Chartered Accountants · Kolkata · Since 2007 +91 98305 33138gaurav@ggoenka.com

Services

Everything your accounts, taxes and compliance need.

Eleven practice areas, each handled by qualified chartered accountants. Pick a service to see exactly what is covered.

01

Audit Services

Statutory, tax, bank, concurrent, internal and information-system audits.

Broadly, audit involves the following:

Scope

  • In-depth study of existing systems, procedures and controls for proper understanding; suggestions for improvement and strengthening.
  • Ensuring compliance with policies, procedures and statutes.
  • Comprehensive review to ensure that the accounts are prepared in accordance with Generally Accepted Accounting Policies and applicable Accounting Standards / IFRS.
  • Checking the genuineness of the expenses booked in accounts.
  • Reporting inefficiencies at any operational level.
  • Detection and prevention of leakages of income and suggesting corrective measures to prevent recurrence.
  • Certification of the books of account being in agreement with the Balance Sheet and Profit and Loss Account.
  • Issue of Audit Reports under various laws.

Types of audits conducted

  • Statutory Audit of Companies
  • Tax Audit under Section 44AB of the Income Tax Act, 1961
  • Audit under other sections of the Income Tax Act, 1961 such as 80HHC, 80-IA, etc.
  • Concurrent Audits
  • Revenue Audit of Banks
  • Branch Audits of Banks
  • Audit of PF Trusts, Charitable Trusts, Schools, etc.
  • Audit of Co-operative Societies
  • Information System Audit
  • Internal Audits
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02

Accounting Services

Accounting systems, books, budgets, MIS and financial reporting.

What we handle

  • Accounting System Design & Implementation
  • Financial Accounting
  • Budgeting
  • Financial Reporting
  • MIS Reports
  • Financial Analysis
  • Asset Accounting Management
  • Depreciation and Amortization Schedules
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03

GST

Registration, returns, audits, assessments and advisory under GST.

What we handle

  • GST Migrations and Registrations
  • Filing of GST Returns (Regular Dealer, Composition Dealer, ISD, Non-Resident, E-Commerce, etc.)
  • GST Consultancy / Advisory on various issues of GST
  • Impact Analysis on Business Segments
  • GST Audits as per GST Act, 2017
  • GST Implementation
  • Compilation of Data of Input Tax Credit
  • GST Assessments
  • Transition from Pre-GST to GST Regime
  • Maintenance of Records for Compliance
  • Strategic Business Planning under GST Regime
  • Supplier / Buyer Management
  • GSTN Number Verification Services
  • HSN Code Finder
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04

Income Tax

Tax planning, returns, assessments, appeals and litigation support.

What we handle

  • Consultancy on various intricate matters pertaining to Income Tax.
  • Effective Tax Management and Advisory Services.
  • Tax Planning for Corporates and others.
  • Designing / restructuring salary structure to minimise tax burden.
  • Obtaining Advance Tax Rulings.
  • Obtaining No Objection Certificates from the Income Tax department.
  • Obtaining PAN for assessees, employees etc.
  • Advance tax estimation and deposit.
  • Assessing the liability towards deferred taxes.
  • Providing regular updates on amendments, circulars, notifications & judgments.
  • Filing Income Tax and Wealth Tax returns for all kinds of assessees.
  • Filing Income Tax returns for employees of corporate clients.
  • Liaison with the Income Tax department for rectification, assessment, obtaining refunds etc.
  • Expertise in complicated direct tax assessments.
  • Filing and pleading appeals under various provisions of the IT Act.
  • Special expertise in search, seizure and prosecution litigation.
  • Advice on future tax implications in respect of a potential acquisition.
  • Opinions on various Double Tax Avoidance Agreement related issues.
  • Settlement of various issues raised under FEMA.
Enquire about Income Tax
05

Tax Deducted at Source (TDS)

TAN, monthly TDS, deposits, certificates and quarterly returns.

What we handle

  • Advice on all matters related to compliance of TDS / TCS provisions.
  • Obtaining Tax Deduction Account Number (TAN).
  • Periodic review of TDS / Withholding Tax compliance.
  • Computation of monthly TDS.
  • Monthly reconciliation of TDS due and deposited.
  • Monthly deposit of TDS electronically / manually.
  • Issue of monthly / annual TDS certificates.
  • Filing of quarterly e-TDS / manual returns.
  • Filing of Correction Statements.
  • TDS assessment.
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06

Corporate Services

Incorporation, company law, ROC filings and restructuring.

What we handle

  • Incorporation of company
  • Consultancy on Company Law matters
  • Planning for Mergers, Acquisitions, De-mergers and Corporate re-organizations
  • Filing of annual returns and various forms, documents
  • Clause 49 review for compliance with fiscal, corporate and tax laws
  • Secretarial matters including share transfers
  • Maintenance of statutory records
  • Consultancy on Public / Rights / Bonus Issue of shares
  • Change of Name, Objects, Registered Office, etc.
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07

Corporate Governance

Internal audit, independent verification and board-level compliance.

Corporate governance refers to a combination of laws, regulations, procedures, implicit rules and voluntary practices which help companies to perform efficiently and maximize long-term value for shareholders, and at the same time look after the interests of other stakeholders like buyers, government and society at large. Lenders, whether national or international, also look for them before taking exposure in any corporate. It is a function of transparency and fairness in operations and making proper disclosures.

The company as a business organization has become popular over the years. With the growth in size of these corporates, governance has become all the more important. SEBI and the listing agreements of various stock exchanges require that the requirements of corporate governance are duly complied with.

Our services include

  • Periodic monitoring through internal audit
  • Independent audit
  • Independent verification
  • Effective supervision
  • Accountability
  • Sufficient number of independent directors on the Board
  • Formation of an independent audit committee for the board
  • Adequate disclosure and transparency in reports
  • Participation in board meetings
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08

Corporate Finance

Project reports, CMA data, bank finance and ECBs.

What we handle

  • Preparation of Project Reports
  • Preparation of CMA data for bank loans
  • Private placement of shares, Inter-Corporate Deposits, term loans, working capital limits, etc.
  • External Commercial Borrowings (ECBs)
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09

Payroll

Salary sheets, statutory deductions, Form 16 and reconciliations.

What we handle

  • Preparation of monthly salary sheet.
  • Deductions as per applicable laws like Income Tax, Provident Fund, 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.
  • Administration of gratuity, superannuation, pension schemes etc.
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10

Services for Non-Residents

PAN, tax planning, FEMA / RBI matters and repatriation.

What we handle

  • Allotment of Permanent Account Number (PAN)
  • Tax planning
  • Obtaining Advance Rulings on debatable issues
  • Consultancy / advice on FEMA / RBI matters
  • Filing Income Tax Returns
  • Advice on making investments
  • Issuing certificate for repatriation of income / assets from India
  • Making applications to RBI for various matters including sale and purchase of residential and commercial properties
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11

Benefits of Outsourcing

Why handing your finance function to us pays for itself.

Why outsource to us

  • Enables the business to concentrate on core business activities
  • Use of manpower for more important functions
  • Investment in fixed assets reduced / minimized
  • Substantial savings in cost
  • Services of experts made available
  • Improved internal controls
  • Enhanced reporting capabilities to provide more timely and accurate financial data
  • Off-site backup of data
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Audit, tax or compliance on your mind? Let’s talk it through.