LK & Associates

A fresh approach, feel at home.

Services

Simple advice when you need it:

LK & Associates offers much more than the annual filing of your accounts and tax returns. Our aim is to get the most out of your resources, save you time and drive your business forward.

In addition to our comprehensive compliance services, our experienced advisors can also prepare monthly or quarterly management accounts to help monitor your business performance and cash flow throughout the year.

Goods And Service Tax (GST)

  • GST Registration.
  • Consultancy on matters related to Sales Tax including Tax planning.
  • Invoice management, including bulk upload of invoices, invoice validation and integration with ERP/ Accounting Software.
  • Preparation & Return filing, including Automated Return Filings and GST Return preparations.
  • Reports, including an integrated view of fillings, tax liability and payment view and analytics and trends.
  • Reconciliation, including pre & post-filing reconciliation, automated reconciliation of Inward/Outward Supplies.
  • Miscellaneous, email alerts with appropriate escalations with clients.
  • Liaison with GST authorities, Getting Sales Tax Assessments done.

Income Tax(IT)

  • Consultancy on various intricate matters pertaining to Income tax.
  • Tax Planning for Individuals, Firms, Corporates and others.
  • Filing Income Tax for Individuals, Firms, Corporates and others
  • Liaison with Income tax department for rectification, assessment, obtaining refunds etc.

Tax Deducted At Source(TDS)

  • Advice on all matters related to compliance of TDS/TCS provisions
  • Obtaining Tax Deduction Account Number (TAN).
  • Computation of monthly TDS.
  • Filing of quarterly Returns.
  • Issue of monthly/annual TDS certificates.

Accounting & Book-keeping Services

Accounting
  • Accounting System Design & Implementation
  • Financial Accounting
  • Budgeting & MIS Reports
  • Recommend ways to strengthen internal financial controls
  • Accounting methods best suited to your organization.
  • Preparation of annual accounts, annual returns and tax returns
Bookkeeping
  • Have your monthly financials to you prior to the 15th of every month.
  • Have the ability to remotely access your information, with your permission, allowing us to close your books without you needing to send us any files
  • Review the financial information for accuracy and completeness
  • Prepare tax projections based upon the financial information

Audit Services

BROADLY, AUDIT INVOLVES THE FOLLOWING
  • Indepth study of existing systems, procedures and controls for proper understanding. Suggestions for improvement and strengthening.
  • Ensuring compliance with policies, procedures and statutes.
  • Comprehensive review to ensure that the accounts are prepared in accordance with Generally Accepted Accounting Policies and applicable Accounting Standards.
  • Reporting inefficiencies at any operational level.
  • Detection and prevention of leakages of income and suggesting corrective measures to prevent recurrence
  • Certification of the books of account being in agreement with the Balance Sheet and Profit and Loss Account
  • Issue of Audit Reports under various laws.
TYPES OF AUDITS CONDUCTED:
  • Statutory Audit, Concurrent Audit & Internal Audit
  • Tax Audit under Section 44AB of the Income Tax Act
  • Revenue Audit & Branch Audits.
  • Information System Audit

Corporate & Commercial Funding

Business may need to raise external funding, or capital, in order to expand.

When your business needs a boost of working capital, you want to find a business loan that fits into your business. Be it Project Finance, equipment or financial services ,we have combined industry expertise, providing financial solutions for businesses. We pledge our resources to help your company meet its financial goals.

We arrange funding for wide array of industries such as:

  • Manufacturing
  • Distribution
  • Wholesale
  • Retail
  • Service Related Businesses.