Services
Specialised Services
Specialist Advice for Complex Regulatory, Transactional & Compliance Matters
Certain financial and regulatory matters require more than routine accounting or tax compliance. They involve multiple regulations, stakeholders, approvals and documentation.
At Bonada Advisory Group, we provide focused support for specialised assignments involving corporate compliance, related-party transactions, FEMA, cross-border investments, certifications and specialised tax requirements.
Our approach is practical and structured—understanding the transaction or requirement, identifying applicable regulations, assessing risks and documentation, and helping clients navigate the required compliance or approval process.
Services
01 Compliance & Secretarial Services Building a Stronger Compliance Framework
Businesses often have multiple statutory and regulatory obligations that need to be tracked, documented and monitored. We help businesses establish a structured compliance framework and provide ongoing support for applicable corporate and regulatory requirements.
Applicable to
Companies, LLPs and growing businesses with multiple statutory and governance requirements.
What we provide
- Review of applicable statutory and regulatory requirements
- Compliance calendar and obligation mapping
- Compliance monitoring and tracking
- Review of governance processes and controls
- Identification of compliance gaps
- Documentation and reporting support
- Ongoing compliance assistance
Typical requirements
Entity details, constitutional documents, previous filings, statutory registers, board/management records and details of applicable business activities.
Outcome
A more structured compliance framework with better visibility over upcoming obligations and potential gaps.
03 India Investment Roadmap Planning Your Entry or Expansion into India
Entering or expanding into India involves decisions around business structure, taxation, regulatory requirements, funding, repatriation and ongoing compliance.
We help investors and international businesses understand the key considerations before establishing or expanding their Indian presence.
Applicable to
Foreign investors, overseas businesses, NRIs, multinational groups and international promoters considering investment or business operations in India.
What we provide
- Preliminary regulatory and tax assessment
- India entry-structure considerations
- Investment and funding considerations
- Tax and compliance roadmap
- Repatriation considerations
- Ongoing compliance requirements
- Coordination with relevant professional specialists, where required
Typical requirements
Nature of proposed investment/business, investor profile, proposed ownership structure, source of funds, business model and expected transactions.
Outcome
A clearer roadmap for evaluating and implementing an India investment or expansion strategy.
04 FEMA & Cross-Border Regulatory Advisory Navigating India’s Foreign Exchange Regulations
Cross-border transactions can trigger FEMA, RBI reporting and approval requirements. We assist clients in assessing the regulatory implications and addressing compliance gaps.
Applicable to
Indian companies and individuals undertaking inbound or outbound investments, foreign funding, overseas transactions or other cross-border activities.
Our FEMA services include
- Investment Structuring – Inbound & Outbound
- Advisory on the regulatory considerations for investments into India and overseas investments by Indian entities/residents.
- Cross-Border Funding & Borrowings
- Guidance on regulatory considerations relating to foreign funding, borrowings and related transactions.
- Regulatory Compliance & Filings
- Assistance with applicable FEMA/RBI reporting, documentation and compliance requirements.
- RBI Approvals & Representation
- Support in understanding approval requirements and assisting with applications, representations and regularisation of identified non-compliances, where applicable.
- FEMA Exposure Review
- Review of existing transactions to identify potential FEMA issues, documentation gaps and areas requiring corrective action.
Typical requirements
Transaction history, agreements, investment details, remittance records, shareholding structure, previous FEMA/RBI filings and supporting documentation.
Outcome
A structured assessment of the transaction and its FEMA implications, together with guidance on required compliance or corrective steps.
05 Regulatory Certifications Professional Certification for Specific Business & Regulatory Requirements
Certain transactions, applications and regulatory processes require certification by a Chartered Accountant or other authorised professional.
We provide certifications within our professional scope based on the underlying records, documents and applicable requirements.
Applicable to
Businesses and individuals requiring professional certification for regulatory, statutory, tax or commercial purposes.
What we provide
- Understanding the purpose and applicable requirement
- Review of underlying books and records
- Verification of supporting documentation
- Appropriate reconciliations and checks
- Certification/reporting in the prescribed format, where applicable
- Identification of information gaps before certification
Examples may include
- Certificates under applicable corporate/statutory requirements
- Bonus-related certificates, where applicable
- Financial or tax-related certifications
- Certificates required for regulatory submissions
- Other professional certifications falling within our permitted scope
Typical requirements
The prescribed form/certificate requirement, financial records, supporting documents, relevant agreements and underlying transaction data.
Important
Certification will be undertaken only where the applicable law permits certification by the relevant professional and sufficient supporting evidence is available.
06 High-Net-Worth Tax Preparation Tax Compliance for Complex Personal Financial Situations
High-net-worth individuals often have multiple income streams, investments, capital gains, property, overseas assets, ESOPs/RSUs or other complex financial interests. Their tax compliance requires a more comprehensive review than a standard return-preparation exercise.
Applicable to
High-net-worth individuals, promoters, entrepreneurs, senior executives, professionals, investors and individuals with complex financial affairs.
What we provide
- Comprehensive tax return preparation
- Review of multiple income sources
- Capital gains computation and review
- ESOP/RSU taxation
- Foreign income and asset reporting, where applicable
- Investment and property-related tax review
- TDS/AIS/Form 26AS reconciliation
- Tax planning and compliance review
- Review of supporting documentation
Typical requirements
Form 16, AIS, Form 26AS, investment statements, capital gains statements, property details, bank statements, foreign income/asset information and other relevant financial documents.
Outcome
A comprehensive view of the individual’s tax position, with identified compliance requirements and potential areas requiring attention.
07 Senior Citizen Tax Care Because tax should be the least stressful part of retirement.
Specially designed tax assistance for senior citizens who value patience, clarity and personal attention.
Explore Senior Citizen Tax Care Discuss Senior Citizen Tax Care08 Tax Dispute Resolution & Representation When Tax Matters Require More Than Compliance
Tax notices, departmental audits and assessments can require timely responses, careful documentation and a clear understanding of the underlying transaction. BAG assists clients in assessing the issue, preparing appropriate responses and navigating the relevant stages of proceedings.
What we assist with
- Tax & GST Notice Management
- We help clients understand the nature and implications of notices received from tax authorities, identify the information required and coordinate the response process.
- Response to Departmental Audit & Objections
- Assistance in analysing audit observations, preparing responses to objections and supporting the client with relevant documentation and explanations.
- Show Cause Notices
- Review of the issues raised in a show cause notice, evaluation of the underlying facts and assistance in preparing an appropriate response.
- Tax Audit Representation
- Support in responding to queries arising from tax audit matters and assisting with clarification, documentation and representation within the applicable professional scope.
- Appeals & Representation
- Assistance with preparation and filing of appeals and representation before the relevant authorities and forums, including matters that may proceed up to the Tribunal, subject to the applicable scope and requirements.
- Advance Ruling Support
- Assistance in evaluating the applicability of advance ruling provisions, preparing the necessary documentation and supporting the application process.
Our approach
- Understand the issue
- Review the facts
- Assess the tax position
- Prepare the response
- Support representation
Applicable to
- Income-tax notices and proceedings
- GST notices and departmental proceedings
- Tax audit objections
- Show cause notices
- Assessment-related matters
- Appeal matters
- Advance ruling requirements
A tax notice does not always mean a tax liability. It means the matter needs to be understood and responded to appropriately.
09 Slump Sale & Business Transfer Advisory Structuring the Transfer of a Business with Tax and Regulatory Clarity
A business transfer can involve significant tax, accounting, GST, documentation and regulatory considerations. In a slump sale, an undertaking or business is transferred for an overall consideration rather than assigning individual consideration to each asset and liability.
The structure and execution of the transaction can have significant implications for both the transferor and the transferee. We help clients evaluate the transaction before implementation and coordinate the financial and tax aspects of the transfer.
Our services include
- Transaction Structuring
- We assess whether a slump sale is appropriate for the proposed transaction and consider alternative structures based on the commercial objectives and applicable tax implications.
- Tax Impact Assessment
- We evaluate the capital gains and other relevant tax implications arising from the proposed transfer.
- GST Review
- We assess the GST implications of the transaction, including the treatment of the transferred undertaking and relevant input tax credit considerations.
- Transaction Documentation Support
- Assistance with reviewing the financial and tax aspects of the business transfer agreement and identifying information/documentation required for implementation.
- Capital Gains Computation
- Assistance with determining the applicable capital gains implications based on the transaction structure and available financial information.
- Chartered Accountant Certification
- Assistance with applicable CA certification requirements, including Form 3CEA, where required and within the applicable professional scope.
- Accounting & Financial Reporting
- Guidance on the appropriate accounting treatment and recording of the transaction by the transferor and transferee, based on the applicable accounting framework.
- Regulatory & Compliance Support
- Assistance in identifying relevant reporting and compliance requirements arising from the transaction, including applicable corporate and regulatory filings.
Applicable to
- Sale or transfer of an undertaking
- Business unit transfers
- Corporate restructuring
- Group reorganisations
- Sale of divisions or business verticals
- Strategic exits
- Acquisition of an operating business
What clients need to provide — typically, the initial assessment would require
- Details of the business/undertaking being transferred
- Proposed consideration and transaction structure
- Financial statements
- Details of assets and liabilities being transferred
- Existing agreements and transaction documents
- Tax and GST information
- Details of employees/contracts, where relevant
- Proposed transaction timeline
BAG approach
A business transfer is not just a transaction. It is a combination of commercial, tax, accounting and regulatory decisions. We help clients look at these elements together so that the transaction is structured thoughtfully, documented appropriately and implemented with greater clarity.
Get in touch
Have a specialised requirement?
Some matters require more than a standard compliance answer. Speak with a senior professional to understand the right approach for your situation.