• Income Tax Imposed on salaried individuals, professionals, businesses, and other entities under the Income Tax Act, 1961.
• Corporate Tax Paid by companies based on their net profits, with varying tax rates depending on the business structure.
• Capital Gains Tax Applied on the sale of assets like real estate, stocks, and mutual funds.
• Dividend Distribution Tax (DDT) Previously levied on companies distributing profits to shareholders, now replaced with taxation at the investor level.

Since direct taxes require meticulous filing and documentation, consulting a tax lawyer ensures that businesses and individuals comply with tax regulations while optimizing liabilities.

2. Indirect Taxes:

Indirect taxes are levied on goods and services rather than directly on income. These include:

• Goods and Services Tax (GST) A unified tax structure replacing VAT, excise duty, and service tax, making compliance smoother for businesses.
• Customs Duty Charged on goods imported into or exported from India.
• Excise Duty (Pre-GST) Previously applied to the manufacturing of goods but has been largely subsumed under GST.

Businesses dealing with GST compliance, input tax credits, and tax audits require the expertise of a tax attorney to prevent financial liabilities and legal disputes.

Key Services Provided by Tax Lawyers:

1. Tax Planning & Strategy:

Every business and high-net-worth individual look for ways to legally reduce tax liabilities while staying compliant. A tax attorney helps structure investments, income sources, and transactions to minimize tax burdens. Some key tax planning strategies include:

• Utilizing deductions and exemptions under the Income Tax Act.
• Structuring business entities for tax efficiency.
• Planning capital gains tax exemptions through smart investments.
• Ensuring compliance with corporate taxation laws while reducing unnecessary tax payments.

Without proper tax planning, businesses may end up paying more taxes than required or face unwanted tax scrutiny.

2. GST & Indirect Tax Compliance

GST has significantly changed how businesses manage taxation in India. A tax lawyer helps businesses:

• Register for GST and obtain the required licenses.
• File GST returns and claim input tax credits.
• Resolve disputes related to GST penalties and compliance notices.
• Represent businesses in tax audits conducted by tax authorities.

Failure to comply with GST laws can result in penalties and business disruptions, making it essential to have an expert legal advisor.

3. Tax Dispute Resolution & Litigation:

Tax disputes can arise from incorrect tax assessments, audit discrepancies, or misinterpretations of tax laws. A taxation lawyer provides legal support in:

• Challenging tax assessments before the Income Tax Appellate Tribunal (ITAT).
• Representing businesses in disputes before GST authorities.
• Defending clients in tax evasion cases and penalty disputes.
• Negotiating settlements with tax authorities to resolve tax dues.

Tax disputes can lead to significant financial losses, so early legal intervention is key to minimizing liabilities.

4. International Taxation & Cross-Border Transactions:

With globalization, businesses increasingly engage in international trade, foreign investments, and cross-border transactions. However, such dealings require compliance with both Indian and international tax laws.

Our firm specializes in international taxation and assists with:

• Understanding Double Taxation Avoidance Agreements (DTAA) to prevent double taxation.
• Structuring offshore investments while ensuring compliance with Indian tax laws.
• Advising multinational corporations on transfer pricing regulations.
• Ensuring compliance with FEMA (Foreign Exchange Management Act) guidelines.

As tax authorities tighten scrutiny on international transactions, expert legal assistance ensures that businesses comply with global tax standards.

Recent Changes in Indian Tax Laws:

The Indian tax landscape is constantly evolving. Some of the major tax law changes in recent years include:

• 1. Reduction in Corporate Tax Rates – India has lowered corporate tax rates to attract more businesses and boost economic growth.
• 2. Faceless Tax Assessments – The government has introduced digital tax assessments, reducing direct interactions with tax officials.
• 3. Cryptocurrency Taxation – A 30% tax on income from virtual digital assets, including cryptocurrencies, was introduced.
• 4. Amendments in GST Laws – Frequent changes in GST rates and compliance rules require businesses to stay updated.

Since tax laws change frequently, having a tax lawyer ensures that individuals and businesses stay compliant and avoid legal complications.

Recent Changes in Indian Tax Laws:

The Indian tax landscape is constantly evolving. Some of the major tax law changes in recent years include:

• 1. Reduction in Corporate Tax Rates – India has lowered corporate tax rates to attract more businesses and boost economic growth.
• 2. Faceless Tax Assessments – The government has introduced digital tax assessments, reducing direct interactions with tax officials.
• 3. Cryptocurrency Taxation – A 30% tax on income from virtual digital assets, including cryptocurrencies, was introduced.
• 4. Amendments in GST Laws – Frequent changes in GST rates and compliance rules require businesses to stay updated.

Since tax laws change frequently, having a tax lawyer ensures that individuals and businesses stay compliant and avoid legal complications.

How to Choose the Right Tax Lawyer in India:

Finding the right taxation lawyer for your needs is crucial. Here are some key factors to consider:

• 1. Expertise in Indian Tax Laws – Ensure that your lawyer is well-versed in income tax, corporate taxation, and GST laws.
• 2. Experience with Tax Disputes – If you’re facing a tax audit, penalty, or legal notice, choose a lawyer with litigation experience.
• 3. Industry-Specific Knowledge – Tax laws vary across industries, so pick a lawyer who understands your sector.
• 4. Proven Track Record – A skilled tax attorney should have a history of successfully resolving tax cases.

Whether you need advice on tax planning, GST compliance, or litigation support, working with an experienced tax lawyer can save you time, money, and legal troubles.

Why Work with Lawniti?

At Lawniti, we offer expert tax solutions tailored to your financial and business needs. As a leading firm specializing in taxation, we help clients:

• 1. Optimize tax planning to reduce liabilities.
• 2. Ensure GST compliance and prevent penalties.
• 3. Handle tax litigation before ITAT, GST Tribunals, and High Courts.
• 4. Resolve tax disputes efficiently, ensuring smooth business operations.

If you’re looking for a trusted tax attorney or need help with tax compliance, audits, or dispute resolution, contact us today for expert legal assistance.