The Direct Tax team is thoroughly equipped and committed to providing advisory services and handling litigation across the complete range of direct tax laws. Our dedicated team of experts is focused on offering practical and innovative solutions to our clients and possesses expertise in the following key areas:
Compliance & Regulatory Support:
- Tax Return Preparation & Filing: Preparation and timely filing of income tax returns for individuals, firms, companies, NRIs, and foreign nationals.
- TDS Compliance: Managing tax deduction at source (TDS) including calculations, deposit, e-TDS return filing, and issuance of certificates.
- Tax Registrations: Assistance in obtaining Permanent Account Number (PAN), Tax Deduction Account Number (TAN), and other tax-related registrations.
- Regulatory Filings: Handling all statutory filings, including advance tax, self-assessment tax, and other mandatory reports.
- Response to Notices: Drafting and submitting replies to tax notices, inquiries, and information requests from the tax department.
- Tax Advisory: Providing ongoing advice on compliance with direct tax laws, GST, and other indirect tax regulations to avoid penalties.
- Audit Support: Coordinating and supporting during tax audits, assessments, and regulatory inspections.
- Record Maintenance: Ensuring proper maintenance of tax-related records, documentation, and reports as required under law.
- Risk Mitigation: Identifying potential compliance risks and recommending corrective actions to safeguard against disputes or litigation.
Litigation:
Comprehensive representation in all disputes arising under income tax and other direct tax laws, before Assessing Officers, CIT(A), Dispute Resolution Panels, and the Income Tax Appellate Tribunal (ITAT), High Courts and the Supreme Court of India, ensuring strong advocacy, strategic handling, and effective resolution of tax controversies.
Due Diligence:
Conducting tax due diligence to identify potential tax risks and liabilities related to a proposed transaction or investment.
Consultation:
Provide tailored tax solutions for diverse industries, ensuring efficient planning, compliance, and reporting. Our expertise includes structuring transactions, optimizing tax benefits, and managing disputes for sectors like transportation, infrastructure, banking, hospitality, IT, automobile, media, real estate, and education.
Transfer Pricing and Cross-Border Transactions:
End-to-end support in transfer pricing and international tax matters, covering detailed TP studies, benchmarking analyses, and preparation of documentation in line with Indian regulations and OECD standards. Our expertise extends to structuring and negotiating cross-border transactions, advising on the taxation of expatriates, and developing tax-efficient global business models. Our team manages compliance filings, audits, and dispute resolution, representing clients before Transfer Pricing Officers, DRPs, Tax Tribunals, and higher judicial forums, ensuring minimized tax exposure and adherence to international best practices.