Our Services

At K B S R & Co, audit engagements are always partner-led. We apply systematic, risk-based audit methodology to provide independent assurance on your financial statements — and turn our findings into practical recommendations your management can act on.

• Statutory Audit (Companies Act 2013 & applicable standards)
• Tax Audit under Section 44AB of the Income Tax Act
• Internal Audit & Internal Control Reviews
• Concurrent Audit for banks and financial institutions
• Stock Audit & Inventory Verification
• Management Audit & Operational Efficiency Review
• Audit under GST, FEMA and other regulatory frameworks
• Special Purpose Audit Reports for lenders, investors and regulators

Our income tax practice covers individuals, HUFs, partnerships, LLPs, companies and trusts. We go beyond filing returns — we help you understand your tax position, structure transactions efficiently and respond robustly to any scrutiny from the department.

• Individual, HUF, firm, LLP and corporate return filing
• Tax planning and structuring for businesses and promoters
• TDS computation, payment and quarterly return filing
• Advance tax computation and payment scheduling
• Handling scrutiny assessments and notices under Sections 143, 147 & 148
• Drafting of replies and submissions to Income Tax Authorities
• Form 15CA/CB for foreign remittances
• Capital gains planning on property, shares and other assets

GST compliance is an ongoing obligation that touches every transaction. Our team keeps your GST filings accurate and timely, reconciles ITC, and provides proactive advisory to ensure you never pay more tax than you owe — or face penalties for avoidable errors.

• GST registration — regular, composition and voluntary
• Monthly / quarterly return filing (GSTR-1, GSTR-3B, GSTR-9, GSTR-9C)
• Input Tax Credit (ITC) reconciliation with GSTR-2A/2B
• GST refund applications and follow-up
• Annual GST Audit and Reconciliation Statement
• E-way bill management and advisory
• GST advisory on classification, valuation and place of supply
• GST litigation — SCN replies, appeals and AAR applications

Facing a tax notice, assessment or appeal is stressful. Our Founder, Karri Bulliswamireddy, specialises in income-tax and GST litigation — combining detailed knowledge of tax law with practical experience before assessing officers, CIT(A) and the ITAT. We prepare every case to withstand scrutiny and present arguments with clarity and confidence.

• Response to income-tax notices under Sections 131, 142, 143(2), 148 and 263
• Representation at scrutiny assessments and re-assessments
• Appeals to Commissioner of Income Tax (Appeals) — CIT(A)
• Income Tax Appellate Tribunal (ITAT) appearances and briefs
• GST Show Cause Notice (SCN) replies and personal hearings
• GST appeals at First Appellate Authority and GST Appellate Tribunal
• Advance Ruling applications (Income Tax and GST)
• Settlement and compounding applications

When irregularities are suspected — or confirmed — in a business's financials, you need more than an accountant. You need a forensic mind. Led personally by Karri Bulliswamireddy, our forensic practice conducts independent, objective reviews that stand up to legal scrutiny and provide actionable findings for management, boards, lenders and law enforcement.

• Forensic Audit of books of accounts and transaction records
• Fraud Risk Assessment and internal control gap analysis
• Fund tracing — identification and mapping of suspicious fund flows
• Employee fraud investigation and misconduct reviews
• Vendor/procurement fraud analysis
• Investigative reporting for management, boards and regulatory bodies
• Expert witness support and litigation assistance
• Pre-investment and pre-acquisition forensic due diligence

Good accounting is the foundation of every other financial decision. Our bookkeeping and accounting team maintains your records accurately and in a format ready for audit, compliance and management review — using modern cloud-based tools that give you real-time visibility.

• Day-to-day bookkeeping (cloud and desktop accounting software)
• Monthly MIS reports — P&L, balance sheet, cash-flow summary
• Bank reconciliation and creditor/debtor management
• Payroll processing — salary computation, statutory deductions (PF, ESI, PT)
• Payroll compliance — ECR filing, Form 16, Form 12BA
• Accounts outsourcing for SMEs and professional firms
• Fixed asset register maintenance and depreciation schedules
• Year-end closing and trial balance preparation

Not every business needs a full-time CFO — but every growing business benefits from CFO-level thinking. Karri Sai Bhaskar Reddy leads our Virtual CFO practice, providing strategic financial oversight, investor-ready reporting and decision-support on a flexible, outsourced basis.

• Virtual CFO retainer — monthly / quarterly financial oversight
• Annual budgeting and financial planning
• Cash-flow management and working capital optimisation
• MIS dashboards and KPI reporting for management and investors
• Financial modelling and scenario analysis
• Business valuation and investor/lender presentation support
• Due diligence support for fundraising and M&A
• Cost analysis, pricing strategy and margin improvement advisory

Corporate governance and ROC compliance is non-negotiable for companies and LLPs. Our secretarial practice handles incorporation, annual statutory filings and ongoing governance requirements — so you never miss a deadline or face a penalty from the Registrar of Companies.

• Company / LLP / OPC incorporation (MOA, AOA, PAN, TAN)
• Annual filings — AOC-4, MGT-7, LLP Form 11 & Form 8
• Maintenance of statutory registers and minutes books
• Board resolutions, EGM/AGM documentation
• Director KYC (DIR-3 KYC) and DIN-related filings
• Change of name, registered office, object clause amendments
• Share transfers and allotment filings
• Strike-off / winding-up and LLP dissolution support

Starting a business involves more than a good idea — it demands the right legal and regulatory foundation. Our startup and registration practice gives entrepreneurs and SMEs a single point of contact for every licence, registration and regulatory approval they need to operate confidently.

• Private Limited Company, LLP, OPC and Partnership registration
• MSME-Udyam Registration
• Import Export Code (IEC) registration
• FSSAI registration and licensing (food businesses)
• Trademark application and registration support
• Section 12A and 80G registrations for NGOs and trusts
• Startup India recognition and DPIIT registration
• Professional Tax, Shop & Establishment Act and labour law registrations

Banks and NBFCs require rigorous financial documentation before approving loans. Our project finance team prepares the reports and data presentations that meet lender requirements — improving your chances of approval and of securing the best terms available.

• Detailed Project Reports (DPR) for new ventures and expansions
• CMA (Credit Monitoring Arrangement) data preparation
• Working capital loan documentation and support
• Term loan and MSME loan application assistance
• MUDRA and government scheme application support
• Financial projections and sensitivity analysis
• Techno-Economic Viability (TEV) study support
• Bank liaison and follow-up during loan processing