Services
Our Expertise
Statutory Audit
Statutory audit is required to assess whether the company complies with the applicable laws, rules and regulations and standards and whether the financial statements reflect a true and fair view of the financial position of the company. It applies to all the companies registered in India under the erstwhile Companies Act, 1956 and Companies Act, 2013 and Limited Liability Partnerships (LLPs) having turnover exceeding Rs. 40 Lakhs or contribution Rs. 25 Lakhs.
Internal Audit
Internal audit is a key strategic tool for any company. A well-structured internal audit function with its objective to reduce the challenges faced by management, audit committee, and other stakeholders, can add value to the company. Internal Audit is a third-party evaluation of the operations of an entity with an objective to improve performance, develop a strategy to manage the risks, maximize the value of the entity, and identify any opportunity of further improvement.
Tax Audit
Tax Audit is an examination of a business or individual tax affairs to check whether the transactions undertaken by them are as per the Income Tax Act such as declaration of all the computable income, are they entitled to certain tax deductions or any tax offsets which they had claimed in their tax return Etc. Our taxation advisory team has a vast experience in tax laws of India and they are presently assisting many of our clients with cost-effective and practical solutions to file their tax audit returns in time.
Tax Consultancy & Advisory
Indian Taxation system has undergone multiple reforms over the time making it a challenge for large and growing businesses, particularly those operating internationally. The way your business meets these challenges and addresses the risk of non-compliance with Indian tax laws can have a significant impact on its existence in this dynamic and evolving environment. Our tax consulting and advisory services provide a host of taxation services to support our clients in achieving their business objectives, mitigating their risks and improving their business performance.
Tax Assessments
Income tax assessment is the process of collecting and reviewing the information filed by assessees in their income tax returns. At the end of each financial year, all persons and entities required to file an income tax return by self-computing the amount of income earned and pay the tax due. Hence, an income tax assessment would happen subsequent to the filing of an income tax return. We provide expert tax assessments for large companies and corporation providing different types of income tax assessment and their implications.
Risk Assessment
Risk Assessment is a mechanism to help a business identify the potential risk along with a plan to minimize or mitigate that risk. It consists of services designed in a manner to assist an organization in fulfilling strategic goals by providing ready help to anticipate the risk and meet regulatory compliances requirement. We assist our risk advisory clients on controls, risk, processes, governance and compliance requirements. We support them with the help required to identify potential risk and further manage that risk.
Business Consultancy
Our business consultancy services help you to adapt to today’s market dynamics and financial conditions. Our services range from tactical improvements through large scale transformation efforts. Our business consultants are experienced leaders and practitioners who are customer-focused, are delivery-excellence driven, and can navigate and manage complex projects, working effectively across diverse business and technology organizations. We focus on enabling and sustaining change, as well as establishing platforms for continuous improvement, by integrating our business consulting, technology and industry practices to help companies thrive.
GST
Businesses in India registered under GST have to compulsorily file GST returns monthly, quarterly, and annually based on the business type. Clear details of the sales or purchases of the goods and services along with the tax that is collected and paid have to be entered in GST portal perfect to each decimal. Implementation of a comprehensive Income Tax System like GST in India has ensured that taxpayer services such as registration, returns, and compliance are in range and perfectly aligned. GST return filing in India is mandatory for all the entities that have a valid GST registration irrespective of the business activity or the sales or the profitability during the period of filing the returns.
Assurance Services
Assurance services are audit activities that provide an independent, objective assessment of financial statements or compliance efforts. The objectives of these audits are to assure management, the Board, and regulators that financial statements are accurate and operations are done in accordance with applicable policies and regulations. These compliance, regulatory, and financial statement audits are all considered assurance services. Other audit services, such as consulting and advisory audits – while important audit activities – are not part of the assurance audit service.
