DIRECT TAXATION & INTERNATIONAL TAXATION
Our team of experts assists businesses on various tax matters at every stage of the business lifecycle, thereby enabling them to explore and make the most out of the opportunities. Our specialist teams provide a holistic and the most tax-effective services to large multinational companies, mid-size businesses, high net worth individuals and entrepreneurs looking to grow their business. Our goal is to minimise your business and personal tax exposure by means of legitimate planning and keeping you aware of the changing requirements of the taxation system in the country and abroad. Whether you are growing , just starting out or in multiple jurisdictions we can offer the holistic tax advice you need.
1 CORPORATE / LLP / INDIVIDUAL / HUF / PARTNERSHIP TAX COMPLIANCE & PLANNING
Our team helps organizations and individual plan taxes by recognizing income and all transactions that result in tax liabilities in the end of the year. This ensures that clients can take necessary steps which minimize tax consequences and ensure that tax surprises can be avoided.
Our tax compliance team assists in the filing of taxes and tax returns meeting the deadlines announced by tax authorities. Our experts are well-versed in tax laws and are aware of the rules and regulations that oversee taxation for individuals and businesses.
Our litigation services include assisting the organization in creating a strategy for tax litigation. We also help businesses identify issues which should be litigated and those where it is more advantageous to concede.
NSKT and Co LLP also helps organizations look at various alternatives to solving tax disputes. We assist companies in:
- Preparing and representing appeals or petitions
- Supporting establishments in drafting and presenting applications to the authorities as required by the tax treaties
- Assistance in representations of clients before the CIT (A), DRP and Income Tax Appellate Tribunal
- Supporting clients in drafting and presenting applications for Mutual Agreement Procedure
- Identifying alternative means of resolving disputes
3 TRANSFER PRICING
Transfer pricing helps in minimizing tax avoidance in situations where businesses or individuals may conduct international transactions or Specified Domestic Transactions. We provide our services as analysts to ensure that the business complies with the transfer pricing law, and as consultants to help businesses choose the right methods and procedures to stay compliant. This includes representation services for transfer pricing cases before the transfer pricing officer or the Appellate Authorities.
4 EXPAT TAXATION
Expatriates often face the problem of understanding taxation and how to be compliant to the tax laws. They must have a clear understanding of the laws applicable for them and they should also know about the consequences which they may have to face in the event of non-compliance.
Our team of experts help expats by advising them on all tax matters, preparing and computing their income and taxes, preparing and submitting income tax returns on their behalf, and obtaining income-tax clearance.
5 DOUBLE TAX AVOIDANCE ADVISORY
Through our Double Tax Avoidance Advisory services we help clients avoid double taxation in all transactions that they conduct in India and the other country. By using our knowledge of the applicable laws, we help businesses and individuals take advantage of rebates, deductions and exemptions and also help them claim foreign tax credit where applicable on dual income returns.
This helps individuals and businesses increase tax efficiency and it also ensures that the taxpayers are compliant to existing tax laws that govern both the countries.