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Accounting Services

We, at KIP, provide proactive accountancy services to meet client’s needs. Our team of professionally qualified accountants has vast experience & knowledge to their credit. Our whole team strictly follows Accounting principles and GAAP. Our services are structured to allow you to choose a full back office services. KIP offers its clients the following accounting services:

  • Bookkeeping- Recording the Financial transactions like- Sales, Purchase, Income, Receipts and Payments. We write your “daybooks” and save you from your bookkeeping “nightmares”
  • Preparations of Statutory Year End Financial Statements- We make a comprehensive report of your company’s activities and financial performance throughout the year. These include: Balance sheet, Cash flow statement, Profit and loss account, Auditor’s report etc
  • Interim Financial Reporting- We prepare your Interim financial reports that help you to know your financial position
  • Reconciliation Work- We compare your records to ensure the reliability of the financial records. It improves the accuracy of the financial reporting function.

Tax and Regulatory Services

Right Tax advice helps the business and corporate in taking sound business decisions at right time. Innovative Tax Strategy and proper planning can help the corporate entities and Individuals to optimize their tax efficiencies. KIP assists organizations and individuals with tax strategy, planning and compliances. We also prepare, file and review all tax returns, forms and documents. We provide both Direct and Indirect Tax services. We also represent and liaison with the tax regulatory authorities. We also represent the clients before appellant authorities. We at KIP provide tailored and effective Tax-Cost Management Solutions.

  • Income Tax
    • Filing ITR (Company/ Non Company Assesses)
    • Availing refund
    • PAN Application
    • TAN Application
    • Handling Income Tax Scrutiny Cases
    • Notice Reply

 

  • TDS (Tax Deduction at Source)
    • Filing TDS Return
    • Notice Reply
  • Other Tax Consultation Services
    • Tax planning
    • Personal Capital Account and Balance sheet for Income tax purpose

 

Registrations under Various Acts

A company is a business organization. It refers to an association of real persons and/ or other companies for the purpose of doing business and has a distinct name and limited liability.

Under the Indian Law, companies are incorporated and registered under the Companies Act, 1956, which is the principal, statute governing the company registered in India. There are two kinds of companies that can be incorporated in India i.e. Private company and Public company.

A company, whether private or public, is incorporated by registering the same with the Registrar of Companies (ROC) having jurisdiction. ROC issues a certificate called the ‘Certificate of Incorporation’ containing the date and the registration/incorporation number of the company registered. Such a certificate is a conclusive evidence of the company having been validly formed and registered in India.

We help you in various registration like:

  • Society Registration
  • SSI (Small Scale Industries) Registration
  • Import Export Code Registration
  • Shop Act Registration
  • Firm Registration
  • Trade Mark Search and Registration
  • EPF Registration
  • ISO Certification

 

Starting a New Business

If you intend to set up a new business, you have to follow some standard procedures. We will help you to provide A to Z services associated with it. You need not to run from one consultant to another and so on for different jobs as we provide a “TOTAL SOLUTIONS” under one roof. Our services include: –

  • Help you to choose best Business Model- Company/ Partnership Firm/ Proprietorship Firm/ LLP
  • Availing Loan at Lowest possible Interest Rate and liaison with Bank on your behalf
  • Project Report Preparation
  • Accounting Services
  • Taxation Services
  • Ongoing Regulatory Services

Private Company Registration

A Company needs to get itself registered before starting its functions. Registering a Company is a very long and tiring process, but at KIP you can relax and we will do everything for you.

  • Name searching and approval
  • Drafting of Memorandum and Article of Association
  • Drafting of Resolutions
  • Preparation and filing of Incorporation forms
  • Notarization, apostil ling and legalization of corporate documents
  • Liaison with Registrar of Company
  • Holding of first Board meeting

Other Compliance Services:

  • DIN Application
  • Change in DIN
  • Digital Signature Application
  • Change in Company Name
  • Return of Allotment
  • Change in Registered Office
  • Change in Directors
  • Change in Authorized Capital
  • Statutory Report
  • Creation of Charge
  • Registration of Special Resolution
  • Auditor Information
  • ROC Annual Filing
  • Minute Book Writing

LLP Formation

The Limited Liability Partnership (LLP) is governed by Limited Liability Partnership (LLP) Act, 2008 and Limited Liability Partnership Rules, 2009. Every LLP is bound by the law and to start working needs to be registered. A company can intimate changes among designated partners’ or partners’ or change in any particulars of designated partners’ or partners’ of a LLP by filing Form 4 with Registrar. LLP can change the LLP Agreement by filing Form 3 However, in case change in LLP agreement is due to change in partners/ designated partner, Form 4 has to be filed along with Form 3. We help you in all these regards.

  • Digital Signature Certificate (DSC) of Partners
  • Designated Partners Identification Number (DPIN) of Partners
  • Drafting up Agreements
  • Change in Partners
  • LLP Return
  • Annual Account Statement
  • Any allied change services
  • Name approval
  • Preparation and filing of Incorporation documents

Audit and Assurance Services

KIP has a system in place to customize the Audit Plans considering all the Business Areas that are critical, material and significant to the Financial Statements, Controls and Risk.

We at KIP assist our Clients to effectively manage Business Risk by providing tailored services in the fields of Internal Audit, Corporate Governance and Risk Management.

Our team applies Global Audit Methodology, Tools, Documentation, Approach, and Knowledge & Technology. Our team is committed to the highest professional ethics, standards and integrity. Quality Control is our Commitment towards Professionalism and Excellence.

  • Internal Audit, Risk Management and Corporate Governance
  • Management Audit
  • Review of Accounts
  • Special Audit
  • Due diligence
  • Restatement as per IAS

Legal And Regulatory Compliance Services

India is a hub of hundreds of rules and regulations. These are very complex and stringent. Their compliance failures represents not only a big financial risk – financial penalties and increase in tax charge, but also a serious business risk, as it can damage and tarnish the reputation with the authorities and the public. Not only this, it also increases the risk of other punishments, i.e. imprisonments, etc.

KIP helps clients in managing their compliances & planning. We have strong team of compliance experts that provide a high level of quality, consistency, coordination and cooperation. We at KIP strongly believe that “Knowledge is Power”. And therefore we want to serve you with our Experience and skills.

We help the clients in not only timely compliances but also help in maintaining all the statutory records and documents. We at KIP have very stringent procedures and effective tools to monitor the compliances and cure the deficiencies and lapses. We also assist the clients in introducing controls and processes with regard to compliances and documentation. We at KIP have effective mechanism by which we resolve and address the queries and concerns of the clients through online facilities. We at KIP also conduct monthly compliance audit/review of the clients and report the non-compliances and as to whether records and documents as required under the law have been maintained.

  • Review of various returns and Forms filed with various regulatory agencies
  • Review of Documentations
  • Assisting in meeting filing deadline to avoid penalties on late submissions
  • Advice on improvement in Compliance processes
  • Assisting in preparation of various returns and forms
  • Ensuring proper, timely and correct & proper statutory deductions and their deposits with relevant regulatory agencies on due date

Loan Documentation

Business Loan

If you are looking for a loan then you need to impress the lenders through your financial position which can be depicted in a more effective manner through various documents. Those, documents are as follows:

  • Project Report

A project report gives us an overview of the business. It gives an introduction of project justifying how it can be a profitable venture. How the funds will get utilized and what will be the value addition to money through Business operations.

A project Report mainly contains following details:

like Technical Aspects which tells about the process of manufacturing used, Quality specifications, Production Capacity, Approximate Power Requirement etc., Financial Aspects which tells about the Financial Structure, proportion of fixed capital, Working Capital, Bank Loan demanded etc. sounds something typical but it is made very easy at KIP and chances of getting loan are increased.

So If bank demands for project Report, then “WELCOME TO KIP”

We have prepared Project Reports for various Industries and you can have a glance on the following list:

  • Project Report- Bricks Udyog
  • Project Report- Bus Loan Finance
  • Project Report- Catering Services
  • Project report- Cloth Shop
  • Project Report- Educational Institute
  • Project Report- Cotton/ Ginning Industry
  • Project Report- Dealership
  • Project Report- Dairy Farming
  • Project Report- Form Industry
  • Project Report- Garment Franchise
  • Project Report- Goat Farming
  • Project Report- Housing Loan
  • Project Report- JCB Finance
  • Project Report- Cement Block
  • Project Report- KVIC – Cement Block
  • Project Report- KVIC – Neal Udyog
  • Project Report- KVIC – Shuttering Work
  • Project Report- KVIC – Wheel Alignment
  • Project Report- KVIC – Tea Grinding & Packaging
  • Project Report- Poultry Farming
  • Project Report- Petrol Pump
  • Project Report- Equipment Purchase
  • Project Report- PVC Pipes
  • Project Report- Rabbit Farming
  • Project Report- Resin Industry
  • Project Report- Warehouse(HAFED)
  • Project Report- Water Plant
  • Project Report- Beverage & Bar Restaurant
  • Project Report- Stone Crushing

  • CMA Data

The full form of CMA is Critical Monetary Analysis. It is required by Banks and other financial institutions, to study the minutes of balance sheet and other financial statements of a body corporate for financing their projects. In other words it is the detailed explanation of the balance sheet and other financial ratios of the Firm or any other Body corporate. As in this part company’s Balance Sheet and Income Statement are analyzed in the form of ratios which gives a quick look of Company’s position and appealing look which will attract lender’s attention. And getting this service at KIP you will get the maximum attention.

 

  • Credit Rating Report

A Credit rating report reflects current opinion on the relative likelihood of timely payment of interest and principal on the rated obligation. It is an unbiased, objective, and independent opinion as to the issuer’s capacity to meet its financial obligations. Credit ratings are based on a robust and clearly articulated analytical framework, which ensures comprehensiveness, standardization, comparability, and effective communication of the ratings assigned and of every timely rating action. The assessment is based on the highest standards of independence and analytical rigor. We prepare this report for you to make all the compliances easy for you.

 

  • Bank Proposal Document

When any person wants a large amount of loan then as one of the compliance he has to fill a form-S to complete all the formalities; we do this for you also.

 

  • CIBIL Report

 A CIBIL Report is a factual record of an individual’s (borrower’s) credit payment history compiled from information received from different credit grantors which are the CIBIL members. It contains all the information about a borrower’s transaction in the past. Its sole purpose is to help credit grantors make informed lending decisions. We help you in getting your CIBIL Report (for both Companies and Individuals) to enhance your credit rating also if there any corrections are required over a span of time then we help you in getting the corrected CIBIL Report.

 

Personal Loan

We assist you in getting Personal Loans from Bank or other financial institutions. Personal Loan includes:

  • Personal Home loan
  • Personal Vehicle loan

Subsidized projects of NABARD/ Khadi Board

We also assist you in Subsidized projects of NABARD/ Khadi Board. These include many project reports like:

  • Project Report- Dairy Farming
  • Project Report- Warehouse(HAFED)