Infinity

Accounting and Audit

Accounting and Audit

You need a partner you can rely on to ensure the accuracy of your company’s financial records.

We think it’s important to build relationships with our clients so we can learn more about you and your company. A business’s overall health can be determined by how effectively its financial records are kept up to date and accurate. The experts, Infinity Corporate offer pro-active assistance to assist you in effectively managing your company’s finances and guaranteeing the accuracy of your accounting records.

Assurance Services

For people and companies of all sizes, we offer a variety of accounting services.

Understanding what you do and how you do it is our first step.

Only then will we be able to advise you on the ideal accounting procedures and assist you in meeting your needs for your company’s accounting records and financial reporting. We work with you to offer guidance based on our vast knowledge and the broad clientele we serve as your business expands and your accounting needs become more complex.

Audits of financial statements

As your business expands, you could need to obtain more funding, fulfil a legal or bonding need, or value your company’s shares, all of which might necessitate an audit of your financial statements. Our workforce has audit experience in a variety of sectors, including retail, wholesale, service, non-profit, and governmental businesses. In order to give you confidence that your financial accounts accurately reflect the success and labour of your firm, we are devoted to conducting thorough audits that go above and beyond our professional standards.

If we identify any areas of your accounting procedures that require improvement throughout our audit, we will communicate them to you along with suggestions for change. Our intention is for your financial statement audit to serve as an effective management tool for your company.

Our company help you with the below mentioned Accounting and auditing services

Business Income Tax Services

Do you own a small business? Do you manage a sizable, complicated business that operates in several states? If so, we have the knowledge and abilities to assist you. Our staff members have experience preparing and filing income tax returns for a variety of businesses, regardless of size, operating in any state in the union. But we offer much more than just tax return preparation and filing.

Finalization of Accounts

The determination of the company’s financial status and profitability is the most important function of financial accounting. While the balance sheet displays the company’s financial condition, the trade and profit and loss account display the net profit and net loss of the company.

The creation of the profitability statement and the positioning statement of the firm is referred to as “finalising the accounts.”

TDS Return Filing in India

Entities (both corporate and non-corporate deductors) making payments (specified under Income Tax Act) to third parties (deductees) are required to deduct Tax at source (Tax Deducted at Source -TDS) from these payments. An Individual or a Hindu Undivided Family whose total sale, gross receipts, or turnover from business or profession carried on by him exceeds the monetary limits under Clause (a) or (b) of Sec.44AB during the preceding financial year shall also be liable to deduct tax u/s.194A,194C,194H, 194I & 194J. All persons removing or collecting Tax at source must apply for and obtain a Tax Deduction/Collection Account Number (TAN), and a Quarterly return will be filed.

 

Tax consultant / Tax related scrutiny

We can organise and manage your entire accounting and tax reporting activities – centrally and worldwide – bringing precision, consistency and punctuality to local tax compliance and clarity to global tax risk management.

 

  • Scalable services adapt easily to any business and are flexible enough to evolve with it
  • Concise, timely, value-driven reporting supports effective corporate decision-making at every level and in all your markets
  • Distinctive localised technologies transform central financial reporting into dependable local compliance