Manjit advisory 2010 2011
- 1. Our Clients Include (please email us for a complete list) Asset Reconstruction Company (India) LimitedConfidential – Only for the purposes of this proposal and includes clients of our consultancy Jeet Associates P Ltd)
- 2. Recent Assignments Include(please email us for a complete list) Advisory on how to value and restructure distressed assets. Performed such services for 16 companies (both listed and unlisted) that ARCIL were looking at.Advisory on determining their India entry strategy from a Corporate Structure, Financial and Taxation perspective.Advisory on and execution of their India entry strategy from a Corporate Structure, Financial and Taxation perspective.Preparation, submission and determination of Income Tax liability (TDS U/S 197) of Bangalore based firm in light of Karnataka High Court ruling in the Samsung case. Included submission and certification of Form 13. Preparation of Transfer Pricing study and intercompany services agreement.Confidential – Only for the purposes of this proposal and includes clients of our consultancy Jeet Associates P Ltd)
- 3. Recent Assignments Include(please email us for a complete list) Assistance in closure of Branch office for a company that had defaulted on all compliance matters with both the RoC and RBIPreparation of a submission to the Authority of Advance ruling regarding income tax liability of a Singapore based company that had been receiving license fee payments net off TDS but whose associated enterprise had a transfer pricing report prepared and was paying income tax in India. We used the SC judgment in the Morgan Stanley case and the SC judgment in the Samsung case to argue against deduction of TDS which should save Bubblemotion nearly USD 200,000 in penalties and taxes.Advisory services on possible Income Tax liability in India and best practices on how to minimize their liability using the DTAA and tax code to their benefit.Advisory services on possible Income Tax liability in India and best practices on how to minimize their liability using the DTAA and tax code to their benefit.Advisory services on possible Income Tax liability in India and best practices on how to minimize their liability using the DTAA and tax code to their benefit.Confidential – Only for the purposes of this proposal and includes clients of our consultancy Jeet Associates P Ltd)
- 4. Recent Assignments Include(please email us for a complete list) Presenting to IIFCL board on (a) the creation of a credit guarantee fund (recommended against it) and (b) on alternative strategies to achieve their mandate Engaged by the Noida Toll Bridge Company Limited (LSE/AIM stock code NTBC) to conduct a comprehensive financial consultancy encompassing all aspects of the financial structuring of NTBCL, including that from the perspective of lenders and investors. Mandate included updating the financial model based on existing financial models, and, best practices internationally. Advisory services on Human resource and payroll related compliance issuesForensic audit to determine level of misappropriation by top management of the India office of Greece’s largest kitchen equipment manufacturerConfidential – Only for the purposes of this proposal and includes clients of our consultancy Jeet Associates P Ltd)