Mr Shahid Khan > Kochhar & Co. > New Delhi, India > Lawyer Profile

Kochhar & Co.
Kochhar & Co. Suite # 1120 -21
11th Floor, Tower - A, DLF Towers, Jasola District Center, Jasola
NEW DELHI
110 025
India

Work Department

  • Taxation

Position

Senior Partner

Career

Shahid is a Senior Partner and Heads the Direct Tax practice in the Firm. He is a former Indian Revenue Service officer and has worked with the Indian Income Tax Department in various capacities. Immediately prior to joining the Firm, he was a Member of Central Board of Direct Taxes, the highest policy and decision-making body for income tax matters in the Government of India (GOI).

During his tenure of nearly 40 years with the Income Tax Department, he was recognised for his extensive knowledge of Indian tax laws, his efforts to modernise the department and his contribution towards framing policy related to critical income tax issues including international tax issues. He also has the experience of acting as an appellate authority on tax matters. Shahid was also associated with training senior officials of the Tax Department, many of whom are presently at the level of Commissioners and Additional Commissioners.

He has been an integral part of several policy making committees of the GOI and has also assisted tax departments of neighbouring countries such as Nepal and Bangladesh on tax policy and modernisation issues.

Shahid regularly advises leading multinational clients (including Fortune Global 500 companies) of the Firm on cross-border investment and transaction structures and planning around the group intellectual property assets. His focus areas include:

  • Analysis and interpretation of India’s Tax Treaties (“DTAA”) with different countries to provide efficient solutions for tax related structuring
  • Analysis of risks relating to arrangements being construed as Permanent Establishment in India, and devising possible ways to mitigate / minimise the same
  • Tax implications of ‘indirect transfers’ of Indian assets and related tax withholding issues
  • Evaluation of viable tax efficient route for cross border mergers and acquisitions, including issues relating to General Anti Avoidance Rules
  • Analysis and advice on transfer pricing issues and related aspects of arm’s length pricing
  • Advice relating to Withholding tax issues under India’s domestic tax laws, and India’s Tax treaties with various countries
  • Devising solutions for tax-effective repatriation and exit arrangements, and
  • Structuring Salary, perquisites, and ESOP etc. of expatriate employees for minimising Indian tax liabilities

Shahid also represents Firm’s multinational and domestic clients before the Authority of Advance Ruling, Income Tax Appellate Tribunal, and High Courts.

Languages

English, Hindi

Memberships

  • MS (Fiscal Studies) University of Bath (UK) 1989
  • LL.B, Bhopal University, 1986

Education

  • B.E, University of Roorkee, 1971

Lawyer Rankings

India > Tax

Praised for having a ‘single support system for all tax related issues‘ the tax practice at Kochhar & Co. is well regarded for its counsel on international tax treaties, the withholding taxes and tax disputes. On the direct tax front, the team regularly advise its clients on mitigating tax withholding, tax effective repatriation and exit arrangements under double taxation avoidance agreements. In addition, the team’s advisory also encompasses the tax elements of M&A transactions and indirect tax. The team also routinely advises its clients on GST-related matters. Shahid Khan  oversees the direct tax matters and draws on more than 40 years of experience. The ‘meticulous and practicalReena Khair heads the indirect tax side of the practice. Senior associate Shreya Dahiya remains a key name in the team.