Tax
Economic Laws Practice acts for domestic and multinational corporations spanning a diverse array of sectors, including, metals, pharma, real estate, and technology, on the full range of contentious and non-contentious tax issues. Under the joint leadership of Rohit Jain and Nishant Shah, the group expertly handles both direct and indirect taxation matters, including advising on tax optimization strategies, transfer pricing, GST mandates, and customs disputes. Kumar Visalaksh has significant experience handling indirect and direct tax litigation, while Harsh Shah, described by clients as ‘one of the best in the profession,’ focuses his practice on indirect tax, including GST, customs, and foreign trade policy matters.
Testimonials
Collated independently by Legal 500 research team.
‘One of the best teams in tax across locations. They have a great advisory practice which compliments their strengths in litigation. The quality of the preparation and strategic advice is exemplary.’
‘They have a good grasp of the regulations and they suggest innovative structures to optimise for tax exposures.’
‘Kumar Visalaksh excels on all fronts, be it people and team, diversity, technology, or collaboration.’
‘Kumar’s ability to quickly read through intricate facts and tax provisions and formulate the way forward/approach on a matter is outstanding. He brings clear thinking and diligence on matters he does. Kumar perhaps is one of those few who effortlessly straddles between tax advisory and litigation. As a client that is reassuring.’
‘Economic Laws Practice is one of the most taxpayer / client-friendly law firms. Multiple teams and individuals with vast experience in their respective fields are available for consultation, guidance, planning, implementation and legal support. None of the other firms come anywhere close to it.’
‘ELP's tax team are one of the best. Updated with all the relevant changes and amendments in laws, it is the best partner a business can have. Having worked with numerous professionals in the field of law in multiple firms, I find ELP's team members a class above the others.'
- 'Harsh Shah is knowledgeable and well-equipped with all updates in his domain. He goes to the root of the problem and understands all issues before replying to queries and problems. He is one of the best in the profession.'
- 'Rohit Jain has a ready solution for most of the issues and difficulties faced in matters relating to tax. He has been a dependable partner in our business. There is hardly any professional who can compare with Rohit in knowledge, evaluation, conceptualization, strategizing and tax planning.’
Key clients
- Tata Advanced Systems Limited
- Gems and Jewellery Export Promotion Council
- Flipkart Private Limited
- Johnson & Johnson Private Limited
- JSW Steel
- Bharti Airtel Ltd
- Otis Elevator Company (India) Ltd.
- Tata Consultancy Services
- Standard Chartered Bank
- The Confederation of Real Estate Developers' Associations of India - Maharashtra Chamber of Housing Industry
- Allana Group
Work highlights
- Assisted the gems & jewellery sector in formulating SOP guidelines for the entire industry from a tax and regulatory perspective.
- Strategic tax advisory to Tata Advanced Systems on the manufacturing of indigenous aircraft.
- Secured a victory for Bharti Airtel in the Supreme Court of India, successfully representing it in defending against the imposition of sales tax on SIM cards it sells.
Lawyers
Practice head
The lawyer(s) leading their teams.
Rohit Jain, Nishant Shah