ABOUT FIRM

We, Anupam A Bafna & Associates, Chartered Accountants (AAB) have emerged as full services accounting, tax & audit firm providing a wide range of services to clients. Having office at Nagpur, we AAB are the team of young and energetic people’s having positive approach to provide expert and professional services with due care of professional ethics. The firm is established in 2018 and is headed by Founder CA Anupam A Bafna along with other professionals.

Anupam is a Chartered Accountant and DISA by qualification. He is a graduate in Bachelor of Commerce from Symbiosis. With exhaustive internship at S N K & Co., Pune and professional stint in capital markets at Nirmal Bang Securities, Mumbai, he has developed strong skill set in the field of studying and analysis financials and firm’s strength. He possesses rich professional experience in handling Auditing, Direct Tax and International Tax matters. He has also gained the insights of business models and financial projections.

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Why AAB?

OUR CORE VALUES

We aim at delivering sheer excellence in Financial, Legal and Advisory service sectors. Our primary goal is to provide trusted professional services with insightful advice, integrity, ethics, excellence and commitment to enable our clients to make informed financial decisions.

At AAB, we are keen on creating synergies through the amalgamation of the various professional values that result in the optimization of client worth, business prospects and growth. Sincere efforts are made to ensure our team member’s commitment to the organizational purpose.

Our vision is to deliver qualitative expert services efficaciously in the verticals of Accounting, Auditing, Taxation, Risk Advisory and Management Assurance. We are also specialized in liasoning all types of finances and availing various government grant, subsidies and incentives offered by Centre and State governments.

Our moto is to establish a one roof platform for clients for all their professional needs which constantly strives us for excellence in our professional domain and ensure highest quality Standards. AAB and its team believe in building long-lasting relationship with clients by providing highly professional services to attain maximum customer satisfaction.

We are committed to maintain integrity and quality in sustaining our client’s confidentiality and stakeholders’ trust. Efficiency, Reliability, Stability, ethics and independence are the criterion on which we measure ourselves. In our offerings, we try to take informed decisions, act professionally and engage in practices which are legal and practical. We strive to operate with professional behavior and competence within the applicable laws, in both letter and spirit.

At AAB, we provide cutting edge, innovative and out of box solutions with a view to provide value added solutions in our offerings. We not only consider present scenario but also take a step ahead to connect to foreseeable future opportunities and that reflects the commitment levels to our clients. A culture of commitment and accountability is assured in everything we do at workplace.

We abide by the professional ethics and would like to restrain ourselves from any conduct that may discredit our profession. We have defined our principles by the way of excellence, credibility and commitment towards the work we perform which guides on our road to success. Our ethical business principles underline the true value of our esteemed organization.

OUR SERVICES

The firm is engaged in the activities in the line of Tax Matter, Audit and Accountancy covering a wide range of sub activities related to the profession. Our offerings are as under:

AUDITS

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STATUTORY AUDIT

Our firm undertakes audit and assignments under various law like Statutory Audit under Companies Act, Income Tax Act, Compliances under Sarbanes-Oxley Act, Banking Regulation Act, Bombay Public Trust Act, Societies Registration Act, Co-op Societies Act to name a few.

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GST AUDIT

The firm undertakes a GST Audit under the Goods and Services Tax Act, 2017. These include the Audit report and the compliances of the provisions of the GST and preparation of reports as prescribed by Goods and Services Tax Act from time to time.

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INTERNAL AUDIT

We assist clients with the internal audit function, providing comprehensive year round internal audit procedures, which go well beyond routine transaction testing with focus on the effectiveness of the internal control environment and risk management. It helps an organization accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of risk management, control, and governance processes.

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STOCK AUDIT

The firm has undertaken the stock audits for the clients involved into different industries. An inventory audit is an accounting procedure designed to keep track of a company’s products and merchandise.

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BANK AUDIT

The firm is enrolled on the panel of auditors maintained by The Institute of Chartered Accountants of India for The Reserve bank Of India for allotment of statutory audit, concurrent audit, and stock audit of Nationalized Banks. We have good experience of handling various types of bank audit.

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SYSTEMS AUDIT

We assist clients in establishing & complying with Information Systems Auditing Standards. We establish controls whether managerial, organizational, operational or application in IT environment. It represents a set of human and capital resources invested within an entity for the purpose of collecting & processing the necessary data in order to produce information, which can be used throughout all management decisional levels and in controlling the organisation’s activities.

TAXATION

We at AAB, have dedicate group of professionals, rich in experience on Tax and Regulatory matters. Our team stays constantly abreast with changes in tax policies, administration & regulations and domestic & international jurisprudence. We endeavor to identify potential threats & opportunities and advise on appropriate strategies to mitigate exposure and optimize tax incidence on our clients. We help businesses to maximize value by identifying and implementing comprehensive strategies for corporate, international and local taxes. This helps ensure that the cascading effect of all taxes together is minimal on our clients. Some of our services include:

Direct AND INDIRECT tax CONSULTANCY

  • Making an application for registration & obtaining the certificate & other approvals required under the prevailing laws like Income Tax Act 1961, Goods and Services tax Act, 2017 etc.
  • Consulting key business houses, key professionals and businessman in planning the GST related matters
  • Filing Returns, Attending hearings before Assessment and Appellate authorities.
  • Obtaining Tax Clearance Certificates and other relevant certificates under the act
  • Replying to the show cause notices from Sales Tax Department Authorities & appearing before Appellate Tribunals
  • INTERNAL CONTROL SYSTEMS
  • BANKING & FINANCING SOLUTIONS
  • PROJECT FINANCING & FINANCIAL CONSULTANCY
  • GOVERNMENT INCENTIVES ADVISORY (SUBSIDIES)
  • DUE DILIGENCE
  • FRAUD INVESTIGATIONS
  • INVESTMENT ADVICE
  • INCORPORATION / REGISTRATION SERVICES

Now the demand of the time is to concentrate on core business areas and outsource the non-core processes to the experts.

With this view we have expert wing looking into implementing systematic business processes and internal controls in the business and conducting Pre and Post Implementation Review of the same.

Banks are the integral part of business today and we have professionally associated with many of Banks, NBFCs and various other financial institutions.

We assist our clients for providing secured and unsecured financial assistance conversant to the nature of business, dealing with routine Regulatory compliance and managing stringent capital requirement etc. The firm undertakes job as to financial arrangement to various business houses. 

  • Appraisal of Project, preparation of Project report and liaison with bankers for arrangement of short and long term funds.
  • Consultation about deployment of surplus funds and decisions regarding short term and long term investment policy.
  • Arranging and negotiating with different commercial banks for housing loans to individuals.
  • Consulting for restructuring and reorganization of the company in case of proposed JV or collaborations.

We also act as liaison and bridge between government and entrepreneur so that we can provide benefit of all the Central and State Government Incentives to small and medium enterprises in India.

Having successfully completed many such projects we have rich experience in Government Incentives Advisory and also well conversant with allied regulations and legislations.

Our detailed knowledge, expertise in this field and are well- equipped, experienced & dedicated to provide different incentives of financial services to enthusiastic entrepreneur Entrepreneurs feel free to contact us while planning for new project.

The Firm conducts due diligence reviews for Foreign and Domestic investors. The acquiring of a business or assets carries with it a number of risks in areas that include:

  • Financial, legal & litigation, markets & products, management & work force, strategic and unrecorded liabilities.
  • The Firm compiles a work plan to meet the client goals, expectations and concerns, ensuring a smooth acquisition. 
  • The work approach for such goals is a pre agreed plan with client.

The firm also has experience in Fraud Investigation. Unraveling major fraud involved examining vast quantities of documents often left in a deliberately obscure and fragmented form.

The firm has rich experience in advising clients to invest in Securities with Fixed returns, investing in Stock markets and Primary issues market for optimum returns.

The firm is also guiding the investors in their planning decisions like merger-acquisition, take-over and other project set ups etc.

We have experience of trading in stock market and are well versed with rules and regulations which are binding on investors, stock brokers and stock exchanges

We give advice on forming Company, LLP and other legal entities matching business needs.

We provide complete solution for Company Formation, Limited Liability Partnership, Partnership Firm, Trust and other legal entities in India.

We also provide services of Society registration, NGO / charitable trust registration, 80G & 12A registration, GST Registration Tax, License of Import/Export, ISO, MSME and Trademark/Copyright etc.

Now the demand of the time is to concentrate on core business areas and outsource the non-core processes to the experts.

With this view we have expert wing looking into implementing systematic business processes and internal controls in the business and conducting Pre and Post Implementation Review of the same.

Banks are the integral part of business today and we have professionally associated with many of Banks, NBFCs and various other financial institutions.

We assist our clients for providing secured and unsecured financial assistance conversant to the nature of business, dealing with routine Regulatory compliance and managing stringent capital requirement etc. The firm undertakes job as to financial arrangement to various business houses. 

  • Appraisal of Project, preparation of Project report and liaison with bankers for arrangement of short and long term funds.
  • Consultation about deployment of surplus funds and decisions regarding short term and long term investment policy.
  • Arranging and negotiating with different commercial banks for housing loans to individuals.
  • Consulting for restructuring and reorganization of the company in case of proposed JV or collaborations.

We also act as liaison and bridge between government and entrepreneur so that we can provide benefit of all the Central and State Government Incentives to small and medium enterprises in India.

Having successfully completed many such projects we have rich experience in Government Incentives Advisory and also well conversant with allied regulations and legislations.

Our detailed knowledge, expertise in this field and are well- equipped, experienced & dedicated to provide different incentives of financial services to enthusiastic entrepreneur Entrepreneurs feel free to contact us while planning for new project.

The Firm conducts due diligence reviews for Foreign and Domestic investors. The acquiring of a business or assets carries with it a number of risks in areas that include:

  • Financial, legal & litigation, markets & products, management & work force, strategic and unrecorded liabilities.
  • The Firm compiles a work plan to meet the client goals, expectations and concerns, ensuring a smooth acquisition. 
  • The work approach for such goals is a pre agreed plan with client.

The firm also has experience in Fraud Investigation. Unraveling major fraud involved examining vast quantities of documents often left in a deliberately obscure and fragmented form.

The firm has rich experience in advising clients to invest in Securities with Fixed returns, investing in Stock markets and Primary issues market for optimum returns.

The firm is also guiding the investors in their planning decisions like merger-acquisition, take-over and other project set ups etc.

We have experience of trading in stock market and are well versed with rules and regulations which are binding on investors, stock brokers and stock exchanges

We give advice on forming Company, LLP and other legal entities matching business needs.

We provide complete solution for Company Formation, Limited Liability Partnership, Partnership Firm, Trust and other legal entities in India.

We also provide services of Society registration, NGO / charitable trust registration, 80G & 12A registration, GST Registration Tax, License of Import/Export, ISO, MSME and Trademark/Copyright etc.