Accounting and Book keeping services involves identifying, approving, sorting & recording company’s financial transactions in a custom that they can be retrieved and presented higher management reporting. A specialized team of accounting professionals have been designated to cater customer’s requirements in order to support them performing several Financial & Accounting activities in a systematic and efficient manner.

The Goods and Services Tax (GST) has eradicated multiplicity of taxes thereby reducing the complexity and removing the cascading effect of taxes. Present taxes levied on the sale of goods or services by either Central or State Government are embraced under the GST regime. Businesses are required to file monthly, quarterly and annual returns and those with turnover exceeding INR 2 crore will also have to file audit reports.

Our portfolio of services, to comply with this tax regime, comprises of:

• GST Registration: GST registration process under the new GST rules is done through an online portal that is maintained by the Central Government of India.
• GST Returns: GST Act mandates every registered entity to furnish details of its sales and purchases including tax paid and collected thereon by filing GST returns.
• GST Amendments: Once registered as goods and services taxpayer and any alteration required to be made in details of core or non-core fields like change in address, addition of place of business etc., our team can provide assistance.
• GST Audits: Our team perform audits and prepares required audit reports for its clients.
• GST Assessment: Our team assist in whole process of assessment carried out by tax authorities.
• GST Compliances: Our team provides updates on new compliances announced by GST Council.

A major concern of clients’ lies in the matters pertaining to taxation, tax planning and compliances. Continuous development and increasing complexities in economic environment leads legislators to bring rapid changes in tax laws. Our Firm advises the clients on major developments in taxation regimes occurring periodically and their effect on business and also provides with effective processes to improve day-to-day reporting thereby reducing attribution errors, reducing costs and ensuring that the taxes are handled correctly. Our Firm provides clients with a complete spectrum of tax support services.

TAX PLANNING AND ADVISORY

• Monitor the overall tax strategy keeping in view the changing dynamics of Indian tax legislation and offer tax planning for optimising the overall tax structure, reviewing business transactions and assisting with contract structuring, risk analysis and mitigation strategy viz. change in ownership / shareholding pattern, complex contracts etc.
• Handling day-to-day tax matters including replying to tax notices and providing necessary support services on tax matters and in the areas of in the areas of PAN, TAN, online tax credits etc.
• Legal opinion on Direct Tax Law and Procedures.

TAX DOCUMENTATION AND RETURNS PREPARATION

• Provides accurate assistance in preparing and filing e-tax returns and documentation for Individual and Corporate Taxes.
• Providing Certifications required by the clients in all tax matters.

TRANSFER PRICING

• Assist in devising the appropriate transfer pricing strategy, while balancing opportunity and risk management, weighing effective tax-rate optimizations against fiscal-authority challenges and the costs of compliance.

ASSESSMENTS AND REPRESENTATION TO VARIOUS AUTHORITIES

• Making representation on behalf of the client before tax and appellate authorities.
• Assist in obtaining lowered ‘Tax Withholding Applications’, ‘No Objection’ and Income tax clearance certificates.

In today’s competitive economy, businesses cannot expect to survive without clear strategy to reach desired goals. Our Firm believes in identifying and addressing potential operational and financial problems; and complying with legal requirements on timely basis. Our Firm provide valuable insights into structuring and strategy options with a view to enhance the value of enterprise. Our Firm has dedicated team of multi-disciplinary, experienced professionals who offer a range of services designed to meet different needs.

PREPARATION OF MANUALS, ACCOUNTING AND MIS DEVELOPMENT

• Our Firm supports in designing, implementation & review of accounting manual and also in preparation of MIS systems.

PROJECT REPORTS

• Project Report is a mandatory document for availing financial assistance. Preparation of a detailed project report entails thorough analysis of the project, economic feasibility study of the project, market survey and research, funding requirements and analysis, projections of performance and profitability. Our Firm has rich experience in preparing project reports for various businesses and industries.