Udai Pathak & Co. Serampore, Hooghly, West Bengal

Changes in our tax laws are one of the few constants of Indian life. Every change adds a new layer of complexity to an already complicated process.   Management of most progressive businesses have recognized and realized that taxes are a dynamic item of cost in the balance sheet than just a charge on the overall profits. There is a need to minimize taxes and optimize cash flows by taking advantage of local tax deductions and credits. In fact, an effective tax – cost management system provides the client with a competitive advantage that includes accurate and judicious application of tax strategies, identified well in time and implement in the most meticulous manner.   As an end-to-end solutions provider, firm’s tax services have long been recognized as being progressive tax consultancy practice nationwide and extend well beyond the stage. We advise clients on structuring their business on tax efficient practices and support them in complying with tax laws. We use our professional judgment and experience to advise you as to what actions you can take to reduce your tax burden.   Our Services : Domestic Taxation Services, which encompass Direct and Indirect tax advisory, as well as compliance work. Preparation / Verification of income tax returns for corporations, partnerships, individuals and trusts. Preparation / Verification of service tax / VAT returns for businesses. Tax planning and advisory for businesses and its owners. Guidance in tax law changes. Valuation of shares under Free Discounted Cash Flow Method as required under Rule 11UA of the Income Tax Rules. Counsel and Representation in dealing with various Tax Authorities (Income Tax / Service Tax / Sales Tax ). Handling of Income Tax Search & Seizure matters. Tax Due Diligence Services. Expatriate tax management. International Taxation, Inbound and Outbound Structuring. Transfer Pricing study, documentation and certification.

Our Firm challenges the way back office services have traditionally been supplied allowing you to concentrate on growing your business. Through our specialist teams, we assist domestic as well as international companies/ accounting firms to be more efficient.   Our services include - Accounting Outsourcing Corporate Secretarial Payroll Service Payment Service Tax return Processing Maintenance of entire accounts for Private Equity/MNC

In this fast moving business environment, knowledge of law is of utmost importance. Not only that, keeping abreast with the changes in laws and staying updated is of essence in any business.Our expertise in legal services help our clients avoid such lapses in their legal procedures and keep them at the right side of the law. Our services are not reactionary in this regard but proactive and as such we provide legal consultancy services to protect and safeguard the interests of our clients.We offer a number of Legal Consultancy Services in the areas of Companies Act, SEBI, Service Tax, Foreign Exchange Management Act and other mercantile and commercial statutes.Our Services Formation of Companies / Limited Liability Partnerships Regular compliances with Registrar of Companies and LLP Advise on Corporate Law Matters Representation before Registrar of Companies & Company Law Board Maintenance of Statutory Records under Companies Act Advise on matters pertaining to SEBI Advise on matters pertaining to FEMA and Foreign Exchange Drafting of Deeds and Agreements

We have worked extensively under IFRS and our experience indicates that IFRS is more than just a technical accounting exercise and needs to be viewed and considered as an important business priority. The Profits, EBITDA, Dividend policy, Tax Planning will all change because of this transition and companies need to plan well in advance to ensure a smooth transition.   Udai Pathak & Co provides an entire gambit of IFRS services : Diagnostic Review - Analysis of policy and procedures difference between existing GAAP and IFRS Gap Analysis & Conversion Planning - Analysis of the gaps and identifying procedures for bridging the gaps including specific actions which needs to be taken by the company Conversion of financial statements into IFRS - Actual conversion of financial statements into IFRS compliant financial statements Valuation services under IFRS - Valuation of property plant and equipment Valuation of financial instruments Valuation of investment properties Valuation of actuarial liabilities Valuation of Biological assets (agriculture, livestock etc.) Valuation of Intangible Assets – Brand, Goodwill, Patents, Trademarks, Rights etc. Post Conversion Services - Investor management, Annual Report Presentation, press release Meets etc. IFRS Training - Various practical training coerces of short and long duration based on client requirement.

Consulting Written opinions or clarification on any legal issue of GST Aid in drafting agreements to avoid tax demand and litigation Providing on call support and assistance   Strategic planning Getting the business systems and flow ready for GST Impact Analysis of GST on the long term plans of the company Structuring of transactions from GST perspective Optimizing products and services to minimize GST liability   Systems, processes and technology support Health checkup of the organization with regard to the tax policies, systems, compliances and reporting Studying and strengthening the internal control processes and procedures to comply with the GST laws Putting in place a broad tax framework along with the processes, system flows, reporting and accountability. Initial hand holding, technological support and staff training for implementation or improvement of tax compliant systems   Audit, Scrutiny And Search/seizure Review and fix the deficiencies in compliances before the conduct of audit, scrutiny and search/seizure Represent and defend before the Department officer/team Help in preparation of necessary MIS reports as requisitioned by the Department officer/team Give necessary replies to the spot/deficiency memos, showcause notices and demand notices issued by the Department officer   Litigation Submission of replies to showcause notices issued by the Department Drafting of appeals for submission before the Authorities Representation before the Appellate Authorities   Compliances Complete retainership for facilitation of regular compliances Registration under the GST law Filing of Refund and rebate claims Advising and filing of all types of returns and forms under the GST laws Computation of tax liability

Our firm helps its clients to understand the market trends, assess the impact of regulatory changes, screen acquisition or alliance, diversification, merger of businesses and uncover hidden opportunities, risks and deal issues, or raise capital.   We provide advisory services to clients that wish to improve their profitability in high growth sectors. Professional consultancy services are offered for mergers, acquisitions, Joint-ventures, spin-offs, strategic alliances and financial syndications. Our trained and talented consultants offer an extensive range of Business Consultancy Services.   Our Services : Preparation of Techno-Economic Feasibility Study Report / Project Report for submission to banks. Loan Syndication. Financial Due Diligence. Business Valuation including Brand Valuation. Functional and Operational System Study. Advising on and preparation of Schemes of amalgamation, demerger and reorganisation.

We helps its clients to understand the market trends, assess the impact of regulatory changes, screen acquisition or alliance, diversification, merger of businesses and uncover hidden opportunities, risks and deal issues, or raise capital.We provide advisory services to clients that wish to improve their profitability in high growth sectors. Professional consultancy services are offered for starting business, company registrations, mergers, acquisitions, Joint-ventures, spin-offs, strategic alliances and financial syndications. Our trained and talented consultants offer an extensive range of Business Consultancy Services.Our Services Preparation of Techno-Economic Feasibility Study Report / Project Report, CMA Report for submission to banks. Loan Syndication. Financial Due Diligence. Business Valuation including Brand Valuation. Functional and Operational System Study. Advising on and preparation of Schemes of amalgamation, demerger and reorganisation

Our highly motivated corporate audit & accounting services team diligently works on the entire gamut of audit and enterprise risk services, maintaining professional audit standards and quality by working closely with the clients, and managing their risks. Audits are important to keep the business healthy. Our industry knowledge, a study of the business environment and our expertise in accounting, laws, procedures and systems helps us identify the problem areas in the business and the transactions within the company and enable us to give accurate advice to the management. An in-depth understanding of all aspects of our clients business is obtained and attempts are made to ensure that the financial statements are free from material misstatements.   Integrity and confidentiality are two essential aspects of our services. Client’s reputation is equally important for us as it is for our client and reliability in representing facts and records is our responsibility.   The key services provided by our firm in the Audit and Assurance Division include : Restatement of Financial Accounts /Statements Certification of Accounts under US GAAP, IFRS, Other international GAAPs Accounting Certification under various governing statutes   The firm continuously endeavors to ensure that Audit and Assurance services do not remain a mere compliance requirement, but adds value to the clients. The firm's forward-looking pragmatic approach with thought leadership has attracted several companies to engage with the firm.   Our Services Statutory Audit Risk based Internal Audit Concurrent Audit Tax Audit as required under the Income Tax Act, 1961 Special Audit of N.B.F.C (Under R.B.I) Revenue / Inspection / Stock Audit Operation / Management Audit GST Audit Systems Audit   We ensure that adequate thought leadership input is provided to its clients, leading to concrete steps in enhancing firm’s value.   Our sophisticated Risk Management tools and methodologies, which have led to significant enhancement in performance of companies where we are associated. Udai Pathak & Co. helps companies improve its enterprise wide processes, lower its operational costs, reduce enterprise risk thereby providing companies a sustainable competitive advantage.   Some key areas covered within Risk Advisory Services include: Internal Audit - Reviewing and testing of the controls and processes in an entity Enterprise Risk Management Study - Detailed study of the global risks a company is exposed to and the risk mitigation tools and policies Corporate Governance Review - Review of the existing corporate governance structure, role of the Board and its committees and the systems and process in place to ensure regulatory discipline within an entity Systems, Control and Process Review - Review of the controls and risk in a specific processes Information Technology Audit - Audit of the information systems of an entity including its IT governance, security risks, back-up procedures etc. Management Audit - Audit from the point of view of the management with focus on a broad spectrum of areas including governance, risk, cost reduction etc. Specific Risk Audit - Study on specific risks a company is exposed to and policies and procedures adopted to mitigate the risks such as foreign exchange or technology obsolescence Regulatory Compliance Review - A comprehensive study of compliance Audit with all the relevant regulatory requirements such as Labour Laws, Tax laws, Corporate Laws, Environment laws etc. Fraud and Forensics - Specific investigative audits conducted with present notion of malpractice in a particular area. The firm his specific tools to identify and analyze existence of fraud

When it comes to delivering indirect tax consultancy, quality is UP&C’s foremost priority. Ours is a Serampore (West Bengal, India) based service provider agency, licensed to render services of an indirect tax consultant. Ours associates excel in various aspects of different indirect taxes. Our service offerings include advising on tax implications on day-to-day processes as well as implications on particular business activity. So, let us know your requirements, we assure to provide solutions around them.   Consulting : Written opinions or clarification on any legal issue of Indirect Taxes Aid in drafting agreements to avoid tax demand and litigation Providing on call support and assistance

Since incorporation, UP&C has been winning the trust of clients through its scheduled operations and excellent customer support services. We are based in Serampore (West Bengal, India) and can be contacted anytime for planning indirect tax strategy. Associated with a team of skilled individuals, we help clients in documenting tax strategy and implementing formal processes. Abide by the governing tax norms, we provide legitimate solutions as per client’s functional needs. So, contact us anytime.   Strategic Planning : Getting the business systems and flow ready for GST Impact Analysis of GST on the long term plans of the company Structuring of transactions from Indirect taxes’ perspective Optimizing products and services to minimize indirect tax liability

If you are seeking professional assistance for indirect tax audit scrutiny and search needs, then it is advised to approach UP&C. Ours is a Serampore (West Bengal, India) based service provider agency, specialized in providing indirect tax audit, scrutiny and search services. With our services, we have appointed a team of accountants and tax advisors, who coordinate with clients- be it corporates or individuals- and provide appropriate solutions complying with the stated tax norms. For a detailed discussion, clients can reach us through our contact us page.   Audit Scrutiny and Search : Review and fix the deficiencies in compliances before the conduct of audit, scrutiny and search/seizure Represent and defend before the Department officer/team Help in preparation of necessary MIS reports as requisitioned by the Department officer/team Give necessary replies to the spot/deficiency memos, showcause notices and demand notices

UP&C is a renowned entity in the service industry of Serampore (West Bengal, India) and providing top-notch solutions for indirect tax litigation needs. We are associated with a team of skilled tax advisory personnel, who liaise with clients to analyze taxpayers needs and advise in further processing. Our provided solutions obey the elevated legal norms. So, whenever you seek assistance for indirect tax related litigation matters, do not forget to consider our name.   Litigation : Submission of replies to showcause notices issued by the Department Drafting of appeals for submission before the Authorities Representation before the Appellate Authorities

UP&C is a bankable name in the industry, licensed to provide indirect tax compliance services throughout Serampore (West Bengal, India). Ours is a group of tax consultants, advisors and coordinators, who have skills, resources and commitment necessary to render dependable solutions. With our services, we provide a centralized, controlled environment for managing VAT, GST and other international transactional taxes. For further discussion, contact us anytime.   Indirect Tax Compliances : Complete retainership for facilitation of regular compliances Registration under various Indirect Tax Laws Filing of Refund and rebate claims Advising and filing of all types of returns and forms under the Indirect Tax Laws Computation of tax liability

Ours is an established name, specialized in providing corporate services throughout Serampore (West Bengal, India). At UP&C, ours is a team of talented individuals, who work collectively to fulfil enterprise-wide needed support services by implementing the modern technology and the best work practices. Being a responsible corporate service provider, we have catered to multifarious requirements of different industry verticals. To avail the benefits of our services, clients can ring us on the given numbers.   Corporate Services : Preparing, maintaining, and consulting on the following : AOA & MOA Statutory registers and records Policies and structures Directors report Appointment and remuneration of Directors Appointment of KMPs Preparation of Boards’ report CSR policy Related party transactions Registration of partnership firm including limited liability partnership (LLP), society and trust Statutory compliance for formation, maintenance and winding up of company. Consultancy on Company Law matters. Restructuring of the capital structure of the entity including increase of authorized share capital, reduction of share capital, issue and allotment of shares. Advice on the full range of strategic transactions, including mergers, de-mergers, buy-outs, joint ventures, strategic alliances and other restructurings Filing of annual returns and various forms, documents. Registration of companies as a Non-banking Financial Companies under the Reserve Bank of India Act. Secretarial Matters including share transfers Fulfilling all legal requirements for Buyback of shares and on the issue of public/ rights/bonus shares Maintenance of statutory Books and records, conducting Board/General Meetings, drafting of resolutions and minutes of Board and General Body meetings, etc Change of Name, Objects, Registered Office, etc. Representation before the Registrar of Companies, Regional Directors, Company Law Board, Reserve Bank of India etc

When it comes to delivering an audit, quality is UP&C’s foremost priority. Ours is a Serampore (West Bengal, India) based service provider agency having resources and commitment required to identify and implement innovative approaches and tools to achieve client’s business objectives. We are supported by a crew of skilled auditors, who work diligently to render accurate and purposeful solutions. Clients can progress us anytime for further discussion.   Audit Services : Performing Risk Assessment Procedures to identify the risk of material misstatement. Designing other audit procedures as per the results of such risk assessment procedures Performing compliance procedures to examine the design, consistency and operating effectiveness of the internal control system Communicating the weaknesses identified in the internal controls to the management and those charged with governance Providing suggestions for improvement and strengthening of the controls Performing substantive procedures to examine the completeness, accuracy, occurrence and validity of the transactions and the balances. Ensuring compliance with policies, procedures and statutes. Comprehensive review to ensure that the accounts are prepared in accordance with Generally Accepted Accounting Principles and applicable Accounting Standards/IFRS. Checking the genuineness of the expenses and incomes booked in accounts. Checking the ownership, existence, valuation and controls over the assets of the entity Reporting inefficiencies at any operational level. Detection and prevention of leakages of income and suggesting corrective measures to prevent recurrence. Performing substantive analytical review procedures by using various ratios, trends and other statistical tools and examining any significant changes thereon Certification of the books of account being in agreement with the Balance Sheet and Profit and Loss Account. Issue of Audit Reports under various laws. Types of Audit conducted : Statutory audit of most types of entities. Internal Audit Concurrent Audit to help the clients in early detection of misstatements and timely completion of audit work. Special Audit of N.B.F.C (Under R.B.I) Revenue / Inspection / Stock Audit Operation / Management Audit VAT Audit under the local VAT laws Tax Audit under Section 44AB of the Income Tax Act, 1961. Audit under other sections of the Income Tax Act, 1961 such as 80HHC, 80-IA, etc. Revenue Audit of Banks. Branch Audits of Banks. Audit of PF Trusts, Charitable Trusts, Schools, etc. Audit of Co-operative Societies. Information System Audit

Accounting is considered as an important segment of doing business for each entrepreneur. If you are seeking assistance for bookkeeping and accounting needs, look no further than UP&C. Ours is a Serampore (West Bengal, India) based service provider agency, specialized in providing accounting services in the throughout region. A team of accounting professionals and advisors is entrusted to coordinate with clients and provides solutions on how to create, file and manage documents such as sales invoices, statements and payments. So, contact us anytime.   Accounting Services : Preparation of the financial budgets by determining projected incomes and expenditures. Preparation of the books of accounting entries along with ledgers and trial balance. Preparing P/L A/C and Balance Sheets along with the relevant schedules and notes to accounts. Monitoring the sources of income and the places of expenditure in order to find opportunities to reduce unnecessary expenditure and generate more revenue. Preparing the depreciation and amortization schedules as per the latest legal provisions Compliance with the provisions that are applicable to the NRIs and preparation of Financial Statements for them Preparing the cash flow and fund flow statements to show the flow of cash from operating, investing and financial activities. Determining the appropriate amount of working capital needed for the smooth functioning of the client and to reduce the cost of working capital to minimum levels possible. Calculation of Significant ratios such as Debt/Equity ratio, Interest Coverage Ratio etc in order to analyse the performance of the client and to compare it with earlier years or other firms in the same industry. Helping the clients to comply with the various tax procedures. Designing procedures for the client which help them to safeguard their assets and improves accountability. Designing and implementing an efficient Management Information System so as to improve the quality and availability of information for the management. Automation of the Accounting System to provide the client with better management of data and processing. Automation of various business processes to provide the client with better cost-efficiency and greater competitive advantage. Business Process Management Implementation and review for the management, improvement and control of business processes for the client.