Direct and Indirect Wealth Taxaxation

India has a well structured tax system wherein power to levy taxes are clearly demarcated by the constitution between the Central Government, the State Governments and local bodies.

Broadly the service areas in Taxation are as under:

• Direct Taxation
• Income Tax
• Wealth Tax

• Indirect Taxation
• Custom Duties
• Central Excise
• Service Tax
• Transfer Pricing

We cover the entire gamut of Indian Taxation, International Taxation, Transfer Pricing Regulations, Service Tax Regulations, Value Added Tax Regulations, Central Excise Regulations, GST transition etc. We also provides specialized services in areas of setting up of business in India, corporate business structuring, transaction advisory etc.

Direct Taxation

We provide practical and pragmatic solutions for multi-national companies, Indian companies, expatriates, Non-Resident and Resident Indians. In this service we are immensely helped by a network of our expert associates and their knowledge of taxation practices and procedures followed worldwide and through regular interaction with the Indian tax authorities.

Direct Taxation Advisory

1. Evolving taxation strategy - Optimizing tax benefits through application of tax incentives, tax holidays and benefits, double tax treaty networks, use of intermediate companies, transfer pricing and other options, comprehensive worldwide tax planning etc.
2. Inbound and outbound investments - Advising on Tax and exchange control regulations planning for investments in India and for Indian business concerns setting operations and having investments abroad.
3. Structuring of employee remuneration – Advising clients on tax effective compensation structuring for their employees.
4. Direct Tax compliance and litigation support
   1. Preparation, review and filing of corporate and non-corporate returns and e-returns.
   2. Withholding Tax (TDS) compliance services
   3. Handling and representation in income tax Search, Seizure and Survey cases.
   4. Appearance before Income Tax authorities.
   5. Representation before judicial authorities in assessments and appeals
   6. Assistance in preparing submissions
   7. Assistance in availing exemption certificates and approvals
   8. Co-ordination with legal counsels
   9. Conducting tax compliance review
5. International Tax Advisory
   1. Advice and assistance in seeking advance rulings from the Authority for Advance Rulings in India on international tax issues.
   2. Withholding tax advisory
   3. Evaluation of tax treaties to examine taxability and availability of tax treaty relief
   4. Expatriate advisory services.
   5. Assistance in obtaining Tax Clearance Certificates
   6. Representation before judicial authorities in assessments and appeals.
   7. Assistance in filing tax returns

Indirect Taxation

We provide practical solutions for a variety of organizations including multi-national corporations, large Indian corporations and small and medium enterprises.In India, some of the significant Indirect Taxation regulations are: Service Tax (ST) regulations Value Added Tax (VAT)/ Central Sales Tax (CST) regulations Goods and Services Tax (GST) regulations Central Excise regulations Custom Regulations Apart from the above, the following regulations are also closely associated with the Indirect Tax authorities and regulations: Special Economic Zone (SEZ) regulations Software Technology Parks of India (STPI) regulations 100 % Export Oriented Units (EOU) regulations Foreign Trade Policy (FTP) regulations A well planned indirect tax strategy is essential for competitive product pricing and ensuring increased profitability. Apurv Relan & Co. has experienced teams focused on various significant indirect taxes including VAT, Service tax and CST. Some of our significant services in the Indirect Tax domain include: Indirect Tax Compliance Audit Services Conducting Compliance Reviews – Critical review of key compliance and documentation aspects governing the various regulations (eg. Service Tax, Central Excise, VAT/CST, Foreign Trade Policy, GST etc). Further, the review can also be extended to cover the internal control aspects in respect of the above regulations in the functions / departments of the organization. The said reviews can be conducted either on a one off basis or on a periodic basis (Concurrent / Monthly / Quarterly / Half Yearly) as per requirements of the Client. Other Services i) Obtaining registrations, Approvals, TIN etc. from various          regulatory authorities ii) Assistance in filing of periodic returns iii) Assisting in filing of refund claims with the authorities iv) Cancellation of registrations, completion of closing assessments and related matters. v) Assisting in the compilation, analysis and representation of the  matters before the Authorities. vi) Preparation of filing of appeals / request for advance rulings etc and representing before the authorities. vii) Any other related compliance matter where assistance is required Indirect Tax Advisory Services Business Structuring strategies – Advising on structuring / re-structuring the business / organization structure with a view to minimize the tax incidence and optimize available benefits as provided under the regulations. Transaction Advisory Services – Advising on structuring / re-structuring of transactions / relationships with a view to achieve the objectives of minimizing of tax and compliance impact.