A Game Changer- Goods & Service Tax (GST)

GST aims to make India a single market with common tax rates and procedures and remove the economic barriers, between States, thus paving the way for an integrated economy at the national level. more>>

Services We Offer

1. Setting Up Companies

Our firm assists entrepreneurs, both from within the country and overseas, to set up limited liability corporates. Our services in this area of practice includes:
  • Obtaining Director Identification Numbers (DIN) for the promoters.
  • Online Company Name search and approval.
  • Drafting Memorandum and Articles of Association.
  • Appearing before the Registrar of Companies
  • Online filing of documents
  • Obtaining the Certificate of Incorporation

2. Post Incorporation Services

After incorporation of a company, we also assist the promoters in the following areas.
  • Setting up Bank Accounts
  • Obtaining Permanent Account Number (PAN)
  • Obtaining Tax Deduction Account Number (TAN)
  • Obtaining Import-Export Code
  • Accounting Services
  • Payroll services
  • Quarterly filing of e-TDS
  • Maintaining of Statutory Registers, Minute books under the Companies Act, 2013.

3. Statutory Audit under the Companies Act, 2013

Every Company, whether private or public limited must get its financial books audited by a Chartered Accountant who is appointed as the Statutory Auditor, and whose Audit Report has to be filed with the Ministry of Company Affairs & other Statutory bodies.
While conducting a Statutory Audit, we follow a structured audit programme to ensure that the company has complied with the mandatory Accounting Standards issued by the Institute of Chartered Accountants of India.
Our Audit Programme will allow us to form an opinion as to whether the financial statements show a true profitability ( or losses) of the company for the period under review as well as a true & fair position of the assets & liabilities of the company as at the year end.

4. Internal Audit

We undertake internal audit of corporate & other entities. We have exposure in the following verticals.
  • Aviation
  • Construction
  • Infotech
  • Manufacturing
  • Diagnostic Services
The audit programmes are custom built & are designed to provide coverage of weak areas & processes.
Reporting is done on a monthly / quarterly basis according to client mandate. An internal audit will typically cover the following areas:
  • Physical verification of cash balance
  • Physical verification of Fixed Assets
  • Physical verification of major raw materials & stocks.
  • Verification of bank reconciliation statements
  • Verifying accuracy of financial data input.
  • Verifying authorization levels & limits.
  • Ensuring statutory compliance under various statutes.

5. Tax Audit

The Income Tax Act, 1961 requires that all entities (Companies, Partnerships, Proprietorships) go through a Tax Audit if their top line billings exceed INR 4 million. For practicing Architects, Lawyers, Accountants & Other specified professions this limit is a lower one of INR 1 million.
The Tax Audit is to be conducted by a Chartered Accountant, who has to report on 32 different financial tax aspects of the business. The report of the Chartered Accountant has to be filed along with the Return of Income to the Income Tax Department. Failure to do so could result in stiff penalties.
While conducting tax audit, we also advice our clients to structure future financial transactions, so that they fall within the ambit of the current tax laws.
This will ensure that the Tax Audit Report is generally ‘Clean’ and the client is not hit with a bad tax assessment.

6. Information systems audit

The Process inter-alia would involve:
- Identification of Business Critical Assets
- Risk Analysis - Potential Threats to these Assets are evaluated
- Review of Risk Management process
- Design of the Controls to mitigate the threats & Review of its Implementation.
- Training and Awareness
- Periodic Re-Evaluation and Assessment.
This should ensure the confidentiality of your critical business information, its integrity, and ultimately its’ availability.

7. Management & Operational Audit

Including setting up of effective systems and procedures. Rendering assistance in the formulation of corporate policies.

8. Bank Audits

Statutory Branch Audits, Income Audits & Stock Audits

9. NRI Advisory Services

Tax planning, Personal Investment Management and other advisory services.

10. Feasibility Studies & Project Reports

For medium and large Ventures

11. Company Law Consultancy