Compliances

Our accounting firm’s compliance services guarantee that firms follow regulatory standards and operate within legal frameworks, providing complete support with audits, income tax, GST, foreign direct investments, and company law matters.

Audits

Tej and Associates in Bangalore conducts audits for multinational corporations, partnerships, non-governmental organisations (NGOs), and others, serving industries such as IT, manufacturing, and startups. We’re here to help you.

Tax Audits under Income Tax Act

We will thoroughly examine tax records to guarantee compliance with the provisions outlined in the Income Tax Act.

Statutory Audit under Companies Act

We review financial statements to ensure that they follow the provisions contained in the Companies Act.

Internal Audits

We assess internal controls and processes to enhance operational efficiency and ensure compliance with regulations.

Income Tax

Tej and Associates in Bangalore provides income tax services to individuals, professionals, businesses, and other entities. Contact us for assistance in these areas.

Tax Return Filing

Income tax returns are effectively prepared and filed to the appropriate regulatory organisations, as required by tax legislation.

Transfer Pricing Reports

We examine and document transfer pricing regulations to ensure they are in line with regulatory requirements and compliance.

E TDS Returns Filing

Electronic filing of TDS returns is used to meet compliance duties efficiently and in accordance with regulatory guidelines.

Scrutiny Assessments

Tax authorities thoroughly review tax returns to ensure correctness and compliance with regulatory criteria.

Appeals

Our firm represents and advocates for our clients’ interests in tax appeals and disputes at all stages of the process.

GST

GST, implemented in 2017, includes several indirect taxes such as excise duty and service tax. It covers goods and services sold in India. Tej and Associates can assist you with GST registrations and compliance.

Filing Returns

We carefully prepare and file Goods and Services Tax returns in complete compliance with regulatory standards.

GST Audits

Thorough review of GST records is conducted to verify compliance with prevailing GST legislation.

GST Refunds

Our compliance solution includes technical assistance in processing refund claims under the GST regime while adhering to tight regulatory standards.

GST consultations

Our staff provides experienced advice and help on GST-related issues, ensuring complete regulatory compliance.

Foreign Direct Investments (FDI)

India is a prime investment hub with a friendly regulatory environment for foreign investors. Tej and Associates offer seamless assistance with registrations and compliance.

FDI filings with Reserve Bank of India (RBI)

We assist in submitting required paperwork and files to the Reserve Bank of India (RBI) to ensure compliance with Foreign Direct Investment (FDI) laws.

FDI Investment Advice

We give expert advice and recommendations on foreign direct investment (FDI) plans to ensure compliance and maximise investment returns.

Share Transfer and RBI Filings

Assistance is offered with share transfer procedures, guaranteeing compliance with the Reserve Bank of India's (RBI) laws to facilitate smooth transactions.

Company Law

Tej and Associates in Bangalore provides complete Company Law services, easing registrations and assuring compliance across multiple industries. Please contact us for expert assistance.

Secretarial Work

Secretarial work includes overseeing legal and administrative responsibilities to ensure compliance with corporation law rules.

Annual Return Filing

Annual Return filing comprises filing annual returns with regulatory authorities as required by corporate law.

Company Mergers and Acquisitions

Assistance with firm mergers and acquisitions includes navigating the restructuring process and ensuring legal compliance.

Employee Stock Option

Employee Stock Option administration entails administering employee stock option plans in accordance with business legal rules.

Navigating Regulations for Financial Success

We offer comprehensive compliance solutions to keep your financial affairs in line with regulatory requirements.

FAQs

Tax audits under the Income Tax Act focus on checking the correctness of financial accounts for tax purposes, whereas Statutory Audits under the Companies Act ensure statutory compliance and financial transparency for stakeholders.

Internal and concurrent audits assist firms in identifying and mitigating operational risks, ensuring compliance with internal rules and processes, and improving the efficiency and accountability of financial management.

Banks and government organisations undertake audits to check businesses’ financial health, regulatory compliance, and risk management methods. These audits serve to maintain transparency, assure regulatory compliance, and foster confidence among stakeholders.

Filing tax returns is a legal requirement for individuals and corporations to report their income and tax liabilities to the government. Filing deadlines vary by taxpayer type and fiscal year.

Transfer Pricing Reports detail the pricing policies and procedures used by multinational corporations to ensure that transactions between related organisations are conducted at arm’s length prices in accordance with tax requirements.

E TDS Returns are filed by organisations in charge of deducting tax at source (TDS) from payments made to contractors, workers, or other parties. The method entails quarterly transmission of TDS information to the Income Tax Department via internet portals.

GST Returns require reporting taxable sales, purchases, and tax payments to the government. The types of returns include GSTR-1 for outward supplies, GSTR-3B for monthly summary returns, and GSTR-9 for annual returns.

GST audits are done to ensure the correctness and completeness of GST returns filed by businesses. To prepare for audits, businesses should keep sufficient documentation, reconcile financial records, and follow GST requirements.

Businesses can seek GST refunds for any excess tax paid on input supply, exports, or inverted duty structures. The method entails submitting refund applications online and providing supporting documentation to support the refund claim.

Secretarial work includes ensuring compliance with legal and regulatory requirements under company law, such as maintaining statutory registers, filing yearly returns, and organising board meetings and resolutions.

Annual return filing is required for businesses to report financial and operational information to regulatory authorities. The filing deadline varies according to the company’s kind and size.

Company mergers and acquisitions are complex legal and financial operations that need due diligence, discussions, regulatory clearances, and the writing of legal agreements. Tej and Associates give expert assistance and support to help you handle these processes smoothly.

Employee stock ownership plans (ESOPs) are incentives provided by employers that allow employees to purchase company stock at a predetermined price. Compliance needs include following SEBI regulations, corporate governance norms, and disclosure requirements under Company Law.