UPADHYAY COMPANY

UPADHYAY BROTHER'S & ASSOCIATES

About Upadhyay Brother's

Upadhyay Brother's was founded in the year 2014 in India and over the period of time the firm has developed as a reputed accounting and advisory firm. Upadhyay Brother's currently handling the Internal Audits, Statutory Audit, ROC Filling, Regulatory, Assurance & Due Diligence.

Areas of Expertise :- Internal Audit, IFC Audit, Statutory Audit, Tax Audit, GST Audit, Company Incorporation, Trade Mark, Statutory Compliance (Direct Tax and Indirect Tax) and ROC work (Company Incorporation, Strik off, Annual Filling & NCLT Cases etc).

Keeping in mind the constantly changing and volatile environment under which companies operate, compliance reviews and risk mitigation activities are the need of the hour. Upadhyay Brother's conducts compliance reviews, investigates frauds and misconducts and helps quantify and measure the financial impact of these.

Upadhyay Brother's conducts audits in line with the guidelines laid down by the Institute of Chartered Accountants of India and the generally accepted audit and accounting principles. Services include conduct of Statutory Audit, Tax Audit, Internal Audit, Compliance with Direct and Indirect laws.

Upadhyay Brother's provides domestic tax services to individuals, corporations, partnerships, trusts & estates, non-profit organizations.

Our goal is to assist our clients with innovative tax planning, strong tax advocacy, and effective domestic tax strategies.

This includes the following:

Comprehensive advice on tax matters & tax planning;
Advising clients on tax-effective compensation structuring for their employees;
Preparation, review, and filing of corporate and non-corporate return and e-returns and withholding tax compliances;
Representation before Income Tax Authorities;
Assistance in availing exemption certificate and approvals;
Conducting tax compliance review;

Upadhyay Brother's provides tax planning and strategy.

Ongoing direct tax payments and self-assessments for companies and firms, tax compliances (TDS, professional tax, etc.), filing of tax returns for companies and firms, liaising with Income Tax authorities in cases of tax demands, scrutiny or disputes, tax audits for companies and firms as prescribed by the Income Tax authorities, Employee tax calculations for companies and firms.

GST was introduced in 2016 and has been a game changer. It has helped in the ease of doing business. From a multitude of taxes at the centre and state level, it has be simplified to a single tax. Upadhyay Brother's provides services in GST registration and migration, calculation of GST liabilities and credits, filing of GST returns, liaising with authorities in cases of tax demands, scrutiny or disputes for both GST and erstwhile indirect tax issues (service tax, VAT, excise, etc.), interpretation of GST Act and specific sections depending upon the clients’ industry, products, exporter/importer status etc.

Appropriate classification in terms of HSN and SAC codes and the applicable tax rates;
Ascertain place of supply to determine relevant state for GST compliances and tax payments;
Claim proper input tax credits where eligible and exclude or defer input tax credits not eligible as well as refunds or tax credits for exports
Ascertain and ensure compliance with reverse charge on inward supplies where applicable;
Structuring of contracts / transactions to optimize tax incidence;
Conducting tax impact assessment studies.