Tax
Asia-Pacific Guide 2024 : India
Band 2
Contact number
022-40791000About
Provided by Trilegal
Our multidisciplinary team offers comprehensive advice on legal aspects of direct and indirect taxation to navigate a complex regulatory regime.
We have a strong tax practice that draws on the expertise of our multidisciplinary team of lawyers. We understand the complex legal aspects of direct and indirect taxation, and specific issues that emanate from an evolving tax environment. Given the interplay of tax law with other regulatory regimes, especially those impacting the commercial aspects of businesses, we advise clients in line with their specific business needs. We regularly advise clients on several direct and indirect taxation areas, such as tax advisory, tax controversy, due diligence, advance pricing agreements, M&As, international tax and transfer pricing structuring and controversies, advance rulings, appeals, and prosecution and litigation.
We work with the tax, finance and legal teams of major domestic and multinational companies on an array of issues, such as structuring foreign investments and joint ventures, tax implications on EPC and tariff-based projects, business transfers, import and export of raw material, capital goods, finished goods and services, and supply chains.
Chambers Review
Trilegal has a broad tax offering, providing tailored advice for key corporate clients in relation to both direct and indirect tax. The tax team's areas of strength include assisting companies with business transfers and transfer pricing, as well as advising on tax aspects of M&A. The practitioners at Trilegal are well placed to advise international entities on regulatory issues in India. The team retains significant experience in handling tax investigations and disputes. Trilegal draws clients from various sectors, including manufacturing, energy, financial services and technology, with examples being Agilon Health, Investment Corporation of Dubai, and the UK Foreign, Commonwealth & Development Office.
Work Highlights
- Trilegal represented Canon before the Income Tax Appellate Tribunal in a case relating to a transfer pricing adjustment made by the income tax authorities on account of alleged excessive spending on advertising, marketing and promotional activities.
Strengths
Provided by Chambers
"They gave us very prompt and clear answers to complex issues."
"They are equipped with technical knowledge and unique ideas for dealing with our matters."
"They gave us very prompt and clear answers to complex issues."
"They are equipped with technical knowledge and unique ideas for dealing with our matters."
Notable Practitioners
Himanshu Sinha in Delhi assists global corporates with tax-efficient structuring of M&A and business reorganisations. He also has significant expertise in direct tax litigious mandates.
Samsuddha Majumder is well liked by clients, with his areas of expertise including GST, customs and excise. He is based in Gurugram.