We have always believed in offering premium services to our Clients and with over five decades of Tax experience, the team at TSMT is well positioned to offer end to end managed solutions. We bring the latest thinking and experience with an agile approach to address the evolving business landscape.
The Firm is specialised in Indirect Tax matters for over 5 decades spanning Sales Tax, Excise, Service Tax and Goods & Services Tax. The Indirect Tax Practice is headed by Mr. Ritesh Mehta, who is ably assisted by a team of around 50 members, comprising of experienced Chartered Accountants and Tax Professionals. The Firm has had a specific focus on tricky subjects in Taxation such as Works Contract and Leasing. The Indirect Tax Practice of the Firm consists of advisory and compliance services that are modelled to suit the requirements of different industries and diverse sectors.
Tax Advisory
This includes structuring Clients’ businesses to optimize tax benefits, advising global businesses interested in investing in India, issue of Legal Opinions, Risk specific tax management – to identify and minimize the risks associated with business decisions carrying a tax impact
Compliance Services
Assurance
The Firm provides assurance services on tax matters which include compliance audits under GST, verification of records and returns and audits as mandated under the the law
Representation
With the increased complexity in tax laws, businesses find it difficult to balance between their business needs and compliance. With our in-depth knowledge and experience across industries combined with understanding of the changing business needs, We offer a wide range of services and help businesses to:
- Be tax compliant
- Reduce tax risks and litigation
- Plan their taxes and
- At the same time complement their business strategies.
Ms. Kavitha P spearheads the Direct Tax division and is supported by an experienced and well trained team of over 50 Chartered Accountants and Tax Professionals. The Team has diverse experience across industries and specialisation in International and Cross Border Taxation.
Advisory Services
Compliance Management
Increased complexity of tax laws poses challenges in ensuring compliance. With our wide range of experience of over four decades, we have been able to assist individuals to corporates in managing their tax compliance in an effective manner. The Compliance Management offering includes assistance in filing of tax returns, e-tds statements, remittance of advance tax, advice on tax deductions at source, filing of Form 15CA, representation before tax authorities and obtaining lower/ NIL tax deduction certificates.
Tax Litigation Services
Tax litigations in India are increasing day by day and handling litigations requires a holistic approach with deep insights into the tax laws. Our experience ranges from representing before various tax authorities like Assessing Officer, Commissioner of Income Tax (Appeals), Dispute Resolution Panels, Appellate Tribunals, Advance Ruling Authorities. The services also includes advising on the litigation strategy and tax briefing to the Counsels representing before the High Court and Supreme Court.
International Taxation and Cross Border Transactions
The present day businesses have gone global and operate in multiple tax jurisdictions. Our team of expert tax professionals help them to minimise the tax incidence and compliance costs. The services include structuring international transactions, advising on Joint Ventures, Mergers and Acquisitions, Foreign Direct Investments, Overseas direct investments Due Diligence, implications under DTAA and Advisory on withholding tax implications.
Transfer Pricing
India being one of the fastest growing economies, more and more multinational corporations are coming forward to invest in India. We support these entities in structuring their India operations, assisting in Transfer Pricing Documentation, Transfer Pricing Certification and Filing of CBcR.
Expatriate Taxation
Globalization has resulted in an increased number of foreign nationals working in India. We help these foreign nationals to structure their compensation, taxation and to be compliant under local as well as their home Country’s taxation laws
NRI Taxation and Repatriation
Attestation and Certification
Our certification services range from Form 15CB, Transfer Pricing, carrying out tax audits to certifying the Research Spend.
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We Have over 50 Years Of Experience In Accounting & Tax Services