Our Successfull Case Studies
Income Tax Return Preparation | Tax Advisory | Transfer Pricing | Notice Management
The ITR Department specializes in comprehensive income tax advisory, compliance, and planning services across diverse client profiles. Our expertise spans multi-entity group coordination, capital gains optimization, transfer pricing management, and tax controversy resolution. We have successfully managed complex tax positions for real estate groups, high-net-worth individuals, foreign subsidiaries, and multi-entity organizations—with particular strength in notice management, CIT appeals, and strategic tax planning.
Real Estate & Construction | Multi-Entity Groups
Client Structure: Multi-entity group (Partnership Firms, LLPs, Private Limited Companies)
Industry: Construction & Real Estate Development
Services Rendered: Income Tax Compliance | Notice Management | Tax Advisory
Scope of Engagement:
- Management of Income Tax notices and assessments across multiple group entities
- Compliance with Income Tax Department requirements and deadlines
- Identification and resolution of construction sector-specific tax issues
- Data compilation and preparation for submission to Income Tax Officers
- Strategic advice on tax positions and compliance strategies
Key Challenge Overcome: Management of voluminous documentation across multiple entities with highly compressed timelines. Required rapid and accurate compilation of records while maintaining regulatory compliance and strategic positioning with tax authorities.
Sector Knowledge Gained:
- Construction industry tax compliance challenges and regulatory nuances
- Multi-entity coordination within construction groups
- Notice response and tax authority engagement strategies
- Real estate-specific deductions and compliance requirements
Expertise Delivered: Multi-entity group tax coordination | Notice management and authority response | Construction sector tax advisory | Time-sensitive compliance delivery
Client Structure: Multi-entity group of construction companies
Industry: Real Estate & Construction
Services Rendered: Income Tax Returns | Tax Audit Reports | Capital Gains Planning | CIT Appeals | Notice Management
Operational Scope: Day-to-day financial management including tracker maintenance, financial preparations, and comprehensive group-wide tax compliance
Key Service Areas:
- Income Tax Return (ITR) preparation for multiple entities within the group
- Tax Audit Reports (Section 44AB) preparation and filing
- CIT (Commissioner of Income Tax) Appeals handling and documentation
- Income Tax notice responses and assessment management
- Capital gains exemption planning and optimization (Sections 54 & 54F)
- Strategic planning for multi-property transactions
Key Challenges & Complexities:
- Tax liability calculations across multiple entities with varying structure (Partnership, LLP, Company)
- Intergroup transfer management and proper transaction documentation
- Classification treatment of Residential Flats as Stock-in-Trade versus capital assets (major tax impact)
- Section 54 & 54F exemption optimization where multiple properties are sold but exemption claimed on single residential purchase
- Group-wide financial coordination and consolidated tracker maintenance
- Transfer pricing implications for intergroup transactions
Complexity Managed: Vibrant Group represents one of the most complex multi-entity tax scenarios—requiring simultaneous management of group-wide ITR filings, tax controversy positions, and strategic capital gains planning across multiple jurisdictions and entity types.
Expertise Delivered: Multi-entity ITR preparation | Capital gains optimization (54/54F) | Tax audit report filing | CIT appeals and notice management | Intergroup transaction analysis | Stock-in-Trade classification strategy | Group-wide financial coordination
