Corporate Tax
Integrated tax advisory, compliance, and litigation services designed to protect business, ensure regulatory confidence, and adapt as the landscape evolves.
Enquiry Form
50
%+
Client
Retention
<
10
Hours
Turnaround
Time
30
%
Litigation
Success
0
K+ Cr.
Tax Dispute
Resolved
20
%+
Client
Retention
<
10
Hours
Turnaround
Time
0
K+ Cr.
Tax Dispute
Resolved
20
%
Litigation Success
Tax advisory and compliance services designed to mitigate regulatory risk empowering businesses to focus on growth.
We deliver end-to-end corporate tax services from Income Tax registration and ongoing compliances to representation in assessments and litigation. With over 1000 annual tax filings, we bring strong execution capability in income tax and TDS compliances, ensuring accuracy and minimizing exposure to technical disputes. Our team of experts handles tax regulations while identifying practical, and tax-efficient strategies. Having managed 500+ litigation assignments, we represent clients with well-crafted defence strategies, achieving favourable outcomes in nearly 85% of cases.
Service Areas Within Corporate Tax
Tax Registrations Filings and Compliance
From registration to filing of returns and various certificates, we ensure accurate and timely tax filings for corporates and non-corporate entities.
Tax Representation
We represent assessee before Income Tax Authorities for various certifications such as application for TRC, No dues certificate and rectification proceedings
Assessment and Litigations
Our team provides strategic representation before assessing officers, appellate authorities with robust defence, ensuring fair advocacy and efficient resolution of corporate tax disputes with minimal disruption.
Search and Seziure Proceedings
We offer end-to-end support from the start of search, ensuring accurate submission before Investigation Officer, filing of block returns and representation during subsequent assessment and appeals.
Tax Support to CSR Entities
Our experts offer support services to the CSR entities of corporates ensuring registrations and renewals under income tax, filing of returns and forms. Further, we cordinate with the auditors to ensure smooth audits
Assistance in Foreign Remittances
We provide assistance in analysing the tax implications of foreign remittance under income tax and DTAA and filing of various forms.
Ascentium Insights
Frequently Asked Questions
What are the consequenses of centrally managed multi-national corporations?
According to the provisions of Income Tax, a company will be considered a tax resident in India if it is the Place of Effective Management (POEM) is in India during the relevant financial year. POEM refers to the place where key management and commercial decisions necessary for the conduct of business are, in substance, made. Hence, if a company even though incorporated outside India will be considered as resident in India if it is effectively managed from India and hence, will result in profits being taxed in India.
How will the change in Income Tax law impact ongoing litigation and assessment?
The Income Tax Act, 2025 is effective from April 1, 2026. Notices issued and assessments initiated on or after this date will be governed by the new law. However, ongoing litigation and appeals as on April 1, 2026 will continue under the old law. Accordingly, businesses must consider both regimes until matters attain finality.
What are the consequences of not filing SFT Report?
Companies are required to file SFT reports by May 31 of the subsequent year. Non-compliance may result in notices and penalties from the Income Tax Department. Even in the absence of reportable transactions, a NIL report should be filed to avoid potential notices.
How to avoid tax notices?
With the new income tax portal, enhanced SFT reporting, and integration of GST and income tax data, most transactions are reflected in AIS and TIS. Failure to consider these or maintain proper reconciliations in returns may trigger notices for under-reporting or misreporting of income.
What are the retrospective amendments introduced by government in Finance Act, 2026?
Government has introduced certain retrospective amendments vide Finance Act, 2026 such as insertion of section 147A specifying that Jurisdictional Assesing Officer is the designated Assessing Officer for the process of 148A and issuing notice u/s 148. Further, sub-section 1A has been inserted in section 153B stating that once the provisions of section 144C (DRP Provisions) are triggered then the time barring for such assessment will be governed by the provisions of section 144C only and section 153 will not apply.
