Services Offered
Auditing services rendered by our firm can be broadly classified into two categories viz. Statutory Audits and Internal Audits. While statutory audits are meant for compliance-oriented activities under the respective statute (like Companies Act, Income Tax, Vat etc.), Internal Audits focus more on management needs and strengthening of internal controls and processes. The scope of Internal Audit is determined in consultation with the management of the organization.
Various auditing services rendered by our firm can be stated as follows :
- Statutory Audits in accordance with the Generally Accepted Accounting Principle (GAAP) in India and as per the Indian Companies Act, 1956
- Internal Audits, Management and Process Audits
- Financial as well as Legal Due Diligence
- Tax Audits in accordance with the requirement of Section 44AB of the Income Tax Act, 1961
- Audit of Trusts, Education Societies, Co-operative Societies etc
- Audit under The Maharashtra Value Added Tax Act, 2002
- Certifications under various statutes etc.
- Audit allotted by C & AG
- Audit under GST Act, 2017
- Audit under The Companies Act, 2013
- Monthly Management Accounts Review GST Compliance Audit
- Business Process Audit
- Customised scope oriented Internal Audits
Our firm is empanelled with various reputed Nationalized Banks, Financial Institutions as well as co-operative banks for the purpose of various banking assignments. Further CA is also empanelled with RBI for Statutory Audits.
Various banking assignments handled by us can be categorized as follows:
- Statutory Audits
- Concurrent and Internal Audits
- Quarterly limited Review
- Stock Audit
- Due Deligence of Borrower Accounts
- Credit Audit
- Income & Expenditure / Revenue Audits
- IT Audits
Accounting is the backbone of any business organization. Proper accounting system with adequate internal controls not only help to make timely compliances under various legislations but also help in assessment of the periodic performance, avoidance of frauds and errors as well as implementation of budgeting & MIS system in the organization.
In this regard, we render following important services to our clients:
- Design and set up of Accounting Processes
- Preparation, up-dation and review of accounting manual
- Risk assessment
- Design of Internal Control System
- Advisory on improvement in accounting and internal control systems
Important Direct Tax Legislations are Income Tax and Wealth Tax. Our range of services start from obtaining basic requirements & registration viz PAN & TAN, with periodic compliance services of filing returns & to advising clients about tax planning areas as well as handling of assessments as well.
The various services rendered by us in this regard are as follows:
- Filing of income tax returns for resident and non-resident individuals, HUF, firm, companies, trusts, Co-operative Societies and AOP’s
- Direct Tax compliance including representation services, handling of assessments
- Tax Planning and Tax Advisory services to corporate and non-corporate entities
- Registration of Trusts and 80 G Approvals
- Transfer Pricing Study and Report
- TDS compliance and Advisory Services
- Salary Package structuring to maximise tax benefits
Business process outsourcing is another area where we help our clients by taking care of non-core activities viz. Accounting, Payroll management etc. so that the client can focus on the core areas and thereby maximize its returns.
We provide business outsourcing solutions in the field of:
- Accounting and Internal Controls
- Payroll Management
- Tax compliances
- Budgets and Financial Planning
- Corporate laws compliance
Important Indirect Tax Legislations where we render services are MVAT, CST and Service Tax. Our range of services start from obtaining basic registrations under respective acts, with periodic compliance services of filing returns & to advising clients about tax planning areas as well as handling of assessments as well.
The various services rendered by us in this regard are as follows:
- Advising & assisting in obtaining of registration under Goods and Services Tax (GST)
- Advisory on applicability of GST on the proposed/ existing business
- Filing of GST returns for individuals, HUF, firm, companies, trusts and AOP’s
- Representation services before the GST authorities
- Providing Updates on significant changes in law
- Advise on Maintenance of records
- Providing opinions and clarifications and updates on legal matters
- Audit under GST
Decision as to constitution of the business is the starting point of consultation. In this regard, we provide services for formation of business constitutions as Partnership Firm, LLP or Limited companies. Apart from this, we also render services for the ongoing support of the business activities in the form of financial planning, budgeting, setting of MIS, advise on various agreements & / or MoU etc.
The various services rendered by us in this regard are as follows:
- Formation and Registration Services for various business organizations – Partnership Firms, Companies, LLP etc
- Drafting of MoU and Joint Venture Agreements
- Financial Planning, Budgeting and Due Diligence
- Advise on Financial Structure of the company, Project Finance & guidance on bank finance matters
- System Checks & improvements
- Accounting Consulting Services
Financial Planning is not only essential to business entities but also an important part of the life of each Individual. Proper financial Planning help individuals to make adequate provisions in discharging various ongoing obligations & need of the individual and its family members. In this regard, we provide services in the form of investment strategy formulations, selection & adequacy of insurance, retirement benefits investment options and Advice on Portfolio management activities.
The various services rendered by us in this regard are as follows:
- Investment Planning
- Insurance Investment Advisory
- VRS and retirement Planning and
- Advise on Portfolio Management services
- Real Estate Investment Planning & Consultation
Ind-AS which is Indian version of IFRS has become mandatory for listed companies and will become mandatory to NBFC’s as well as banks. This being future of accounting, over the years, it will become applicable to all entities. In this regard, we render services about technical matters of Ind-AS incl. staff trainings of the client organization.
The various services rendered by us in this regard are as follows:
- Ind-AS Impact Analysis Study Reports
- Ind-AS Corporate Trainings for clients employees
- Ind-AS opinion on accounting treatments
- Advice on system Changes required for Ind-AS implementation
- Consultancy on Ind-AS adoption
Business Valuation is the act or process of determining the value of a business enterprise or ownership interest therein. Main purposes for which valuation exercise is undertaken include sale or purchase of business, business succession planning, dispute resolution, accounting and tax matters. We also focus on specific needs of SME’s and their valuation management.
The various services rendered by us in this regard are as follows:
- Valuation for Transactions viz. Sale, Purchase, Merger, Demerger etc
- Valuations for Dispute resolution
- Valuation for Accounting and Tax Purposes
- Valuation for SME’s – Valuation for Private Equity & Venture Financing, Brand Valuations, IP Valuations etc
Now a days, Start Ups’s are acting as the growth engine of economy. SME sector has witnessed robust growth with a lot of technological up-gradations. Several Start up’s have created & established their brand in the market and are dreaming to become major player in their respective industrial vertical. We render all round services to Start Up’s and act as a one stop solution to the Start Up’s. Overall services rendered by us include Accounting, Auditing, Taxation Services as well as Financial Planning, Due diligence and Valuation Services.
The various services rendered by us in this regard are as follows:
- Start Up – Setting up of new business units, obtaining of the various registrations required by Start Ups
- Advice on Internal Control & Management of Start Ups
- Budgeting and Financial Planning Modules for Start Ups
- Fund Raising Consultation for start-ups – Working Capital, Term Loans and Non Fund Based
- Start Up Tax Compliance and Management Services
- Start Up Business Process Outsourcing – Accounting, Payroll Management etc
- Valuation for SME’s – Valuation for Private Equity & Venture Financing, Brand Valuations, IP Valuations etc
- Statutory and Internal Audits
- Legal and Secretarial Compliance
NRI services mainly include guiding NRI about the various permissible and non-permissible financial transactions incl. banking operations, acquisition of immovable properties etc. it also includes advise on tax matters and investment planning in India.
The various services rendered by us in this regard are as follows:
- Advise on permissible banking activities by NRI
- Advise and consultation on acquisition or selling of immovable property in India
- Investment advise to NRI
- Capital Gain Consultation
- Tax consultation and return filing advise
- Advise on Double Taxation Avoidance Agreements (DTAA)
The various services rendered by us in this regard are as follows:
- Ind-AS Trainings for employees of Corporate clients
- Direct and Indirect Taxation Policy
- Valuation Management
The various services rendered by us in this regard are as follows:
- Advise on Trust and NGO matters
- Consultancy on obtaining 12A and 80G Registrations
- Consultation and Certification under FCRA
- Accounting, Audit and Tax Related Services
- Management Consultancy services to Trusts and NGO’s