Company Secretary & Secretarial Services: Board Resolutions, ROC Compliance & Corporate Governance 📌 Compliance Is Not Filing Forms. It’s Governance Infrastructure. Most CS firms file your AOC-4 and MGT-7 and call it “secretarial compliance.” That is form-filling, not governance. Real secretarial practice means: board resolutions drafted with FEMA-compliant language that survives regulatory scrutiny, shareholder registers […]
Author Archives: CA Viswanathan V , FCA,CS,CFE, REGISTERED VALUER (S&FA)
Employee Fraud in Indian SMEs: Detection, Investigation, and Prevention 📌 5% of Your Revenue Is Walking Out the Door The ACFE‘s global data estimates that organizations lose 5% of annual revenue to occupational fraud. For an Indian SME with ₹10 crore turnover, that is ₹50 lakh per year — often more than the entire net […]
Red Flags in Startup Financial Statements: What Investors Miss 📌 The Numbers Look Great. That’s the Problem. The pitch deck shows 3x revenue growth. The P&L shows improving unit economics. The cap table looks clean. Every metric points toward “invest.” But a Certified Fraud Examiner looking at the same numbers asks different questions: Why does […]
Financial Due Diligence for Startup Investment: A CFE’s Checklist 📌 The ₹8 Lakh Investigation That Saves ₹8 Crore A standard financial DD verifies that the startup’s books are correctly maintained. A forensic DD investigates whether the numbers tell the real story. When 22% of “recurring revenue” turns out to be related party transactions, when 3 […]
Forensic Accounting & Fraud Investigation Services 📌 When Numbers Don’t Add Up — You Need Investigation, Not Audit A statutory auditor tells you the financial statements are “true and fair.” A forensic accountant tells you where the money actually went. Whether you are a board member confronting a whistleblower complaint, a PE investor discovering post-acquisition […]
Transfer Pricing Disputes: When the IT Department Challenges Your Intercompany Pricing 📌 Your TPO Just Proposed a ₹10 Crore Adjustment. What Happens Next. The Transfer Pricing Officer has reviewed your intercompany transactions, rejected your benchmarking study, and proposed an adjustment that treats your management fees as NIL, your royalty as excessive, or your IT services […]
How to File Income Tax Appeal Before CIT(A): Complete Process 📌 Quick Answer: Form 35 on the e-Filing Portal, Within 30 Days To appeal an income tax assessment or penalty order, file Form 35 on incometax.gov.in within 30 days of receiving the order. You need: the order being appealed (PDF), grounds of appeal, statement of […]
Income Tax Appeal Services: CIT(A), ITAT, Section 263 Defense & Penalty Appeals 📌 Your Assessment Order Is Not the Final Word Every income tax assessment order, penalty order, and revision order is appealable. The appeal — not the assessment — is where the final tax liability is determined. Over 5 lakh appeals are pending at […]
GST Appeal Case Studies: Anonymized Outcomes with Strategy Explanation 📌 12 Real Appeals. Strategies Exposed. Outcomes Documented. Theory tells you what the law says. Case studies tell you what actually happens when you walk into the Appellate Authority’s office with a specific argument, specific evidence, and a specific demand at stake. This page presents 12 […]
ITC Reversal Under Rule 42/43: Calculation, Impact, and Appeal Options 📌 Quick Answer: When Does ITC Reversal Under Rule 42/43 Apply? If your business makes both taxable and exempt supplies using common inputs, you must reverse a proportionate share of ITC attributable to exempt supplies and non-business use. Rule 42 governs reversal on inputs and […]