Case Studies
Real results for real businesses. See how our CA team helped clients save taxes, resolve compliance issues, and structure for growth.
Manufacturing Firm Saves Rs 47 Lakh in Annual Tax Through Entity Restructuring
Problem
A Rajkot-based manufacturing company with Rs 12 Cr turnover was paying excessive taxes due to an inefficient business structure. Multiple proprietorship firms were running under different family members without proper consolidation.
Solution
We restructured the business into a Private Limited Company with proper holding structure, implemented Section 80-IAC benefits for the new R&D division, optimised depreciation claims, and set up proper inter-company transfer pricing.
Result
Rs 47 lakh annual tax savings with full compliance
Textile Exporter Recovers Rs 23 Lakh Blocked ITC Through Proper Documentation
Problem
A textile exporter was unable to claim Rs 23 lakh of Input Tax Credit that had been blocked due to mismatches in GSTR-2A/2B reconciliation. Multiple vendor invoices were not reflecting in the GST portal.
Solution
We conducted a complete vendor-wise ITC reconciliation, identified 47 vendors with filing discrepancies, coordinated with each vendor for corrections, filed rectification applications, and established an automated monthly ITC matching system.
Result
Full Rs 23 lakh ITC recovered within 4 months
EdTech Startup Secures DPIIT Recognition and Rs 1.2 Cr Angel Tax Exemption
Problem
A Ahmedabad-based edtech startup had raised Rs 2.5 Cr from angel investors but faced an angel tax demand of Rs 1.2 Cr under Section 56(2)(viib) due to valuation disputes. The founders also lacked proper compliance structure.
Solution
We obtained DPIIT recognition for the startup, prepared a DCF valuation report supporting the share premium, filed for angel tax exemption under the Startup India scheme, set up proper board governance, and implemented a cap table management system.
Result
Complete Rs 1.2 Cr angel tax exemption secured
NRI Family Regularises Rs 3.8 Cr in Non-Compliant Property Transactions
Problem
An NRI family based in the USA had acquired agricultural land in Gujarat through family members and made several property transactions over 8 years without proper FEMA compliance. They faced potential penalties of up to 3x the transaction value.
Solution
We conducted a complete audit of all property transactions, prepared a voluntary disclosure and compounding application to RBI, restructured property holdings to comply with FEMA Section 6(5), and set up a compliant repatriation structure for rental income.
Result
Full regularisation with minimal compounding fee of Rs 4.5 lakh
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