H J Mehta & Associates Chatered Accountants

• Accounting System Design & Implementation
• Financial Accounting
• Budgeting
• Financial Reporting
• MIS Reports
• Financial Analysis
• Asset Accounting Management
• Depreciation and Amortization Schedules.

Corporate governance refers to a combination of laws, regulations, procedures, implicit rules and voluntary practices which help companies to perform efficiently and maximize long term value for shareholders and at the same time looking after the interests of other stakeholders like buyers, government, society at large etc. Lenders whether national or international, also look for them for taking exposure in any corporate. It is a function of transparency and fairness in operations and making proper disclosures.

Company as a business organization has become popular over the years. With the growth in size of these corporates, governance has become all the more important. SEBI and listing agreements of various stock exchanges require that the requirements of corporate governance are duly complied with.

Our services include

• Periodic monitoring through internal audit
• Independent audit
• Independent verification
• Effective Supervision
• Accountability
• Sufficient number of Independent directors on the Board.
• Formation of an independent audit committee for the board
• Adequate disclosure and transparency in reports
• Participation in board meetings.

• Incorporation of company
• Consultancy on Company Law matters.
• Planning for Mergers, Acquisitions, De-mergers, and Corporate re-organizations.
• Filing of annual returns and various forms, documents.
• Clause 49 review for compliance with fiscal, corporate and tax laws
• Secretarial Matters including share transfers
• Maintenance of Statutory records
• Consultancy on Public/Rights/Bonus Issue of shares.
• Change of Name, Objects, Registered Office, etc. and obtaining DIN of Local/ Foreign Directors.

Broadly, Audit involves the following :

• Indepth study of existing systems, procedures and controls for proper understanding.  Suggestions for improvement and strengthening.
• Ensuring compliance with policies, procedures and statutes.
• Comprehensive review to ensure that the accounts are prepared in accordance with Generally Accepted Accounting Policies and applicable Accounting Standards/IFRS.
• Checking the genuineness of the expenses booked in accounts.
• Reporting inefficiencies at any operational level.
• Detection and prevention of leakages of income and suggesting corrective measures to prevent recurrence. 
• Certification of the books of account being in agreement with the Balance Sheet and Profit and Loss Account.
• Issue of  Audit Reports under various laws.

• Preparations of Project Reports.

• Preparation of CMA data for bank loans.

• Private placement of shares, Inter-Corporate Deposit, Terms loans, working capital limits, etc

• External Credit Borrowings (ECBs).

• Regular Followup and Preparation of Reports Like QIS, FFR etc. with Banks.

• Consultancy about Financial Planning.

• Allotment of Permanent Account number (PAN)
• Tax and Financial planning.
• Obtaining Advance Rulings on debatable issues.
• Consultancy/ advice on FEMA/RBI matters.
• Filing Income Tax/ Wealth Tax Returns
• Advice on making investments
• Issuing certificate for repatriation of income / assets from India.
• Making application to RBI for various matters including sale and purchase of residential and commercial properties.

• Preparation of  Monthly Salary Sheet.
• Deductions  as per applicable laws like Income Tax, Provident Fund,  Professional Tax etc.
• Computation and  deposit of TDS, ESI, PF etc.
• Disbursement/ Online Payment of Salary.
• Pay slip by password protected e-mail.
• Reimbursement of  telephone, medical bills etc.
• Issue of Form 16 to employees.
• Periodic Reconciliation of payments/statutory deductions etc. with books of accounts.
• Administration of gratuity, superannuation, pension schemes etc.