OTOAI to raise TCS issue in association with JMP Advisors

The Voice of Chandigarh News :

OTOAI has engaged JMP Advisors for the TCS issue.

JMP Advisors will represent OTOAI to the concerned ministries and CBDT along with the OTOAI team.

JMP Advisors is a leading professional services firm that offers advisory, tax and regulatory services.

JMP Advisors offers advice in international taxation, domestic taxation, transfer pricing, mergers and acquisitions, Goods and Services Tax (GST), business laws and exchange control regulations and foreign investment consulting. They specialize in fiscal strategy, policy foresight and advocacy matters and are also trusted advisors to high networth families.

Jairaj (Jai) Purandare, the Founder Chairman has over three and half decades of experience in tax and business advisory matters and is an authority on tax and regulation in India. Jai was Regional Managing Partner, Chairman – Tax and Country Leader- Markets & Industries of PricewaterhouseCoopers India. Earlier, Jai was Chairman of Ernst & Young India and Country Head of the Tax & Business Advisory practice of Andersen India.

They have a team of qualified professionals with wide-ranging experience across various functions. Their team takes pride in being the best at what matters most to clients – technical expertise, innovative solutions, consistent, high quality service, reliability and ease of doing business. JMP Advisors aspires to be the best as measured by the quality of its people and service to clients.

JMP Advisors has been consistently recognised as a leading Tax firm in India in the International Tax Review (Euromoney) World Tax Directory for all successive years since incorporation, including in the World Tax and Transfer Pricing 2023 Directory.

JMP Advisors is a member of a large international network of highly experienced tax firms specialized in international tax, transfer pricing and indirect tax which provides high quality, practical and creative international tax advice on a worldwide basis. Currently, the network is present in over 40 countries including Australia, Canada, France, Germany, Hong Kong, Italy, Japan, Mauritius, Singapore, Netherlands, UAE, U.K. and USA.

Accolades
• Recognised as a leading Tax firm in India in the International Tax

We are also collectively trying to seek an appointment with the honourable Tourism and Finance Minister to apprise them in detail about how this is a revenue-loss proposition for the government.

The Representation letter sent to the Ministry and CBDT is attached herewith for your reference.