Shashidhar Jayaraman
Overview
Today, organisations operate in a volatile business environment and are required to adhere to several tax compliances. Often differing positions with regulators could lead to litigations.
For a business to effectively manage tax litigations, efficient storing and tracking of data in a structured format, especially historic data, is pivotal. However, keeping up with the changing regulations, court rulings and other data related to tax litigations is challenging. Moreover, people-dependent processes frequently lead to errors and delays, which could result in additional cost liabilities to an organisation.
Designed to capture journey of tax-based litigations and improvement of litigation strategy, our digitally secure platform provides stakeholders with a comprehensive tax litigation overview, reporting financial impacts such as contingent liability reporting for tax, tax consultant management and tax notice management. The Tax Research solution powered by TAXMANN© allows users to access an extensive database of case laws and real-time tax updates. This application serves as a digital platform for handling all tax litigation-related processes like notices, replies, proceedings, fines and closures.