Taxation law and practice in India is governed by the Income Tax Act, 1961. The Act lays down the rules and regulations for the calculation, payment, and collection of income tax in India. The following are some key features of taxation law in India:

  1. Tax compliance: Our taxation lawyers advise our clients on compliance with various tax laws and regulations. This involves ensuring that clients maintain proper records and books of accounts, file tax returns on time, and respond to tax notices.
  2. Tax planning: Taxation lawyers also advise clients on tax planning strategies that can help them minimize their tax liability. This includes structuring transactions in a tax-efficient manner, availing of tax exemptions and deductions, and utilizing tax incentives and concessions.
  3. Tax disputes: OurtTaxation lawyers represent clients in tax disputes with the tax authorities. This includes challenging tax assessments, appealing against tax orders, and defending clients in tax litigation.
  4. Transfer pricing: Transfer pricing refers to the pricing of goods and services between related parties. Our team advise clients on transfer pricing regulations and assist them in preparing transfer pricing documentation.
  5. Goods and Services Tax (GST): GST is a value-added tax that replaced multiple indirect taxes in India. Our Taxation lawyers advise clients on GST compliance, planning, and disputes.
  6. International taxation: Our Taxation consultants also advise our clients on international tax matters, such as cross-border transactions, foreign investments, and transfer pricing issues.
  7. Corporate tax: We advise our clients on corporate tax matters, such as tax implications of mergers and acquisitions, restructuring, and divestitures. The taxation law and practice in India is a complex area that requires taxpayers to stay updated with the latest regulations and comply with them to avoid penalties and fines.