We are a firm of Chartered Accountants set up in 1955. Inspired by senior partner - Late Mr Anil Kamdar, we operate in an extremely professional environment and commit ourselves to the highest standards of technical knowledge in the areas of Foreign Exchange Laws, Income Tax and Corporate Laws.
We assist foreign companies in choosing an appropriate structure for their proposed operations in india. This could be a liaison office, branch office or a wholly owned subsidiary company in India. Our compliance team also assists them in maintaining these companies in India. We are a one stop shop - covering all aspects of operations - payroll processing, accounting, tax filings, transfer pricing etc for all foreign companies.
We advise Non-Residents Indians (NRI) on their financial affairs and the Foreign Exchange Management Act (FEMA). Our team of Chartered accountants specializes in assisting NRIs with their tax filings in India.
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Our team would assist you in evaluating best structure for your operations in India and due to years of experience, they possess expert knowledge on details of documentation and attestations required in India.
Setup Company in India
One of the simplest mode to set up your entity in India
Setup a liaison office in India
Outsource is one word solution to systematically run non-core activities
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As a NRI, you are liable to file tax returns in India if you..
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Outward investment is increasingly becoming one of the key..
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Advise on appropriate structure in India - Wholly owned subsidiary,
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Investment in Business in India directly and by floating offshore...
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Independent audit, tax and accounting firms, which brings together the expertise of some 6,000 professionals in over 300 locations around the world.
I have been with KDP about a year after I started Kangaroo Kids. It has been a relationship of over 25 years. That should speak volumes to anyone who is looking for a firm.
"Kamdar Desai and Patel (KDP) is a professional Chartered Accountant Firm having the skill sets to strategically navigate small family owned business to a large business. With the help of KDP, NHB Ball & Roller Ltd. has experience the continuous counselling for 3 generations in family restructuring, strategic positioning and accounting."
"It's been a pleasure working with the entire team of Treetop Advisors. You have been our audit and tax partner for Alternative Investment Funds, managed by us and our experience with you have been excellent. The accounting and tax knowledge which you possess in AIF’s is invaluable to us."
“The team at Kamdar, Desai and Patel has always been a great combination of speed and robustness. Be it routine accounting, tax advice on complex transactions or support in income tax scrutiny assessment, they have always been very resourceful and effective. We have had a great experience working with them!”
After working with KDP I realised the importance of great consultants in business to let you focus in the business. KDP went above and beyond to take care of our compliances, Accounting, Audit and giving us right guidance & advice throughout.
According to our tax experts, an amendment proposing to tax the buyback of shares in the recipient's hands is actually unconstitutional. Allow us to explain - an investor earned Rs 100, paid a tax 30, and invested the 70 in unlisted company shares. Later the company buys back these shares @ Rs 70. The newly proposed provisions propose to tax the entire 70 as dividends and give you the option to claim 70 as “capital loss”. The proposal is actually taxing you on the same amount that has already been taxed. This is a classic case of one income being taxed twice and is unconstitutional. Further, the tax payable now on this buyback would be at your max marginal rate (which can be as high as 39%) and allow you a capital loss claim at a much lower rate of 12.5 to 20%.
Category General , Posted on 10/8/2024
Read MoreCategory General , Posted on 8/22/2024
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