Direct Taxation

Corporate tax advisory

It is generally believed that Indian Income-Tax Law offers a hostile reception. Further, with the introduction of concepts such as Indirect transfers, GAAR and others, the Tax challenge is likely to escalate.

We understand the impact of developments in tax and regulatory aspects and strategically use them to the benefit of business activities conducted by you.

Our services include the following:

Corporate & Individual Tax Returns: We assist all assesses (i.e. Individuals, LLP, partnership firms, AOP, BOI etc.) in filing of Income tax Returns.
Tax Audit under Section 44 AB of the Income Tax Act, 1961.
Tax planning, strategies for profit & dividend repatriation and business optimisation strategy for Indian and overseas companies.
Corporate restructuring: We advise clients on corporate restructuring, amalgamation, demerger, slump sale, divestures and other major corporate moves.
Providing opinions on various transactions and provisions of Income Tax Act from domestic law to tax treaty viewpoint.
Advice on structuring remuneration packages for employees and on cost saving opportunities so as to minimise the tax bill in the hands of employees and maximise their take home pay, and also ensure that the entire remuneration is allowed as business expenditure for the employer.
Advance tax calculations and deposit on quarterly basis and deposit of self-assessment tax and tax on regular assessments etc.
Review and applicability of POEM.

Tax Litigation and Representation Services

Tax disputes can be stressful, costly and can take years to resolve. We provide following services:

Representation before Indian tax authorities and various appellate forum such as Commissioner (Appeals), Appellate Tribunals.
Representation before Investigation wing in search and seizure cases.
Representation before The Dispute Resolution Panel (DRP).
Providing strategic guidance for approaching potential tax controversies.
Assistance in preparation and representation of case before High Courts and Supreme Court of India.

Withholding Tax

TDS or withholding tax has become an important compliance for domestic and international withholding taxes. We specialize at consultancy on TDS matters and Withholding Audits. Income Tax provisions belonging to TDS or tax withholding are becoming stringent day by day.

We provide following services in this regard:

E-TDS return filing.
Opinion on Applicability of withholding tax on various foreign remittances as per Indian Income tax Act / DTAA.
Consultancy and certification for making foreign remittances according to the provisions of section 195 of the Income tax Act, 1961 or as per Double Taxation Avoidance agreements (DTAA).

Registration and Other Taxation services

Compliance of Income Tax Act require a wide range of activities, we provide following services to help in other compliances:

Obtaining Permanent Account Number (PAN), Tax Deduction & Collection Account number (TAN).
Obtaining Lower Tax Certificate both for Resident and Non-Resident assesses.
Issuance of certificates u/s 195 required for the Overseas Remittances purposes from time to time.
Compliances for Expatriates in India.

React us at:

Head Office
81, Hemkunt Colony
Opp Nehru Place
New Delhi – 110048

Phone: +91-11-41635599, 41835599
EMail : info@bnbindia.co