Tax

DMD Advocates has a significant domestic and international tax practice. The firm provides a wide spectrum of tax services ranging from tax advisory, tax planning, tax controversy, and tax disputes across all areas of tax including direct, indirect, and international taxation. 

The firm has successfully represented clients in a number of tax litigations that have had the prominence of setting domestic as well as international jurisprudence on several direct and indirect tax issues, including, transfer pricing, indirect tax, permanent establishment and royalty.

Clients

Leading Indian & multi-national companies comprising several Fortune 500 companies, business groups, investment funds, banks & financial institutions, PSUs and start-ups.

Work highlights 

• Represented Vodafone Group, before the Supreme Court of India, in a $2.1 billion tax litigation that resulted in a landmark judgment in the field of tax treatment of international M&A.
• In the first litigation that India has seen on “Equalisation Levy”, DMD represented Mastercard Asia Pacific (a non-resident company) before the Delhi High Court, challenging the action of the tax department of levying both Income Tax and Equalisation Levy. 
• Represented Areva T&D India Ltd. at the Madras High Court wherein, the court held that a “slump exchange” is not liable to capital gains. The judgment can be cited as a precedent for a number of fundamental principles of law declared by the court while delivering the judgment on the core issue.