Since our inception, we have successfully completed various Taxation Services and have attained a credible position in this competitive market. Our personnel follow a client-centric approach and have the expertise to offer these Taxation Services in a cost-effective and personalized manner.Income TaxLeveraging on the expertise of our experienced Chartered Accountants, we offer the clients impeccable Taxation Services, including Income Tax Computation and Payments. We are all aware of the fact that the income earned in a financial year is liable to tax as per the rates prescribed by the government. In India, we follow the Residence Based Taxation System, wherein the Taxpayers are classified as residents or non-residents. We also have the system in place for Individual Taxpayers, who are also classified as residents but not ordinary residents.This rule also applies to the companies, wherein an Indian company or any other company, whose affairs are wholly controlled and managed from India are considered as Indian resident. Apart from this, any other company would be a non-resident.Residential StatusAn individual is resident in India if he is in India in the tax year for :
182 days or more; or
60 days or more (the period of 60 days stands changed to 182 days or more for Indian citizens or persons of Indian origins on a visit to India; and also for citizens of India who leave India for employment abroad as member of a crew of an Indian ship) during the tax year, and an aggregate of 365 days or more during the four years preceding the tax year.
An individual who does not satisfy the above conditions is a non-resident.
A resident is "not ordinarily resident" in India in any tax year if he :
Has been "non-resident" in India in nine out of the 10 previous years preceding that year
Has been in India for a total period of 729 days or less during the previous seven years; preceding the current year.
Since our inception, we have successfully completed various Taxation Services and have attained a credible position in this competitive market. Our personnel follow a client-centric approach and have the expertise to offer these Taxation Services in a cost-effective and personalized manner.Income TaxLeveraging on the expertise of our experienced Chartered Accountants, we offer the clients impeccable Taxation Services, including Income Tax Computation and Payments. We are all aware of the fact that the income earned in a financial year is liable to tax as per the rates prescribed by the government. In India, we follow the Residence Based Taxation System, wherein the Taxpayers are classified as residents or non-residents. We also have the system in place for Individual Taxpayers, who are also classified as residents but not ordinary residents.This rule also applies to the companies, wherein an Indian company or any other company, whose affairs are wholly controlled and managed from India are considered as Indian resident. Apart from this, any other company would be a non-resident.Residential StatusAn individual is resident in India if he is in India in the tax year for :
182 days or more; or
60 days or more (the period of 60 days stands changed to 182 days or more for Indian citizens or persons of Indian origins on a visit to India; and also for citizens of India who leave India for employment abroad as member of a crew of an Indian ship) during the tax year, and an aggregate of 365 days or more during the four years preceding the tax year.
An individual who does not satisfy the above conditions is a non-resident.
A resident is "not ordinarily resident" in India in any tax year if he :
Has been "non-resident" in India in nine out of the 10 previous years preceding that year
Has been in India for a total period of 729 days or less during the previous seven years; preceding the current year.
We are a client-centric organization, offering the clients impeccable Financial Consultancy Services. The expertise of our dedicated personnel enable us to provide varied range of Financial Consultancy Services, helping the clients in completing formalities for personal/ other loans as per the government requirements. We leverage the presence of Financial Experts, who understand the clients’ requirements and provide them complete paperwork required by the finance companies/ banks/ institutions. We are amidst the reliable Service Providers of Financial Consultancy, located in Delhi.
We are a client-centric organization, offering the clients impeccable Financial Consultancy Services. The expertise of our dedicated personnel enable us to provide varied range of Financial Consultancy Services, helping the clients in completing formalities for personal/ other loans as per the government requirements. We leverage the presence of Financial Experts, who understand the clients’ requirements and provide them complete paperwork required by the finance companies/ banks/ institutions. We are amidst the reliable Service Providers of Financial Consultancy, located in Delhi.
We are pleased to offer the clients accurate Auditing Services. These Auditing Services are provided by the intelligent Auditing Employees, who have thorough knowledge of all accountancy, financial and legal aspects. We emphasize on building an internal control system to reduce the risk of omissions and errors. Furthermore, we can render specific management Auditing Services as required by the customers.In addition, we render Internal Audit Services of the clients’ business. These Auditing Services are conducted as per the requirements of the clients in order to provide them accurate information about their financial status. Our Auditing Services also enable the clients reach the required level of compliance as mandated by legislation.Our Auditing Services Include
Project management
Performing key controls testing
Assisting Corporate to document and evaluate internal controls
Providing assistance in developing Internal Control Framework
Providing assistance in developing Risk Management Framework
Training personnel on internal audit function, and methods of documenting controls
Our MethodologyBased on the risk assessment of the organizations, our internal Auditors, Management and Oversight Board determine where to focus Internal Auditing efforts. These Auditing Services are generally conducted on one or more discrete projects. Typically the internal audit project involves the following steps :
Establish and communicate the scope and objectives for the audit to appropriate management
Develop an understanding of the business area under review. This includes objectives measurements, and identifying key transaction types. This involves review of documents and interviews. Flowcharts and narratives may be created if necessary
Identify control procedures used to ensure that each key transaction type is properly controlled and monitored
Develop and execute a risk-based sampling and testing approach to determine whether the most important controls are operating as intended
Report problems identified and negotiate action plans with management to address the problems
Follow-up on reported findings at appropriate intervals. Internal audit departments maintain a follow-up database for this purpose
By analyzing and recommending business improvements in critical areas, auditors help the organization succeed. In addition to assessing business processes, specialists called Information Technology (IT) Auditors review information technology controls
We are pleased to offer the clients accurate Auditing Services. These Auditing Services are provided by the intelligent Auditing Employees, who have thorough knowledge of all accountancy, financial and legal aspects. We emphasize on building an internal control system to reduce the risk of omissions and errors. Furthermore, we can render specific management Auditing Services as required by the customers.In addition, we render Internal Audit Services of the clients’ business. These Auditing Services are conducted as per the requirements of the clients in order to provide them accurate information about their financial status. Our Auditing Services also enable the clients reach the required level of compliance as mandated by legislation.Our Auditing Services Include
Project management
Performing key controls testing
Assisting Corporate to document and evaluate internal controls
Providing assistance in developing Internal Control Framework
Providing assistance in developing Risk Management Framework
Training personnel on internal audit function, and methods of documenting controls
Our MethodologyBased on the risk assessment of the organizations, our internal Auditors, Management and Oversight Board determine where to focus Internal Auditing efforts. These Auditing Services are generally conducted on one or more discrete projects. Typically the internal audit project involves the following steps :
Establish and communicate the scope and objectives for the audit to appropriate management
Develop an understanding of the business area under review. This includes objectives measurements, and identifying key transaction types. This involves review of documents and interviews. Flowcharts and narratives may be created if necessary
Identify control procedures used to ensure that each key transaction type is properly controlled and monitored
Develop and execute a risk-based sampling and testing approach to determine whether the most important controls are operating as intended
Report problems identified and negotiate action plans with management to address the problems
Follow-up on reported findings at appropriate intervals. Internal audit departments maintain a follow-up database for this purpose
By analyzing and recommending business improvements in critical areas, auditors help the organization succeed. In addition to assessing business processes, specialists called Information Technology (IT) Auditors review information technology controls
Established in year 2009, Raju S Narayana & Associates is Service Provider of Chartered Accountants Services, Accounting Consultancy, auditing consultancy, Auditing Services, Taxation Services, financial consultancy from Delhi.