Yashaswini M

Tax and Regulatory advisory.

• Evaluating and implementing tax-efficient integration of Indian entities pursuant to global amalgamation.
• Analysis of Permanent Establishment exposure in India and review of agreements.
• Evaluating direct and indirect tax implications for an Indian entity in a proposed cross-border transaction in the source jurisdiction overseas based on secondary research.
• Analysis of tax-efficient options post Supreme Court ruling on most-favored-nation clause.
• Evaluation of Principle Purpose Test and treaty eligibility.
• Regular business advisory - Evaluation of withholding tax implications under the Income-tax Act, 1961 and tax treaties, retrospective amendments, Section 10A deduction.
• Evaluating various repatriation options.
• Analyzing regulatory implications for leading PPI entity in India, exploring feasible solutions and exploring feasible solutions.
• Coordinating with EY internal team in indirect tax advisory for the leading PPI entity in India.
• Advising clients on company law matters, including capital reduction and buyback, various regulatory matters, i.e., company law and exchange regulations.

Litigation

• Represented corporates before income tax authorities (AO, CIT(A)) at various levels and obtained favorable orders, including preparation of AO submissions, DRP applications, and drafting appeal documents.
• Assisted Senior Counsel in tribunal hearings.
• Successfully obtained OGEs and rectification orders with huge tax refunds for corporates within strict, short timelines.

Tax and Regulatory Compliance.

• Lead the preparation, review, and filing of corporate tax returns, tax audit report, and expatriate tax returns, as well as other online compliances such as TDS compliances, processes, and assistance in TDS litigation across levels, and obtained favorable orders.
• Advised on compliances related to company law and FEMA, specifically with respect to PPI, FEMA, and FDI.

• Review of expatriate tax returns

• Developed a database of withholding tax provisions of cross-border payments across 199 countries.

• Created content for clear tax website and also newspaper on various popular and most googled direct tax topics.

• Extensive research, advisory, compliance, and litigation assistance.

• Statutory audit, bank branch audit, tax audit, and VAT audit.
• Income tax computation, advance tax review, service tax computation.
• Tax Audit and VAT Audit
• Accounting and preparation of financial statements.