Bhagat Verma & Associates
Chartered Accountants
All our energy is focused on giving our client exceptional service.

Our Services

Our firm offers a wide range of services to cater to the diverse needs of the clients. Our activities range from conducting Statutory / Internal / Investigative Audits to providing accounting solutions, Tax Compliance and Advisory Work to Corporate Finance, Legal Consultancy on Company law matters to Management Consultancy and Information System Assurance. We offer our services in the following areas:


Audit & Assurance

We are committed to delivering comprehensive, independent, efficient, and effective audits of financial statements, including those that are integrated with an audit of internal controls. We also provide quality assurance services to help ensure that our clients' financial statements meet the complex regulatory and business requirements under which they function. We partner the business and help them achieve their objectives effectively and efficiently by being proactive and working with them in the following areas:

  • Statutory Audit
  • Tax Audit
  • Internal Audit - financial and operational
  • Fraud prevention, detection and investigation Revenue Audit
  • Convergence with International Financial Reporting Standards
  • Concurrent Audit
  • Management Audit
  • Operations and Efficiency Audit
  • Inventory Audit

Accounting and book-keeping

You can consider us as your virtual accounting department. We help you to manage cash-flow planning, budgeting and tax filing in addition to the regular accounting and book keeping. We will record all your transactions in our online server or remotely to your accounting systems. We will provide you with any MIS reports as per your requirements. We are ready to accept any kind of challenge in the fields of Finance & Accounts, as we are here to deliver the best and learn more by working with diverse accounting systems & thought process.We provides a total solution to clients' accounting needs, including the following:

  • Designing and setting up accounting systems
  • Reviewing existing systems and advising clients on the selection & implementation of computerised accounting packages
  • Setting up, maintaining and updating of accounting books
  • Payroll computaion and processing

Software we use

  • Xero Online
  • Quickbooks Online
  • Wave Online
  • Banana Accounting
  • Tally
  • Computax

Corporate & Specialist Advisory

Our specialist corporate finance team has the experience and skills to provide our clients with professional advice and services in the following areas:

Corporate Advisory
  • Company Incorporation in India and in United Arab Emirates
  • Filing various ROC Forms & Returns including Annual Return XBRL
  • Drafting of various Notice, Resolution & Minutes, Reports etc
  • Drafting of various agreements and contracts including Memorandum and Articles of Association for Company
  • Assistance in obtaining compliance certificates
Specialist Advisory
  • Business valuations
  • Assessment of a business' viability, and providing detailed plans for its turnaround
  • Due diligence work for the purpose of takeover
  • Development of business plans
  • Preparation of accounting and procedures manuals
  • Feasibility studies
  • Investigations
  • Assisting in finalising of privatisation plans.
  • Human resources
  • Preparation of partnership deed
  • Arbitration services
  • Counselling for family businesses.

Tax Services

The firm's expertise in local tax regulations enables it to offer expert tax advice to its clients, helping them to maximize tax benefits and minimize tax burdens. Our tax consultants provide the following services:

Direct Taxation services includes:
  • Corporate, Partnership firm & Individual Tax Planning and Management (both resident and non-resident)
  • Tax Computation & Payment including Advance Taxes
  • Filing of Income Tax Return
  • Filing of TDS Return
  • Representation before various Income Tax Authorities including Assessing Officer, Commissioner of Income Tax etc.
  • Providing Updates on significant changes in law
Indirect Taxation services includes:
  • Registration with Central Excise, Customs, Service Tax and VAT authorities
  • Calculation of Excise, Customs and Service Tax, VAT
  • Filing of regular tax returns
  • Preparation of Excise records as per the Excise Act
  • Preparation of documents for Input/Credit/Refund of indirect taxes
  • Advisory Services for the Tax Planning and Minimization of Quantum of Tax
  • Providing Updates on significant changes in law

Management Consultancy

We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. Our Management Consultancy Services includes:

  • Arrangement of Term Loans/ Working Capital limits
  • Preparation of projected financial statements
  • Preparing Cash Budgets, Preparing Cash Flow & Fund flow Statement
  • Investment Advisory & Financial Planning
  • Working Capital Management.
  • Inventory Management, Material Handling and Storage
  • Expense/ Reimbursement Management
  • Creditors/ Debtors Management