9773687490 ; 9833434985
consult.shas@gmail.com


	Home Team Partners Associates Services Audit & Assurance Services Tax Advisory & Compliance Services Corporate Law & Legal Advisory Business Support Services Financial Services Wealth Advisory Knowledge Bank Calculators GST Calculator Tax Calculator TDS Calculator Calculate Net Profit Calculate Net Worth Effective Capital HRA NSC EMI Auto Loan Calculator Home Loan Calculator Get No. Of Installment RERA Calculator Developers Calculator Home Buyer Delay Interest Home Buyer Refund Bulletins RBI SEBI Notification Circular Income Tax Service Tax Central Sales Tax Excise Matters Customs Company Law Labour Laws FEMA The LLP Act 2008 Accounting Standard (INDAS) Others GST VAT Delhi VAT Maharastra VAT Gujarat VAT Telangana VAT Tamil Nadu VAT IGST UTGST Compensation Cess IBC Regulation Utilities Rates of TDS TDS Rates for N.R.I us 195 Rates of Income Tax Depreciation Rates Companies Act Depreciation Rates Income Tax Act ROC Filing Fees (Cos Act, 2013) ROC Fee Structure (Cos Act, 2013) Cost Inflation Index IFSC Codes MICR Codes Rates of NSC Interest Gold and Silver Rates Rates of Stamp Duty LLP Fees National Industries Classification HSN Rate List Deduction u/s 80TTA Vs 80TTB Links Quick Links Important Links GST/VAT Links Ease Of Doing Business Acts Direct Tax Income Tax Act Wealth Tax Act Income Declaration Scheme 2016 Indirect Tax Service Tax(Finance Act, 1994) Central Sales Tax Act, 1956 The Central Excise Act, 1944 Customs Act, 1962 Entry Tax Act Corporate Laws Companies Act, 2013 Companies Act, 1956 LLP ACT SEBI Act, 1992 VAT Laws Delhi Value Added Tax Act, 2004 MVAT Act, 2002 West Bengal VAT Act, 2003 Tamilnadu VAT ACT, 2006 Karnataka Value Added Tax Act, 2003 Gujarat Value Added Tax Act, 2003 UP VAT Act, 2008 Rajasthan Value Added Tax Act, 2003 Punjab Value Added Tax Act Haryana Value Added Tax Act Telangana VAT Act 2005 Andhra Pradesh VAT Act, 2005 Bihar Value Added Tax Act, 2005 Other Statutes ESI Act, 1948 PF Act, 1952 Profession Tax Act The Indian Partnership Act, 1932 Societies Registration Act, 1860 Competition Act, 2002 Reserve Bank of India Act, 1934 MRTP Act, 1969 Equalisation Levy Act, 2016 Right To Information Act, 2005 FEMA, 1999 Maharashtra RERA RERA, 2016 Insolvency & Bankruptcy Code, 2016 Benami Property Act 1988 GST Laws IGST Act , 2017 CGST Tax Act, 2017 UTGST Act, 2017 GST (Compensation to States) Act Rules Direct Tax Rules Income Tax Rules Wealth Tax Rules 1957 Income Declaration Scheme Rules 2016 Indirect Tax Rules GST Valuation Rules , 2016 Service Tax Rules CST (Delhi) Rules, 2005 CST (Maharashtra) Rules Customs Valuation Rules Cenvat Credit Rules, 2017 Entry Tax Rules Corporate Laws Rules Companies Rules, 2014 LLP Rules, 2009 LLP Winding up Rules, 2012 Cos Unpaid Dividend Rules, 1978 VAT Laws Rules Delhi VAT Rules, 2005 Maharashtra VAT Rules, 2005 West Bengal VAT Rules, 2005 Tamilnadu VAT Rules, 2007 Karnataka VAT Rules, 2005 Gujarat VAT Rules, 2006 Uttar Pradesh VAT Rules, 2008 Rajasthan VAT Rules, 2006 Punjab VAT Rules Haryana VAT Rules, 2003 Telangana VAT Rules 2005 Andhra Pradesh VAT Rules, 2005 Bihar Value Added Tax Rules, 2005 Other Statutes Profession Tax Rules NBFC Deposits Directions, 1998 NBFC & Misc NBC (Advt) Rules, 1977 NBFC Auditor Report Directions, 2008 Delhi Labour Welfare Fund Rules, 1997 Cost records and audit Rules, 2014 Baggage Rules, 2016 Equalisation Levy Rules, 2016 NCLT And NCLAT Rules Insolvency & Bankruptcy Rules Benami Property Rules, 2016 GST Rules CGST Rules, 2017 IGST Rules 2017 Forms Income Tax Forms ROC Forms (Cos Act, 2013) ROC Forms (Cos Act, 1956) Income Declaration Forms Wealth Tax Forms Service Tax Forms Companies Unpaid Dividend Forms NBFCs Forms LLP Winding up FEMA Forms LLP Forms CGST Forms GST Forms Accounts and Records Advance Ruling Appeals and Revision Assessment and Audit Composition Demands and Recovery Input Tax Credit Inspection, Search and Seizure Offences and Penalties Payment of Tax Refund Registration Returns Transitional Provisions Value of Supply Query Careers Admin Login Email Login Time Sheet Contact Us

Audit & Assurance Services

Statutory Audit

The Statutory Audit has never been more important. In today's business environment there is more scrutiny and scepticism of a company's financial statements than ever before. At S H A S & Co, we have robust audit tools, resources and procedures to provide the means for our professionals to deliver high-quality audit services. In delivering these services we adhere to the auditing standards such as the Indian Standards on Auditing and ethical guidelines and those issued by Indian regulators and ICAI to maintain a level of quality and trust of all stakeholders in the auditing exercise. For organisations that require an audit for statutory or regulatory reasons associated with the filing of their annual and periodic financial information, we can provide high quality audit services.

Internal Audit

Internal Audit framework integrates compliance, internal controls and risk management. Keeping in mind the Risk Management framework, our internal audits adopt ‘Risk Based Audit’ (RBA) approach and other tools and techniques for accomplishing the audit objectives. As such, it can help you anticipating issues, increasing your effectiveness, eliminating duplication and identifying areas of potential performance improvement. Internal audit is also an effective tool for evaluating:

Efficacy of operations
Reliability of financial reporting
Compliance with various regulations
Safeguarding of assets and various matters concerning the interest of the company, employees, stakeholders and society in general

Tax Audit

A Tax Audit involves an expression of the Auditors’ opinion on the truth and correctness of certain factual details, given by assessee to the Income Tax Authorities to enable an assessment of tax. Our endeavour is to mitigate the burden of tax and to review that disallowances and deductions if any, under the various provisions of Income Tax Act, 1961 are properly and correctly calculated, so that the income assessable can be computed correctly. Our role includes following:

Checking the correctness of the Claimable deductions as allowed in the Income Tax Act, 1961
Effective reviews to see that the accounts are prepared in accordance with the tax efficient policies
Checking the various tax compliance norms as set out by the Income Tax Act, 1961
Certification of the books of account being in agreement with the Balance Sheet and Profit and Loss Account as per the requirements of the Income Tax Act, 1961.
Issuing the Report of Tax Audit as required by the Income Tax Rules in the prescribed format.

Goods & Service Tax Audit

Goods and Service Tax (GST) is structured for efficient tax collection, eliminate cascading of taxes, easy inter-state movement of goods and a lot more. Audit under GST is the examination of records maintained by a registered dealer. The aim is to verify the correctness of information declared, taxes paid and to assess the compliance with GST. Every registered person having a turnover of more than Rs. 5 Crores is liable for GST audit conducted by Chartered Accountant or Cost Accountant. It involves:

Vouching and verification of invoices and supporting documents
Reconciliation of income as per Profit/ Loss account and income reflected in GST returns
Filing annual return along with audit report.

Bank Audit

Under the modernised era of Banking Sector, it is essential that services of a bank are regular, complete and compliant with applicable Laws & Regulations so as to eliminate a possible repercussion resulting into penal provision or heavy losses. Chartered Accountants serve as representatives who can assure & certify about internal practices & controls of any banking company are as such designed to be well within regulatory provisions & compliant in nature. Such giant scope of certification is divided into several branches. We at S H A S, through our associates, have more than 30 years’ experience in Bank Audit segment for several Co-operative as well as Nationalised banks. We provide following services under such domain:

Statutory Bank Branch Audit
Concurrent Audit
Quarterly Internal Audit
Risk Based Internal Audit
Stock Audit
Revenue Audit

Information Technology Audit

Business processes are increasingly getting automated and the growing dependence of most organisations on Information Systems and the related risks, benefits and opportunities, have made Information Systems Audit an increasingly critical tool for overall governance. An Information Systems Audit evaluates the Information Systems from different perspectives such as security, quality, efficiency, reliability etc. and reports on the risks and its impact on the organisation and also suggest measures to eliminate or minimize the risks. We provide professional services in the areas of Information Systems Audit which include evaluation of Information Systems and IT Controls considering Organisation standards and International Information Systems frameworks. Systems and IT Controls considering Organisation standards and International Information Systems frameworks. Our IT Assurance & Advisory services consist of following:

Information Systems Audit
Defining internal controls in IT environment
Information security and privacy
Operational effectiveness and efficiency
Information processing and data integrity
System development standards
Application Review and Pre/Post – Implementation Review
Data Migration Audit

Due Diligence

Due Diligence is commonly used as a pre-investment or pre-lending intelligence tool by Investors, bankers and acquirers, in order to obtain an independent and sophisticated report concerning the investee’s credentials. Promoters seeking investments or in negotiations with investors or join partners, too, mandate a mock Due Diligence to prepare themselves for the actual process initiated by the investor. The effectiveness of an independent reliable due diligence report is a decisive factor for investors looking to go ahead with a proposed investment. We support transactions with

Tax Due Diligence
Financial Due Diligence
Legal & Compliance Due Diligence.
Feasibility & Viability Studies.

Our Services

74454 Times Visited