Our team provides end to end services covering:-
- Representation before tax and appellate authorities
- Transfer pricing analysis: In terms of chapter X of the Income Tax Act, 1961, every assessee needs to substantiate that income arising from any international transactions (as defined) with its associated enterprises (as defined) have been computed having regard to the arm’s length price. The tax regulations also specify the precise methods to be followed to substantiate such arm’s length price apart from prescribing elaborate documentation to be maintained. The regulations also require an Accountants report, by every person who has entered into international transactions and furnish such report to the tax authorities, before the stipulated due date.
- Cross border taxation and advice on double taxation treaties between India and other countries
- Compliance audits: We carry out compliance audits so that management of organizations has the requisite comfort that all statutory obligations under direct tax laws have been effectively discharged by personnel working for it. The direct tax code interalia prescribes onerous obligations on a business to deduct tax at source on a variety of business payments and remit the same to the government. Failure to deduct such tax will result in the business being held as an ‘assessee in default’ inviting demands for tax, interest and penalty. The relevant business expense may also be disallowed while computing total income of the assessee.