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Our Services

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WHO WE SERVE

Over these years of our initiation, we have established ourselves as a highly credible and reliable name among our clients, from individuals to big organizations, who always look upon us for their different needs. These clients are from private sector, public sector & joint under takings, MNCs and overseas bodies, associations and institutions and Banks &NBFCs.

  • Banks & Insurance
  • Logistic Industry
  • Education & Welfare Others including NGOs Consultancy Companies
  • Automobile & Ancillary Industry Information Technologies
  • Hospitality & Health Care Industry
  • Real Estate & Infrastructure
  • Merchandise and Exporting Industry
Management-Operational-Consultancy

Management & Operational Consultancy

Build a Better Tomorrow With Us

As it is rightly said, change is the only constant, and revisiting the organization structure at every stage of the business becomes crucial to ensure a competitive edge and proactive anticipation of the demands of the industry, marketplace and stakeholder expectations.

As a business owner, you’re always looking for ways to improve your operations and increase your profitability. One way to achieve this is by hiring a consultant to help you identify areas for improvement and develop strategies for growth.

At Malav C Sheth & Co., we have a team of highly knowledgeable consultants who have mastery in Operational & Management Consulting. They specialize in business strategy, organizational design, and operational improvement.

In Management Consultancy, we typically work with senior executives of the businesses to help them identify opportunities for growth, develop strategies to achieve their goals, and improve their overall performance. Consulting is more than giving advice. We actually need to step into the shoes of the top management. There is a hierarchy of steps we need to follow:

  • Understand the mission and vision statements of the company
  • Identify the problems hampering the business growth making it seem difficult to achieve such mission and vision of the company
  • Recommend best feasible solutions
  • Assisting them with implementing those solutions
  • Encourage wide acceptance of the solutions by the stakeholders of the business
  • Ensure permanent implementation of those solutions rather than on temporary basis
  • Constantly work towards client learning so that they can solve similar problems in future

Operational consulting, on the other hand, is a more specialized type of consulting that focuses specifically on improving business operations. Our consultants work with businesses to identify and eliminate inefficiencies, reduce costs, and improve quality. It is more focused on the day-to-day operations of a business, it’s financial statements and other minor problems occurring in lower level of management which may lead to huge consequences. We try our best to streamline the processes and operations for smooth running of the business.

Periodical visits of our business consultants will help you cope up with business dynamics and smoothen business operations to achieve the mission and vision statements of your organization.

Direct Tax

  • Tax Advisory

  • Tax Planning

  • Tax Management

Two decades in Direct Tax Practice have provided us niche in the industry. Our tax experts and consultants provide bespoke services to various organizations spanning different industries and verticals in line with direct tax laws.

At Malav C Sheth & Co., our team assists you in minimizing your tax burden through several tax planning mechanisms and help you comply with the direct tax laws of India. We constantly remain updated with all direct tax laws and regulations to solve queries of our clients and provide them satisfactory support as believe that client’s satisfaction is a stepping stone for success. We specialize in –

  • Preparing & Filing Income Tax Returns
  • Calculation of tax liability including assistance in depositing taxes with the government in the form of TDS, Advance tax, Self-Assessment tax, any other tax, cess or interest
  • Preparing & Filing TDS/ TCS Returns
  • Online Compliances under Income Tax laws
  • Registration Services
  • Refund Services
  • Certification Services as required by individuals & businesses to fulfill tax and legal requirements & Certificates for claiming relief and benefits under Income Tax laws
  • Preparation of financial reports and other interim reports to be represented before shareholders and various authorities
  • Handling appeal matters & litigations
  • Income Tax Advisory & Planning
  • Representing clients before Income Tax Authorities as well as assisting in tax assessment cases
  • PAN/ TAN Services & other support services as and when required
INDIRECT-TAX-

Indirect Tax

GST, known as the Goods and Services Tax is an indirect tax which has replaced many indirect taxes in India such as the excise duty, VAT, services tax, etc. The Goods and Service Tax Act was passed in the Parliament on 29th March 2017 and came into effect on 1st July 2017.

Goods and Services Tax Law in India is a comprehensive, multi-stage, destination-based tax that is levied on every value addition. Since GST is a newly enacted legislation it is at an evolutionary stage where it is utmost important to keep track of the dynamic changes as well as evaluate the impact of such changes. Our team supports you to understand its dynamics and regular updates.

Malav C Sheth & Co.’s uncompromising approach guides you through all difficult tax laws of GST & Customs that help your business entity to comply with all the due-dates on time. We carry years of experience in –

  • GST Registrations
  • GST Return Filings
  • GST Accounting & Liability Calculations including assistance in depositing taxes with the government
  • GST Reconciliations
  • E-way Bills
  • E-Invoices
  • GST Refunds
  • GST Advisory Services
  • Handling GST Litigations & Assessments cases
  • GST Due Diligence including review of accounting data in view of GST

 

We regularly conduct training of our employees for the understanding of GST provisions and better handling of GST compliance requirements so that we can provide customized solutions to business entities across all sectors. We have vast experience in providing services on retainership basis for all needs of an organization.

AUDIT-ASSURANCE

Audit & Assurance

At Malav C Sheth & Co., we deliver independent audit opinion that enables the stakeholders to have a true and fair view about the financial statements in tune with the expectations of the statute. We have proficiency in Tax Audit, Statutory Audit, Internal Audit & Transfer Pricing Audit.

Tax Audit & Statutory Audit

Tax Audit is governed by Income Tax Act, 1961 & Statutory Audit is governed by Companies Act, 2013 and Companies (Audit and Auditors) Rules, 2014.

Our objective here, is proper maintenance of books of accounts and its verification to help the business entity to know about its financial position. We find out if any discrepancies exist so that the same can be corrected and accurate financial statements can be maintained.

We also lend a hand to the entities to manage their cashflows which is a major concern for everyone today. The cash flow statement paints a picture as to how a company’s operations are running, where its money comes from, and how money is being spent. Also known as the statement of cash flows, the CFS helps its creditors determine how much cash is available (referred to as liquidity) for the company to fund its operating expenses and pay down its debts. The CFS is equally important to investors because it tells them whether a company is on solid financial ground. As such, they can use the statement to make better, more informed decisions about their investments.

Internal Audit

Our audit team is a group of experts who aims at evaluating the company’s internal control framework with a focus on improving the systems and controlling in an effective manner. With core competencies, we verify the effectiveness of controls on macro as well as micro level. Depending upon the company’s size, sector, geography or maturity, our Internal Audit services are flexible and scalable that help our client to achieve their desired future state while balancing cost-effectiveness, better risk coverage and increased value.

Transfer Pricing Audit

Transfer pricing law in India applies to both domestic and international transactions which fall above a threshold in terms of deal value. It ensures that the transaction between ‘related’ parties is at a price that would be comparable if the transaction was occurring between unrelated parties. A report from an accountant in a prescribed form, duly signed and verified by the accountant must be obtained before the specified date by any person entering into an international transaction or specified domestic transaction in the previous year.

Our tax experts provide tailored services to guide you through international transactions & assist you the best methods to be applied in computing arm’s length price based on your relation with associate enterprise, transaction undertaken, value of transaction etc. We also have alliance with expert minds specifically dealing in areas like incorporating an entity abroad, dealing in international transactions, comprehension of international tax laws and their compliance & all other NRI services.

INVESTMENT-PLANNING

Investment Advisory & Financial Advisory

We, as your financial advisor, go beyond just managing your money. We act as a trusted partner, guiding you through your financial journey and helping you achieve your financial goals. Here are some of the key features of our investment and financial advisory services:

  • We focus on you, not products.
  • We take the time to understand your individual needs, risk tolerance, and financial goals.
  • We create a personalised plan based on your unique situation, not a one-size-fits-all approach.
  • We act as fiduciaries, meaning we are legally obligated to put your best interests before their own.
  • Addressing all aspects of your finances. We can help with budgeting, debt management, retirement planning, estate planning, and more.
  • Connects you with other professionals. We may collaborate with risk advisors, accountants, or lawyers to ensure a holistic approach.
  • Provides ongoing education. We keep you informed about market trends, investment opportunities, and changes in your financial situation. We stay up-to-date on industry developments and incorporate them into your plan.
  • Uses clear and concise language. We avoid jargon and explain complex concepts in understandable terms.
  • Maintains open communication. We are readily available to answer your questions and address concerns.
  • Regularly review your progress. We meet with you to discuss your goals, adjust your plan as needed, and celebrate your achievements.
  • Tax planning: We can help you minimise your taxes by using tax-advantaged investment accounts and strategies.
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