Tax Compliances and Litigation

For a business, tax compliance is extremely critical. Having prompt and accurate tax compliance prevents businesses from getting audit queries and avoid litigation. We are at Carbonx pioneer in Tax Compliances and handling litigation for our clients.

Need precision in your financial processes?

Majorly, there are two tax laws in India – Income Tax and GST. Our Team has collective experience of over 30+ years in handling Income Tax and GST litigation.

We render these services across length and breadth of India and are recognized for remarkable results we have delivered over the period.

The broad services in this segment are

Focus on Core Activities

Tax Audit Advisory Services
Compliance Due date alerts
Special Audit Advisory Services
Tax Litigation – Commissioner (Appeals), Tribunal, Search and Seizure Cases
Valuation Services
TDS/TCS compliances
Transfer Pricing Compliances

Goods and Services Tax

Advisory Services
Litigation Support Services
GST Compliance Services – Filing of GST Returns etc.
HSN/SAC Classification Services

Purpose and Benefits of ESG Reporting

Transparency and Accountability

ESG reporting enhances transparency by providing stakeholders with clear information about the company’s non-financial performance. This promotes accountability and trust.

Risk Management

By disclosing ESG data, companies can identify and manage risks related to environmental, social, and governance issues more effectively. It helps in anticipating regulatory changes, operational disruptions, and reputational risks.

Investor Relations

Many investors are increasingly considering ESG factors in their investment decisions. ESG reporting allows companies to attract responsible investors, demonstrate long-term value creation, and potentially access sustainable finance options.

Enhanced Reputation

Companies with strong ESG performance and transparent reporting can enhance their reputation among customers, employees, regulators, and communities. It showcases a commitment to sustainable practices and ethical behavior.

Benchmarking and Comparison

Standardized ESG reporting frameworks (such as GRI, SASB, TCFD) enable benchmarking and comparison across companies within the same industry. This allows stakeholders to assess relative performance and identify leaders in sustainability.

Strategic Decision-Making

ESG data provides insights that can inform strategic decision-making, helping companies align their business goals with societal expectations and long-term sustainability trends.

Frameworks and Standards for ESG Reporting

Several frameworks and standards exist to guide companies in ESG reporting, including:

Global Reporting Initiative (GRI)

Provides comprehensive guidelines for sustainability reporting, covering economic, environmental, and social dimensions.

Sustainability Accounting Standards Board (SASB)

Focuses on industry-specific sustainability standards that are financially material to investors.

Task Force on Climate-related Financial Disclosures (TCFD)

Offers recommendations for voluntary climate-related financial disclosures, helping companies assess and disclose climate-related risks and opportunities.

International Integrated Reporting Council (IIRC)

Promotes integrated reporting that links financial and non-financial information to provide a more holistic view of the company’s performance.

01. Data Quality and Availability

Ensuring the accuracy, reliability, and completeness of ESG data can be challenging, especially for global operations with diverse data sources.

02. Complexity and Standardization

The diversity of reporting frameworks and standards can lead to complexity and inconsistency in ESG disclosures, making comparisons difficult.

03. Stakeholder Expectations

Meeting the evolving expectations of stakeholders, including investors, regulators, customers, and employees, requires ongoing adaptation and improvement in ESG reporting practices.

Challenges of ESG *Reporting

In summary, ESG reporting plays a crucial role in demonstrating a company’s commitment to sustainable and responsible business practices. It helps build trust, manage risks, attract investment, and drive long-term value creation while contributing to broader societal and environmental goals.

Hear What Our Clients Say

Trusted by Leaders, Proven by Results

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Game-changing expertise, allowing us to focus on growth. Exceptional service, highly satisfied.

John Smith CEO of TechSolutions Inc.

Streamlined bookkeeping, saved time and money. Highly recommend to small businesses.

Emily Davis Owner, GreenLeaf Retail

Exceptional audit insights, improved compliance and financial health. Unmatched professionalism.

Michael Brown CFO, HealthCare Associates

Optimized non-profit financial management, dedicated to our mission. Wonderful experience.

Lisa Chen Executive Director, FutureNonProfit