Domestic Taxation – Atharv Advisors

India’s taxation is perceived to be one of the most complex pieces of legislation in India and regular amendments with conflicting judicial views only add to the complexities. ‘Tax’ has attained a dominant seat in the management discussions, driving the reputation of the corporations globally. We keep abreast of all such changes made in tax laws, so as to provide practical solutions backed by our in-depth technical research and experience to withstand the test of public scrutiny. Our experience dealing with diversified clients enable us to provide valuable insights of the industry tax issues with customized solutions and puts us in a better place to advise our clients and manage their tax obligations proactively. We offer a full gamut of services to multinationals, domestic corporations and individuals in designing, implementing and defending their overall tax strategy.

Advisory
- Advising corporates in optimization of tax costs and suggesting solutions to industry-specific tax issues backed with in-depth research, analysis and judicial views
- Management consulting services for start-up and business houses looking for expansion. This includes advisory on ideal entity structure, applicable government incentives, assistance in preparation of business plan and feasibility study, etc.
- Advising on complex tax issues involving anti-avoidance rules like GAAR, interest limitation rules, deemed dividends, gift tax, etc.
- Providing solutions for issues concerning various aspect of business activities including tax incentives planning, entry strategy, holding company analysis, cash repatriation strategies, inbound-outbound investments, etc.
- Advising on conceptualization, drafting and implementation of stock option plans for employee compensation
Compliances
In the recent times, there has been increasing trend of outsourcing of accounting and tax functions by business houses to focus on core operations and better risk management. We assist clients with all aspects of the compliance function. This may include reviewing of internal tax compliance functions or a completely outsourced compliances model. Our services include:
- Preparation and filing of tax returns, withholding tax returns, advance tax computations, and related tax filings thereto.
- Health check of tax compliances / disclosures and identifying areas for improving tax efficiency and raising red flags, where required, thereby managing overall tax risks
- Obtaining certificates and approvals from the tax authorities viz. lower withholding certificates, tax clearance certificates, charity registrations, start-up registrations, registrations for incentives, etc.
- On-call business advisory on routine tax and compliance queries
- Conducting customized training workshops for tax functions of the corporations
Representation
- Representation before tax authorities for assessments and appeals before CIT(A) and Tribunal. This shall include preparing strategy and technical support for developing the course of action for faster resolution of disputes
- Representation before tax authorities for assessments and appeals before CIT(A) and Tribunal. This shall include preparing strategy and technical support for developing the course of action for faster resolution of disputes
- Advice on strategy for High Court and Supreme Court appeal and provide end-to-end support with representation
- Liaising with tax department for proceedings like revision, rectification, tax recovery, stay of demand and refund matters for faster outcomes
- Assistance in alternate dispute resolution mechanisms – DRP, Advance Ruling, APAs, MAP
- Assistance in industry representations before various forums and government authorities

Jatin Banka

jatin.banka@atharvadvisors.in
+91 99745 999888

Jatin has over 8 years of experience in advising clients on tax and regulatory domain. Prior to co-founding Atharv Advisors, he was associated with Dhruva Advisors, a boutique tax and regulatory consulting firm in India, EY and KPMG, one the largest global accounting firms.

Experience
- He has rich experience in advising on complex corporate and international tax issues, structuring cross-border investments, advice on tax incentives, due diligence and handled tax litigations across all forums.
- Jatin caters to clients across industries ranging from Manufacturing, Pharmaceuticals, Chemicals, Automobiles, Technology, Start-ups and owner managed, entrepreneurial businesses, including SMEs.
Education
- Chartered Accountant with All India 37th Rank
- Diploma in International Taxation from the Institute of Chartered Accountants of India (ICAI)
- Bachelor of Commerce from Ahmedabad University
Others
- He is the member of Direct Tax & International Tax Committee of Ahmedabad Branch of WIRC of ICAI.
- He serves as Committee Member at Chartered Accountant Association Ahmedabad.

Jalaj Banka

jalaj.banka@atharvadvisors.in
+91 96875 56661

Jalaj has over 9 years of experience in advising clients on tax and regulatory domain. Prior to co-founding Atharv Advisors, he was associated with Aurtus Consulting and Dhruva Advisors, which are one of leading boutique tax and regulatory consulting firms in India.

Experience
- He has worked on numerous corporate reorganizations, regulatory issues, and tax litigation matters. His area of expertise also includes devising family succession structures, advising on domestic / international tax issues and structures for inbound and outbound investments.
- Jalaj caters to clients across industries ranging from Manufacturing, Textile, Chemicals, Technology, Start-ups.
- He has authored several books and articles on professional subjects like international taxation, BEPS, and estate and succession planning.
Education
- Chartered Accountant
- Diploma in International Taxation from the Institute of Chartered Accountants of India (ICAI)
- Diploma in International Financial Reporting from ACCA
- Bachelor of Commerce from Ahmedabad University

Snehal Sukhadia

snehal.sukhadia@atharvadvisors.in
+91 82869 40570

Snehal has over 10 years of experience in advising clients on tax, transfer pricing and regulatory domain. Prior to co-founding Atharv Advisors, he was associated with EY and PwC, one the largest global accounting firms.

Experience
- He has rich experience in advising on complex corporate and international tax and transfer pricing issues, and personal tax issues and handled tax litigations across all forums. His area of expertise also includes representing the client.
- He has also worked on structuring of tax of efficient supply chain management for many large clients. He has also assisted clients in automation of their tax processes by integrating the ERP with various technologies.
- Snehal caters to clients across industries ranging from Manufacturing, Pharmaceuticals, Chemicals, Technology, Start-ups and owner managed, entrepreneurial businesses, including SMEs.
- He is a regular contributor of several articles on tax and transfer pricing subjects at Institute of Chartered Accountants of India (ICAI).
Education
- Chartered Accountant
- Advanced Diploma in International Taxation from CIOT, UK
- Bachelor of Law from Gujarat University
- Master of Commerce from Gujarat University