Holla Mitran and Co. LLP

Our Services

We Help You

Solution For Business

Accounting and Bookkeeping:

We offer comprehensive accounting and bookkeeping services that are crucial for businesses to have a clear understanding of their financial position, make informed decisions, and comply with tax and financial reporting requirements.

Accounting and Bookkeeping services include –

• Recording transactions, managing ledgers, and reconciling accounts to ensure that all financial data is organized and up-to-date.
• Preparation of financial statements to give a clear overview of the business’s financial health
• Accounts Receivable and Payable Management to track customer/vendor payments to ensure timely settlements
• Bank Reconciliation: Matching and reconciling the company’s financial records with bank statements to identify discrepancies and ensure the accuracy of the company’s cash position.
• Payroll Processing: Calculating employee salaries, wages, deductions, and benefits and ensuring compliance with payroll tax regulations.
• Tax Services with tax planning, preparation, and filing of tax returns accurately and on time.
• Analysis of financial data to provide insights into a company’s performance, profitability, and areas for improvement which will help business owners to make informed decisions
• Preparation of customized MIS reports and providing relevant financial information to aid management in decision-making and strategic planning.
• Budgeting and Forecasting: Assisting in the development of budgets and financial forecasts to help businesses plan and allocate resources effectively.
• Compliance with Accounting Standards: Ensuring that the company’s financial records and reports comply with relevant accounting standards and regulations.
• Fixed Asset Management: Tracking and managing the company’s fixed assets, including depreciation calculations and updates.
• Inventory Management: Assisting in inventory valuation and control to optimize inventory levels and improve financial efficiency.
• Audit Support: Assisting in the preparation of financial records and supporting documentation during external or internal audits.

 

Auditing and Assurance:

We specialize in providing Audit and Assurance services to Corporate and Non-corporate entities. Our main objective is to provide stakeholders with a level of confidence regarding the accuracy and reliability of the financial statements. 

 

Audit and Assurance services include –

• Financial Statement Audit – We verify that the financial statements comply with relevant accounting standards and legal requirements.

• Internal Control Review – We identify weaknesses in the internal controls and suggest improvements to enhance the company’s control environment.

• Compliance Audit – We focus on ensuring that a company is adhering to specific laws, regulations, or contractual agreements.

• Operational Audit – We identify opportunities for improving processes and achieving cost savings.

• Certification Services based on client requirement

Special Purpose Audit – We identify the specific concerns or issues related to fraud investigations, due diligence for mergers and acquisitions, or verifying specific financial data for regulatory purposes. 

 

Domestic and International Taxation:

 

A. Direct Taxes –

 

We are well-equipped to provide a wide range of direct taxation services to individuals, Partnerships, LLPs, Corporates and Non-Profit Organizations to ensure adherence to legal requirements and contribute to minimizing tax burdens and avoiding penalties.

 

Direct Taxes- Domestic Taxation

The list of services that we offer includes –

• Income Tax Planning, Advisory and Opinions  

• Representation and Litigation support wrt Scrutiny assessments and Appeals

• Tax Due Diligence  

• Advise on Capital Gain taxation  

• Tax Audits  

• Preparing tax computations and filing Income Tax Returns  

• Periodical compliances viz., TDS payments, TDS returns, Advance Tax payments etc.

• Obtaining NOC, Lower Deduction Certificates 

• Employee tax calculations 

• Form No.12BB verification

• Preparation of Domestic Transfer Pricing Study Report 

 

Direct Taxes – International Taxation

We offer the following services –

• DTAA Advise on Cross Border transactions from tax and regulatory efficient point of view  

• Advise on NRI Taxation  

• Issuance of Form 15CB Certificates for payments under Section 195  

• Preparation of Transfer Pricing Study and issuance of Reports complying with the Transfer Pricing Regulations

 

B. Indirect Taxes –

 

We offer the following services –

• GST registration and periodical return filing services

• Quarterly / Half yearly reviews of books of accounts with a focus on GST compliance

• Customer and Vendor agreement review for GST exposure

• Audit under GST – Preparation and Filing of Annual Return

• Filing refund application services

• MSME/SSI Registration

• Municipal Tax registration

Shop and Establishment Registration

 

Corporate and Allied Law Services:

 

We help our clients to handle legal and administrative matters to ensure the company operates smoothly and in accordance with the law.

 

We offer the following Corporate and allied law services:

• Company Formation and Registration

• Statutory Audit as mandated by the provisions of the Companies Act, 2013.

• Internal Audit

• Support in Designing and Implementing Internal Financial Controls

• Study, Evaluation and Documentation of the existing Internal Financial Controls

• Statutory Compliance: Ensuring that the company complies with all statutory and regulatory requirements, including the filing of annual returns, maintenance of registers, and adherence to various corporate governance guidelines.

• Board Meetings and Minutes – Helping to organize and conduct board meetings, preparing meeting agendas, and taking accurate minutes of the proceedings.

• Shareholder Meetings: Coordinating and facilitating shareholder meetings, such as annual general meetings (AGMs) and extraordinary general meetings (EGMs)

• Legal Documentation: Drafting and reviewing legal documents, contracts, and agreements, including employment contracts, commercial agreements, and memoranda of understanding (MOUs)

• Corporate Restructuring: Assisting in mergers, acquisitions, demergers, and other corporate restructuring activities, ensuring compliance with legal requirements and obtaining necessary approvals.

• Regulatory Filings: Handling and submitting various regulatory filings required by government authorities, stock exchanges, and other regulatory bodies.

• Compliance with Corporate Laws: Ensuring the company adheres to relevant corporate laws, including the Companies Act, Securities and Exchange Board of India (SEBI) regulations, and other applicable legislation.

• Liaison with Government Authorities: Serving as a point of contact between the company and government authorities, such as the Registrar of Companies (ROC) and tax authorities.

• Secretarial Audit: Conducting secretarial audits to assess the company’s compliance with legal and regulatory provisions and identifying areas that need improvement.

• Corporate Governance: Advising the company on best corporate governance practices and implementing systems to enhance transparency and accountability.

• Due Diligence: Conducting due diligence exercises during mergers, acquisitions, or other significant transactions to assess legal risks and compliance issues.

• FEMA (Foreign Exchange Management Act) Compliance: Assisting companies in adhering to FEMA regulations for foreign investments, overseas remittances, and other related matters.

• Intellectual Property Rights (IPR) Services: CAs may help with trademark and copyright registrations and provide guidance on IPR protection.

• Business Valuation: Chartered accountants can determine the value of a business for purposes like mergers, acquisitions, or share transfers.

• Insolvency and Bankruptcy Services: Advising companies during financial distress or insolvency situations, including handling insolvency proceedings.

• Legal Structuring: Assisting in choosing the appropriate legal structure for a business, such as partnerships, proprietorships, private limited companies, etc., considering the relevant legal and tax implications.

• Assistance in IND AS Convergence – First-Time Adoption

 

Industries

We offer services to several industries

• Information Technology
• Manufacturing
• Tourism & Hospitality
• Real Estate
• Educational Institution
• Engineering
• Consultancy
• Power
• Interior design
• Automobiles
• Healthcare