Assisting corporate in drafting of their Subscription Agreement and Shareholders Agreement.
Tax (Direct & indirect), Fixed Assets Management and Reconciliation – parties, banks and inter countries.
India Entry Strategy Services Today India is looked at as an investment destination by many international organizations.
Few areas of commercial life are as challenging and constantly changing as tax.
GST registration & compliances for different states, GST compliances.
Review and analysis of past assessments, Preparing submissions and grounds of appeals
The guiding principle of a statutory audit assignment is to ensure that the financial statements prepared by the management give a true and fair view. We review compliance with accounting procedures, provisions of various law, standards and guidelines in accordance with the Generally Accepted Accounting principles to ensure that financial statements are free of any mis-statements, errors and discrepancies.
It provides independent assurance that the key risks facing an organization have been identified and managed, and that systems and controls are robust and appropriate.Internal audit is a dynamic profession involved in helping organisations achieve their objectives. It is concerned with evaluating and improving the effectiveness of risk management, control and governance processes in an organisation.
We conduct compliance and secretarial audits. It helps strengthen the Corporate Governance in an organization. Compliance audit assists Audit Committee Board by providing the status of various management compliances. It also assists in evaluating of the effectiveness of internal control and compliance mechanism within an organization.
Audits are no more restricted to accounts related tick and bash, which, in our case, has become a minor part of the overall gamut of activities covered. Process flows in an organization are mapped along with their internal controls etc. as part of an audit, other than checking into routine accounts etc. Conducting systems and management audits with recommendations on efficiency and propriety of decisions.
Goods and Service Tax (GST) is structured for efficient tax collection, reduction in corruption, easy inter-state movement of goods and a lot more. The GST Law provides for self-assessment to facilitate easy compliance and payment of taxes. It also explains the notices, the demand and recovery provisions when the taxes are unpaid, short paid and/or returns are not filed.
Tax audit is the verification of the books of accounts of an assessee to validate the income tax computation and compliance with the laws of Income Tax. Auditing of books of accounts must be carried out by a certified Chartered Accountant. In this article, we look at tax audit limit, section 44AB of the Income Tax Act and appointment of tax auditor.
The firm has over the years harnessed technology as required for the present times. We have conducted Migration audit which involves audit of data migration from one platform to another and ensuring accuracy in transfer of legacy data to the new software. This has been successfully delivered in record time for two major Co operative Banks having a turnover of over INR 100 Crores.