Taxation

I. Income Tax Services (Income Tax, Corporate Tax, etc.):

Transfer Pricing: Providing support for inter-company transactions for multinational organizations, including documentation, risk assessment, planning, and managing transfer pricing controversy.
Tax Due Diligence: Assessing tax and regulatory risks and opportunities during business transactions.
Advising on specific tax issues: This can include capital gains tax, TDS (Tax Deducted at Source), TCS (Tax Collected at Source), etc.

Understanding and Analyzing Notices: Consultants meticulously review tax notices (e.g., scrutiny notices, reassessment notices, show cause notices, audit notices) to understand the nature of the query, the specific sections of law invoked, and the information/explanation required.
Drafting and Filing Replies/Submissions: This involves preparing detailed, legally sound, and factually accurate responses to tax authorities. These submissions include:

Statement of Facts: Clearly outlining the client's business, transactions, and relevant background.
Legal Arguments:M Citing relevant sections of the Income Tax Act, GST laws, rules, circulars, notifications, and judicial precedents to support the client's position.
Documentary Evidence: Collating and presenting all necessary documents, such as financial statements, invoices, contracts, bank statements, and other supporting records.
Computation of Income/Tax: Providing revised or clarified computations if required.

Regular Assessments (Section 143(3) of Income Tax Act): Assisting with the normal assessment process.
Reassessments (Section 147): Addressing cases where income is believed to have escaped assessment.
Search and Seizure Assessments: Providing support and representation in cases involving raids or investigations by the tax department.
TDS/TCS Assessments: Handling disputes related to tax deducted/collected at source.

Transfer Pricing Assessments: Specific representation for multinational companies regarding their inter-company transactions.
GST Audit and Assessment: Assisting with audits conducted by GST authorities and responding to assessment proceedings under GST law.
Investigation Matters: Support in cases related to undisclosed foreign income and assets (Black Money Act), suspicious transaction reports (STRs), Benami transactions, and Prevention of Money Laundering Act (PMLA) proceedings as they relate to tax.
Faceless Assessments/Appeals (e-Assessments/e-Appeals): Preparing and filing submissions and participating in virtual hearings through the online portals.

Filing Form 35 (Memorandum of Appeal) along with detailed grounds of appeal and statement of facts.
Preparing comprehensive submissions addressing the points raised in the assessment order.
Representing the client during the appeal hearings before the CIT(A)/JCIT(A).
Advising on the payment of pre-deposit (usually 20% of the disputed demand) to stay the demand.

Filing Form GST APL-01 (Appeal to Appellate Authority) online, along with supporting documents.
Preparing and submitting detailed arguments against the demand order or other adverse decisions.
Ensuring mandatory pre-deposit (typically 10% of the disputed tax amount) is made before filing.
Representing the client in hearings before the GST Appellate Authority.

Filing Form 36 (Memorandum of Appeal) against the order of CIT(A).
Preparing and presenting highly technical and legal arguments before the ITAT benches (which usually consist of a Judicial Member and an Accountant Member).
Dealing with complex legal and factual issues.
Advising on strategies for admitting additional evidence if necessary (with conditions).

Assisting in drafting and filing appeals (usually writ petitions or appeals under Section 260A of the Income Tax Act or similar provisions in GST) against orders of the ITAT/GSTAT, specifically on "substantial questions of law."
Collaborating with senior counsels/advocates for representation.
Providing factual and legal briefing support to the legal team.