Audit of listed and unlisted companies under the Companies Act, 1956;
Audit of Banks under the Banking Regulation Act, 1949;
Audit of stockbroking entities under the Securities Contracts (Regulation) Act, 1956;
Audit of Mutual funds under the Securities and Exchange Board of India Mutual Fund Regulations;
Audit of large business entities (corporate and non-corporate) under the Income Tax Act, 1961;
Audit of business entities under VAT laws of various states;
Audits required under exchange control regulations (liaison offices, site offices and branch offices of foreign companies);
Audit of non-profit organisations (charitable organisations) under the Bombay Public Trust Act, 1950 and under the Foreign Contribution (Regulation) Act;
General Purpose audits of companies under IFRS.
Under most Indian laws, various matters are required to be certified by chartered accountants. S R S provides such attestation and certification services under various laws.
Audit of listed and unlisted companies under the Companies Act, 1956;
Reconciliation of Indian GAAP compliant accounts with accounts under IFRS or UK GAAP
Advising and assisting Indian companies in preparing for IFRS, which is to shortly become mandatory for Indian companies
Training of employees of companies on IFRS to enable them to understand the changes that would be required under IFRS, to smoothen the transition to IFRS
Evolving tax strategies and structures which would minimise tax incidence through a detailed evaluation of:
Double Tax Avoidance Agreements entered into by India with various countries;
Tax incentives and tax holidays and
Tax incidence in other countries.
Capital gain tax for short term as well as long term.
Providing opinions on various complex tax issues;
Tax planning for Non-Resident Indians, overseas entities desirous of setting up a business in India and Indian entities desirous of setting up an overseas business/base;
Tax representation before the Indian tax authorities at all levels (up to the Income Tax Appellate Tribunal);
Transfer Pricing studies;
Advising organizations in designing a tax-efficient salary structure of employees;
Advising on the applicability of withholding taxes and providing certification services for outward remittances;
Preparation and e-filing of tax returns (income tax, withholding tax returns) for individuals as well as corporates in India and various other procedural compliances such as preparing and filing applications for a Permanent Account Number, Tax Deduction Account Number, certificate for non-deduction of taxes at source, etc.
Updating clients on developments in the field of direct taxes which could have a bearing on their business
Preparation and e- filing of TDS returns and Compliance for Individuals as well as corporates.
Advising on structuring of transactions, which would help minimize the incidence of State Value Added Taxes and Service Tax within the framework of the applicable laws;
Advising clients on the transition to Goods and Service Tax;
Rendering opinions on various complex issues under indirect tax laws;
Representation before the Indian tax authorities;
Advising on issues relating to VAT, sales tax, Excise Duty, works contract tax, service tax, claim of Cenvat Credit etc;
Preparing and filing of tax returns under VAT, Central Sales Tax, Service Tax, Excise duty and advising on the quantum of tax payments and
Audit and assurance services required under Sales Tax Laws of different states.
Company incorporation formalities including name approval, drafting of Memorandum & Articles of Association;
Incorporation of Limited Liability Partnerships, partnership firms, restructuring of LLPs and partnership firms pursuant to admission/retirement/death of partner, dissolution of LLP/partnership firm and drafting of documents in connection thereto;
Company secretarial services such as drafting of minutes, registration of charges, filing of returns, annual accounts and other documents with the Registrar of Companies.
Accounting and preparation of Accounts Receivable/Payable Function;
Payroll processing and related Tax Deduction at Source formalities;
Compilation and maintenance of Fixed Asset records;
Transaction processing for Foreign Institutional investors Special Purpose Vehicles and liaison offices in India of foreign enterprises and such other similar entities; and
Maintenance and reconciliation of investment records.
Executive selection at all levels through our in-house data base as well as through placement of advertisements in newspapers and other professional journals and
Designing tax-efficient compensation structure for employees.
Preparation of Monthly Salary Sheet.
Deductions as per applicable laws like Income Tax, Provident fund and Professional Tax etc.
Computation and deposit of TDS, ESI, PF etc.
Disbursement/ Online Payment of Salary.
Pay slip by password protected e-mail.
Reimbursement of telephone, medical bills etc.
Issue of Form 16 to employees.
Periodic Reconciliation of payments/statutory deductions etc. with books of accounts.