Taxation & Legal

Tax laws is a neighborhood of legal practices which deals with the constitutional, common-law, statutory, tax treaty, and regulatory rules that constitute the law applicable to taxation. A further name arose from tax laws is Litigation. Litigation is a resolution between disputing parties about a legal case, reached either before or after court action begins. Facing a serious dispute, investigation or litigation can be one of the most challenging times for any organization. The focus of tax assessments or litigation is gradually shifting from micro issues (such as procedural disallowances) to issue-based and concept-based reviews. Given the legal labyrinth that taxpayers often face, a judicious analysis is imperative in deciding which issues are worthwhile to litigate and on which issues it’s more viable to concede. We, with our experience team and with in-depth knowledge help in making this decision. Complicated direct tax and indirect litigation at all levels of the Income tax and Goods and Service Tax Authorities is our forte. We have both the experienced and the intuition to represent clients through tax assessments or litigations before the tax department at all levels of authority We are servicing for:
  • Goods and Service Tax
  • Direct Tax Services
  • Transfer Pricing
  • International Taxation Services

    Goods & Service Tax Act (GST) is a Law in India which merged in it VAT, Service Tax, Excise, Octrai, Entry Tax etc and decrease cascading effect. GST Law comes in to effect from 1st of July 2017; it is a comprehensive destination-based tax that will levy on Centre and state levels at every value addition. Under destination based taxation, tax accrues or tax benefit goes to the destination place where consumption of the goods or services takes place. The earlier VAT regime was based on origin principle where Central Sales Tax was assigned to the State of origin where production or sale happened and not to the State where consumption happened. Our GST team has been closely involved in monitoring the developments or changes on GST. We help businesses or corporate in forecast policy changes and assessing impact on their operations. We offer a bunch of specialised GST advisory services which includes analysing its impact on business of our clients, scenario analysis including alternative business models, legislative business level implementation assistance, transition management and undertaking key compliances including providing assistance and understanding how the new tax regime will impact your products, pricing, business compliances, profitability etc. Our team of professionals will provide an in-depth analysis of GST and rendering services as:
  • Assisting entrepreneurs in understanding of procedural aspects and impact of GST
  • Registration under GST for all assesses including composition dealer
  • Preparation and filing of returns in GST including annual return
  • GST annual audit and compliance
  • Representation to tax authorities at various levels
  • Consulting retainer ship
  • Other GST compliances and consultancy services

    The Central Board of Direct Taxes (CBDT) is responsible for the administration of direct taxation in India. Under the Income Tax Act, 1961 The Central Government empowers Income Tax Department to levy tax on income of individuals, firms, companies, local authorities, societies, or other artificial juridical persons. Therefore Income Tax Department influences businesses, professionals, NGOs, income earning citizens, and local authorities among others.  The Act empowers Income Tax Department to tax businesses entities and others under one roof. Our direct tax team providing services in such a way that helps a lot to small & medium entrepreneurs and large tax payers and providing services in the field of Direct Tax and include:
    Domestic Tax Advisory and Compliance
  • All areas of taxation including personal tax and corporate tax.
  • Preparation and filing of online returns and physical returns
  • Tax due diligence
  • Tax Audit and Transfer Pricing Audit under the Income Tax Act, 1961
  • Preparation and filing of electronic returns for TDS
  • Withholding tax advisory and issuing requisite certificate
  • Suggesting legal structure of business entities.
  • Obtaining various certificate from Income Tax department
  • Advisory in income tax matters & tax planning
  • Application for PAN / TAN etc.
  • Representation and Litigations
  • Representation before CBDT
  • Representation for tax assessment and appeals
  • Handling prosecution matters
  • Transfer Pricing

    Transfer pricing refers to the rules and methods for pricing transactions within and between enterprises under common ownership or control. Because of the potential for cross-border controlled transactions to distort taxable income, tax authorities in many countries can adjust intragroup transfer prices that differ from what would have been charged by unrelated enterprises dealing at arm’s length (the arm’s-length principle) Transfer Pricing rules allow tax authorities to adjust prices for most cross-border intragroup transactions, including transfers of tangible or intangible property, services, and loans. Corpansh Business Advisors Transfer Pricing team specialised and practice in India to manage the complex structure and compliance. We will help you to setup the Transfer Pricing regime and prepare strong audit-defense documentation for your domestic as well as cross-border transactions. Corpansh Business Advisors
  • Advising clients on optimal Pricing Policy
  • Conducting Transfer Pricing Audits and certification for both international and domestic transactions
  • Representation before various authorities
  • Handling Advance Pricing Agreement (APA) assignments
  • Tax consultancy, advisory and cross-border restructuring
  • Advising on inbound and outbound investments
  • Advising on taxability of foreign companies in India
  • Drafting / vetting of agreements such as International Contracts, Collaboration Agreements, and Shareholder Agreements.
  • International Taxation and Advisory

    International taxation is the study or determination of tax on a person or business subject to the tax laws different countries or the international aspects of an individual country’s tax laws as the case may be. Governments usually limit the scope of their income taxation in some manner territorially provide for offsets to taxation relating to extraterritorial income. The manner of limitation generally takes the form of a territorial, residence-based, or exclusionary system. Some governments have attempted to mitigate the differing limitations of each of these three broad systems by enacting a hybrid system with characteristics of two or more. Such systems of taxation vary widely, and there are no broad general rules. These variations create the potential for double taxation (where the same income is taxed by different countries) and no taxation (where income is not taxed by any country). Income tax systems may impose tax on local income only or on worldwide income. Generally, where worldwide income is taxed, reductions of tax or foreign credits are provided for taxes paid to other jurisdictions. Limits are almost universally imposed on such credits. With any system of taxation, it is possible to shift or recharacterise income in a manner that reduces taxation. Corpansh Business Advisors team helps in recharacterising income in a manner beneficial with respect to international tax and compliance.

    Why Choose Us

    Client Centric Approch

    Client is the key driver of our service offerings Our approach to service offerings is based on a client centric and customized approach Our specialized teams are a mix of technical and industry experience in order to serve clientele for the specific needs.

    Quick Turnaround

    We always endeavour for a quick turnaround time to serve our clientele. We are supported by an experienced and client focussed support teams to otter timely services to our clientele in case of any business exigencies and time sensitive service requirements you can always count on us.

    Team Work

    We have built high performing teams supported by strong work ethic. Our team is a mix of experts, professionals and Support staff from technical and varied academic cultural social and ethnic backgrounds we believe that this diversification plays a vital role in motivating the team into.

    Driving Quality In Delivery

    Our service offerings are driven by quality and reviews at every level we strive to provide a Qualitative and value-added delivery to our clientele At all times, we endeavour to provide exceptional client service by meeting client expectations and driving client satisfaction

    Open Communications

    We believe that open communication is the core principle in order to demonstrate trust, build long lasting and valuable relationships with clientele we are committed to ensuring transparency in communication, service offerings and deliveryWe believe that open communication is the core principle in order to demonstrate trust, build long lasting and valuable relationships with clientele we are committed to ensuring transparency in communication, service offerings and delivery.