Back to rankings
India
1

Tax

Shardul Amarchand Mangaldas & Co logo

Shardul Amarchand Mangaldas & Co

More information
Excelling in the tax aspects of M&A and a broad range of commercial matters, including business restructuring and succession planning, the tax team at Shardul Amarchand Mangaldas & Co advises some of the largest companies and financial institutions operating in India. Boasting expertise in international tax, tax disputes, and transfer pricing, and a key contact for foreign multinationals, Sanjiv Malhotra leads the team’s practice. The team is supported by Gouri Puri, an expert in tax aspects of M&A and the establishment of funds and investment structures. Puri is experienced advising foreign governments, financial institutions, and international non-profit companies on tax mandates.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team has provided exceptional support in navigating the complexities of Indian regulatory and tax frameworks. What sets this practice apart is their deep subject-matter expertise, particularly in Indian tax law, combined with a practical, solutions-focused approach that’s rare even among top-tier firms.'

  • 'Their ability to distil and communicate complex regulatory issues clearly and concisely has been instrumental in guiding our decision-making.'

  • 'They are consistently responsive, thoughtful, and highly engaged—regardless of the complexity or time sensitivity of the matter. Potential clients should know that they are not just hiring legal advisors, but gaining true partners who are deeply invested in the client’s success and long-term outcomes.'
  • 'The team stands out for its precision, speed, and reliability. They routinely anticipate challenges before they arise and work collaboratively with our team to address them.'
  • 'From a practice management perspective, they have also demonstrated thoughtful innovation in how they structure client service—striking a strong balance between partner involvement and associate execution.’

  • 'Their responsiveness and depth of knowledge are exceptional. They consistently go above and beyond to provide clear, actionable guidance under often challenging and shifting regulatory landscapes.'

Key clients

  • Shield AI
  • Continuum Green Energy (India) Private Limited
  • Carraro India Limited and Carraro International S.E.
  • Altimetrik Corp
  • Sona BLW Precision Forgings Limited
  • Eris Lifesciences Limited
  • Helena Special Investments, LLC
  • Saint Gobain
  • ChrysCapital
  • Nippon Paint Holdings Co., Ltd.
  • Bray Controls India Private Limited
  • Pawan Hans Limited

Work highlights

Acted as tax advisors to Shield AI in its strategic partnership with JSW Group, to manufacture Shield AI’s V-BAT, a Group 3 Unmanned Aerial System in India.
Advised Continuum Group on 5% concessional tax rate applicable to interest paid by Indian companies on non-convertible bonds.
Advised Carraro Group on the tax structuring for their IPO.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

Sanjiv Malhotra

Other key lawyers

Gouri Puri; Rajat Bose; Sanjuv Malhotra

Comparative Guides