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# SBC

## Sitemaps

- [XML Sitemap](https://steadfastconsultants.in/sitemap.xml): Contains all public & indexable URLs for this website.

## Posts

- [Is Internal Audit Ready for Continuous Risk Intelligence?](https://steadfastconsultants.in/internal-audit-continuous-risk-intelligence/) - Not yet, and Indian law is not the obstacle: Section 138 sets no audit interval and Rule 13(2) leaves periodicity to the Audit Committee. Ten realities.
- [Population Testing vs Audit Sampling: What Changed](https://steadfastconsultants.in/population-testing-vs-audit-sampling/) - Population testing removes sampling risk and catches clustered anomalies; sampling suits small or judgement-led populations. What it means for IFC testing.
- [Why Do Year-End Transfer Pricing Adjustments Fail?](https://steadfastconsultants.in/operational-transfer-pricing/) - Operational transfer pricing explained: why groups drift from target margins, why a year-end true-up draws scrutiny, and what a voluntary adjustment triggers.
- [Must You Charge Interest on Outstanding Receivables?](https://steadfastconsultants.in/interest-on-outstanding-receivables-transfer-pricing/) - Whether an Indian company must charge interest on outstanding receivables from an associated enterprise: the credit period, the rate, and the defences.
- [Which Mark-Up Applies to Low Value-Adding Intra-Group Services?](https://steadfastconsultants.in/low-value-adding-intra-group-services-transfer-pricing/) - Low value-adding intra-group services can take a 5% mark-up under India's safe harbour rules, capped at ₹10 crore. High value services must be benchmarked.
- [Resale Price Method vs Cost Plus Method: Which Applies?](https://steadfastconsultants.in/resale-price-method-vs-cost-plus-method/) - Both are gross margin methods, and the difference is which side is tested. The Resale Price Method tests the distributor, the Cost Plus Method the manufacturer.
- [How Do You Set a Transfer Pricing Policy That Holds?](https://steadfastconsultants.in/transfer-pricing-policy-price-setting/) - How to design a transfer pricing policy before the year begins: choosing a remuneration model per entity, matching it to conduct, and knowing when to review.
- [When Should You Run a Transfer Pricing Health Check?](https://steadfastconsultants.in/transfer-pricing-health-check/) - A transfer pricing health check is a diagnostic review run before a notice arrives. The six trigger events, what the review tests, and what a gap report holds.
- [Who Owns the Return on Your Group's Intangibles?](https://steadfastconsultants.in/dempe-analysis-intangibles-transfer-pricing/) - DEMPE analysis under BEPS Action 8 decides who earns the return on a group intangible. How functions, risk and funding outrank legal ownership in India.
- [When Is a Third-Party Contract a Deemed International Transaction?](https://steadfastconsultants.in/deemed-international-transaction-transfer-pricing/) - A contract with an unrelated party becomes a deemed international transaction under Section 163(2) of the Income-tax Act 2025. Learn the two triggers.
- [Best Transfer Pricing Firms in India 2026](https://steadfastconsultants.in/transfer-pricing-firms-in-india-six-providers/) - Six transfer pricing providers in India, compared only on the services each one publishes on its own site. No ranking, no inference.
- [Transfer Pricing Services in Hyderabad, Telangana and Andhra Pradesh](https://steadfastconsultants.in/transfer-pricing-services-hyderabad-telangana-andhra-pradesh/) - Transfer pricing for companies in Hyderabad, Telangana and Andhra Pradesh: what the corridor's GCCs face, and what the compliance floor requires.
- [What Falls Inside the Arm's Length Range?](https://steadfastconsultants.in/arms-length-range-transfer-pricing/) - Rule 81 builds the arm's length range from the 35th to the 65th percentile, but only on six or more comparables. Outside it, the price resets to the median.
- [Does an ESOP Cross-Charge Belong in Your Captive's Cost Base?](https://steadfastconsultants.in/esop-cross-charge-transfer-pricing-cost-base/) - When an ESOP cost cross-charged by a foreign parent belongs in an Indian captive's operating cost base, when it stays outside, and what evidence decides it.
- [Per-Filing Engagement or an Annual Transfer Pricing Retainer?](https://steadfastconsultants.in/transfer-pricing-per-filing-or-annual-retainer/) - Per-filing engagement, annual retainer or project mandate: what each transfer pricing model includes, what falls outside it, and how to choose between them.
- [Should Transfer Pricing Be Run In-House or by an External Firm?](https://steadfastconsultants.in/transfer-pricing-in-house-or-external-firm/) - Transfer pricing is a year-round function, not a filing. Where the split between an in-house team and an external firm actually falls, function by function.
- [What Drives the Cost of a Transfer Pricing Engagement in India?](https://steadfastconsultants.in/transfer-pricing-engagement-cost-drivers-india/) - Seven factors drive the cost of a transfer pricing engagement in India: entities, tested transactions, benchmarking, jurisdictions, filings, disputes, records.
- [Should an Indian Subsidiary Use the Parent's Global Transfer Pricing Adviser?](https://steadfastconsultants.in/indian-subsidiary-parent-global-transfer-pricing-adviser/) - Whether an Indian subsidiary should use the parent's global transfer pricing adviser: who signs Form 48, local statutory depth, conflicts and cost recharge.
- [Should an Indian Captive Share Its Location Savings With the Group?](https://steadfastconsultants.in/location-savings-transfer-pricing-india/) - Whether an Indian captive must retain a share of the group's location savings, how location-specific advantages differ, and the evidence that decides it.
- [How Does Transfer Pricing Work for a US Parent With an Indian Subsidiary?](https://steadfastconsultants.in/transfer-pricing-us-parent-indian-subsidiary/) - A US parent with an Indian subsidiary faces two transfer pricing regimes at once. What India actually requires, how the two files interact, and who gets tested.
- [Transfer Pricing for Pharmaceutical Companies: Who Earns What?](https://steadfastconsultants.in/transfer-pricing-pharmaceutical-companies-india/) - How an Indian pharmaceutical group splits profit across contract research, loan-licence manufacturing and distribution, and who earns the intangible return.
- [Which Manufacturing Entity Characterisation Fits Your Subsidiary?](https://steadfastconsultants.in/transfer-pricing-manufacturing-entity-characterisation/) - Contract manufacturer, licensed manufacturer, limited-risk distributor or full-risk entity: what each Indian manufacturing subsidiary does, and the return each one earns.
- [Transfer Pricing for IT and Software Services in India](https://steadfastconsultants.in/transfer-pricing-it-software-services-india/) - How Indian IT and software companies price related party work in 2026: the fast-track unilateral APA, offshore development centre margins and cost base rules.
- [India APA Statistics: How Many APAs Are Signed Each Year?](https://steadfastconsultants.in/india-apa-programme-statistics/) - CBDT signed 219 advance pricing agreements in FY 2025-26 and 1,034 in total since 2012. What the published APA data says about applying for one.
- [Who Can File Form 3CEB, and Who Certifies It?](https://steadfastconsultants.in/who-can-file-form-3ceb/) - Form 3CEB is now Form 48 under the Income-tax Act 2025. Who must obtain the accountant's report, who is qualified to sign it, and when it falls due in 2026.
- [How Do You Respond to a Transfer Pricing Show-Cause Notice?](https://steadfastconsultants.in/transfer-pricing-show-cause-notice-reply/) - How to read a transfer pricing show-cause notice, work out what the Transfer Pricing Officer is challenging, build the evidence pack and draft the reply.
- [Who Represents You at Each Stage of a Transfer Pricing Dispute?](https://steadfastconsultants.in/transfer-pricing-litigation-support/) - A transfer pricing dispute can reach seven forums, from the Transfer Pricing Officer to the Supreme Court. Who represents you at each stage, and when to settle.
- [When Are Your Transfer Pricing Filings Due in 2026?](https://steadfastconsultants.in/transfer-pricing-filing-due-dates/) - The Form 3CEB due date falls one month before the return of income. See the full transfer pricing audit due date calendar, Master File and CbCR deadlines.
- [Which Economic Adjustments Will a TPO Accept?](https://steadfastconsultants.in/transfer-pricing-economic-adjustments/) - Working capital, risk, forex, capacity, depreciation and cash PLI adjustments under Rule 79 of the Income-tax Rules 2026, and the evidence each one needs.
- [What Does Transfer Pricing Documentation Actually Include?](https://steadfastconsultants.in/transfer-pricing-documentation-services/) - Transfer pricing documentation under section 171 and Rule 84: the thirteen prescribed heads, what contemporaneous means, retention, and who prepares the file.
- [Is Transfer Pricing Compliance Applicable to Your Company?](https://steadfastconsultants.in/transfer-pricing-applicability-india/) - Transfer pricing applicability in India turns on the transaction, not turnover. The two limbs, the associated enterprise test and the ₹20 crore threshold.
- [Which Databases Will a TPO Accept in a Benchmarking Study?](https://steadfastconsultants.in/transfer-pricing-benchmarking-databases/) - Prowess, Capitaline TP, Amadeus, RoyaltyRange, Loan Connector and more. Which transfer pricing database suits which transaction, and how the choice is defended.
- [Which Groups Must File a Master File in India?](https://steadfastconsultants.in/master-file-transfer-pricing-india/) - Master File transfer pricing in India under Rule 123: the revenue and transaction thresholds, what Part A and Part B require, and when the filing falls due.
- [What Interest Rate Is Defensible on an Intra-Group Loan?](https://steadfastconsultants.in/intra-group-loan-interest-rate-transfer-pricing/) - How to price an intra-group loan at arm's length in India: debt delineation, borrower credit standing, implicit group support, currency, tenor and spread.
- [What Goes in Each Clause of Form 3CEB?](https://steadfastconsultants.in/form-3ceb-clauses-explained/) - A clause-by-clause walkthrough of Form 3CEB, now Form 48: the six parts, associated enterprise details, method disclosure, aggregation and filing errors.
- [When Does an Indian Subsidiary Need a FIN 48 Transfer Pricing Opinion?](https://steadfastconsultants.in/fin-48-transfer-pricing-exposure/) - A US parent must quantify its Indian subsidiary's uncertain tax positions under ASC 740-10. When a FIN 48 transfer pricing opinion is needed, and why.
- [Which Groups Must File a Country-by-Country Report?](https://steadfastconsultants.in/country-by-country-reporting-india/) - India requires a Country-by-Country report where consolidated group revenue exceeds ₹6,400 crore. Who reports, who only notifies, and what section 459 costs.
- [How Does Transfer Pricing Work for a GCC or Captive Unit in India?](https://steadfastconsultants.in/transfer-pricing-gcc-captive-unit/) - How transfer pricing applies to an Indian GCC or captive unit: FAR-based characterisation, drift into entrepreneurial functions, intangible ownership, safe harbour and the APA route.
- [Should You Choose a Unilateral, Bilateral or Rollback APA?](https://steadfastconsultants.in/unilateral-bilateral-rollback-apa-route/) - A unilateral APA binds only India. A bilateral APA removes double taxation on both sides. Rollback settles earlier open years. How to choose the right route.
- [What Are the Seven Steps of a Benchmarking Study?](https://steadfastconsultants.in/transfer-pricing-benchmarking-study-steps/) - The seven steps of a transfer pricing benchmarking study, and the point in each step where a Transfer Pricing Officer most often rejects the analysis in India.
- [Which Groups Does Pillar Two Actually Catch?](https://steadfastconsultants.in/pillar-two-which-groups-are-covered/) - Pillar Two scope is tested on consolidated group revenue, not entity size. Who is caught, why a small Indian subsidiary is affected, and what it changes.
- [What Management Fee Markup Survives a TPO Challenge?](https://steadfastconsultants.in/management-fee-markup-transfer-pricing/) - A management fee markup survives when the cost base excludes shareholder and duplicated costs and the allocation key traces to the benefit actually received.
- [What Royalty Rate Is Defensible Under Indian Transfer Pricing?](https://steadfastconsultants.in/defensible-royalty-rate-transfer-pricing/) - A royalty rate is defensible when the intangible was genuinely used, the rate follows a method under Section 165, and the licence terms match actual conduct.
- [When Does a Business Restructuring Trigger an Exit Charge?](https://steadfastconsultants.in/business-restructuring-transfer-pricing-exit-charge/) - When a business restructuring triggers a transfer pricing exit charge in India: what must transfer, why lower profit alone is not enough, what a TPO tests.
- [What Guarantee Fee Counts as Arm's Length?](https://steadfastconsultants.in/arms-length-corporate-guarantee-fee/) - Rule 89 of the Income-tax Rules 2026 sets one safe harbour rate of 1% per annum. Rule 88 decides whether you may elect it at all. Outside it, evidence rules.
- [Which Transfer Pricing Method Applies to Your Transaction?](https://steadfastconsultants.in/which-transfer-pricing-method-applies/) - Indian law prescribes six transfer pricing methods and no hierarchy. Rule 80 decides which is most appropriate, and the selection itself must be justified.
- [Which Transfer Pricing Firm Suits a Mid-Size Group?](https://steadfastconsultants.in/which-transfer-pricing-firm-mid-size-group/) - For a mid-size group, the choice turns on jurisdiction count, whether the need is documentation or dispute, and which individuals actually do the work.
- [What Are the Penalties for Transfer Pricing Non-Compliance in 2026?](https://steadfastconsultants.in/transfer-pricing-non-compliance-penalties/) - Most transfer pricing defaults still attract a penalty of 2% of transaction value. One no longer attracts a penalty at all. What changed, and what it costs.
- [MAP or Domestic Appeal for a Transfer Pricing Dispute?](https://steadfastconsultants.in/transfer-pricing-dispute-map-or-domestic-appeal/) - Domestic appeal tests whether an adjustment was correct. The mutual agreement procedure removes the double taxation it created. Which route fits when.
- [Who Must Comply With Specified Domestic Transaction Rules in 2026?](https://steadfastconsultants.in/specified-domestic-transaction-compliance/) - Specified domestic transactions attract transfer pricing rules once aggregate value crosses ₹20 crore. Who must comply, and what changed under the Act 2025.
- [Shareholder Activity or Genuine Service? The Benefit Test Explained](https://steadfastconsultants.in/intra-group-services-benefit-test/) - An intra-group service charge is deductible only where a genuine benefit was received. Where the activity served the parent as shareholder, no charge holds.
- [How Does India UAE Transfer Pricing Work for Group Structures?](https://steadfastconsultants.in/india-uae-transfer-pricing-cross-border/) - An India to UAE related-party transaction is now tested under two transfer pricing regimes at once. What that means for documentation and dispute exposure.
- [How Do You Choose a Transfer Pricing Consultant in India?](https://steadfastconsultants.in/how-to-choose-transfer-pricing-consultant-india/) - Choosing a transfer pricing consultant comes down to six checks: independent recognition, litigation record, benchmarking data, sector depth and coverage.
- [How Does FAR Analysis Decide Which Entity Keeps the Profit?](https://steadfastconsultants.in/far-analysis-routine-or-entrepreneurial/) - FAR analysis classifies each entity as routine or entrepreneurial. That classification decides the tested party, the method and who keeps residual profit.
- [How Do You Apply for an Advance Pricing Agreement in 2026?](https://steadfastconsultants.in/advance-pricing-agreement-application-form-51/) - Form 3CED is now Form 51 under Section 168 of the Income-tax Act 2025. A guide to the APA application process, the forms involved and the rollback option.
- [Transfer Pricing Assessment Procedure](https://steadfastconsultants.in/transfer-pricing-assessment-procedure/) - Transfer Pricing Assessment Procedure Home > Transfer Pricing Assessment Procedure Transfer Pricing Assessment ProcedureForesight for TaxpayersIt’s crucial for taxpayers to effectively manage domestic litigation through proactive foresight at every stage—from pre-litigation assessment to final resolution and enforcement. Taxpayers should maintain robust documentation, assess litigation risks early, and align their positions with judicial precedents and departmental guidance.Knowing the litigation
- [Is Your GCC’s Transfer Pricing Policy Still Defensible?](https://steadfastconsultants.in/transfer-pricing-india-gcc/) - India’s 1,700+ GCCs are moving into product, engineering and leadership roles. Here’s how to test whether a static cost-plus policy still matches what your centre actually does.
- [Should Your Company Elect India’s New 15.5% IT Services Safe Harbour?](https://steadfastconsultants.in/india-it-services-safe-harbour-15-5-percent/) - India’s 2026 safe harbour sets a 15.5% margin for IT, ITES, KPO and software R&D up to ₹2,000 crore revenue. Here’s when electing for five years actually pays off.
- [How Do You Defend a Management Fee in an Indian Transfer Pricing Audit?](https://steadfastconsultants.in/management-fees-transfer-pricing-india/) - TPOs routinely price management fees at nil. Learn what proves rendition, benefit and arm’s-length pricing - and how the ₹10 crore low-value services safe harbour works.
- [India's Transfer Pricing Reporting Framework Enters a New Era: Transition from Form 3CEB to Form 48](https://steadfastconsultants.in/indias-transfer-pricing-reporting-framework-enters-a-new-era-transition-from-form-3ceb-to-form-48/) - Form 48 replaces Form 3CEB from FY 2026-27 under the Income-tax Act, 2025. See what changes, when it applies, and how to prepare. Read SBC's guide.
- [Transfer Pricing Services in India — Complete Regulatory & Advisory Guide](https://steadfastconsultants.in/transfer-pricing-services-in-india-complete-regulatory-advisory-guide/) - Expert Transfer Pricing Services in India — compliance, documentation, benchmarking & audit support. Trusted by startups to MNCs. Talk to SBC today.
- [Transfer Pricing Services And Consultancy: Top Reasons Why You Should Choose SBC](https://steadfastconsultants.in/transfer-pricing-services-and-consultancy-top-reasons-why-you-should-choose-sbc/) - Transfer Pricing Services And Consultancy: Top Reasons Why You Should Choose SBC Home Transfer Pricing Services And Consultancy: Top Reasons Why You Should Choose SBC MNEs are operating in an environment of unprecedented complexity. The rising volume and variety of intercompany transactions in the midst of a continually evolving Transfer Pricing regulatory landscape, accompanied by
- [GST E-Invoicing in 2026: Do You Need to Comply at ₹5 Crore Turnover?](https://steadfastconsultants.in/gst-e-invoicing-in-2026-do-you-need-to-comply-at-₹5-crore-turnover/) - GST e-invoicing threshold in 2026 is INR 5 crore turnover, find out if your business must comply, what changed, and what happens if you don't. Read now.
- [How to Respond to a GST Notice in India (2026 Guide): Section 74A, Timelines & Reply Format](https://steadfastconsultants.in/how-to-respond-to-a-gst-notice-in-india-2026-guide-section-74a-timelines-reply-format/) - Received a GST notice? Learn about the different types of notices, the reply timelines under the new Section 74A, and the correct format for responding through the GST portal.
- [Common GST Compliance Mistakes That Trigger Tax Notices in 2026](https://steadfastconsultants.in/common-gst-compliance-mistakes-that-trigger-tax-notices-in-2026/) - Avoid GST notices in 2026 — learn the common compliance mistakes that trigger them, why GSTN's automated system catches them fast, and how to fix each gap.
- [The Complete Guide to Compliance, Documentation, Benchmarking, Advisory and Risk Management (2026) – Part 1](https://steadfastconsultants.in/the-complete-guide-to-compliance-documentation-benchmarking-advisory-and-risk-management-2026-part-1/) - Explore transfer pricing in India, including compliance, documentation, benchmarking, advisory, risk management and arm’s length principles for 2026.
- [India Union Budget 2026-27](https://steadfastconsultants.in/india-union-budget-2026-27/) - India Union Budget 2026-27 Home > India Union Budget 2026-27 Key ProposalsA. Budget anchored on Viksit Bharat with 3 Kartavya:(i) Accelerate & sustain growth(ii) Build aspirations & capacity(iii) Ensure inclusive access across regions and communitiesFocus on structural reforms, resilient finance, AI-led governance, and global integration.B. Direct Tax, Transfer Pricing & Indirect Tax – Snippet:• Structural
- [An Overview: Corporate Taxation In India](https://steadfastconsultants.in/an-overview-corporate-taxation-in-india/) - An Overview: Corporate Taxation In India Home An Overview: Corporate Taxation In India Snippet: Know about corporate tax in India and how the profits earned by companies are calculated to compute corporate taxes. Find out corporate tax rates and details on rebates and deductions.In India, taxes on revenue, money, and capital gains are rich sources of taxes
- [Why Hire SBC For GST Services?](https://steadfastconsultants.in/why-hire-sbc-for-gst-services/) - Why Hire SBC For GST Services? Home Why Hire SBC For GST Services? The Indian tax regime follows a methodology wherein different tax law provisions are applicable to a single transaction which tends to create contentious lawful problems. Currently, the Income-Tax Act 1961 and the GST Laws (CGST Act, 2017) are the major regulations working
- [How Tax Consulting Services Are Helpful To Your Business?](https://steadfastconsultants.in/how-tax-consulting-services-are-helpful-to-your-business/) - How Tax Consulting Services Are Helpful To Your Business? Home How Tax Consulting Services Are Helpful To Your Business? Snippet: Tax consultants are professionals who offer business-centered tax advice and implementation services to clients who function in different sectors. Their services add to an efficient tax experience.No business can survive in isolation without complying with
- [Why Are Mergers & Acquisitions Service Crucial For Enterprises](https://steadfastconsultants.in/why-are-mergers-acquisitions-service-crucial-for-enterprises/) - Why Are Mergers & Acquisitions Service Crucial For Enterprises Home Why Are Mergers & Acquisitions Service Crucial For Enterprises The global mergers and acquisitions (M&A) activity fluctuated significantly over the past two decades in terms of the value of global M&A deals and the number of deals completed.Mergers, acquisitions, internal reconstructions/reorganizations, hive-off, etc. are being taken up by companies
- [Why Your Business Should Get A Corporate Valuation?](https://steadfastconsultants.in/why-your-business-should-get-a-corporate-valuation/) - Why Your Business Should Get A Corporate Valuation? Home Why Your Business Should Get A Corporate Valuation? Curious what the value of your company is? Knowing the worth of your company is crucial, particularly if you intend to grow it. If you’re thinking about selling or attracting investors, you’ll need a precise estimate. Knowing how
- [Take Charge Of Your Taxes In Legal, & Ethical Ways With Steadfast Tax Planning Services](https://steadfastconsultants.in/take-charge-of-your-taxes-in-legal-ethical-ways-with-steadfast-tax-planning-services/) - Take Charge of Your Taxes in Legal, & Ethical Ways with Steadfast Tax Planning Services Home Take Charge of Your Taxes in Legal, & Ethical Ways with Steadfast Tax Planning Services For everyone, including individuals, sole proprietors, and small enterprises, tax preparation may be a cause of frustration. It’s normal to feel disoriented during tax
- [GST Update – 53rd GST Council Meeting Recommendations](https://steadfastconsultants.in/gst-update-53rd-gst-council-meeting-recommendations/) - GST Update – 53rd GST Council Meeting Recommendations Home GST Update – 53rd GST Council Meeting Recommendations 1. Amensty Scheme for Tax demands for the period FY 2017-18 to FY 2019-20:Provision: Section 128A provides for a conditional waiver of interest, penalty, or both, concerning demands raised under Section 73 of the CGST Act for the financial years
- [Indian Transfer Pricing Compliances](https://steadfastconsultants.in/indian-transfer-pricing-compliances/) - Indian Transfer Pricing Compliances Home Indian Transfer Pricing Compliances Local File TP compliance Applicability Due date Penalty for non compliance TP Study to be maintained u/s 92D If aggregate value of International Transactions > INR 1 Crore or If Specified Domestic Transactions (SDT) > INR 20 Crores [transactions with entities/units claiming special tax holiday exemptions
- [Tax Alert Clarification on ITCC August 2024](https://steadfastconsultants.in/tax-alert-clarification-on-itcc-august-2024/) - Tax Alert - Clarification on ITCC - August 2024 Home > Tax Alert – Clarification on ITCC – August 2024 Background:Finance Minister Nirmala Sitharaman had announced a key amendment in the Union Budget 2024 aimed at individuals planning to relocate from India.Under the new law, individuals domiciled in India are required to clear all pending tax dues
- [10 Steps Businesses Need To Take To Maintain Tax Compliance In 2022-2023](https://steadfastconsultants.in/10-steps-businesses-need-to-take-to-maintain-tax-compliance-in-2022-2023/) - 10 Steps businesses need to take to Maintain Tax Compliance in 2022-2023 Home 10 Steps businesses need to take to Maintain Tax Compliance in 2022-2023 How does tax compliance affect your business? What steps should you take to ensure that you are compliant?The recent changes in the tax laws have led to a number of
- [5 Common Mistakes Taxpayers Make While Filing Their Income Tax Returns](https://steadfastconsultants.in/5-common-mistakes-taxpayers-make-while-filing-their-income-tax-returns/) - 5 Common Mistakes Taxpayers Make While Filing Their Income Tax Returns Home 5 Common Mistakes Taxpayers Make While Filing Their Income Tax Returns Making errors when filing an income tax return can result in penalties and legal action, rendering the return invalid. For some people, submitting an income tax return might be difficult while being
- [Checklist To Make Your Business GST Compliant Ready](https://steadfastconsultants.in/checklist-to-make-your-business-gst-compliant-ready/) - Checklist To Make Your Business GST Compliant Ready Home Checklist To Make Your Business GST Compliant Ready The introduction of Goods and Services Tax (GST) has changed how business is conducted across the country. The law has been dynamic and more electronic-oriented, with more emphasis on data analysis. However, with the dynamism involved and the
- [Why Are Virtual CFO Services Gaining Huge Recognition In The Corporate Industry?](https://steadfastconsultants.in/why-are-virtual-cfo-services-gaining-huge-recognition-in-the-corporate-industry/) - Why Are Virtual CFO Services Gaining Huge Recognition In The Corporate Industry? Home Why Are Virtual CFO Services Gaining Huge Recognition In The Corporate Industry? As the title suggests, a virtual CFO is a financial and organisational expert who performs the duties of a chief financial officer. The virtual CFO, however, works remotely on a contractual,
- [Tax Implications On E-Commerce Operators](https://steadfastconsultants.in/tax-implications-on-e-commerce-operators/) - TAX IMPLICATIONS ON E-COMMERCE OPERATORS Home TAX IMPLICATIONS ON E-COMMERCE OPERATORS Online services are becoming more and more well-liked and in high demand, proving that digitalization is the future. The rise of e-commerce companies is one of the most obvious shifts in the digital economy. In this article, we go through the direct tax ramifications
- [Transfer Pricing Compliances for Non Residents (NR) in India](https://steadfastconsultants.in/transfer-pricing-compliances-for-non-residents-nr-in-india/) - Transfer Pricing Compliances for Non Residents (NR) in India Home > Transfer Pricing Compliances for Non Residents (NR) in India Transfer Pricing Compliances applicable to NRs in India:The clock is ticking, and Indian Transfer Pricing (“TP”) Compliances for the financial year 2023-24 are just around the corner, with due dates in Oct/Nov ’24.Ensuring compliance with Indian
- [SBC Tax Alert e-DRS September 2024](https://steadfastconsultants.in/sbc-tax-alert-e-drs-september-2024/) - SBC - Tax Alert e-DRS September 2024 Home > SBC – Tax Alert e-DRS September 2024 CBDT’s e-Dispute Resolution Scheme:The Central Board of Direct Taxes (CBDT) has recently enabled the procedure for its e-Dispute Resolution Scheme, 2022 (e-DRS) via a press release dated 30-Aug 2024, in line with Section 245MA of the Income-tax Act, 1961 (IT Act).Earlier
- [Learn Everything About Tax System & Taxation in India](https://steadfastconsultants.in/tax-planning-strategies-that-help-you-pay-less-in-taxes-in-2022-2023/) - LEARN EVERYTHING ABOUT TAX SYSTEM & TAXATION IN INDIA Home LEARN EVERYTHING ABOUT TAX SYSTEM & TAXATION IN INDIA Every government’s important and greatest source of revenue comes from taxes. Tax revenue is used by the government for a number of initiatives aimed at advancing the country. In India, the central government, state governments, and
- [Indian Union Budget 2024 - SBC Update](https://steadfastconsultants.in/indian-union-budget-2024-sbc-update/) - Indian Union Budget 2024 - SBC Update Home Indian Union Budget 2024 - SBC Update 1. Roadmap for pursuit of Viksit BharatMacro Fiscal Cues:• Inflation – Low and stable, moving towards the 4% target. Core inflation (non-food, non-fuel) at 3.1%.• Total Receipts – Estimated at ₹32.07 lakh crore(excluding borrowings).• Total Expenditure – Estimated at ₹48.21
- [GST Amnesty Scheme U/S 128A](https://steadfastconsultants.in/gst-amnesty-scheme-u-s-128a/) - GST Amnesty Scheme U/S 128A Home GST Amnesty Scheme U/S 128A The Financial Bill released on July 23, 2024, introduces a significant new provision Section 128A to the Central Goods and Services Tax (CGST) Act. This section specifically addresses the waiver of interest or penalties, or both, related to demands raised under Section 73 of
- [VSVS 2.0: Reintroducing the Vivad Se Vishwas Scheme in Union Budget 2024](https://steadfastconsultants.in/vsvs-2-0-reintroducing-the-vivad-se-vishwas-scheme-in-union-budget-2024/) - Reintroducing the Vivad Se Vishwas Scheme in Union Budget 2024 Home > Reintroducing the Vivad Se Vishwas Scheme in Union Budget 2024 Introducing Vivad Se Vishwas Scheme, 2024 Executive Summary Key Features of the Direct Tax Vivad Se Vishwas Scheme ( DT VSVS), 2024 Scheme Overview:The Direct Tax Vivad Se Vishwas Scheme, 2024 (DT VSVS 2024
- [GST Update – 54th GST Council Meeting Recommendations](https://steadfastconsultants.in/gst-update-54th-gst-council-meeting-recommendations/) - GST Update – 54th GST Council Meeting Recommendations Home > GST Update – 54th GST Council Meeting Recommendations The 54th GST Council met inter alia made the following recommendations relating to changes in GST tax rates, measures for facilitation of trade and measures for streamlining compliances in GST. 1. List of Services to be added to RCM: RCM
- [Place of Supply of Data  Hosting Services](https://steadfastconsultants.in/place-of-supply-of-data-hosting-services/) - Place of Supply of Data Hosting Services Home > Place of Supply of Data Hosting Services CBIC vide Circular No. 232/26/2024GST dated 10th September 2024, addresses the issue in relation to the place of supply for data hosting services provided by service providers in India to cloud computing companies abroad. The trade industry have requested guidance on
- [Safe Harbour Rules - Indian Transfer Pricing Regulations](https://steadfastconsultants.in/safe-harbour-rules-indian-transfer-pricing-regulations/) - Safe Harbour Rules - Indian Transfer Pricing Regulations Home > Safe Harbour Rules – Indian Transfer Pricing Regulations India’s Transfer Pricing Safe Harbour Regime: An Overview Overview of the Indian Safe Harbour RegimeThe Indian Safe Harbour Regime was established in response to escalating instances of transfer pricing audits and disputes. Introduced under the Finance (No.2) Act
- [Compounding of Offences Under FEMA Act 1999](https://steadfastconsultants.in/compounding-of-offences-under-fema-act-1999/) - Compounding of Offences Under FEMA Act 1999 Home > Compounding of Offences Under FEMA Act 1999 Understanding of FEMA & Compounding of Offences The Foreign Exchange Management Act (FEMA) of 1999 is the primary legislation governing foreign exchange transactions in India, ensuring adherence to international financial regulations. When violations occur, they can lead to penalties or legal actions.
- [Direct Tax Vivad Se Vishwas Rules, 2024 (DTVSV 2.0) notified](https://steadfastconsultants.in/direct-tax-vivad-se-vishwas-rules-2024-dtvsv-2-0-notified/) - Direct Tax Vivad Se Vishwas Rules, 2024 (DTVSV 2.0) notified Home > Direct Tax Vivad Se Vishwas Rules, 2024 (DTVSV 2.0) notified Notification No. 104/2024, F. No. 370142/16/2024-TPL Scheme Introduction and effect date The DTVSV offers taxpayers a simplified way to resolve outstanding income tax disputes. The scheme aims to ease the burden on taxpayers and expedite
- [Extension in timeline for holding General Meetings through Video Conference or Other Audio Visual Means](https://steadfastconsultants.in/extension-in-timeline-for-holding-general-meetings-through-video-conference-or-other-audio-visual-means/) - Extension in timeline for holding General Meetings through Video Conference or Other Audio Visual Means Home > Extension in timeline for holding General Meetings through Video Conference or Other Audio Visual Means SBC X ARP ADVISORYThe Ministry of Corporate Affairs (“MCA”) vide its General Circular No. 09/2024 dated September 19, 2024 has granted an extension in timeline
- [Supreme Court Landmark Ruling on Safari Retreats Case – Our Preliminary Analysis](https://steadfastconsultants.in/supreme-court-landmark-ruling-on-safari-retreats-case-our-preliminary-analysis/) - Supreme Court Landmark Ruling on Safari Retreats Case – Our Preliminary Analysis Home > Supreme Court Landmark Ruling on Safari Retreats Case – Our Preliminary Analysis The eagerly anticipated judgment in the Safari Retreats Private Limited case case has finally been handed down by the Supreme Court of India. This landmark ruling has significant implications for
- [Condonation of delay in filing return of income](https://steadfastconsultants.in/condonation-of-delay-in-filing-return-of-income/) - Condonation of delay in filing return of income Home > Condonation of delay in filing return of income Summary:This Circular addresses the condonation of delays in filing income tax returns claiming refunds and carry forward of losses under Section 119(2)(b) of the Income-tax Act, 1961 (IT Act).The Circular supersedes all earlier guidelines issued by the Central Board of Direct Taxes (CBDT)
- [GST Update on Renting Residential and Commercial property](https://steadfastconsultants.in/gst-update-on-renting-residential-and-commercial-property/) - GST Update on Renting Residential and Commercial property Home > GST Update on Renting Residential and Commercial property Is Rental Income from Property Taxed under GST?According to the provisions of the Act, a transaction is subject to GST only if it involves a supply. The Renting of Property, whether Residential or Commercial, falls under the definition
- [Transfer Pricing Insights: A Deep Dive into Inter-Company Agreements (ICAs)](https://steadfastconsultants.in/transfer-pricing-insights-a-deep-dive-into-inter-company-agreements-icas/) - Transfer Pricing Insights: A Deep Dive into Inter-Company Agreements (ICAs) Home > Transfer Pricing Insights: A Deep Dive into Inter-Company Agreements (ICAs) Inter-company agreements (ICAs) serve as crucial legal documents governing transactions within Multinational Enterprise (MNE) groups. These agreements delineate rights and obligations for various intra-group arrangements of the MNE, including the exchange of goods, services, loans, and
- [Amendment to Companies Rules - Streamling Norms For Holding-WOS Cross-Border Mergers](https://steadfastconsultants.in/amendment-to-companies-rules-streamling-norms-for-holding-wos-cross-border-mergers/) - AMENDMENT TO COMPANIES RULES: STREAMLING NORMS FOR HOLDING- WOS CROSS-BORDER MERGERS Home > AMENDMENT TO COMPANIES RULES: STREAMLING NORMS FOR HOLDING-WOS CROSS-BORDER MERGERS The Ministry of Corporate Affairs (MCA) vide its notification dated September 09, 2024 has introduced a sub-rule (provided below) which is effective from September 17, 2024 to further amend the Companies (Compromises, Arrangements
- [Digitization of Customs Bonded Warehouse Procedures](https://steadfastconsultants.in/digitization-of-customs-bonded-warehouse-procedures/) - Digitization of Customs Bonded Warehouse Procedures Home > Digitization of Customs Bonded Warehouse Procedures Background –The Central Board of Indirect Taxes and Customs (CBIC) has introduced several digitized processes to improve the ease of doing business in Customs Bonded Warehouses. This report outlines the major enhancements through the Warehouse Module on the Indian Customs Electronic Gateway (ICEGATE) portal.
- [SBC Guide for GST Amnesty Scheme (Section 128A)](https://steadfastconsultants.in/sbc-guide-for-gst-amnesty-scheme-section-128a/) - SBC Guide for GST Amnesty Scheme (Section 128A) Home > SBC Guide for GST Amnesty Scheme (Section 128A) CGST ACT, 20171. INTRODUCTIONSection 128A has been introduced in the Central Goods and Services Tax Act, 2017, vide the Finance Act, 2024, effective from November 1, 2024, based on recommendations from the GST Council’s 53rd meeting held on June
- [SBC_GST Annual Returns for the FY 23-24](https://steadfastconsultants.in/sbc_gst-annual-returns-for-the-fy-23-24/) - SBC_GST Annual Returns for the FY 23-24 Home > SBC_GST Annual Returns for the FY 23-24 Introduction-As per Sec 44 of the CGST Act, 2017, Every registered person, other than specified persons shallfurnish an annual return (GSTR-9) and a self-certified reconciliation statement (GSTR-9C) annuallybefore 31st December of the following financial year. Form Applicability Annual Return
- [AP Industrial Development Policy](https://steadfastconsultants.in/ap-industrial-development-policy/) - AP Industrial Development Policy Home > AP Industrial Development Policy IntroductionAndhra Pradesh’s strategic location and long coastline have fostered a strong trade ecosystem, with major ports connecting India’s interior to global markets.Andhra Pradesh used digitization and key reforms to streamline industrial approvals, achieving the top spot in India’s “Ease of Doing Business” rankings by the Department for
- [GST Rate changes and clarifications post 54th GST council meeting](https://steadfastconsultants.in/gst-rate-changes-and-clarifications-post-54th-gst-council-meeting/) - Rate Changes and Clarifications as per 54th GST Council Meeting Home > Rate Changes and Clarifications as per 54th GST Council Meeting IntroductionThe 54th GST Council meeting introduced key changes to improve the efficiency, accessibility, and responsiveness of the GST system. These changes include:Tax Rate Adjustments: Revising rates across sectors to encourage growth and balance government
- [AP Integrated Clean Energy Policy 4.0](https://steadfastconsultants.in/ap-integrated-clean-energy-policy-4-0/) - AP Integrated Clean Energy Policy 4.0 Home > AP Integrated Clean Energy Policy 4.0 IntroductionIndia’s government has set ambitious climate goals in line with its Nationally Determined Contributions (NDCs), aiming to install 500 GW of renewable energy (RE) capacity by 2030. A key part of this effort is the “National Green Hydrogen Mission” launched in 2023, targeting
- [Supreme Court’s Ruling on DRI Officers as ‘Proper Officers’ for Issuing SCNs](https://steadfastconsultants.in/supreme-courts-ruling-on-dri-officers-as-proper-officers-for-issuing-scns/) - Supreme Court’s Ruling on DRI Officers as ‘Proper Officers’ for Issuing SCNs Home > Supreme Court’s Ruling on DRI Officers as ‘Proper Officers’ for Issuing SCNs IntroductionThe Supreme Court examined a series of legislative, administrative, and judicial developments regarding the authority of officers like the Directorate of Revenue Intelligence (DRI) to issue Show Cause Notices (SCNs) under
- [AP Policy for Establishment of Private Industrial Parks with ‘Plug and Play’ Industrial Infrastructure (4.0) 2024-29](https://steadfastconsultants.in/ap-policy-for-establishment-of-private-industrial-parks-with-plug-and-play-industrial-infrastructure-4-0-2024-29/) - AP Policy for Establishment of Private Industrial Parks with ‘Plug and Play’ Industrial Infrastructure (4.0) 2024-29 Home > AP Policy for Establishment of Private Industrial Parks with ‘Plug and Play’ Industrial Infrastructure (4.0) 2024-29 IntroductionThe Government of Andhra Pradesh (GoAP) prioritizes industrial growth to drive economic progress, generate employment, and attract significant investments, leading to a
- [Rule 86B: The Most Ignored but Important GST Provision You Need to Know](https://steadfastconsultants.in/rule-86b-the-most-ignored-but-important-gst-provision-you-need-to-know/) - Rule 86B: The Most Ignored but Important GST Provision You Need to Know Home > Rule 86B: The Most Ignored but Important GST Provision You Need to Know RULE 86B-Restrictions on use of amount available in electronic credit ledger In cases where –₹50 Lakh ThresholdApplies if monthly taxable supplies (excluding exempt/zero-rated) exceed ₹50 lakh.99% ITC
- [FIXED ASSETS Physical Verification and Tagging](https://steadfastconsultants.in/fixed-assets-physical-verification-and-tagging/) - FIXED ASSETS Physical Verification and Tagging Home > FIXED ASSETS Physical Verification and Tagging OfferingsAsset Auditing & TaggingFollows Floor-Book &Book-Floor methods to achieve the Asset Audit outputsFAR CreationCreation of the New FAR with the info available with client. Which could help their final audit processInvoice or Document DigitalizationTake control over all the document via digitizing
- [Key Rate Changes and Amendments Following the 55th GST Council Meeting](https://steadfastconsultants.in/key-rate-changes-and-amendments-following-the-55th-gst-council-meeting/) - Key Rate Changes and Amendments Following the 55th GST Council Meeting Home > Key Rate Changes and Amendments Following the 55th GST Council Meeting 1. Rate Decreased: S No. Goods/Services Before (Rate/Condition) After (Rate/Condition) 1 Fortified Rice Kernels 18% 5% 2 Gene therapy to treat life-threatening diseases Taxable Exempted 3 Food items going into preparation
- [Carbon Credit trading scheme Updated 2025](https://steadfastconsultants.in/carbon-credit-trading-scheme-updated-2025/) - Carbon Credit trading scheme Updated 2025 Home > Carbon Credit trading scheme Updated 2025 1. Understanding Carbon Trading and India’s Bold Step:Carbon trading is a market-driven mechanism that puts a price on carbon emissions, incentivizing industries to adopt cleaner practices. At its core, it revolves around carbon credits—tradable certificates representing one metric ton of reduced or removed carbon
- [The POSH Act: Ensuring Workplace Safety and Compliance](https://steadfastconsultants.in/the-posh-act-ensuring-workplace-safety-and-compliance/) - The POSH Act: Ensuring Workplace Safety and Compliance Home > The POSH Act: Ensuring Workplace Safety and Compliance Purpose of the PoSH Act, 2013:(Prevention of Sexual Harassment)Creating a Safe and Respectful Workplace: Key ProtectionsPreventing Workplace Harassment: Prevents sexual harassment at the workplace and ensures a safe work environmentLegal Framework for Redressal: Establishes legal regulations to address and redress complaints effectivelyProtection of Fundamental Rights: Protects women’s fundamental
- [SBC TP Regulations New Income Tax Bill](https://steadfastconsultants.in/sbc-tp-regulations-new-income-tax-bill/) - India Transfer Pricing Regulations – Income Tax Bill, 2025 Key Insights Home > India Transfer Pricing Regulations – Income Tax Bill, 2025 Key Insights The India Union Budget 2025 and the Income Tax Bill 2025 collectively introduce comprehensive Transfer Pricing (TP) reforms, focusing on multi-year ALP determination, streamlined compliance, dispute reduction, and regulatory clarity to enhance tax administration
- [GST Update – 55th GST Council Meeting Recommendations](https://steadfastconsultants.in/gst-update-55th-gst-council-meeting-recommendations/) - GST Update – 55th GST Council Meeting Recommendations Home > GST Update – 55th GST Council Meeting Recommendations The council meeting held on December 21, 2024, thoughtfully addressed the long-awaited concerns and hopes expressed by taxpayersRecommendations with respect to Changes in rates1. GOODS1. Reduction of GST rate on Fortified Rice Kernel (FRK) to 5%2. Reduction
- [Mandatory Climate- Related Financial Disclosures For Australia: What You Need to Know](https://steadfastconsultants.in/mandatory-climate-related-financial-disclosures-for-australia-what-you-need-to-know/) - Mandatory Climate- Related Financial Disclosures For Australia: What You Need to Know Home > Mandatory Climate- Related Financial Disclosures For Australia: What You Need to Know Starting from January 1, 2025, Australia implemented mandatory climate-related financial disclosures for large businesses and financial institutions. This initiative aims to enhance transparency regarding how organizations manage climate-related risks and opportunities.Legislative FrameworkThe Treasury
- [NFRA Auditor and Audit Committee Communication Series - ECL](https://steadfastconsultants.in/nfra-auditor-and-audit-committee-communication-series-ecl/) - NFRA Auditor and Audit Committee Communication Series - ECL Home > NFRA Auditor and Audit Committee Communication Series – ECL OverviewThe National Financial Reporting Authority (NFRA) has initiated a series aimed at improving communication between statutory auditors and audit committees, with a focus on significant areas of accounting and auditing. The inaugural publication which was published on January
- [Key Valuation and Regulatory Insights on Acquiring a Tech Driven/R&D Company in India](https://steadfastconsultants.in/key-valuation-and-regulatory-insights-on-acquiring-a-tech-driven-rd-company-in-india/) - Key Valuation and Regulatory Insights on Acquiring a Tech Driven/R&D Company in India Home > Key Valuation and Regulatory Insights on Acquiring a Tech Driven/R&D Company in India When a buyer company acquires a research and development (R&D) driven business in India, the process involves much more than just assessing financial metrics.Beyond the traditional valuation methods,
- [ISD - Imput Service Distributor Under GST](https://steadfastconsultants.in/isd-imput-service-distributor-under-gst/) - ISD - Imput Service Distributor Under GST Home > ISD – Imput Service Distributor Under GST Definition and purpose of Input Service DistributorDefinitionAs per Section 2(61) of CGST Act, 2017, “Input Service Distributor (ISD)” means an office of the supplier of goods or services or both which receives tax invoices towards the receipt of input services, including
- [Indian Transfer Pricing Update: CBDT Amends Safe Harbour Rules](https://steadfastconsultants.in/indian-transfer-pricing-update-cbdt-amends-safe-harbour-rules/) - Indian Transfer Pricing Update: CBDT Amends Safe Harbour Rules Home > Indian Transfer Pricing Update: CBDT Amends Safe Harbour Rules Key Changes in Safe Harbour Rules as per the CBDT NotificationExecutive Summary SBC TP Update on the CBDT Amendments to Safe Harbour Rules vide Notification No. 21/2025 dated March 25, 2025.The definition of core auto components under Rule
- [US Reciprocal Tariffs 2025](https://steadfastconsultants.in/us-reciprocal-tariffs-2025/) - US Reciprocal Tariffs 2025 Home > US Reciprocal Tariffs 2025 1. BackgroundOn April 2, 2025, the United States government introduced sweeping reciprocal tariffs on global imports. Effective April 5, a 10% blanket duty came into effect, followed by country- specific rates from April 9. India now faces a 27% tariff, while countries like China (34%) and Vietnam (46%)
- [PAS-6 Reconciliation of Share Capital Audit Report (Half-Yearly)](https://steadfastconsultants.in/pas-6-reconciliation-of-share-capital-audit-report-half-yearly/) - PAS-6 Reconciliation of Share Capital Audit Report (Half-Yearly) Home > PAS-6 Reconciliation of Share Capital Audit Report (Half-Yearly) Introduction to Form PAS-6What is Form PAS-6?• A half-yearly audit report filed with the Registrar of Companies (ROC).• Introduced under Rule 9A(8) of Companies (Prospectus and Allotment of Securities) Rules, 2014 in 10th September 2018.• Certified by a
- [ITAT Delhi Ruling on Treaty Abuse Allegation and DTAA Benefits](https://steadfastconsultants.in/itat-delhi-ruling-on-treaty-abuse-allegation-and-dtaa-benefits/) - ITAT Delhi Ruling on Treaty Abuse Allegation and DTAA Benefits Home > ITAT Delhi Ruling on Treaty Abuse Allegation and DTAA Benefits Executive Summary:• The Delhi Tribunal, in a recent ruling, has decided in favour of Gagil FDI Ltd., a Cyprus-based investment holding company, granting exemption on capital gains and dividend income under the India-Cyprus Double Tax
- [Year-end GST Checklist Steps to Smooth Transition](https://steadfastconsultants.in/year-end-gst-checklist-steps-to-smooth-transition/) - Year-end GST Checklist Steps to Smooth Transition Home > Year-end GST Checklist Steps to Smooth Transition As FY 2024-25 ends, ensure a seamless transition to FY 2025-26 with these essential GST tasks.I. Outward Supplies: Get Your Records in OrderReconcile GSTR 1 with GSTR 3B & GST Returns with Books of accounts and rectify any mismatches between books
- [Complying with MSME Vendor Regulations in India](https://steadfastconsultants.in/complying-with-msme-vendor-regulations-in-india/) - Complying with MSME Vendor Regulations in India Home > Complying with MSME Vendor Regulations in India MSME Vendor Compliance Overview Timely Payment (Section 15, MSMED Act)Pay within 45 days from acceptance of goods/services or agreed date.Delayed payments attract 3x RBI bank rate interest (compound, monthly rests).Non-deductible interest under Income Tax Act.MSME Form I Filing (MCA Order,
- [Implications of Secondary Adjustment u/s 92CE](https://steadfastconsultants.in/implications-of-secondary-adjustment-u-s-92ce/) - Implications of Secondary Adjustment u/s 92CE Home > Implications of Secondary Adjustment u/s 92CE Implications of Secondary AdjustmentForesight for TaxpayersTaxpayers must adopt a forward-looking approach to manage secondary adjustment risks under Section 92CE. Any primary adjustment—whether voluntary, audit-driven, or arising from APA, Safe Harbour, or MAP—must be closely reviewed to identify “excess money” retained by foreign AEs. This
- [360° Fixed Asset Management](https://steadfastconsultants.in/360-fixed-asset-management/) - 360° Fixed Asset Management Home > 360° Fixed Asset Management Comprehensive Enterprise Solutions with SBC – FixTagFrom initial procurement to final disposal, including physical verification, precise tagging, reconciliation, capitalization, and robust compliance reporting— SBC + FixTag ensures your organization remains audit- ready and operates with maximum cost-efficiency.360° Fixed Asset ManagementCapitalization: Ensuring assets are correctly capitalized on books.Asset Tagging:
- [Transfer Pricing (TP) Compliance Developments in Mauritius - Finance Act 2025](https://steadfastconsultants.in/transfer-pricing-tp-compliance-developments-in-mauritius-finance-act-2025/) - Transfer Pricing (TP) Compliance Developments in Mauritius - Finance Act 2025 Home > Transfer Pricing (TP) Compliance Developments in Mauritius – Finance Act 2025 The Finance Act 2025 marks a major shift in Mauritius’s tax and transfer pricing (TP) landscape. Section 75 of the Income Tax Act, which has long required related-party transactions to meet

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## Members

- [CA Gopika Purnima](https://steadfastconsultants.in/sbc-team/ca-gopika-purnima/) - Profile Assistant Manager – Direct Tax & Litigations
- [CA Mithilesh Sai Sannareddy](https://steadfastconsultants.in/sbc-team/mithilesh/) - Profile Mithilesh has over 15 years of management and consultancy experience in assisting clients on Taxation, Transfer Pricing, Regulatory matters, Advisory and Litigation. Mithilesh’ s expertise and experience include Transfer Pricing – Advisory, Documentation, Representation, filing Advance Pricing Agreements (APA- Bilateral and Unilateral) Applications and related assignments, Global Transfer Pricing Review for MNEs, Planning & Implementation of BEPS three-tier documentation, International Tax Inbound
- [Sanjeeb Dey](https://steadfastconsultants.in/sbc-team/sanjeeb-dey/) - Profile Director – Audits, SBC & CO | Internal Audit & Risk Advisory | GRC & Compliance Leader. Sanjeeb Dey is a seasoned Governance, Risk, and Compliance (GRC) professional with nearly two decades of extensive experience across Internal Audit, Risk Advisory, Enterprise Risk Management (ERM), Governance, Risk & Compliance (GRC), ESG, and Compliance Services. He
- [CA Lohitha Priya B](https://steadfastconsultants.in/sbc-team/ca-lohitha-priya-b/) - Profile Senior Consultant – Virtual CFO Services
- [CA Praveen Gorige](https://steadfastconsultants.in/sbc-team/ca-praveen-gorige/) - Profile Assistant Manager – Direct Tax & Litigations
- [CA Priyanka Bajaj](https://steadfastconsultants.in/sbc-team/ca-priyanka-bajaj/) - Profile Manager – Transfer Pricing India
- [CA Ruchita](https://steadfastconsultants.in/sbc-team/ca-ruchita/) - Profile Manager – Corporate Tax
- [CA Shubham Gupta](https://steadfastconsultants.in/sbc-team/ca-shubham-gupta/) - Profile Manager – Corporate Tax
- [CA Sumanth Aitha](https://steadfastconsultants.in/sbc-team/ca-sumanth-aitha/) - Profile Senior Manager – Outsourcing
- [CA Kapil Sethi](https://steadfastconsultants.in/sbc-team/ca-kapil-sethi/) - Profile Partner – Taxation
- [CFA Vikram Sharma](https://steadfastconsultants.in/sbc-team/cfa-vikram-sharma/) - Profile Partner – IP Valuations
- [CA Sudheer Polana](https://steadfastconsultants.in/sbc-team/ca-sudheer-polana/) - Profile Sudheer Polana is a dynamic tax professional with a specialization in transfer pricing litigation and advisory. With three years of focused experience, Sudheer’s core competency lies in assisting multinational enterprises (MNEs) operating in India with tax controversy management, including transfer pricing, international taxation, and business taxation. Leveraging his litigation experience, Sudheer identifies potential risks in tax, transfer pricing
- [CA Rajesh Vaishnav](https://steadfastconsultants.in/sbc-team/ca-rajesh-vaishnav/) - Profile Rajesh Vaishnav, a seasoned partner at Steadfast Business Consulting LLP, brings over a decade of dynamic expertise to the Indian Tax & Regulatory landscape. With a keen focus on Indian & UAE Income-tax compliance, Rajesh navigates and advises on intricate domains of International Tax, Withholding Tax, FEMA, and FDI-related advisory. Rajesh, previously with a Big4 firm, specializes in
- [CA Naveenkumar Kabraa](https://steadfastconsultants.in/sbc-team/ca-naveenkumar-kabraa/) - Profile Naveen worked at senior level roles across many organizations over his 18 plus years of experience. He begun his carrier with Price Waterhouse Coopers in Assurance division in India and the UK. Later he moved in to mainstream finance with companies like Damac Properties, Drake and Scull, Al Nasr Contracting LLC. In the last 4 years Naveen has
- [CA Nandhini Priya](https://steadfastconsultants.in/sbc-team/ca-nandhini-priya/) - Profile Nandhini is a result-driven and detail-oriented Chartered Accountant specializing in Direct Taxation (DT) litigation. With over three years of experience, she has successfully resolved intricate tax disputes for both individuals and corporations, consistently achieving favorable outcomes within the Indian regulatory landscape. Her deep expertise spans various forums, including Jurisdictional Assessing Officers, the Commissioner of Income Tax (Appeals), and the Income
- [CA Harshith Reddy](https://steadfastconsultants.in/sbc-team/ca-harshith-reddy/) - Profile Harshith Reddy is a Chartered Accountant, with an expertise in wide array of financial domains, including auditing, taxation, Goods and Services Tax (GST), as well as Transfer Pricing and International Taxation. With a robust educational foundation with a Master’s degree in Commerce. Harshith has enhances his skills through practical experience, navigating the complex landscapes of accounting and tax principles
- [Gowtam Krishna Kanduri](https://steadfastconsultants.in/sbc-team/gowtam-krishna-kanduri/) - Profile Gowtham Krishna Kanduri brings over 5 years of specialized expertise in transfer pricing and international tax to our team. He is known for his vibrant enthusiasm and dedication to the field, demonstrated through his deep understanding of transfer pricing nuances across advisory, compliance, and litigation realms. Gowtham has played a pivotal role in both pre-merger and post-merger compliance
- [CA Deepthi Mathur](https://steadfastconsultants.in/sbc-team/ca-deepthi-mathur/) - Profile Deepti possesses over 17 years of experience, including nearly 10 years in Transfer Pricing, specializing in Corporate Tax, Tax Assessments at various forums, Financial Analysis and Reporting, assurance, and advisory services for multinational entities. As the Leader of Audit and Assurance she focuses on statutory tax compliances. Deepti possesses over 17 years of experience, including nearly 10 years
- [CA Balaram Vuchidi](https://steadfastconsultants.in/sbc-team/ca-balaram-vuchidi/) - Profile Balaram started his career with Price Waterhouse Coopers in 2003 and then worked with KPMG Dubai in 2006 & then in Deloitte India office till 2012. Later Joined Lamprell Energy Ltd, Dubai in 2012 for 3 years till May 2015.He is a well accomplished trainer on Value Added Tax (VAT) for UAE Region . He has
- [CA Swathi Koppoji](https://steadfastconsultants.in/sbc-team/ca-swathi-koppoji/) - Profile Swathi Koppoji is a qualified Chartered Accountant and a member of the Institute of Chartered Accountants of India (ICAI). She possesses deep expertise in global transfer pricing benchmarking, enabling her to deliver high-value insights for multinational enterprises. With a robust foundation in accounting, audit and assurance, and taxation, she has consistently demonstrated her ability to navigate complex financial landscapes. She
- [CA Yogeswara Rao Kavuri](https://steadfastconsultants.in/sbc-team/ca-yogeswara-rao-kavuri/) - Profile Mr. Yogeswararao K is a qualified Chartered Accountant and an Associate Member of the Institute of Chartered Accountants of India (ICAI). He possesses a strong foundation in finance, accounting, and taxation, enabling him to provide strategic financial guidance Known for his analytical approach, Mr. Yogeswararao is committed to delivering value-driven solutions that enhance business performance and ensure regulatory compliance.
- [CA Harsha Vardhan](https://steadfastconsultants.in/sbc-team/ca-harsha-vardhan/) - Profile Harsha Vardhan, a seasoned Chartered Accountant (CA), possesses a wealth of experience spanning auditing, compliance, taxation, and financial reporting. With an unwavering commitment to precision and an acute attention to detail, Harsha specializes in upholding stringent auditing standards, meticulously evaluating internal financial controls, and offering strategic recommendations to optimize organizational processes. His extensive background equips him with the expertise
- [CA Jaswanth Raju](https://steadfastconsultants.in/sbc-team/ca-jaswanth-raju/) - Profile CA Jaswanth Raju, an accomplished Chartered Accountant (CA), brings extensive expertise in indirect taxation, compliance, and advisory services. With a deep understanding of Goods and Services Tax (GST) and other indirect tax laws, Jaswanth ensures businesses navigate complex tax structures with efficiency and compliance. Specializing in tax strategy, compliance audits, and litigation support, he assists clients in optimizing their
- [CA Sri Alekhya](https://steadfastconsultants.in/sbc-team/ca-sri-alekhya/) - Profile Alekhya is a distinguished GST professional with extensive expertise in compliance, litigation, and advisory services. With a deep understanding of GST laws and regulations, she empowers businesses to achieve full compliance while strategically optimizing their tax positions. Her industry-wide experience spans GST registration, return filing, input tax credit (ITC) reconciliation, and effectively handling notices from tax authorities. Renowned
- [CA Phani Durga Sai Teja](https://steadfastconsultants.in/sbc-team/ca-phani-durga-sai-teja/) - Profile Phani Durga Sai Teja is a Chartered Accountant with three years of article experience, focusing on audits and tax compliance. During his articles, he conducted statutory audits, and Tax Audits for Manufacturing & Service sector handled retainer work, along with managing monthly compliance for both direct and indirect taxes& Labour compliances. Currently, as a Senior Consultant in VCFO& Audit
- [CA Avinash Tolani](https://steadfastconsultants.in/sbc-team/ca-avinash-tolani/) - Profile Avinash Possesses over 9 years of comprehensive expertise in process and control reviews, project management, internal audit, and process improvement. Demonstrated ability to manage overall engagement metrics for top clients, identifying opportunities, building proposals, and successfully converting revenue, totaling INR 12 million over 2 years. Skilled in preparing and presenting internal audit reports and cost-saving opportunities to C-Suite management
- [CA Satish Kumar Golakoti](https://steadfastconsultants.in/sbc-team/ca-satish-kumar-golakoti/) - Profile Satish has more than Six years (Including Internship) experience as a auditing professional and is a qualified Chartered Accountant. He worked for several years as Senior for EY India with the assurance team and he specializes in independent financial statement audits and has led multiple audit engagements of large and complex. Satish Skills Include Core audits of financial
- [Krishna Tungam](https://steadfastconsultants.in/sbc-team/krishna-tungam/) - Profile Krishna Tungam stands as a stalwart in the realm of financial expertise, boasting an impressive tenure spanning over a decade. With a multifaceted skill set that encompasses accounting, audit, assurance, compliance, and labor affairs, he has earned a reputation for excellence in his field. His adeptness in nurturing strong client relationships and consistently delivering insightful solutions has made him
- [CA Sunny Jain](https://steadfastconsultants.in/sbc-team/ca-sunny-jain/) - Profile CA Sunny Jain, Partner in the firm, has rich and diverse professional experience of over 15 years to his credit. After obtaining his Bachelor’s degree in Commerce from the University of Delhi, he qualified as chartered accountant in year 2008. He has obtained Diploma in Information Systems Audit (‘DISA’), Diploma in Insurance Risk management ( DIRM) and specializations/ certification
- [CA Manish Manderatta](https://steadfastconsultants.in/sbc-team/ca-manish-manderatta/) - Profile Mr. Manish is an experienced tax consultant and has been a member of the Institute of Chartered Accountants of India with a varied experience of around 12 years and has been focused on providing tax and regulatory services to big corporate players with a particular emphasis on direct taxation.He served in the field of corporate taxation for more
- [CA Rupesh Reddy](https://steadfastconsultants.in/sbc-team/ca-rupesh-reddy/) - Profile Rupesh Reddy brings over 5 years of expertise in delivering holistic solutions in Indirect Taxation, Compliance, Virtual CFO services, and labor law matters to clients across diverse sectors. His key areas of proficiency include: Rupesh possesses a wealth of expertise in GST regulations, encompassing various aspects such as reviews, refunds, compliance, and impact assessments. His leadership shines through
- [CA Rishi Agrawal](https://steadfastconsultants.in/sbc-team/ca-rishi-agrawal/) - Profile Rishi Agrawal is a seasoned Chartered Accountant with 18+ years of professional experience and worked over 200+ deal advisory engagements including sell-side, buy-side and due diligence assignments covering a range of industries in India and the Middle East. Rishi started his career with PwC India and worked with PwC India, PwC Middle East for more than 10+ years. He
- [Manish Bajaj](https://steadfastconsultants.in/sbc-team/manish-bajaj/) - Profile Manish Bajaj is a seasoned Chartered Accountant and the Managing Partner of Mumbai Branch of SBC With over two decades of experience in the financial services sector, including leadership roles at PwC, Edelweiss, and Credit Suisse, Manish brings a unique combination of corporate insight and entrepreneurial acumen. He has advised numerous startups and growth-stage businesses in streamlining their financial operations,
- [CA Balakrishnam Voruganti](https://steadfastconsultants.in/sbc-team/ca-balakrishnam-voruganti/) - Profile Balakrishnam possesses over 13 years of experience in assisting clients on Auditing, Taxation, Shared Service Center Setup, Outsourcing assignments, Business Analysis, System Study and Setup, Management Reporting, Financial Reporting, Accounting systems and Procedures, Business redesigning in accordance with effective internal controls. Balakrishnam was previously associated with Big 4 in Audit department and handled Statutory Audits, Tax Audits and Inventory
- [CA Preeti Reddy](https://steadfastconsultants.in/sbc-team/ca-preeti-reddy/) - Profile Preeti has over 10 years of experience in Valuations & Financial Modelling, Financial Planning & Analysis, Accounting & Variance Analysis and Virtual CFO services. Preeti has handled vast clientele engaged in Technology, Industrial, Financial Services and FMCG industries. Preeti is specialized in providing valuation services to both global clients and clients in India covering entire spectrum of Valuations
- [Raja Vure](https://steadfastconsultants.in/sbc-team/raja-vure/) - Profile Raja Vure is a seasoned Chartered Accountant with 18 years of professional experience. His expertise spans across various domains including areas of finance, corporate legal, domestic and international taxation. Has expertise in Taxation (Direct, Indirect, and International), Financial planning and implementation, Corporate Structuring, Inbound/Outbound Structuring, Compliance Management, Cross Border Transactions, SEZ advisory and implementation. He had worked with KPMG, where he
- [Ravi Kiran Vadlamani](https://steadfastconsultants.in/sbc-team/ravi-kiran-vadlamani/) - Profile Ravi possesses over 25 years of experience, including nearly 13 years with Big4 firms, specializing in public accounting, assurance, and advisory services for multinational SEC registered Foreign Private Issuers. As the Leader of Audit, Assurance and Outsourcing, he focuses on accounting standards implementation, ICFR (COSO framework), financial statements preparation, and periodic report assistance. Ravi previously worked at Deloitte LLP in

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## Tags

- [Compliances](https://steadfastconsultants.in/tag/compliances/)
- [Transfer Pricing](https://steadfastconsultants.in/tag/transfer-pricing/)
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