Tax And Regulatory
Direct and Indirect Tax Services :
We offer comprehensive tax services across direct and indirect taxation, ensuring full compliance with evolving tax laws while optimizing tax liabilities.
Direct Taxes:
Preparation of income tax returns for various entities, including individuals, partnerships, LLPs, and private companies.
Assistance with tax liability projections, advance tax calculations, and TDS compliance.
Tax audit report preparation (Forms 3CA, CB & CD) and MAT calculation (Form 29B).
Strategic tax planning to minimize liabilities while adhering to regulatory requirements.
Representation services at all levels of the tax hierarchy, including appellate stages.
Indirect Taxes:
Advising on GST, customs, and legacy tax laws (Excise, Service Tax, VAT).
Guidance on GST taxability, rates, exemptions, and compliance.
GST due diligence reviews and assistance with filing returns and GSTIN registration..
GST REFUNDS & SEIS
We are specialized in GST Refund & SEIS services
1. Refund on account of ITC on Export of Goods & Services with/without Payment of Tax
2. Refund on account of Supplies to SEZ unit/ SEZ Developer (with/without payment of tax)
3. Refund on account of ITC accumulated due to Inverted Tax Structure
4. Refund on account of Refund by Supplier of deemed export
Audit and Assurance
Our audit and assurances service offerings are based on a complete understanding of
the clients’ business specifics, industry peculiarities and the applicable laws. The audit
approach is based on the compliance issues, the nature and requirement for audit, the
clients’ requirement and key risk issues involved.
Our audit and assurance solutions range from statutory audits, internal audits, tax audits, transfer
pricing audits, management audits, concurrent audits etc. The audit deliverables range from
reporting for statutory compliances to enhancing the clients’ business financial and operational
performance.
1. Statutory Audits of Private Limited companies engaged in trading, manufacturing
businesses and Service Sector Company. Discussion of Observations on Financial
Statements with Management.
2. Filing of Charge Management forms (CHG-1 & CHG-4) for companies on
Verification of Loan Agreements, Board Resolutions.
3. Preparing
4. Certificates Relating to Start up fund’s utilization, Shareholding pattern for Banks, Net
worth of Individuals.
5. Physical verification and Reconciliation of stock, fixed assets
6. Internal Audits - Manufacturing and trading companies
Statutory Audits :
We conduct statutory and regulatory compliance audits for filing of annual or periodic financial
results. Statutory audits are aimed at achieving compliance with regulations, assessing the
strength of controls, confirmation of accounting treatments of recorded transactions, independent
review of reported information and preparation of accountants’ report.
Tax Audits :
We annually serve our clients in area of tax audit under various provisions of the tax laws. Amongst
the firms’ tax audit clients are companies, large and medium corporations and small businesses,
partnership firms, non-profit organizations and high net worth individuals. The firm has dedicated
audit teams which specialize in conducting the audits effectively and diligently.
Internal Audits :
The internal audits are conducted with varying client requirements but essentially the objective
thereof is to provide assurance on controls and processes.
Corporate Law Services
IGC & ASSOCIATES., offers corporate law and secretarial services in fields ranging from
incorporation of corporate entities, assistance in maintaining prescribed records, convening, and
conducting meetings of the Board of Directors and shareholders, statutory filings with the MCA and
advising and representing the clients in corporate litigation at Company Law Board matters through
an in-house qualified company secretary.
Advisory Services
I G C & ASSOCIATES., offers multi-disciplinary advisory services to clients in its main areas of
practice i.e., taxation and regulatory, audit and assurance and company law.
Besides the firm also offers advisory solutions on partnership and LLP laws, societies and trusts
laws, exchange control regulations, employee benefit regulations etc.. Our advisory services
deliverables are based on gaining an understanding of clients’ query, thorough research on the
subject, in-house threadbare discussions on all possible solutions, considering myriad options,
application of knowledge and past experience on the issues and providing an informed opinion on
the query.
Finance & Accounting Outsourcing Services
The finance and accounting processes of businesses are getting complex and challenging with
more and more regulatory pronouncements and standards coming into effect. Corporate Sector
are outsourcing various finance and accounting processes with a view to streamline respective
processes and obtain consistency, uniformity and stronger controls.
At I G C & ASSOCIATES, we provide outsourced accounting and related services for clients seeking cost-effective and professional solutions. Many multinational clients prefer outsourcing to avoid the need for in-house finance teams. Our approach includes understanding client requirements, designing process plans, deploying resources, and ensuring quality through partner-led oversight. We focus on delivering timely and accurate reports with constant monitoring for quality assurance.
1. Have experience in Preparation of Financial Statements As per Schedule-III.
2. Exposed to Preparation and maintenance of books of accounts of individuals and
Companies in Tally.
3. Have the Experience in maintenance of books of accounts and process of Accounts
Finalisation for Individuals, Firms, and Companies, which involves Verification of
Accountsprepared by accountants and guiding them for changes if necessary.
4. We have Specialized in TDS Returns & handling Defaults Rectification Clearances.