Taxation being a highly specialized area requires skills relating to tax planning, documentation and representations. Indian Taxation environment is ever changing and can be challenging for any business. Our main focus is to identify opportunities for our clients that can help them to manage their affairs in the most tax efficient manner. The firm provides end-to-end tax planning, tax consultancy services including international tax planning, fringe benefit tax consultancy,property tax planning,strategic tax planning,personal investment planning for Indian Resident Individuals and Non-Residents.

Tax Support and Consultancy Services

Taxation services involve computation, payments and representation on behalf of the clients with Indian Tax Authorities. At LnCo. we provide comprehensive tax support and consultancy services in the areas like

Direct Taxes

  • Income Tax
  • Corporate Tax
  • Wealth Tax

Indirect Taxes

  • Sales Tax
  • VAT
  • Customs Duty & Excise
  • Service Tax

Personal Taxation Services

The constantly changing tax legislation and complex domicile status issues have made it essential for high net worth individuals, owner-managers of businesses, corporate directors and executives to seek expert personal tax advice

We at LnCo offer personal tax planning, tax compliance and advisory services covering the following:

  • Personal Tax Consulting
  • Personal Tax Compliance Compiling and filing of Tax returns
  • Review and assistance in advance tax computations
  • Representation before Tax authorities in connection with tax assessments, refunds or other matters
  • Support in getting various tax registrations including Permanent Account Number (PAN)
  • Management of tax records in Soft and Hard forms
  • Advise on tax issues like capital gains/ loans/ Investments etc.

Tax Services for Corporate Clients

We at LnCo specialize in Undertaking Direct tax support services for Multinational corporate clients. With our functional Knowledge of ERP (SAP/ CODA/ Oracle etc.) environment, these services may be provided at the clients place or at our own offices and may be suitably customized as per the requirements of each client. The services provided include the following:

  • Tax reporting on defined frequencies i.e. monthly quarterly, annually to Parent Company as per their formats
  • Risk Assessment
  • Compilation of Various details for Tax Assessment purposes (Scrutiny, Appellate level) for Income tax and Transfer pricing
  • Tax representations before Assessing officers in connection with tax assessments including transfer pricing
  • Discussions with senior councils for appellate and other important matters
  • Coordination with the Internal Accounting department of the company for tax related support and tax account reconciliation

Tax Compliance

We undertake Regulatory compliance viz. statutory returns and documents preparations, compilations and e-filings with the revenue authorities including the following:

  • Tax Audits as per the provisions of the Indian Tax Laws
  • Preparation and Review of corporate tax returns to ensure compliance with the Income Tax Act, 1961 and the various judicial pronouncements
  • Preparation and Review of the withholding tax (TDS) returns as per the provisions of the Income Tax Act
  • Seeking Advance Rulings

Foreign Remittance Certifications

We undertake consultancy and Certification services needed for making foreign remittances following the provisions of section 195 of the Income tax Act, 1961 or Double Taxation Avoidance agreements (DTAA) as per the guidelines of Reserve Bank of India. The services under this category broadly include the following

  • Advising on the applicability of withholding tax on various foreign remittances as per Indian Income tax Act / DTAA.
  • Issuing Foreign Remittance Certificates under the various provisions of the Income Tax Act, 1961.
  • Royalty and Technical know-how workings as per Reserve Bank of India guidelines and formats and withholding tax certification on such remittances.
  • Seeking certificates from the International taxation department for non/lower deduction of tax at source.
  • Other documentation and remittance support and dealing with authorized dealers in connection with foreign remittances.
Go to top of page