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Spectrum Of Our Services
Taxation And Business Advisory Services
In a complex regulatory environment, our tax professionals draw on their technical and industry insight to deliver innovative and leading edge solutions to assist clients in effectively managing business taxation issues. We offer a full portfolio of services addressing state and federal tax related issues for corporate, individuals, HUF, trust, firms, and artificial judicial persons.
As business enterprises enhance their international footprint, it is imperative for them to efficiently manage a dynamic tax environment. To enable your company to address such challenges posed by a rapidly altering business landscape. Churuwala & Associate’s Tax and Business Advisory services offer a wide range of innovative solutions aimed at enhancing your company’s financial and business performance.
Our tax experts work with client’s financial management team in creatively structuring the capital base and business transactions to minimize the client company’s tax exposure.
- Tax Planning
As enterprise globalize, the complexities of tax-related rules and regulations increase manifold. it becomes increasingly important for companies to find a new ways to align their tax strategies with their overall business needs and objective, while also meeting compliance requirements as they arise. Therefore, in today’s global economy, effective tax planning and advice can give your business a competitive advantage.
Churuwala & Associates offers a range of Tax Services, which are designed to offer clients innovative tax planning . Our team of professional recommend optimum tax structures that are completely in line with your business goals and provide tax planning solutions that are unique and minimize tax exposures.
- Direct Taxation
The members of our tax team are well versed in all area of tax legislation across a range of industries. Preparing and reviewing income tax return to comply with all relevant tax laws is a major component of our tax practice. This includes compiling annual income tax returns, advising on representing corporate before assessment and appellate authorities and assisting in briefing counsels and documentations preparations.
- Fringe Benefit Tax
Fringe Benefit Taxation prevalent in many other developed and developing countries has now also been introduced in India. The introduction of Fringe Benefit Tax (‘FBT’) would demand additional compliance requirements by the employer apart from the necessity of capturing the data to ascertain the quantum of employee benefits liable to tax.
It raises a number of concerns relating to structuring of employee remuneration, balancing Human Resources (‘HR’) related issues, capturing of data for computation of FBT liability, looking at the ways of minimizing the impact, mitigating the possibility of double taxation and avoiding the risk of genuine business expenditure from being taxed.
Churuwala & Associates recognizes Fringe Benefit Tax to be an important element of cost for the management, which also has a bearing on the HR policy of an organization. We have therefore assigned a dedicated team of experts whose endeavor would be to provide optimum solutions, which would converge the objectives of the management and the employees. We would not only review existing arrangements, but also analyze the impact of the new regime on your related costs and counsel you on the way forward. Our team will also work with you on the year on year regular compliance relating to payment of advance tax, preparation and filling of return and assessment proceedings.
- Indirect Taxation
Churuwala & Associates has specialized team focusing on indirect Taxes. No matter what your organization’s size, industry or sector, our indirect Tax group provides high quality advice and assistance at both domestic and internationals levels. Our team of professional can help your organizations, to maximize near-term recoveries, minimize lost opportunities and identify liabilities-to enable you to prevent significant penalties and interest in the future. We structure our efforts to fit together with your business issues and strategy. Our focus is on providing practical and business oriented solutions rather than just a list of recommendations. This strongly reflects our ‘Partnership approach’ to address any challenge within your company, at every stage, as a business partner rather than consultants.
Our teams of highly experienced tax professionals are able to review your company’s current tax position and provide relevant tax advice and planning on a range of indirect taxes, while also supporting companies with their administrative obligations and contacts with the administrative bodies. Our specialists extensive industry and consulting knowledge, have wide-ranging technical expertise in resolving complex business problem related to indirect taxes, delivering efficient advice to clients and finding practical and innovative solutions.
The Indirect Tax Group of Churuwala & Associates offers its clients a wide range of Indirect Tax Advisory and compliance Services, including:
- Value Added Tax (Sales Tax, Lease and Works Contract Tax )
- Profession Tax
- Service Tax
- Export-Import Policy Matters
- Mergers and Demergers
Churuwala & Associates helps clients to address critical tax and regulatory issues that are involved in mergers and demergers. Our professional assists client companies to conceptualize mergers and demergers from a tax, regulatory or shareholder’s perspective and undertake the valuation of the entities involved to determine the swap ratio for the merger/demerger.
An objective outlook is core to our approach. To ensure that our clients derive true value through our services and that their needs are well-addressed, we work in partnership with legal advisory groups to implement court processes and also assist client teams with essential documentation whenever necessary.
- Corporate Restructuring
Our team has an in-depth understanding of the domestic regulatory environment as well as the commercial and tax considerations involved in a corporate restructuring exercise to address vital business issues and provide effective solutions. We analyze the client’s business objective that helps us to determine the appropriate tax and accounting treatment.
Our solutions helps to enhance the returns of the new corporate entity while reducing the tax burden, anticipate the impact of deal finanacing, focus on compensation arrangements and the deal structure itself on reported results and address requirement for registering debt and equity issued in the deal. As a part of ensuring implementation of the strategy in an efficient manner, we also extend our support in obtaining related regulatory approvals.
- Litigation Support Services
We help you administer your case from the earliest stages of litigation through trial or alternative dispute resolution. Drawing on our project management experience gain in a large number of complex, high- profile cases, we work closely with the legal and accounting issues at an early stage. A flexible and adaptable business approach has enabled us to build stronger professional relationship with regulatory officials thereby fortifying our implementation capabilities and allowing us to serve our client better and more efficiently
Our professional skills in the area of direct and indirect taxation and commercial laws have made us the preferred advisory and partner for businessman and lawyers alike, who seek assistant on financial and tax issues and in litigation.
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