ASDHA Associates & Adhikari Associates

Welcome to ASDHA Associates and

Adhikari Associates

We offer a broad range of services in Book Keeping, Audit & Assurance, Finance and Taxation.

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About Us

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ASDHA Associates & Adhikari Associates team offers a broad range of services in Book Keeping, Audit & Assurance, Finance and Taxation, designed to help our clients maximize their business potential.

Philosophy

Our underlying philosophy is to provide a growth path to our clients and at the same time leverage our own skills, industry knowledge and connections to support our clients.

  • We ensure that the business is fully analyzed, optimized, supervised, controlled, and reported, making it easier to operate efficiently and effectively and focus on organization growth objectives.

  • With a dedicated, highly energetic and experienced team, we are committed to understanding and keeping ourselves relevant to latest market developments and knowledge for providing quality services to clients' business growth journey.

Our Major Clients

SKS Fine Chem

G M Thakur City

Gayatri Surgical

Boisar Wine Centre

Shraddha Safety

DPAC Electric Technologies


Shree Ganesh Enterprises & Co.

Moltus Research Laboratories

Dharmit Recycling Industry

Nandolia Organic Chemicals

Many More

Portfolio

Check our Portfolio

Our team has done very well in

GST Return Filing
Accounting
Income Tax Return Filing
GST Registration

Team

Our Hardworking Team

ASDHA Associates & Adhikari Associates

Ashutosh Sudam Adhikari

B.Com.

He has completed his graduation in the field of commerce from the University of Mumbai. He is the founder member of ASDHA Associates and Adhikari Associates. He started his career in the field of accounting, taxation and auditing in the year 2014. Post qualification he started working with C.A. firm in boisar before starting his own firm. He has extensive experience in the field of Accounting, Income Tax, GST, MVAT, Statutory Audit and Tax Audit of firms which includes Restaurants and Bars, Service and Manufacturing units. He focuses on exploring opportunities and leveraging them to enhance the growth and expansion of the firm.

Sumitkumar Vishwanath Singh

M.com., LL.B., PGDFM

He is an on roll Advocate of the Bar Council of Maharashtra & Goa. He has completed his Bachelor of Commerce, Master of Commerce and Post Graduation Diploma in Financial Management and Bachelor of Law and pursuing Mater of Law from the Mumbai University. Post Qualification, he trained himself with CA Firms in Boisar and Palghar, where he has working experience of some prominent clients from service, manufacturing & trading sector. He thought of moving to practice to follow his passion. His expertise lies in the area of indirect tax, direct Tax, labour laws and other civil laws matter Consulting. He has been helping clients for accounting, taxation Impact Analysis, Implementation and Compliance.

Dharamveer Ambikaprasad Vishwakarma

M.Com.

Dharamveer Ambika Prasad Vishwakarma is a tax professional with 6+ years of experience & domain knowledge which many of his assignments have provided. He has qualified his graduation and post graduation in commerce from University of Mumbai. He is the founder of ASDHA Associates and strated serving clients in the field of accounting, taxation & financial consultancy.

Services

Take a look at our Services


Taxation

Income Tax

Return Filing
According to income tax rules filing of return of income is mandatory if individuals gross total income exceeds 2,50,000 in a financial year
TDS
The concept of TDS (Tax Deducted at Source) was introduced with an aim to collect tax from the various sources of income
Form-16
Document issued by employer to their employees.
Audit
Audit is to ensure that you or your business abides by the tax laws put in place by the Income Tax Act of India. Once complete, the tax audit makes it easy for you to file tax returns.
PAN/TAN
PAN enables the department to identify/ link all transactions of the PAN holder with the department. These transactions include tax payments, TDS/TCS credits, returns of income, specified transactions, correspondence etc
TAN is to be obtained by all persons who are responsible for deducting tax at source (TDS) or who are required to collect tax at source (TCS)
Scrutiny / Assessments
The objective of scrutiny assessment is to confirm that the taxpayer has not understated the income or has not computed excessive loss or has not underpaid the tax in any manner. Therfore the assesse need to prove that he has declared all his income

GST

Registration
To levy GST on output supplies and claim input tax credit a dealer needs to get registration certificate from GST department
Monthly / Quarterly (1/3B) Return
Detail of output supplies are shown by filing GSTR-1/IFF
Difference between output tax and input tax credit is paid by the registered dealer and GSTR-3B is filed
E-Way Bill
In Maharashtra, if movement of goods using motor vehicle is above INR 50,000 (Inter-State) or INR 1,00,000 (Intra-State) it is mandatory to generate E-Way Bill
Cancellation of RC & Final (10) Return
If in any case the business is no more in existence the registered dealer can apply for the cancellation of registration certificate.
Once the GST department approves the cancellation of registration certificate the dealer need to file the last return that is GSTR-10
LUT
LUT is letter of undertaking given by a GST registered dealer to GST department when the dealer is about to export the goods or services without leving GST on it .
E-Invoicing
E-invoicing is mandatory for business having turnover greater than 10 crores
Scrutiny / Assessments
The objective of scrutiny assessment is to confirm that the taxpayer has not understated the income or has not computed excessive loss or has not underpaid the tax in any manner. Therfore the assesse need to prove that he has declared all his income
Annual /Audit (9/9C) Return
Summary of annual transactions as shown in GSTR-1 and GSTR-3B is presented in particular form (GSTR-9) is submitted to the GST department so that they can critically analyze the same.
The reconciliation statement between supplies as per GSTR-1/ GSTR-3B/ Sales Register/ Profit and Loss account is presented in GSTR-9C

MVAT

Registration
There are many businesses which come in the purview of MVAT, but nowadays only petrol pump, Bars, Wine/ Beer shops are covered in the scope of MVAT
Monthly / Quarterly (231/233) Return
Petrol pump dealers have been exempted from filing MVAT return only the Bars have obligation to file their MVAT returns
Audit (704)
When tax on sales exceeds Rs 25,000 the dealer needs to get their books of accounts audited by a chartered accountant
Scrutiny / Assessments
If government wants to cross verify whether MVAT paid are in compliance with books of accounts and other levied records then the department can go for scrutiny and assessments.

Compliances

Auditing and Assurance

Internal Financial Audit
When a management wants to know whether books of accounts are maintained properly then they can appoint an internal auditer. There is no prescribed qualification of internal auditor. The internal auditor should have the expert knowledge of what is going to be audited by him.
Trust Audit
In association of person’s need to verify the receipts and payments of their organization by a qualified accountant.
Housing Society Audit
Every housing society need to conduct audit of their books of accounts by a GDCA

Contact

Contact Us

Our Address

Mumbai, Maharashtra

Email Us

asdhaassociates@gmail.com

Call Us

+91 92841 44572

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