Providing advisory on applicability of TDS/ TCS (Withholding tax) provisions on a particular transaction as per the provisions of law contained in the Income Tax Act, 1961 read with applicable DTAA and available interpretations, guidance and commentaries
INR 15,000-25,000/man day
Review and understanding the transaction, the objective behind the transaction, review of the GL dump, financial notes, if any, Tax order relevant to the issue, if any, review of the underlying documentation, emails, communication, discussion with management as required, interpretation of the position in law based on judicial guidances/ precedents, circulars, obtaining senior counsel opinion, as desired.
1. Relevant GL dump and financial data. 2. Relevant open or settled litigation details. 3. Any tax advisory, if obtained. 4. Tax returns filed in past. 5. Tax residency certificate and PE status as necessary. 6. Underlying contract/ agreement/ document and supporting calculation, as available.