Notice received
A tax or GST notice has arrived and you need to understand the issue, the exposure and the response deadline.
01 · Tax and Audit
Tax and cost audit support you can rely on
Direct and indirect tax planning, GST and TDS compliance, support with notices and assessments, and cost records and cost audit support under Section 148 of the Companies Act, 2013.
Tax consultancyCost auditsGSTTDSSection 148
Overview
Tax and Audit
Tax and statutory compliance should be predictable. For many businesses it is anything but: returns that do not match the books, credits that cannot be reconciled, deductions filed late, and notices that arrive with a short deadline.
Our Tax and Audit practice helps finance teams and business owners get ahead of that. We look at the numbers behind your filings, plan so that you pay what is due and no more, and build the records that make notices and audits routine rather than stressful.
Each engagement is scoped to a specific problem, with a named team and agreed outputs.
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What we do in Tax and Audit
Direct and indirect tax planning, GST and TDS compliance, and support with notices and assessments.
What we cover
- Direct tax planning: reviewing income, expenses and timing so that planning happens before year end, not after
- Indirect tax and GST: review of registrations, returns and input tax credit, including reconciliation of returns with your books
- TDS compliance: checking deduction, deposit and return processes, and reconciling what you deducted with what is reported
- Notices and assessments: reading the notice, assembling the records, preparing a reasoned response and supporting you through the assessment
What you receive
- A review note listing issues, exposure and fixes
- Reconciliations between returns and books
- A compliance calendar for your business
- Draft responses and supporting files for notices
Cost records and cost audit support under Section 148 of the Companies Act, 2013.
What we cover
- Applicability check: whether cost records and a cost audit apply to your company and products
- Cost records: setting up and maintaining records in the form the rules require
- Cost statements: preparing the product-wise cost information that the audit examines
- Audit support: assembling data and answering queries so the cost audit closes on time
What you receive
- An applicability memo
- Cost record formats and working papers
- Prepared cost statements
- A year-round readiness checklist
When to call us
Situations we are often asked to help with
Returns do not match books
Your GST returns, TDS statements and ledgers tell different stories and nobody owns the reconciliation.
Year-end planning
You want to review the tax position while there is still time to act on it.
Cost audit is coming
Cost records are incomplete, scattered, or have never been set up properly.
How it runs
From first call to measurable results
Every Tax and Audit engagement follows the same four steps, with a written scope agreed before work starts.
1
Diagnose
We review your numbers, processes and systems to find the real problem.
2
Propose
A written scope with deliverables, timelines and fees, agreed before work starts.
3
Deliver
Our team works alongside yours, with regular reviews against the plan.
4
Hand over
Documentation and training so your team can sustain the results.
Questions
Tax and Audit: FAQs
What is the difference between direct and indirect tax?
Direct taxes, such as income tax, are charged on income or profit. Indirect taxes, such as GST, are charged on the supply of goods and services. Most businesses deal with both, and we help with planning and compliance for each.
Can you help if I have received a tax notice?
Yes. We review the notice, gather and organise the supporting records, and help prepare a reasoned reply. We also look at the wider process, so the same issue does not come back next year.
Does my company need a cost audit?
It depends on the industry you operate in and your company's size and turnover, under the Companies (Cost Records and Audit) Rules. We start with an applicability check and give you a clear answer in writing.
What does Section 148 of the Companies Act, 2013 cover?
Section 148 deals with maintenance of cost records and, for companies it applies to, a cost audit. We help you set up the records and prepare for the audit.
Will you tell me up front who must sign what?
Yes. Where a filing or certificate has to be signed by a specifically qualified professional, we say so in the written scope before work starts.
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