FAQ’s
Frequently Asked Questions
Yes, we leverage advanced tools for secure and efficient compliance solutions.
Yes, we manage accurate and timely returns for GST, TDS, Income Tax, ROC, and other regulatory filings on behalf of clients.
Yes, we manage accounting, RBI compliance, provisioning, and financial reporting tailored to NBFC regulations.
Absolutely. We advise and file correct TDS on software licenses, cloud services, and foreign remittances.
Our team monitors all regulatory updates from MCA, GST, Income Tax, SEBI, and RBI to ensure clients are always aligned with the latest legal requirements.
Yes. We conduct workshops on financial processes, internal controls, and compliance standards.
A Director Identification Number (DIN) is a unique identification number assigned to each director of a company by the Registrar of Companies (RoC). It is required for all directors before they can be appointed to a company.
From board meeting documentation to statutory audits, we provide full company law compliance services.
Yes. We handle complex JV structures, profit-sharing agreements, and consolidated reporting.
To form a Private Limited Company, the following requirements must be met:
- Minimum 2 directors (at least one must be a resident of India).
- Minimum 2 shareholders (can be the same as directors).
- Registered office address: The company must have a physical address for communication and legal notices.
- Director Identification Number (DIN): Every director must have a DIN, which is obtained by filing an application with the Ministry of Corporate Affairs (MCA).
- Digital Signature Certificate (DSC): A DSC is required to sign electronic document
The common types of audits include:
- Statutory Audit: A legally required audit under applicable laws, such as the Companies Act, Income Tax Act, or GST Act.
- Tax Audit: A detailed audit required for businesses whose turnover exceeds the prescribed limit under Section 44AB of the Income Tax Act.
- Internal Audit: Conducted by an internal team or external firm to assess and improve a company's internal controls, risk management, and operational efficiency.
- GST Audit: An audit of records under the Goods and Services Tax to ensure compliance with GST laws.
- Forensic Audit: Focuses on detecting and investigating fraud, financial mismanagement, or irregularities.
A Virtual CFO provides expert financial oversight, planning, and strategy on-demand without the cost of a full-time executive.
Yes, we assist with compliance, reporting, transfer pricing, and audit support for Indian and foreign subsidiaries.
Absolutely. We offer accounting and financial reporting in multiple currencies across global accounting platforms.
Yes, tailored investment and savings strategies are available.
Absolutely. We process MEIS, SEIS, RoDTEP, and duty drawback claims.
We offer interim CFO, controller, and strategic advisory services on demand for short-term or project-specific needs.
We offer strategic tax planning based on your income, business structure, and applicable deductions.
We provide IFRS-based accounting, global tax advisory, cross-border compliance, and outsourced bookkeeping services.
Yes, we build balanced portfolios with periodic reviews and tax-efficient rebalancing.
Yes. We follow strict data confidentiality protocols and use secure, encrypted platforms to ensure your financial information is fully protected.
Delays may attract penalties and disqualification. We ensure timely reminders and support to avoid non-compliance.
Yes, we provide GST structuring, litigation support, and impact analysis for complex business scenarios.
Yes, we offer strategic financial planning and assist with loans, grants, and investment advisory.
The basic documents needed for filing an ITR include:
- PAN (Permanent Account Number).
- Aadhaar Card (linked with PAN).
- Form 16 (for salaried individuals) or Form 26AS (for all taxpayers to verify tax credits).
- Bank statements for interest income.
- Details of other income like rental income, capital gains, etc.
- Proof of deductions such as Section 80C (life insurance, PPF), Section 80D (health insurance premiums), etc.
- TDS certificates (if any).
- Details of property sold or purchased.
- Details of foreign income or assets (if applicable).
- Previous year’s ITR (if available).
Yes, we ensure full legal and financial compliance for education trusts and institutions.
We use QuickBooks, Xero, Zoho Books, and custom ERP systems for global accounting needs.
Yes, under Section 80D, you can claim deductions for premiums paid on health insurance policies for yourself, your spouse, children, and parents. The deduction is:
- Up to Rs. 25,000 (Rs. 50,000 if the taxpayer or any family member is a senior citizen) for self, spouse, and children
- An additional Rs. 25,000 (Rs. 50,000 for senior citizens) for parents.
Absolutely. We handle regular and event-based RBI compliance filings for NBFCs and financial entities.
Income Tax is a tax imposed by the government on the income earned by individuals, companies, or other entities. The amount of income tax you owe depends on the level of income you earn during the financial year and the applicable tax rate.
Yes. We evaluate custom duty implications, HS code classification, and suggest savings options.
Yes. We provide capital gains planning, TDS on immovable properties, and deal structuring.
What is the difference between a Private Limited Company and an LLP (Limited Liability Partnership)?
- Private Limited Company: A separate legal entity with shareholders who own shares in the company. It has more regulatory requirements but offers limited liability protection.
- LLP: A partnership with limited liability for its partners. It is easier to manage and has fewer compliance requirements compared to a private limited company. However, it cannot raise funds by issuing shares.
We assess your financial goals, risk appetite, and timeline to craft a strategy aligned with your unique needs.
Yes, from LLP to Pvt Ltd setup, we guide on the right business structure for your retail or e-commerce startup.
Absolutely. We work with platforms like Tally, QuickBooks, Zoho Books, and other cloud-based tools to streamline your bookkeeping and improve financial visibility.
Yes. We handle AD filings, FIRC reconciliation, and compliance with FEMA guidelines.
We ensure proper GST applicability analysis, input credit management, and compliance for non-exempt healthcare services and pharma sales.
Yes. We review bid documentation, eligibility requirements, and compliance for government tenders.
Yes, we reconcile payments from Razorpay, Paytm, UPI, and other gateways with accurate reporting.
Wealth management helps grow, protect, and manage your finances through personalized investment strategies, tax planning, and risk management.
Yes. We provide ESOP taxation, structuring, and compliance services.
Yes, we help ensure full RBI compliance, reporting accuracy, and risk mitigation.
Audit and assurance services verify the accuracy of financial records, ensuring transparency, trust, and compliance with regulations. It helps build stakeholder confidence and reduces financial risks.
Yes, we assist in stress testing, provisioning, and credit risk assessments of loan portfolios.
We serve sectors like healthcare, education, IT, NGOs, startups, real estate, and more with industry-specific financial consulting.
Yes, we prepare accurate books and reports that meet audit standards, helping you stay ready for statutory, internal, or external audits with confidence.
We provide bookkeeping, GST returns, TDS filing, and financial reports tailored to SME business operations.
We offer comprehensive accounting services, including ledger maintenance, financial statement preparation, bank reconciliations, MIS reporting, and customized bookkeeping solutions tailored to your business needs.
Absolutely, we assist with business setup, registration, and compliance, guiding you through legal requirements, documentation, and strategic planning for a successful launch.
Yes. We review premium collection processes, reconciliation, and accounting.
You can check the status of your income tax refund by logging into the Income Tax Department’s e-filing portal and selecting View Refund Status. Alternatively, you can check it on the official Income Tax Department website.
If you miss a tax filing deadline:
- You may incur penalties and interest on the outstanding tax.
- The CA will guide you on how to regularize the situation, which may include filing late returns with applicable penalties.
- In some cases, you might be able to apply for penalty waivers if you have a reasonable explanation.
We conduct periodic reviews and rebalancing to ensure alignment with market trends and client objectives.
Yes, we help clients prepare for and respond to audits or inspections from income tax, GST, ROC, or labor departments, ensuring compliance and documentation.
The cost of our services varies based on the scope and complexity of your needs. We offer competitive pricing and personalized quotes after an initial consultation to understand your requirements.
Yes, we provide budgeting and fund management guidance for sustainable growth.
Yes. We provide real-time reporting, inventory controls, and analytics integrated with your POS or ERP.
Absolutely, we conduct statutory and internal audits to meet regulatory standards.
We build optimized tax structures, handle litigation support, and ensure regulatory compliance.
A belated ITR is a return filed after the due date but before the expiry of 1 year from the end of the relevant assessment year. A belated return incurs a late filing fee and may attract interest on outstanding taxes.
Yes, through thorough risk assessment and strategic financial planning.
Yes. We implement and audit internal control systems to ensure transparency and accountability.
We offer wealth management, estate planning, tax optimization, and investment advisory for HNIs.
Our advisory ensures you choose the right financial product with optimal terms, reducing cost and improving cash flow.
We provide cost optimization, risk advisory, internal controls, forensic audits, and regulatory strategy services.
Yes, we prepare and file AOC-4, MGT-7, DIR-3 KYC, and other required forms on your behalf.
Yes, we process GST refund claims on export of services with full documentation support.
Common returns include GSTR-1, GSTR-3B, GSTR-9, and GSTR-9C, depending on business type and turnover.
ROC filings, tax audits, GST compliance, payroll processing, and more—end-to-end regulatory support is available.
In India, you can form several types of companies, including:
- Private Limited Company: A company with a limited liability, restricted to a small number of shareholders, and cannot invite public investment.
- Public Limited Company: A company that can offer shares to the public and has a minimum of seven members and three directors.
- Limited Liability Partnership (LLP): A hybrid structure combining elements of a company and a partnership. It provides limited liability to its partners.
- One Person Company (OPC): A company structure that allows for a single person to form and own the company with limited liability.
- Section 8 Company: A non-profit company formed for charitable purposes, with special benefits under tax laws.
Yes. We manage financial statements, solvency compliance, and actuarial-linked accounting standards.
Absolutely. We have extensive experience supporting PSUs with budgeting, internal controls, audits, financial reporting, and regulatory filings.
We offer accounting, payroll, international taxation, transfer pricing, and strategic advisory for IT & software firms.
Absolutely. We handle salary structuring, TDS, PF/ESIC filings, and full payroll processing.
Yes, we provide end-to-end outsourced bookkeeping services, ensuring accurate, timely, and compliant financial records so you can focus on core business operations.
We assist with GST registration, return filing, reconciliations, audits, and handling notices to ensure full compliance with current tax regulations.
Not all businesses are required to undergo an audit. However, if your business meets certain thresholds (e.g., annual turnover exceeding Rs. 2 crore for tax audits under the Income Tax Act), you must conduct a statutory audit. A CA will advise if your business needs one.
Yes, we provide regular MIS reports, budgeting tools, and cost optimization strategies for healthcare entities.
Income tax is applicable to:
- Individuals whose total income exceeds the basic exemption limit (Rs. 2.5 lakh for individuals below 60 years)
- Hindu Undivided Families (HUFs) and individuals engaged in business or professional activities.
- Companies or corporate entities.
- Partnership firms (including LLPs) and trusts.
Absolutely. We assist in CAG audits, AG audit responses, and ensure statutory audit preparedness.
Yes. We track production costs, variances, and suggest methods to enhance efficiency.
Yes, we manage staff payroll, taxation, and related compliance.
Absolutely. We advise on capital gains, rental income, and tax-efficient real estate investment strategies.
We offer cost accounting, GST, income tax, payroll, and internal audit for manufacturing setups.
Yes, we help with tax-efficient structuring for cross-border transactions and investments.
We provide accounting, GST, TDS, and MIS reporting tailored for hospitality operations.
If your tax payments (through TDS or advance tax) exceed your tax liability, you are eligible for a refund. You can check the status of your refund by logging into the Income Tax e-Filing portal. Refunds are typically processed within 3-6 months of filing, but it can vary depending on the case
Yes, we manage salary processing, TDS deductions, and compliance for full-time and project staff.
Yes, a CA can assist you year-round with tax planning:
- Minimizing tax liability through strategic planning.
- Ensuring deductions and exemptions are claimed properly.
- Investment advice to reduce tax burdens, such as using tax-saving instruments.
Yes, including DTAA, transfer pricing, and cross-border taxation advisory.
We assist in legal structuring, registration, and compliance setup.
- Director: A director is responsible for the management and decision-making of the company. Directors may be shareholders, but not all shareholders are directors.
- Shareholder: A shareholder is an individual or entity that owns shares in the company and has a claim on its profits (dividends) and voting rights at general meetings.
For tax filing, you will need your income statements, expense receipts, previous year’s tax returns, investment documents, and any other relevant financial records. Our team can guide you on specific requirements.
Yes. We help with statutory, tax, and ESG audits for manufacturing units.
Yes, a foreign national or a foreign company can form a company in India. However:
- A foreign national can be a shareholder, but at least one director must be a resident of India.
- For foreign investment, certain regulations under the Foreign Exchange Management Act (FEMA) and the Reserve Bank of India (RBI) guidelines must be followed.
Absolutely. We tailor CFO services based on business goals, industry requirements, and financial scale.
Yes, we offer audit, internal controls, procurement compliance, and advisory to Public Sector Undertakings.
Yes, we provide accurate financial reporting for donors, CSR funds, and grant disbursements.
Yes, we handle registration, MOA drafting, DIN application, and all incorporation formalities.
Yes. We ensure correct deduction, deposit, and reporting of TDS on agent commissions.
Yes. We manage day-to-day accounts, GST, TDS, ROC filings, and more.
Yes, every company must have a registered office in India. This is the official address for receiving all communications from the government, such as notices and documents. The registered office address must be updated with the Registrar of Companies (RoC).
As per the Companies Act, 2013, there is no minimum capital requirement to form a private limited company. However, the company must have an authorized share capital, which can be as low as ₹1.
Yes, we manage foreign income declarations, DTAA benefits, and FATCA compliance for global income earners.
Absolutely, we provide cloud-based bookkeeping and expense tracking.
We evaluate interest rates, processing fees, repayment flexibility, and terms to find the best lender fit.
Yes. We handle consolidation, intercompany accounting, and compliance for large corporate groups.
Yes, we assist freelancers in GST registration and filing.
CA Yash Garg offers statutory audits, internal audits, tax audits, compliance audits, and forensic audits tailored to your business needs.
All registered companies must comply with ROC filings, including annual returns, board resolutions, and statutory registers.
Startups, growing SMEs, and companies in transition benefit the most from cost-effective strategic financial leadership.
Yes. We manage forex accounting, hedging strategy, and international reporting standards.
Yes, we provide GST registration, filing, and advisory for coaching centers.
Absolutely. We maintain books, prepare utilization reports, and assist in statutory and internal audits.
No. Our services are designed for individuals, professionals, and families across various income levels aiming for financial growth.
Absolutely. We support IPO readiness, financial due diligence, and compliance for listing requirements.
ITC can be claimed on business-related purchases, provided vendor compliance is met and invoices are accurate.
Yes. From service tax legacy matters to current GST and TCS on travel, we’ve got you covered.
We offer funding support, investor readiness, and process streamlining to help SMEs grow sustainably.
Yes. We guide in correcting credit reports, managing debts, and building a strong credit profile for financing.
Yes. We perform regular internal and risk audits to maintain robust governance.
Yes, we guide you through FEMA regulations, foreign investments, and RBI filings to ensure lawful inflow of foreign capital into your Indian business.
Absolutely. We create investor-ready financials, valuations, and projections.
Yes, we handle representation before tax authorities for assessments, scrutiny cases, and appellate proceedings.
We handle direct tax, income tax returns, TDS compliance, tax audits, assessments, and advisory.
We provide regulatory compliance, auditing, and financial advisory services tailored for banking institutions.
Yes, we offer accounting, GST compliance, and reconciliation for platforms like Amazon, Flipkart, Shopify, and more.
Some benefits of filing ITR include:
- Tax Refund: If excess tax has been paid or deducted, filing an ITR allows you to claim a refund.
- Carry Forward of Losses: Losses from previous years (like business loss, capital loss) can be carried forward to offset future income.
- Loan Applications: Filing ITR is required when applying for loans (home loan, personal loan, etc.).
- Financial Proof: It serves as a proof of income when applying for visas, credit cards, and government schemes.
- Avoid Penalty: Filing your ITR on time helps avoid penalties for late filing or non-filing.
Yes, we guide on compliance with CDSCO, FDA, and state drug regulatory requirements.
Yes, we manage TDS deductions and return filings.
We provide comprehensive accounting, auditing, taxation, financial advisory, and consultancy services to businesses and individuals, ensuring compliance and optimizing financial performance.
- Even if you are a start-up or small business, you may still need an audit depending on the legal structure of your business and the turnover:
- Private limited companies and partnership firms above a certain threshold will need to have an audit under the relevant provisions of the Companies Act or Income Tax Act.
We ensure correct GST classification, TCS reconciliation, and timely return filing for smooth compliance.
A Director’s Report is a formal report issued by the board of directors of a company outlining the company’s performance, significant activities, and other important matters during the financial year. It is usually part of the Annual Report and is required to be submitted with the annual accounts to shareholders at the Annual General Meeting (AGM).
Absolutely. We advise on pricing models, margin analysis, and tax-efficient product strategies.
If you miss the deadline for filing your ITR:
- You may have to pay a penalty under Section 234F (Rs. 1,000 for income up to Rs. 5 lakh and Rs. 5,000 for income above Rs. 5 lakh).
- You can file a belated return within 1 year from the end of the assessment year, but you may lose out on certain benefits (like claiming some deductions, carrying forward losses, etc.).
- Interest under Section 234A may be charged on any outstanding taxes due.
Stay updated on tax regulations by subscribing to our newsletter, following our blog, or attending our webinars and seminars where we provide the latest information and expert analysis.
Yes, we handle FCRA registration, renewals, Form FC-4, and all related filings.
Yes, we ensure compliance with STPI, SEZ, and FEMA requirements for export-oriented IT companies.
Yes. We offer M&A support, valuations, due diligence, and integration advisory for financial institutions.
We provide audit, compliance, taxation, M&A advisory, transfer pricing, and virtual CFO services for corporates.
Income tax deductions reduce your taxable income, thereby lowering the amount of tax you need to pay. Some common deductions are:
- Section 80C: Up to Rs. 1.5 lakh for investments in PPF, EPF, life insurance premiums, and more.
- Section 80D: Premium paid for health insurance policies (for self, family, and parents).
- Section 24(b): Deduction on home loan interest (up to Rs. 2 lakh per year).
- Section 10(14): For certain allowances like house rent, travel allowance, etc.
We ensure accurate IND-AS adoption, disclosure, and financial reporting for financial institutions.
We prioritize client confidentiality by employing advanced security measures, strict data protection policies, and secure communication channels to safeguard your financial information.
Yes, we offer flexible arrangements—monthly retainers, part-time involvement, or project-specific mandates.
We ensure correct rate application, input tax credit eligibility, and compliance.
You are required to file an ITR if:
- Your total income exceeds the basic exemption limit
- You are a business owner or professional.
- You are claiming refund of excess tax paid.
- You need to carry forward losses (e.g., business loss, capital gains loss).
- You meet other specific criteria, such as owning foreign assets or being a resident with foreign income.
Businesses should conduct audits annually to ensure financial accuracy, compliance with regulations, and to identify any discrepancies or areas for improvement.
Yes. We offer end-to-end personal financial planning tailored to life goals and future needs.
The last date to file an ITR is usually 31st July of the assessment year for individual taxpayers. However, this date may be extended by the government in certain circumstances. For companies and businesses, the due date is usually 30th September.
Yes, we handle income tax filing and optimization for freelancers.
Yes. We streamline accounting for chains, franchises, or multiple hotel properties.
Yes. We handle multi-role payroll, gratuity, bonuses, and statutory compliance.
Absolutely. We analyze costs, set budgets, and implement financial controls for improved efficiency.
Yes, we prepare project reports, CMA data, and handle communication with banks and NBFCs.
We assist with business loans, working capital finance, term loans, home loans, and personal loans.
The threshold varies; for FY 2023–24, it's ₹1 crore for businesses and ₹50 lakh for professionals (subject to conditions).
Yes. We track fund usage and prepare utilization certificates and budget compliance reports.
Yes, we offer online accounting services, including virtual consultations, digital document management, and real-time financial reporting, making it convenient for you to manage your finances remotely.
Yes. We help with registration, quarterly updates, and RERA audit reporting.
Yes, we help compute, plan, and file advance tax in a timely and accurate manner.
Yes, we recommend instruments like ELSS, PPF, NPS, and insurance for tax efficiency under applicable sections.
Yes. We handle Import Export Code registration and DGFT compliance for new businesses.
Yes, we handle IT return filing for salaried, freelancers, NRIs, and HNIs with personalized tax planning.
Absolutely. We help with cash flow planning, peak season budgeting, and lean period optimization.
Yes, we handle 12A, 80G, FCRA, and trust deed drafting for NGOs and charitable institutions.
A compliance audit checks adherence to applicable laws, regulations, and standards, covering areas like tax filings, labor laws, environmental laws, and industry-specific rules.
We update your accounts daily, weekly, or monthly based on your business model and preferences, ensuring real-time insights and compliance.
Yes. Strategic planning, cash flow analysis, and financial dashboards are part of our SME CFO services.
Our services include financial planning, budgeting, MIS reporting, fundraising support, compliance, and risk management.
We provide help with statutory registrations, opening bank accounts, drafting legal documents, and ensuring initial compliance filings are completed on time.
Yes. We file GST LUTs and refund applications for zero-rated exports.
The duration of an audit depends on the size and complexity of your business. Typically:
- Small businesses: 1-3 weeks.
- Medium to large businesses: 3-6 weeks or more.
Businesses and organizations must get their financials audited if they meet certain criteria. Some common cases include:
- Companies: All companies are required to undergo an annual statutory audit, regardless of their size or turnover.
- Partnerships & LLPs: If the turnover exceeds a certain threshold (e.g., Rs. 1 crore for a partnership firm under tax audit provisions), a tax audit is mandatory.
- Professionals: Professionals (e.g., doctors, lawyers) with income above a specified limit may also need to undergo an audit under Section 44AB.
Late filing attracts interest and late fees, which vary based on the nature and amount of the delay.
Yes, we provide support for GAAP, IFRS, and other local compliance standards.
We advise on mutual funds, bonds, equities, real estate, insurance, and other customized investment instruments.
We ensure legal compliance with FCRA and RBI norms, and assist in tax planning for such donations.
- Internal Audit: Conducted internally to assess the effectiveness of an organization’s internal controls, risk management, and operational efficiency. It is an ongoing process and usually performed by an in-house team or outsourced firm.
- Statutory Audit: Conducted by an independent auditor to comply with legal requirements and ensure the financial statements of a business or organization are accurate and truthful.
Yes, we develop turnaround strategies for financially distressed businesses through operational and financial restructuring.
Yes. We help with CMA reports, lender communication, and financial projections for funding.
- Tax evasion is the illegal act of deliberately avoiding paying taxes by underreporting income, inflating expenses, or hiding money. It is punishable under the law.
- Tax avoidance is the legal practice of minimizing your tax liability by using provisions in the tax laws, like tax-saving investments, deductions, and exemptions.
Yes, we offer complete accounting, billing, and compliance solutions tailored to healthcare and pharmaceutical businesses.
Absolutely. We streamline compliance, reporting, and tax planning across locations.
We provide project-based accounting, revenue recognition, GST, and tax planning for real estate projects.
Absolutely. We assist with regulatory filings, audit submissions, and internal controls for IRDAI norms.
If discrepancies, errors, or issues are found during an audit, the auditor will:
- Raise queries to clarify the issues.
- Request additional documentation or adjustments to financial records.
- If fraud or illegal activities are suspected, the auditor may report it to relevant authorities (e.g., Income Tax Department, Police).
Yes. We handle legacy indirect tax disputes and reconciliations.
Yes. We review your model, suggest optimizations, and build scalable structures.
Absolutely. We help with end-to-end documentation including project reports, CMA data, and lender coordination.
Yes, we conduct risk-based internal audits and provide control recommendations for financial health.
We assist in accurate and timely financial reporting and disclosures.
Yes, including appointment of CS, compliance reports, and audit assistance under applicable laws.
Yes. We structure founder equity, ESOPs, and maintain cap tables for investor tracking.
Yes. Our experience spans manufacturing, tech, finance, real estate, and other corporate sectors.
The auditor’s primary responsibility is to verify that the financial statements are accurate and comply with applicable laws. While the auditor does not have a duty to detect fraud, they are required to plan the audit to identify material misstatements, whether caused by fraud or error. If fraud is suspected, the auditor must report it to the appropriate authorities.
To schedule a consultation, you can contact us via our website’s contact form, call our office directly, or email us. Our team will promptly arrange a convenient time for you.
Yes. We manage MEIS, RoDTEP, and other export incentive documentation and filing.
GST is a unified tax for goods and services in India. Any business exceeding the threshold turnover limit must register for GST.
Yes, the name of a company can be changed after registration by passing a special resolution and filing the appropriate forms (Form MGT-14 and INC-24) with the Registrar of Companies (RoC). The new name must also be approved by the RoC.
Yes, we conduct statutory audits to comply with regulatory requirements, providing a fair view of the company’s financial position to stakeholders and authorities.
Internal audits identify operational risks, improve internal controls, ensure process efficiency, and safeguard assets—resulting in better overall governance.
Only if income crosses audit threshold; we assist accordingly.
A tax audit is an examination of the financial records of a business or individual to ensure that the income tax returns are filed accurately. It is mandatory for:
- Businesses with a turnover exceeding Rs. 1 crore (Rs. 5 crore if 95% of transactions are digital).
- Professionals with gross receipts exceeding Rs. 50 lakh.
We use KPIs, financial dashboards, and regular reports to ensure accountability and strategic progress.
Absolutely. We evaluate your operational and tax goals to recommend the ideal legal structure, whether it's LLP, Pvt Ltd, or any other entity.
We provide tax planning, exemptions under Section 80-IAC, and return filings.
We offer internal and external audit services for transparency and accuracy.
Company registration generally takes about 7 to 15 days if all documents are in order and the application is submitted correctly. Delays can occur if there are discrepancies in the application or name approval.
We handle TDS returns, GST compliance, and tax audits for government departments and PSUs.
We assist with setting up sole proprietorships, partnerships, LLPs, private limited companies, and more—tailored to your business goals and regulatory requirements.
Outsourcing accounting helps you save time and costs, ensures accuracy and compliance, provides expert insights, and allows you to focus on core business activities.
Yes, once the company is formed, it must comply with statutory filing requirements, including submitting annual returns and financial statements with the Registrar of Companies (RoC). These filings must be done within a specific time frame after the end of the financial year.
We ensure correct GST treatment, input credit reconciliation, and advisory on exempt and taxable portions.
Yes, we handle company incorporation, PAN/TAN, GST registration, and sector-specific licenses to ensure your business is legally compliant from day one.
Yes, we provide debt restructuring, refinancing, and revival plans for stressed or growing businesses.
TDS is the tax deducted by the payer (such as an employer, bank, or business) before making a payment to you. The amount deducted is then deposited with the government. You can claim this amount as a credit when filing your ITR. If the TDS deducted exceeds your actual tax liability, you are eligible for a refund.
We study your business model, market, and goals to tailor services for maximum impact and compliance.
We continually monitor industry updates, government notifications, and global trends to maintain service relevance.
Depending on your business type, you may need monthly, quarterly, or annual filings. We ensure timely compliance with ROC, GST, TDS, and other regulations.
The due date for filing an ITR is generally 31st July of the assessment year for individuals, except in cases where the taxpayer is required to get their accounts audited. In such cases, the deadline is usually 31st October. However, the government can extend the deadlines based on certain circumstances.
- Statutory Audit: Conducted to verify the accuracy and fairness of the company's financial statements and to ensure compliance with applicable laws, including the Companies Act.
- Tax Audit: Focuses on the accuracy of the tax return and financial records of a business or individual. It is required under Section 44AB of the Income Tax Act for businesses with turnover exceeding certain limits.
Yes, whether it's pharma, education, real estate, or manufacturing, we offer industry-specific compliance services tailored to regulatory needs and sector guidelines.
Yes. We handle everything from name approval to incorporation, PAN, TAN, and bank setup.
Yes, we integrate with cloud platforms like Zoho, QuickBooks, and Tally to streamline IT accounting.
Yes. We ensure correct GST classification, invoicing, and input credit reconciliation.
We assist with ROC filings, GST, income tax, PF/ESI, CSR, and industry-specific regulations, ensuring your business complies with Indian laws at all levels.