FJS concludes tax review engagement carried out for Atmosphere Group of Hotels and Resorts
March 4, 2021
FJS is engaged to conduct tax reviews for Atmosphere Group of Hotels and Resorts.
This engagement will be carried out for the corporate office of the Group, and the Resorts operated and managed by the Group. Namely, Ozen by Atmosphere at Maadhoo, Oblu by Atmosphere at Helengeli, Oblu Select by Atmosphere at Sangeli and Kanifushi Island Resort in the Republic of Maldives.
This engagement will be carried out on a bi-annual basis for one year where FJS will review and report on the Group’s tax computations and payments and pension payments to respective authorities.
FJS is currently engaged in advising the management of Atmosphere Group of Hotels and Resorts on the amendments to the relevant tax laws, regulations and rules issued by the relevant authorities and bodies.
FJS is also the representative engaged, on behalf of Atmosphere Core Pvt Ltd and Atmosphere Kani Resort Pvt Ltd, for a case appealed at the Tax Appeal Tribunal.