Tax Proceedings

Cost-Benefit Analysis for Effective Tax Dispute Management

When it comes to tax issues, navigating the regulatory landscape can be a challenging task for taxpayers. In such scenarios, undertaking a cost-benefit analysis becomes imperative in deciding whether to contest a tax issue or concede. This analysis involves weighing the potential costs of time, money, and resources needed to contest an issue against the benefits of winning the dispute. By conducting this analysis, taxpayers can make an informed decision and develop a viable strategy to manage their tax affairs effectively. A judicious cost-benefit analysis can be instrumental in ensuring that taxpayers invest their resources in issues that are worthwhile and more likely to yield favorable outcomes.

Given the regulatory labyrinth that taxpayers often face, a judicious cost-benefit analysis is imperative in deciding which issues are worthwhile to contest and which issues are more viable to concede.

Our key service offerings

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Assistance in strategising tax proceedings.
Explore alternative tax dispute resolution avenues.
Assistance in the preparation and filing of appeals/objections including assistance in preparation and filing of submissions of any additional evidence/ground.
Assistance in representations before the CIT(A), Dispute Resolution Panel (DRP) and Income Tax Appellate Tribunal (ITAT).

Assistance in preparation of advance ruling application and provide support for representation before the Authority for Advance Rulings (AAR) for settling a tax position.
Assistance in presenting applications to the competent authority for Mutual Agreement Procedure (MAP) under the tax treaties.
Briefing the company鈥檚 counsel on the factual position of the company鈥檚 matter for the purpose of such counsel鈥檚 appearance in appellate proceedings, before the CIT(A), ITAT, AAR, High Court and Supreme Court.