Direct Tax
- Interpretation and Opinion/Point of View covering domestic and tax treaty provisions
- Strategic solutions for businesses (including at set-up stage), holding company, IP, incentives, repatriation and exits, including under anti-abuse provisions (GAAR), POEM, etc.
- Inbound and Outbound structuring, including jurisdiction analysis
- Tax risk/controversy management thru periodic health check services
- Employee, including expatriates related strategies, including ESOP policies (advisory and implementation support)
- Tax compliances covering annual & periodic income and withholding filings
- Tax withholding processing
- Assistance at advance tax stage, including covering tax credit mechanism
- Tax Audits and Certification, including repatriation * remittance documentation
- Assist in obtaining tax registrations and other certificates from Revenue Authorities
- Responding to Revenue authorities notices, communications, etc.
- Preparing and filing replies/submissions
- Representation before authorities, including first level appellate authorities
- Briefing and assisting counsels in representation before higher appellate forums
- Alternative dispute resolution, MAP strategy and support
International Tax
- Interpretation and Opinions covering Tax Treaty/Multilateral Convention (BEPS measures) (MLI)
- Strategic solutions for businesses, holding company, IP, incentives, repatriation and exits, including under anti-abuse provisions (GAAR), POEM, etc.
- Inbound and Outbound structuring, including jurisdiction analysis (including working with overseas consultants)
- Tax risk/controversy management/effective tax rate and credit analysis
- Expatriates tax
- Assist Foreign entities/expatriates/non-residents on compliance requirements (annual & periodic income and withholding filings, etc.)
- Tax withholding processing
- Assistance at advance tax stage, including covering tax credit mechanism
- Tax Audits and Certification, including repatriation remittance documentation
- Assist in obtaining tax registrations and other certificates from Revenue Authorities
- Responding to Revenue authorities notices, communications, etc.
- Preparing and filing replies/submissions
- Representation before authorities, including first level appellate regulations (e authorities
- Briefing and assisting counsels in representation before higher appellate forums
- Alternative dispute resolution, Advance Rulings, MAP strategy and support
Transfer Pricing
- Interpretation and Opinions
- Transfer Pricing modelling /planning (Supply Chain, etc.) and structure
- Advance Pricing Agreement (APA) and Safe Harbor rules
- Reviewing policies and documentation health check
- Intellectual Property strategy and entity characterization, including tested party
- Aligning with overseas affiliate policy vis-à-vis domestic provisions
- Documentation
- Certification
- Master File and Country by Country Report
- Responding to Revenue authorities notices, communications, etc.
- Preparing and filing replies/submissions
- Representation before authorities, including Dispute Resolution Panel and first level appellate authorities
- Briefing and assisting counsels in representation before higher appellate forums
- Alternative dispute resolution, APA, Safe Harbor and MAP strategy and support
Regulatory
- Policy Interpretation and providing views thereon
- Inbound and Outbound advisory covering Indian exchange control and corporate regulatory framework, including covering repatriation and exit implications
- Regulatory risk/controversy management thru periodic review of business structures
Assistance in setting up businesses, including obtaining regulatory approvals (RBI, etc.), incorporation of entities, etc.
Working with Lawyers/Legal Team on closure of Agreements, etc.
Co-ordinating with Bankers on investment flows, remittances, including preparing statutory forms, etc., and issuing prescribed valuation certificates, etc.
Routine annual compliances
- Preparing and representing on regularization applications
- Preparing and representing under Compounding provisions
Transaction Advisory
- Assistance in M&A and Fund raising, along with restructuring of business including Demerger, promoter stake sale, JV etc.
- Assisting the client in finding the right buyer/target/investor based on the Industry
- Assistance in commercial negotiations, optimal transaction structure, reviewing the term sheet etc.
- Assistance during Due Diligence Process
- Working with Lawyers/Legal Team on closure of Agreements, etc.
- Valuations under the Company Law Regulations/ NCLT (Registered Valuer Report)
- Valuations required for compliance under FEMA, SEBI & Income Tax Act (Merchant Banker or CA Report)
- Intangible Asset Valuation
- Business Valuation for Arbitration, Disputes, Family settlements etc.
- Valuation of Convertible instruments
- Financial Reporting Valuation (IND AS, IFRS)
- Review financial statements, including income statements, balance sheets, and cash flow statements
- Analyze revenue and expenses
- Assess assets and liabilities
- Evaluate debt and financing agreements
- Analyze working capital
- Review financial projections
- Assess the company’s financial health
- Review tax compliances
- Review ROC compliances
Settlement & Succession Planning
- Understanding individual wishes on bequeathing personal wealth and developing wish based structure ensuring family harmony, defining family philanthropic goals and financial well-being of future generation
- Documenting asset distribution (Will, Trust Deed, Gift Deed, etc.), including adequate asset protection measures (tax & regulatory, etc.), including working along with with other professionals
- Reviewing and updating documentation in light of family circumstances and regulatory changes
- Discussing succession plans with family/beneficiaries/heirs to ensure clarity and prevent conflict
- Advising and working with Family members in case of disputes and assist reaching family settlement
- Understanding overall transition plan with key Family members and developing wish based transition planned taking into consideration potential successors based on skills and competencies
- Advising and strategizing ownership transfer, gift, sale, etc., including considering complex tax and regulatory considerations
- Assisting in documentation (Shareholder Agreement, etc.) asset and business valuation, etc.
- Assist in developing Governance/Family Council/Family Constitution/Advisory Board/Family Charter, Dispute Resolution mechanism, etc.
- Advise and strategies future expansions, financial plan for meeting contingencies
- Advise and strategies exit options for controlling members/family as a whole in case of exiting from the business
Finance and Accounting Services
- Continuing business strategic interactions with promoter / management, including roadmap for growth and other initiatives, including cost-saving measures
- Transaction advisory and support services in case of events such as business restructuring, funding, etc.
- Accurate, updated and speedy customized MIS (monthly cashflow projections, budgeting and forecasting, monthly / quarterly MIS, etc.) Reports facilitating better understanding of financial performance
- Vendor and Payroll processing with related regulatory compliances
- Accounts receivable/payable management
- Maintaining / coordination with internal/external accounting / book-keeping consultants to ensure extensive and efficient accounts function
- Compiling and maintaining books of account in line with the applicable accounting standards, including compilation of mandatory financial registers, etc.
- Preparation of financial statements
- Current tax & deferred tax working
- Assistance with internal audit and other management requirements like stock verification, fixed asset verification, etc.
- Audit support services
- Assistance in adhering to relevant regulations (filing of income & withholding tax returns, GST/FEMA/Corporate law filings, etc.)
Audit & Assurance
Assistance in the following process:
- Audit prescribed under Corporate and other regulations
- Certificates and Special Purpose Reports
- Limited Reviews
- Tax Audit prescribed under Direct & Indirect Tax laws
- Transfer Pricing and other Certificates prescribed under Direct Tax regulations
- Risk management covering assessment of organizations risk management processes and providing suggestions to mitigate identified potential risks
- Evaluating adequacy and reporting of financial internal controls
- Evaluating adequacy of internal controls with respect to regulatory compliance and reporting any non-compliances
- Reviewing accuracy and reliability of financial records and financial statements from true and fairness perspective
- Special reviews on specific matters (financial fraud, etc.)
- Follow up reviews/monitoring of implementation of previous reports
