| |
|
|
Tax advisory
Our primary expertise deals with advisory in the field of taxation - international and domestic issues. The tax scenario in the
country is consistently undergoing change where we advise the
clients on the impact of various updates and amendments.
Direct Tax
DKS advises on the side of corporate tax planning, structuring and
tax-accounting issues. Innovative and
out-of-the-box solutions are appreciated by our clients.
Further, we also represent the clients before the income tax and
appellate authorities, assist in preparation and filing of income
tax returns, and appeal related matters.
Indirect Tax
Goods and Services Tax (GST) was introduced and implemented in
July 2017. We have assisted the clients in implementation and
transition to GST from the erstwhile Service Tax regime. We
provide specific advisory services along with assistance in filing
tax returns, annual returns and refund applications.
International Tax
DKS has developed its niche practice in the area of international
taxation, advising in the cross-border transactions,
interpretation of the Tax Treaties and corporate restructuring,
thereby providing the most tax effective solutions
for multinational companies. We also assist the various
clients in Transfer Pricing advisory, Country-by-Country
Reporting, preparation and assistance in the Transfer Pricing
Study Reports and filing the returns with the authorities.
Audit and Assurance
Various types of audit services are provided which ensures that
the practices of the businesses are fully compliant and always
within the framework of the respective laws and regulations.
Types of audits that we conduct:
- Statutory audits
- Audit under the provisions of Income-tax Act, 1961
- Forensic audit
- Internal audit
- Concurrent audit
- Information systems audit
Transaction advisory
One of the key areas where the firm has set its focus is
Transactions. We assist our clients in
valuation
and conducting
due diligence
for the specific purpose set out by the client.
Valuation could be prepared for a specific company or business or
an asset or liability as on a specified date and specific
purpose.
Frequent cases where a valuation and due diligence would be
required is as under:
- Purchase or sale transactions
- Financial reporting
- Regulatory requirement
- Financing
Consulting
We advise our clients in the consulting and advisory sector. This
particular practice involves advising the business of the client
in a holistic manner and ensuring a complete ring fencing.
We have advised our clients mainly in the shipping and oil and gas
exploration sector on issues related to:
- Entry strategies
- Business advisory
- Inbound and outbound investments
- MIS reporting
- Analytical review of critical matters
Regulatory matters
We have been advising our clients on the regulatory side, where we
ensure that the clients are always adhering to
the compliances and fulfilling all regulatory requirements.
We assist our clients in advising on the Foreign Exchange
Management Act, 1999 (FEMA), on a proactive basis. A high degree
of significance is given to FEMA because the transactions should
be permissible under FEMA and then only can it pass through. In
case the law does not permit certain transactions, the tax
planning or other such restructuring could be invalid.
Further, since our team comprises of associates and in-house
company secretaries and lawyers, which enables us to ensure that
the clients are compliant with all the necessary requirements and
filings with the respective authorities.
Our key focus areas are:
- FEMA
- Regulatory approvals
- ROC and Company law matters
|
|
|
|
|