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Services Audit & Assurance Services The firm conducts Statutory Audit, Tax Audit and Concurrent Audit under Indian Company Law and other statutes. We also carry out Internal Audit, Management / Operational Audit, Stock Audit, Revenue Audit, Information Systems Audit, Tax Audit, Propriety Audit, Legal Compliances Audit and other Risk based Audits.
Clients extend to virtually all business sectors, and industry
segments, ranging from manufacturing, trading, logistics,
pharmaceuticals, information technology, financial services,
banking, exchanges, and e-commerce businesses. Tax Management Services, including advisory services to minimize and manage the overall tax liability under the Indian Tax Laws Tax Appeals: Drafting and representing before the concerned Tax Authorities for Assessments, Appeals, Search & Seizure Cases. Tax Planning: planning pertaining to the determination of advance tax liability, availing various Tax Exemptions / benefits / Incentives under different provisions of Income Tax Act and the rules there under. Services relating to Foreign Collaboration Agreements, NRI's taxation, Double Tax Avoidance Agreements Reliefs etc. Liaison with Senior Tax Counsels for obtaining legal opinions, conducting tax litigations i.e. appeal court references and writ petitions etc. Employee Tax Management and the Salary Structure Designing Services. Filing of the returns of the Income Tax, Wealth Tax, Tax Deducted at Source (TDS), and various others.
The Tax Consultancy Division comprises of personnel who have had
experience of several years in tax consultancy and management
and who have rendered the services mentioned above to a number
of Companies.
Sales Tax/VAT, Service Tax and Excise Consultancy Indirect Tax Management: Attending to registration, renewals, periodic returns, refund claims and compliances. Assessments & Appeals: Drafting and representing before Assessing Officers and appellate authorities. Liaison with senior tax counsel for cases at High Court and for legal opinions.
Management Consultancy - Operational Consulting, Management
Assurance Services Preparation of Accounts Manual: To act as a guideline on Accounting Policies, Procedures and Systems adopted by a Company, Designing Chart of Accounts etc Systems Manual: Drafting of systems design specifying procedures to be followed in the day to day activities in various functional areas such as Sales, Purchase etc. including stage wise documentation to be prepared. Operational Audit: An in-depth audit of transactions with the purpose of improving business operations, performance and profitability. Management Audit: Appraisal of key Management functions like objectives, planning, organizing and control. Organisational Structure: Review of structure, design, job profile and recruitment. Management Information System: Development and design. Budgeting and Costing System Project Appraisal and Feasibility Studies
Business Consulting & Corporate Support
Services
Budgetary and Management Control: Preparation of Revenue and Capital Budgets, monthly cash flow statements; periodic "Management Information Statements"; compliance with the corporate policies. Registration with Government Departments: Provident Fund, Software Technology Parks of India (STPI); Income Tax, Sales Tax/VAT, Service Tax, Excise & Customs etc. Banking & Regulatory Compliance: Co-ordinating with bankers; issuance of the Foreign Inward Remittance Certificates; alerting on investment of surplus funds or repatriation of funds; Minimizing exchange risk; administering withholding tax on payments to vendors, employee; Filing of various statutory returns with authorities. Advising on permitted out-bound investments and assisting in setting up companies outside India. Establishing a branch office, liaison office, project office or other similar outlets in India by foreign entities; Issues under Companies Act, 1956, Foreign Exchange Management Act, 1999 (FEMA) and other corporate laws Foreign Collaboration Agreements, Joint Venture Agreements, other legal agreements, affidavits, powers of attorney, applications, proposals etc. Incorporation of companies, private, public, Section 25. Drafting of Memorandum and Articles of Association of Companies etc. as best suited to the business
Winding Up: Managing winding-up of companies.
Financial structuring, venture capital funding, Private equity structuring, Shareholders agreements. Business Process Outsourcing We are well equipped to carry out the following type of BPO Services: Book-keeping and Accounting: Verification of invoices and releasing payments; Preparation of cash / bank vouchers and cheques; running an accounting package, generation of ledgers and their scrutiny; Preparation of Balance Sheet and Profit & Loss Account in accordance with Indian GAAP; Co-ordinating with auditors. Entity Holding: Maintaining a Registered Office; Appointing a authorized signatory for bank accounts and power of attorney for signing documents; storage of accounting records; Organising Insurance; handling inward & outward mail, providing e-mail ID ensuring privacy and confidentiality; assistance in locating office, factory or residential premises and related legal documentation. Pay Roll & HR Activities Compilation of Income Tax Return
Services to Non-Governmental Organizations
(NGOs) - Trusts, Societies, Associations Guidance on Planning & Budgeting the proposal of any developmental activity. Audit on behalf of international donor agencies. Cost analysis of the socio-economic project based on the financial data. Legal compliances pertaining to:
Foreign Contribution Regulation Act - Registration and Returns.
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