Chambers Review
Provided by Chambers
Tax - India
What the Team is Known For
CMS INDUSLAW is a pan-Indian tax practice which focuses on both direct and indirect tax matters. On the direct tax side, the team has expertise in transactions and venture capital funding, while in indirect tax the firm is well versed in GST issues and has represented clients before the CESTAT against negative orders. The firm's clients includes domestic and foreign entities in various sectors such as pharmaceuticals, mining and telecommunications.
Strengths
The firm has in-depth knowledge and expertise in tax matters.
Work Highlights
The firm acted on behalf of Phoenix Games in providing tax structuring advice regarding its USD9.8 million acquisition of PopReach Games.
Notable practitioners
Lokesh Shah is head of the direct tax practice at CMS INDUSLAW. He frequently advises domestic and international clients regarding the tax aspects of M&A and transfer pricing issues. In addition he represents clients in litigation before the tax authorities.