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  1. Tax: Mumbai
  2. Leading individuals: India

Leading individuals: India

Nishith Desai Associates advises clients such as Chartis Insurance UK, Vodafone, 
Standard Chartered and Marriott International on high-end tax matters. It also recently 
advised two international banks on developing 
cross-border structured financial products, 
and acted for a leading US-based private 
equityfund in global restructuring. This is a 
‘top-notch’ team in which the key figures are 
Bijal Ajinkya and founding partner
Nishith Desai.

Economic Laws Practice’s ‘excellent’ tax team is led by managing partner Rohan Shah. Its 
clients include Diageo, Zee Entertainment Enterprises, J V Gokal and Tata Communcations, as well as new clients such as the International Association of Drilling Contractors. Vikram Nankani and Rohit Jain are recommended.

ALMT Legal recently advised an Indian company on service tax and excise issues 
relating to the transformation of high-tension-electricity into low-tension electricity. It also 
acted for the Indian subsidiary of a Swiss multinational on numerous excise issues. 
Aliff Fazelbhoy and Statira Ranina are recommended.

DM Harish & Co advises both domestic and international companies as well as individuals on tax matters.

Khaitan & Co. advised the promoters of Andhra Pradesh Paper Mills on structuring 
the tax-efficient sale of their 53.5% stake in the 
company to US-based buyer, International Paper Company. The team also advised Philips Carbon Black on setting up a joint venture in Vietnam. Daksha Baxi, Sanjay Sanghvi and Nihal Kothari are recommended.

A.R.A. LAW is praised for its funds-structuring practice as well as its transfer-pricing expertise.

Amarchand & Mangaldas & Suresh A. Shroff & Co advises corporate clients on a variety of tax-related matters.

Crawford Bayley & Co has a strong practice in indirect tax.

DSK Legal has substantial experience contesting tax investigations for a variety of clients.

Notable recent work for the team at 
Gagrats includes advising the Jumbo Group 
on direct taxation matters. The group also 
advised a number of Indian corporates on tax issues pertaining to demergers.

JBSS & Co’s key clients include Origin Corporation.

Kanga & Co’s M L Bhakta is recommended for advice on tax matters.

Lakshmikumaran & Sridharan’s V Sridharan excels on service tax matters, and works in conjunction with the firm’s tax teams in other offices.

Majmudar & Co advised JDA Software Group on offshore and onshore tax issues regarding the amalgamation of its India operations into i2 Technologies India. It also
advised Drayton Capital on establishing a 
wine trading investment fund. The recent 
arrival of Ravishankar Raghavan from Ernst & Young deepened the practice.

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