Direct Tax Advisory: Navigate Tax Compliance with Ease
Direct taxes, such as income tax, corporate tax, and capital gains tax, are levied directly on individuals and businesses. A robust direct tax advisory ensures proper planning, compliance, and utilization of exemptions and deductions under the Income Tax Act. Strategic advisory helps optimize tax liabilities while ensuring timely filing of returns to avoid penalties. Professionals assist in tax audits, dispute resolution, and keeping up with evolving regulations, empowering businesses and individuals to stay tax-compliant and financially efficient.
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- Advising on the tax implications of various transactions, including mergers, acquisitions, divestitures, and reorganizations.
- Structuring transactions in a tax-efficient manner to achieve financial objectives.
- Providing personalized tax advice to individuals, including high-net-worth individuals, to optimize their tax positions.
- Advising on investments, income structuring, and exemptions available under the tax laws.
- Assisting businesses in optimizing their corporate tax positions while ensuring compliance with tax laws.
- Advising on the selection of appropriate legal structures for businesses to achieve tax efficiency.
- Offering guidance on transfer pricing policies to multinational companies to ensure compliance with arm's length pricing principles.
- Assisting in preparing documentation and conducting transfer pricing risk assessments.
- Advising on the tax implications of various investment options, including stocks, bonds, real estate, and other financial instruments.
- Evaluating the tax implications of different investment structures.
- Conducting comprehensive reviews of tax compliance to identify areas of potential risk or non-compliance.
- Recommending corrective actions and strategies for improved compliance.
- Providing guidance on available tax incentives, exemptions, and deductions applicable to specific industries or business activities.
- Assisting businesses in maximizing benefits under relevant tax incentive schemes.
- Advising on the tax implications of cross-border transactions and international business operations.
- Providing guidance on Double Taxation Avoidance Agreements (DTAA) and minimizing tax exposure in global operations.
- Preparing and filing 15CA-15CB and other international tax filing documents like Permanent Establishment (PE Filing), Tax Treaty benefits, Tax Residency Certificate, etc
- Representing clients in discussions with tax authorities during assessments, appeals, and dispute resolution processes.
- Advocating on behalf of clients to resolve tax-related issues in a favorable manner.