About US

M A R G H and Associates

"When you have a dream, you've got to grab it and never let go..."

"There is nothing impossible to they who will try..."

M A R G H and Associates was established in the year 2011. It is a leading chartered accountancy firm rendering comprehensive professional services which include audit, management consultancy, tax consultancy, accounting services, manpower management, secretarial services etc.

M A R G H and Associates is a professional services firm focused on providing high quality services to its clients in tax, consulting and regulatory spheres by blending technical and practical business advice in providing value addition to the client.

The Firm is committed to create an amicable environment of trust and integrity with its professional expertise in these areas gained over the years. Firm brings in a combination of experienced, young and talented professionals to provide highly reliable services to clients.

The guiding philosophy of the firm is to render specialized and tailor-made services to help the client to achieve their objectives with maximum efficiency and optimum cost. It aims at long term personalized service shaping dependable and loyal client relationships to add to its existing client profile which includes domestic and foreign clients, both corporate as well as non-corporate

To meet the challenges of today's complex business environment, the Firm’s endeavour is to place client’s needs in front all the times, providing innovative strategic corporate solutions. We believe in hiring the best professionals, investing continuously in their personal and professional development and adhering to best practices followed in industry.

We believe that a client value most the sound technical advice, delivered in the context of their business or commercial situation they are in. The advice that we suggest are not only technically sound, but which is also very practical, effective and implementable. This requires going beyond the specific tax or regulatory issue to understanding the underlying business transaction and the business imperatives in the context of tax and regulatory framework to formulate a viable solution.

Services

DIRECT AND INDIRECT TAX SERVICES


We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. Tax services offered include but are not limited to:

~  Tax planning & return preparation-Individuals - Corporations - Partnerships - LLCs/LLPs - Estates, trusts & gift - Not-for-profit organizations

~  Taxing authority representation

~  Tax effects of buying/selling a business/business asset resulting in capital gains

~  Tax advisory and planning consultancy for capital gains

~  Withholding tax advisory and return filing.

GST ADVISORY & COMPLIANCES SERVICES


India is a country of complicated compliance requirements. Every transaction needs to be seen from the eyes of withholding taxes, income tax, GST, Reverse Charge GST, Eligibility of GST credits etc. We assist clients in providing the following advisory services on GST:


~  Advising on GST on matters relating outward supplies, input tax credit availability, valuation mechanism, time and place of supply, changes in tax rates etc. and its impact on the business operations.

~  Opinions on tax issues

~  Assistance in obtaining registrations under GST and Preparation / Review of GST Returns including timely and hassle-free refunds.

~  Undertaking comprehensive Review of business operations to identify Opportunities and Compliance Gaps, if any.

~  Preparation of annual reconciliation statements, i.e. returns with audited financial statements.

~  Drafting appeals, submissions and replies to notices.

~  Representing before adjudication and appellate authorities up to the tribunal

PAYROLL


If Finance is said to be the lifeline of the organization, it is only wise to refer to the personnel as the very breath. Personnel management is an art and a science.

Our dedicated team of experienced professionals assist in drafting HR policies in line with best practices in the Industry and also in ensures statutory compliances.

We also support the management in the entire process of monthly salary disbursement-right from capturing the attendance, issuing of monthly salary slips, tax calculation and other statutory requirements, up to the point of bank transfer.

Assisting the company on timely and effective compliance with all the applicable payroll related statutes. The Activity broadly includes the following services-


~  Preparation of Monthly Salary Sheet.

~  Deductions as per applicable laws like Income Tax, Provident Fund, and 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.

STATUTORY AUDIT


Every Indian entity is bound by the Indian legal laws and accountability for their transactions done in India. The Indian legal system under various statues has prescribed mandatory audit of the accounts of the entities operating in India.

With a wide knowledge base on various industries, our firm has been one of the pioneer service providers on the Audit and Assurance services arena. Our firm has a wide clientele base which includes initial start-up companies to MNC's in the Indian broses.

Following are the few statutory Audit and Assurance functions handled by our firm:

~  Corporate Audits

~  Bank - Statutory, Internal, Concurrent & Stock Audits

~  Tax Audits u/s 44 AB of the Income Tax

~  Audits of Trusts, Associations & Sec.8 Companies

~  GST Audits

~  Government Audits

TRANSFER PRICING


Indian tax laws require an annual assessment of whether companies with overseas group entities meet the "arm's length" requirement in their transactions (sales, purchases, services being provided, loans, management fee, royalty payments). Regulations require both a detailed (TP) study by the company and a TP audit report by an external auditor.

~  Annual transfer pricing studies, estimating the potential mark-up on goods and/or services that an Indian company may receive/pay from/to its overseas group entities

~  Transfer pricing audit report in the Form 3CEB as prescribed by the Income Tax authorities

~  Liaising with tax authorities in relation to assessment, scrutiny or dispute

~  Tax planning and optimisation for domestic and overseas companies while also factoring transfer pricing requirements, international tax, double tax avoidance, foreign exchange and other direct/indirect tax requirements for Indian companies

~  Review of existing policy/documentation with a view to updating and strengthening policies

VIRTUAL CFO SERVICES


~  Quality finance professionals and a robust accounting system are critical requirements of any business. Stakeholders such as Investors, Bankers, and people charged with governance and decision makers require the timely availability of financial data to take informed decisions and assess the progress of their business ventures.

~  High quality accounting and finance talent continues to be more expensive than ever and has always been the privilege of large companies. While start-ups and SME entrepreneurs need access to the same level of talent, even though not full-time, they can't afford the cost. Our VCFO service is designed to deliver the same high-quality service at an affordable cost.

Compliance Calendar

  • TDS Return for Form 26Q for Jul-Sep 2022

    November 2022
  • GST Annual Return Filing

    December 2022
  •  MGT 7/7A Filing for Companies & OPC

    November 2022

Contact Us

Contact Details

M A R G H and Associates, Old No.108, New No. 23/3, 2nd Street, 10th Main Road, AJ Block, Annanagar, Chennai - 600040, Tamilnadu, India
8778032908, 9941356590
ravikanth0505@gmail.com