SSB Profile

P R O F I LE

Of

S S B & ASSOCIATES

Chartered Accountants

BANGALORE

Profile Page 1 of 14

S S B & ASSOCIATES

Objective

Our principle is commitment par excellence in our professional endeavor. We place our professional
responsibilities above business considerations.

Never before have had so many people had so much access to so many financial demands, products
and services. This all equates to an opportunity to interact with many advisors, with many goals and
many problems with communicating needs and/or desires between all the advisors. We are therefore
striving towards providing timely, qualitative, professional and value added services to our clientele.
In this direction we offer the following value added services -

 Auditing Services

 Statutory Audits – Under Companies act and other allied acts.
 Tax Audits – Under the Income Tax Act.
 Internal Audits – Effective Internal Control, Statutory Compliance and Cost Reduction;
 Management Systems Audit – Review and Reporting to Management on Usage of Resources

for Achieving Organisation Objectives;
 Information Systems Audit – To Identify Risks in the Information Systems Environment;
 Concurrent Audit – Continuous Vigilance on the day-to-day activities;
 Stock Audit – Physical Verification for constant monitoring of stock;
 Audit of Trusts - Statutory compliance and the bye laws of the trusts.
 Goods & Service Tax Audit - Review and reporting on compliance of GST provisions;

 Accounting Services

Bookkeeping - Manual & Computerised
Payroll
Reconciliation
Revenue collection and bill paying
Bookkeeping services
Payroll services
Preparation of financial statements
Preparation of tax returns

Accounting is one area which will be immediately seen by companies to reduce costs. The
overburdened and understaffed accounting group will feel the strain which will affect in meeting
increasing demands from users of financial statements for more financial and business
information about the company’s current and future performance as well as in financial planning.
We can help you respond to new rules and regulations issued by standard-setting bodies such as
the Institute of Chartered Accountants of India. We will alert you to the new rules’ potential
impact and identify financial reporting opportunities that stem from them. We can further help
you to adapt quickly to help you obtain the accounting and financial advice you need to make
successful business decisions.

Profile Page 2 of 14

S S B & ASSOCIATES

 Compensation and Benefits

Executive Compensation for Profit and Non-profit organisations
Employee pay benefits Compliance
Retirement Planning

 Management Advisory Services

Financial goal orientation and recognition
Long term investment horizon

 Tax Consulting Services

The most frequent professional service to be requested by businesses and individuals. Our
professional staff has years of experience in all levels of taxation, consultation and preparation
whether it be income tax, sales tax, payroll, excise duty etc.,

 Personal and/or Business Financial Planning

A service whose value is increasingly becoming recognized by successful individuals and
businesses alike. Our firm recognizes the importance of financial plans and has Personal Financial
Specialist to help guide you through the process of tailoring a plan that fits your desires and/or
needs.

 Project Finance

Banks these days have proactive approach in providing finance and encouraging entrepreneurs to
set up and also in expanding businesses at very competitive interest rates. The banks however
before sanctioning any type of loan would like to know the viability of the project and the back
ground of the promoters.

We help the banks in providing them project report along with appraisal as to the viability of the
project along with the promoters strengths and weaknesses. This will help the bankers in
assessing the proposal in granting the loans.

 Project Appraisal

Banks have a proactive approach in providing and encouraging entrepreneurs in setting up new
business as well as providing additional financial arrangements for existing business. In view of
this banks need appraisal of the project reports presented by the prospective customers to examine
as to the viability of those business/es. Evaluation Report appraising the project to help bank in
sanctioning loans.

 Risk Analysis and Assessment

Our firm recognizes the value of risk assessments in the financial planning process and has
knowledge in insurance to provide services required.

Profile Page 3 of 14

S S B & ASSOCIATES

 Goods and Service Tax (GST)

Registration
Returns eFiling
Representation before tax authorities
GST Audits
Assisting in complying with tax liabilities and refunds

 Due Diligence Review

Due Diligence Review is conducted for a client to know the exact position of the client. This
review goes beyond the financial statements giving a complete insight of the client’s business
affairs to determine the business viability in taking business decision.

Details of Formation October 2003
 Year of Establishment
 No. of Partners Seven [ 7 ]
 Name of the Partners
C. S. Sreenivas
Cotha S Srinivas
K. Balaji
C.S. Sudarshan
P.N. Surya Prakash
K.S.L. Sachendra
K. R. Anand

Profile Page 4 of 14

S S B & ASSOCIATES

Experience of Partners

 C. S. Sreenivas B'com., FCA., DISA

Areas of Expertise  Corporate Statutory, Internal Audit and
Experience System Audit, Tax audit, Trust Audit and
Concurrent Audit of Bank.

 Tax Consultation for Corporates, Firms,
HUF's and Individuals.

 Internal, Inspection, Revenue and Statutory
Audit of Branches of Nationalised Banks and
Co.operative Banks.

 Implementation of Information Systems from
Manual Systems.

 Registration under Sales Tax, Professional
tax and other allied acts.

 Representation before Income tax authorities,
Sales tax authorities, Joint Director General
Foreign Trade and other Statutory authorities.

 Bulk filing of Salary returns of employees.

Post Qualification
 Practised individually under the name and

style of M/s. C. S. Sreenivas & Company
from 1991 to 2003.

Profile Page 5 of 14

S S B & ASSOCIATES

Experience of Partners
 Cotha S. Srinivas, B'com., ICWA., FCA

Areas of Expertise  Corporate Statutory, Internal Audit, System
Experience Audit, Tax Audit, Gratuity and
Superannuation trust audit.

 Tax Consultation for Corporates, Firms,
HUF's and Individuals, Charitable Trust
Audit and Concurrent Audit of Bank.

 STPI Compliance.

 Bulk filing of Salary returns of Employees.

 Registration under Central Excise, Sales Tax,
Professional tax and other allied acts.

Post Qualification
 Worked as qualified assistant with

M/s. Hiregange & Associates, Chartered
Accountants, Bangalore.

 Practising individually under the name and
style of M/s. Cotha & Associates since
1996..

Profile Page 6 of 14

S S B & ASSOCIATES

Experience of Partners
 K. Balaji B'com., FCA., ICWA (Inter)

Areas of Expertise  Corporate Statutory, Internal Audit and
Experience System Audit, Tax audit, of Public Limited
Companies [Listed and Unlisted] and Private
Limited Companies.

 Tax Consultation for Corporates, Firms,
HUF's, Individuals, Charitable Trust Audit
and Concurrent Audit of Banks

 Payroll Processing

 Foreign Exchange Management Act,1999

 Preparation of Project Reports for Term
Loan, Working Capital, Rent-Discounting
Schemes etc.,

Post Qualification

 Partner in M/s. A. R. Viswanathan & Co.,
Chartered Accountants, Bangalore (2000-
2003)

 Practised individually under the name and
style M/s. K. Balaji & Co., Chartered
Accountants, Bangalore, from 1999 to 2003.

Profile Page 7 of 14

S S B & ASSOCIATES

Experience of Partners
 C. S. Sudarshan B'com., ACA.,DISA

Areas of Expertise  Corporate Statutory, Internal Audit and Tax
Audit of Corporate and Non-corporate.

 Payroll Processing.

Experience Post Qualification
 Worked as a Qualified Assistant in

M/s. SSB & Associates, Chartered
Accountants till December 2004.

 P. N. Surya Prakash B'com., FCA.,  Income Tax Consultation for Corporates,
Firms, HUF's, Individuals, Charitable Trust
Areas of Expertise Audit and Audit of Banks.

Experience  Consultation on Sales tax Matters.

Post Qualification
 Practised individually under the name and

style M/s. Surya Prakash & Co., Chartered
Accountants for about 25 years.

 K. S. L. Sachendra B'com., FCA.,  Income Tax Consultation for Corporates,
Firms, HUF's, and Individuals.
Areas of Expertise
 Consultation on Sales tax and Service Tax
Experience Matters.

Post Qualification
 Was Partner in M/s. Yuvaraj & Associates

Chartered Accountants, Bangalore

Profile Page 8 of 14

S S B & ASSOCIATES

 K.R.Anand B'com., ACA., CS (Inter).,

Areas of Expertise  Corporate Statutory Audit, Internal Audit and
Experience System Audit, Tax audit, of Public Limited
Companies [Unlisted] and Private Limited
Companies.

 Tax Consultation for Corporates, Firms,
HUF's and Individuals.

 Preparation of Project Reports for Term
Loan, Working Capital, Rent-Discounting
Schemes etc.,

Post Qualification
 Worked as a Qualified Assistant in

M/s. SSB & Associates, Chartered
Accountants till December 2014.

Profile Page 9 of 14

S S B & ASSOCIATES

EXPERIENCE

MAJOR CORPORATE STATUTORY AUDITS –IT & ITES

Name of the Company Activity
1. Entrust Software and Services Private Limited Lease Administration [SEZ Chennai]
2. Mercantila Software Services Private Limited Software Development
3. Indygo Software Systems Private Limited Software Development
4. Appistoki Consulting Services Private Limited Software Development and Marketing
5. Ideas Software and Consulting Private Limited Software Development
6. Spectrus Informatics Private Limited Software Development

MAJOR CORPORATE STATUTORY AUDITS – OTHERS

Name of the Company Activity
1. Featherlite Office Systems Private Limited Manufacturer of work stations, modular furniture

2. Featherlite Products Private Limited Manufacturer of all types of chairs

3. Kiran Power Rectification Services Private Manufacturing and servicing of Electrical

Limited Transformers, Rectifiers and Allied products.

4. Gnutti Carlo India Pvt Ltd Manufacturer of Automobile Components

5. Shahputra Trading Private Limited Manufacturing and Trading

6. Prevalence Green Solutions Private Limited Development and production of Electric Vehicles

7. Davanam Jewellerrs Private Limited Jewellers

8. Susheel Jewellery Private Limited Jewellers

9. Surakshaa Car Care Private Limited Authorised Maruti Suzuki Car Dealers & Services

10. Amethyst Hospitality Private Limited Hotel and Service Apartments

11. Davanam Constructions Private Limited. Builders and Developers

12. T.K.Shyam and Associates Interior Designing

13. Equi-wealth Securities Private Limited Stocks and Shares

14. Kausthubha Projects Private Limited Builders and Developers

15. Monkeybox Food Tech Private Limited Food Caterers – School Children

16. Green Lantern Engineering Private Limited Environmental infrastructure

17. Viswadeep Chits Private Limited. Chit Fund

18. Sportsnest Retail (India) Private Limited Trading in Sports goods and Sports Infrastructure

19. Hindustan Aeronautics Limited Overhaul Division

(Public Sector Undertaking)

20. Oriental Insurance Company Limited General Insurance Business

(Public Sector Undertaking)

21. Karnataka State Electronics Development Promotion & Development of Electronic Industry

Corporation Limited by Government of Karnataka

(Public Sector Undertaking)

Profile Page 10 of 14

S S B & ASSOCIATES

MAJOR BANK/BRANCH/CO-OPERATIVE STATUTORY AUDIT

Name of the Concern Activity
1. Canara Bank Public Sector Bank
Public Sector Bank
2. Syndicate Bank Scheduled Bank
3. ING Vysya Bank Private Sector Bank
4. Federal Bank Co-operative Bank
5. Shushruti Souharda Bank Niyamitha Co-operative Bank
6. Sri Lakshmi Mahila Co-operative Bank Ltd Co-operative Society (Banking business)
7. Nikhara Souharda Credit Co-operative Society

Limited

MAJOR INTERNAL AUDIT

1. Samsung India Software Operations Private Software Development
Limited

2. Contract Advertising (India) Private Limited Advertising Agency
3. Sri Aurobindo Complex Trust Educational Trust
4. Four Interactive Private Limited Software Development and online search engine as
local information center.
5. Concurrent Tech India Private Limited Engineering
6. Sireesh Auto Private Limited Authorised Dealer for Mahindra Vehicles
7. Acharya Patashala Educational Trust Educational Trust
8. RGA Software Systems Private Limited Builders and Developers
9. Savaari Car Rentals Private Limited Car Rental Services

Profile Page 11 of 14

OTHERS AREAS S S B & ASSOCIATES

Name of the Concern Areas Handled
1. IBM India Private Limited Certification for Withholding Tax towards payment
to Non residents

2. Tektronix (India) Private Limited Certification for Withholding Tax towards payment
to Non residents

3. Samsung India Software Operations Private Employee Investment Proof Verification.

Limited Certification for Withholding tax towards payment

to Non residents

Certification of STPI APR

4. GE India Technology Centre Pvt Ltd Bulk Filing of returns of Employees

Certification under various laws.

5. Samsung Electro Mechanics Company Limited Certification for Withholding tax towards payment
to Non residents

6. Davanam Group Retainership and Consultation.

7. Hindustan Aeronautics Limited Certification for Withholding tax towards payment
to Non residents

8. Simplilearn Learn Solutions Pvt Limited Certification for Withholding tax towards payment
to Non residents

9. Ingersoll Rand (India) Limited Vendor Reconciliation

10. Dentsu Communications Pvt Ltd., Service Tax Compliances

11. Triveni Group TDS & FBT Compliances

12. Cadence Design Systems India Pvt Ltd., Certification of STPI APR

Profile Page 12 of 14

OTHER INFORMATION - S S B & ASSOCIATES
a. FIRM DETAILS -
Head Office at # 27, Service Road, Between 2nd and 3rd Cross,
Shankarapuram, Basavanagudi,
Phone No. Bangalore – 560 004.
080 – 43464700
E-mail [email protected]

b. PERSONNEL - 02
Staff 40
18
CA Qualified Assistants 02
Article Clerks
Paid Assistants 80 Computer Systems networked and connected
Sub Staff to Server.
6 Hours back up
c. INFRASTRUCTURE -
No. of Computers

UPS
d. Experience in ERP

i. SAP
ii. ACME
iii. IFS
iv. Oracle Financials

Profile Page 13 of 14

Accreditions S S B & ASSOCIATES
1. Mr. Cotha S Srinivas
 Regional Council Member of SIRC of ICAI between 2010-19
- 2017-18: Chairman of SIRC of ICAI
- 2016-17: Vice Chairman of SIRC of ICAI
- 2014-15: Secretary of SIRC of ICAI
- 2011-12: Chairman of SICASA and Students Committee

 Bangalore Branch of SIRC of ICAI

- 2009-10: Chairman of Bangalore Branch of SIRC of ICAI
(Adjudged Best Branch of the Region for the Year)

- 2002-03 : Chairman of SICASA Bangalore
(Adjudged Best SICASA of the Region of the Year)

 Presented papers in various study circle meetings, workshops
and seminars.

 Visiting Faculty at Bangalore Branch of SIRC of ICAI

2. Mr.K.Balaji  Co-opted member to the Committee of Corporate and Allied
Laws Committee and Corporate Governance of SIRC of ICAI
for the year 2011-12.

 Visiting Faculty in St.Joseph’s Commerce College, Brigade
Road, Bangalore for M’com Classes.

 Industry representative in the Board of Studies of St.Joseph’s
Commerce College, Brigade Road, Bangalore in forming the
Syllabus for Post Graduation in Commerce disciplines.

 Visiting Faculty in DTRTI [Direct Taxes Regional Training
Institute]

Profile Page 14 of 14