Ishita practices primarily in the areas of tax, commercial and corporate law.
Ishita obtained her Bachelor of Laws degree and her Commerce degree from the University of New South Wales, graduating on the Dean's merit list. She is currently undertaking her Masters in Law (Tax) from the University of Sydney.
She has worked with the in-house counsel of one of the largest retail groups in Australia. In that capacity, she advised on commercial litigation, corporate and compliance, intellectual property, trade marks, competition and property matters.
Ishita has since worked at reputable Sydney based commercial law firms, obtaining experience in mergers and acquisitions, business sales and purchases, corporate finance and refinance, corporate structuring, contracts, commercial leasing and in commercial litigation.
Ishita’s experience includes:
- Acting for high net worth individuals in relation to various taxation matters;
- Acting for individuals in relation to voluntary disclosures to the Australian Tax Office;
- Acting for the multinational watch manufacturer Citizen, Dunstan Baby, the international restaurant chain Wagamama and the national clothing retailers General Pants Co, Jetty Surf and Surf Dive n Ski;
- Assisting in the merger of Pisces Pty Ltd and Newsnet Pty Ltd and subsequent corporate restructure;
- Advising on and acting in relation to various commercial litigation matters;
- Advising on a range of corporate restructures, corporate refinancing and corporate compliance matters;
- Advising and acting in relation to corporate insolvency and debt recovery matters;
- Acting in relation to a broad range of commercial property matters including but not limited to acquisition, Strata dispute, sale and leasing matters;
- Assisting in a significant Partnership/Joint Venture dispute matter;
- Advising in relation to employment matters and code of conduct issues;
- Assisting in a range of business acquisitions and sales;
- Advising and assisting clients in relation to IT contracts;
- Advising in relation to and the protection of Intellectual Property rights.
Ishita is passionate about assisting her client to achieve their desired legal and commercial outcomes in an efficient, creative and professional manner.
Ishita can be contacted on (02) 9904 6800 or at isethi@laclawyers.com.au
Qualifications
- Bachelor of Laws
- Graduate Diploma in Legal Practice
- Bachelor of Commerce
- Masters of Laws (Tax) (Current)
Memberships
Admitted to
- All NSW Courts.
- All Federal Courts
Registered to Practice in
Taxation Law - Tax Audits, Notices of Assessment and Tax Disputes
Date: August 30, 2010
Author(s): Ishita Sethi LL.B., B.Com.
The Australian Taxation Office is empowered to conduct an investigation into the taxation affairs of any Australian taxpayer and in certain circumstances, at any time the Commissioner of Taxation sees fit.
Taxation Law - The Australian Taxation Office and Directors Penalty Notice
Date: August 24, 2010
Author(s): Ishita Sethi LL.B., B.Com.
It is often the case that when trying to capture a good business opportunity, directors get caught up personally. This can happen not only on an emotive level through their desire to see the business succeed, but also by way of the provision of a personal guarantee which is often necessary to ‘close the deal’ such as for example when seeking to obtain finance or re-finance for the business or commercial leases of premises.
Taxation Law - Investment Schemes and Tax Avoidance
Date: August 19, 2010
Author(s): Ishita Sethi LL.B., B.Com.
An investment scheme is often aimed at postponing the tax liability on the relevant underlying asset/s. Ultimately however, it most circumstances, some tax will be payable. Such schemes generally operate based on two fundamental premises, investing to reduce tax exposure or borrowing money to reduce tax exposure.
Taxation Law - Tax Havens and Information Sharing Agreements - Project Wickenby
Date: August 18, 2010
Author(s): Ishita Sethi LL.B., B.Com.
It is commonly known that there are many legal and legitimate transactions that Australian residents participate in which are located in offshore tax havens. Such transactions and arrangements are designed to take advantage of the tax benefits available in the relevant offshore jurisdictions.