We provide deep-dive tax due diligence services covering Direct and Indirect Tax domains Income Tax, GST, TDS, Transfer Pricing, and more. Our chartered accountants review all tax filings, assessments, and correspondence with authorities to detect any hidden or underreported exposures.

We go beyond surface-level checks and verify tax positions, compliance history, and litigation risks. This includes analyzing past income tax returns, scrutiny assessments, pending appeals, tax provision adequacy, related-party transactions, and any red flags that could lead to future liabilities.

For indirect taxes like GST, our team evaluates the accuracy of ITC claims, tax payments, reverse charge mechanism, classification issues, and compliance with returns, e-way bills, and reconciliations. We also assess risks related to departmental audits or anti-evasion actions.

Our findings are compiled into a comprehensive Tax Due Diligence Report highlighting risk areas, materiality, potential financial exposure, and recommendations for mitigation. This report becomes an important negotiation tool for both buyers and sellers, and is often relied upon by investors and legal advisors.

We tailor the scope of due diligence based on the transaction size, industry, and specific focus areas. Whether it’s a pre-deal scan, buyer-side diligence, or seller-side health check, we bring strategic insights backed by compliance depth.

• Scrutinizing past filings, compliance, notices, and exposure

• Evaluate open cases, demands, and disputes with authorities

• Reconciliation, ITC accuracy, liability mapping & RCM issues

• Testing inter-company transactions for compliance and audit risk
• Validating adequacy of tax provisions and disclosure consistency
• Executive summary + detailed risk matrix for decision-makers
• Suggest tax-efficient models to integrate or re-structure the business

We don’t believe in one-size-fits-all auditing. At Pawan Lohia & Associates, every Risk-Based Internal Audit begins with an in-depth understanding of your business model, industry dynamics, and regulatory exposure. Our team collaborates closely with your internal stakeholders to prioritize risk areas, define scope, and execute detailed audits with a strategic lens.