There is no time like now for effective corporate tax advice. The professionals at Octagona India provide the alternatives you seek and will achieve the most efficient results for your tax planning needs. Our clients, which are both Indian businesses and multinationals, face a wide range of challenges dealing with domestic and international tax laws. Effective tax advice, innovative planning to reduce the tax burden you confront and enhancing your company's financial performance is our focus. As the advisor of choice for a growing number of privately run and public companies, clients recognise that our research, our case development and our undeniable expertise, makes for pervasive and refreshing solutions. Whether it is to deal with the complex decisions surrounding a transaction, a restructuring, the impact of rapidly changing tax legislation, indirect tax compliance or simply managing corporate income and capital taxes, Octagona India has the experience necessary to help you optimize your tax position.
Our team will guide you through possible options related to tax obligations and what steps to take to comply with local rules:
Specific tax filings and advisory services for Indian companies, foreign companies and multinational groups.
Computation of taxable income, choice of tax regime and filing of ITR-6 for Indian companies, including subsidiaries of foreign groups.
Tax returns for foreign companies with Indian-source income, such as royalties, fees for technical services or a permanent establishment, applying DTAA benefits where available.
Tax audit under Section 44AB and preparation of the audit report and Form 3CD by a practising chartered accountant.
Replies to income tax and GST notices, representation during assessments and appeals, with close tracking of every deadline.
Transfer pricing documentation with functional and economic analysis and benchmarking, supporting arm's-length pricing of your intra-group transactions.
Certification of international and specified domestic transactions in Form 3CEB, filed on time to avoid penalties.
Filing master file information in Form 3CEAA, and the Form 3CEAB intimation where applicable, for entities of international groups.
Helping foreign recipients file Form 10F on the income tax portal with their Tax Residency Certificate, so DTAA rates can be applied.
Applications for lower or nil tax deduction certificates under Section 197, so excess tax is not withheld on payments to you.
Annual filing of the Letter of Undertaking (Form RFD-11), so goods and services can be exported without paying IGST.
Need help with any of these services? Talk to our team in India.
Transfer pricing rules require transactions between your Indian company and its foreign group entities, such as purchases, services, royalties or loans, to be priced at arm's length. If your subsidiary has such transactions, it must keep TP documentation and file Form 3CEB every year.
Form 3CEB is due one month before the income tax return due date, which for most companies with international transactions means 31 October.
Under Section 197 you can apply to the tax department for a certificate that lets payers deduct tax at a lower or nil rate. It helps when normal TDS would be higher than your actual tax liability.
To claim a lower rate under a Double Taxation Avoidance Agreement, a non-resident must give the Indian payer a Tax Residency Certificate and file Form 10F electronically on the income tax portal.
Yes. We review the notice, prepare the reply and supporting documents, and represent you before the tax authorities during assessments and appeals.