Company Sale
- Gagan Flours, a sick unit, wanted to dispose-off the company with all assets and liabilities in as-is-where condition.
- After presenting the financial structure and hidden strengths, the client could negotiate for an adequately high price.
- Further, reduced the tax liabilities through restructuring the company.
Sale of land of a real estate developer client
- Metro Builders, a real estate development company, disposed off an old agricultural land.
- The nature of the land was established as capital asset and not stock of the company and were able to save tax, through systematically and legally presenting the land sale as capital gains and not business income.
Doctors working in corporate hospitals
- Two high paying doctors, were able to design their contract as professional (business) income and not salary, for their services in the hospital.
- Thereby legitimately, claiming business deductions of interest, depreciation, and office expenses.
- Continued to save large amounts of tax through intelligent tax planning.
Family Restructuring
- Pagariya family, started as a modest 4 brothers' family business.
- Today grown to a large group with 20-30 members and multiple businesses, all intermingled and entwined over years of dis-organized growth.
- After streamlining and allocating business and family assets amongst the members, there were tax savings and all were happy, as well.
Accounting process - restructuring
- Sanjaykumar & Co, with growth in business, wanted structured accounting, inventory and MIS.
- Once the accounting structure was revamped and automated sales, banking and book-debts management systems were introduced, it led to lower inventory, better book-debt management, resulting in interest saving on bank loans.