Direct Taxation

The Indian Taxation system has undergone several reforms, challenging business nationally and internationally. Managing tax complexity to escalate value of the business is one of the fundamental considerations of major business decisions. Tax services by professionals are required by organizations due to the constant changes in the tax and regulatory environment. Getting clear & correct advice from an experienced income tax consultant in Delhi helps navigate through this complicated subject. We, at SMS & Associates provide expert, effective solutions and guidance addressing both domestic and international tax issues.

Our Taxation vertical offers a wide range of expert innovative services in domestic taxation (direct & indirect) and international taxation that aim at value creation following the best business practices. Our team of expert professionals interacts with clients to evolve tax efficient solutions, while at the same time recognizing that compliance & risk mitigation is a key parameter in any planning.

Direct Taxation: Domestic

Taxation

The Indian Taxation system has undergone several reforms, challenging business nationally and internationally. Managing tax complexity to escalate value of the business is one of the fundamental considerations of major business decisions. Tax services by professionals are required by organizations due to the constant changes in the tax and regulatory environment. Getting clear & correct advice from an experienced income tax consultant in Delhi helps navigate through this complicated subject. We, at SMS & Associates provide expert, effective solutions and guidance addressing both domestic and international tax issues.

Our Taxation vertical offers a wide range of expert innovative services in domestic taxation (direct & indirect) and international taxation that aim at value creation following the best business practices. Our team of expert professionals interacts with clients to evolve tax efficient solutions, while at the same time recognizing that compliance & risk mitigation is a key parameter in any planning.

Direct Taxation: Domestic

Income tax or direct tax is an important part of the Indian tax structure affecting diverse persons including individuals, corporate, partnerships and others. SMS & Associates as an esteemed tax firm in Delhi works as tax consultants & representatives offering the services mentioned below –

  • Representations & Litigation Support including assessments & appeals

  • Direct Tax Planning & Advisory

  • Tax Due Diligence

  • Transaction Structuring

  • Domestic Transfer Pricing

  • Statutory Compliances including under Income Tax

Transfer Pricing and International Taxation

In global environment, tax for organization has become more complex issue with tax incentives, globalization and the upcoming tax code, rules and regulation. We advise corporate to cross the hurdles of international tax operations and reporting. One of the biggest challenges – and greatest areas of opportunity – for a multinational company today is effectively managing local and foreign taxes in a way that aligns with its overall business objectives and operations.

1. Cross Border Taxation
2. Expat taxation/ Inbound – Outbound Tax Advisory Services
3. Transfer Pricing Services

Cross Border Taxation

Assist and provides advice in effectively navigating the myriad of tax, accounting, legal and regulatory, issues in cross-border transitions to help manage compliance risks and potentially enhance returns. Advise on future tax implications in respect of potential acquisition.

1. Consulting on acquisition structures
2. Post-merger integration assistance
3. Support with contract negotiations
4. Advice and assistance in seeking advance rulings from the Authority for Advance Rulings in India on complex international tax issues relating to cross-border transactions

Expat taxation/ Inbound – Outbound Tax Advisory Services

1. Consulting services for employees on delegation/ secondment/ deputation.
2. Consulting services for employees on delegation/ secondment/ deputation.
3. Preparation of the Income Tax Returns for delegates and their family.
4. Advising on compliance’s required to be done for expats.

Transfer Pricing Services

Assistance in implementation of methodologies that are analytically sound, flexible and fully compliant with the transfer pricing regulations.

1. Analysis and review of the concerned industry.
2. Providing detailed analysis on comparables.
3. Dealing with preparation of transfer pricing study.
4. Ensuring compliance to the rules and regulation of the tax authorities’.

Being a specialist tax firm in Delhi SMS & ASSOCIATES specializes in international tax.

It is important that all the taxpayers understand the implications as they explore their opportunities and business decisions. Our income tax consultants in Delhi stay abreast with the frequent changes in the international tax environment providing expert solutions. We offer the following services-

  • DTAA advise on cross-border investment & transaction structuring

  • Representations & Litigation Support

  • International Tax Planning & Advisory

  • International Transfer Pricing

  • Expatriate Tax Advisory & Compliance services

  • Statutory Compliances