Services
AUDIT AND ASSURANCE SERVICES
Indian Companies Act, 2013 requires every company to get the books of accounts audited and file the audited financials before the Registrar of Companies on yearly basis. Similarly, Indian Income Tax, Act, 1961 also specify certain specified turnover firms/companies to get their accounts audited and file the same.
An Audit consists of whether the Company has followed applicable Indian GAAPs, standards of accounting as prescribed by Companies Act, Income Tax Act, GST Act and by the ICAI (Institute of Chartered Accountants of India)
As auditors, it is our primary responsibility not only to check the above standards, but advise them and their finance department proper way of presenting their financial statements.
- Statutory Audit as per Companies Act, 2013
- Income Tax audit as per Sec 44AB of Income Tax Act, 1961
- Transfer Pricing Audit as per Sec.92 of Income Tax Act, 1961
- GST Audit as per Sec.9C of the GST Act,2007.
TAXATION SERVICES
DIRECT TAX SERVICES
In these ever-evolving and rapid changes the business metrics, each country in the world is looking to save their best interests and shore-up their tax revenues. This is evident by frequent changes in tax laws, inventing newer methods of taxation or defining tax jurisdictions and vie for their share in global tax pie.
Such scenarios, Companies need advisory services who can guide them and see that they are following most tax-efficient set-up and compliant to local taxes all the time.
- Advising the optimal business set-up
- Vetting of agreements with the investors, foreign holding/subsidiaries
- Analysing the tax impact of a decision.
- Direct Tax Litigation services
- Tax filing services for Companies, LLPs, Partnership Firms and Individuals.
INDIRECT TAX SERVICES
Indirect Tax revenue is slowly growing and within very short- span of time, will compete with the direct tax revenues. This has happened after implementation of GST in India which has enabled for seam-less business capabilities without any state-bound restrictions.
However, the new law (GST Act) which come into effect from 01st July,2017 is still evolving and this triggers spate of questions and interpretations issues.
- GST Registrations for respective states
- Advising on GST rates, applicable HSN codes etc.
- Advising on GST Input credit rules and restrictions
- Advising on GST refunds
- Regular GST return filings
- GST Litigation Services
BUSINESS PROCESS OUTSOURCING SERVICES
In these ever-evolving and ever changing tax-laws, it is becoming difficult for SMEs to find and retain suitable talent;
Either the available talent is costly, or they seldom update on updates on tax laws; Outsourcing such non-core activities frees the organization energy and time and getting high-quality services and leads huge cost advantage.
- Designing and implementation of the accounting policies, agreements etc.
- Take entire responsibility of finance and accounts
- Payroll, Tax Compliance services
- Internal Audit Services
INTERNATION TAXATION AND FEMA
The Global business arena is influenced by various political and strategic changes post COVID era. This necessitated various companies to have their shop in India either as outsourcing destiny or expanding their business in India. Various International Taxation matters need to be kept in mind while operating in India including Foreign Exchange Management Act (FEMA). The FEMA controls all the dealings by outside India Companies and guides various rules to be followed.
We provide following International Taxation Services:
- Advising on client's best strategy for business setup.
- Advisory on International Taxation matters.
- Advisory in Transfer Pricing matters.
- Advising on related FEMA rules and regulations.
- FEMA compliance services.
- Advising on foreign funding, dividend distributions, movement of funds etc.,
TAX HEALTH AND DUE DILIGENCE SERVICES
Continuous checks on tax compliance are need of the hour and early identification of compliance issues or errors should avoid hefty tax demands and litigation.
- In-depth checking of Tax Filings and identifying gaps, if any
- Studying the tax notices and advising best strategy for litigation
- Due Diligence services for investment/take-over purposes.
Our Clients
