Direct Tax

We have an experienced team of tax professionals to deal with an increasingly complex body of tax legislation. Our goal is to minimize your business/ personal tax exposure by means of legitimate planning and keeping you aware of the changing requirements of the taxation system in India.
Team at Sawhney & Sawhney can help you out with following services-
  • Tax Minimization & Optimization strategies
  • Advisory on TDS/TCS implications on payments incl. foreign payments, payments to e-commerce platforms & other business payments/receipts
  • Issuance of opinion on complex tax matters
  • Filing of Income tax Returns, TDS returns & other requisite statutory forms in compliance with ICDS
  • Computation of capital gain taxation & strategy for tax saving
  • Assistance in issuance of refunds
  • Tax Assessments before Assessing Officer
  • Representation before tax authorities, CIT(A) & Tribunal
  • Assistance in litigation before High Court & Supreme Court
  • Handling and representation in income tax Search, Seizure and Survey cases
  • Tax effective personnel compensation structuring
  • Certification in context of law or tax department's requirement

With increasingly complex taxation system in India, Business & professional entities have been mandated to get their tax audit done if they cross the turnover threshold provided in the statute. The Tax auditor is required to report if all the provisions of the law have been complied with and that the financial statements prepared are in agreement with the books of accounts. The Income Tax Department relies on the auditor's report to identify mismatch with the Income Tax Returns filed by you and propose additions. Our goal is to provide you with the following to avoid any possibility of such adverse additions:
  • Awareness about the provisions of law,
  • Early & periodical health check-ups to identify gaps
  • Constructive feedback to improve processes

As multinationals across the world look to enter India or transact more actively in India, it is important that India's tax and regulatory policies are well understood for ensuring successful implementation of business plan in India. Similarly, the Indian home grown business houses interested in making outbound investments need to understand an interplay of cross-border taxes and regulations.
Team at Sawhney & Sawhney can help you out with following services-
  • Evaluation of tax treaties to examine taxability and availability of tax treaty relief
  • Tax advisory on Outbound/Inbound investment
  • Assistance in availing tax exemption certificates, low TDS certificate and other approvals
  • Withholding tax advisory; Issuance of Form 15CA/15CB
  • Expatriate advisory services
  • Representation before tax authorities in assessments and appeals
  • Assistance in filing tax returns for NRI/Foreign companies in India
  • Assistance with preparation and filing for applications before the Authority for Advance Ruling

The rising volume and variety of intercompany transactions coupled with detailed enforcement of transfer pricing regulations have made transfer pricing a leading risk management issue for global businesses. In India, the TP adjustments being made focusing on new and more complicated issues have brought to the fore the reality that TP controversies are expensive and time-consuming to deal with and frequently result in double taxation of income, leading to considerable uncertainty. Therefore, our goal in transfer pricing practice is to help companies manage risks by aligning practical transfer pricing solutions with their overall global business operations and objectives, assist with strategic documentation to support their transfer pricing practices, and resolve disputes efficiently.
Team at Sawhney & Sawhney can help you out with following services-
  • Transfer pricing audit and filing of audit report in Form 3CEB
  • Assistance in Local transfer pricing compliance documentation for international transactions and specified domestic transactions including Functional analysis, Comparability analysis, Industry and business overview
  • TP analysis and advice on complex transactions
  • Restructuring of existing business model to build tax/commercial efficiencies
  • Dispute prevention - Advance Pricing agreement
  • Dispute resolution - domestic litigation and mutual agreement procedure
  • Safe harbour applications and audit proceedings
  • Advise on the applicability & documentation of master file and country-by-country (CbC) reporting requirements
 
     
   
 
 
     
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