Direct Tax
Direct Tax
- Opinion of an appropriate form of entity to set up business activities in India after mapping the resources and challenges with the client’s level.
- Entry-level strategies, business study with respect to tax implication, impact assessment of residential status of promoters on proposed business, tax benefits, and concessions, compliance calendar based on needs of the business.
- Assist to resolve uncertain tax positions by drafting and representing before tax authorities for advance ruling.
- Evaluation of optimum use of tax incentives in proposed business activities after understanding the client’s proposed business models.
- Providing Corporate Tax Litigation Assistance.
- Obtaining Advance Rulings for transactions involving tax uncertainties.
- Obtaining opinion from senior counsels by framing queries in line with business transactions.
- Tax diagnostic reviews.
- Representation before the income tax and withholding tax authorities – Obtaining lower TDS certificates, tax clearance certificates by proper representation before authorities.
- Advising on withholding tax obligations on payments.
- Assisting in filing various tax returns, declarations for foreign participation in Indian entities, assessment of foreign assets and foreign income and making adequate disclosures.
- Liaising with Income Tax authorities for refunds, rectification, revision of orders etc.