Accounting & Taxation
FINANCIAL COMPLIANCE · TAX ADVISORY · BOOKKEEPING
Blufin is your accounting and taxation partner so that you are able to concentrate on the development of your business. We do bookkeeping work daily, deal with GST compliance, direct tax filing, and preparation for the audit, so your financial records remain organised and up to date with the law all through the year.
Accounting Assistance
Day-to-Day Bookkeeping & Financial Record Management
Every financial decision starts with accurate records. Whether you’re a startup or an established company, maintaining updated books is essential for compliance as well as business planning. We take care of your daily accounting activities and maintain your books in line with applicable accounting standards, including IND AS, IFRS, and GAAP.
Our accounting support gives you a clear view of your finances while reducing the burden of routine bookkeeping.
Our services include:
- Recording daily financial transactions
- Bank reconciliation and cash flow tracking
- Accounts payable and receivable management
- Monthly and quarterly financial report preparation including Profit & Loss statement, Balance Sheet, and Cash Flow Statements
- Performing accounting functions using Zoho Books, Tally, QuickBooks, and Xero
- Virtual CFO support for budgeting, financial planning, and MIS reporting
Key Benefits
Real-time access to financial reports and dashboards
Accounting as per IND AS, IFRS, and GAAP
Cloud-based accounting solutions
Daily, weekly, or monthly bookkeeping support based on your business needs
Audit Ready Financial Assistance
Be Prepared Before the Audit Begins
Doing a proper job at the beginning by maintaining accurate financial records helps to make the whole audit process much easier. We help companies with their statutory audits, tax audits, internal audits, and regulatory reviews by making sure that their accounts are complete, accurate, and well documented.
When we detect issues beforehand, we are able to minimize the time necessary for the audit and also the company will have an easier time giving answers to the auditors’ questions.
Our audit support includes:
- Preparation of annual financial statements, including Balance Sheet, Profit & Loss Account, Cash Flow Statement, and Notes to Accounts
- Schedule VI compliance under the Companies Act, 2013
- Preparation of Tax Audit Reports in Form 3CA, 3CB, and 3CD
- Internal audit assistance, including documentation and review of internal controls
- Coordination with statutory auditors for document submission and query resolution
- Preparation of Audit Committee presentations and Board reports
Audit Highlights
Audit-ready
Books maintained throughout the year
Support for Form 3CD preparation
Schedule VI compliant financial statements
IND AS compliant reporting
Keeping records in audit-ready condition all year round can significantly reduce audit times and prevent audit problems at the very last moment.
GST Registration & Filings
End-to-End GST Compliance Services
Complying with GST entails far more than just filing returns. It demands getting registered on time, carrying out correct reconciliations, maintaining lawful documentation and regularly aligning oneself with ever-changing regulations. Our team is a one-stop solution for all your GST needs, keeping your business compliant at all times without compromising on maximising the Input Tax Credit (ITC) that you are eligible for.
Our GST services include:
- GST registration, amendments, cancellation, and voluntary registration
- Filing of GSTR-1, GSTR-3B, GSTR-9, and GSTR-9C
- Input Tax Credit (ITC) reconciliation with GSTR-2A and GSTR-2B
- GST compliance for E-commerce Operators, including TDS and TCS requirements
- Composition Scheme advisory along with Form CMP-08 and GSTR-4 filing
- GST audit support and annual compliance
- Representation before GST authorities for notices, assessments, and appeals
Return Due Dates
GSTR-1 – 11th of every month
GSTR-3B – 20th of every month
GSTR-9 – Annual Return
Delayed filing may result in applicable late fees and interest under GST provisions.
Direct Tax Advisory & Filings
Practical Tax Advice Backed by Timely Compliance
Direct tax compliance is always a long-term task for any business. Businesses need to develop strategies for paying taxes well in advance, get their income tax returns ready, and respond to tax notices. Our team of tax experts collaborates mainly with businesses, LLPs, partnership firms, and individuals for designing a holistic tax plan and keeping it up to date after the changes in tax loopholes.
Our direct tax services include:
- Income Tax Return filing for all categories of taxpayers (ITR-1 to ITR-7)
- Tax Audit preparation and filing in Forms 3CA, 3CB, and 3CD
- Advance Tax calculation, TDS compliance, and quarterly TDS return filing
- Transfer Pricing documentation and Form 3CEB compliance
- Tax planning and advisory to improve tax efficiency
- Representation before Income Tax authorities during assessments and appeals
- International tax advisory covering DTAA, withholding tax, and Permanent Establishment matters
Important Compliance Dates
Income Tax Return Due Date – 31st July / 31st October (as applicable)
Tax Audit Report – Form 3CD
Quarterly TDS Return Filing
Transfer Pricing Compliance
Late filing fee: ₹5,000 (₹1,000 for small taxpayers)
Virtual CFO
Strategic Financial Leadership Without the Cost of a Full-Time CFO
A Virtual CFO provides businesses with expert financial guidance, strategic planning, and performance monitoring without the need to hire a full-time Chief Financial Officer. Whether you’re a startup, SME, or growing enterprise, our Virtual CFO services help you make informed financial decisions, improve profitability, manage cash flow, and achieve long-term business goals with confidence.
Our experienced financial professionals work closely with your management team to analyze your financial health, optimize budgets, monitor key performance indicators, and ensure compliance with statutory regulations. With data-driven insights and proactive financial planning, we help your business remain financially strong while preparing for future growth, funding opportunities, and expansion.
Our Virtual CFO Services Include:
- Financial planning, budgeting, and cash flow management
- MIS reporting, financial analysis, and business performance reviews
- Profitability improvement and cost optimization strategies
- Investor, lender, and board reporting support
- Financial forecasting, business valuation, and growth planning