B.Com, A.C.A.

Jhankhana is a Chartered Accountant by profession. She has more than 14 years of experience in the field of Income tax – domestic as well as international tax. In the past, she has worked with big4 consulting firms, PwC and KPMG in their tax and regulatory services vertical, wherein her clientele comprised of listed companies, foreign companies, Indian subsidiaries of large multinationals and closely held companies.

Her area of experience includes domestic and international tax advisory and compliance, inbound/ outbound structuring, representation before income-tax authorities and conducting tax due diligences.  

She is a member of Bombay Chartered Accountant’s Society and Chamber of Tax Consultants. She has undertaken technical sessions and have contributed to research articles on various direct tax topics at her previous organizations. She was runner up in Kaun Banega Chatur Chankya 2.0 – a tax and general knowledge quiz competition organized by Pune branch of Western India Regional Council.

Her key expertise lies in:

• Advising on tax implications of cross border transactions
• Advising on various domestic tax issues and withholding tax applicability on proposed business transactions
• Investment Structuring (Inbound as well as Outbound) from Indian Tax and Regulatory perspective
• Representation for Tax Assessments/re-assessments and Appeals
• Non-resident/ Expatriate taxation
• Company Secretarial Support Services

Her key projects handled includes:

• Advising on tax implications of various domestic tax issues such as availability of tax incentives/holidays, allowability of various business expenses (capital vs revenue), deemed dividend transactions, ICDS impact analysis, etc.
• Advising on tax and regulatory implications of various cross border transactions such as taxation of software purchase, networking charges, cloud services, management fees, Permanent Establishment exposure analysis, etc.
• Tax compliance support and handling tax assessments/re-assessments of listed companies, Indian subsidiaries of large multinationals and closely held companies
• Inbound and outbound investment structuring including advising on holding company jurisdiction for various MNC’s, funding mix – debt vs equity, etc
• Drafting of appeals and representation before the appellate authorities
• Briefing legal counsels for representation before the higher appellate authorities
• Advised MNCs on suitable form of presence in India such as Project office, Liaison office, Branch office, Wholly Owned Subsidiaries (WOS) or Limited Liability Partnership (LLP) highlighting their tax and regulatory implications
• Conducted tax due diligences