Hyderabad Tada(Sri City) Bangalore Visakhapatnam. Kurnool. Nellore

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1 Hyderabad Tada(Sri City) Kurnool Bangalore Visakhapatnam Nellore

2 About Us SBS and Company LLP is a Chartered Accountant Firm with team of highly qualified and motivated professionals, offering integrated one-stop services. SBS primarily focuses on Transaction Advisory, Audit & Assurance, Management Advisory and Consulting. The firm has demonstrated expertise in the areas of Direct Taxation including International Taxation, Goods & Services Tax, Corporate Laws, Foreign Exchange laws including Foreign Inbound & Outbound Investment and Debt and Equity Advisory Services. From the experience gained by SBS, it is understood that there is a huge vacuum in the Indian professional services sector, where the firms have expertise in independent domains but are not equipped with a holistic approach to the client s business. To fill this vacuum, SBS have hand-picked professionals who share the same ideology of providing holistic approach to client s business. To withstand the ever-increasing competition faced by corporates in the vibrant global economy coupled with increasing responsibilities on human resources, SBS aims at enhancing the economic well-being of an organization by providing timely services which add significant value addition to the client s business. SBS is founded by Mr. Suresh Babu Sannareddy in Mr Suresh Babu Sannareddy is the current Chairman and Managing Partner. SBS is assisted by 10 reliable Partners, 2 Associates, 6 Other Professional Consulting Associates, and 60 staff members and interns. We have offices operating in Hyderabad, Bangalore, Tada (Sri City), Visakhapatnam, Kurnool and Nellore, to serve our clients in the best way.

3 Team Profile

4 CA Suresh Babu Sannareddy M Com, LLB, FCA, CI Tax (ICAI), FAFD Domestic Taxation suresh@sbsandco.com He is the founder, chairman and managing partner of the firm. He is a professional graduated from the Institute 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 Taxation. Mr. Suresh mainly handles Scrutiny Assessments, Surveys, Appeals, International Taxation, Valuations, SEZ Taxation, Transfer Pricing issues, NGO s. Has more than 15 years of vivid practical experience in the fields of Accounting, and Direct Taxes. He is a certificate holder from ICAI on International Taxation, Valuation and Forensic Audit & Fraud Detection. His other main interests includes analysis of capital markets and related matters. He founded SBS in August 2009 and the firm is consistently treading the path of success over the years with his strong and patient leadership. CA Murali Krishna Gottipati M Com, FCA, FCS Foriegn Exchange Laws & RBI related matters gmk@sbsandco.com He has joined the firm in He is a professional graduated from the Institute of Chartered Accounts of India and Institute of Chartered Secretaries of India. He also holds a post-graduation in commerce. His primary focus throughout the carrier was mainly foreign exchange laws, RBI and SEBI related matters. He has also involved in the process of drafting of documents that are pertaining to Public Issues, and Rights Issues, Take cover compliances, merchant banking and related SEBI compliances. Currently, he is advising and assisting the clients of the firm, in the compliance matters related to Foreign Exchange Laws (FEMA and FCRA) and Anti- Money Laundering Laws. He has presented various papers on Foreign Exchange Laws at the seminars conducted by ICAI, ICSI and corporate houses. He has more than 15 years of vivid practical experience in several fields like, Finance, Foreign Exchange Laws, RBI, SEBI, Company Law, NBFC and Capital Market Issues etc. Being a good communicator, orator, listener, shrewd goal seeker, and object-oriented person, he is one of the driving force of firm.

5 CA Sri Harsha Katakam ACA Indirect Taxation - GST harsha@sbsandco.com He has joined the firm in He along with Mr Manindar leads the Indirect Taxation practice of the firm. He has a rich and varied experience in conduct of audits, handling of litigations and issuance of legal opinions in the areas of Indirect Taxation. Harsha is a certificate holder in Indirect Taxes, conducted by ICAI. He as assisted the previous employer in writing the book on service tax law under the negative list regime captioned Practical Guide on Service Tax. He is a regular contributor to articles in the firm s journal SBS Wiki. CA Manindar Kakarla ACA, LLB Indirect Taxes - GST manindar@sbsandco.com He has joined the firm in He, along with Mr Sri Harsha leads Indirect Taxation practice of the firm. He is a professional graduated from the Institute 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 litigations and issuance of legal opinions in the areas of Indirect Taxation. Manindar is a certificate 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 operating in different sectors. He has contributed various articles on indirect tax matters published by the websites like, Taxindiaonline.com, Tax Management India, Service Tax Review, ICAI Newsletters and the firm s journal SBS Wiki.

6 CA Rajesh Donkeshwar B Com, FCA, Insolvency Resolution Professional Investment Banking / Project Finance rajeshd@sbsandco.com He has joined the firm in He is a professional graduated from the Institute of Chartered Accounts of India. He is an Insolvency Professional registered with Insolvency and Bankruptcy Board of India. He also holds a Bachelor s Degree in commerce. His primary focus is on Debt Equity Advisory and Corporate Insolvency Resolution Process. He currently leads the Debt & Equity Advisor practice of the firm wherein he advises clients on various fund-raising options through structured finance, trade finance, asset finance and alternative finance for their business growth. He also renders services in the capacity of Insolvency Professional. He started off his carrier with M. Anandam & Co, and later worked as an audit manager in Sharp and Tannan for a short stint. He worked as a DGM Finance at Tishman Speyer, reporting to CFO before joining the firm. He achieved 15 years of rich industry experience, by working with several eminent companies like Dr Reddy s, Maytas Properties, and Tishman Speyer. Mr. Rajesh has more than 15 years of vivid experience in Preparation of business plans. New Project Evaluation, Financial Modeling and providing various Debt/Equity funds raising option to clients. He has extensive knowledge on real estate industry, with special focus on legal framework, taxation, and fund-raising areas. CA Bhyrav MHS ACA, B Com, MBA (Finance) Audit & Assurance bhyravm@sbsandco.com He has joined the firm in He, along with Mr Sandeep Das leads Audit and Assurance practice of the firm. He is a professional graduated from the Institute of Chartered Accounts of India. He holds a bachelor s degree in commerce and also holds master s in business administration. He worked with M/s The Andhra Pradesh Mineral Development Corporation a wholly owned state government undertaking as a Manager Finance & Accounts reporting 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 scrutiny assessments and appeals in Direct Taxes.

7 CA Madhu Sudhan Javuli B Com, FCA Direct Taxation madhuj@sbsandco.com He has joined SBS the firm in He, along with Mr. Suresh Babu Sannareddy handles the direct taxation domain of the firm. He is a professional graduated from the Institute of Chartered Accounts of India. He holds a bachelor s Degree in commerce. He is also certified 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 Operations 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, preparation of business plans, and other fields in the areas of IT and IT related Departments in multinational companies. He has worked extensively on Project related activities and other business performance reporting. He is Award Winner under supervisory category during his stint in Shell Business Operations. CA Sandeep Da FCA, PGBDBA, CPA (USA) Audit & Assurance sandeepd@sbsandco.com He has joined the firm in 2015 to align with larger goal of the firm to have presence across the country and globally. He currently leads the Bangalore division of the firm. He is a professional graduated from the Institute of Chartered Accounts of India. His primary focus is on Audit & Assurance. He is also CPA holder and has completed PGDBA. He was with Deloitte Haskins and Sells for a quite long period, where he was enriched with experiences in the areas like, Internal Audit, Statutory Audit, Due Diligence and Investigation audit. He is very well versed in the important areas like, risk management practices and control frame work. He has worked in different sectors including, Power, Oil & Gas, Manufacturing, Ecommerce, Pharmaceutical, Public Accounting firm, Central Government and Non Profit organization.

8 CA Ramprasad Thutupalli FCA Direct Taxation He has joined the firm in 2015 to align with larger goal of the firm to have presence across the country. He currently leads the Vizag division of the firm. He is a professional graduated from the Institute of Chartered Accounts of India. His primary area of focus is Direct Taxation. He was previously employed with ICFAI Group - Income Tax Division. He possesses great knowledge on Income Tax Provisions including related to Non-residents, claiming Double Tax Avoidance Agreement benefits etc. He has a vivid practical experience in the fields of Direct Taxes, International Taxation, SEZ Taxation etc. He is a regular contributor to articles in the firm s journal SBS Wiki. CA Kiran Kumar Nookala B Com, MFM, FCA Project Finance & Direct Taxation kiran@sbsandco.com 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 Kurnool division of the firm. He is a professional graduated from the Institute of Chartered Accounts of India. He is a certificate holder in the areas of Assessment Test on Concurrent Audits conducted by ICAI. He holds a bachelor s degree in commerce and holds master s in financial management. His primary areas of focus - Project Finance & Direct Taxation. Before he joined the firm, he has gained experience in the corporate industry and worked with certain multi-national companies and banks for a good period of time. He is sincere and dedicated team player and has strong communication skills and multi-tasking capabilities, positive thinker with disciplined work approach.

9 CA Sreehari Reddy Koduru M Com, LLB, FCA, DISA (ICAI) Direct Taxation & Audits sreehari@sbsandco.com 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 Institute of Chartered Accounts of India. He also has credits of completion of Diploma in Information System Audit (DISA) of ICAI. He holds a post-graduation in commerce and bachelor s in law. His central focus from the beginning of his career was Audits & Direct Taxation. He has been actively engaged in various activities and is also a visiting 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 practical experience in the fields of Accounting, 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.

10 Services

11 Direct Taxes Preparation and filing of Income-tax and Wealth-tax returns of resident and non-resident individuals, domestic and foreign companies and other entities/clients Tax Planning for Trusts and non-profit making organization Provide advice in Tax Planning for Domestic and foreign clients Corporate and personal tax compliance including income-tax assessments, appeals, representation before Tax Authorities etc. Filing of E- TDS Returns Specialized services for existing, returning as well as new NRI s with substantial interest in business, property, investments & bank accounts in India Transfer Pricing: Handling of Transfer Pricing (both Domestic as well as International transactions) issues and its related studies and reports preparation Representations before Dispute Resolution Panel (DRP) and Authority for Advance Rulings (AAR) Cross Border Transactions including DTAA Investment and Organizational Structuring Indirect Taxes Transaction Planning to deal with Indirect Taxes/GST Implications Vetting of Contracts to guide on the Indirect Taxes/GST aspects Helping entities in Indirect Tax Audits/GST Audits conducted by Department and Preparation of Effective Audit Note replies Conducting preventive audit in the areas of Indirect Taxes/GST to assist the management for compliance Handling the show cause notices till the disposal of the same Representational Services before CBEC, Tribunals, AARs, Settlement Commission and other forums Compliance with laws relating to Indirect Taxes/GST Registration under Indirect Tax/GST Laws E-Filing of Returns under Indirect Taxes/GST Consultancy and liaison with Department under Indirect Tax/GST Laws Helping for transition into GST regime Helping in filing and obtaining Refunds/Rebates/Incentives under Indirect Tax/GST Laws Arbitration Services under Indirect Tax/GST Laws Setting up systems (ERPs/MIS) for entities under Indirect Tax/GST Laws.

12 Foriegn Exchange Laws All services pertaining to Foreign Exchange Management Act (FEMA) & Foreign Contribution Regulation Act (FCRA) Advice on compliance under FEMA Advice in connection with inbound investment (FDI), outbound investment (ODI), External Commercial Borrowings (ECB) and other prime areas Assisting in setting up of Branch and Liaison offices etc Representation before RBI/ED/FIPB/SIA and other related statutory authorities Assisting for approvals under FEMA and FCRA Review/ Audit of FEMA and FCRA compliances Training Sessions to impart knowledge and skill in FEMA & FCRA Auditing & Assurance Services Statutory Audit Internal Audit Concurrent Audit Stock Audit Due Diligence Audit & Investigation Reporting Strategic Review of Systems, Controls & Procedures Preparation of Multi Currency Financial Statements. Management Audit TDS Audits DP Audits Stock Broking Audits Service Tax Audit Sales Tax Audit Fixed Assets verification Preparation of Consolidated Financial Statements Compliance Audit

13 Debt & Equity Corporate/Project Finance and Funding. Preparation of project and feasibility reports, applications for funding with financial institutions. Project Finance (Long Term and Working Capital) from Banks Liaison with investors, funding agencies, financial institutions etc., Debt and Capital Structuring/ Re-structuring services Corporate restructuring. Short term loans, bill discounting, BGs. Assistance in complying with other legal formalities. Funding from Venture Capitalists & Private Equity (PE) players. Training Sessions to impact knowledge and skill in Project Funding Corporate Laws Foriegn Exchange Laws Formation of Indian and offshore Companies/LLP s, Setting up Liaison Offices, Branch Offices and Project Offices Advising on various matters under the Companies Act, including appearance before the Company Law Board Assisting in merger/de-merger/ winding-up of companies/striking off the name from the Registrar of Companies under the Companies Act Drafting & maintenance of minutes of Board & Shareholders meeting etc Assistance in preparation and filing of various forms with MCA Liaison with Registrar of Companies/Regional Director/Tribunals SEBI related Services Assistance to the company in preparation of roadmap/compliances involved relating to offer documents in Public Issues. Preparation 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. Drafting of ESOP/ESPS schemes. Obtaining registration 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

14 Valuation of Business & Shares Share and Business valuations Valuation as specified by RBI under Foreign Exchange regulations and Companies Act. Valuation of Brands Valuation of ESOPs NBFC Laws Assistance to the company in obtaining registration as NBFC from RBI (Core Investment Companies/ARC/ Finance/ Lease/ Investment Companies etc.,). Guidance to the company in compliance of RBI regulations related to NBFC activities. Non-Govt. Organisations NGOS / Societies Trusts Assisting in obtaining registration of Charitable/ Religious Trusts, Societies, Company under respective Acts., Assisting in obtaining registration of NGOs under Income Tax Laws for tax exemptions including Section 80G of the IT Act., Guidance on legal compliances on Foreign Contribution Regulation Act (FCRA).

15 Management Consultancy & Other Services Director General of Foreign Trade Registration for Imports & Exports Handling STPI, SEZ related works Drafting of investor agreements. Drafting of MOUs. Capital Planning and Investment Management. Participation in Recruitment Panels. Advising and Drafting of Employee Benefit Schemes. Trade Mark, Logo, Emblem Registration Services. Business Advisory for promoters & senior management in respect of long term strategy Brand Building, Growth Plans and Related Matters Statutory compliances under tax, economic, corporate and labour laws. Due Diligence work. Accounting & Business Process Outsourcing Book Keeping and preparation of final accounts and financials Design, implementation and review of accounting manuals. Preparation of management accounts and management information systems Completion of records related to Fixed Assets Developing Accounting procedures manual and evaluation of effectiveness of accounting packages Hr / Payroll services Drafting of Employee appointment letters Framing rules/guidelines Hand Book for employees Virtual CFO serviceses

16 Systems & Procedures Development of MIS for SME segment Review and improvement of MIS for medium and large enterprises Development of Standard Operating Procedures (SOP s) for various Organisations Designing of accounting manuals and Business Process Re-engineering (BPR) to suit such accounting manuals Assisting the Organisation to develop I T enabled tools for compliance of various statutes including TDS, GST, Labour Laws etc., ERP Implementaion Support & Allied Services End to end ERP Audit in the areas of Finance, Taxation, Controlling, MIS, Inventory, Warehousing etc., To provide expertise in the areas of taxation (both direct and indirect taxation) and MIS for implementation of ERP to all industries both manufacturing and service sectors Eg: Advising the tax areas of CIN Version Implementation of SAP ERP. To provide the support in understanding the process points while implementing the ERP

17 Corporate Training & Compliance Management 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 continuous learning to the human capacity of the organisation and give them sense of recognition. To provide periodical updates on ever changing laws and make the staff abreast with the applicable laws and improve their productivity and efficiency. To create value of the organisation by improving the governance mechanism. To assist the organisation in complying of various Labour & Industrial Laws.

18 HYDERABAD /6-9, #103 & 104, Veeru Castle, Durganagar Colony, Panjagutta, Hyderabad ; ; Fax: VISAKHAPATNAM /3, 1st Floor, T.P.T Colony, Seethammadara, Visakhapatnam BANGALORE B104, RIRCO, Santosh Apartments, Wind Tunnel Road, Murgeshpalaya, Old Airport Road, Bangalore KURNOOL No. 302, 3rd Floor, V V Complex, 40/838, R.S. Road, Near SBI Main Branch Kurnool TADA (SRICITY) /2, Flat No. 202, 2nd Floor, Bigsun Avenue, Near SriCity, Tada, SPSR Nellore Dist NELLORE , 1st Floor, Near Santi Sweets Opp: SBI ATM, Vijayamahal Centre, SPSR, Nellore Our Monthly Journals SBS Wiki : SBS Interns Digest :