The Challenge
The company had filed its income-tax return under the legacy corporate tax regime, without evaluating the pros and cons of the newer regimes available to corporate taxpayers.
What We Did
We walked management through each available regime and its trade-offs, then ran a detailed cost–benefit analysis of switching.
The Outcome
The analysis showed the new regime would deliver annual tax savings of INR 7 million. The company revised its return and locked in the benefit.