Tax specialist firm Nangia Andersen has recently diversified its offering beyond tax and transfer pricing to include other verticals such as ESG and advisory in the IT, defence, power, cybersecurity and forensics sectors. The team boasts over 800 professionals in India alone, and it is a member firm of Andersen Global in India. It has eight offices in Noida, New Delhi, Gurugram, Bengaluru, Mumbai, Chennai, Dehradun, and Pune. The team is led by chairman and founder Rakesh Nangia. He is an international tax and litigation specialist. Five new partners joined last year from various firms including Capgemini, KPMG and Grant Thornton.
Work highlights
Advised a healthcare-related business on corporate tax advisory in connection with key issues around the acquisition of business under the business transfer agreement on slump sale basis.
Acted for a HNWI on income tax implications on allotment of restricted units of US-based Limited Liability Corporation (LLC) against the services rendered and income received from various US LLCs.
Work highlights
Advised My Credit SpA on acquiring an ARC business in India.