Suravaram & Associates Chartered Accountants  ·  ICAI FRN 009685S Plot No. 124/2RT, First Floor, Water Tank Lane, Prakash Nagar, Begumpet, Hyderabad 500016
+91 94400 50047 +91 40 2776 5955 mail.rbr@icai.org
 
     
   
 
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The Firm

The practice was established in Hyderabad on 24 April 2002 and has continued as a partnership firm since 01 September 2017. ICAI Firm Registration No. 009685S.

Firm overview

Professional services with emphasis on accuracy, documentation and timely compliance

Suravaram and Associates is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India. The practice was established in Hyderabad on 24 April 2002 and has continued as a partnership firm since 01 September 2017. It provides professional services in audit, assurance, taxation, compliance, litigation support and advisory matters.

The firm serves companies, firms, trusts, societies, Section 8 companies, banks and individuals, with a practical focus on statutory compliance, audit quality, documentation and representation before statutory authorities.

Our objective is to provide careful and timely professional services supported by proper documentation, statutory research and partner-level review. The firm brings together experience in audit, taxation, regulatory compliance, appellate proceedings and financial advisory matters.

The partners are supported by a team of senior and junior professional staff. Experience has been built over more than two decades in income tax, corporate laws, FCRA, appellate work, GST matters, legal drafting and due diligence.

Legal and professional credentials

ParticularsDetails
Firm nameM/s. Suravaram and Associates, Chartered Accountants
ConstitutionPartnership firm of Chartered Accountants
ICAI Firm Registration No.009685S
Date of establishment24 April 2002
Continuing as a partnership firm from01 September 2017
Registered withThe Institute of Chartered Accountants of India
Number of partners2 — both Fellow Chartered Accountants, full time
Head officeBegumpet, Hyderabad, Telangana

Registration particulars may be verified on the website of the Institute of Chartered Accountants of India.

A particular strength

Trusts, societies and Section 8 companies

The firm has substantial experience in the audit and compliance of charitable and non-profit entities, an area in which the rules are exacting and the consequences of a lapse can be significant.

Our services in this area cover maintenance and review of books of account, audit under the applicable law, filing of the return of income of the institution, the prescribed audit report, registration under section 332 and approval under section 354 (formerly 12AB and 80G), FCRA registration and return filing, and advisory on the rules applicable to charitable institutions.

Full list of NGO services

Our people

The partners are supported by a team of senior and junior professional staff. Assignments are ordinarily staffed so that continuity of knowledge is retained on the file.

  • Direct tax computation, filing and representation
  • GST returns, reconciliation and departmental replies
  • Audit execution under the Standards on Auditing
  • ROC and LLP filings on the MCA portal
  • FCRA and charitable institution compliance
Professional approach

How an assignment is run

The same five steps, whether the assignment is a bank branch audit or a reply to a reassessment notice.

1. Understand first

Understanding the client, the legal framework and the objective of the assignment before commencement.

2. Scope and plan

Preparing a clear scope of work, an assignment plan and a documentation checklist.

3. Document the work

Maintaining adequate working papers, reconciliations and evidence-based observations.

4. Communicate early

Timely communication of material issues noticed during the course of the assignment.

5. Report clearly

Professional, clear and concise reports suitable for management, statutory authorities and other stakeholders.

Throughout — partner-led

Material opinions, submissions and reports are subject to partner-level review.

Common questions

Before you engage us

Yes. Income tax assessments and first appeals are largely faceless, and GST and ROC filings are online, so a great deal of work is handled irrespective of where the client is located. For matters requiring physical appearance outside Hyderabad, we coordinate with local counsel.
Yes. Where the assignment is an audit, we are required by the Chartered Accountants Act and the Council’s ethical standards to communicate with the previous auditor before accepting it. For other assignments, we will follow applicable professional requirements and arrange an appropriate handover.

At first contact please send only a summary of the position. The existing record, the notices and the replies filed can follow once we have completed our conflict check and confirmed that we are able to accept the matter.
At the first contact, please send only a short summary: the authority that issued the notice, the provision under which it was issued, the year or period it relates to, and the date by which a response is due. That is enough for us to assess the position and to carry out the conflict check that we are required to perform before accepting any assignment. The complete record — the notice with its annexures, the return, the computation and the financial statements — should be sent afterwards, through the channel we agree with you.
Fees depend on the nature and complexity of the assignment and are agreed in writing before work commences. We do not publish a fee schedule; please write to us with the particulars and we will revert with a proposal.

Have a notice, an assessment or a compliance question?

Send a brief description of the matter and any deadline. We will assess whether we are able to accept it, and discuss the information and scope required.

Send an Enquiry Call +91 94400 50047
 
     
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