Income Tax Law

About Income Tax Law:

Preach Law LLP is one of the leading and fast growing Taxation Law Firms in Delhi-NCR, India. The taxation team at Preach Law LLP provides assistance in all matters related to tax while doing business in India or in case of doing business with India. The taxation team consists of tax advisors, chartered accountants, and lawyers who are experts in areas of tax planning, legal review and litigation in tax matters.

We are one of the leading taxation law firms in India. We, at Preach Law LLP provide assistance and comprehensive advice on Indirect Taxes viz., Customs Duty, Excise Duty, Sales Tax/Value Added Tax, Entry Tax, Service Tax, etc. We advise our clients in matters of taxation laws and add value to their business and transactions. Our tax attorneys and consultants have a great deal of experience in varied range of tax issues, from complicated cross-border transactions to tax exemption qualification.

We provide our services in the areas of Direct Taxes, Indirect Taxes and International Trade. The services are detailed as below:

a) Direct Taxes:

• ● International Taxation - Double Taxation Avoidance, Inbound Investments, Planning of Intellectual Property Rights etc.
• ● Expatriate Taxation - Understanding the Indian Tax System, Consultancy before or after arrival in India, Consultancy when you are leaving India, other matters requiring consideration, etc.
• ● Corporate Taxation - ICDS Compliance, protection under Double Taxation Avoidance Agreement, Taxation under Startup, Filing Return, etc.
• ● Transfer Pricing - Consultancy with regards to Applicability & Regulation compliances, TP Study report, TP Appeals, etc.

b) Indirect Taxes:

• ● Customs - FEMA, Import Compliances, Exemptions, Custom Valuation, etc.
• ● Service Tax - Consultancy regarding Applicability, registration, periodical compliances, Preventive Matters, etc.
• ● Value Added Tax (VAT) & CST - Opinion on applicability, registration, periodical compliances, Annual Assessment, Audit, etc.
• ● Excise - Applicability, registration, periodical compliances, Legal compliances, Audit, etc.

c) Goods and Services Tax (GST) - Impact Analysis of GST, Due Diligence, Sector Specific Structuring, etc.

d) International Trade and Measures:

• ● Anti-Dumping
• ● Countervailing

• ● Transaction Structuring
• ● Compliance Management Solutions
• ● Validation of Tax Computations
• ● Tax Advocacy
• ● Contractual Negotiations

Our services

We represent our clients before Government Taxation Authorities, Appellate Authorities, High Courts, the Supreme Court of India and other Tribunals. We also represent our clients before the Director General of Foreign Trade, Department of Revenue, Central Board of Excise and Customs and other appropriate authorities.

The team advises and assists clients on:

• ● Assisting clients on Double Taxation Avoidance Treaties (DTAA), tax holidays available to 100% Export Oriented Units, Special Economic Zones (SEZ), and Foreign Trade Zone (FTZ).
• ● In matters relating to tax aspects of commercial transactions, sales, mergers and acquisitions, restructuring and reconstruction.
• ● Advising on offshore tax issues, Value Added Tax (VAT), service tax, Customs procedures, import, and export levies, valuation planning, classification, warehousing, duty entitlements etc.
• ● We assisting on a wide range of issues relating to Service tax on cross-border transactions.
• ● Assisting clients with documentation relating joint ventures, mergers, asset purchase agreements, shareholder’s agreements, and documents relating to financing and employment.
• ● Advising on issues relating to entry tax, excise duty implications, and CENVAT.
• ● Assisting foreign companies seeking to distribute their products in India to ascertain customs, countervailing and other duties applicable on their products.
• ● Advise on Transfer Pricing.
• ● Advise clients Advance Tax Rulings in respect of a Transaction.
• ● Handling Litigations with regard to excise, customs, service tax, sales tax.