Logo
 

   Auditing & Assurance Services
 Business Taxation
 STPI & SEZ Consultancy
 Consultancy under FEMA
  India Entry Strategy and
   Foreign Investment in India
 Business Process
   Outsourcing (BPO)
 Due Diligence Services
  Company Formation &
   Company Law Matters
 


OUR SERVICES

Auditing & Assurance Services

The audit may be required by statute; and if properly planned, it can become a useful management tool. Our approach enables us to focus our time and effort on the most significant areas of the accounts and controls. So we not only keep our time cost to a minimum but also increase the effectiveness of the audit and thus provide maximum value to the client.

The process of obtaining comprehensive understanding of the client’s business, accounting system and internal controls enable us to focus on key areas besides doing the normal audit. This process also depends upon client-to-client requirements. This approach ensures that the professional and commercial experience of the members of the firm is constantly brought to bear on a client’s affairs.

Over the years we have specialized in carrying out the internal-management audits of small to medium sized business entities. The thrust is to audit for the statutory requirements and also simultaneously report the irregularities and the weakness in the internal control and systems for proper action and rectification.

Top

Business Taxation

INCOME TAX

  • Corporate and personal tax compliance including income-tax assessments, Appeals before the Commissioner (Appeals) and the Income-tax Appellate Tribunal.
  • International and Domestic Tax Planning.
  • Filing of Income-tax and Wealth-tax returns of residents and non-residents individuals, domestic and foreign companies and other entities.
  • Transfer Pricing
Transfer Pricing in India – a brief background

In order to curb the practice of avoiding tax by the foreign companies in India, legislation under the name ‘Transfer Pricing Regulation’ has been introduced since 2002. This is part of the Income Tax Act, 1961.

The following are the highlights of the provisions relating to Transfer Pricing:

  1. Each assessee under the Income Tax Act, 1961 that has any international transaction with overseas-related enterprises should maintain an up-to-date record of each transaction as prescribed by the legislation.
  2. Such international transactions should be at “arm’s length”.
  3. There are various methods to calculate the arm’s length price, viz., resale price method, cost plus method, comparable uncontrolled price method and transactional net margin method.
  4. At the end of a financial year, the assessee having such international transaction should obtain a report [in Form 3CEB] from a Chartered Account and file the report along with the return of Income.

How Can KSJ help you?

  1. KSJ acts as the advisor to your company, especially in matters concerning the effective operation of your business in India. We can help you in complying with the new Transfer Pricing Regulation in the most effective way by providing appropriate solution after studying your business objectives and the nature of transactions that have been carried out.
  2. The following step-by-step procedures explain our modus operandi.
    1. FAR [Function performed, Assets employed and Risk undertaken] analysis is done.
    2. Select the appropriate method of transfer pricing and identify the parties who have been tested with the particular method.
    3. Conduct a survey based on the database available from various national and international sources in order to identify the companies that can be benchmarked for the selected company and perform a financial analysis on the basis of them.
    4. Prepare a consolidated report on the basis of the analysis and document it appropriately.
    5. Issue the report in Form 3CEB as mandated by the Indian Income Tax Act, 1961.
    6. KSJ is also specialized in representing you before the revenue authorities in relation to your transfer pricing enquiries.

SERVICE TAX

  • Advisory services to find out applicability of the service tax.
  • Procedural compliance, which includes registration, assessments etc
  • Periodical compliances including computing service tax liability, computing input credit, depositing of tax, preparation & filing of return.
  • Vetting of contracts and agreements, and planning for service tax.
  • Conducting Service Tax health check, to determine the service tax implications on client operations, and guiding due tax planning opportunities

Top

STPI & SEZ Consultancy

KSJ has hands on experience in performing audit of various undertakings registered with Software Technology Park of India [STPI] & Special Economic Zone [SEZ]. By virtue of this experience, KSJ is well positioned to provide the following services:

  • Registration of entities with STPI/SEZ
  • Helping in Custom bonding the premises wherever necessary
  • Certification and filing of Quarterly and annual returns
  • Space expansion
  • Bonding/De-bonding
  • Any other related services that may be required from time to time.

Top

Consultancy under FEMA

Advice on various foreign exchange matters under the Act including in connection with that stemming from inbound investment into India and outbound investment outside India

Obtaining various approvals under the said Act from the Reserve Bank of India (RBI) and providing assistance in complying with requirement prescribed by the RBI.

Top

India Entry Strategy and Foreign Investment in India

We at KSJ will help in your INDIA entry strategy by

  • Helping in identifying the right structure for establishing your business in India.
  • Advising you on the capitalization of the entity
  • Advising you on the banking and management of the Indian enterprise.
  • We arrange for the complete set of regulatory approvals required from Foreign Investment Promotion Board (FIPB)/ Secretariat of Industrial Approvals (SIA), Reserve Bank of India (RBI), Registrar of Companies (ROC) and other concerned authorities
  • Map of India
  • And a lot more………………

Top

Business Process Outsourcing (BPO)


  • Accounting outsourcing.
  • Payroll processing
  • Preparation of management accounts and management information systems
  • Fixed Assets verification and completion of records
  • Maintenance of statutory records under the Companies Act, 1956
  • Maintenance of minutes books under the Companies Act, 1956

Top

Due Diligence Services

We conduct in-depth transaction scrutiny on credentials of Indian entities prior to entering into business partnerships/mergers.

 

Top


Company Formation & Company Law Matters

  • Formation of Indian & Offshore companies [especially in Mauritius]
  • All advisory services under the Companies Act, 1956
  • Representation before the Company Law Board, Registrar of Companies & Official Liquidator
  • Mergers and Acquisitions.
  • Share valuation
  • Corporate restructuring

Top