SCOPE
What the work covers
Transaction tax review
Income-tax and GST consequences of proposed transactions.
GST positions
Classification, place of supply, input tax credit and valuation questions.
Income-tax positions
Treatment of income, deductions and transitions under the Income-tax Act, 2025.
Advance rulings
Applications to the GST Authority for Advance Ruling.
International taxation
DTAA matters, withholding on foreign payments and remittance certificates.
FEMA reporting
Reporting of foreign investment and related compliance.
APPROACH
How matters are handled
Advice is given in writing on the facts and documents provided, with the provisions relied upon and the risks of each position. Where a position is contested, the related litigation practice takes the matter forward.
01
Facts
Facts and documents are gathered and confirmed.
02
Analysis
The law, circulars and decisions are examined.
03
Written advice
Options and risks are set out in writing.
04
Implementation
Filings and documentation follow the agreed position.
LAWS AND FORUMS
The legal framework
LAWS
Income-tax Act, 2025 and Income-tax Act, 1961
CGST, Kerala SGST and IGST Acts, 2017
Double taxation avoidance agreements
FEMA, 1999
TYPICAL OUTPUTS
Written opinions
Advance ruling applications
Remittance certificates
Transaction structuring notes
