KK Legal also does indirect tax reviews of the clients periodically. Tax review is like a law checkup of client’s financials to confirm correct payment of taxes, correct availment of CENVAT credit/input tax credit, benefits of tax concessions and exemption available to client. In most of the company, in-house expertise is not sufficient to achieve these objectives and some issues eventually get ignored due to either complex nature of the issue in hand or busy schedule in day to day job of tax compliance team.
Tax Review team of KK Legal have sound knowledge of tax laws and have good experience in interpretation of law and litigation. The Team consists of multi-professional people with legal as well as accounting background and this dual skill set assists the client to streamline its tax compliance and to optimize utilization of available tax benefits with the help of high-quality tax reviews. Tax reviews enable clients to maximize benefits, identify opportunities, and exposures for taking corrective action. Tax review Team visits the client site and closely work with the client to understand their transactions and provide the systemized way forward for corrective actions to be taken by the client.
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