Audit & Assurance

Income Tax Filing involves submitting your tax returns to the government, reporting your income, deductions, and tax liabilities. It ensures compliance with tax laws and helps avoid penalties.

Individuals, businesses, or entities earning taxable income above the prescribed threshold must file Income Tax Returns (ITR). This includes salaried employees, freelancers, and corporations.

Essential documents include your PAN card, Aadhar card, salary slips, bank statements, Form 16, and any proof of deductions you wish to claim.

GST Return Filing involves submitting details of your sales, purchases, and the taxes collected and paid under the Goods and Services Tax (GST) regime. It ensures compliance and helps businesses claim Input Tax Credit (ITC).

Any business registered under GST with a turnover above the prescribed limit must file GST returns regularly, including suppliers, service providers, and traders.

GST returns include GSTR-1 (sales), GSTR-3B (monthly return), GSTR-9 (annual return), and GSTR-4 (composition scheme). Different businesses file different returns based on their activities.

TDS (Tax Deducted at Source) Filing is the process where tax is deducted by a payer at the time of making payments such as salary or interest. The TDS returns must be filed regularly with the Income Tax Department.

Any individual or business deducting TDS while making payments to contractors, employees, or other entities is required to file TDS returns.

Late filing of TDS returns results in penalties, interest charges, and potential legal consequences. It's essential to file returns on time to avoid these issues.

Income Tax Assessment is the process where the Income Tax Department reviews your tax return, checks for accuracy, and verifies the tax liability. If discrepancies are found, additional taxes may be levied.

Respond promptly by providing the necessary documents and clarifications to avoid penalties. Consulting with a tax professional can ensure that the response is filed correctly.

GST Assessment is when the GST authorities evaluate the tax filings of a business, verifying its GST returns, and ensuring proper tax payments.

A GST Audit is conducted to verify the financial records and GST returns of a business. It's mandatory for businesses exceeding a specified turnover to undergo this audit annually.

Discrepancies may lead to penalties or fines. It's essential to maintain accurate records and file GST returns correctly to avoid such situations.

Statutory audits are mandatory audits conducted by external auditors as per the law. They assess a company’s financial statements for accuracy and compliance with applicable accounting standards.

Internal audits are conducted to evaluate the effectiveness of internal controls, risk management, and business processes. They help identify areas for operational improvement.

GST Registration is the process through which a business becomes registered under the Goods and Services Tax system. It allows businesses to charge GST and avail Input Tax Credit (ITC).

Any business with a turnover exceeding the GST threshold limit must register for GST. This includes both service providers and goods suppliers.

Startup valuation is the process of determining the economic value of a startup business. This is crucial for fundraising, mergers, or acquisitions.

It helps founders, investors, and stakeholders understand the potential worth of the business and makes informed decisions regarding investments, partnerships, and future growth.

Forming a company or Limited Liability Partnership (LLP) involves legal registration, obtaining licenses, and ensuring compliance with corporate laws. We help streamline this process.

Both Company and LLP structures offer limited liability protection, easier access to capital, and a formal business structure for professional credibility.

DPIIT (Department for Promotion of Industry and Internal Trade) Startup Registration is a government initiative that provides recognition to startups, offering various benefits such as tax exemptions and funding opportunities.

We assist startups in applying for DPIIT recognition, ensuring all documentation and criteria are met for eligibility.

Loan assistance involves helping businesses or individuals secure financing through various loan options. Our consultants assist with loan applications, documentation, and securing the best rates.

Loan eligibility depends on factors such as your credit score, income, business stability, and the type of loan. Our consultants can guide you through the application process to increase your chances of approval.

Insurance advisory services help individuals and businesses choose the right insurance policies to manage risk effectively. This includes life, health, property, and business insurance.

Our insurance advisors assess your business risks and recommend appropriate policies to ensure you are adequately covered for potential liabilities.

ROC (Registrar of Companies) compliances refer to the legal requirements for businesses to file annual returns and financial statements with the Registrar. Regular filing ensures your business remains compliant.

Failing to comply with ROC regulations can lead to penalties, fines, and the risk of company deregistration. Proper filing ensures the continued good standing of your business.

A Partnership Deed is a legally binding agreement that defines the rights, responsibilities, and profit-sharing structure between partners in a partnership business.

It provides clarity on the operational and financial aspects of the partnership, helping prevent disputes. Our consultants can assist in drafting a comprehensive and legally sound Partnership Deed.

RERA (Real Estate Regulatory Authority) Compliance refers to the adherence to the rules and regulations set by RERA for the real estate sector. It ensures transparency, accountability, and fairness.

Our experts provide guidance on how to comply with RERA’s regulations, from project registration to timely delivery of properties, ensuring smooth operations in the real estate market.