How SNS Legal Aid Handles Corporate Taxation & Planning?
At SNS Legal Aid, we believe that intelligent tax planning is not about evasion—it’s about efficiency, compliance, and strategic foresight. Our team assists corporates, LLPs, and startups with structured, compliant, and customized tax strategies that help minimize tax liabilities while ensuring full legal compliance under Indian and international tax laws.
We offer transaction-specific tax planning, advise on cross-border taxation, transfer pricing, TDS/TCS compliance, and provide tax litigation support before authorities like the ITAT, CIT(A), and High Courts. We also structure investments, mergers, and foreign inflows with a tax optimization lens.
With ongoing changes in GST and direct tax codes, we keep clients updated and compliant through real-time advisories and regulatory alerts.
Laws and Acts Involved
- Income Tax Act, 1961
- Goods and Services Tax Act, 2017
- Finance Acts (Yearly Amendments)
- FEMA (Foreign Exchange Management Act), 1999
- Double Taxation Avoidance Agreements (DTAA)
- Transfer Pricing Regulations
- Black Money Act, 2015 (for offshore tax compliance)
- Equalisation Levy Rules (for digital transactions)
Services We Provide in Corporate Taxation & Planning
- Direct and indirect tax advisory
- GST registration, filing & litigation
- Tax structuring of business entities and transactions
- Transfer pricing audits & benchmarking
- DTAA advisory for foreign companies and NRI clients
- Advance tax computation and return filing
- Representation before tax authorities & appellate tribunals
- Tax due diligence in M&A and foreign investments
- Withholding tax (TDS/TCS) compliance and advisory
- Tax planning for startups, ESOPs, and exits
Frequently Asked Questions (FAQs)
Chartered Accountants typically focus on filing. We focus on legal structuring, tax risk mitigation, regulatory strategy, and representation in disputes, complementing your CA’s role.
As of FY 2024–25, it ranges from 15% (for new manufacturing companies) to 22% (for existing domestic companies) under special regimes, plus applicable surcharge and cess.
GST is an indirect tax applicable on goods and services. Businesses with turnover above prescribed limits or dealing in inter-state trade must register.
By selecting the right structure, claiming tax holidays under Section 80-IAC, and using input tax credits and ESOP tax deferral benefits where eligible.
Transfer pricing governs pricing between related international parties. Incorrect pricing can lead to penalties, disallowances, and tax reassessments.
Yes, if they have a Permanent Establishment (PE) or earn income from India (royalties, services, dividends), they are taxable as per Indian tax laws and DTAA.
Non-compliance can attract penalties up to 200% of the tax due, interest, prosecution under certain sections, and loss of business reputation.
Only on eligible business-related purchases. Certain goods/services (like catering or personal use expenses) are restricted under the GST law.
TDS (Tax Deducted at Source) ensures advance collection of tax on various payments (salaries, contracts, rent). It’s mandatory under the IT Act.
Absolutely. We handle litigation at all levels—from notices and assessments to appeals before CIT(A), ITAT, and even writs in High Courts.