The firm is Statutory Auditors for many companies- Private Limited, Limited Companies, Limited Liability Partnership Firms (LLP) including many companies listed on Stock Exchanges, ...with most of the Companies having a turnover of above Rupees Ten Crore and more. It is also the statutory Auditors for many Firms; export houses and various types of other entities.
The firm is the Internal Auditor to the big Industrial Groups like, Siyaram Poddar Group, which includes the Flagship Siyaram Silk Mills Ltd. with turnover of about Rs.1600 crores... , Garodia Group with turnover of about Rs. 1500 Crores, and many such other groups. The firm is thus effectively handling the internal Audit of total turnover amounting above Rs. 3000 Crores. The firm has special expertise in the Revenue Audits, Factory Audits & Material Accounting Audits etc.
The firm has its presence in the wide & challenging areas of System & Management Audits. It is handling critical task of analyzing the systems, review and implementation of ...corrective measures. The firm has successfully implemented the control systems in the companies and periodically improvised the control systems on a continuous basis. The Firm has successfully implemented MIS Systems, Purchase and payment control System, Flow of Documents and operations, Design of Documentation, Flow of Materials/ payment vis-a-vis preparation of Documents and control, Sales Order processing and implementation system including the collection control, and above all Accounting system to facilitate appropriate MIS.
The firm is empanelled with the Nationalized Banks for the Branch Statutory Audit, Stock Audits, Concurrent and Revenue Audit & Secretarial Work.
The Firm is filing the Income Tax Returns for its various clients including Companies, Partnership Firms, LLP, Trusts etc.... The Firm is also handling the Scrutiny Assessment / CIT (A) etc.
The Firm is having the independent team handling the GST matters for its clients including filing of GST Returns, Filing of Refund claims under GST, Advisory services on GST issues, GST Audits,... Reconciliations etc.
The firm is handling the Company Law matters of more than 40 Companies including Listed companies, the Group companies of Siyaram Poddar Group, Garodia Group, ... Bhagwati Group and others. The firm has successfully floated many companies including Limited companies.
- The firm is handling the TDS Review Compliances for various Companies on monthly / quarterly basis;
- The firm is filing the TDS... Returns on quarterly basis / attending the TDS Queries of its various clients on day to day basis / attending the departmental queries by visiting to department / submitting the reply to the queries;
- The Firm is doing the Certification of Insurance Policies issued in Rural area as per the IRDA guidelines;
- Issue of Form No. 15CB – Certificate for Foreign Remittance;
- The firm is empanelled with Official Liquidator & conducting Review in the cases of Amalgamation etc.
>This is a brief history & profile of K. M. Garg & Co., Chartered Accountants, which gives an overview of exposure and tasks it is handling. One important fact, which this profile may not reveal that it has a dedicated
and disciplined team of young and dynamic professionals & employees, headed & motivated by responsible and experienced masters of their field, ready to accept any challenge.