The services rendered by the firm in this area comprise of audits of
several large corporate in private as well as public sector, banks,
financial institutions, partnership firms, charitable organizations,
proprietorship businesses etc., under the following Indian laws:
- Companies Act, 1956
- Income Tax Act, 1961
- Bombay Public Trusts Act
- Goods & Services Tax Laws
- Banking Regulation Act
- Insurance Act
- Co-operative societies Act
Statutory Audit/Tax Audit includes various Public Limited and Private
Limited Companies engaged in Steel, Petroleum, Civil construction,
Software Development, Ship-breaking, Banking, Insurance,
Engineering, Trading, Consultancy etc.
Some of major accounting and audit client includes Spykar Lifestyles,
Painterior (India), Shree N M Electricals, Institute of Chemical
Technology, Maharashtra State Warehousing Corporation, Sportz
Interactive, IIT Bombay-Donation account. IndAS implementation and
preparation of consolidated financials statements under IndAS
includes SMC Infrastructure, Kohinoor planet constructions etc.
Bank Audits: We have experience of statutory audit, internal audit,
concurrent audit, inspection audit of following banks;
- Bank of India
- Bank of Baroda
- Union Bank of India
- Dena Bank
- Indusind Bank
- Deccan Merchant Co-operative Bank
- Thane Bharat Sahakari Bank Limited
- The City Co-operative Bank Limited
- Bank of Madura Limited
- Kurla Nagarik Sahkari Bank
Some special assignments like stock inspection, verification of staff
loan etc., have completed for Indusind Bank and Allahabad Bank.
Some audit clients of Public Sector corporate engaged in Insurance,
Cottage industry, Finance etc. such as
- United India Insurance, Vapi Branch
- Central Cottage Industries Corporation Limited, Mumbai Branch
- National Insurance, Goa Branch
- Oriental Insurance Limited
- Air India Charters Limited
- Agricultural Finance Corporation
- Regional Centre, National Afforestation and Eco Development
- Board, Ministry of Environment and Forests, Govt. of India.
- Agricultural Technology (ATMA)
- Indian Oil PF Trust
Some audit client includes Educational Institution and Trusts such as
- Institute of Chemical Technology (ICT), (Formerly UDCT)
- Yashwantrao Chavan Academy of Development Administration (YASHADA)
- ICL Education Society, New Mumbai - (4 schools and 3 colleges)
- Kalpataru Education Society, Bhandup (School and college)
Assisted in setting up of complete accounting and Internal control
system and Management Information systems, pursuant to the
privatization of the irrigation projects of Krishna Valley of the
Maharashtra State Government.
Attestation work required under various statutes:
The services rendered by the firm in this area include certification
work under various statutes, such as certification for withholding taxes
at the time of remittance to non-residents, certificate of net worth and
turnover to various clients, certificates required under excise,
customs, GST laws, corporate laws and under exchange control
regulations, utilization certificates to Govt. autonomous bodies like
Maharashtra Jeevan Pradhikaran.