Income Tax - Domestic and International

We prefer to take a proactive vs. reactive approach to tax services. As Indian economy is transforming into a developed economy, we, by keeping current on new tax laws and legislation, are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they desire throughout the year. Tax services offered include, but are not limited to:-

  • Tax Planning for Individuals and Corporates
  • Return preparation for Individuals, Corporates
  • Tax effects of buying, selling and start up a business
  • Advisory Services for Special Economic Zone (SEZ)
  • Advisory Services for Non-Residents under Foreign Exchange Management Act (FEMA)

1. Advising on

  • Income Tax Planning of Corporates.
  • TDS/TCS/Tax withholding responsibilities
  • Statutory returns E-retruns in respect of TDS/with holding
    • Monthly
    • Quarterly
    • Annual returns
  • Filing Annual Tax Returns of Individuals, Corporates and Others
  • Issuance of Chartered Accountant certificates u/s 195 required for the Overseas Remittances. [Form 15CB Certification]
  • Transfer Pricing Study and related processes including
    • Select the appropriate method of transfer pricing and identify the parties who have been tested with the particular method and conducting a survey.
    • Prepare a consolidated report on the basis of the analysis and document it appropriately.

International Tax

Our early venture into the area of WTO and its set of Agreements helped GSV enter the world of International Practice. GSV has provided other advisory services as well for companies/groups having presence outside India.

GSV has handled the following International assignments since the year 2000:

  1. Antidumping and Countervailing investigations by the South African Board of Tariffs and Trade against Indian Footwear Exporters – Represented the Indian Footwear Industry before the South African Board.
  2. Countervailing Investigations by European Commission against a PET Film manufacturer in India – Represented the Indian exporter before the EC in Brussels
  3. Anti dumping and Countervailing Investigations by Korean and Brazilian Anti dumping authority on PET film exporters in India
  4. Antidumping Sunset Review by Indian Antidumping Authority on Vitrified tile exporter in UAE – Fieldwork in UAE and legal representation before Indian authorities.
    Due Diligence audit for takeover of companies in Oman and Qatar.
  5. Advisory services on Share Disinvestment and Shareholders Agreements in Thailand.
  6. Conference in South Korea to exchange information on impact of Derivative scam in India and Korea.
  7. Due Diligence for takeover of mines in Indonesia by an Indian company – Field work in Indonesia.