Oswal & Heda | Services

Services We Provide

“Oswal & Heda not only provide the clients with business solutions under one roof but also timely and regularly upgrade their knowledge. We believe in partnering with our client and not being a distant service provider. Since businesses are inherently different, we tailor our services to meet client’s specific needs and banish the “one-size-fits-all” standardization. We believe to stay ahead in the changing economy to provide our clients with the most consistent and prompt quality services and have a collective experience of over years having worked with varied industries like Information Technology, banks, heavy engineering, automotive ancillaries, paper manufacturing, consumer durables and so on..”

Auditing & Assurance Services

We provide various Auditing & Assurance Services to Companies and Firms and Trusts. Audit includes through verification of evidences, vouchers & certifications. We also provide following services.


  • Statutory Audit under Companies Act 2013
  • Tax Audit under Income Tax
  • GST Audits
  • Internal Audits
  • Management Audits
  • Stock Audits
  • Trust Audits
  • Special Purpose Audits & Certifications
  • Foreign Exchange Remittance Certifications such as Form 15CB / 15CA
  • Peer Review Certifications for Listed Companies

Book Keeping & Outsourcing

Outsourcing help companies to focus on their core activities and also achieve high level of compliance. We provide accounting outsourcing services for Tally and Quick Books as well.


Income Tax Advisory

Income tax consultancy with effective tax strategies, form an integral part of our advisory. We provide income tax advice to companies as well as non-companies clients. We provide income tax advice in the following areas.


  • Corporate Tax Matters
  • Foreign Company Taxation
  • Transfer Pricing
  • Individual & Non-Resident Indian Tax Matters

GST & Compliance

We provide complete GST advisory & Compliance services including registrations, returns, tax advisory & GST Audits to businesses in India.


Company Formation in India

We advise of the right model of business and legal structure of the business entity. We assist to incorporate Private Limited, Public Limited, Limited Liability Partnerships (LLP), One Person Companies, Section 8 Companies in India and provide the complete solution for incorporation in India. We also assist to incorporate other formats such as.


  • Proprietorship Concern
  • Partnership Firms,
  • Trusts

Foreign Company Set-ups In India (India Entry Services)

We advise foreign entity for setting up subsidiaries, liaison offices, branches offices & project offices in India. Generally a Joint Venture (JV) is a way to enter the Indian market in sectors where in there is a legal requirement for a local partner or there is a % cap on foreign investments. But a foreign company with eligibility for a 100% subsidiary can also go through a Joint Venture (JV). We Offer following Services .


  • Finding a Joint Venture partner company for an interested Indian company or finding a partner comp
  • Managing finances, Tax and compliance management, repatriation of funds to the foreign entity, ET
  • Support in acquiring office space, infrastructure, property for building a manufacturing unit, LIA
  • Advice on Foreign Exchange Law Matters, Corporate Structuring, Rules & Taxation

Company Law Services & Compliance

Indian companies are governed by Companies Act 2013 and every Company has to comply with various statutory provisions as per different sections of Companies Act 2013. We provide complete services for Company Law Compliances such as:.


  • Filling of various Forms for Director Changes, Name Changes, Office Changes, etc.
  • Conducting Board & shareholders Meetings
  • Drafting & Maintenance of Minutes of Meetings
  • Filling of Annual Returns

Transfer Pricing

We advise companies having commercials transactions with its international associate enterprises for tax planning, Calculation of Arm’s Length Pricing, documentations, certification under Transfer Pricing Rules in India. .


Subsidies & Government Grant Advisory

We advise many Companies in getting subsidies and grants for their businesses in India. We assist companies to get approvals and funds under Maharashtra State Packaged Scheme of Incentives 2013 (PSI 2013). This scheme is very useful for setting up of new projects in Maharashtra. The subsidy is a basket of 3 parts i.e: .


  • Refunds of VAT/CST/GST paid to government
  • Interest subsidy
  • Electricity Duty reduction

Indian GAAPs, IND-AS & IFRS Advisory Services

In 2015, the Ministry of Corporate Affairs has issued a notification stating a roadmap for implementation of IND-AS converged with IFRS. IND-AS are required to be adopted in a phased manner for the financial year beginning on or after 1 April 2016 with comparatives for the year ending 31 March 2016 for certain class of companies. Accordingly, the following companies are required to adopt Indian Version of International Financial Reporting Standards, (IFRS) i.e. IND AS : For The Accounting Period Beginning On or After 1 April 2016 (Phase 1).


  • Unlisted companies having a net worth of Rs. 500 crores or more.
  • Holding, subsidiary, joint venture or associate companies of the listed and unlisted companies cover
  • Comparative for these financial statements will be periods ending 31 March 2016 or thereafter.

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