Our Assurance and Compliance division has developed a strategic methodology in carrying out cost-effective audits for large and medium sized companies in the manufacturing, trading and service sectors. Our audit approach is based on regular interactions with clients' management to provide constructive and value added feedback, not merely on the business of the client, but also on the industry.

In order to meet statutory compliance requirements of our clients, a yearly schedule is defined setting out the blueprint of activities for each client. We have an operational quality assurance program.

• Statutory Audits
• Tax Audits
• Internal Audits
• Physical Verification Audit
• Surprise Audit
• Special purpose Audits
• MIS & Reporting
• Regulatory Approvals
• Internal Control Reviews
• Tax Withholding
• Payroll Management
• Accounting
• Secretarial Services
• Representation

MSN offers specialized services in taxation to all knowledge based industries including start ups. SSCCS experience in direct tax issues, viz international taxation, cross-border tax, interpretation of tax treaties, transfer pricing, strengthened businesses in taking decisions.

Besides high-end expertise in direct taxation, we specialise in indirect taxes - covering sales tax, customs duty, excise duty and service tax.

We focus on structuring capital and revenue transactions by effectively utilising the tax laws with a view to maximise returns to the shareholders.

SSCCS tuned itself in multi areas of taxation to provide its clients solutions to various issues to their day to day matters as well as occasional matters.

• Routine Compliances viz returns filing, opinions etc
• Ticklish issues viz Tax withholding
• Representation before Tax Authorities
• Approvals from Authorities viz custom, CBDT, Income Tax Authorities
• Seeking Advance Rulings
• Transfer Pricing
• Tax modeling, which would involve validation of tax assumptions built into financial and business models
• Planning for achieving Mergers, Acquisitions, Demergers, re-organizations.
• Effective tax management, tax structuring and advisory services for local and international clients in the area of corporate and personal taxation.
• Expatriates Taxation
• Foreign Direct Investment /Exchange Control
• Treaty Interpretation i.e. interpretation on various terms used in DTAA
• Advice on issues like Anti Dumping duties, Anti Safeguard Duties etc

MSN have earned creditable experience in acting as business advisors to strategise and oversee the implementation of business initiation plans. We support start-up ventures at all stages of the business cycle - from identifying appropriate entry routes to assisting in deal structuring and providing post set-up services particularly the following

• Business and India Entry Strategy and advisory services
• Setting up Liaison office, subsidiaries, branch office, Representative office etc
• Incorporation of the Indian Entity
• · Compliance with FDI regulations including FIPB approvals
• · Identification of suitable Indian Business Partner or associate
• · Feasibility studies including market studies
• · Business valuation and Goodwill valuation

Due to its exposure and experience of providing assistance to Indian as well as foreign companies in this area, MSN is in a position to offer practical solutions keeping in view the special requirements of the foreign entities and peculiarities of the Indian system.

The globalisation has opened opportunities for established Indian businesses to expand and tap overseas markets. Indian corporates and exporters often need to set up overseas operations for marketing of their products/services or for expansion of their business. It is today possible to have a suitable presence overseas matching with existing Indian operations. MSN offers total assistance services to Indian corporates

• Business plans and studies for overseas ventures
• Setting up overseas branches, overseas subsidiaries and Joint Ventures
• Compliance with Reserve Bank procedures for overseas ventures
• Transfer pricing issues
• Overseas holding companies

Liberalisation of the Indian economy caused Indian corporates witnessing competition with new players and products in the market. There is no certainty that the many existing business shall survive in the same form even few years from now.

MSN use the opportunity in change for continuous growth and prosperity. All other resources are manageable and are available. MSN offers total services to meet the challenge the Indian Industry faces today:

• Business advisory services for today's competitive business requirement
• Feasibility studies
• Business, partnership, joint venture, franchise tie ups
• Analysing Government Policies
• Business Restructuring
• Overseas offices and Ventures
• Employee Stock option schemes
• Due diligence services

Financial Consultancy

MSN help businesses planning cash flow, achieving growth, and getting timely & accurate information to support business decisions. Our objective is to provide our clients with the means to prosper and achieve their greatest potential. MSN strengthen businesses achieving their financial functions by providing various services as

• Internal Control Reviews
• Accounting Procedures Documentation
• Cash Flow Planning and Management
• Operational Audits
• Break-Even Analyses
• Identifying Financing Alternatives
• Analyzing Financial Capacity
• Planning, Valuing businesses
• Purchase Investigations
• Due Diligence Reviews
• Lease-Buy Analyses
• Forecasts and Projections