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Anandram Sarda & Associates

Anandram Sarda & Associates

A Trusted Chartered Accountant Firm With Two Decades Of Excellence

Over the last decade, the business fraternity has been shaped and reshaped by various elements. Digitization and disruption revamped the majority of the verticals, including their products/services, frameworks, compliance, and regulations. With these surrounding advancements, the demand for holistic accountants is greater than ever. Finance and tax can often become an intricate part of a business, affecting its ability to make effective decisions. The pandemic further brought an avalanche of financial and tax-related transgressions.

There is a saying, “Only accountants can save the world through peace, goodwill and reconciliations.” CAs who provide client advisory services (CAS) to help struggling businesses stabilize and reposition themselves are in high demand in the market. CAs who offer CAS have real-time access to their clients’ accounts, allowing them to offer a more strategic perspective on their clients’ business. Introducing Anandram Sarda & Associates, a full service firm offering a gamut of taxation and multifarious professional services.

Headquartered in Hyderabad, India, Anandram Sarda & Associates counts among chartered accountant firms rendering stellar services. They provide services for Assurance & Audit, Tax Advisory & Compliance, Business Set up, Transaction Support (incl. Outsourcing), Tax Representations & Litigation Support, Accounting & Payroll, Financial Management, Management Consultancy, Business Advisory, Risk Management, Financial & Tax Due Diligence, Corporate Secretarial, Foreign Exchange Law Compliance, Advice on Software Designing and Testing and related areas.

With all under one umbrella, the firm positions itself as “Trusted Advisors” to deal with today’s complex, demanding, challenging, and fast-changing market. They have a young and determined team qualified to address specific challenges and meet clients’ requirements.

The firm serves businesses of all sizes and shapes, intending to provide peace of mind by offering excellence. Their acumen and prudence in understanding business-specific implications make them unique. They also offer onsite administrative, accounting, and other support services by deputing qualified staff at the client’s place under their supervision and guidance.

Tax is an integral part of any business. But the taxation space is volatile, with ever-changing laws, rules, regulations, procedures, and judicial pronouncements. In order to be successful, businesses must have an effective tax strategy that adheres to legal norms and laws. Hitherto, there were the issues of tax authorities becoming overbearing and intrusive. Of late, due to the introduction of faceless and electronic facilities for communication has eased the hassles with tax authorities.

Anandram Sarda & Associates leverages its cumulative expertise to add value and keep its clients ahead of the hassles. The firm possesses 27 years of collective experience in direct and indirect taxes. They are well versed in handling diverse assignments, including international taxation, transfer pricing, safe harbor, representation before tax authorities, commissioner appeals, income tax appellate tribunals, tax advisory, tax compliance, and so on.

This helps in providing a timely strategy within the four corners of the law in the face of changes in tax laws, rules, regulations, and procedures. They utilize benefits, concessions, exemptions, and schemes allowed by the tax laws while adhering to compliances. As consultants, they maintain a simple and straightforward approach that fosters proactivity while minimizing tax litigation.

With a long and sustainable tenure, it’s apparent the firm is well-updated with technological upgrades. It helps in keeping up with globalization, fosters accuracy and compliance, optimizes process efficiency, provides better insights and metrics, and, above all else, bolsters transparency. At Anandram Sarda & Associates, it’s a policy to adopt technological upgrades for rendering superior quality and prompt services.

They use cloud-based software for tax compliance, storage of data, and subscriptions to electronic tax reports, journals, and newsletters. The firm also prioritizes staying abreast of the market by continuously updating knowledge and skills. Regular study circle meetings for skill-up-gradation are conducted for in-house knowledge sharing.

Anandram Sarda & Associates was founded in 2012 by Anandram Sarda, an FCA with 19 years of rich experience in taxation, finance, audit, etc. He completed his chartered accountancy examinations in a single attempt within the tenure of article training in the year 2002. He underwent article training in Lovelock & Lewes, Hyderabad [member firm of PriceWaterhouse Coopers (PwC)], which rewarded him with rich learning experience of working with small-to-big and multinational corporations with auditing software. He became a partner with RG Sarda & Associates in 2002, setting the path for a wealth of practical experience and skills over the next two decades.

In 2012, he retired, and with the accumulated skills and experience, he launched Anandram Sarda & Associates. At the outset, he envisioned a firm with optimal standards offering dedicated and personalized services as a one stop destination. Under his stewardship, the firm has become an ecosystem of continuous knowledge sharing and proactive and pragmatic service delivery with a personalized approach. The firm drives excellence on values of integrity, honesty, ethical conduct, and professional behavior, fostering clients’ success and empowering employees with equal opportunities and workplace diversity.

The pandemic has transformed the business fraternity in all aspects. The sudden halt in economic activity had grave implications for business growth. As taxation experts, Anandram Sarda & Associates turned this challenge into opportunity by spending their time on knowledge upgradation and learning new topics such as “Multilateral Instruments” (MLI) in international taxation.

MLI is a sweeping change in interpreting the tax treaties to avoid double taxation. Government has announced host of fiscal and monetary measures for supporting the economy and financial system of the country. Most of the changes in taxation laws were made to support businesses and improve their cash flow.

“We have advised our clients for availing the beneficial measures for business sustenance and continuity,” says Mr. Sarda. The firm has been using cloud software and storage for over eight years. This helped them provide uninterrupted and continuous services to clients remotely even during the lockdown.

Unbridled by economic crises and COVID-19, Anandram Sarda & Associates is scaling growth at a steady pace. In 2022-23, the firm is planning to start specialized verticals for income tax, international tax, GST and other indirect taxes, audit and assurance, corporate secretarial, consulting, and accounting and payroll, each to be headed by a qualified chartered accountant. They are seeking a 10x to 15x increase in revenue within the next 3-5 years. Last but not least, the firm is set to establish a pan-India network of chartered accountants spread across 8 to 10 major cities in India.

“Work with an open heart and utmost dedication and cultivate trust within your firm and with clients. Prioritize your clients above all else; bear in mind that you are rendering services to yourself and not the client.” – Anandram Sarda

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