Tax - India
What the team is known for
Majmudar & Partners has a respected team known for taking on a range of advisory, transactional and contentious work, including advising on multi-jurisdictional matters. The firm is especially active on the tax elements of corporate transactions, tax planning and assistance with regulations. The practice also offers expertise in GST. The tax practice often assists US investors with market entry and permanent establishment issues. Clients include Abington Reldan Metals, Equisoft and DLA Piper Hong Kong.
Strengths
"The firm had a deep bench of subject matter experts available to handle all aspects of our transaction."
"Majmudar & Partners provided us with an answer tailored to our needs, taking into account our complex structure, challenges, etc."
Work highlights
The tax team at Majmudar & Partners assisted CFRA Research in reviewing its Indian transaction structure and Indian tax implications such as tax withholding, capital gains tax and stamp duty.
Notable practitioners
Ravishankar Raghavan in Mumbai is well regarded for advising foreign companies on the tax aspects of transactions, restructuring and operations in India. "We are very satisfied with the services provided by Ravi. He was quick to respond, detailed but concise, precise and went the extra mile."
Akil Hirani in Mumbai is managing partner of the firm and has notable expertise in advising corporates on tax issues. His work includes permanent establishment, restructuring and transfer pricing-related instructions. "It was great working with him. He was very matter-of-fact and clear about the legality of things."