Chahat Garg

• Assisted multinational organizations and globally mobile employees with expatriate tax compliance, including residential status determination under the Income-tax Act, 1961, application of Double Taxation Avoidance Agreements (DTAA), hypothetical tax and tax equalization computations, foreign tax credit (FTC) calculations, payroll tax compliance, and coordination with global engagement teams for seamless cross-border tax delivery.
• Prepared and reviewed Income Tax Returns (ITRs) for Individuals, High Net-worth Individuals (HNIs), Business Trusts, and Foreign Companies, including taxable income computations, advance tax calculations, withholding tax computations, and PAN/Income Tax Clearance Certificate (ITCC) documentation for expatriates and non-residents.
• Assisted in direct tax advisory and litigation matters by supporting scrutiny and reassessment proceedings, drafting submissions, statements of facts, grounds of appeal, paper books, replies to statutory notices, and handling rectification matters while ensuring compliance with applicable tax laws and regulatory requirements.

Worked in the Direct Tax practice, serving domestic and multinational clients across direct tax compliance, global mobility taxation, corporate taxation, tax litigation, and regulatory compliance.

• Assisted multinational organizations and globally mobile employees with expatriate tax compliance by preparing and reviewing Indian income tax returns for inbound and outbound expatriates, determining residential status under the Income-tax Act, 1961, applying Double Taxation Avoidance Agreement (DTAA) provisions, preparing hypothetical tax and tax equalization computations, assisting in foreign tax credit (FTC) and payroll tax compliance, and coordinating with global engagement teams.
• Prepared and reviewed Income Tax Returns (ITRs) for Individuals, High Net-worth Individuals (HNIs), Business Trusts, and Foreign Companies, including taxable income computations, advance tax calculations, withholding tax computations, and PAN/Income Tax Clearance Certificate (ITCC) documentation for expatriates and non-residents.
• Assisted in direct tax litigation and advisory matters by supporting scrutiny assessments, reassessment proceedings, rectification matters, and drafting submissions, statements of facts, grounds of appeal, paper books, and responses to statutory notices.
• Supported regulatory and tax compliance activities by preparing quarterly TDS return data, assisting in filing Statements of Financial Transactions (SFT), and maintaining tax documentation and workpapers to ensure statutory compliance and audit readiness.

Audit & Financial Advisory

Assisted in direct tax, statutory audit, and financial advisory engagements for clients across the banking and corporate sectors.

• Assisted in the statutory audit of Bank of India, performing audit procedures, verification of financial records, and supporting compliance with applicable accounting and regulatory standards.
• Supported direct tax compliance engagements, including tax computations, return preparation, and tax documentation.
• Assisted in debt syndication assignments by preparing financial information, supporting documentation, and coordinating with stakeholders during the transaction process.
• Prepared and reviewed financial schedules, reconciliations, and working papers to support audit and advisory engagements.