AUDITING
Broadly, Audit involves the following:
Indepth study of existing systems, procedures and controls for proper understanding. Suggestions for improvement and strengthening.
Ensuring compliance with policies, procedures and statutes.
Comprehensive review to ensure that the accounts are prepared in accordance with Generally Accepted Accounting Policies and applicable Accounting Standards/IFRS.
Checking the genuineness of the expenses booked in accounts.
Reporting inefficiencies at any operational level.
Detection and prevention of leakages of income and suggesting corrective measures to prevent recurrence.
Certification of the books of account being in agreement with the Balance Sheet and Profit and Loss Account
Issue of Audit Reports under various laws.
Types of Audits conducted
Statutory Audit of Companies.
Tax Audit under Section 44AB of the Income Tax Act, 1961.
Concurrent Audits.
Audit of PF Trusts, Charitable Trusts, Schools, etc.
Audit of Co-operative Socities.
Internal Audits.
Audit under other sections of the Income Tax Act, 1961 such as 80HHC, 80-IA, etc.
INCOME TAX
Consultancy on various intricate matters pertaining to Income tax.
Effective tax management, tax structuring and advisory services.
Tax Planning for Corporates and others.
Designing / restructuring salary structure to minimise tax burden.
Obtaining Advance tax Rulings.
Obtaining No Objection Certificates from Income tax department.
Obtaining PAN for assessees, employees etc.
Advance tax estimation and deposit.
Assessing the liability towards deferred taxes.
Providing regular updates on amendments, circulars, notifications & judgments.
Filing Income Tax and Wealth Tax returns for all kinds of assessees.
Filing Income tax returns for employees of corporate clients.
Liaison with Income tax department for rectification, assessment, obtaining refunds etc.
Expertise in complicated direct tax assessments.
Filing and pleading appeals under various provisions of IT Act.
Special expertise in search, seizure and prosecution litigation.
Advice on future tax implications in respect of the potential acquisition.
Opinions on the various Double Tax Avoidance Agreement related issues.
Settlement of various issues raised under FEMA.
TAX DEDUCTED AT SOURCE (TDS)
Advice on all matters related to compliance of TDS/TCS provisions.
Obtaining Tax Deduction Account Number (TAN).
Periodic review of TDS/ Withholding Tax compliance.
Computation of monthly TDS.
Monthly reconciliation of TDS due and deposited.
Monthly deposit of TDS electronically/manually.
Issue of monthly/annual TDS certificates.
Filing of quarterly E-TDS/Manual Returns.
Filing of Correction Statements.
TDS assessment.
ACCOUNTING
Accounting System Design & Implementation
Financial Accounting
Budgeting
Financial Reporting
MIS Report
Financial Analyst
Asset Accounting Management
Depreciation & Amortization Schedules
INDIRECT TAXES
The Sales Tax / GST Consultancy includes following services:
Indirect Tax Advisory | Advising Companies, Firms and Individuals on Sales Tax / GST Matters; Planning.
Indirect Tax Management | Attending to registration, renewals, periodic returns and compliances.
Appeals | Liaison with senior tax counsel for cases at Tribunal and High Court and for legal opinions.
Benefits of Outsourcing
Enables business to concentrate on core business activities.
Use of manpower for more important functions.
Investment in fixed assets reduced/minimized.
Substantial Savings in Cost.
Services of experts made available.
Improved Internal Controls.
Enhanced reporting capabilities to provide more timely and accurate financial data.
Off-site Backup of Data.
CORPORATE SERVICES
Incorporation of company.
Consultancy on Company Law matters.
Planning for Mergers, Acquisitions, De-mergers, and Corporate re-organizations.
Filing of annual returns and various forms, documents.
Clause 49 review for compliance with fiscal, corporate and tax laws.
Secretarial Matters including share transfers.
Maintenance of Statutory records.
Consultancy on Public/Rights/Bonus Issue of shares.
Change of Name, Objects, Registered Office, etc.
WEALTH MANAGEMENT
Wealth Management is an investment advisory discipline that incorporates financial planning, investment management, insurance and risk management, tax planning, retirement planning, estate planning and a number of aggregated financial services.
We use holistic approach in providing Wealth Management Consulting encompassing Wealth Protection, Wealth Accumulation and Wealth Utilization and includes Past, Present and Future Wealth Management.
End-to-end services to NRIs - from opening bank account; to getting PAN and KYC compliance; to risk profiling; to financial planning and investment management; to monitoring, reviewing, and analyzing investments; to changing investment directions based on numerous factors; to tax return filing in India; to supporting tax compliance of respective country, etc.
SERVICES TO NON RESIDENTS
Allotment of Permanent Account number (PAN).
Tax planning.
Obtaining Advance Rulings on debatable issues.
Consultancy/ advice on FEMA/RBI matters.
Filing Income Tax/ Wealth Tax Returns.
Advice on making investments.
Issuing certificate for repatriation of income / assets from India.
Making application to RBI for various matters including sale and purchase of residential and commercial properties.
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