• Companies forming part of the BSE-30 index of the Bombay Stock Exchange.
• Companies forming part of the NSE 50 index of the National Stock Exchange of India.
• Indian Companies that are listed outside India.
• Companies, listed or unlisted, who have a net-worth of INR 1,000 rores (USD 220 million) or more as on April 1, 2011.

IFRS convergence

Providing assistance to client

• in analysis of impact on convergence to IFRS
• in compilation / quantification of impact on convergence to IFRS
• in deciding and designing solutions for implementation
• in staff training
• inin preparation of IFRS financial statements

Qualified IFRS Consultant

Our main partner, Mr. Apurv Relan has successfully completed the “Advance Certificate Course in IFRS” conducted by M/s KPMG, one of the Big 4 Accounting Firms in the world.

Functionalities of Transfer Pricing 

Transfer Pricing Documentation- The transfer Pricing regulations require that income from International Transactions between Associated Enterprises be computed after considering the arm’s length price. The term “Arm’s-length Price” refers to the price that would be charged for a similar International Transaction between unrelated third parties. The Transfer Pricing Documentation created by us covers the various mandatory requirements under the law and includes:

Broadly the service areas in Taxation are as under:

• Direct Taxation
• Income Tax
• Wealth Tax

• Indirect Taxation
• Custom Duties
• Central Excise
• Service Tax
• Transfer Pricing

We cover the entire gamut of Indian Taxation, International Taxation, Transfer Pricing Regulations, Service Tax Regulations, Value Added Tax Regulations, Central Excise Regulations, GST transition etc. We also provides specialized services in areas of setting up of business in India, corporate business structuring, transaction advisory etc.

Direct Taxation

We provide practical and pragmatic solutions for multi-national companies, Indian companies, expatriates, Non-Resident and Resident Indians. In this service we are immensely helped by a network of our expert associates and their knowledge of taxation practices and procedures followed worldwide and through regular interaction with the Indian tax authorities.

Direct Taxation Advisory

1. Evolving taxation strategy - Optimizing tax benefits through application of tax incentives, tax holidays and benefits, double tax treaty networks, use of intermediate companies, transfer pricing and other options, comprehensive worldwide tax planning etc.
2. Inbound and outbound investments - Advising on Tax and exchange control regulations planning for investments in India and for Indian business concerns setting operations and having investments abroad.
3. Structuring of employee remuneration – Advising clients on tax effective compensation structuring for their employees.
4. Direct Tax compliance and litigation support
   1. Preparation, review and filing of corporate and non-corporate returns and e-returns.
   2. Withholding Tax (TDS) compliance services
   3. Handling and representation in income tax Search, Seizure and Survey cases.
   4. Appearance before Income Tax authorities.
   5. Representation before judicial authorities in assessments and appeals
   6. Assistance in preparing submissions
   7. Assistance in availing exemption certificates and approvals
   8. Co-ordination with legal counsels
   9. Conducting tax compliance review
5. International Tax Advisory
   1. Advice and assistance in seeking advance rulings from the Authority for Advance Rulings in India on international tax issues.
   2. Withholding tax advisory
   3. Evaluation of tax treaties to examine taxability and availability of tax treaty relief
   4. Expatriate advisory services.
   5. Assistance in obtaining Tax Clearance Certificates
   6. Representation before judicial authorities in assessments and appeals.
   7. Assistance in filing tax returns

We at Apurv Relan & Co. have a dedicated team of Company Secretaries, Chartered Accountants and legal professionals, which possess extensive experience in various compliance under various Indian Laws. Our team has extensive experience across industry and service verticals and has competency for handling various compliance review matters.

We provide the Compliance review for matters arising out of the following Indian laws:

• Company and Corporate laws
• Foreign Exchange Management Act
• Income Tax
• Service Tax
• VAT/CST
• Other allied laws.
• Assisting in preparing Compliance Manual for various Indian laws as mentioned above

Our Due Diligence team performs financial, legal and tax due diligence and business analysis for organizations that are contemplating investments, strategic partnerships, mergers, and acquisitions or that are looking to enhance organizational effectiveness in an existing business unit or portfolio company.

Our comprehensive Due Diligence review covers:

• Conducting due diligence review for an organization for various focus areas primarily covering potential acquisition, mergers, granting loans to projects, venture capital investments, joint ventures and collaboration etc.
• To generate valuable due diligence reports and business analysis for our client that become an integral component of their decision-making and negotiation processes. We offer a confidential, sound, unbiased perspective and are the ideal complement to client’s internal resources.
• To focus on providing value-added services that enhances client business decisions.

Financial Due Diligence:

Our role in a Financial Due Diligence Review involves evaluating the proposed deal by analyzing the present and historical financial statements including important agreements reviewing the control environment and assessing the risk incidental to the business.

Tax Due Diligence:

When companies acquire a business, dispose of a non-core business or go into a merger, they need to manage the tax risk by means of a tax due diligence. We provide the client with corporate tax  and VAT due diligence while focusing on risks as well as opportunities.

Legal Due Diligence:

In an M&A process, any efficient management requires a comprehensive assessment of the possible legal risks related to the corporate status, assets, contracts, securities, intellectual property etc. of the target company concerned. The negotiation of the transaction, in most cases, requires the intervention of a legal expert.

We perform a full legal due diligence resulting in an assessment of the main risks and provide potential solutions that reduce the risk and provide assistance in drafting the letter of intent/confidentiality and exclusivity agreements/the share purchase agreement (SPA)/the representations and warranties, etc.

It is an effective means of evaluating the efficacy of operations, the reliability of financial reporting, compliance with the corporate and statutory regulations, safeguarding of assets and various matters concerning the interest of the company, employees, stakeholders and society in general.  Internal audit has a vital role to provide the management with a clear, comprehensive and unbiased analysis of the functional efficiency of the organization and also to suggest possible areas of improvements.
We, at Apurv Relan & Co, firmly believe in delivering Internal audit and risk management services at the highest levels of professional competency and integrity to the clients. Apurv Relan & Co, through its highly dedicated and trained professionals is actively engaged in rendering internal audit and risk management services to various corporates and across services sectors in the area of:

• Conducting Internal Audits of organizations and evaluating the internal controls, review of existing business processes, identification and recommendation of areas for cost reduction, constructive review of operations etc.
• Providing Enterprise Risk Management services with focus on policy and framework designing, risk identification, risk assessment and review of risk management framework etc.
• Providing services in the areas of Information Systems Audit which include evaluation of Information Systems and IT Controls considering Organization needs.
• Conducting Compliance audits, special purpose investigative audits etc.

For all organizations that need high quality accounting advice, we have the depth of knowledge and technical expertise to help. Our financial accounting and accounting technical advice, support tools, guidance, and training will help improve the quality of your company’s financial reporting, by providing expert advise on the following issues:

• Accounting and regulatory advice on Indian Accounting Standards (IAS) and IFRS, including areas such as process improvement, valuations, ESOPs, listing, IFRS conversions, company secretarial and corporate governance.
• Help you to keep up-to-date on developments in domestic and international financial reporting.
• Technical update guidance on corporate governance and financial reporting.
• In-house training and e-learning courses tailored for individual companies.

Our work takes into account all current and where appropriate, prospective auditing, accounting and reporting regulations and guidance. Our audit clients include many of the country’s leading businesses as well as any small and medium size companies.

Our audit functions covers the following basic services:

• Compliance with regulations
• Advice on controls and processing system weaknesses
• Confirmation of accounting treatments with respect to complex transactions
• Increased monitoring of prospective accounting and regulatory changes
• Independent review of externally reported information
• Accountants’ reports