Mission Statement
We believe:
Success:
Your Success is our Business.
Change is the only permanent thing in life. It is therefore, important for us to always remain abreast with changes in business environment and law affecting accounting and taxation.
Knowledge is never complete. It is our belief a human being remains a student throughout life. We are always strive to assimilate the wealth of knowledge.
Knowledge is most essential and important in profession. In our profession, knowledge of legal aspects and its application is vital. It is therefore, our mission to be a powerhouse in knowledge in the field of accounting and fiscal laws.
Knowledge is not complete unless it is shared with others. It is therefore, our endeavor to share whatever knowledge we have with all.
M.G & Co
ABOUT US
M.G & Co. was established in the year 1992 and has built its presence all over India. It is one of the leading Chartered Accountancy firm. We value relationships and take pride in our personalized service that is tailored to our clients’ needs. The services provided include Financial and Business Advisory, Regulatory and Risk Advisory Services, Corporate Matters, Taxation Matters relating to Income Tax, Goods & Service Tax (GST), Service Tax, Excise, Value-added Tax, Import and Export regulations, Banking and Finance Management and allied matters having a clientele base of more than 1000 in Nos. spread all over the Northern States of Haryana, Punjab, Delhi, Himachal Pradesh, and UT of Chandigarh and other part of India.
The firm is well geared to take up any professional assignments in the above areas. It has association with firms of Chartered Accountants, Management Consultants, Company Secretaries and I T Professionals etc. to provide complete range of services. The firm is in the panel of C & A G in the category of “Chartered Accountant firms qualifying for major Public Sector Undertakings Audit”. The firm is also in the panel for Central Statutory Auditors of Public Sector Banks
Schedule Free Consultation
FIELD OF WORK
The Firm provides services to its clients, which includes banks, companies (both public and private ) , firms, educational institutions, societies, trusts and individuals. The services provided are:-
EMPANELMENTS
- Comptroller & Audit General of India (C & AG) the firm’s listed to conduct audits of Large PSUs
- The firm is a category ‘I’ audit to firm eligible to be conduct statutory audits of PSU Banks and is eligible to conduct large branches of PSU Banks.
BUSINESS START UP
AUDIT SERVICES
BANKS :
The Services rendered to various branches of various banks have been in the nature of Branch statutory, concurrent, revenue and stock verifications Audits.
The partners have been regularly rendering such services for the last thirty years, The services rendered are to the following banks and Public sector undertakings:
STATUTORY AUDITS:
The firm and its partners have vast exposure to Audit of Trade/ Industry. Services such as Statutory Audits have been provided to several industrial organizations including those of major industrial groups.
INTERNAL AUDITS:
Services provided to companies in private sector covering the areas of system audit, Internal control, statutory compliances, payment verification (before payments are released) , physical verification of stock at regular intervals to identifying non-moving and slow moving stocks , review of re-order level etc. and other areas where the management desires our assistance.
The internal audit functions being performed are:
- To ensure the compliance of defined systems.
- To ensure the compliance of internal controls.
- Statutory compliances.
- Pre-audit of payments.
- Physical verification of stocks.
- Reconciliation of discrepancies ,if any.
- Identifying Non moving and slow moving stocks.
- Review of re-order levels.
- Processing of material receipt notes and purchase orders before payment being released to suppliers.
- Suggesting improvement in the system.
COMPANY LAW
Services provided include company incorporation, advisory services, preperation of petitions, appearing before competant authorities (Registrar of companies, Regional Director and Company Law Board)
Prepration of project reports, Liasion with banks & Financial Institutionsss
PROJECT FINANCING
Designing and implementing Management Information Systems, preparation of activity cum accounts manual, Company and Industry Profile, International Collaborations etc.
MANAGEMENT AND
CONSULTANCY SERVICES
TAXATION
Our aim is to keep our clients updated with the continuous changes in tax policies and regulation in order to give them an upper hand in developing their strategies, to achieve their business objectives, that are in line with the changes introduced in the tax regime.
Tax planning, Filing of Returns for all entities viz., Individuals, HUF's, Firms,Companies, and Trusts etc implementation thereof, completion of assessment at all levels (i.e. Assessing officers to Commissioners) , appearance before the appeppate authorities i.e Commissioner (Appeals) and Income Tax Appellate Tribunal for individuals , trusts , educational institutions , firms and corporate.
INCOME TAX
Advisory services, presentation of cases before the assessing authorities and the appellate authorities.
Indirect Tax Management| Attending to registration, renewals, periodic returns and compliances
Goods and
service tax (gst)
Indirect Tax
- GST Advisory and compliances
- GST Return filing
- GST Audit
- Customs Advisory and compliances.
Transfer pricing
- Computation of profits and tax in India as per Finance Act 2001.
- Computation of income from international transactions at arm's length price.
- Advisory and compliance services in relation to impact of international transactions with another unit
Merger & Acquisition
- Financial analysis of information on companies and industry.
- Identifying and applying tax and regulatory aspects related M&A
- Assisting in the restructuring assignments
- Preparing future valuation of target company.
Direct taxes
- Income Tax Advisory and Compliances
- Assisting in Income tax proceedings
- Income Tax return filings
- Income Tax forms
- TDS returns and compliances
Valuation and Due Diligence
- Corporate Financial services for international business communities
- Valuation for allocation of purchase cost and consideration for shares allocated.
- Business analysis for decision making and negotiation
International Taxation
- Preparation of tax provisions under US GAAP
- Review of new tax legislation that may impact relevant entities.
- Technical research in relation to various tax matters.