Our Services
AUDIT & TAXATION
Audit & Taxation is a must, be it at an individual or company level. Our specialty lies in maintaining the through and through process, compliances with all statutory laws, transparent accounting to provide clear view of the business understanding the minor nuances of business working, and timely reporting of the same to achieve the desired growth.
AUDIT SERVICES :
MANAGEMENT AUDIT
Have a small business, a start-up, or a company with small to mid-sized operations?
Management Audit should be in your top consideration. It helps identify and explore mistakes that can be imperative for the proper functioning of the entity.
Management audit offers an assessment of controls and their effectiveness in business operations. It is a systematic examination of decisions and actions undertaken, by the management, to analyse its impact.
SYSTEM AUDIT
With the continually growing need for IT, financial reporting, and the increasing complexity, the focus towards information produced by systems and processes is growing.
Now, greater emphasis is being put on internal control and maintenance.
At Leela Fincare, we focus on the design, documentation, and operation to ensure the accuracy and timeliness of information used for financial reporting and management decision-making.
REVENUE & INSPECTION AUDIT
Revenue and inspection audit are imperative when you want a thorough examination of your tax returns, a declaration of liability, or a repayment claim.
We help you cross-check the information and figures stated or declared by you in the tax return statements versus business records.
Revenue and Inspection Audit consists of:
- Income Tax, Corporation Tax or Capital Gains Tax returns
- The returns submitted in respect of VAT, PAYE/PRSI or Relevant Contracts Tax (RCT)
CONCURRENT AUDIT
Want to ensure accuracy, authenticity, and compliance?
"Concurrent Audit" is your go-to option. It is a timely and systematic examination of financial transactions performed regularly.
This audit aims to shorten the interval between a transaction and its examination. It emphasizes substantive checking in key areas of operations.
INTERNAL AUDIT
Want to know if your organization is functioning the way it should be? Whether you have the true picture of its state of affairs? Internal audit is imperative to understanding and assessing risks, as well as evaluating internal controls. It helps in ensuring optimum utilization of the resources available with the organization and builds a thorough understanding of the liabilities. Internal Audit helps to ensure the adequacy of information systems security and controls.
Check out our Internal Audit offerings.
What we offer:
- Assessing/preparing Internal Audit Manual for the organization and the study of control objectives.
- Advising on organizational procedures being followed.
- Practicality and viability of existing controls and areas of improvement.
- Assessment of risks and open points.
- Checking the controls instituted within the system.
- Identifying possible areas of improvement and stop revenue leakage, if any.
- Measuring deviation at test check levels.
- Identifying assets at risk and their protection.
- Audit of Corporate Governance.
TAXATION SERVICES :
CORPORATE TAXATION
If you are looking for the complete packaged solution for corporate taxation, then we are here to help.
Providing all-round services ranging from tax planning to litigation assistance, we aim at leveraging our 20 plus years of experience and extensive knowledge of Indian taxation and other statutory laws for optimum tax planning and other work within the parameters of statutory laws.
- Implementation of GST process as per business model
- Filing of various return under GST
- Monitoring of GST returns and ensuring to the process thereof
- Tax Deducted at Source (TDS) planning and return planning
- Calculation of Advance Tax and self-assessment tax
- Regular Assessments
- Litigation assistance
- Counselling with Tax Authorities
INDIVIDUAL TAXATION
The primary aim for every individual is to minimize the current and future tax liabilities.
At Leela Fincare , we help you achieve that by always being on top of new tax laws and legislations.
We are always at a position to identify key tax planning opportunities, that helps us provide strategic tax planning advice to our clients.
What we offer:
- Income Tax planning for salaried and self employed
- Return filing and ensuring complete submission of the same
- Income Tax assessment completion
- Calculation of long term & short-term capital gain on purchase & selling transaction.
- Tax advisory Services for non-residents