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Direct Tax

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Auditing Service

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We are a firm of Chartered Accountants formed in the year 2013.
Having branches at Hyderabad and Bangalore we are looking forward to expand our base in few other Metros.
We have associates across the country which include Mumbai, Kolkata, Nagpur, Delhi and Pune.
We are a team of young and Highly Qualified Professionals having broad based talent across varied profiles from industry working towards providing quality services in the areas of auditing, taxation, accounting and financial planning.Our work is based on time frames set for each project and we work towards its achievement by constant liaison with clients.
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Nature of Business

Service Provider

Total Number of Employees

11 to 25 People

Legal Status of Firm

Partnership Firm

Corporate Secretarial Practice
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Corporate Secretarial Practice
India is one of the fastest growing economies of the world. In line with the globalization and liberalization trends it has been facilitating the growth of enterprise and entrepreneurship by instituting several reforms and adapting a pro-enterprise approach. It has readily embraced new and evolving corporate vehicles, such as Limited Liability Partnership, while retaining certain vehicles that are inherent to its heritage. Indian legal framework allows for several types of business entities like Proprietorship, Partnership firm, Limited Liability Partnership, Private Limited Company, Public Limited Company, Co-operatives, Joint Hindu Family Business, Wholly owned Subsidiary Company, Joint Venture Company. We at IPRS provide services related to formation of all the types of business vehicles and help your business with compliance related to all laws governing that particular type of entity.
Our Services include:
  • Incorporation of Private / Public company, Partnership Firm, Limited Liability Partnership
  • Conversion of partnership firm / existing Private limited / closely held limited company into LLP
  • Amalgamation, merger and reconstruction of companies
  • Change of name, shifting of registered office, change in objects, increase in capital, and other related matters
  • Obtaining DIN and Digital Signature of Directors
  • Filing of all statutory documents with Registrar of Companies
  • Preparation of Statutory reports and conducting Statutory meetings
  • Preparation of Directors Report and preparation of Notice and minutes of the meeting
  • Preparation of Statutory records and registers to be maintained

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Financial Consulting Service
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We provide consulting on services which includes Financial Services, Payroll Services, Creditor Payment, Debt Collection, Treasury functions. We provide a complete business outsourcing services and accountancy outsourcing services to the corporates, SMEs and banks.
  • Consultancy in TDS matters
  • Financial Projections
  • Forecasting and Analysis for your existing business or for new start ups to help you with your Project reports
  • Funding applications and loan applications from various funding Agencies
  • Assessment of working capital requirements
  • Ratio Analysis
  • Computation of IRR and Payback period
  • Comparative analysis of Balance Sheet
  • Comparative statement of Sources and Uses of Fund
  • Comparative Cost & Profitability Statement
  • Payroll services
  • Following up with Creditor payment
  • Following up with Debtors
  • Maintenance of Treasury functions

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Direct Tax
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Direct Tax

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Income Tax:
Albert Einstein once said 'The hardest thing in the world to understand is income tax'.  At IPRS we uncomplicate the hardness of Income tax. The government of Indiaimposes an income tax on taxable income of all persons including individuals, Hindu Undivided Families (HUFs), companies, firms, association of persons, body of individuals, local authority and any other artificial judicial person. Indian taxation environment is ever-changing, which can be challenging for any business. Our Main focus is to identify opportunities for our clients that can help them to manage their affairs in the most tax efficient manner. Our team of tax consultants and financial advisors also allows us to offer Income tax consultancy services that are aimed at offering business solutions to Manufacturers, Traders, Dealers as well as Service providers of industry.

Our Services Include:
  • Filing of  Tax returns
  • Tax planning
  • Review and assistance in Advance tax computation
  • Tax Audit as per the provisions of the Indian Income tax Laws
  • Permanent Account Number (PAN) and TAN number
  • Rectification & revision of income tax orders.
  • Representation before Tax Authority for tax assessments, refunds or other matters
  • Quarterly return for TDS/TCS in electronic form
  • TDS/ TCS Certificate
  • Registration of trust for charitable purposes
  • Seeking and Obtaining Advance Ruling
  • Specific advice on taxation
  • Double Taxation Avoidance Agreement.
  • Other Compliance as per Income Tax Act.
  • Compilation of Various details for Tax Assessment purposes such as Scrutiny
  • Transfer pricing

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Auditing Service
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Auditing Service

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We have a young and energetic team of qualified personnel for offering customers Accounting/Auditing Consultancy Services. The audit related services are based on complete understanding of clients business environment, internal and external. 
Our auditing services include:
Statutory Auditing: To ensure that the financial statements such as the Balance Sheet, Profit & Loss Account and Cash Flow Statement gives true & fair view and are free from any material misstatements a statutory audit need to be conducted. We ensure that the accounts prepared are in accordance with the Generally Accepted Accounting Principles (GAAP). 

Internal Audits - Internal audit aims at the promotion of efficiency, economy and effectiveness of the management processes, and also the reliability and accuracy of operations. We provide services of internal audit for any company of any industry. 

Tax Audits - A tax audit is conducted to examine whether tax affairs according to Income Tax Act. Our tax advisory team is knowledgeable  with the tax laws of India and other countries.

Internal Control Review - We perform a review of the company's existing processes and advice on the areas of improvement. 

Due-diligence & Investigation - We comprise of a Investigation department which is highly energetic. They evaluate the management team's characteristics, investment philosophy, and terms and conditions prior to committing capital to the fund.

Bank Audit - We provide expert service in Bank audits. We serve banks in conducting annual audits, concurrent audits,stock audits and audits of their branches.

Concurrent Audit - Concurrent Audit help in monitoring compliance in respect of all the internal control guidelines. In addition to it, reconciliation of accounts is done regularly.

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