Tax Services | Psenthamaraikannan

Taxation

Direct Tax:

We assist corporates to deal with the various challenges arising from a complex tax environment. We assist companies across a spectrum of matters relating to applicability of withholding tax, deductibility of any expenditure, availability of exemption or enhanced deduction or tax holiday on any particular source of income or expenditure or investment.

We also assist companies in reducing their Effective Tax Rates within the legal framework and providing them clear guidelines for implementation. We also keep a close eye on decisions of Tribunals and Courts and use such learning into our planning, advisory and compliance services. We also frequently update our clients on any change in the tax regulations or on receipt of any particular judicial decision which could have an impact on the client or the industry.

Indirect Tax:

Providing advisory services on tax positions on various transactions and reviewing business operations and transactions so as to identify risk areas and suggest measures for risk mitigation. Retainership and on-call advisory on day-to-day compliances. Reporting and filing indirect taxes accurately can be a major challenge, and changes to tax laws and accounting standards mean that staying informed and up to date is essential to avoid penalties or overpayments and we make sure it goes hand in hand.

International Tax:

Introduction of international concepts, bringing frequent amendments in the legislation in relation to international transactions with increase in number of tax treaties signed by India with other countries have added significant uncertainties and responsibility on the CFOs and Tax heads. As advisors, we help clients in meeting these new challenges and advise them on the appropriate course of action.