Practice Area Inner

Tax

Our Taxation practice provides comprehensive advice and contemporary tax solutions to its clients. Well-equipped to render solution-based advice on direct as well as indirect taxation issues, the inter-disciplinary team constituting our Tax Practice Group comprises experienced and committed professionals with added competencies / qualifications in accounting, management and economic theory, which serves to place our Firm in a unique position to effectively guide clients on India’s challenging tax issues in a holistic manner.

Our team regularly advises multinational enterprises in interpretation and application of tax treaty provisions on a variety of complex transactions, structuring their business operations in India, advising on tax favourable jurisdictions, advising on tax optimization strategies, assistance in tax litigation matters, structuring inbound & outbound investments, structuring onshore & offshore PE/VC fund vehicles, and in advising high net-worth individuals on Trust and Estate planning.

Some of our key recent transactions include:

  • Advised Viatris Inc. on Indian tax aspects in respect of the sale of its biosimilars assets to Biocon Biologics Limited, subsidiary of Biocon Limited for US$ 3.335 billion for stock and cash.
  • Advised JSW Infrastructure Limited from a tax perspective with respect to issuance of US$ 400,000,000 4.95% Rule 144A/Reg S Senior Secured Guaranteed Sustainability-Linked Notes.
  • Advised and acted for the Resolution Professional of South-East UP Power Transmission Co. Ltd. during the CIRP for all the tax matters.