Taxation
We prefer to take a proactive v/s reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year:
Direct Taxation and Regulatory Services
Making taxation understandable and clear is our goal, and we offer this service to individuals, corporates, LLPs, and more.
Tax planning & return preparation:
- Individuals
- Corporations
- Partnerships
- LLCs/LLPs
- Estates, trusts & gift
- Not-for-profit organizations
Regulatory Process:
To provide you with end-to-end assistance, we also handle all the assessments proceedings under direct and indirect tax provisions. We also have expertise in appearing for regular assessments, handling appeals and appearing before tax tribunals.
Indirect Taxation and Regulatory Services
Recognizing the client requirement to of Indirect Tax Legislation that influences every conceivable nature of the business transaction is it manufacture, trading, rendering of services, imports, exports.
Evaluate tax implications on existing or proposed business transactions.
Review contracts and agreements in order to identify the GST impact, from the perspective of Procurement, Manufacturing, and Distribution.
Assistance in identifying optimal valuation model for related party transactions under GST, while aligning the same with the model adopted under transfer pricing provisions.
Evaluate the legal positions adopted and suggest changes, if any, under the GST regime
Assistance to comply with the provisions of anti-profiteering rules under GST
Advice on matters pertaining to import and export of goods into/from India under the Customs Act, 1962
Assistance in Customs Valuation-related matters with regards to import from related parties
Advice on various incentive schemes pertaining to duty-free import/export of goods or services under the Foreign Trade Policy
Compliance services:
Assistance in obtaining registrations under GST or other statutory legislations as required
Verification of input tax credit records and identification of ineligible credits
Review of periodic computation of tax liabilities
Assistance in preparing and filing periodic return(s)
Provide GSP/ASP solutions for seamless execution of monthly compliances
File requisite statutory applications with various authorities
Regulatory Process:
Assistance in drafting responses to notices, enquiries and such other communication received from revenue/assessing authorities
Assistance in preparation and filing of appeals against orders received from appellate authorities
Representation before the appropriate authorities and engaging external legal counsel, if required
Filing advance ruling applications with the authorities in order to seek clarification on ambiguous matters