BTA Compliances

We provide consultancy in the area of taxation and other laws. In case client is starting a new business or expanding the business we give them advice on the taxation and other legal aspects he/she needs to consider.

a. ACCOUNTING AND FINANCIAL REPORTING

The firm provides their skilful services from basic functions like book keeping to managing corporate assets, providing assistance in auditing of corporates, our experts provide complete assistance to help you manage your accounts. Our processes include:

• Consultancy for IFRS applicability and implementation for the same
• Providing basic training to corporate employees on Indian Accounting Standards (Ind AS) during initial stages of implementation of the same and advanced level consultancy at later stages of functioning under Ind AS regime
• Laying out Accounting Systems and assistance in maintaining Books of Account and Registers using your specialized accounting software or ERP in compliance with the Indian Regulatory laws based on documentation system and SOPs as laid down by the Company
• Preparation, verification and approval of vouchers, arranging for payments and disbursements and carrying out Internal checks and balances from accuracy perspective.
• Review of Treasury Position, bridging with Bankers, reconciliation of balances, documentation for making Foreign Outward Remittances for Imports / Other Non-Trade Payments, Working Capital Management.
• Preparing and providing periodic reports to Management, assisting in Consolidation of Local Accounts with Head Office Accounts and ensure consistency between Management reports and local accounting reports, assisting in preparation of Budgets and Cash flow Statements.
• Assisting in valuation of inventory, follow up on returns of unsold items, assisting the organization and participate regularly for physical inventories verification.
• Preparing Fixed Assets Register as per Indian Company law requirements, assisting Management for annual Physical Verification.
• Preparing Annual Financial Accounts i.e. Balance Sheet, Profit & Loss Account along with all schedules and notes to accounts as per the Indian Corporate laws in Schedule VI Format, Liaising with Statutory and Tax Auditors in relation to audit assignments.
• Providing services of CFO / Authorized Signatory to represent Company and execute documents on behalf of the Company in relation to Banking and other Tax / Regulatory Compliances.

2. CORPORATE SERVICES

From drafting the minutes of meetings to secretarial compliance and assistance in the winding-up of companies, we provide our personnel services for your businesses.

• Funding Strategies and Capital Structuring
• Maintenance of Corporate records and Statutory Registers
• Assisting in Secretarial Compliance Audit
• Assisting in filings with Ministry of Corporate Affairs
• Providing Digital Certifications
• Assisting in Reporting of Financial Data in XBRL format
• Assisting in winding up of companies in India.

3. TAX AND REGULATORY

Adapting and keeping abreast with the law can sometimes serve as a challenge. Our processes involve understanding the requirements of your business, addressing taxes and payments that are in compliance with the law, and even filing the same for our clients. We are recognised as certified GST trainer by ICAI. Our taxation related services include;

• GST compliances with periodic return filing and GST Audit
• Withholding of taxes as per requirements of Indian tax laws, filing of periodic statements and issuing Annual Tax Certificates
• Consultancy for obtaining Lower/Nil TDS certificates from Income Tax authorities
• Compiling details, preparing and filing annual Corporate Tax Return and other annual returns under various laws
• Compiling Statements, attending Scrutiny Audits, making representations and replying to notices from various Government Authorities
• Individual Tax filings
• Expat Taxation and Foreign Exchange Regulations
• Tax Treaties and Non Resident Taxation

4. OTHER SERVICES

In addition, we also provide following services with professional accuracy:

• Project financing consultancy
• Internal Financial Controls Audit
• Internal Control system designing and implementation
• Assistance in designing and implementation of ERP system
• Implementation and auditing for Lean management system