Direct Taxation Services for Startups

Navigating the complexities of direct taxation can be challenging, especially for startups. Our services are designed to help you efficiently manage and optimize your tax obligations while focusing on your core business activities.

1. Corporate Tax Advisory

Startups face unique tax challenges in India, including evolving regulations and compliance requirements. Our advisory services include:

• Corporate & Individual Tax Returns: Assistance with filing income tax returns for all types of entities, including individuals, LLPs, partnership firms, AOPs, and BOIs.
• Tax Audit Services: Conducting tax audits as per Section 44 AB of the Income Tax Act, 1961.
• Tax Planning and Optimization: Developing strategies for profit repatriation, dividend distribution, and business optimization for both Indian and international operations.
• Corporate Restructuring: Guidance on restructuring, including amalgamation, demerger, slump sale, and divestments.
• Transaction and Tax Provisions Advice: Offering insights on transactions and provisions from both domestic law and tax treaty perspectives.
• Employee Remuneration Structuring: Advising on remuneration packages to minimize employee tax liabilities while maximizing take-home pay and ensuring business expense deductions.
• Advance and Self-Assessment Tax: Calculation and deposit of advance tax, self-assessment tax, and other regular tax obligations.
• Review of POEM (Place of Effective Management): Assessing the applicability of POEM for your business.

2. Tax Litigation and Representation

If you encounter tax disputes, we offer support to resolve them effectively:

• Representation: Acting on your behalf before Indian tax authorities, appellate forums (such as Commissioner (Appeals) and Appellate Tribunals), and in search and seizure cases.
• Dispute Resolution Panel (DRP): Representing and providing strategic guidance in disputes with the DRP.
• High Court and Supreme Court Representation: Assisting with preparation and representation in higher courts if necessary.

3. Withholding Tax Services

Withholding tax compliance is critical for both domestic and international transactions. We offer:

• E-TDS Return Filing: Efficient filing of electronic TDS returns.
• Withholding Tax Opinion: Providing advice on the applicability of withholding tax on foreign remittances as per Indian Income Tax Act and Double Taxation Avoidance Agreements (DTAA).
• Consultancy for Foreign Remittances: Guidance and certification for remittances under section 195 of the Income Tax Act or DTAA provisions.

4. Registration and Other Taxation Services

We assist with various compliance requirements, including:

• PAN and TAN Registration: Obtaining Permanent Account Number (PAN) and Tax Deduction & Collection Account Number (TAN).
• Lower Tax Certificates: Securing lower tax certificates for both resident and non-resident assesses.
• Certificates for Overseas Remittances: Issuing necessary certificates under section 195 for foreign remittances.
• Expatriate Compliance: Ensuring compliance with tax regulations for expatriates working in India.

5. International Tax Services

For startups dealing with international operations, our expert team provides:

• Transfer Pricing Compliance: Assistance with transfer pricing benchmarking, policy analysis, and documentation.
• Form 3CEB Filing: Preparation and filing of Form 3CEB.
• Transfer Pricing Audit Support: Helping with audits and providing related advisory services.

We offer tailored solutions to ensure your startup efficiently handles its tax obligations and optimizes its financial performance.