Chartered Accountants · Surat
Helping startups, SMEs, businesses and professionals stay compliant, reduce taxes and scale with confidence.
Compliance Simplified. Growth Enabled.
Godil & Co. is a firm of Chartered Accountants based in Surat, Gujarat, providing end-to-end audit, taxation, compliance and strategic advisory services.
We don't just handle compliance — we solve business problems. Whether it's reducing your tax burden, navigating GST notices, managing cash flow or simplifying compliance stress, our structured approach delivers clarity and results.
Trusted by startups, businesses and professionals across India.
Specialised practice areas designed to solve real business problems — from compliance and tax planning to strategic financial decision-making.
End-to-end tax planning and compliance designed to legally minimise your tax liability while ensuring full regulatory compliance. We handle everything from ITR filing to representation before tax authorities.
From registration to returns and litigation support — we handle the complete GST lifecycle for businesses. Our team ensures consistency between outward supplies, e-invoice data and return filings, so you stay notice-free.
Independent and accurate audits that build financial credibility and investor confidence. Our structured audit methodology ensures comprehensive coverage of risk areas and compliance with applicable auditing standards.
Strategic insights to improve profitability, structure and financial decision-making. We provide MIS reporting, cash flow management and advisory support that empowers you to run your business with confidence.
Trusted by startups, businesses and professionals across India.
Professional services tailored to the regulatory and financial requirements of each sector.
Audit, GST compliance & regulatory advisory
Turnover reconciliation & tax compliance
Project GST & financial reporting
Capital asset treatment & compliance
Registrations, audit & financial support
Tax audit, GST & advisory services
Compliance, audit & tax services
Indian tax compliance & documentation
High-paying clients don't just want compliance work — they want their business problems solved. Here's what we specialise in.
Legal tax planning strategies to reduce your overall tax liability and retain more of what you earn.
End-to-end handling of GST notices, reconciliation issues and litigation support to resolve disputes swiftly.
MIS reporting, cash flow forecasting and working capital management to keep your business financially healthy.
Comprehensive compliance management across ITR, GST, TDS and audit — so you can focus on growing your business.
Every engagement is conducted with a disciplined, structured methodology aligned to professional and regulatory standards.
Each engagement follows a defined framework — scope documentation, work programme, fieldwork, and reporting — in accordance with professional standards.
We maintain thorough, accurate documentation across all engagements to support compliance and withstand regulatory scrutiny.
Our engagements are structured with an awareness of applicable risk areas — whether operational, financial or regulatory — to provide meaningful advisory.
We maintain open, clear communication with clients at every stage of the engagement, ensuring informed decision-making.
All client information is handled with strict confidentiality in accordance with professional ethics prescribed under ICAI regulations.
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We adhere to the ethical and professional standards prescribed under the regulations governing the profession of Chartered Accountants in India. Our practice is built on three pillars — precision, integrity and client trust.
All professional engagements are undertaken only after formal engagement and written acceptance. We don't just file returns — we help businesses stay ahead of obligations, reduce financial risk and make better decisions.
Articles on audit, taxation and regulatory developments to assist businesses in understanding evolving compliance requirements.
Reconciliation between reported income and AIS data is a critical compliance step. Understand common mismatch areas and how to address them.
Read ArticleE-invoicing and GST reconciliation continue to be important compliance areas for businesses in manufacturing, trading and real estate sectors.
Read ArticleAudit procedures increasingly emphasize evaluation of internal control systems for growing enterprises in Surat's manufacturing and services sectors.
Read ArticleCommon questions on taxation, GST, audit and financial compliance — answered by our team.
The Annual Information Statement (AIS) consolidates financial data reported to the Income Tax Department by banks, employers, registrars and other reporting entities. Mismatches occur when income reported in your ITR differs from data in AIS — typically due to timing differences, unreported interest income, capital gains from mutual funds or securities, or errors by reporting entities. It is important to reconcile AIS data before filing to avoid scrutiny notices.
Businesses in Surat — particularly in manufacturing, trading and real estate — must regularly reconcile GSTR-2B (auto-drafted ITC) with purchase registers to ensure Input Tax Credit claims are accurate. Under e-invoicing mandates, eligible taxpayers must generate IRNs through the IRP portal for B2B invoices. Failure to reconcile can result in excess ITC reversals during assessments. Monthly GSTR-1 and GSTR-3B filings must also align to avoid mismatches flagged by the GST portal.
Statutory auditors are required to evaluate a company's internal control systems as part of their audit procedures under SA 315. Weak internal controls — such as lack of segregation of duties, inadequate authorization procedures or incomplete reconciliations — increase audit risk and may result in expanded substantive testing. For growing businesses, establishing documented control frameworks helps ensure audit readiness and supports accurate financial reporting.
Advance tax is payable in four instalments (June, September, December and March) based on estimated annual income. Poor planning often results in large lump-sum payments in March, straining working capital — particularly for businesses with seasonal revenue cycles. By estimating tax liability early and aligning advance tax payments with cash flow, businesses can avoid interest under Sections 234B and 234C while maintaining liquidity throughout the financial year.
For professional assistance relating to audit, taxation or financial advisory services, contact our office. All engagements are subject to formal acceptance.
Faizan Hameed Godil
B.Com, ACA
140, The Galleria Business Hub,
Near Sanjeev Kumar Auditorium,
Opposite New RTO, Pal, Surat — 394510
www.godil.co.in
We will respond within one business day.
