Vaish Associates Advocates

India

Analysis

Overview

Vaish Law is praised by peers and clients for its tax expertise. It is lauded by industry insiders as being one of the very few go-to firms for complex contentious tax matters. The firm’s forte is in direct tax, with years of experience in representing clients in domestic tax, international tax and transfer pricing issues. The practice group comprises lawyers and chartered accountants, and is led by partners Neeraj Jain, Rohit Jain and Kavita Jha. The group maintains a close working relationship with tax guru and senior advocate Ajay Vohra, a former partner of the firm. The firm is also recognised for its corporate and M&A practice, helmed by joint managing partners Bomi Daruwala and Vinay Vaish. Tax specialist Gaurav Jain left to set up his independent practice.

Client feedback

“The team has an excellent ability to understand intricate and complex accounting, financial and tax issues, and share practical solutions thereof along with strong acumen to represent tax cases before appellate forums.” – Tax

Vinay Vaish and Rohit Jain

“They both demonstrate excellent technical skills, interpersonal skills and have positive attitudes.”

Tax

Work highlights

Successfully represented multiple MNCs and foreign companies on being reassessed and having prior notices issued quashed. This was a landmark judgment by the Delhi High Court, as it allowed around 1,400 writ petitions filed by taxpayers to be quashed.

Acted for Amadeus IT Group on the constitution of permanent establishment (PE) and the attributions of profits to PE in India.

Successfully represented oil and gas giant BG International as the appellant before the court in relation to an issue involving the taxability of payments received for various services rendered by the client to its group company. The client received a favourable ruling.

Key clients

Amadeus, Aptiv, Continental, Eicher Motors, GE, Goodyear, GlaxoSmithKline, Hero MotoCorp, Hindustan Unilever, LG Electronics, Maruti Suzuki, Nestle