Taxation Advisory

The world around us has changed dramatically in recent years, with geopolitical shifts and technological innovation; globalization, on the one hand, and protectionism, on the other; various tax reforms and regulatory change; new business and consumer demands and the emergence of previously unseen types of business models. These shifts and the resulting complexities and pressures are felt even more acutely in the wake of COVID-19.

As a tax leader operating in this new reality, you are expected to be not only a technical specialist, but also a brand ambassador and trusted advisor to your business and board as you work to protect the organization, boost performance, drive digital transformation and contribute to the sustainability goals of the organization.

At Ambit Collective, we start by asking better questions: questions that challenge, inspire and unlock new answers to some of today’s most pressing challenges.

We believe that every tax return, every consulting opportunity, and every interaction with a client or colleague should help us deliver beyond expectations. Fulfilling our purpose starts by asking better questions, because the better the question, the better the answer. These better answers help our clients operate more efficiently, manage risk, foster growth and inspire confidence, which, ultimately, leads to delivering beyond expectations.

Taxation Advisory Services in India

Transaction & Tax Structuring

  • Transaction and Tax planning
  • Structuring business transactions
  • Group restructuring, Promoter holding restructuring
  • Financial Re-structuring
  • Strategizing, identifying targets, evaluation, negotiation, due diligence and post-deal integration
  • Advising on structuring the transaction which also includes optimizing the tax cost and ensuring its compliance with regulatory.
  • Undertaking implementation of the transaction (i.e. scheme of arrangement as per Companies Act, preparation of legal documents, etc.)
Direct Taxation
  • Tax and regulatory registrations
  • Tax Advisory on complex issues
  • Diagnostic Reviews/ Tax health check
  • Compliances including corporate tax return, refunds, advance tax computation, withholding tax compliances, lower withholding tax certificates etc.
  • Representation for Assessment and other work related to tax department
  • Litigation Services including appeal before CIT(A) & ITAT and tax counsel’s consultation for High Court and Supreme Court matters
Indirect Taxation
  • Indirect Tax Structuring and Planning
  • Advisory Services for Tax exemption, concessions and/or refunds
  • Representational Services
    • Drafting of reply to SCN/ Appeals
    • Appearing before all adjudicating authorities and the Tribunal
    • Represent before Advance Ruling Authorities for specific issues
    • Represent before Special Valuation Bench for valuation of goods imported from related parties
  • Comprehensive Health Check/ Reviews of indirect taxes and export benefits
  • Due Diligence Review
  • GST Compliance and Audit Services
  • Refund Support Services (GST)
  • Special Valuation Branch (SVB)
Personal Tax
  • Filing of Income-tax returns of resident and non-resident individuals
  • Income Tax Consulting services for Non-Resident Indians (NRI) and expats
  • Personal Finance Planning
  • Insurance and pension planning
  • Estate and gift tax planning