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Nitee Inc., is a professional accounting firm established by persons having a collective professional experience of over 40 years in providing specialized services in the field of Management Audits, Taxation, Company Law Matters, Corporate Services, Labour Laws, Project Development and Financial Consultancy. The firm is managed by three consultants and has over twenty audit staff members supported by additional five office staff members The consultants have a wide experience in Taxation, Statutory Audits, Management and Internal Audits, System Consultancy, ERP Implementation, Statutory/ Revenue Audits of Banks and expertise in liaison with PF, ESI, Labour Law Departments. The Firm is recognized in professional circles as providing sterling advisory and management services in various fields of operation.
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Nitee Inc
Professional Accounting Firm
PROFILE
CONTENTS
ADDRESSES
BACKGROUND
TEAM
SCOPE OF SERVICES
METHODOLOGY
APPROACH
ADDRESSES HEAD OFFICE 4220, IP Extension 2,
Sector 49, Faridabad - 121001 TEL : 0129-4034220, 9871510465 , +1 347 504 0922 E-mail: [email protected]
BRANCH OFFICE 552, Out of Chand Pol Gate, Bharatpur 321001
TEL
: 0124-4008155, 9810306010 E-mail: [email protected]
Chohan Sandeep Ajay & Co.
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BACKGROUND
Chohan Sandeep Ajay & Co.
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Nitee Inc., is a professional accounting firm established by persons having a collective professional experience of over 40 years in providing specialized services in the field of Management Audits, Taxation, Company Law Matters, Corporate Services, Labour Laws, Project Development and Financial Consultancy. The firm is managed by three consultants and has over twenty audit staff members supported by additional five office staff members The consultants have a wide experience in Taxation, Statutory Audits, Management and Internal Audits, System Consultancy, ERP Implementation, Statutory/ Revenue Audits of Banks and expertise in liaison with PF, ESI, Labour Law Departments. The Firm is recognized in professional circles as providing sterling advisory and management services in various fields of operation.
TEAM Rahul Mittal [[email protected]] [Mob: +91 98715 10465] [Mob: +91 85100 00610] [Mob: +1 347 504 0922] He is MBA, associated as a partner, he has wide experience in the field of taxation and auditing with specialization in direct taxation advisory and compliance, corporate financial planning and transaction support and Human Resource, worked 15 years in corporate sector having, was heading Finance and Human Resource Department. Biswajit Nanda [[email protected]] [Mob: +91 99996 16795] A labour and personnel law expert, he has in-depth knowledge of the Statutes and expertise in day to day interaction with respective authorities. Besides he has expertise in taxation, auditing and accounting systems review. Manish Mittal [[email protected]] [Mob: +91 96500 11567] He is post graduated, A labour and personnel law expert, associated as a partner, he has experience in management and internal audits, systems consultancy, corporate finance and business consultancy.
Chohan Sandeep Ajay & Co.
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SCOPE OF SERVICES Statutory Audit Strict observation of professional standards and a highly structured
audit approach has enabled the firm to ensure quality of audited statements. Internal Audit A highly structured approach and technical skills has helped develop
financial and operating systems at Companies at optimum cost.
Taxation Main strength is in the area of corporate tax planning, personal
taxation and tax compliance including assessments and Appeals.
Investigations Special investigations relating to frauds, grant utilization and program evaluation etc.
Chohan Sandeep Ajay & Co.
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SCOPE OF SERVICES Approvals, Licenses and compliances The firm provides assistance in obtaining approvals, licenses and other start-up compliances from various government ministries and departments.
Accounting Services With the trend towards outsourcing of Accounts functions, the Firm
has taken a lead in providing such services specially to Overseas Corporate Entities who have set up base in India
Labour and Personnel Laws The firm handles assignments in respect of Labour laws and Allied
Statutes and has personnel having in-depth knowledge of the Statutes
and expertise in day to day interaction with respective authorities. This includes services in relation to PF, ESI, LWF, Bonus, Factories Act, Contract Labour Act, Shops and Establishment Act, Building and
other Workers Act among others.
Chohan Sandeep Ajay & Co.
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SCOPE OF SERVICES
Corporate Advisory and Transaction Support The Firm has helped Clients incorporate legal entities in India. For
Overseas Clients, the Firm assists in conducting due diligence
audits, liaison activities with the FIPB, RBI and the Registrar of
Companies.
The firm is also involved in providing assistance for corporate business and financial planning, valuation, business strategy assessment and risk management. The firm undertakes preparation of
project reports and assists in obtaining finance from different
sources.
Chohan Sandeep Ajay & Co.
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SCOPE OF SERVICES Payroll Processing Outsourcing We have expertise in payroll processing of large and medium enterprises. Payroll outsourcing involves delegating payroll
administration to us with the aim of cutting costs, lowering risks,
maintaining payroll confidentiality and to get better services. It
also includes salary restructuring(making it more tax friendly),
deposit and returns associated with salary deductions including TDS,
PF, ESI etc.
ERP Implementation We help organizations plan and manage their ERP implementation projects to realize increased benefits and minimize disruption and
delays associated with the purchase of enterprise software. Our ERP implementation service offering includes complete ERP project
management and support for larger organizations, as well as rapid ERP
implementation and ERP workshops for organizations of all sizes.
Chohan Sandeep Ajay & Co.
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METHODOLOGY The Firm adopts the following methodology in carrying out their Audit
assignments:
Understanding the business operations and financial transactions
associated with the business operations.
Identifying internal controls that are in operation and mapping
these to requirements of the industry.
Understanding the accounting processes to ensure that transactions
are recorded timely, correctly, and that accounting records can
consistently provide accurate financial statements. Building Audit programs consistent with business practices and
risk assessments associated with the business operations.
Reviewing key arrangements which impact the company commercially
and suggest improvements in handling accounting and management
risks inherent in them. Complete review of Corporate Governance and legal compliance
arrangements.
Building compliances with GAAP and IFRS, keeping the organization
abreast of these issues through constant interaction with the
company’s finance & accounts function and the audit committees.
Chohan Sandeep Ajay & Co.
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APPROACH On the basis of a preliminary survey, a proposal is submitted
detailing the draft terms of reference, methodology to be adopted,
staff & time requirements and an estimate of fees.
This proposal, after acceptance, is followed by a more detailed work programme which is discussed with the client and agreement obtained.
Once the assignment is initiated the progress is periodically
reviewed with the client. On conclusion of fieldwork, the
observations and recommendations are thoroughly discussed with the
concerned executives and modified, if necessary, in order to improve
utility. This is followed by a formal report.
The firm believes in developing a long-term association with the
clients. With this view, close interaction is maintained on a
continuous basis after conclusion of the assignment or in case of
regular work, throughout the association.
Chohan Sandeep Ajay & Co.
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OUR CLIENTS Some of our clients include - • FIA Technology Services Pvt Ltd (Indian Company)
• FIA Global Services Pte Ltd (Singapore Company)
• Emplay Inc (USA Company)
• Saumya Retail Pvt Ltd (Indian Company)
Chohan Sandeep Ajay & Co.
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