+91-40-40183366 | h ps:// · he is also cer ﬁed green belt – lean six sigma project. he started...

HyderabadNellore

Sri City (Tada)

+91-40-40183366 | h�ps://www.sbsandco.com

SBS and Company LLP is a Chartered Accountant Firm with team of highly qualified and mo�vated professionals, offering integrated one-stop services. SBS primarily focuses on Transac�on Advisory, Audit & Assurance, Management Advisory and Consul�ng. The firm has demonstrated exper�se in the areas of Direct Taxa�on including Interna�onal Taxa�on, Goods & Services Tax, Corporate Laws, Foreign Exchange laws including Foreign Inbound & Outbound Investment and Debt and Equity Advisory Services.

From the experience gained by founder, it is understood that there is a huge vacuum in the Indian professional services sector, where the firms have exper�se in independent domains but are not equipped with a holis�c approach to the client’s business. To fill this vaccum, SBS have hand-picked professionals who share the same ideology of providing holis�c approach to client’s business.

To withstand the ever-increasing compe��on faced by corporates in the vibrant global economy coupled with increasing responsibili�es on human resources, SBS aims at enhancing the economic well-being of an organiza�on by providing �mely services which add significant value addi�on to the client’s business.

SBS is founded by Mr. Suresh Babu Sannareddy in 2009. Mr Suresh Babu Sannareddy is the current Chairman and Managing Partner. SBS is assisted by 6 reliable Partners, 2 Associates, 6 Other Professional Consul�ng Associates, and 60 staff members and interns. We have offices opera�ng in Hyderabad, Sri City (Tada) and Nellore, to serve our clients in the best way.

About Us

"SBS Connect" - from SBS and Company LLPSBS Connect - This app is designed and hosted exclusively for the Clients of our organiza�on (SBS and Company LLP). In a dynamic world of taxa�on and compliance laws, we find that the app is a be�er way to stay connected with the clients and inform them about the updates which effect their businesses.

Scan QR Code to download our APP

ProfileTeamTeamProfile

Tea

mCA Suresh Babu Sannareddy

CA Sri Harsha Katakam

CA Bhyrav MHS

CA Manindar Kakarla

CA Madhu Sudhan Javuli

CA Srihari Reddy Koduru

CA Suresh Babu SannareddyM Com, LLB, FCA, CI Tax (ICAI), FAFD

Primary Focus:

+91 9440883366

Domes�c Taxa�on

Mobile - Email [email protected]

He is the founder, chairman and managing partner of the firm. He is a professional graduated from the Ins�tute of Chartered Accounts of India. He is also graduated in M. Com and LLB. The primary thing focused by him throughout his career in SBS is the area of Direct Taxa�on. Mr. Suresh mainly handles Scru�ny Assessments, Surveys, Appeals, Interna�onal Taxa�on, Valua�ons, SEZ Taxa�on, Transfer Pricing issues, NGO’s. Has more than 15 years of vivid prac�cal experience in the fields of Accoun�ng, and Direct Taxes. He is a cer�ficate holder from ICAI on Interna�onal Taxa�on, Valua�on and Forensic Audit & Fraud Detec�on. His other main interests includes analysis of capital markets and related ma�ers.

He founded SBS in August 2009 and the firm is consistently treading the path of success over the years with his strong and pa�ent leadership.

CA Sri Harsha KatakamFCA

Primary Focus:

+91 9581000327

Indirect Taxa�on - GST


He has joined the firm in 2014. He along with Mr Manindar leads the Indirect Taxa�on prac�ce of the firm.

He has a rich and varied experience in conduct of audits, handling of li�ga�ons and issuance of legal opinions in the areas of Indirect Taxa�on. Harsha is a cer�ficate holder in ‘Indirect Taxes’, conducted by ICAI.

He as assisted the previous employer in wri�ng the book on service tax law under the nega�ve list regime cap�oned ‘Prac�cal Guide on Service Tax’. He is a regular contributor to ar�cles in the firm’s journal SBS Wiki.

CA Bhyrav MHSB Com, MBA (Finance), FCAPrimary Focus:

+91 9494502727

Audit & Assurance


He has joined the firm in 2015. He leads Audit and Assurance prac�ce of the firm. He is a professional graduated from the Ins�tute of Chartered Accounts of India. He holds a bachelor’s degree in commerce and also holds master’s in business administra�on.

He worked with M/s The Andhra Pradesh Mineral Development Corpora�on a wholly owned state government undertaking as a Manager –Finance & Accounts repor�ng to CFO before joining SBS.

He has experience in conduct of Internal Audits, Statutory Audits, C&AG Audits and Tax Audits and also having experience in handling scru�ny assessments and appeals in Direct Taxes.

CA Manindar KakarlaB Com, ACA, LLB

Primary Focus:

+91 9700734609

Indirect Taxes - GST


He has joined the firm in 2015. He, along with Mr Sri Harsha leads Indirect Taxa�on prac�ce of the firm. He is a professional graduated from the Ins�tute of Chartered Accounts of India. He also holds a bachelor’s degree in law.

He has a wide experience in conduct of audits, handling of li�ga�ons and issuance of legal opinions in the areas of Indirect Taxa�on. Manindar is a cer�ficate holder in ‘Indirect Taxes’, conducted by ICAI.

He has presented several papers in the seminars conducted by ICAI. He has also been a part of training program on the topics related to indirect tax compliances to various clients opera�ng in different sectors.

He has contributed various ar�cles on indirect tax ma�ers published by the websites like, Taxindiaonline.com, Tax Management India, Service Tax Review, ICAI Newsle�ers and the firm’s journal SBS Wiki.

He is a Visi�ng Faculty to NALSAR University of Law.

CA Madhu Sudhan Javuli B Com, FCAPrimary Focus:

+91 9940047263

Direct Taxa�on


He has joined SBS the firm in 2017. He, along with Mr. Suresh Babu Sannareddy handles the direct taxa�on domain of the firm. He is a professional graduated from the Ins�tute of Chartered Accounts of India. He holds a bachelor’s Degree in commerce. He is also cer�fied Green Belt – Lean Six Sigma project.

He started off his career with Satyam Computer Services Limited as an Finance In charge and later moved to Shell Business Opera�ons as a Team Manager - Financial Planning and Analysis for a period of 8 years. He worked as Senior Manager – Planning, Performance & appraisal division of Philips Global Business Services Private limited before Joining SBS.

He achieved 10 years of rich industry experience, by working with several eminent companies like Satyam, Royal Dutch Shell plc and Philips.

Mr. Madhu Sudhan has got vivid experience in Financial planning, Budgetary Controls, prepara�on of business plans, and other fields in the areas of IT and IT related Departments in mul�na�onal companies. He has worked extensively on Project related ac�vi�es and other business performance repor�ng. He is Award Winner under supervisory category during his s�nt in Shell Business Opera�ons.






CA Sreehari Reddy KoduruM Com, LLB, FCA, DISA (ICAI)

Primary Focus:

+91 9246825663

Direct Taxes & Audits


He has joined the firm in 2011 to align with larger goal of the firm to have presence across the country. He currently leads the Nellore division of the firm. He is a professional graduated from the Ins�tute of Chartered Accounts of India. He also has credits of comple�on of Diploma in Informa�on System Audit (DISA) of ICAI. He holds a post-gradua�on in commerce and bachelor’s in law.

His central focus from the beginning of his career was Audits & Direct Taxa�on. He has been ac�vely engaged in various ac�vi�es and is also a visi�ng faculty for the students of CA IPCC, being conducted by ICAI Nellore Branch.

He is well versed in the business areas such as, designing & developing internal controls with vivid prac�cal experience in the fields of Accoun�ng, Finance, Statutory & Internal Audits, and Direct & Indirect Taxes etc. He has always been a strong asset of the and also excelled as a chartered accountant.

Services

Serv

ices

Strategic Services

Direct Taxes

Indirect Taxes

Foreign Exchange Laws & NBFC Laws

Audi�ng & Assurance Services

Corporate Laws

Debt & Equity

Management Consultancy & OtherServicesCorporate Training & ComplianceManagement

Due Diligence Services:

Due Diligence of an en�ty irrespec�ve of its size takes an important place in the poten�al acquisi�ons, strategic investments, collabora�ons and/or joint ventures and gives a measure as to the risk involved in the poten�al investment, based on which the Investor can take an informed decision, as to proceed further or not. Due Diligence may be classified into Legal, Secretarial, Financial and Opera�onal/process oriented. The process involves:• Providing the checklists and documenta�on required;• Conduc�ng due diligence process;• Assist the par�es concerned during the discussions and also during the nego�a�on process;• Undertaking documenta�on and comple�ng the required compliances under various Corporate Laws that are applicable to a par�cular en�ty, based on the observa�ons in the Diligence process;• Assist in dra�ing of the requirement documents/agreements that are required in the proposed investment process;• Assis�ng the en�ty and the investors for complying the post investment formali�es.

Valua�on Services:

Valua�on has taken a pivotal role in the modern day business, both by the business en��es and also by the ex-chequer. Valua�on Services may either for the business as such for the purpose of Corporate restructuring or for issue of Securi�es or to assess the tax liability of a par�cular transac�on and Intangible assets:

Our services include:• Fairness Opinions/Independent value analysis of an en�ty as a whole;• Independent value of specific business units within a company;• Valua�on of ESOPs and other Share related valua�ons both under the Companies Act and also for FEMA;• Intangible Asset valua�on;• Valua�on of financial Assets and Liabili�es;• Valua�on of Related party transac�ons.

Mergers, Amalgama�ons and Re-structuring of Business:

Compliance of the Law of the land in word and spirit is paramount, and accordingly, our advice to managements in formula�ng and implemen�ng restructuring strategies to be in compliance with the frame work of the law, and at the same �me to the sa�sfac�on of the shareholders, creditors and other stakeholders is a precursor. Our Services include• Amalgama�on / Mergers / Demerger of the en��es:• Documenta�on for Reduc�on of Share Capital;• Buy-back of Share Capital;• Liquida�on / Winding-up of Companies;• Documenta�on and representa�on services before the Tribunal and other Statutory Authori�es concerned for all the above. Structuring of En��es:

A Business man or a Start-up/Entrepreneur, needs a proper guidance on the vehicle that needs to be set-up for implementa�on of business ideas and to materialize them. Venturing in to a wrong set-up of business cons�tu�on, and not knowing the complexi�es involved therein, will eat way the valuable �me and money of the Entrepreneur, and accordingly, we provide the following services as to guiding the Entrepreneur, the correct business cons�tu�on to suit his business opera�ons:• Iden�fying the requirement:• Selec�on of an appropriate business model/business cons�tu�on;• Compliances, approvals involved in the business model/Business, under all possible enactment and the complexi�es involved, if any;

Strategic Services






Prepara�on and filing of Income-tax and Wealth-tax returns of resident and non-resident individuals, domes�c and foreign companies and other en��es/clientsTax Planning for Trusts and non-profit making organiza�onProvide advice in Tax Planning for Domes�c and foreign clients

Corporate and personal tax compliance including income-tax assessments, appeals, representa�on before Tax Authori�es etc.Filing of E- TDS Returns

Specialized services for exis�ng, returning as well as new NRI’s with substan�al interest in business, property, investments & bank accounts in India

Transfer Pricing: Handling of Transfer Pricing (both Domes�c as well as Interna�onal transac�ons) issues and its related studies and reports prepara�on

Representa�ons before Dispute Resolu�on Panel (DRP) and Authority for Advance Rulings (AAR)Cross Border Transac�ons including DTAAInvestment and Organiza�onal Structuring

Transac�on Planning to deal with Indirect Taxes/GST Implica�onsVe�ng of Contracts to guide on the Indirect Taxes/GST aspects

Helping en��es in Indirect Tax Audits/GST Audits conducted by Department and Prepara�on of Effec�ve Audit Note replies

Conduc�ng preven�ve audit in the areas of Indirect Taxes/GST to assist the management for complianceHandling the show cause no�ces �ll the disposal of the same

Representa�onal Services before CBEC, Tribunals, AARs, Se�lement Commission and other forumsCompliance with laws rela�ng to Indirect Taxes/GSTRegistra�on under Indirect Tax/GST LawsE-Filing of Returns under Indirect Taxes/GSTConsultancy and liaison with Department under Indirect Tax/GST Laws

Helping in filing and obtaining Refunds/Rebates/Incen�ves under Indirect Tax/GST LawsArbitra�on Services under Indirect Tax/GST LawsSe�ng up systems (ERPs/MIS) for en��es under Indirect Tax/GST Laws.

Direct Taxes

Indirect Taxes






All services pertaining to Foreign Exchange Management Act (FEMA) & Foreign Contribu�on Regula�on Act (FCRA)Advice on compliance under FEMA

Advice in connec�on with inbound investment (FDI), outbound investment (ODI), External Commercial Borrowings (ECB) and other prime areasAssis�ng in se�ng up of Branch and Liaison offices etcRepresenta�on before RBI/ED/FIPB/SIA and other related statutory authori�esAssis�ng for approvals under FEMA and FCRAReview/ Audit of FEMA and FCRA compliancesTraining Sessions to impart knowledge and skill in FEMA & FCRAAssistance to the company in obtaining registra�on as NBFC from RBI(Core Investment Companies/ARC/ Finance/ Lease/ Investment Companies etc.,).Guidance to the company in compliance of RBI regula�ons related to NBFC

Statutory AuditInternal AuditConcurrent AuditStock Audit

Due Diligence Audit & Inves�ga�onRepor�ng

Strategic Review of Systems, Controls& Procedures

Prepara�on of Mul� CurrencyFinancial Statements.

Management AuditTDS AuditsDP AuditsStock Broking AuditsGST AuditFixed Assets verifica�on

Prepara�on of Consolidated Financial StatementsCompliance Audit

Foreign Exchange Laws& NBFC Laws

Auditing & Assurance Services

Foriegn Exchange Laws

Corporate/Project Finance and Funding.

Prepara�on of project and feasibility reports, applica�ons for funding with financial ins�tu�ons.Project Finance (Long Term and Working Capital) from BanksLiaison with investors, funding agencies, financial ins�tu�ons etc.,Debt and Capital Structuring/ Re-structuring servicesCorporate restructuring.Short term loans, bill discoun�ng, BGs.Assistance in complying with other legal formali�es.Funding from Venture Capitalists & Private Equity (PE) players.Training Sessions to impact knowledge and skill in Project FundingTraining Sessions to impart knowledge and skill in Project Funding.

Forma�on of Indian and offshore Companies/LLP’s, Se�ng up Liaison Offices, Branch Offices and Project Offices

Advising on various ma�ers under the Companies Act, including appearance before the Company Law Board

Assis�ng in merger/de-merger/ winding-up of companies/striking off the name from the Registrar of Companies under the Companies ActDra�ing & maintenance of minutes of Board & Shareholders’ mee�ng etcAssistance in prepara�on and filing of various forms with MCALiaison with Registrar of Companies/Regional Director/TribunalsSEBI related Services

Assistance to the company in prepara�on of roadmap/compliances involved rela�ng to offer documents in Public Issues.

Prepara�on of restated financials to include them in the offer documents issued to the public.

Assistance to the company in compliance of SEBI Takeover Code related to takeover of listed companies.Dra�ing of ESOP/ESPS schemes.

Obtaining registra�on of SEBI/ stock exchanges as an intermediary (e.g. stock broker/sub-broker/DP/ DR/ RTA/Merchant Banker etc.)Training Sessions to impart knowledge and skill in Corporate Laws

Corporate Laws

Debt & Equity

Assis�ng in obtaining registra�on of Charitable/ Religious Trusts, Socie�es, Company under respec�ve Acts.,

Assis�ng in obtaining registra�on of NGOs under Income Tax Laws for tax exemp�ons including Sec�on 80G of the IT Act.,

Guidance on legal compliances on Foreign Contribu�on Regula�on Act (FCRA).

Director General of Foreign Trade – Registra�on for Imports & ExportsHandling STPI, SEZ related worksDra�ing of investor agreements.Dra�ing of MOUs.Capital Planning and Investment Management.Par�cipa�on in Recruitment Panels.Advising and Dra�ing of Employee Benefit Schemes.Trade Mark, Logo, Emblem Registra�on Services.

Business Advisory for promoters & senior management in respect of long term strategy Brand Building, Growth Plans and Related Ma�ersStatutory compliances under tax, economic, corporate and labour laws.Due Diligence work.

Management Consultancy & Other Services

Non-Govt. OrganisationsNGOS / Societies Trusts

Development of MIS for SME segmentReview and improvement of MIS for medium and large enterprisesDevelopment of Standard Opera�ng Procedures (SOP’s) for various Organisa�ons

Designing of accoun�ng manuals and Business Process Re-engineering (BPR) to suit such accoun�ng manuals

Assis�ng the Organisa�on to develop I T enabled tools for compliance of various statutes including TDS, GST, Labour Laws etc.,

Systems & Procedures

Book Keeping and prepara�on of final accounts and financialsDesign, implementa�on and review of accoun�ng manuals.Prepara�on of management accounts and management informa�on systems Comple�on of records related to Fixed Assets

Developing Accoun�ng procedures manual and evalua�on of effec�veness of accoun�ng packagesHr / Payroll services Dra�ing of Employee appointment le�ersFraming rules/guidelines Hand Book for employeesVirtual CFO serviceses

Accounting & Business Process Outsourcing

To impart the training to staff of various levels involved in the accounts on finance department, tax department and other compliance management groups various areas listed herein.

To inculcate the habit of con�nuous learning to the human capacity of the organisa�on and give them sense of recogni�on.

To provide periodical updates on ever changing laws and make the staff abreast with the applicable laws and improve their produc�vity and efficiency.To create value of the organisa�on by improving the governance mechanism.To assist the organisa�on in complying of various Labour & Industrial Laws.

Corporate Training & Compliance Management

End to end ERP Audit in the areas of Finance, Taxa�on, Controlling, MIS, Inventory, Warehousing etc.,

To provide exper�se in the areas of taxa�on (both direct and indirect taxa�on) and MIS for implementa�on of ERP to all industries both manufacturing and service sectors

Eg: Advising the tax areas of CIN Version Implementa�on of SAP ERP.

To provide the support in understanding the process points while implemen�ng the ERP

ERP Implementaion Support & Allied Services

HYDERABAD6-3-900/6-9,#103 & 104, Veeru Castle,Durganagar Colony,Panjagu�a,Hyderabad, TS - 500 082.

Ph: 040 - 40183366; +91 9246883366;Fax: 23734060;

SRI CITY (TADA) Suite No. 306, 2nd Floor,Arcade 2745,Central Expressway,Sri City, Andhra Pradesh - 517 646.

Ph: +91 9940047263; +91 9494502727;

NELLORED.No 27/1/451, Ground Floor, Santhi Nilayam, Adithya Nagar,Opp: Overhead Water Tank,SPSR Nellore, AP - 524002.

Ph: 0861 - 2345663;

Our Monthly Journals SBS Wiki : h�ps://www.sbsandco.com/wiki/ SBS Interns Digest : h�ps://www.sbsandco.com/interns-digest/

SBS ConnectiOS & Android Apps https://bit.ly/2YHbEpU

https://apple.co/2YlA9d5

+91-40-40183366 | h ps:// · he is also cer ﬁed green belt – lean six sigma project. he started...

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