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Forensic Audit in India with REGISTRATION MITRA

Fees - Case to Case Basis.

Inclusions

  • Free advisory by experts
  • Approval from RBI

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    Forensic Audit In India

    Forensic Auditing refers to the specific procedures carried out in order to produce evidence during an investigation. Audit techniques are used to identify and to gather evidence to prove, for example, how long the fraud has been carried out, and how it was conducted and concealed by the perpetrators. Evidence may also be gathered to support other issues which would be relevant in the event of a court case.

    Forensic audits cover a large spectrum of investigative activities. There may be a forensic audit to prosecute a party for fraud, embezzlement or other financial crimes. The auditor may be called in during the process of a forensic audit to serve as an expert witness during trial proceedings. Forensic audits could also include situations that do not involve financial fraud, such as bankruptcy filing disputes, closures of businesses, and divorces.

    Advantages of Forensic Audit in India

    • Uncovering of corruption
    • Uncovering of asset misappropriation
    • Uncovering of financial statement frauds
    • Fraud identification and prevention
    • Sound Investment decisions

    Certification Work

    One of the most rigorous & significant service of professional is issuance of certificates to its client required for various purposes under different relevant rules & regulation. We undertake consultancy and certification services required for making foreign remittances according to the provisions of section 195 of the Income tax Act, 1961 or as per Double Taxation Avoidance agreements (DTAA). We also provide the services obtaining Lower TDS Certificate from the Income Tax Department.

    The services of this category broadly include:

    • Issuance of Chartered Accountant certificates u/s 195 of the Income Tax Act, 1961 required for the Overseas Remittances purposes from time to time;
    • Certification of arm’s length price u/ 92 of the income Tax Act, 1961;
    • Certification of various forms related to reconciliation under GST audit, declaration in refund application, declaration for availing input tax credit when such declared amount exceeds the prescribed amount under law;
    • GST Certification on Input Tax Credit availment, Refund application, etc.;
    • Net worth Certificates needed for the purpose of Bank finances, furnishing of Bank guarantee and issuance of Visa by Embassy;
    • Utilization certificates of various grants being discharge by Govt. of India to NGO’s, Statutory Bodies, Autonomous Bodies, and charitable organizations;
    • Certificates for claiming various deductions & exemption under various rules & regulation.