Tax Services
Tax Services
We ensure smooth business operations by keeping them consistent in the changing world of tax and regulations. We help organizations manage international transactions, reducing their tax costs. Bottom-line-focused companies plan their taxes well for both domestic and overseas profits, understanding that cross-border taxes can sometimes become a cost rather than a charge on profits.
As businesses expand across continents, our tax professionals handle the complex tax requirements worldwide. With our presence in India and the UAE, our expert team provides solutions to apply suitable tax strategies for each cross-border transaction, considering the tax structures in India and globally.
Tax Advisory
At Philip & Prabhu Consulting P Ltd, we offer comprehensive Tax & Legal services to help businesses navigate the complex landscape of tax regulations and legal requirements. As a leading Consulting firm in India and UAE, our team, led by Mr Raja Prabhu, provides expert advice and strategic solutions to ensure your organization remains compliant while optimizing tax efficiency and gaining a competitive edge.Our tax planning strategy starts early, even before international business transactions begin, addressing tax challenges across countries. We offer timely solutions to complex national and international tax issues with our professional expertise.
India's taxation system includes laws, rules, circulars, notifications, case laws, and regulations. The complex tax structure at both state and central levels creates operational challenges. Our comprehensive tax and regulatory services in India include:
Tax Planning & Advisory Services
Our tax experts work closely with you to develop effective tax strategies that align with your business goals. We identify tax-saving opportunities, maximize deductions, and minimize liabilities, helping you optimize your tax position while staying fully compliant with tax laws.
Direct Tax Services: Consulting, Compliance, and Planning
We manage all aspects of income tax compliance, including the preparation and filing of income tax returns for domestic and foreign companies, as well as non-corporates, ensuring accuracy and compliance with relevant tax laws.Our team ensures adherence to the latest tax laws, helping you avoid penalties and maintain a strong financial standing.
Personal Taxation
We provide personalized tax planning and advisory services to individuals, helping you maximize deductions, minimize liabilities, and achieve your financial goals while ensuring compliance with tax laws.
Domestic Corporate Taxation
Our team specializes in domestic corporate taxation, offering expert advice on tax planning, compliance, and strategies to optimize your corporate tax position. We help businesses navigate complex tax regulations and achieve financial efficiency.
Foreign Corporate Taxation
For companies with international operations, we provide comprehensive tax planning and compliance services. Our expertise includes navigating foreign tax laws, optimizing tax positions, and ensuring compliance with international tax regulations.
Domestic Capital Gain Transactions
​We offer specialized tax planning services for domestic capital gain transactions, ensuring you take advantage of tax-saving opportunities and comply with relevant tax laws.
Cross-Border Capital Gain Transactions
Our experts assist with cross-border capital gain transactions, providing strategic advice to minimize tax liabilities and ensure compliance with international tax regulations.
Transfer Pricing: Planning, Documentation, and Compliance
For businesses with cross-border operations, we offer expert guidance on international taxation, including transfer pricing, double taxation treaties, and foreign tax credit planning. Our services ensure that your transfer pricing policies comply with global standards.
Advisory services on DTAA, cross-border investments, and transaction structuring, including expatriate taxation and withholding tax guidance
We offer advisory services on Double Taxation Avoidance Agreements (DTAA), cross-border investments, and transaction structuring. Our expertise includes expatriate taxation and withholding tax guidance, helping you navigate the complexities of international taxation.
Double Taxation Relief and Credits
We help clients navigate the complexities of double taxation relief and credits, ensuring that you take full advantage of available treaties and credits to minimize your overall tax burden.
Representation before Income tax authorities and appellate authorities
Our experienced professionals represent you before tax authorities and appellate authorities, providing strong advocacy and support to resolve tax disputes and issues.
Income Tax Audit Services
Our income tax audit services provide a thorough examination of your tax records to ensure accuracy and compliance with tax regulations. We help identify any discrepancies and provide recommendations for improvement. We conduct Tax audits as mandated under Income Tax act 1961.
Taxation of Trusts, Societies, and NGOs
We provide tailored tax planning and compliance services for trusts, societies, and NGOs, helping these entities navigate the unique tax challenges they face and optimize their tax positions.
Taxation of Non-Corporate Assesses
Our services extend to non-corporate assesses, including individuals, partnerships, and sole proprietorships. We offer comprehensive tax planning and compliance solutions to meet their specific needs.
Indirect Tax Services-GST: Consulting, Compliance, and Planning
Navigating the GST regime can be challenging. We handle the preparation and filing of GST returns for all types of registered dealers, ensuring compliance with GST regulations and timely submissions.
Representation before GST & CUSTOMS tax authorities and appellate authorities
Our experienced professionals represent you before GST and CUSTOMS tax authorities and appellate authorities, providing strong advocacy and support to resolve tax disputes and issues.
Litigation Support for Indirect and Direct Taxes
We offer comprehensive litigation support for both indirect taxes (GST/Customs) and direct taxes, helping you navigate tax disputes and achieve favourable outcomes.
Tax advice for foreign investors and companies
our team provides tailored tax advice for foreign investors and companies, ensuring compliance with local tax laws and optimizing tax positions for cross-border transactions.
Contracts and Agreements:
Our legal team assists in drafting, reviewing, and negotiating contracts and agreements to protect your interests and minimize legal risks (by accessing tax impact) in various business transactions.
At PNPC, we strive to provide value to our clients by structuring both domestic and international transactions in a way that minimizes taxes while adhering to all legal compliances.