Comprehensive professional services within the ICAI framework
Garry & Associates offers a comprehensive range of professional services designed to meet the evolving needs of businesses and individuals. Our practice spans audit and assurance, direct and indirect taxation, financial advisory, regulatory compliance, accounting, and valuation support.
Every engagement is conducted in strict adherence to the standards issued by the Institute of Chartered Accountants of India, the Chartered Accountants Act, 1949, and applicable statutory and regulatory frameworks. Our approach combines technical rigour with a deep understanding of the Indian regulatory landscape.
Each area of practice is backed by qualified professionals committed to accuracy, ethical conduct, and timely delivery.
Statutory audits, internal audits, tax audits, and concurrent audits conducted in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India (ICAI).
Our audit practice covers the full spectrum of assurance engagements. We perform statutory audits under the Companies Act, 2013, tax audits under Section 44AB of the Income Tax Act, 1961, and internal audits designed to strengthen internal controls and operational efficiency. Concurrent audit engagements are undertaken for banking and financial institutions in line with RBI guidelines.
Comprehensive direct and indirect tax services including Income Tax compliance, GST registration, return filing, refunds, assessments, and strategic tax planning within the legal framework.
Our taxation practice addresses both direct and indirect tax requirements for individuals, businesses, and entities. We assist with income tax return preparation, advance tax computation, assessment representation before tax authorities, and strategic tax planning. On the indirect tax front, we handle GST registration, monthly and annual return filing, refund claims, and compliance advisory.
Professional advisory on financial planning, analysis, projections, budgeting, and decision-making support within the scope permitted to Chartered Accountants.
We provide financial advisory services that help businesses and individuals make informed decisions. Our advisory practice includes financial analysis, cash flow projections, budgeting, feasibility studies, and management reporting. All advisory work is conducted within the professional scope defined by ICAI and applicable regulations.
Assistance with compliance requirements under the Companies Act, 2013, ROC filings, FEMA compliance, and other statutory and regulatory obligations.
Navigating India's regulatory landscape requires careful attention to detail and current knowledge of statutory requirements. We assist clients with company incorporation, annual compliance, ROC filings, board and general meeting procedures, and compliance with the Foreign Exchange Management Act (FEMA). Our team ensures that all filings and procedures are completed accurately and within prescribed timelines.
Comprehensive bookkeeping, financial statement preparation, and accounting support in accordance with Indian Accounting Standards (Ind AS / IGAAP).
Accurate and timely accounting forms the foundation of sound business decisions. We provide end-to-end accounting services including day-to-day bookkeeping, ledger maintenance, bank reconciliation, and preparation of financial statements in compliance with Indian Accounting Standards (Ind AS) and Indian Generally Accepted Accounting Principles (IGAAP).
Analytical support for valuation-related assessments, financial modelling, projections, and budgeting within the professional framework.
We provide analytical and computational support for business valuations, share valuations, and asset assessments. Our work includes financial modelling, preparation of projections, discounted cash flow analysis, and comparable analysis. All valuation support is rendered within the professional scope and ethical guidelines prescribed by ICAI.
Every engagement follows a structured, transparent methodology that ensures consistency, quality, and adherence to professional standards across all service areas.
We begin with a thorough consultation to understand the scope of the engagement, the client's requirements, applicable regulations, and the specific deliverables expected. This includes a review of existing documentation and identification of key stakeholders.
A detailed engagement plan is prepared outlining the methodology, timelines, resource allocation, and applicable professional standards. The plan is discussed with the client for alignment before commencement of work.
The engagement is executed with meticulous attention to detail, applying the relevant Standards on Auditing, accounting standards, and statutory provisions. Regular progress updates are provided to ensure transparency throughout.
All work undergoes rigorous internal review for accuracy, completeness, and compliance. Our quality control procedures are designed in line with the Statement on Quality Control issued by ICAI.
Final reports, opinions, and deliverables are presented within agreed timelines. We remain available for clarifications, follow-up queries, and ongoing advisory support as needed by the client.
All services are rendered in strict compliance with the professional and ethical standards that govern the practice of Chartered Accountancy in India.
All engagements comply with the Standards on Auditing (SAs), Accounting Standards (AS / Ind AS), and other technical standards issued by the Institute of Chartered Accountants of India.
Our practice upholds the Code of Ethics issued by ICAI, which mandates integrity, objectivity, professional competence, confidentiality, and professional behaviour in all professional relationships.
Internal quality control procedures are maintained in accordance with the Statement on Quality Control for firms performing audits and reviews of financial statements, ensuring consistency and reliability across all engagements.
If you require professional assistance in any of the above areas, we invite you to reach out to our office. We are happy to discuss how we can support your specific requirements.