Ravi S. Raghavan
Partner, Tax and Private Client Group
Ravi S. Raghavan has more than 25 years of experience in corporate tax advisory work, business re-organizations, international taxation (investment and fund structuring, repatriation strategies, treaty analysis, advance rulings, exchange control regulations, FPI taxation), tax litigation services and other tax issues (including withholding taxes, capital gains tax, permanent establishment concerns, employee taxation, and tax holiday schemes).
Rankings & Credentials
- Investment Structuring and Repatriation Strategy
- Corporate Tax Advisory and Litigation
- Fund Formation
- Financial Services and Insurance
- Technology
- Pharmaceuticals and Life-Sciences
- B. Sc. (Chemistry), Guru Nanak Khalsa College, University of Mumbai
- LL. B., D. G. Ruparel College of Arts, Science and Commerce, University of Mumbai
- LL. M., D. G. Ruparel College of Arts, Science and Commerce, University of Mumbai
- Master of Management Studies, University of Mumbai
- India
- Bar Council of Maharashtra and Goa
- Friends of IBFD – International Tax Group
- International Tax Planning Professionals Group
Recent Transactions
- Advised Nippon Soda Co., Limited on complex Indian tax and structuring issues in relation to the launch of a business platform in India.
- Advised Grab, Inc., Singapore, on the tax aspects of establishing a limited liability partnership in India.
- Advised Builder Homesite, Inc. on tax structuring, intermediate holding company structures and transfer pricing issues in relation to acquisition of Indian entities.
- Advised Lumiata, Inc. on Indian transfer pricing and permanent establishment issues in relation to its Indian subsidiary.
- Advised Baidu (Hong Kong) Limited on tax issues in relation to the establishment of a subsidiary in India.
- Advised NantHealth Inc. on tax issues in relation to the sale of its Indian subsidiary to Allscripts Healthcare Solutions, Inc.
Articles
Delhi High Court rules on non-applicability of higher withholding tax rate
In the Air India Limited case, the Delhi High Court has, once again, reiterated that for payments made by an Indian tax resident to a non-resident, the Indian payor will be correct in applying the withholding tax rate prescribed under the double taxation avoidance...
New “Work From Home” rules in Special Economic Zones may lead to tax holiday disallowance
Download .pdf Recognizing the prevalence of flexible hybrid working models and taking into account industry demands, the Ministry of Commerce and Industry, Government of India, has introduced a new Rule 43A – “Work from Home” in the Special Economic Zones Rules, 2006...
Celebrating Income Tax Day – India
Download .pdf On the occasion of Income Tax Day, the firm's tax team, headed by Ravi S. Raghavan, has compiled noteworthy tax law changes and happenings over the last year. Retrospective application of Indirect Share Transfer provisions nullified Indian tax...
Mumbai Tribunal rules on non-taxability of offshore commission income in the Credit Suisse case
Download .pdf In a recent ruling, the Mumbai Bench of the Income-tax Appellate Tribunal (the “Tribunal”) has held that commission income earned by a non-resident distributor of mutual fund schemes of an Indian company cannot be taxed in India, if all the business...
Implications of “Return to Office” direction to SEZ units in Maharashtra
Download .PDF Amidst continuing uncertainty regarding the pandemic, the office of the Development Commissioner, Santacruz Electronic Export Processing Zone (“SEEPZ”) Special Economic Zone (“SEZ”) through an order dated March 22, 2022 (the “SEEPZ Circular”), has...
Delhi High Court’s interim order allows credit for equalisation levy in the Google case
Background Over the years, India has made significant changes to its domestic tax law to ensure that it receives its fair share of tax from the digital economy. Some of the changes include: the amendment of the definition of “royalty” in 2012; the introduction...