Indian Tax Firm

TAX & AUDIT

tax audit

There are various kinds of audits being conducted under different laws such as company audit/statutory audit conducted under company law provisions, cost audit, stock audit etc. Similarly, income tax law also mandates an audit called ‘Tax Audit’. As the name itself suggests, tax audit is an examination or review of accounts of any business or profession carried out by taxpayers from an income tax viewpoint. All these enable tax authorities in verifying the correctness of income tax returns filed by the taxpayer. Calculation and verification of total income, claim for deductions etc., also becomes easier.

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 Our team consists of experienced professionals who have been through the highs and lows of starting and running businesses. We offer expert guidance and practical advice to help you navigate the complexities of entrepreneurship with confidence.

Gst law & Compliance

Compliance guidelines regarding the new system of GST set forth a sense of discipline among the citizens of India. It mandates each business to comply with the various GST guidelines and pay taxes without missing out. That is why each business must compulsorily adopt the GST compliance protocols that the government had set forth for them to follow.

income tax & compliance

Payables management is the handling of a company’s unpaid debts to third-party vendors for purchases made on credit. Account payables management involves tasks such as seeking trade credit lines, acquiring favorable terms of purchase, and managing the timing and flow of purchases.

Management of the AP process is all done to efficiently control a company’s working capital.This can result in slower deliveries, less willingness to fix issues, delayed responses to important queries, and stricter payment terms.

audit servies

Any business, whether big or small, public or private, for-profit or nonprofit, needs to have a good handle on its finances. This is where monthly financial statements come in. Monthly financial statements are reports that show a company’s financial performance and position over a period of time, typically one month. They can give business owners and managers a snapshot of how the company is doing and help them make informed decisions about where to allocate resources.