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Non-Resident Taxation and FEMA
This is another specialized area within our Direct tax practice.
The firm provides advisory and compliance services covering the entire gamut of Foreign exchange law and Taxation law applicable to Non-Residents including the following areas:
  • Tax Advisory Services and filing of e-Tax returns
  • Setting up a Branch office/ Liaison office/ Project office in India
  • Banking and Remittances
  • Investment advisory support
We offer professional services to NRI's and PIO's settled abroad. Some of the services offered are:
Taxation Services
I Professional support in filing Applications for Allotment of Permanent Account Number (PAN)
Certain transaction, as listed below, require mandatory quotation of PAN beyond specified monetary limits:

a.  Transactions in shares, mutual funds, debentures etc.
b.  Property Sale, Purchase or Renting
c.  Filing of Tax return and for claiming refund of income tax
d.  Banking transactions
e.  Sale or Purchase of Motor Vehicle
f.   Deposits in Post office saving accounts
g.  Telephone connections
h. Payment to Hotels and restaurants against their bill exceeding Rs. 25,000/-

II Filing of Return of Income and Wealth
  1. The tax returns can be compiled as per the provisions of the Indian Income tax Act, basis Inputs provided by the client. The return to be prepared may include compilation of Asset and Liability account and specifically capturing all such information covered under Annual Information reports (AIR) like property transactions, credit card payments, investments in shares, mutual funds, bonds etc.
  2. After the preparation of tax return, the same is to be filed electronically or physically as per the requirement of the tax laws, with the Indian Revenue Authorities
  3. Tax Representations before tax authorities, if required, for tax refunds or any other clarifications
  4. Tax support services on regular tax matters
III Capital Gains
  1. Advisory support services in relation to Capital gains arising from the transfer of a capital asset being shares or debentures of an Indian company, gold, Immovable property and any other capital asset
  2. Advice on Deposit of applicable taxes in India
  3. Support in deposit of tax and repatriation of money
IV FEMA / RBI Related Services
  1. Compliance of the procedure for repatriation of income / assets from India
  2. Applications to Reserve Bank of India for purchase / sale of shares, debentures & securitie, directly and indirectly from Residents/Non Residents in or outside India
  3. Application to Reserve Bank of India for purchase / sale of residential and commercial properties including renting out of properties
  4. Any specific advice required in relation to FEMA/RBI matters
Important Links Services
¤ View tax credit
¤ Know your PAN
¤ File tax return online
¤ File ROC return online
¤ Taxation
¤ NRI
¤ Payroll
¤ Ragulatory Compliances
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Direct Tax Services
Payroll End to End Processing
Non-Resident Taxation and FEMA
Regulatory Compliances
US GAAP and FIN 48 tax reporting
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