N S Mehta & Associates

Our Services

Focused advisory and compliance solutions designed for growing businesses, established enterprises, and investment-focused organizations.

Alternative Investment Funds (AIFs)

Specialized support for AIF schemes covering audit, investor documentation checks, PPM audit, taxation workflows, and SEBI/RBI compliance reporting.

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Accounting Services

Operational accounting support across onboarding, GL management, receivables, payables, bank accounting, fixed assets, and statutory financial statement assistance.

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Transition to Ind AS

End-to-end transition support including diagnostic review, policy redesign, opening balance sheet preparation, comparative reporting, and post-transition compliance support.

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Audit & Assurance Services

Independent assurance services including statutory audit, limited review, tax and special audits, internal audit, and focused certifications for regulatory and banking needs.

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Direct Tax Compliance Services

Recurring and annual direct tax compliance support including advance tax, withholding, return filing, SFT reporting, and specialized FATCA/CRS and PAN/TAN assistance.

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Indirect Tax Compliance Services

GST compliance support across monthly/annual returns, ITC reconciliation, reverse charge analysis, departmental audits, registrations, refunds, and e-invoicing enablement.

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Representation Services

Representation support before tax authorities for assessment, appeals, ITAT matters, GST notices, adjudication hearings, and post-order advisory actions.

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Tax Advisory Services

Advisory on direct and indirect tax positions, contract taxability, withholding tax applicability, and planning approaches grounded in law and practical execution.

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Transition as per IND AS 118

As per Ind AS 118, which replaces Ind AS 1, transition is required to be applied retrospectively from its effective date (currently applicable from 1 April 2027), with mandatory restatement of comparative figures in accordance with the principles of Ind AS 8; accordingly, entities must reclassify prior period income and expenses into the newly prescribed categories of operating, investing, financing, income taxes and discontinued operations, present newly mandated subtotals such as operating profit and profit before financing and income taxes, provide required disclosures and reconciliations for management performance measures (if any), and enhance disaggregation disclosures, while noting that the standard generally impacts presentation and disclosure rather than recognition or measurement, and therefore does not ordinarily result in adjustments to opening equity except in limited cases arising from reclassification effects.

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Need a Customized Solution?

Our multi-disciplinary team is ready to craft the perfect advisory solution for your unique business challenges.