ASLLP

Our Services

Accounting & Book Keeping Services

  • Comply with state, and local financial legal requirements
  • Substantiates financial transactions by auditing documents
  • Summarize current financial status by collecting information
  • Prepare balance sheet, profit and loss statement, and other reports
  • Documenting financial transactions by entering account information
  • Prepare payments by verifying documentation, and requesting disbursements
  • Enforce adherence to requirements, and advising management on needed actions
  • Prepares special financial reports by collecting, analyzing, and summarizing account information and trends

Tax Preparation & Advisory Services

  • Services related to refund
  • Tax Litigation and Dispute Resolution
  • Compliance review of Income Tax system
  • Planning of Tax incidence within applicable framework
  • Services related to export promotion/Incentive scheme
  • Rendering of services on Applicability and levy of Direct & Indirect Taxes
  • Filing of Income Tax Return (ITR) for Individuals, Businesses and Professionals
  • Review/Corrections of ITRs & Resolution of Default Notices from IT Department

Goods & Services Tax – Registration & Return

  • Conducting due diligence reviews
  • Ascertaining monthly GST liability
  • Assistance in obtaining GST Registration
  • Drafting, filing, and processing of refund claims
  • Complete outsourcing ability for GST compliance
  • Assistance in amendment of existing GST registration
  • Guidance on tax benefits, exemptions, and set-offs available
  • Preparation and submission of Monthly, Quarterly & Annual GST Returns
  • Providing on-call advisory services for specific tax queries raised by clients
  • Review of the business setup to ensure compliance with relevant legislations
  • Advising on applicability and procedural compliance of client operations/transactions

Audit

  • Statutory Audit: Conducting an audit to ensure compliance with statutory requirements and financial reporting standards
  • Internal Audit: Evaluating and improving the effectiveness of internal controls and risk management processes within an organization
  • Tax Audit: Verifying the accuracy of financial statements and compliance with tax laws to ensure accurate tax reporting
  • Cost Audit: Examining and verifying the cost accounting records and ensuring compliance with cost accounting standards
  • Stock Audit: Conducting a thorough physical inspection of the entire stock to verify its existence and condition
  • Operational Audit: Reviewing and evaluating the efficiency of an organization’s operations, including processes and resource utilization

Firm & Company Registration

  • Collecting documents for KYC of Directors and Shareholders, Digital Signature Certificates (DSC), and Director Identification Numbers (DIN)
  • Conducting preliminary name search and/or suggesting available names for the proposed company
  • Filing name application for reservation of name
  • Acquiring DSC for the proposed Director(s) and Shareholder(s)
  • Preparing necessary documents for company registration, including:
    • Memorandum of Association (MOA)
    • Articles of Association (AOA)
    • Form INC 9
    • Form INC 10
  • Ensuring due diligence in accordance with applicable Indian rules and regulations

Registration & Licenses

  • Assistance with obtaining Import Export Code (IEC)
  • Registration of Trademark, ISO, ISI, FSSAI – PAN India
  • Shop and Establishment Registration – PAN India
  • Professional Tax Registration – PAN India
  • Compliance support under the Foreign Exchange Management Act (FEMA), 1999
  • Advising on the mode and form of business establishment
  • Obtaining necessary approvals and registrations from various authorities to operate a business
  • Providing Business Support Services
  • Assistance with FRRO registration for foreign personnel visiting India
  • Assistance in registration of establishment under local legislation

ROC Compliances

  • Declaration of commencement of business
  • Furnishing return containing information about deposits and/or outstanding receipts of loans or money other than deposits
  • Submission of Director KYC for DIN holders
  • Convening and conducting the first Board Meeting for appointment of auditor
  • Filing of annual accounts post conclusion of the Annual General Meeting (AGM)
  • Filing of resolutions with the ROC regarding Board Report and Annual Accounts

Payroll & Compliances

  • Creation and maintenance of Employee Database
  • Structuring of employee salaries
  • Preparation and issuance of Appointment Letters to employees
  • Assistance in formulating HR policies and procedures
  • Processing of monthly payroll for employees
  • Income tax computation, payroll withholding tax deduction, issuing Salary Certificates (Form–16), and Annual Returns (Form-24)
  • Tracking of perquisites as per terms of employment
  • Monthly deposit of Provident Fund (P.F.) and Employees’ State Insurance (ESI)
  • Maintenance of employee-wise details for P.F. and ESI
  • Preparation and filing of F. and ESI returns
  • Providing web-based payroll and compliance solutions for employees and management

Labor Law Compliances

  • Compliance review of the existing setup to advise on effective systems and controls
  • Assistance in maintaining various registers, records, and system integration as required under different labor laws
  • Providing orientation on basic legal requirements
  • Obtaining relevant licenses/registrations from regulatory authorities
  • Assisting in preparing replies to notices served by regulatory authorities
  • Handling labour department inspections, responding to notices, and supporting in settlement of disputes