Direct tax is paid by an individual or organization to the imposing entity. It is a type of tax where the incidence and impact of taxation fall on the same entity.
Taxes are essential for the growth of the nation.
When a multinational corporation looks to invest in the Indian market, being compliant with the complex Indian tax system is crucial. The issues are more complex for people who live out of the country and wish to establish their businesses in India.
At SCK, we understand your complete business monetary flow and devise a practical solution that’s most tax efficient for your business.
Direct Taxation deals with the following:
We at SCK, understand that it is crucial for you to understand the impact of the developments in regulatory and tax requirements on your business. We at SCK, keep ourselves updated with the developments and aim at using that to your advantage. In a competitive landscape, aligning your tax strategy to your business strategy is a critical part of optimizing profit margins. We support you in tax and regulatory planning, ascertaining tax liability, filing returns, advising on TDS compliances, obtaining lower tax deduction certificates, responding to queries raised by the department.
We at SCK have an experienced team, which helps you better understand the challenges from a tax and regulatory perspective and thus, bring focused inputs to every situation. We support you in tax and regulatory planning, tax strategy, litigation support, representations before the tax authorities, compliances and filings.
We at SCK, have been involved with our clients, since the inception of this provision on drafting, implementing and updating its Transfer Pricing Policies. We advise businesses on various issues such as identifying Associate Enterprises, International Transaction, selecting the Most Appropriate Method, ascertaining the Arm’s Length Price, preparing Transfer Pricing Study & other regulatory compliances such as CbCR Reporting etc.
We at SCK, believe that prevention is better than cure. We have been involved in envisaging the probable impacts of a transaction and assisting Management of Businesses take informed decisions. We have advised our clients on various technical issues such as Permanent Establishment, Withholding Taxes, BEPS, Applicability of GAAR , Transfer Pricing , Double Taxation Avoidance Agreements , Fee for Technical Services , Residency Status , Repatriation of funds and various other issues involving Non – Corporate , Corporate & Transfer Pricing matters.
We at SCK, have been defending various technical stands before various Revenue Authorities, over the last two decades. We at SCK, have curated a team having a perfect blend of experience and age. This helps us prepare our defence strategy in the most effective manner. Moot Trial & Understanding of the business are the two pillars to this Service Vertical.
We represent you at Assessment, CIT (A) & Tribunal level for Non- Corporate, Corporate & Transfer Pricing matters. We also represent our clients obtaining Advance Ruling and Assist in preparation and representation of cases before High Courts and the Supreme Court of India.