Assurance Services

Our separate division provides services relating to audits that include both statutory audits as well as internal audits. We also give comprehensive advice on various business matters which assist the corporate decision-making function. We also issue certificates as may be required under various statutory requirements from time to time.

1. Statutory Audit

Section 139 of the Companies Act, 2013 imposes an obligation on all the companies registered under the Companies Act, 2013 to have their financial statements audited by an eligible firm of Chartered Accountants. Our audit department (Separate Firm) undertakes the statutory Audit.

2. Tax Audits

Section 44AB of the Income Tax Act imposes an obligation on the corporates/ firms/ individuals, having prescribed annual turnover to appoint an auditor for conducting tax audits. Our audit department does the tax audit of corporates/ firms/ individuals and issues a report, required to be attached along with the tax return.

3. Internal Audit

We also undertake Internal Audit assignments to ascertain whether the company is in compliance to the provisions under the Income Tax Act, Companies Act, and any other statutes applicable to the company. The scope of our Internal Audit usually include, but is not limited to, the following areas :

(i) Review of Internal Control system and procedure.

(ii) Stock Audit,  Purchase Audit, Sales Audit.

(v) Inter Branch office reconciliation.

(vi) Cash/bank receipts and payments audit.

(vii) Salary and wages audit.

(viii) Compliance of various segments with the policies, plans, and procedures of the enterprise etc.

4. Miscellaneous Audits

We also undertake the statutory Audits of:-

(i) Non-profit/ charitable organizations

(ii) Superannuation Trusts maintained by Corporates for their employees

(iii) Gratuity Trusts maintained by Corporates for their employees

(iv) Provident Fund Trusts maintained by Corporates for their employees

4. Miscellaneous Audits

We also undertake the statutory Audits of:-

(i) Non-profit/ charitable organizations

(ii) Superannuation Trusts maintained by Corporates for their employees

(iii) Gratuity Trusts maintained by Corporates for their employees

(iv) Provident Fund Trusts maintained by Corporates for their employees

5. Miscellaneous Certifications

We also provide Chartered Accountants Certificate, required for various purposes under the various statutes, like:-

1. Certificate u/s 195 of Income Tax Act, for deducting TDS on making payment outside India;
2. Certification required under Foreign Trade Policy;
3. Certification required under FEMA;
4. Certification required GST Audit, etc.

5. Miscellaneous Certifications

We also provide Chartered Accountants Certificate, required for various purposes under the various statutes, like:-

1. Certificate u/s 195 of Income Tax Act, for deducting TDS on making payment outside India;
2. Certification required under Foreign Trade Policy;
3. Certification required under FEMA;
4. Certification required GST Audit, etc.