in India.

How we can help

Our specialised services include:

• Assistance in formulating corporate structures for multi-national groups in tax jurisdictions that minimise tax burden considering domestic tax and other provisions, double taxation avoidance agreements (DTAA) and related tax advisory services
• Analysis of various cross border transactions entered into by the taxpayer and advice on taxation on the basis of provisions under domestic tax laws and DTAA
• Assistance in the formation of permanent establishment of foreign companies in India, including advice on the attribution of income subject to tax in India
• Assistance in applying and obtaining tax determination certificates from the income tax department of India
• Compliances in India by foreign companies (with or without a permanent establishment in India) in respect of income tax returns, transfer pricing, withholding tax and other compliances
• Assistance in representation before the tax authorities in India for resolving international tax related disputes.

3. Transfer Pricing & Country-by-Country (CbC) Report

The transfer pricing provisions in India require businesses to maintain extensive documentation for supporting their inter-company pricing, especially with reference to third party transactions, comparable on a contemporaneous basis. This obligation along with the quantum of tax involved and the strategic nature of inter-company pricing, makes it necessary for businesses to maintain a robust and defendable transfer pricing documentation.

Under BEPS Action 13, all large multinational enterprises (MNEs) are required to prepare a country-by-country (CbC) report with aggregate data on the global allocation of income, profit, taxes paid and economic activity among tax jurisdictions in which they operate. This CbC report is shared with tax administrations in these jurisdictions, for use in high level transfer pricing and BEPS risk assessments.

Our team of experts provide comprehensive and tailor-made solutions for all your transfer pricing and CbC reporting needs. We have a dedicated team of transfer pricing professionals who will work closely with you in understanding the business, industry, organizational structure, associated functions and risks involved and accordingly provide solutions, suited to your requirements.  

How we can help

Our specialised services include:

• Advisory

• Designing robust transfer pricing policy, including its effective implementation and management for multinational groups
• Advise on maintenance of customised documentation contemporaneously
• Development of transfer pricing strategy and planning for new businesses/segments/inter-company transactions by undertaking a thorough study, conducting benchmarking analysis and advising on the documentation required
• Diagnostic review and monitoring of existing transfer pricing policy as to its suitability in light of changing regulations.
  • Compliance
• Preparation of detailed Transfer Pricing Study Report based on:
• Analysis of functions, assets and risks of the taxpayer and its associated enterprises governing international transactions
• Review of the business environment of the taxpayer and the industry in which it operates
• Undertaking benchmarking analysis of all international transactions entered during the fiscal year and testing for their arm’s length character by applying the specified methods
• Review and compilation of documentation maintained in respect of the international transactions.
• Assistance in obtaining chartered accountant’s report in form 3CEB, to be filed annually by all taxpayers having international transaction during a fiscal year;
• Master file and country-by-country (CbC) reporting
• Assistance in preparation of master file
• Assistance in preparation of CbC report and other related compliances.
  • Dispute resolution / avoidance
• Assistance in representation before:
• Transfer pricing officer
• Commissioner of income tax (appeals)
• Dispute resolution panel
• Appellate tribunal
• Drafting of submissions, appeals and letters to the revenue/appellate authorities;
• Assistance in preparation of application for advance pricing agreements (APA), including additional submissions, revisions, renewals and negotiating with APA authorities;
• Assistance in application of safe harbour rules.

4. Expatriate taxation

We specialise in expatriate tax advisory and business services to individuals and corporate clients moving into India or companies planning to expand abroad and assist in determination of tax implications at both an individual and business entity level.

How we can help

Our specialised services include:

• Assistance in obtaining Foreign Regional Registration Office (F.R.R.O) registration in India upon arrival.
• Assistance in obtaining income tax clearance certificate (ITCC) from the tax authorities at the time of departure of expatriates from India.
• Periodic review of income tax liability in India for salary earned in India and income earned in the rest of the world on the basis of residential status of the expatriates in India, based on the provisions of income-tax act read with the double taxation avoidance agreement (DTAA) between India and the resident country.
• Assistance in resolving tax litigations.

5. Goods & services tax (GST)

The goods and services tax (GST) laws are designed to simplify the tax structure and promote ease of doing business. By eliminating the cascading effect of multiple taxes  it has significantly reduced the overall tax burden on goods and services. This has resulted in an efficient and streamlined supply chain for businesses as they can claim input tax credit (ITC) seamlessly throughout the supply chain resulting in reduced costs and smoother operations.

Our GST services are designed to provide comprehensive support that ensure timely compliances and enhanced efficiency in managing all GST-related requirements.

How we can help

Our specialised services include:

• Assisting with preparation and documentation required for GST registration and carrying out amendments, as necessary to ensure that all requirements are met

• Providing expert guidance in the compilation and preparation of monthly returns, including all relevant GST returns
• Offering tailored GST advisory services specific to the needs of the company
• Supporting the preparation of E-invoices and E-way bills, as well as streamlining your business processes
• Addressing queries from GST authorities, response to show cause notices served by GST authority by thoroughly reviewing and crafting responses to meet their expectations, including representation during personal hearings, as required
• Facilitating the GST refund process, ensuring all applicable provisions are followed, documentation accuracy and applications submission and tracking for timely processing
• Filing letters of undertaking (LUT) for businesses exporting goods and services and enabling the classification of supplies as zero-rated under GST
• Preparing and reconciling annual returns and ensuring compliance with all regulations as well as accuracy in reporting financial information
• Compiling information and preparing detailed responses during assessments and audits, including representing clients before GST authorities to ensure that all matters are addressed effectively