# A multi-year tax plan for a promoter with income across securities, alternative funds, and foreign assets Case study · Structuring & Tax An individual with income from salary, capital gains, AIFs, PMS, foreign assets, and unlisted investments had always filed one year at a time, without a plan that looked across years. ₹50mn Tax exemptions structured within a single financial year, about US$550,000 6 Income streams brought into one plan Multi-year Planning horizon in place of year-by-year filing ## The situation A high-net-worth individual earned income from salary, listed and unlisted securities, alternative investment funds, portfolio management services, and assets abroad. Each stream had been dealt with separately when returns were filed, with no view across years of when gains would arise or which exemptions could be used. ## The challenge - Gains across several asset classes, each with its own holding periods and rates - Pass-through income from alternative investment funds, characterised in different ways - Foreign assets and income with separate disclosure obligations - Exemptions with conditions and deadlines that required decisions before transactions, not after ## What we did We built one view of every holding, expected realisation, and income stream over several years, and modelled the tax outcome of different sequences of sales and reinvestments. The plan set out which exemptions were available, the conditions and deadlines attached to each, and the order in which transactions should happen. It was implemented with documentation for each position, and foreign asset reporting was brought fully up to date. ## The impact - INR 50 million, about US$550,000, of tax exemptions structured within a single financial year - A plan that anticipates realisations instead of reacting to them - Complete and consistent reporting of foreign assets and income Client details are anonymised, and some facts are generalised to protect confidentiality. **Industry** [Private Wealth](https://soniassociates.in/industry-family-enterprises) **Capability** [Corporate Structuring & Tax](https://soniassociates.in/service-corporate-structuring) **Geography** India, with assets abroad **Duration** Multi-year engagement **Standards and frameworks** Capital gains · Exemptions · Foreign asset reporting ## More client impact [All client impact](https://soniassociates.in/case-studies) Family Enterprises · Structuring & Tax ### [Designing a clean-slate structure for a new agri-tourism group with four distinct business lines](https://soniassociates.in/case-agri-tourism-entity-structuring) 4 Business lines, each taxed differently Technology · Financial Reporting ### [Rebuilding an expected credit loss model for a listed IT services company with US$855 million in receivables](https://soniassociates.in/case-ecl-model-listed-it-services) US$855mn Gross trade receivables covered by the model Energy & Infrastructure · Financial Reporting ### [Converting a six-SPV renewable energy platform to IFRS-converged Ind AS, entity by entity and on consolidation](https://soniassociates.in/case-ind-as-conversion-renewable-platform) 6 SPVs converted to Ind AS at the same time ## Facing a comparable situation Describe it in a few lines. We will say whether we are the right firm to help. [Contact us](https://soniassociates.in/contact?topic=structuring-tax) [LinkedIn](https://www.linkedin.com/in/in-aditya/) --- Soni Aditya & Associates, Chartered Accountants. Office No 502, Unit 507, 5th Floor, 45 Baner Street, Baner, Pune, Maharashtra 411045, India. aditya@soniassociates.in · +91 93400 75288 · https://soniassociates.in/contact This website is published for general information, in keeping with the guidelines of the Institute of Chartered Accountants of India on members’ websites. It does not advertise or solicit work, and nothing on it is professional advice. Publications reflect the law and standards at the date they were written, so please take advice on your own facts before acting. Client engagements described here are anonymised. Site index for agents: https://soniassociates.in/llms.txt Canonical page: https://soniassociates.in/case-hni-multi-year-tax-plan