Neeraj Varshney & Associates

Chartered Accountants

Our Services

The services that we provide are based upon a deep knowledge and understanding of the local and international market conditions at the macro and micro levels. In particular our office is staffed by people who understand the business culture, management requirements and multiple laws and possess the professional expertise that the market demands. Our aim is to build a niche for ourselves as a single window access professional concern. Our philosophy is based upon building deep and long lasting relationships rather than to seek profit exclusively from short-term opportunities.

  • Registration & Incorporation of companies
  • Assist clients in completing their documentation for filing with the Registrar of Companies, both on an annual basis and in relation to events or activities and maintenance of records for compliance.
  • Assisting corporate in drafting of their Subscription Agreement and Shareholders Agreement. The process also involves interaction with the key employees, prospective investor and venture capital entities.
  • Assisting Clients to draft their legal and other agreements encompassing various aspects of their business.
  • Assistance to Indian Corporate in drafting of their Transfer Pricing Agreements.
  • Drafting and implementation of ESOP for various IT companies. Plans have also been devised for Indian companies who have parentage overseas.
  • Assistance in establishing branch office, liaison office, project office or other similar offices in India by foreign entities and overseas by Indian entities.
  • Assistance in drafting of Foreign Collaboration Agreements, Joint Venture Agreements and other legal agreements
  • Rendering advice to corporate on their ex-pat employees/ consultants.
  • Finance & Accounts
  • Tax (Direct & indirect)
  • Fixed Assets Management
  • Reconciliation – parties, banks and inter countries
  • MIS & Budgeting
  • Vendor Management
  • Cash flow & Fund flow
  • Preparing their annual accounts
  • Maintaining accounting records
  • Fund & Cash management
  • Salary compositions/ break up
  • Preparation of salary masters
  • Preparation of monthly payroll sheets
  • Tax withholding from the payroll
  • Preparing secure pay slips
  • Arranging the payment of salaries by preparing Bank transfer advise in bank specific formats
  • Taking care of the all the Income Tax forms as well

Today India is looked at as an investment destination by many international organizations. We have been assisting global organizations in their India entry strategy by providing an end to end solution by acting as a single window. Our services include the following

  • Conceptualization of Business plan
  • Location/ initial infrastructure planning and short selection
  • Company incorporation including drafting of Memorandum and Articles of Association
  • Obtaining initial regulatory approvals
  • Obtaining EOU/ STPI/ Customs registrations and approvals
  • Compliance with local laws of the state
  • Designing the corporate structure
  • Establishing the systems, policies, procedures for smooth conduct of business
  • Corporate Tax Planning
  • Assistance in Administrative and Human Resource functions for initial set up the organization

Few areas of commercial life are as challenging and constantly changing as tax. Our sophisticated tax department provides a level of technical skills of the highest order, supported by many years' experience of tax planning and assessments at the Income Tax Department.

  • Filing Tax Returns – Corporate and Non-Corporate
  • Advice on payment of advance tax
  • Tax planning – Corporate and Non-corporate
  • TDS Compliance services
  • Devising employee emoluments structure
  • Bulk filing of employee returns
  • Fringe Benefit Tax compliances
  • Goods & Services Tax registration & compliances
  • Custom compliances
  • Compliances of Foreign Trade policies

Review and analysis of past assessments

  • Preparing submissions and grounds of appeals
  • Appeal before Commissioner Appeals and Appellate authority
  • Devising long term strategy
  • Assisting in maintenance of documents
  • Assisting in Transfer Pricing study
  • Conducting Transfer Pricing audit
  • Assisting in Transfer Pricing assessments

The firm endeavors to understand the client and its business needs before chalking out an audit programme.

The guiding principal of a statutory audit assignment is to ensure that the financial statements prepared by the management give a true and fair view. We review compliance with accounting procedures, provisions of various law, standards and guidelines in accordance with the Generally Accepted Accounting principles to ensure that financial statements are free of any misstatements, errors and discrepancies.

An internal audit is a vital tool in corporate governance. It provides independent assurance that the key risks facing an organization have been identified and managed, and that systems and controls are robust and appropriate.

We conduct Tax Audit of assesses as required under Section 44 AB of the Indian Income Tax Act. This involves reporting on the certain factual details by assesses to the Income Tax Department to enable proper assessment of tax by the Department

We conduct compliance and secretarial audits. It helps strengthen the Corporate Governance in an organization. Compliance audit assists Audit Committee Board by providing the status of various management compliances

It also assists in evaluating of the effectiveness of internal control and compliance mechanism within an organization

Audits are no more restricted to accounts related tick and bash, which, in our case, has become a minor part of the overall gamut of activities covered. Process flows in an organization are mapped along with their internal controls etc. as part of an audit, other than checking into routine accounts etc.

Conducting systems and management audits with recommendations on efficiency and propriety of decisions.

  • Registration & Compliances under the labour laws
    • Shops & Establishment Act
    • Provident Fund Act
    • ESI Act
    • Actuary Valuations
  • Liaison with the Reserve Bank of India for FEMA/RBI compliances/approvals for both import, export etc.
  • Issue/Transfer of shares between residents, non residents/foreign companies including FEMA compliances
  • Regulatory compliances wrt STPI/SEZ/ EOU schemes
  • Approvals under the customs/excise w.r.t. Foreign Trade Policy for duty free imports etc.

We conduct Tax Audit of assesses as required under Section 44 AB of the Indian Income Tax Act. This involves reporting on the certain factual details by assesses to the Income Tax Department to enable proper assessment of tax by the Department