Services

• Following Generally Accepted Accounting Principles (GAAPs)
• Free from material misstatements, errors and discrepancies
• Monitoring organizational ethics.
• Assessing quality, economy and efficiency of operations.
• Monitoring organizational ethics.
• Suggesting continuous improvement strategies

• Management oriented advice on organisation and its operations.
• Performance and financial services.
• Promoting efficiency, economy and effectiveness of management processes.
• Adding to the reliability and accuracy of operations
• Internal Financial controls

• Review of procedures related to processing and sanctioning loan.
• Keeping an eye in cash retention limit.
• Monitoring organizational ethics.
• Maintenance of all bank vouchers.
• Focusing on potential NPAs.

• Conduct of audit as per the requirement of GST laws.
• Confirming the turnover as per books are in line with the turnover disclosed on GST portal.
• Checking the input claimed by the assessee on GST portal is as per Books and GSTR 2A.
• Evaluating the internal controls of assessee related to regular compliance of GST laws.

• Conduct of tax audit under section 44AB of Income tax act, 1961.
• Filing of forms 3CA, 3CB and 3CD.
• Filing other forms like 29B, 10B etc.

• Identifying conflicts of interest, bribery and extortion leading to corruption.
• Asset misappropriation.
• Intentional forgery of accounting performance.
• Preventing generation of NPAs.

Stock audit is a statutory process which every business institution needs to perform at least once in a financial year. As far as the stock audit process is concerned, the process mainly involves the counting of physical stock presenting the specified premises and verifying the same with computed stock maintained by the company. The reason and purpose behind executing this is to correct the discrepancies present in the book stock when compared to physical stock by passing necessary adjustment entries.

Generally, CA certification is required for various purposes under different rules and regulations. Certificates are needed by businesses to claim the privileges available under the law, financial arrangement with the financial institution, benefit and deductions to be claimed under statue and periodical compliance of relevant rules and regulations.

Tax audit is a compulsory audit under section 44AB of the Income-tax Act in India which is conducted where gross turnover exceeds Rs. 1 crore/ 25 lakh from business/profession.

Services

• Conducting of tax audit.
• Filing of tax audit report in form 3CA/3CB and 3CD.

Tax management/compliance is at the core of today’s business obligations that include filings and payment of taxes.

Services

• Filing of income tax returns.
• Filing of TDS/TCS returns.
• Compliances related to advance tax.

Scrutiny Assessment U/S 143(3)
Scrutiny assessment refers to the examination of a return of income by giving an opportunity to the assessee to substantiate the income declared and the expenses, deductions, losses, exemptions, etc. claimed in the return with the help of evidence.
Purpose
In the cases selected for scrutiny, the assessing officer conducts necessary enquiries during assessment proceedings to ensure that the assessee has not:

• Understated the income, or
• Computed excessive loss, or
• Underpaid tax in any manner.

Rectification U/s Section 154

Rectification of mistake apparent in intimation, assessment, revision and appellate orders.

Appeals U/s 246A [i.e. CIT(A)] and 253 [i.e. ITAT]

An appeal is applying to a higher authority for a reversal of the decision of an assessing officer/lower authority.

Revision U/s 263 & 264

Revision U/s 263 is the reversal of erroneous and prejudicial order of subordinates by CIT/Pr. CIT. Revision U/s 264 is an alternative option available to the assessee. Instead of going to appeal, he can approach CIT/ Pr. CIT.

Services

• Representation before the tax department with respect to assessments, investigation, survey, search and other civil cases.
• Representation before CIT(A) and ITAT.
• Filing of replies to summons and other notices.
• Filing of compounding applications to CCIT.

• Formation of Society, Trust & Section 8 Company.
• Fresh Registration U/s 12A/ 12AA/ 12AB (Form 10AC) and U/s 80G (Form 10AC) of Income Tax Act.
• Provisional Registration U/s 12AB (Form 10AC) and U/s 80G (Form 10AC) of Income Tax Act.
• Registration under Foreign Contribution Regulation Act (FCRA).
• Filing of Returns under Foreign Contribution Regulation Act (FCRA).
• Issue of certificate of compliance of CSR Funds.
• Assisting NGOs in filing Form 10BD – Statement of donations.
• Assisting NGOs in issuing Form 10BE – Certificate of donation to the donors.
• Compliances with ROC for CSR Activities.
• Compliances in NGO Darpan NITI Aayog.
• Donor Audit of NGO.
• Investigative Audit of NGO.
• Consultancy in above matters.

Due diligence with regard to tax includes a review of all taxes, the company is required to pay and ensuring their proper calculation with no intention of under-reporting of taxes. Additionally, verify the status of any tax-related case pending with the tax authorities.

Services

Documentation of tax compliance and potential issues typically includes verification and review of the following:

• Copies of all tax returns – including income tax and withholding taxes
• Information relating to any past or present pending tax assessments against the company

In today’s business world, every transaction/arrangement is subject to income tax. So, to avoid surprise tax burden, tax advice needs to be sought before entering into any sort of transaction/arrangement.

Services

• Transaction/Arrangement structuring to avoid/lessen tax burden within the purview of tax laws.
• Providing opinions on domestic taxation Issues i.e. interpreting of provisions, etc.

Q. What is transfer pricing?

Transfer pricing refers to the setting, analysis, documentation, and adjustment of charges made between related parties for goods, services, or use of property (including intangible property).

Q. Is it mandatory?

Yes, as per the Section 92 to 92F of the Income-tax Act 1961. The Finance Act, 2001 substituted Section 92 of the Income-tax Act, 1961 by new sections 92 and 92A to 92F. These new provisions require commercial outcomes arising from international transactions between associated enterprises to be consistent with the arm’s length principle. The calculation of arm’s length price has to be done by using the most appropriate method. The Income-tax Act mandates the company that ALP is to be calculated using one of the following methods:

• Comparable Uncontrolled Price method (“CUP”);
• Cost Plus Method (“CPLM”);
• Profit Split Method (“PSM”);
• Transactional Net Margin Method (“TNMM”)

Q. What we provide?

We provide full strength professional services on activities relating to transfer pricing as according to ALP pronounced by the prescribed authorities in this respect. We assist you in the following aspects of transfer pricing:

• Planning, review and evaluation of transfer pricing mechanism.
• Adherences and compliance of transfer pricing regulations and provisions as according with present legislations.
• Representation before the competent authorities.
• Expert tax planning with a flexible approach on implementation of methodologies of transfer pricing.
• Consultancy services on potential threats interrelated with the existing legislation and the policies of the organization to avoid taxation and legal consequences.

Deliverables
Documentation:

The required documentation is as prescribed by the Rule 10D of the Income-tax Act 1961.

The document emphasizes on the analysis of the following aspects:

• Functional analysis
• Asset analysis and
• Risk analysis

Certification

As per the Income-tax Act companies who are required to file TP reports has to file FORM 3CEB to the tax department duly certified by a chartered accountant before the due date of filing income tax.

Penalties for non-compliance

Compliance Section	Contravention	Penalty
sub-section (1) or sub-section (2) of section 92D	failure to keep and maintain information and document in respect of international transaction	sum equal to two per cent of the value of each international transaction entered into by such person
sub-section (3) of section 92D	Penalty for failure to furnish information or document under section 92D.	Sum equal to two per cent of the value of the international transaction for each such failure.
section 92E	Penalty for failure to furnish report under section 92E.	Sum of one hundred thousand rupees.

Transfer pricing assessment U/s 92CA.

During TP assessment, the transfer pricing officer assess arm’s length price of international transactions and any other discrepancies.

Advance Ruling U/s 245O

Advance ruling means:

• a determination by the authority in relation to a transaction which has been undertaken or is proposed to be undertaken by a non-resident applicant; or
• a determination by the authority in relation to the tax liability of a non-resident arising out of a transaction which has been undertaken or is proposed to be undertaken by a resident applicant with such non-resident; or
• a determination by the authority in relation to the tax liability of a resident applicant, arising out of a transaction which has been undertaken or is proposed to be undertaken by such applicant; and such determination shall include the determination of any question of law or of fact specified in the application;
• a determination or decision by the authority in respect of an issue relating to computation of total income which is pending before any income-tax authority or the Appellate Tribunal and such determination or decision shall include the determination or decision of any question of law or of fact relating to such computation of total income specified in the application;
• a determination or decision by the authority whether an arrangement, which is proposed to be undertaken by any person being a resident or a non-resident, is an impermissible avoidance arrangement as referred to in Chapter X-A or not:

Services

• Representation before income tax authorities with respect to assessment, investigation etc.
• Representation before Appellate Authorities
• Representation before Dispute Resolution Panel
• Assist in preparation and filing applications seeking an advance ruling with the Authority for Advance Rulings
• Representation before Authority for Advance Ruling

Tax compliance with respect to international transactions and MNCs has increased due to BEPS initiatives.

Services

• Filing of Form 3CEB
• Filing of master file and CbC Report
• Filing of Form 15CA and Form 15CB
• Filing of flipside returns

When multinationals look at business opportunities beyond the boundaries of their countries, they are faced with the crucial step of structuring. This is where professionals like us can offer our expertise and guide the corporates in putting together a structure, which is tax-optimum and legally compliant.

Inbound Investments

• Advising on entry strategies and evolving optimal ownership/jurisdiction structures for investment in India.
• Advising on entity structuring for selecting an optimal entry vehicle such as a branch, subsidiary, joint venture, to name a few.
• Assistance in filing/obtaining necessary regulatory approvals including those from the Reserve Bank of India, the Foreign Investment Promotion Board, Government of India and other Regulatory Authorities.
• Incorporation/registration of entry vehicle.
• Advisory/compliances associated with other mode of inbound investments such as foreign institutional investors, venture capital funds, etc.

Outbound investments

• Advising on cross border investment strategies and evolving optimal ownership/jurisdiction structures for investment into a particular jurisdiction which include setting up an international holding company, global sales company, etc.
• Advising and assistance on entity structuring, capital structuring and regulatory approval process in selected jurisdiction.
• Assistance in finalizing/review of shareholders, joint venture and other relevant business agreements.
• Striving to enhance tax credit and income deferral in India, mergers, acquisitions and due diligences.

Services for FIIs

• A foreign financial institution which intends to invest in the securities of Indian Companies through the Indian stock market is required to register in India with the Securities and Exchange Board of India (SEBI) as a Foreign Institutional Investor (FII).
• We assist clients in identifying the international tax issues impacting the investment structure and on-going investment transactions.

International transactions/arrangements are more prone to litigation due to differences in DTAA and domestic law. So, to avoid litigation and over tax burden later, tax advice needs to be sought before entering into any sort of transaction/arrangement.

Services

• Providing opinions with respect to DTAA and Domestic Law

Every registered person needs to file many returns and forms within specified time frame failing of which results in payment of interest and penalties under respective provision of CGST Act, 2017. We have a dedicated GST Team to handle all compliances within due dates.

Our services

• GST registration
• Filing of monthly GST returns
• Filing of final return and annual returns
• Filing of letters of undertaking
• Filing of all other Forms and declarations as required under GST law on GST common portal

Every registered person who is required to get his accounts audited under sub-section (5) of section 35 shall furnish the annual return along with a copy of the audited annual accounts and a reconciliation statement certified by a chartered accountant in Form GSTR-9 C. During the early stages of the introduction of GST a lot of errors might have occurred at the time of filing of GST returns that should be resolved before the filing of an annual return and reconciliation statement in Form GSTR-9 C. We have a dedicated GST Team who understands various practical challenges, identify common errors and possible resolutions thereof before filing of the annual return and reconciliation statement in Form GSTR-9 C.

Our services

• Filing and preparation of annual return
• Preparation of reconciliation statement between books of accounts and annual return in accordance with the GST Law
• Auditing the books of accounts in accordance with the law
• Certification of reconciliation statement in accordance with the law
• Filing of reconciliation statement in Form-GSTR-9C on GST common portal
• Possible resolutions for errors

As per section 116(1) of the GST Act, 2017, any person who is entitled or required to appear before a GST officer appointed under the Act, or the Appellate Authority or the Appellate Tribunal in connection with any proceedings under the Act, may, otherwise than when required under this Act to appear personally for examination on oath or affirmation, subject to the other provisions can appear by an authorized representative.

As per section 116(2) of the GST Act, 2017, the following persons can be appointed as an authorized representative i.e., someone authorized by the person to appear on the person’s behalf:

• A relative or regular employee; or
• An advocate who is entitled to practice in any court in India, and who has not been debarred from practicing before any court in India; or
• Any chartered accountant, a cost accountant or a company secretary, who holds a valid certificate of practice and who has not been debarred from practice; or
• A retired officer of the Commercial Tax Department of any state government or union territory or of the board who, during his service under the government, had worked in a post not below the rank than that of a Group-B gazette officer for a period of not less than two years: However, such officer shall not be entitled to appear before any proceedings under this Act for a period of one year from the date of his retirement or resignation; or
• Any person who has been authorized to act as a goods and services tax practitioner on behalf of the concerned registered person.

Services

• Representation before GST authority with respect to assessment, search and seizure, summons and other notices
• Representation before Appellate Authority with respect to appeal against order of GST officer
• Representation before Appellate Authority with respect to revision request against order of GST officer

An applicant desirous of obtaining an advance ruling may make an application to the authority stating the question on which the advance ruling is sought. Generally, the can applicant approaches the authority for classification of any goods or services or both, admissibility of input tax credit of tax paid, whether the applicant is required to be registered or not, and for transactions to be undertaken or proposed transactions.

Services

• We assist the applicant for filing of application.
• We guide the applicant for preparation of necessary documentation.
• We help the applicant whether to apply for authority by analyzing each transaction.
• We represent the applicant before the authority.

In order to encourage foreign trade, exports from the Indian government at both center and state-level have provided refund of GST paid on export of goods and services under the GST regime. We undertake cost benefit analysis, consider all other intricacies and suggest a better refund route.

The process of a refund claim includes the following procedure:

• Filing of online refund application.
• Suggest system for generation of necessary documentation to prepare refund claim.
• Improve existing system for generation of necessary documentation.
• Assistance in gathering of all supporting documents.
• Preparation of necessary pre-documentation like annexure-A as required by law.
• Reconciliation between ITC claimed and ITC reflecting in GSTR-2A which involves identification of missed credit.
• Continuous follow up with the authorities to grant refund claim.

GST advisory & opinions

Since the GST Act specifically excludes only a few transactions, every business transaction requires special attention and needs to be analyzed from a GST perspective.

Services

• Opinion on transactions to be undertaken by the client.
• Opinion on mergers and acquisition from GST perspective.
• Optimum and proper utilization of ITC.
• Providing value-added and optimal solutions to the client.
• Adherence and compliance with applicable GST provisions.
• Analysis of client specific issue and implication thereof under GST.
• Tax advice for new start-ups from GST perspective.

A. Incorporation

Step 1: Reservation of Name

RUN is a designated form to reserve the name of a company. Two names in order of preference can be given. The objects for which the company is proposed to be incorporated should be provided in RUN form. The MCA fee for filing this form is Rs.1000, and it can be resubmitted once. Thereby, altogether, four names can be applied using one form. The name will be reserved for a period of 20 days.

Step 2: Incorporation

Part 1: SPICe Form

SPICe stands for Simplified Proforma for incorporating company electronically. Director Identification Number (DIN) can be applied using SPICe Form. The following documents and information are required to be attached with this form:

• INC 9: Declaration by first directors and first subscribers
• DIR 2: Consent to act as directors
• PAN Card of subscribers and directors
• Passport or driving license or voter ID of all subscribers and directors
• Bank statement or electricity bill or telephone bill or mobile bill of all subscribers and directors
• Address for correspondence or registered office address of the company
• Rental agreement/proof of ownership of registered office
• NOC from owner of property
• Latest utility bill of the property
• Capital structure of the company
• Area code of the proposed registered office address. PAN card and TAN card shall be issued along with the certificate of incorporation

NOTE

If the company wishes to have a temporary address for correspondence, it has an option for file INC 22 within 30 days of incorporation of the company.

Part 2: SPICe MoA

SPICe MoA form or INC 33 is a form linked to SPICe. The main objects of the company and other objects have to be provided in this form. The DSC of all subscribers is mandatory to fill this form.

Part 3: SPICe AoA

SPICe AoA or INC 34 is linked to SPICe. SPICe AoA is a ready-made form wherein the company can strike off any article that it does not want to include in its AoA.

Part 4: INC 35 AGILE

INC 35 form is linked form to SPICe form. INC-35-AGILE (application for goods and services tax identification number, employees state Insurance corporation registration plus employee’s provident fund organization registration).

Time limit for incorporation:

MCA takes around 2-3 days for incorporation of a company.

B. Incorporating an LLP

Step 1: Reservation of Name

RUN is a designated form to reserve the name of the company. Two names in order of preference can be given. The objects for which the LLP is proposed to be incorporated should be provided in RUN form. The MCA fees for filing this form is 200/-. This form can be resubmitted once. Thereby altogether 4 names can be applied using one form. The name is reserved for 3 Months.

Step 2: Incorporation of LLP

The form for incorporation of LLP is FILLIP which stands for Form for Incorporation of Limited Liability Partnership in India. The following information and documents are required to file for incorporation of an LLP:

• Subscribers page
• Form 9: Consent to act as designated partner
• Proof of address of registered office
• NOC from the owner of the property
• Rental agreement
• PAN card of partners and designated partners
• Passport or driving license or voter ID of partners and designated partners
• Bank Statement or electricity bill or telephone bill or mobile bill of partners and designated partners
• Contribution

Once the FILLIP form is approved, a certificate of incorporation will be issued by the MCA. The fees for filing this form depends on the amount of contribution.

Step 3: LLP Agreement

The objects for which the LLP is proposed to be incorporated shall be mentioned in Form 3. This has to be filed within 30 days.

Time Limit

LLP incorporation takes approximately 7-10 days.

Filings

There are two kinds of compliances under the Companies Act, 2013. All companies incorporated have to comply with all the requirements as specified under the Companies Act, 2013. Time-based compliances are also known as annual compliances. They include AOC-4 (balance sheet), MGT-7 (annual return) and ADT-1 (appointment of statutory auditors). All other compliances are event-based compliances which triggers whenever an event occurs which requires reporting to the Ministry of Corporate Affairs through a designated form. We undertake filing of all forms which includes preparation of the form, attachments and certification.

Representation before MCA & NCLT

Professionals are empowered under the Companies Act, 2013 to appear on behalf of the company before the Registrar of Companies, Regional Director and National Company Law Tribunal. Chartered accountants are empowered to appear before above authorities as the authorized representative of clients.

We provide corporate law consultancy in areas of drafting, due diligence, fund raising, loan documentation, intellectual property rights, taxation and Labour law compliances.

Due Diligence in mergers and acquisitions is the process of evaluating and investigating a prospective business decision by getting information about the financial, legal, intellectual and other material information from the other party. The ultimate goal of such activities is to make sure that there are no hidden drawbacks or traps associated with the business transaction under consideration. By performing due diligence, a perfect strategy can be evolved to carry out the merger or acquisition.
Mergers and acquisitions revolve around certain specific steps and due diligence is the first step to make the end business successful. Due diligence helps in understanding the following about the company:

• Capital structure including shareholding pattern
• Composition of board of directors
• Shareholders’ agreement or restrictions on the shares, for example, on voting rights or the right to transfer the shares
• Level of indebtedness
• Whether any of its assets have been offered as security for raising any debt
• Any significant contracts executed by it
• The status of any statutory approvals, consents or filings with statutory authorities
• Employee details
• Significant litigation, show cause notices and so on relating to the target and/or its areas of business
• Intellectual property of the company
• Any other liability, existing or potential.

In an increasingly global-scale business environment, the valuation issues surrounding mergers and acquisitions, financial reporting, restructuring, tax planning and disputes have become more complex than ever. Moreover, with India accepting the convergence with globally accepted International Financial Reporting Standards (IFRS), accounting challenges that may have to be tackled during implementation cannot be ignored. We provide a wide range of valuation services. We provide assistance in the following areas:

i. Tangible Asset Valuations

We assist our clients in evaluating, identifying and valuing tangibles and intangibles for the purpose of purchase price allocation (PPA) and also advise clients on accounting impacts before deal execution by carrying out pre-deal PPAs.

ii. Intangible asset valuations:

We value and apprize intellectual property assets like patents, copyrights, trademarks, trade names or brands, research and development assets, products in R&D stages, etc. We review license and franchise agreements from a valuation perspective. We also value and evaluate intangible assets like contractual and non-contractual customer relationships, core deposit intangibles, customer lists and non-compete agreements.

iii. Share valuation

We offer independent advice to boards of directors to help them determine the right price to pay or accept for a business. We help evaluate shareholder value for stakeholders.

iv.Business valuation

Business Valuation for a broad range of industries including financial and professional services, technology, manufacturing, hospitality, etc.

Valuation issues

The use of valuation of an asset/share/business in a specific transaction shall have a multi-fold effect impacting various stakeholders at various levels. For example: parties to the transaction, income tax department, RBI & many other minor stakeholders.

Services

• In-depth analysis of different variables in the valuation study.
• Expert level solutions to adhere various regulatory compliance.
• Certifications as per different regulatory authorities.

We provide the following services under IFRS:

• Review existing accounting policies and suggest changes for compliance with IND AS/IFRS
• Assist in preparing IND AS/IFRS compliant financial statements
• Develop and implement roadmaps and blueprints for IND AS/IFRS adoptions
• Develop and review administrative and internal control procedures in relation to IND AS/IFRS
• Assist in forming an opinion in any IND AS/IFRS related matter
• Assist in filing IND AS/IFRS financial statements in XBRL format
• Help companies in estimating the fair value of an asset/liability in accordance with IND AS/IFRS

A business plan is a formal statement of a set of business goals, the reasons why they are believed attainable, and the plan for reaching those goals. It may also contain background information about the organization or team attempting to reach those goals.

Objective

• To raise capital or debt
• For the investors to make investment decisions
• Structuring deals
• Future planning by top management
• To arrive at the capital requirement of the company

We take end to end responsibility to prepare business plans for companies based on inputs from the management in the following areas:

• Revenue and cost
• Human resource employed
• Working capital cycle which includes the details of stock, debtors and creditors
• Proposed leverage ratio and
• Historical financial statements

An employee stock ownership plan (ESOP) is an employee-owner program that provides a company's workforce with an ownership interest in the company. In an ESOP, companies provide their employees with stock ownership, often at no up-front cost to the employees. The designing of an Equity based compensation scheme goes through three stages - conceptualization, consummation and communication. Here how we can help you start crafting an ESOP/ESAR plan:

• Determining the objective of the management
• Involving a specialized team to take the required inputs to make sure the items in the plan can be done effectively
• Customized/Fixed time frame to implement the plan and delivering timely communication

Our experts advise on outlining an optimal deal and assist in effecting the transactions. We provide better solutions to support a wide range of transactions by understanding the pros and cons involved and see that the ultimate objectives of the arrangement are achieved by providing a list of alternative routes available. We also ensure that the arrangement is in compliance with all applicable statutes.

Our experts have the experience and tools to advise you on all your international and regional tax needs.

• International and local tax
• Risk assessment and cross-border employment tax optimization
• Social security

We provide tax planning services for individuals, corporations, and other organizations through the lens of mobility.

• Cross-border employment taxes
• Workforce tax planning
• Technology, automation, and digitization

Our expertise in global, regional, and local tax codes helps individuals, business owners, and family offices.

• Cross-border tax planning
• Social/wealth equity tax
• Risk and compliance assessment
• Proactive guidance

We can create plans that help you optimize tax strategies, planning, and implementation

• Cross-border employment tax optimization
• Workforce tax planning
• Technology automation and digitization

We will be facilitating to form a various type of business entity preferred by most start-up aspirants. An entity can be a Private Limited Company, One Person Company, LLP, partnership firm. In line with the startup India initiative of the government of India, we help in building a strong ecosystem that is conducive for the growth of startup businesses. With our revolutionary portal and user-friendly design, you will love the experience.

We help you in obtaining the TAN, PAN and GST registration number in no time to begin processing all payments in the business. We assist you with obtaining a new registration as well as requesting changes in the already existing registrations without any hassle.

Protecting Intellectual Property is of utmost importance for any Company, with a long-term vision for its Brand. We assists clients in registration and end to end compliance related to matters of Intellectual Property Rights, including but not limited to Trademarks and Tradenames. A step wise process followed which includes Trademark Search, Trademark Registration, Trademark Renewal.

• In case of Labour laws, no inspection will be conducted for a period of 3 years
• In case of environment laws, start-ups which fall under the ‘white category’ would be able to self-certify compliance and only random checks would be carried out in such cases.
• Startup Intellectual Property Protection (SIPP) facilitates filing of Patents, Trademarks and Designs where there is fast-track examination of patent applications and rebate in fees.
• An equal platform has been given to start-ups to procure government contracts as that is given to experienced entrepreneurs/ companies.
• Fast Track dissolution process for start-ups is available under IBC,2016.

• Obtaining equity support from the Fund of funds for startups which is being operated and managed by the Small Industries Development Bank of India (SIDBI).
• Availing venture debt to startups, credit guarantee comfort through National Credit Guarantee Trust Company (NCGTC)/ SIDBI.
• Availing the benefit of exemption from income tax for a block of 3 years out of 10 years by getting a certificate of eligibility from the Inter-Ministerial Board (IMB).
• Capital Gain exemption to investors for investing in startups for the purpose of purchase of new assets.
• Acceptance of consideration for issue of shares which exceeds the Fair Market Value of such shares.

• Application to Department for Promotion of Industry and Internal Trade (DPIIT) to get the recognition of startup in order to avail all the benefits available for startups.
• Self-certified declaration with respect to compliance of conditions related to the registration of the startup.

Our team is fully conversant with Indian and International accounting software viz. Tally ERP, Quick-books, Zoho Books etc. We ensure that accounts are maintained in accordance with generally accepted accounting standards in India. Our team trained to review, analyze and highlight any potential issues to ensure timely remedial action.

In this fast changing and growing economy, compliances have become of utmost importance. Through our PAN India presence, we assist in regulatory compliances and advise on critical issues under various regulations enacted by Authorities. We provide a ‘one stop shop’ solution to businesses to manage the complexities of multiple compliances through a single window.

A specialized activity wherein we carry out a comprehensive diagnostic check of your business to identify compliance gaps, risks thereon and suggest mitigation measures. This helps in building up your corporate governance and provides comfort to the Management, Board of Directors, Shareholders and Auditors.

Preparation of Financial statements as per the applicable financial reporting framework and accounting standards. Analyses of the financial statements with respect of any major deviations. Defining the accounting policies of the entity.

Flash reports in the process of management audit helps the management in identifying the areas that required attention posing a threat on the efficiency and effectiveness of the internal control system of the organization.