About us
Poornachandra Rao & Associates is a professionally managed Chartered Accountancy firm providing services in the areas of audit, taxation, regulatory, startup and business advisory to clients across the country. Our approach is to deliver practical, result‑oriented and timely solutions to clients ranging from individuals to corporates across diverse industries. We aim to build long term relationships through integrity, quality and professionalism
CA Poornachandra Rao is the founder and in-charge of the firm. He has an all round experience of 6 years with a post qualification experience of 4 years in the fields of Statutory Audits, Corporate Taxation, Management Consultancy including NRIs, Internal Audits and Appearing before the government authorities for Appeals. Handles Compliances under Corporate Law, FEMA and SEBI for a PMS and Category II AIF in the real estate sector.
What We Offer
Getting Started with Your Business
1. Business Registration and Structuring
Guidance on selecting the right legal structure (e.g., proprietorship, LLP, private limited company)
End-to-end support for registration and initial setup.
2. Licensing and Permit Assistance
Identification and acquisition of necessary licenses or permits.
Support with applications tailored to industry and location requirements.
3. Banking and Financial Setup
Help with opening a business bank account.
Guidance on setting up a tailored financial system for tracking income and expenses.
Going Forward with Your Business
1. Bookkeeping and Financial Management
Regular bookkeeping to maintain accurate records of transactions.
Real-time access to financial statements to support decision-making.
2. Tax Compliance and Filing
GST filing, income tax returns, and other tax obligations.
Ongoing support for tax planning and compliance to minimize liabilities.
3. Payroll and Employee Management
Payroll processing and compliance with labor laws and tax withholdings.
Assistance with setting up employee benefits and policies.
Compliance and Regulatory Services
1. Regulatory Compliance Monitoring
Ongoing monitoring to ensure adherence to industry-specific regulations.
Assistance in updating processes to align with new regulations.
2. GST and Tax Compliance
Filing and reconciliation for GST on a monthly or quarterly basis.
Comprehensive support for income tax, TDS, and other statutory filings.
3. Document Management and Record-Keeping
Support with maintaining organized records for easy compliance review.
Assistance with document preparation for regulatory filings and inspections.
Audit and Assurance Services
1. Statutory and Internal Audits
Conducting statutory audits as required by regulatory authorities.
Internal audits for evaluating and enhancing internal controls.
2. Risk Assessment and Mitigation
Identifying and assessing potential risks within financial and operational processes.
Providing strategies to mitigate risks and strengthen control frameworks.
3. Assurance and Advisory
Assurance services to improve financial accuracy and transparency.
Advisory on best practices for enhancing governance and operational efficiency.