Tax - India
What the team is known for
Nishith Desai Associates offers a highly regarded practice with significant strength in the tax aspects of corporate transactions. The team is valued by clients for assisting with international and digital taxation. The tax practitioners act for leading clients ranging from major investment management corporations and banks to multinational technology companies. The firm is additionally instructed on high-value, multi-jurisdictional tax disputes. Clients include Athera Venture Partners, Freightify and W Health Ventures.
Strengths
"Nishith Desai Associates have been well suited to handling our service tax and transfer pricing matters."
"They have demonstrated the ability to come up with solutions for complex problems."
Work highlights
Nishith Desai Associates advised US-based firm Gresham Investment Management on the tax structuring aspects of its investment into Indian exchange-traded commodity derivatives and single-stock futures following the SEBI's decision to allow foreign investment in all non-agricultural commodity derivatives.
Notable practitioners
Nishith Desai is based in Mumbai and is a highly experienced practitioner and founding partner of the firm. He is well known for his practice, which covers corporate and tax matters.
Parul Jain heads the firm's international tax practice from its office in New Delhi. She is noted for her expertise in cross-border transactions and group reorganisation strategies, and caters to international clients. "She is exceptional in the Indian and international tax market. She is very responsive and knowledgeable compared to others in the Indian market."