More often than not, the tax filing and income tax returns process is quite nerve-racking for both businesses as well as individual taxpayers. In the current tsunami of reformation in the finance sector, enterprises face major challenges not only with the provisions of the Companies Act, Ind AS, Income Tax and GST, but also with frequent amendments by way of circulars & notifications. Often business owners fail to understand the connotation of the law, thus failing to craft an appropriate tax planning strategy for their enterprise.

This is precisely where Censeo Consultancy, a full service and specialized Tax advisory firm, comes into play. With a multi-disciplinary setup comprised of experts like CAs, CSs, Lawyers, and MBAs, Censeo acts as a one-stop-shop for solutions for advisory, risk management, internal audit, accounting, ROC and IBC, apart from taxation (both direct and indirect). Over the years, this Mumbai-based venture has developed niche expertise in handling litigation cases with the income tax department, and matters on Service Tax/ International Taxation/TP/FEMA/ED/RBI, Ind AS Implementation, GST advisory & returns filing, tax compliances and more. It has the flexibility to work with individuals & companies of any size (small & medium scale businesses).

Array of Offerings

“Combining our good knowledge of Ind AS, Indian GAAP, IFRS, auditing practices, latest taxation laws and a quality-driven delivery model, we offer progressive end-to-end outsourcing solutions,” avers Manish Kumar Agarwal, Director, Censeo Consultancy Pvt Ltd. Besides its flexibility and wide horizon of offerings, the unique methodology of mitigating client’s future risk along with their current ones has been instrumental in Censeo curating a bunch of loyal clients across industry verticals. This includes Manufacturing, Mining, EPC, Textile, Iron & steel, Import/Export, Hospitality, Logistics and more.

Unlike others, the venture examines not just the tax problem on a specific case basis, but scrutinizes it from various angles to offer a multidisciplined solution. “We work with a

motto to alleviate all our client’s tax related pains with, an overall perspective and multidimensional approach so that they don’t have to face similar or related problems in future. Our long-term problem analysis approach gives us the extra edge over our competitors,” professes Manish.

Standing true to its tagline ‘Think beyond, stay ahead’, Censeo uses advanced technologies, equips the entire team with suitable, & real-time information, and keeps them intellectually updated with the latest developments. Besides conducting online training for employees, this tech-friendly company implements in house documentation/trail system, ascertaining knowledge is transferred in every assignment. A separate TAT is maintained for each team member for resolving & reverting issues or escalating the matter to senior members, which in-turn helps in timely completion of the assignments without any follow-ups.

We work with a motto to serve all our clients tax related problem with overall prospective, so that they don’t have to face repetitive problems in future

Future Aspects

Having deep industry know-how, Censeo adheres to all the regulatory compliances & directives with respect to Income tax Act, GST Act, Companies Act, FEMA provision, RBI rules and others as applicable to ensure that all provisions are professionally followed at each work place.

Experiencing a satisfying revenue growth of 200 percent in the last financial year, Censeo is soon going to introduce one stop solution for NRI Services (providing taxation, legal, Investment and other advisory services as applicable to them). Meanwhile, the company also envisions achieving 100 percent revenue growth in the coming five years.