Tax investigations are increasing in number all the time. Obtaining the best advice when you need it can save a lot of time and money – not to mention, stress.
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accounting (35)
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Financial & management restructuring of overseas corporate and joint venture collaborations
Turnaround Strategies
Turnaround strategy is a corporate practice designed and planned to protect (save) a loss-making company and transform it into a profit-making one. The concept or meaning of turnaround strategy covers following points:
- Turnaround strategy means to convert, change or transform a loss-making company into a profit-making company.
- It helps the sick company to stand once again in the market.
- It tries to remove all weaknesses to help a sick company once again become strong, stable and a profit-making institution.
- It aids to reduce the brought forward losses of the loss-making company.
- It helps the sick company to stand once again in the market.
- It is a complete U-turn of a planned strategic economic transition.
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accounting
Risk Assurance covers all risk services where we are providing independent assurance and the preparation towards assurance to our clients where the assurance can be used by our clients to build confidence and trust with their key stakeholders or when regulatory.
We help by
- Creating trust and confidence in their financial reporting and internal control over financial reporting.
- Business improvement, by assessing risks and controls related to business imperatives, such as launching new products/services & implementing new technologies.
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accounting
Accounting Compliance and Reporting services is focused on helping large, multinational companies meet their financial reporting requirements. In the modern jet age there is fierce competition in the trade and industry. Entrepreneurs are vying with one another in competitive edge to stay ahead of others. This being the business scenario it is most imperative for the CEO's and other staff to keep them fully updated with the statistics of the working of a business house and its current affairs required for planning and formulations of policies of the Company.This can only be possible if the accounts are maintained in an elaborate manner and kept up to date minute to minute. We at A. Chandak & Co. keep the most competent and efficient staff to meet with this important requirement of our clients and readily furnish every data and information as and when required.
Statutory Reporting Services (Statutory Financial Statements)
Accounting Support Services
- Book Keeping.
- Payroll Management
- Reconciliations.
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accounting
Employee salary package scan take the form of a number of different benefits from basic salary to share options or travel passes. India has a Pay As You Earn (PAYE) basis of taxation, an employer is obligated to deduct tax at source on a monthly basis from a salaried employee and to make additional contributions to a provident fund and insurance.
As part of a truly international firm, A.Chandak & Co.’s provides an extensive service for tax affairs from broad global connections and diverse expertise. Structuring cross border transaction tax efficiently is the area expertise for A.Chandak & Co. The current global business environment has created such as restricted cash flows, decreased and reduced credit availability. Transfer pricing solutions can play an important role in addressing these issues.
- Advisory Services with Reference to the DTAAS between India and Various Countries, Expatriate Taxation, etc.
- Transfer Pricing Related Advisory & Analytical Documentation Services.
- Getting Transfer Pricing Audit in accordance with prevailing Tax Laws.
- Advising on pricing on transactions between sister concern.
Structuring companies so they benefit from high operational performance and legal protection, whilst ensuring that they don’t pay more tax than is necessary, provides the foundation for many a successful business. And as you grow you must be certain that expansion will not be hampered by unforeseen liabilities.
Dealing with your personal tax affairs is an essential task in maximising quality of life as well as enabling you to plan for a more abundant future. However, the complexities of ever-changing tax regulations along with sometimes cumbersome record-keeping requirements can prove discouraging for many people.
Preparation and filing of various statutory returns and documents with the revenue authorities periodically. A plethora of paper work is involved in filing numerous tax returns on quarterly, half-yearly and yearly basis. It is always a very complicated and lengthy process to be complied with punctually and regularly. Failure of compliance attracts heavy penalties and even prosecution in certain cases. An elaborate data has to be procured from account books of the firm/ company to fill in the returns entailing huge amount of labour and knowledge.
We take a holistic view, combining industry insight with the technical skills of financial and tax professionals, economists, lawyers and our other in-house resources as necessary, to develop comprehensive integrated solutions. Our tax services include:
- Filing of Income Tax Returns
- E-filing of TDS Returns
- Consultancy on Income Tax Matters
- Consultancy on Tax Planning & Savings
- Consultancy on Double Taxation.
- Consultancy on International Taxation
- Global compliance services
- Maintenance of Income Tax Records
- Liaison with Income Tax Authorities
- Getting you registered with Income Tax Authorities i.e. getting Permanent Account Number (PAN)
- Tax deduction account numbers (TAN)
- Services related to withholding taxes / Tax Deducted at Source (TDS)
Transactions to acquire or sell businesses represent a balance of risk and reward for the parties. Whilst most deals are completed successfully, some inevitably lead to disputes between the parties.
We provide advice throughout the transaction process, from pre-deal due diligence to a review of the draft sale and purchase agreement and the resolution of disputes over the purchase price. In so doing we help you reduce risk and provide greater certainty that the post-completion outcome of a transaction is in line with your commercial expectations.
Our Services
- Forensics, corruption, anti-bribery due diligence.
- Breach of warranty claim advice.
- Integrity Diligence.
- Sales & Purchase agreement reviews.
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We provide comprehensive and sophisticated tax assistance in effectively managing the impact of taxation.
Direct Tax Advisory
Holding many years of experience in a wide array of industries, our staff works to stay abreast of developments in our ever-changing state and federal tax laws. Our full line of tax services includes preparation of tax returns for individuals, corporations, partnerships and for other enterprises. We offer:
- Business and individual tax planning, projections, and valuations.
- NRI Taxations and foreign company's tax matters
- E-Filing of Income Tax Returns.
- E-filing of TDS Returns.
- Consultancy on Income Tax Matters.
- Consultancy on Tax Planning & Savings.
- Consultancy on Double Taxation.
- Consultancy on International Taxation.
- Global compliance services.
- Liaison with Income Tax Authorities.
- Services related to withholding taxes / Tax Deducted at Source (TDS).
- Representation before taxing authorities.
- Support for business acquisition, reorganisations, mergers, and incorporations.
- Handling Search & Survey Cases.
- Determining the Arm Length Pricing, Preparation of Transfer Pricing Report & Conducting Transfer Pricing Audit.
Taxation presents arguably the most dynamic and complex challenge in the context of financial planning. Ever changing legislation and rules are matched only by the new methods devised to make the discharging of tax liabilities as efficient as possible. When it comes to tax planning and strategy, every case is unique. Our approach remains versatile with an awareness that individual issues must be dealt with on their own merits but with the overall, long-term considerations always in mind. Whether you are the tax director of a multi-national group, an owner manager, an individual setting up a company or in receipt of a income, an employee or a Public Benefit Organisation, we make sure you don’t pay more tax than is necessary and that your activities remain tax efficient.
Indirect Tax Advisory
- Transformation to GST
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accounting
Internal Audit is very important aspect, when we talk of assurance of true picture of state of affairs of an entity. It helps in understanding and assessing risks and evaluates the internal controls and checks. It helps in ensuring optimum utilization of the resources of the entity, as well as timely identification of liabilities including the ones in contingent nature.
Our Offerings
1. Assessing/ preparing Internal Audit Manual for the organisation and study of control objectives.
2. Deciding on degree of control which is adequate depending upon organisation to organisation.
3. Assessment of risks and open points.
4. Measuring deviation at test check levels.
5. Assets at risk and their protection.
6. Checking the controls instituted within the system.
7. Legal and situational internal control advisory.
8. Consideration of Fraud in internal audit.
9. Advising organisational procedures being followed.
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accounting
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Office 2A, Indira Square
Plot 28, 21 Ansari Road
Daryaganj, Delhi-110002 (India)- +91 11 35674167
- +91 9811080873
- This email address is being protected from spambots. You need JavaScript enabled to view it.
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Tax investigations are increasing in number all the time. Obtaining the best advice when you need it can save a lot of time and money – not to mention, stress. Employee salary package scan take the form of a number of different benefits from basic salary to share options or travel passes. India has a Pay As You Earn (PAYE) basis of taxation, an employer is obligated to deduct tax at source on a monthly basis from a salaried employee and to make additional contributions to a provident fund and insurance. As part of a truly international firm, A.Chandak & Co.’s provides an extensive service for tax affairs from broad global connections and diverse expertise. Structuring cross border transaction tax efficiently is the area expertise for A.Chandak & Co. The current global business environment has created such as restricted cash flows, decreased and reduced credit availability. Transfer pricing solutions can play an important role in addressing these issues. Structuring companies so they benefit from high operational performance and legal protection, whilst ensuring that they don’t pay more tax than is necessary, provides the foundation for many a successful business. And as you grow you must be certain that expansion will not be hampered by unforeseen liabilities. Dealing with your personal tax affairs is an essential task in maximising quality of life as well as enabling you to plan for a more abundant future. However, the complexities of ever-changing tax regulations along with sometimes cumbersome record-keeping requirements can prove discouraging for many people. Preparation and filing of various statutory returns and documents with the revenue authorities periodically. A plethora of paper work is involved in filing numerous tax returns on quarterly, half-yearly and yearly basis. It is always a very complicated and lengthy process to be complied with punctually and regularly. Failure of compliance attracts heavy penalties and even prosecution in certain cases. An elaborate data has to be procured from account books of the firm/ company to fill in the returns entailing huge amount of labour and knowledge. We take a holistic view, combining industry insight with the technical skills of financial and tax professionals, economists, lawyers and our other in-house resources as necessary, to develop comprehensive integrated solutions. Our tax services include:
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accounting
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Transaction based advisory
- Advice for complex accounting transactions & restructuring.
GAAP Transformation
- Transformation of financial statements from local GAAP to IFRS & Ind AS.
- Transformation & Advisory for new Accounting Pronouncements.
Transfer Pricing Reporting
- Assisting in Determining the Arm Length Price.
- Preparation of Transfer Pricing Study Report.
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accounting
The focus of tax assessments is gradually shifting from micro issues (such as, procedural disallowances) to issue based and concept based reviews. Given the legal labyrinth that taxpayers often face, a judicious cost-benefit analysis is imperative in deciding which issues are worthwhile to litigate and on which issues it is more viable to concede. We, with our experience and in-depth knowledge help in making this decision. Complicated direct tax litigation at all levels of the Income tax Authorities is our forte.
In the arena of Cross Border Taxation, the Indian authorities have been late entrant. The last few years have seen an extremely aggressive revenue approach focusing on issues related to permanent establishments, transfer pricing, round tripping. etc.. Given the legal labyrinth that taxpayers often face, including those that are operating multiple jurisdictions it is imperative to engage in complicated litigation at all levels of the Income tax Authorities.
We have both the experience and the acumen to represent clients through tax assessments before the tax department including the international tax department assessing foreign entities to tax in India. We also represent clients in transfer pricing assessments before the Transfer Pricing Department and in appellate forums.
We help in mitigating hardship and offer intelligent tax advice in a result oriented manner.
Published in
accounting
Tax investigations are increasing in number all the time. Obtaining the best advice when you need it can save a lot of time and money – not to mention, stress.
Employee salary package scan take the form of a number of different benefits from basic salary to share options or travel passes. India has a Pay As You Earn (PAYE) basis of taxation, an employer is obligated to deduct tax at source on a monthly basis from a salaried employee and to make additional contributions to a provident fund and insurance.
As part of a truly international firm, A.Chandak & Co.’s provides an extensive service for tax affairs from broad global connections and diverse expertise. Structuring cross border transaction tax efficiently is the area expertise for A.Chandak & Co. The current global business environment has created such as restricted cash flows, decreased and reduced credit availability. Transfer pricing solutions can play an important role in addressing these issues.
- Advisory Services with Reference to the DTAAS between India and Various Countries, Expatriate Taxation, etc.
- Transfer Pricing Related Advisory & Analytical Documentation Services.
- Getting Transfer Pricing Audit in accordance with prevailing Tax Laws.
- Advising on pricing on transactions between sister concern.
Structuring companies so they benefit from high operational performance and legal protection, whilst ensuring that they don’t pay more tax than is necessary, provides the foundation for many a successful business. And as you grow you must be certain that expansion will not be hampered by unforeseen liabilities.
Dealing with your personal tax affairs is an essential task in maximising quality of life as well as enabling you to plan for a more abundant future. However, the complexities of ever-changing tax regulations along with sometimes cumbersome record-keeping requirements can prove discouraging for many people.
Preparation and filing of various statutory returns and documents with the revenue authorities periodically. A plethora of paper work is involved in filing numerous tax returns on quarterly, half-yearly and yearly basis. It is always a very complicated and lengthy process to be complied with punctually and regularly. Failure of compliance attracts heavy penalties and even prosecution in certain cases. An elaborate data has to be procured from account books of the firm/ company to fill in the returns entailing huge amount of labour and knowledge.
We take a holistic view, combining industry insight with the technical skills of financial and tax professionals, economists, lawyers and our other in-house resources as necessary, to develop comprehensive integrated solutions. Our tax services include:
- Filing of Income Tax Returns
- E-filing of TDS Returns
- Consultancy on Income Tax Matters
- Consultancy on Tax Planning & Savings
- Consultancy on Double Taxation.
- Consultancy on International Taxation
- Global compliance services
- Maintenance of Income Tax Records
- Liaison with Income Tax Authorities
- Getting you registered with Income Tax Authorities i.e. getting Permanent Account Number (PAN)
- Tax deduction account numbers (TAN)
- Services related to withholding taxes / Tax Deducted at Source (TDS)
Published in
accounting
Virtual Office
Smaller companies, or larger overseas companies initially employing only one or two overseas staff, find our virtual office service extremely useful. We can provide a telephone answering and messaging service along with a prestigious New Delhi address.
Payroll
Our payroll specilized team shall shall prepare salary structure, monthly salaries, incentive, bonus payments and reimburse staff expenses accounts. Special requirements can also be created for, such as the adminstration of pension schemes and private health insurance.
Preparation of year end financial statements
We assist as well as prepare the company’s annual accounts and full back up schedules ready for the statutory annual audit and liase with the company’s auditors as appropriate.
Payment of Creditors
Our systems enable us to pay your creditors at times of your choosing whilst leaving you with ultimate control.
Cash Handling and Banking Operations
We can assist with treasury functions including the operation and monitoring of high interest deposit and current accounts.
Cash Forecasting
We recognise your need to retain a regular overview of your cash reserves. We can prepare regular cash forecasts for you enabling to plan for the future.
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