Values
We continually strive to generate deep understanding of client’s business and identify key drivers of value creation
We work collaboratively with client to convert our understanding into valuable solutions
We assist client in implementing the solutions that create value for them
Consistently delivering valuable solutions create long lasting relationship, enabling deeper understanding and delivering better solutions
About Us
In a very short span of time, NNMS has created it’s position as one of the well known tax and transaction advisory firm. Our tax practice offers services across both direct (including transfer pricing) and indirect taxes covering in it’s ambit entire spectrum of transactional, advisory and litigation work. NNMS has the experience of having assisted some of the largest global conglomerates on a complex and high stake matters that encompass not only legal advisory but also in-depth strategic planning. Our tax team comprising of professionals with diverse expertise, which include not only chartered accountants but also lawyers and company secretaries.
Mukesh Shah is a founder partner of NNMS & Co., a fellow member of ICAI and bachelor of law. He has also completed CISA (ISACA) and DISA (ICAI).
Mukesh has been advising various MNCs on Indirect Tax and FEMA matters for more than 21 years. He is regularly appearing before Commissioner Appeals and CESTAT on behalf of clients.
Mukesh has also been involved in implementing and testing of SOX and IFC in India, US and Japan.
Deepak Jain, a fellow member of ICAI, qualified CS and a bachelor of Law, is partner of NNMS.
Deepak’s area of interest is Statutory & Internal Audits, he has also gained experience in ERP implementation, IFC and Business Process study/Re-engineering. Deepak has done business process risk and control analysis for several fortune companies since more than 11 years.
Deepak has also performed several Financial and tax due diligences and provided successful pre-investment review support to safeguard the interest of investors.
Infrastructure
- Office in the IT hub of India – Bengaluru;
- 55 seater office with 24/7 operation capability;
- Advanced technologically with scalable servers and cloud data storage facilities;
- Library and e-database for in-house research;
- Multiple Transfer Pricing databases for ALP benchmarking;
- In house Conference-cum-training facility for up to 40 members;
- Multi-user software licenses for book keeping, payroll services;
- Subscriber to the latest tax and legal developments reporting journals in India;
- Online tool for tracking work progress and latest developments on every assignments;
Skill Set
- More than 35 member team (multi-disciplinary professionals – CAs, CS and Lawyers);
- 15 qualified chartered accountants;
- Contributing articles and lectures on tax matters;
- Team trained on weekly basis on contemporary issues;
- Actively engaged in associations and chambers involved in representing industries;
- Internally developed database on Income Tax and GST for instant access on reported Cases, AARs, notification and circular relevant on each Provision of the law;
- Business process re-engineering capabilities to minimise effort/time and maximise compliance with optimum resource utilisation;
Services
Direct Tax
Indirect Tax
Audit & Assurance
Business Support
Updates
Contact Us
No. 180, 2nd & 3rd Floor, Mahaveer Arcade,
2nd Main Chamarajpet, Bangalore - 560018
Ph : +91-80-35694969, 70
[email protected]
We have received your request. We will get back to you as soon as possible.
NNMS’s direct tax expertise covers all aspects of domestic and international tax matters including transfer pricing. NNMS’s transfer pricing services offer solutions across industries with the focus on not only a comprehensive analysis but also on assisting clients in planning their transfer price. We are uniquely positioned due to our added ability to advice on trade and customs including valuation to be adapted under customs.
We support clients on tax advisor and litigation in the area of Income tax, Corporate taxation, International Taxation, Transfer Pricing, Personal Taxation, Capital Gains, Tax Structuring and Trust Taxation.
NNMS assists and represents clients in both adjudication as well as appellate proceedings. We handle cases from the stage of appearing before tax officers right up-to the Supreme Court (through the associated law firm).
- We represent clients at various stages and forums of direct tax disputes;
- Drafting and filing appeals, stay petitions, SLPs, miscellaneous petitions, submissions and pleadings;
- Appearing in hearings at all stages of the case;
- Domestic Tax advisory including corporate tax, capital gains, withholding tax, etc.
- Tax Treaty advisory;
- Inbound and outbound structuring;
- Exchange policy and foreign investments;
- Investment and capital structuring;
- Tax compliance & dispute assistance (litigation support);
- Transfer pricing study and documentation;
- Inter-company transfer pricing policies for all international transactions;
- Analysing existing transfer pricing policies to ascertain how these should be streamlined to meet the changing economic environment;
Indirect tax practice has transitioned itself from prior regime taxes namely Excise, Customs, Service Tax, VAT / CST to Goods and Service Tax. NNMS has assisted various MNCs, to transition successfully and efficiently into the new regime. NNMS makes available it’s expertise on various matters of indirect taxes, right from advising at transaction level up to setting up best business processes and practices to make the business most tax compliant and optimized, with minimum cost and errors. NNMS also advises clients on Foreign Exchange Regulations, Foreign Trade Policy and Export Control and Trade Sanctions. Our experience includes advising clients across sectors and countries.
With years of experience in the field of Indirect Tax Advisory and Litigation, NNMS brings to the table a dedicated and experienced team of professionals comprising of advocates and chartered accountants to provide high quality support, advice and assistance under the new GST regime.
- We represent clients at various stages and forums of indirect tax disputes;
- Assistance in representing before the tax authorities and appellate authorities on disputed matters;
- Assistance in representation before the Authority of Advance Ruling;
- Assistance in preparation of technical submissions/appeal strategy;
- Advisory, transaction structuring & support services including analysis of sourcing, procurement and distribution models and advice on best practices to be incorporated in the supply chain from a GST efficiency perspective;
- Due diligence & optimisation study for building tax efficiencies and determining potential tax saving opportunities;
- Comprehensive support on resolving tax issues related to cross border transactions;
- Advisory and opinions on various indirect tax aspects including contract review;
- Departmental Assessment and Audit representation services;
- GST audit and certification services;
- Registration and return submission, compliance assistance;
- Assistance in SVB clearance;
- Assistance in refund of taxes for Exporters;
- Assistance in evaluating Tax / FTP benefits for eligibility and feasibility;
With years of experience in the field of Audit and Attestation, NNMS brings to the table a dedicated and experienced team of professionals with vast knowledge across industries to provide audit and attestation services.
NNMS has successfully implemented Internal Financial Controls for various MNCs within and outside India. Trained team of experts assist many MNCs in testing of the controls at regular intervals.
NNMS also assists in due diligence and pre-investment advisory
- Financial Statements’ Attestation;
- Various certifications required under Direct and Indirect Taxes;
- Internal Audit;
- SOX Implementation and testing services;
- Internal Finance Controls and testing services;
- Financial and Tax due diligence, pre-investment review support;
- Business process review and re-engineering services;
- Risk management and cost – cutting advisory;
NNMS offers expert book keeping and payroll management services at the fraction of cost of maintaining a full fledge In-house Team.
NNMS offers End-to-End services in India, such that, management can ensure segregation of duties and focus only on business without worrying about tax compliance.
NNMS brings the expert knowledge of Taxation and Litigation, to assists management in decision making and controlling business in India. NNMS also supports in drafting and negotiating terms of contracts, agreements.
- Accounting and Payroll Support
- Withholding tax compliance and filing support
- MIS – Financial matters
- Assistance in project costing and pricing strategy
- Profession Tax, PF, ESI and other labour law compliance
- Pre-audit review and assistance