RIDHI KARAN AND ASSOCIATES

Corporate

Income Tax is an inseparable part of our lives. Our firm specializes in handing all direct tax related matters. We provide practical, tax efficient and socially responsible solutions in direct tax matters for both international and Domestic clients. Our tax advisory team with its deep industry knowledge can assist in resolving various challenges such as restructuring your business and keeping abreast with tax regulations, among many others. We help our clients in Direct Tax advisory & compliance for corporates and SME & Individuals. The founder has been involved in direct tax practice since past 20 years and the firm is therefore capable of handling any type of direct tax issues. Other Services Provision of effective taxation strategy for corporates and non-corporates through consideration and application of various tax holidays and benefits under the existing taxation regulations Evaluating the existing compensation structure of employees and suggesting tax efficient improvements Handling and representation in income tax search, seizure and survey cases Expatriate taxation advisory services Advising on corporate structuring and transaction advisory services with a view to optimize tax incidence Drafting of ESOP Scheme, planning, implementation and valuations.

Cryptocurrencies could well be called the wonder of the 21st century for the financial world. Invest in it or not, you cannot ignore it. They reckon some regulations are likely, especially on the taxation. Taxation of these currencies is one of the vexed issues which is deliberated globally. Government of every country wants to tax the digital currency in one of the other. India is no exception. There have been divergent views by courts and apex body of banking system in India. Recently government has come with some clarity on tax implications of dealing in crypto -currencies. However, a lot of ground is yet to be covered. Before applying taxes, cryptocurrencies need to be classified. Is it a commodity, a currency, or a new asset class altogether? This is what will throw light on taxation. We understand the complexity of the above matter and therefore gained deep insight of the taxation aspect of digital currencies. We help our client in understanding the tax implications domestically and internationally. Under GST bitcoin may be treated as commodity and as a capital asset or business asset for Income Tax Purpose. We can assist our clients with understanding complex taxation of crypto currencies. We also advise on safekeeping of currencies in Wallets.

We specialize in Leg al Representation in direct tax matters before various appellate authorities. Our Litigation team appears and conducts arguments on behalf of the clients before various Tribunals and statutory appellate authorities. We are fully equipped with the state of the art AV set up to appear in the Virtual Court hearings. Our scope of work drafting of Appeals, written statements, petitions, appeals relating to corporate, regulatory, taxation (direct & indirect), briefing the standing counsels, etc. Our promoter partner has exemplary reputation in the business and legal communities due to their testifying experience, credibility, and responsiveness. Services include: Preparation, drafting and filing of appeals Representation before appellate authorities upto ITAT Attending Virtual and physical court / appeal proceedings Writing Opinions on complex legal matters Consultancy and counselling on taxolegal matters Preparing briefs

We understand the significance of partnering with our budding startup entrepreneurs who are determined to change the world with their disruptive ideas. Our firm offers for the new start -ups and young entrepreneurs who want to establish their business in India. We take care of the entire financial back-office operations of client. We provide assistance on a wide variety of accounting processes, including bookkeeping services, accounts production, payroll processing, finalisation, tax work and administrative support. We’ll manage your finance and accounts with the utmost levels of confidentiality, integrity, professionalism, accuracy and timeliness. All our accounting outsourcing personnel across India undergo training on relevant matters and updates. Communication: We provide periodical updates on key changes happening in accounting and compliance areas to our delivery teams through newsletters and flash reports

We are involved in providing of highly efficient and reliable Audit and Assurance services. These services are provided by highly experienced professionals using highly advanced audit techniques. These services are attuned to the global practices and Indian statutory requirements. Several high net worth and SME sector undertakings form our clientele. The firm conducts Statutory audit under Companies Act 2013, Income tax Act 1961, etc with independence and fairness Other types of audit include: Information System Audit – Audit in the computerized environment including audit of computerized systems – hardware/software. Compliance Audit to ensure all related laws are complied with. Installation of internal control procedures & monitoring the compliance. Due Diligence