Who Are We?

We are a team of advocates, tax consultants, financial advisers offering Business Taxation Services to the manufacturers, Traders, Dealers and service providers of the industry. Our services are sought for various commercial, legal and taxation complications.

Our Mission & Vision

Our mission is to provide exceptional tax solution, revenue work and Financial services to our clients.

Our primary purpose as an organization is to deliver high quality financial products both in appearance and content. We will continue to be known as the firm where personal attention will never become obsolete. We want to employ people who are extremely satisfied and who go the extra mile for clients. We want a culture of growth, profitability and enthusiasm throughout the firm.

WHY WE ARE THE BEST CHOICE?

We appreciate there are lots of companies to choose from and it can be daunting making the right decision for your business. Here at Evergreen we think we are the best at what we do and we are proud to measure our success on the great feedback and testimonials we get from our customers.

Tax Solution

Income Tax Return Filings

All businesses operating in India are required to file income tax return each year. In addition to filing income tax return, a business may also be required to file TDS return and pay advance tax to stay compliant under the Income Tax Act. Chaludiya & Co. is India’s largest tax services platform offering a range of services like incorporation, GST return filing, income tax filing and more. Chaludiya & Co. can help file income tax return for your business and ensure it remains compliant under the Income Tax Act and Rules. The average time taken to file an income tax return for your business is 3 to 5 working days. Get a free consultation on business tax return filing by scheduling an appointment with an Chaludiya & Co. Advisor.

GST Registration & Advisory

GST is the biggest tax reform in India, tremendously improving ease of doing business and increasing the taxpayer base in India by bringing in millions of small businesses in India. By abolishing and subsuming multiple taxes into a single system, tax complexities would be reduced while tax base is increased substantially. Under the new GST regime, all entities involved in buying or selling goods or providing services or both are required to register for GST. Entities without GST registration would not be allowed to collect GST from a customer or claim input tax credit of GST paid or could be penalised. Further, registration under GST is mandatory once an entity crosses the minimum threshold turnover of starts a new business that is expected to cross the prescribed turnover.

As per the GST Council, entities in special category states with an annual turnover of Rs.10 lakhs and above would be required to register under GST. All other entities in rest of India would be required to register for GST if annual turnover exceeds Rs.20 lakhs. There are also various other criteria’s, that could make an entity liable for obtaining GST registration – irrespective of annual sales turnover. Entities required to register for GST as per regulations must file for GST application within 30 days from the date on which the entity became liable for registration under GST.

Chaludiya & Co. is the leading business services platform in India, offering a variety of services like income tax filing, GST return filing, private limited company registration, trademark filing and more. Chaludiya & Co. can help you obtain GST registration in India and maintain GST compliance through a proprietary GST accounting software. The average time taken to obtain GST Certificate is about 5 – 10 working days, subject to government processing time and client document submission. Get a free consultation on GST and GST return filing by scheduling an appointment with an Chaludiya & Co. Advisor.

GST Filings

A GST Return is a document that is required to be filed as per the law with the tax authorities. Under the GST law, a taxpayer has to submit three returns on a monthly basis and one such return annually. All returns have to be filed online. Please note that there is no provision for revising the returns. All invoices of the previous tax period that went unreported must be included in the current month.

GSTR-1
Contains details of the outward supplies; has to be filed by 10th of every month.

GSTR-2
Contains details of inward supplies; due by the 15th of each month;

GSTR-3B
This is the monthly return and is due by the 20th of every month.

In addition to the monthly and quarterly returns, there is an annual return that needs to be filed by December 31. A requisite GST reconciliation statement has to be duly filed by the appointed chartered accountant.

Annual Filings & Book Keeping

Bookkeeping services are a must for all businesses to ensure timely and accurate operational / financial information is provided to the Management, Regulators and Investors. Also, it is a legal requirement for any business to maintain proper book of accounts to ensure that all relevant taxes are paid and tax filings are made on time. Hence, bookkeeping is an important function in any business or not-for-profit organization in India.

Bookkeeping is the process of recording financial transactions of a business in an accounting system and the creation of reports consolidating the accounting data entered into the system. Bookkeeping is a function of the accounting department in a business. However, many small businesses do not have fully fledged accounting departments and require external bookkeeping services. Chaludiya & Co. can help your business maintain its books through a network of Chartered Accountants and Business Experts across India. Talk to an Chaludiya & Co. Advisor to get quotes for bookkeeping services for your business today.

PAN Card (Individual, HUF & Comapny)

The Permanent Account Number (PAN) card, issued by the Income tax Department, is one of the most important documents nowadays. The card was issued in order to prevent tax evasion by individuals and entities as it links all financial transactions made by a particular individual or entity.

Revenue Work

If you’re running a business, you will require legal documents. Find any business legal form you need, and let our help you write it in a matter of minutes. Buying and selling property can be a real hassle, but it doesn’t have to be. Below we offer a set of agreements that make handling any type of property a breeze.These documents are for business, purchases, sales, transnational agreements, and other finance related legal affairs. Let our legal template builder help you create a legally binding document in minutes.

Rental Agreement & Legal Affidavit

A rental agreement protects the interests of both the landlord and tenant. The terms of the agreement bring clarity to the arrangement, such that the consideration, rights and obligations of both parties, and the rental term are established. In most Indian cities, rental agreements last only 11 months to protect against rental control laws. Agreements with a longer term need to be registered.

An affidavit is a type of verified statement or showing, or in other words, it contains a verification, meaning it is under oath or penalty of perjury, and this serves as evidence to its veracity and is required for court proceedings.

Shop & Establishment Registration

What is Shops & Establishments Act?

The Shops and Establishments Act regulates conditions of work, lists rights of employees in the unorganised sector and provides a list of obligations for every employer. It applies nationwide to shops, commercial establishments, hotels, restaurants, eating houses, theatres and other places of public amusement or entertainments. Every shop and establishment is required to register itself under the Act within 30 days of commencement of work, whether or not it has employees.

When is a Shops and Establishments Act license required?

Every shop and establishment needs to register itself compulsorily under this Act within 30 days of commencement of work. As this is such a basic license, many other licenses require this as proof of a commercial business. For example, most banks will require you to furnish it if you want to open a current account. To get this license, you would need to provide the PAN card of the business owner or the business itself, a copy of the rental agreement or sale deed, and details of all the employees.

SSI/MSME Registration

Small Scale Industries (SSI) or Micro, Small and Medium Enterprises (MSME) can register themselves under the MSMED Act. It isn’t necessary, but very beneficial to do so, as it only exists to offer benefits to those registered under it. These benefits include priority sector lending, excise and direct tax exemptions, capital investment subsidies and power tariff subsidies. To qualify as an MSME, manufacturing enterprises need to have investment of less than Rs. 10 crore in plant and machinery, while service enterprises must have no more than Rs. 5 crore invested in plant and machinery. If, at any time, you cross this investment limit, you need to cancel your registration under the MSMED Act.

Is SSI/MSME Registration voluntary or mandatory?

The SSI Registration is only needed to avail of subsidies and benefits. It is absolutely voluntary. However, as it is a fairly easy registration to get quickly (provided you have a manufacturing plant or a commercial space where you render services), many business opt for it over other registrations.

MSME stands for micro, small and medium enterprises and any enterprise that falls under any of these three categories. MSME enterprises are the backbone of any economy and are an engine of economic growth, promoting equitable development for all. Therefore, to support and promote MSMEs, the Government of India through various subsidies, schemes and incentives promote MSMEs through the MSMED Act. To avail the benefits under the MSMED Act from Central or State Government and the Banking Sector, MSME Registration is required.

Micro, Small and Medium sized enterprises in both the manufacturing and service sector can obtain MSME Registration under the MSMED Act. Though the MSME registration is not statutory, it is beneficial for business at it provides a range of benefits such as eligibility for lower rates of interest, excise exemption scheme, tax subsidies, power tariff subsidies, capital investment subsidies and other support. Chaludiya & Co. can help your business obtain MSME Registration to avail a host of benefits.

Sale, Gift & Partnership Deed

The lawful owner of a property can transfer it to another party without any monetary consideration through a gift deed. All such deeds must be signed by the donor, attested by 2 witnesses and then registered. Charges will vary in each state as stamp duty must be paid on the value of the property. Generally, such gifts are given by one family member to another, but there is no such restriction. However, gifts from relatives (and wedding gifts) are exempt from tax.

Now that you’ve found the place you want to buy or found a buyer for your property, you need an agreement prepared. There is no underestimating this document, given the large sums involved in property deals. The agreement between you and the other party should cover comprehensively the terms on which the sale will take place, the conditions, and the date on which the sale will be completed. Sale Deed is the document that would be executed once final possession is given.

A partnership deed is a written legal document to avoid unnecessary misunderstanding, harassment and unpleasantness among the partners in the event of any dispute. For mutual benefit, the registration of Deed of Partnership is made under the Indian Registration Act, 1908 so as to avoid apprehension of the Deed of partnership being destroyed or mutilated in the possession of the partners. However, a partnership firm can also be created without registration under the Indian Registration Act, by just entering into a deep of Partnership. An instrument of partnership may be constituted by more than one document, meaning an amendment agreement can be added to a partnership deed at anytime to change the terms of a Partnership Firm.

Financial Services

Company Registration

The private limited company registration process is completely online, so you don’t even need to leave your home to get your entity registered within 14 working days. At Vakilsearch, we are continuously available to help you understand how to register a private limited company. Company Registration in India can be done through VakilSearch in all major cities, including Hyderabad, Mumbai, and New Delhi, Chennai, Kolkata & all other Indian cities.

A detailed explanation of the procedure now follows, along with expected timelines and charges involved. We’ve also answered FAQs and suggested best practices for your application; however, if you still have questions, feel free to contact us at [email protected] and we’ll get back to you as soon as we can.

Obtaining DSC and DIN
Only a single director needs to have a Class-2 Digital Signature Certificate (DSC), which is needed to sign electronic documents. To get one, all you need is a self-attested copy of the director’s PAN card and address proof (latest utility bill, passport, driver’s license of voter’s ID). This can be completed in 2 days.

Application for Company Name
You need to now ensure that your name has not already been taken. This can be done by running a company name search. If you are disappointed that a preferred name is taken, do remember that the name of your company doesn’t have to be your brand name. However, if you’re going to register the brand name, also check if it has already been trademarked at http://www.ipindia.gov.in/. If it has been trademarked, you would need a no-objection certificate from its owner to have it approved as your company’s name.

Secondly, you need to comply with the MCA guidelines. You can do so by ensuring that the name has a unique component and a descriptive component.

Company Registration Form & MoA & AoA Submission
Once you have your name, you need to get the Memorandum & Articles of Association approved. Here are all the other documents you’ll need in order:

Copy of Rental Agreement (along with NOC from owner)/Sale Deed
1) Latest Utility Bill
2) Affidavit from director and shareholders
3) Copy of PAN card, Identity and Address Proof for DIN for up to 3 directors
4) With these ready, you can submit the company registration form INC-32 (also known as Spice).

Company Incorporation Certificate
Once your MoA and AoA are approved, you’re almost there. You can now get your company incorporation certificate by submitting all the above-mentioned documents to the RoC. This can take anywhere from 48 hours to even two weeks. On arrival of the company incorporation certificate, your company is registered.

Trademark

A trademark is any unique expression related to a product or service that distinguishes it from others. This expression could be a word, slogan, photograph, logo, graphic, colour combination, sound or even smell; however, most businesses are only looking for a brand name registration or logo registration. Owners of trademarks have exclusive rights to their use under the categories they are registered in (there are a total of 45 categories, called classes).

Trademark registration enables owners to easily establish their right to the trademark in court and earn royalties. It also deters piracy and prevents similar company names from being registered by other businesses. You can conduct a trademark search, to check if your brand name clashes with existing trademarks. In India, you could get a ™ within three days, but it takes up to two years for it to be registered so that you can use the ® symbol.

Digital Signature

A Digital Signature is the equivalent of a physical signature in electronic format, as it establishes the identity of the sender of an electronic document in the Internet. Digital Signatures are used in India for online transactions such as Income Tax E-Filing, Company or LLP Incorporation, Filing Annual Return, E-Tenders, etc., There are three types of Digital Signatures, Class I, Class II and Class III Digital Signature. Class I type of Digital Signatures are only used for securing email communication. Class II type of Digital Signatures are used for Company or LLP Incorporation, IT Return E-Filing, Obtaining DIN or DPIN, and filing other forms with the Ministry of Corporate Affairs and Income Tax Department. Class III type Digital Signatures are used mainly for E-Tendering and for participating in E-Auctions. Digital Signatures come in the form of a USB E-Token, wherein the Digital Signature Certificate is stored in a USB Drive and can be accessed through a computer to sign documents electronically.

With E-Return filing becoming mandatory for Income Tax Assesses with an income of over Rs.5 lakhs per annum, the requirement and prevalence of Digital Signatures has increased manifold. IndiaFilings can help you obtain your Digital Signature hassle-free online. IndiaFilings is a Registered Partner of SIFY and E-Mudhra.

Home Loan

With attractive Home Loan interest rates and a host of benefits to suit your Finances, Home Loans are designed to help you get your dream home without hassle. Get the benefits of an easy balance transfer, a high-value and top-up loan. Apply for a Home.

Mortgage Loan

Don’t let your valuable property sit idle. Let it work for you. Get a loan against your property and use it for any purpose you need: acquiring an asset, business needs, etc.

Personal Loan

Lower Processing Fees,Lowest Interest Rate.

WHAT PEOPLE ARE SAYING

“Wonderful experience, know Umesh personally as a thorough professional and a good human being. Very prompt service and high quality. Fully satisfied with Chaludiya & Co. and they are a great value for the clients.” -Dhanvi Developer