We have a proven track record of handling complex assignments representing our clients before the Department. We have a deep understanding of the technical aspects of these assignments and are able to articulate our clients’ positions in a clear and concise manner.
Tax Computation
Tax computation is the process of calculating the amount of tax that an individual or entity owes to the government. The amount of tax owed will depend on a number of factors, including the individual’s or entity’s income, deductions, and tax credits.
In India, the tax computation process is governed by the Income Tax Act, 1961. The Act sets out the different types of taxes that are levied in India, as well as the rules for calculating the amount of tax owed. The tax computation process can be complex, and it is important to ensure that the calculations are correct. AAA tax advisor helps in preparing Income tax returns i.e. in filing Income tax returns with the Tax department. We also help in the payment of self-assessment taxes and advance tax compliance.
Litigation Support
We understand that direct tax litigation can be a complex and time-consuming process. That’s why we offer our clients a personalized approach to their case. We will work with you to understand your specific needs and goals, and we will develop a strategy to achieve those goals.
We have a team of experienced tax professionals who have a deep understanding of the direct tax laws in India. We have successfully represented clients in a wide range of direct tax disputes, including assessment, interpretation, evasion, and refund matters.
Our team of professionals can help you with all aspects of direct tax litigation, including:
Transfer Pricing
Transfer pricing (TP) is a set of rules and methods for determining the prices at which goods and services are transferred between related parties. These rules are designed to ensure that the prices of these transactions are arm’s length, meaning that they are comparable to the prices that would be charged between unrelated parties.
TP is important because it can have a significant impact on the amount of tax that a multinational company (MNC) pays. If the prices of intra-group transactions are not arm’s length, the MNC may be able to shift profits to low-tax jurisdictions, thereby reducing its overall tax liability.
There are a number of different methods that can be used to determine arm’s length prices. The most commonly used methods are the comparable uncontrolled price method (CUP), the resale price method (RPM), and the cost-plus method (CP).
The CUP method compares the price of a transaction between related parties to the price of a similar transaction between unrelated parties. The RPM method compares the resale price of a product to the cost of the product plus a mark-up. The CP method compares the cost of a product to the price at which it is sold. The choice of TP method will depend on the specific facts and circumstances of the transaction.
However, the most important consideration is that the method used must be consistent with the arm’s length principle.
TP is a complex and ever-evolving area of law. MNCs should seek professional advice to ensure that they are complying with the relevant TP rules and regulations.
AAA have a team of experienced professionals who have a deep understanding of the TP rules and regulations
International Taxation
International taxation is a complex area of law that deals with the taxation of cross-border transactions. It is important for businesses that operate in multiple jurisdictions to understand the international tax rules that apply to them.
There are a number of different international tax rules that can apply to cross-border transactions. These rules can vary depending on the countries involved in the transaction, the type of transaction, and the specific facts and circumstances.
Common international tax rules include:
