Established in 2011, Amicus started as a boutique transfer pricing firm headed by its founder, Ashutosh Mohan Rastogi. Since then, it has expanded to offer a full range of corporate and commercial legal services with five partners and 20 other fee earners. The firm’s tax practice, though still best recognised for its transfer pricing expertise, has become an end-to-end purveyor of all taxation areas ranging from direct tax and international tax to GST. Clients come from the financial services and real estate sectors, and the firm has seen an uptick in its early-stage private equity work. Other key partners include corporate and PE specialist Shivi Rastogi, corporate partner Madhav Rastogi, litigation specialist Kinshuk Chatterjee and new real estate due diligence partner Yogesh Chaudhry.
Client feedback
“Very thorough.” – Real estate
“They describe very well and they respond to queries very quickly.” – Tax
“Amicus provides workable tax advice taking the business imperatives into account. A smart team of well-trained professionals who understand commercial as well as tax dynamics is their major strength. They are our one-stop shop for tax advice especially when it comes to international tax and transfer pricing.” – Tax
Garvit Gosain
“He provides timely and practical advice. He has quick turnaround times.”
Madhav Rastogi
“Very thorough.”
Work highlights
Secured a favourable win from the Delhi High Court for its client concerning reassessment proceedings initiated against a non-resident Indian.
Represented Angus Dundee India in challenging the tax department’s special valuation branch.
Assisted DE Diamond in securing a transfer pricing win before the Delhi Tax Tribunal.
Key clients
Dabur International, Ekatra Hospitality Ventures India, InfrasoftTech India.
Work highlights
Acted for DMI Finance’s equity fund raise of $400 million from investors led by MUFG Bank.
Represented JK Cement and JK Paints and Coatings on its acquisition of a 60% controlling stake in Acro Paints.
