A proprietorship is a type of business that is owned, managed, and controlled by one person – who is the proprietor. As the proprietorship and proprietor are one and the same, it is very easy to start and there are very minimal compliance requirements.
For in depth checking of day-to-day transactions, large business organizations require internalaudit. We have sufficient and capable staff strength to conduct these types of Internalaudits.
We have an in-house team which specifically caters to the following work related toForeign Exchange Management Act, 1999 as well as other compliances required bythe Reserve Bank of India (RBI) Compounding and Regularization of Offences or Non-compliances
Every assesse, whose turnover of a business exceeds Rs.2Crore or total receiptsfrom any profession exceeds Rs.50 Lakhs in any previous year, is required to gethis accounts audited and report as per section 44AB of the income tax act. Wehave a team of tax experts to conduct such type of audits.
A partnership is an arrangement between two or more people to oversee business operations and share its profits and liabilities. In a general partnership company, all members share both profits and liabilities. Professionals like doctors and lawyers often form a limited liability partnership.
