Statutory Audits

The firm carries out audit under the various statutes such as:

• Companies Act 2013
• Income Tax Act 1961 that contains tax audits as well as other audits applicable under Income Tax Act 1961 –Form 3CD and other Forms.
• Transfer pricing audit as per Income Tax Act 1961- Form 3CEB
• Goods and Services Tax
• Statutory Bank Branch Audits as per the Reserve Bank of India Act 1934
• Bombay Public Trusts Act 1950

The Firm also conducts limited review engagements for few of its clients.

Internal & Management Audits

The firm provides Internal & Management Audit Services to its domestic and international clients. This has helped clients in implementing processes, controls, having timely tax and legal compliances, improving the reliability of MIS, early detections of errors in system driven accounting processes, etc.

Our deployment of various audits tools have helped clients in:

• Direct Cost reduction
• Optimizing working capital resources
• Saving in financial costs
• Inventory Management
• Timely Compliances

These services offered by us have resulted in improvement in client's business performance on various counts.

Enterprise Risk Management

In consultation with Management, design a process to Identify risk areas and evolve a strategy to manage risk within its risk appetite.

Taxation Services

A. Tax management and compliance

• Preparation of statement of Income and filing of income tax returns
• Filing of GST Returns and assistance in return related queries
• Assistance in preparation and filing of TDS and TCS returns
• Compliance of advance tax and related matters

B. Tax representation, litigation

• Income Tax
  • Income tax scrutiny assessments
  • Income tax rectification and refund matters
  • Income tax Appeals upto Appellate Tribunal Level
  • Representation for revision proceedings under Income Tax Act 1961
  • Representations to DRP
  • Summons &any other proceedings under Income Tax Act 1961
• International Taxation

  Handling of Transfer pricing audits, assessments and representation for transfer pricing matters.

• Goods and Services Tax
  • All types of GST Assessments at Central level and various state levels
  • GST Audits at Central and various state levels
  • GST Show cause notice proceedings at Central and various state levels
  • GST Appeals at Central and various state levels
  • GST investigation matters

C. Tax Advisory services

Giving advice on tax impact of transactions, structuring of transactions to ensure correct compliance with taxes, providing opinions on domestic and international tax transactions both for income tax and GST .

Reviewing the tax provisions from time to time and informing and implementing systemic changes brought about by these provisions at clients end.

Business Process Outsourcing

Firm offers accounts process outsourcing services to selected clients, which include, Budgeting, Variance Analysis, Accounts Receivable & Accounts Payable Management, Inventory Management, Generating various reports for management as part of MIS, timely tax compliances etc.

Business Development, Project Finance, Banking and Credit Ratings

The firm provides advisory services in the field of

• Business Expansion/Diversification:- Evaluation of opportunities and risk assessments
• Strengthening of Core Competency
• Project Finance :- Project report and representing clients with Financial Institutions and Bankers
• Management Handholding during the incubation time of new business
• Preparing and Representing the clients for Credit Rating Process
• Development of Robust MIS for clients