With a practical approach to service delivery, we respond to clients' complex business challenges with seamless service across industry and business sectors and national boundaries. We have embarked to extend professional services with meticulous care and efficiency in the areas mentioned hereafter.

AUDIT AND ASSURANCE SERVICES

We provide assurance services to organizations that must submit to an independent audit to comply with statutory or regulatory requirements. Our statutory audit provides assurance on the truth and fairness of an organization's financial information; advice on controls and processing system weaknesses; confirmation of accounting treatments with respect to complex transactions; and specifically addresses any other regulatory reporting requirements such as those applicable Accounting Standards. Recognizing our auditing practices, ICAI has issued our firm the Peer Review Certificate.

Our Internal Audit Services offer a wide range of tailored services and products to enhance corporate governance, manage business risk, provide assurance on control effectiveness, and support the clients in achieving their organization's objectives. Our services enable clients to effectively co-ordinate their key growth, quality and operational challenges - and working in partnership with us, clients have the benefits of our experienced, objective, and industry-grounded viewpoints.

We use a constructive approach in auditing. As a result of understanding the clients' systems, procedures and practices we often recommend improvement for more efficient operation, stronger financial structure and improved accounting and administrative controls. Our philosophy and practice is to blend the technical, the practical and the business approach in each audit engagement.

We ensure that financial statements are free of material misstatement and they comply with applicable Accounting Standards. We ensure that Systems and Controls are in place. The services offered include:

• Statutory Audits
• Internal Audits including Process Audits and Management Audits
• Audits of NGOs, Societies, Trusts, Co-operative Societies, Schools, etc.
• Tax Audits
• Stock Audits
• Transfer Pricing Audit
• IS Audits (Information System Audits)
• Bank Audits including Statutory, Internal, and Concurrent Audits
• CAG audits for Public Sector Undertakings
• Financial Reviews
• Other audits for 80 IA, 80 IB, 10A, etc.
• Investigations
• Debtors' verification
• Certifications for various other purposes

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INTERNATIONAL TAXATION

Enhancing a shareholder's value is a fundamental concept, which drives every management effort in the modern business environment. Progressive and bottom-line focused managements have realised that taxes (both direct and indirect), should be viewed as a dynamic item of cost rather than a passive charge on the profits. The changes in the tax and regulatory environment constantly challenge large and growing businesses, particularly those operating internationally. The services offered include:

• Providing consultation on International Taxation and Withholding Tax issues.
• Assisting in Transfer Pricing Study for International Transactions
• Representing clients before Transfer Pricing Officers
• Representing clients before Dispute Resolution Panel (DRP).
• Review of agreements from a transfer pricing perspective
• Assisting in Treaty Shopping for Tax Structuring.
• Assisting in obtaining PAN for Non- Residents.
• Providing consultation and ensuring compliances on Expatriates Tax issues.

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INDIAN DIRECT TAX LAWS

Indeed, an effective tax-cost management provides a distinct competitive advantage. This requires the application of appropriate tax strategies proactively identified and surgically implemented. We have developed a total tax management capability, which encompasses the entire spectrum of corporate and personal direct taxes. The services offered include:

• Representing clients before Income Tax Appellant Tribunal (ITAT)
• Representing clients before Commissioner of Income Tax (Appeals)
• Representing clients before Income Tax Assessing Officers
• Assisting the client to organize their cumbersome tax affairs, give them alerts for due date's deadlines and ensure that all statutory requirements are complied with.
• Managing preparation of tax returns/statements (Income Tax as well as TDS & TCS) and get it filed with relevant authorities within due dates.
• Providing consultation on applicability of Wealth Tax and its compliances.
• Assisting in obtaining PAN / TAN.
• Dove-tailing tax strategies into business plans.
• Providing updation and due dates alerts on taxation issues.
• Structuring the entire business transaction, including preparation of structured tax solutions tailored to meet business objectives.
• Tax modeling, which would involve validation of tax assumptions built into financial and business models.

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VAT / SALES TAX

A diagnostic review or health check is an all-encompassing package offered to our clients. This review helps identify areas of potential exposure and tap opportunities for tax savings. The services offered include:

• Advising on the applicability and levy of Central Sales Tax and VAT.
• Managing to obtain VAT registrations, Sales Tax registrations and its amendments.
• Assisting the client to organize their cumbersome tax affairs, give them alerts for due date's deadlines and ensure that all statutory requirements are complied with
• Managing the preparation and filing monthly/quarterly/half-yearly/yearly tax returns.
• Managing summary and regular assessments
• Managing objections/appeals to higher authorities
• Providing legal tax planning.
• Providing up-dation and due dates alerts in electronic media on taxation issues.

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SERVICE TAX SERVICES

Taxes may not be totally avoidable, but upfront tax planning provided by us, in parallel with the decision making process helps our client attain the desired results. Our professionals are guided by a single, strong underlying philosophy - "helping our clients attain their business objectives". The services offered include:

• Advising on the applicability of service tax.
• Assisting in obtaining service tax registrations / input service distributors registration / amendments.
• Review of contracts and agreements to help mitigate the overall incidence of service tax.
• Managing preparation and deposit of monthly/quarterly service tax dues.
• Managing filing of half-yearly Service Tax Returns
• Advising on availing CENVAT credit.
• Handling service tax authorities for show cause notices.
• Handling service tax appellate authorities.
• Providing up-dation and due dates alerts in electronic media on taxation issues.

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CORPORATE LAW

Our services in Corporate Law Matters are customized in accordance to client's specific requirements. We assist the client's from the very initial processes of company incorporation to company maintenance process, etc. Our services include:

• Incorporation of companies
• Conversion of financial statements in XBRL mode for filing compliances.
• Providing consultancy on complicated Corporate Law matters.
• Assisting in compliance of various filing of Forms with Registrar.
• Certifying various Forms for filing with Registrar
• Assisting in maintenance of statutory records.
• Assisting in registration, modification and satisfaction of charges.
• Assisting in obtaining regulatory permissions and ensuring statutory compliances in respect of Registrar of Companies, Reserve Bank of India, Company Law Board, FIPB and Department of Company Affairs.
• Assisting in obtaining Director's Identification Number (DIN) and Digital Signatures for filing online forms on MCA21.

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NGO (NON GOVERNMENT ORGANISATIONS)/SOCIETIES AND TRUST SERVICES

We assist in the registration procedures of Societies and Trusts. We guide our clients through the modes and methods, procedural formalities and the process of documentation. We also counsel them regarding the benchmark required for registration. Our panels of accountants with their sound professional information help organizations to meet the requisite criteria to obtain and avail tax exemptions for noble causes. The services offered include:

• Assisting in obtaining registration of Charitable Trusts and Private Trusts.
• Assisting in obtaining registration of Societies under Societies Registration Act.
• Assisting in obtaining registration of Company under Section - 25 of Companies Act, 1956
• Assisting in obtaining registration of NGOs under Income Tax Laws for tax exemptions
• Assisting in obtaining registration of NGOs under Income Tax u/s 80G and its compliances
• Guidance on legal compliances on Foreign Contribution Regulation Act.
• Guidance on legal compliances on Employee Stock Option Schemes (ESOPs).
• Guidance on legal compliances on PF / Gratuity / Superannuation Trusts.
• Assisting in establishing and monitoring convergence and linkage of program activities and financial management of the NGOs

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LIMITED LIABILITY PARTNERSHIP SERVICES

Our services in Limited Liability Partnerships (LLP) are customized in accordance to client's specific requirements. LLP being a new legislation in India, we assist the client's from the very initial processes of LLP incorporation to its maintenance process, etc. Our services include:

• Incorporation of LLP
• Providing updates on LLP legislation, notifications and circulars.
• Managing filing of proper documents electronically with Registrar within due time.
• Managing maintenance of statutory records and filing the same with the Registrar within due time.
• Assisting in registration, modification and satisfaction of charges.
• Assisting in obtaining Digital Signatures of Designated Partners for filing online forms of LLP.

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COMPLIANCE AUDITS

Compliance audit is a critical component of the internal control process for any business and a prerequisite for assessing compliance with corporate performance standards. Whether it is compliance with internal corporate procedures or external regulatory requirements, effective internal auditing is the cornerstone of compliance management and continuous improvement. Effective compliance management will protect and enhance your brand and reputation by helping you avoid the adverse affects of non-compliance such as: litigation, fines, prosecution, bad PR, and the risks, costs, liability, and damage to brand reputation associated with non-compliance.

As part of Compliance Audit, we undertake a complete review of all tax and statutory compliance, including procedural requisites, related to income tax, corporate laws, indirect taxes, etc. and provide a comprehensive report to the clients on the existing status of the compliance along with recommended improvements.

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OUTSOURCING SERVICES

We recognize the challenge faced by entities in allocating limited resources to develop an Accounting Procedures Manual. In response, we have created a service that allows an organization to outsource this task. Outsourcing often helps a company focus more on innovation. We assist in updating or compiling new documentation of the sequence and details of key accounting function procedures. To improve your financial accounting and keep you abreast of new developments in corporate reporting, our experienced professionals will provide you with a combination of technical advice, support tools, and training of in-house accounting staff. Whether it is a full service accounting and book-keeping plan or quarterly updates and financial statement preparation, we provide accurate and timely services that include:

• Handling and maintaining payroll services.
• Handling and maintaining Receivable/Payable reconciliations.
• Outsourcing of complete Accounting Job.
• Assisting in compliance of all Statutory requirements as per the requirements of various regulatory authorities as well as a comprehensive tax module
• Assisting in generation of Statutory Reports needed for compliance with the various regulatory authorities
• Assisting in finalisation of financial statements.
• Monitor performance against established procedures.
• Help ensure policies and procedures are consistently applied.
• Update procedural changes by reorganization or the implementation of a new information system.

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SETTING UP BUSINESS IN INDIA

The world is focused on India as a lucrative business opportunity. It is boom time in business thanks to favorable policies of the Government of India, large pool of trained software professionals, skilled talent and the unique advantage of the time zone difference. These positive indicators have attracted many foreign corporations to set up their business operations in India. At the same time, doing business in India has its own set of challenges, as it involves understanding the complex taxation system in India, taking care of statutory compliances, detailed documentation, and local laws including labour laws and most important, getting the right kind of resources to do the job.

Our firm helps people in overcoming these challenges. We specialize in providing a complete service for India subsidiaries of overseas groups. We pull together the skill, resources and expertise of professionals with wide educational and legal backgrounds. We work closely with each client and provide our experience and expertise in helping them to decide the status through which he should start-up his business. In addition, clients' needs are efficiently handled through the effective flow of information within the firm and high quality research materials with well equipped library and computer support service. This leaves the clients free to focus on their energy on their existing business.

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BUSINESS AND MANAGEMENT CONSULTANCY

The business and management consulting services rendered by the firm handles a wide range of problems faced by the clients. These include:

• Assisting in mapping business processes and providing efficient solutions including automation.
• Assisting in development and improvement of business process systems and evaluation of alternative systems which are best suited to clients resulting in increased productivity, reduced time and costs.
• Assisting in development of accounting, budgeting, forecasting and other information systems and evaluation of alternative financial strategies.
• Assisting in development of systems for cost control and optimum utilisation of economic resources.
• Assisting in recruitment of accounting and finance personnel.

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TRAININGS

Today management of accounting and finance is regarded as life-blood of the organization and every employee of the organization directly or indirectly impacts finance. Right from the recording of financial transactions to the preparation of financial statements, organization has to make sure that proper procedures have been followed. The requirements of today are more demanding than before as different types of stakeholders and managers seek different types of information for decision making purposes. Traditional financial reporting and management are not sufficed to cater to all such different requirements. It is an imperative need for all functional managers and officers to keep themselves abreast of contemporary changes in both accounting and financial management.

We strive to bridge this gap by providing effective training and consultancy in a wide variety of issues related to this dynamic function. We conduct various standard and tailor-made trainings in finance and accounting for professionals with all levels of experience and expertise.

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OTHER SERVICES

Other services offered by us include:

• Corporate structuring and re-structuring,
• Mergers and Amalgamations,
• Due Diligences,
• Business valuations for acquisitions, performance analysis, executive compensation, spin offs and taxation Project finance and implementation,
• Health check-up for various direct and indirect taxation,
• System & MIS settings and implementation,
• Assisting in maintenance of cost records
• Special studies for cost reduction,
• Business re-engineering,
• Co-ordination of multi location branches,
• ESOP Schemes,
• STPI Registrations.