Shahid Khan

Practice Areas

Taxation

Career

Shahid is a Senior Partner and Heads the Direct Tax practice in the Firm. He is a former Indian Revenue Service officer and has worked with the Indian Income Tax Department in various capacities. Immediately prior to joining the Firm, he was a Member of Central Board of Direct Taxes, the highest policy and decision-making body for income tax matters in the Government of India (GOI).

During his tenure of nearly 40 years with the Income Tax Department, he was recognised for his extensive knowledge of Indian tax laws, his efforts to modernise the department and his contribution towards framing policy related to critical income tax issues including international tax issues. He also has the experience of acting as an appellate authority on tax matters. Shahid was also associated with training senior officials of the Tax Department, many of whom are presently at the level of Commissioners and Additional Commissioners.

He has been an integral part of several policy making committees of the GOI and has also assisted tax departments of neighbouring countries such as Nepal and Bangladesh on tax policy and modernisation issues.

Shahid regularly advises leading multinational clients (including Fortune Global 500 companies) of the Firm on cross-border investment and transaction structures and planning around the group intellectual property assets. His focus areas include:

Analysis and interpretation of India’s Tax Treaties (“DTAA”) with different countries to provide efficient solutions for tax related structuring

Analysis of risks relating to arrangements being construed as Permanent Establishment in India, and devising possible ways to mitigate / minimise the same

Tax implications of ‘indirect transfers’ of Indian assets and related tax withholding issues

Evaluation of viable tax efficient route for cross border mergers and acquisitions, including issues relating to General Anti Avoidance Rules

Analysis and advice on transfer pricing issues and related aspects of arm’s length pricing

Advice relating to Withholding tax issues under India’s domestic tax laws, and India’s Tax treaties with various countries

Devising solutions for tax-effective repatriation and exit arrangements, and

Structuring Salary, perquisites, and ESOP etc. of expatriate employees for minimising Indian tax liabilities

Shahid also represents Firm’s multinational and domestic clients before the Authority of Advance Ruling, Income Tax Appellate Tribunal, and High Courts.