Our services in India

BOOKKEEPING AND ACCOUNTING

We offer comprehensive Bookkeeping and Accounting Services designed to help businesses maintain accurate financial records, comply with regulations, and make informed financial decisions. Whether you're a startup, small business, or large enterprise, our services are tailored to suit your specific needs and ensure that your finances are well-managed and transparent.

1.Bookkeeping Services

✅Recording Financial Transactions: Accurate entry of all financial transactions, including sales, purchases, and expenses.

✅ Ledger Maintenance: General ledger and sub-ledger management for a clear and organized financial structure.

✅ Bank Reconciliation: Regular reconciliation of bank statements to ensure accuracy and detect discrepancies.

✅ Accounts Payable & Receivable Management: Efficient handling of invoices, collections, and vendor payments.

✅ Expense Tracking: Categorization and monitoring of expenses to optimize cost control.

✅Preparation of Financial Statements: Profit & Loss (P&L), Balance Sheet, and Cash Flow statements as per Indian Accounting Standards (Ind AS).

✅ GST Accounting & Compliance: Proper recording of GST transactions, filing of GST returns, and reconciliation with GSTR-2A.

✅ TDS & Tax Compliance: TDS calculation, deduction, and filing of TDS returns to stay compliant with Indian tax laws.

✅ Payroll Processing: Salary computation, PF, ESI, and professional tax deductions along with payslip generation.

✅ Inventory Accounting: Proper valuation and tracking of inventory to maintain accurate financial records.

3.Advanced Financial Services

✅ MIS Reporting & Financial Analysis: Customized Management Information System (MIS) reports to help business owners make informed decisions.

✅ Budgeting & Forecasting: Future financial planning and analysis to ensure business growth.

✅ Audit Support: Assistance in statutory audits, internal audits, and tax audits as per Indian regulations.

✅ Cloud-Based Accounting Solutions: Expertise in software like Tally, Bussy, ERP, Zoho Books, and QuickBooks India for digital accounting.

2.Accounting Services

Why Choose Our Bookkeeping and Accounting Services?

✅ MIS Reporting & Financial Analysis: Customized Management Information System (MIS) reports to help business owners make informed decisions.

✅ Budgeting & Forecasting: Future financial planning and analysis to ensure business growth.

✅ Audit Support: Assistance in statutory audits, internal audits, and tax audits as per Indian regulations.

✅ Cloud-Based Accounting Solutions: Expertise in software like Tally, Bussy, ERP, Zoho Books, and QuickBooks India for digital accounting.

Let us handle your books, while you focus on growing your business!

TAXATION SERVICES

Navigating the complexities of India's tax system can be challenging for businesses and individuals. At Indosphere Consultants, we provide expert Taxation Services designed to ensure compliance with Indian tax laws while optimizing tax planning strategies to minimize liabilities. Whether you need assistance with GST, Income Tax, TDS, or Corporate Tax Compliance, we offer end-to-end solutions tailored to your financial needs.

Taxation Services

1. GST Compliance & Filing

✅ GST Registration: Assistance with new GST registration for businesses and startups.

✅ GST Return Filing: Preparation and filing of GSTR-1, GSTR-3B, GSTR-9 (Annual Return), and GSTR-9C (Reconciliation Statement).

✅ GST Input Tax Credit (ITC) Reconciliation: Ensuring that eligible ITC is claimed and reconciled with GSTR-2A/2B.

✅ GST Refund Processing: Handling GST refunds for exports, inverted duty structures, and other eligible claims.

✅ E-Way Bill & E-Invoicing Compliance: Assistance in generating and managing e-way bills and e-invoices for seamless operations.

✅ GST Audit & Litigation Support: Support in GST assessments, responding to notices, and representing clients before GST authorities.

2. Income Tax Services

✅ ITR Filing for Individuals & Businesses: Income Tax Return filing for salaried individuals, freelancers, professionals, and corporates.

✅ Tax Planning & Advisory: Strategies to optimize tax liabilities while staying compliant with the Income Tax Act.

✅ Advance Tax Computation & Payment: Estimation and timely payment of advance tax to avoid penalties.

✅ Tax Audit (Section 44AB): Assistance in tax audits for businesses and professionals as per income tax provisions.

✅ Representation before Tax Authorities: Handling income tax notices, scrutiny assessments, and appeals before tax officers.

✅ 12A & 80G Certifications

Why Choose Our Taxation Services?

✅Expertise in Indian Tax Laws: We stay updated with the latest amendments in GST, Income Tax, and Corporate Tax regulations.

✅Timely Compliance & Filing: Avoid penalties and late fees with our prompt tax filing services.

✅Maximum Tax Savings: Our expert tax planning strategies help reduce liabilities and maximize refunds.

✅Hassle-Free Process: From documentation to filing, we handle everything seamlessly.

✅Secure & Confidential: Your financial data is protected with strict confidentiality and security measures.

3. TDS/TCS Compliance & Filing

✅ TDS & TCS Calculation and Deduction: Accurate deduction of TDS/TCS as per applicable rates.

✅ TDS Return Filing: Timely filing of TDS returns (Form 24Q, 26Q, 27Q, 27EQ) to avoid penalties.

✅ TDS Reconciliation with Form 26AS & TRACES: Ensuring correct credit of TDS for taxpayers.

✅ Issuance of TDS Certificates: Generating Form 16, Form 16A, and Form 27D for employees and vendors.

4. Corporate Taxation & Compliance

✅ Corporate Tax Return Filing: End-to-end tax compliance for companies, LLPs, and partnership firms.

✅ MAT & AMT Computation: Calculation of Minimum Alternate Tax (MAT) & Alternate Minimum Tax (AMT).

✅ Transfer Pricing Compliance: Assistance in transfer pricing documentation, reporting, and audit support for international transactions.

✅ Filing of Tax Audit Reports: Preparation and submission of Form 3CD under the Income Tax Act.

5. Tax Advisory & Planning

✅ Personal & Business Tax Planning: Optimizing tax strategies for individuals and enterprises to maximize savings.

✅ Capital Gains Tax Advisory: Guidance on long-term and short-term capital gains taxation for investments in property, stocks, and mutual funds.

✅ HUF & Trust Taxation: Tax advisory for Hindu Undivided Families (HUFs), trusts, and charitable organizations.

Stay tax-compliant while maximizing your savings!

AUDIT ENGAGEMENT SERVICES

Audits play a crucial role in ensuring financial accuracy, regulatory compliance, and business transparency. At Indosphere Consultants, we offer comprehensive Audit Engagement Services tailored for Indian businesses, startups, and enterprises. Our team of experienced auditors ensures that your financial records comply with Indian Accounting Standards (Ind AS), Companies Act, GST, Income Tax Act, and other regulatory requirements

1. Statutory Audit 

✅ Audit of Financial Statements as per the Companies Act, 2013.

✅ Independent Auditor’s Report for corporate financial transparency.

✅ Significant Accounting Policies of the Company.

✅ Verification of Books of Accounts to ensure compliance with Ind AS and IFRS.

✅ ROC Filing Assistance (AOC-4, AOC-4 XBRL, MGT-7, MGT-7A) to meet MCA requirements.

2. Internal Audit & Risk Assessment

✅ Business Process & Internal Controls Review to identify inefficiencies and fraud risks.

✅ Compliance with SOPs & Internal Guidelines to strengthen internal governance.

✅ Risk-Based Audit Approach to enhance operational efficiency.

✅ Cost Control & Revenue Leak Prevention for improved financial health.

3. Tax Audit

✅ Tax Audit Report Preparation (Form 3CA/3CB & 3CD) for businesses exceeding prescribed turnover limits.

✅ Verification of Tax Deductions & Payments (TDS, Advance Tax, GST, etc.).

✅ Reconciliation of Income Tax Returns with Financial Statements to prevent discrepancies.

✅ Compliance Check for Tax Laws to avoid tax penalties and litigations.

Why Choose Our Audit Services?

✅Certified & Experienced Auditors: Expertise in Indian Taxation, GST, Corporate Laws, and Financial Compliance.

✅Risk-Based & Transparent Audit Approach: Helping businesses identify risks and optimize financial efficiency.

✅Regulatory Compliance & Avoidance of Penalties: Ensuring businesses meet MCA, SEBI, RBI, Income Tax, and GST regulations.

✅Confidential & Secure Process: Strict adherence to data security & professional ethics.

✅Customized Audit Solutions: Tailored audit services for startups, SMEs, corporates, and large enterprises.

4. GST Audit & Compliance

✅ Annual GST Audit (Form GSTR-9C) for businesses exceeding turnover limits.

✅ Reconciliation of GST Input Tax Credit (ITC) with GSTR-2A & Books of Accounts.

✅ GST Compliance Review to detect errors in tax filings and transactions.

✅ GST Litigation & Notice Handling to assist businesses in responding to tax authorities.

5. Forensic Audit & Fraud Investigation

✅ Fraud Risk Analysis & Prevention to detect financial irregularities.

✅ Examination of Financial Transactions & Employee Conduct.

✅ Audit Trail Tracking to uncover misappropriations or fraudulent transactions.

✅ Legal & Regulatory Compliance Check for corporate governance adherence.

6. Stock Audit & Inventory Verification

✅ Physical Verification of Inventory & Fixed Assets to prevent discrepancies.

✅ Stock Valuation & Obsolescence Analysis for accurate reporting.

✅ Compliance with Banking & Loan Covenants for businesses with financial borrowings.

✅ Reconciliation of Inventory Records with Books of Accounts to eliminate discrepancies.

7. Due Diligence Audit & Special Investigation

✅ Financial Due Diligence for Mergers, Acquisitions, and Investments.

✅ Operational & Legal Compliance Check for Prospective Partnerships.

✅ Vendor & Supplier Due Diligence to assess business risks before collaborations.

✅ Review of Financial Statements & Liabilities for informed decision-making.

Ensure compliance, financial accuracy, and business transparency with expert audit solutions!

Incorporation Services and entity Selection

There are several types of Organizations that can be established in India and each type of Organization has its own different compliance requirements regarding incorporation or registration, running the business, event based and closure of business.

Types of Incorporation we do

✅Private Company

✅ Public Company

✅ Section 8 Company

✅ One Person Company

✅ Subsidiary of Foreign Company

✅ LLP

✅ Trust

✅ Society

✅ HUF

✅ NGO Registration

Foreign Establishments:

We help business owners from all over the world set up their Companies all across India, guiding them through every step and helping them in running their businesses in Compliance with the requirements prescribed under Income Tax Act 1961, Central Goods and Services Act, 2017, Companies Act, 2013, Labour Laws, FEMA Act, 1999, RBI Act, 1934.

What we do during Incorporation?

✅ Guidance on choosing the right business structure (Type of Company, Proprietorship, Partnership, LLP, Private Limited, etc.).

✅ Drafting of MOA, AOA, Resolutions, Agreements, Objects, NOCs and other documents.

✅ Choosing the right NIC Codes based on objects.

✅ Filing forms with the Department.

✅ Completing necessary re-submissions, if required by Department.

✅ Assistance in opening bank account of the Company.

✅ Completing each and every post incorporation compliance as prescribed under FEMA Act, 1999 and Companies Act, 2013 and other activities within prescribed timelines.

What will you receive after Incorporation?

✅ Certificate of Incorporation of Company

✅ MOA and AOA of the Company

✅ PAN and TAN of the Company

✅ Director identification number of all Directors

✅ ESI Certificate

✅ EPF Certificate

BUSINESS CONSULTATION

Running a successful business requires more than just financial tracking—it demands strategic planning, data-driven decision-making, and compliance with evolving regulations. At Indosphere Consultants, we provide expert Business Consultation & Management Accounting Services tailored for Indian entrepreneurs, startups, SMEs, and large enterprises. Our goal is to help businesses improve financial performance, optimize costs, enhance profitability, and ensure regulatory compliance.

1.Business & Financial Advisory

✅ Business Formation & Entity Selection: Guidance on choosing the right business structure (Proprietorship, Partnership, LLP, Private Limited, etc.).

✅ Financial Planning & Budgeting: Helping businesses allocate resources efficiently for growth and sustainability.

✅ Working Capital & Cash Flow Management: Strategies to optimize liquidity and ensure financial stability.

✅ Risk Management & Cost Reduction Strategies: Identifying financial risks and optimizing business expenses.

2.Financial Restructuring & Turnaround Management

✅ Crisis Management & Business Recovery: Helping struggling businesses regain profitability.

✅ Performance Benchmarking: Comparing financial and operational KPIs with industry standards.

3.Financial Restructuring & Turnaround Management

✅ Financial Roadmap & Budgeting: Crafting business models and financial projections.

✅ Investor Pitch Deck & Fundraising Support: Assistance in securing funding from investors and financial institutions.

✅ Regulatory & Legal Compliance: Ensuring businesses comply with GST, Income Tax, MCA, SEBI, and RBI regulations.

✅ Technology & Process Automation: Implementing digital tools for efficient operations.

✅ Startup India and MSME Registration

4.Tax Consultation & Compliance

✅ Income Tax Planning & Advisory: Tax-saving strategies for individuals, professionals, and businesses.

✅ GST Compliance & Advisory: GST return filing guidance, input tax credit optimization, and compliance checks.

✅ TDS/TCS Advisory & Return Filing: Assistance with tax deductions, exemptions, and quarterly filings.

✅ International Taxation & Transfer Pricing: Advisory on cross-border taxation, DTAA benefits, and compliance for MNCs and startups with global transactions.

5.Compliance & Regulatory Advisory

6.Property Management Advisory

✅ Real Estate & Property Tax Advisory: Consultation on property investments, taxation, and capital gains exemptions.

✅ Retirement & Succession Planning: Strategic planning for wealth transfer, inheritance tax, and retirement funds.

✅ Company Law & ROC Compliance: Assistance with Annual Filings (MCA), Board Resolutions, Director KYC, and Secretarial Compliance.

✅ Labour Law & Payroll Compliance: Guidance on PF, ESI, PT, and other employment regulations.

✅ Import-Export Compliance (DGFT & Customs): Advisory on IEC Code registration, FEMA compliance, and export benefits.

✅ SEBI, RBI, and FEMA Compliance: Regulatory guidance for financial institutions, NBFCs, and foreign investments.

MANAGEMENT ACCOUNTING

Effective management accounting is crucial for the long-term success and sustainability of any business. When handled properly, it provides valuable insights that drive strategic decision-making, optimize operations, and improve overall financial performance

1. Budgeting & Forecasting

✅ Preparation of Business Budgets: Aligning financial goals with business objectives.

✅ Revenue & Expense Forecasting: Predicting income and costs for better decision-making.

✅ Variance Analysis & Cost Control: Identifying deviations and implementing corrective measures.

2. Financial Analysis & Reporting

✅ Cash Flow & Fund Flow Analysis: Managing liquidity and financial stability.

✅ Profitability & Break-even Analysis: Assessing business viability and pricing strategies.

✅ Customized MIS Reports: Providing detailed financial insights for management decisions.

✅ KPI Monitoring & Performance Analysis: Tracking key financial and operational metrics.

3. Cost Accounting & Internal Control Systems

✅ Activity-Based Costing (ABC): Identifying cost drivers and optimizing pricing strategies.

✅ Standard Costing & Variance Analysis: Ensuring operational efficiency.

✅ Implementation of Internal Controls: Reducing fraud risks and financial mismanagement.

4. Business Intelligence & Dashboard Solutions

✅ Data-Driven Decision Making: Implementing tools like Power BI, Tableau, and Zoho Analytics.

✅ Real-Time Financial Dashboarding: Custom dashboards for real-time business monitoring.

✅ Trend Analysis & Predictive Analytics: Using AI-driven insights to make strategic decisions.

Why Choose Our Management Accounting Services?

✅Expert Guidance: Experienced professionals with deep knowledge of Indian financial laws.

✅Industry-Specific Solutions: Customized services for retail, manufacturing, IT, real estate, and service sectors.

✅Proactive Approach: Helping businesses anticipate risks and opportunities.

✅Confidential & Secure: Ensuring the highest standards of data security.

✅Technology-Driven Insights: Leveraging modern accounting tools for efficiency.

Get expert guidance and take your business to new heights!

Secretarial Compliance Services

Maintaining statutory and regulatory compliance is essential for businesses operating in India. At Indosphere Consultants, we offer Secretarial Compliance Services to help companies, LLPs, and startups adhere to the provisions of the Companies Act, 2013, SEBI, RBI, FEMA, and other corporate laws. Our expert Company Secretaries (CS) ensure that your business remains compliant, avoids penalties, and operates smoothly.

1. Annual Compliance & ROC Filings

✅ Preparation and Filing of Annual Returns (AOC-4/AOC-4 XBRL & MGT-7A/MGT-7) with MCA

✅ For LLPs, filing of LLP Form 8 (Statement of Account & Solvency) and LLP Form 11 (Annual Return)

✅ Drafting Board’s Report, Notice, Resolutions and other documents.

✅ Maintenance of Statutory Registers & Records: Preparing and updating Statutory Registers

✅ XBRL Filing for Companies: Filing of financial statements in XBRL format as per MCA requirements.

2. Event-Based Secretarial Compliances

✅ Appointment, Resignation and Change in designation of Directors (DIR-12).

✅ Filing of Form MGT-14 (wherever required) for resolutions passed by the Company.

✅ Filing of Return of Deposit (DPT-3)

✅ Registration of Creation, Modification and Satisfaction of Charge (CHG-1) (CHG-4) (CHG-9)

Why Choose Indosphere Consultants for Secretarial Compliance Services?

✅Expertise in Corporate Laws: Our Company Secretaries & Compliance Experts provide accurate, updated, and industry-specific solutions.

✅End-to-End Compliance Management: From incorporation to complex regulatory filings, we handle everything.

✅Avoid Penalties & Legal Risks: Stay 100% compliant with MCA, SEBI, RBI, and FEMA to avoid penalties and legal issues.

✅ Customized Solutions for Every Business: Whether you are a startup, SME, corporate, or foreign entity, we tailor compliance solutions for you.

✅ Secure & Confidential Process: We maintain strict data confidentiality and security.

Stay legally compliant and focus on growing your business while we manage your secretarial compliance needs!

TRANSACTION ADVISORY

We provide expert guidance to businesses navigating complex transactions, such as change in registered office, increase in capital, conversion of company, closure of company, and alteration in corporate documents. These services help clients make informed decisions, maximize value, and minimize risks during each phase of a transaction.

1.Change in address of Registered Office of Company/LLP

✅ Change could be within the same city, same state, same ROC or outside the city, state and ROC

✅ Preparation of necessary drafts

✅ Filing with the Department

✅ Necessary Approvals

2.Increase in Capital

✅ Documentation for increase in Paid up Capital, Authorized Capital

✅ Documentation for right issue, preferential allotments, private placements

✅ Issue of Equity and Non-Equity Instruments.

✅ Completing filing with the Department

✅ Documentation for Share transfer, Share transmission and guidance on issuing share certificates

3. Conversion of Companies/LLPs

✅ Private Company to Public Company

✅ Private Company to One Person Company (OPC)

✅ Public Company to Private Company

✅ Private Company to LLP

✅ OPC to Private Company

✅ LLP to Private Company​

✅ Partnership Firm to LLP

✅ Sole Proprietorship to LLP/Company

4.Alteration in Constitutional documents

✅ Alteration in AOA and MOA of the Company

✅ Alteration in LLP Agreement

✅ Endorsement on Share Certificates

5. Closure of Companies and LLPs

✅ Preparation of necessary documents

✅ Completing necessary filings

✅ Obtaining approvals from department

INDUSTRIAL LICENSES AND RELATED ACTIVITIES

Industrial licenses are a critical regulatory requirement for certain sectors to ensure compliance with government norms and promote orderly growth.

Industrial Licenses

✅ Software technology park(STP) registration

✅ Food Safety and Standards Authority of India (FSSAI) Registration

✅ Employees Provident Fund (EPF) Registration

✅ Employees State Insurance (ESI) Registration

✅ Shops and Establishments Act Registration

✅ Professional Tax Registration

✅ MSME Registration and Filings

✅ Startup India Registration

FEMA

Foreign Exchange Management Act (FEMA) is a critical piece of legislation in India that regulates foreign exchange transactions, promoting the orderly development and maintenance of the foreign exchange market in the country. Compliance with FEMA is essential for businesses and individuals engaging in foreign exchange transactions to ensure they operate within the legal framework.

FEMA

✅ Consultation on Inbound and Outbound Investments

✅ Drafting of Share purchase agreements and related documents

✅ Registration on Firms portal, Flair Portal

✅ Filing of FCGPR and incidental activities

✅ Filing of FCTRS and incidental activities

✅ Filing of FLA Return and incidental activities

✅ Legal Entity Identifier (LEI) Registration

✅ Filing of LLP 1 and incidental activities

CORPORATE GOVERNANCE

Corporate governance is essential for ensuring that companies are operating with transparency, accountability, integrity and within the legal framework. It plays a key role in building, reputation trust with stakeholders and fostering long-term sustainability.

Corporate Governance Services

✅ CSR Compliance & Annual CSR Reporting.

✅ Guidance on Convening Board meetings, Committee meetings, General Meetings

✅ Preparing minutes of Board meetings, Committee meetings and General meetings

✅ Guidance on composition of Board of directors and Committees

✅ Drafting various policies of the Company

✅ Drafting Notice of Interest by Directors

✅ Drafting resolutions for various events like opening of Bank Account, Registration on government portals, Change in signatories etc.

✅ Consultation on Corporate Laws, Taxation laws, Labour laws.