Scope of services and regulatory disclosure

1. Who we are

MOJ Consulting Group is a business services firm with its place of business at First & Second Floor, No. 4/1 and 1/2, Brunton Road, Off M. G. Road, Opposite Old Passport Office, Bengaluru, Karnataka 560025, India. GSTIN 29ABXFM4099H1ZA.

Our business is the outsourced operation of the routine accounting and statutory compliance functions of registered business entities, delivered on a recurring monthly basis for a fixed fee.

2. Services we provide

Our services are limited to the following, and are provided only to registered business entities:

• Bookkeeping and accounting support — recording of transactions, maintenance of sales, purchase, receivable and payable ledgers, bank and payment-gateway reconciliation, fixed asset registers, month-end closing and trial balance preparation.
• Payroll processing — computation of salaries from client-approved inputs, generation of payslips, computation of Provident Fund, Employees’ State Insurance, professional tax and salary tax deducted at source, preparation of statutory challans and returns, and full-and-final settlement workings.
• Goods and Services Tax compliance — preparation and filing of periodic GST returns, reconciliation of input tax credit against the client’s purchase records, e-invoicing and e-way bill workflow support, annual return preparation support, and preparation of records and workings in response to departmental correspondence.
• Tax deducted at source and income tax compliance — computation of deduction liability, preparation of challans, preparation and filing of quarterly TDS returns, issuance of statutory certificates, advance tax computation, and preparation and filing support for corporate income tax returns.
• Management reporting — preparation of internal management information for the client’s own use, drawn from the client’s own recorded transactions: profit and loss statements, balance sheets, cash-flow statements, cost and revenue breakdowns, and comparison of actual results against a budget maintained by the client.
• Books clean-up and migration — recording of backlog transactions, reconciliation of historical records, correction of opening balances, restructuring of the chart of accounts, and migration of records between accounting platforms.

All of the above is record-keeping, computation, compliance filing and internal reporting work performed on the client’s own books and within the client’s own systems. None of it involves dealing in, advising on, arranging or distributing any financial product.

3. Services we do not provide

MOJ Consulting Group does not provide, and will not agree to provide, any of the following. This list is not exhaustive of everything outside our scope, but it is specific about the categories that are regulated in India:

Securities, investments and portfolio services

• No investment advice, recommendations, research or analysis relating to shares, mutual funds, bonds, debentures, derivatives, commodities or any other security.
• No portfolio management, fund management, wealth management or discretionary handling of assets.
• No broking, dealing, distribution or execution of transactions in securities.
• No solicitation, arrangement or facilitation of capital or investment from any person, and no preparation of documents intended for circulation to prospective providers of capital.
• No valuation of securities or of businesses for investment purposes.

Lending, credit and deposits

• No lending of money, and no arranging, brokering, originating, sourcing, marketing or facilitating of loans or credit facilities of any kind.
• No credit assessment, credit scoring, credit repair or debt-settlement services.
• No acceptance of deposits from the public or from clients in any form.
• No guarantee, indemnity or other credit support in favour of any person.

Insurance and pensions

• No sale, distribution, solicitation, advice, comparison or referral of insurance products of any class.
• No advice on, distribution of or intermediation in pension or retirement products.

Payments, money transfer and currency

• No operation of any payment system, wallet, prepaid instrument, escrow arrangement or remittance channel.
• No money transfer, cross-border remittance or foreign exchange dealing.
• No dealing, custody, exchange or advice in respect of virtual digital assets or cryptocurrency.

Other

• No statutory audit, no assurance engagements, and no issuance of audit opinions or attest certificates. Where your entity requires an audit, it is performed by an independent auditor whom you appoint and pay directly.
• No representation before tax or regulatory authorities. Where representation is required, it is undertaken by an independent qualified practitioner appointed by and engaged directly with you.
• No legal advice or legal representation.
• No personal financial services of any description to individuals.

4. Our regulatory position

MOJ Consulting Group is not registered with, licensed by, authorised by, or otherwise regulated by:

The absence of these registrations is not a gap in our credentials. Bookkeeping, payroll processing, tax-return preparation and internal management reporting for a business client are not regulated financial services in India and do not fall within the remit of any of the authorities listed above.

We hold, and comply with, the registrations that do apply to a business services firm of our kind, including registration under the Goods and Services Tax regime.

5. Client funds

We do not at any time receive, hold, pool, control, invest or transfer money belonging to a client, an employee of a client, a vendor of a client, or any other person.

Where our work produces a payment obligation — salaries, statutory dues, vendor payments — we prepare the computation, the payment file and the challan. The client reviews, authorises and executes the payment from the client’s own bank account, using the client’s own banking credentials. We hold no mandate, no power of attorney and no signing authority over any client bank account.

The only money that moves between a client and MOJ Consulting Group is the client’s payment of our own invoice for our own fees, made by bank transfer to the account identified on that invoice.

6. Who we accept as clients

We accept engagements only from registered business entities — private limited companies, limited liability partnerships, registered partnership firms and comparable registered entities — that carry a valid business registration and, where applicable, a GST registration.

We do not accept individuals as clients. We do not provide services relating to a person’s personal accounts, personal tax position, personal savings or any other personal money matter, whether or not that person is a director, partner or employee of a client.

Our marketing, our website and our advertising are directed at businesses and are not addressed to consumers.

7. No guarantees or financial outcomes

We make no representation, promise or guarantee as to any financial outcome. Specifically, and without limitation, we do not guarantee or promise:

• any reduction in tax liability, any refund, or any particular tax position;
• the approval, sanction or grant of any application, registration, refund or claim by any authority;
• any level of revenue, profit, cost saving, cash position or return;
• that any authority will not raise a query, notice, demand or assessment; or
• any outcome in any proceeding.

Our obligation is to perform the agreed services with reasonable skill and care, on time, from the records and information the client provides. Responsibility for the completeness and accuracy of the information supplied to us, and for the final approval and authorisation of every filing and every payment, remains with the client.

8. How we advertise

Our advertising promotes one thing only: an outsourced bookkeeping, payroll and statutory compliance service for registered businesses, delivered for a disclosed monthly fee.

Our advertising does not offer, promote or solicit interest in any financial product or service; does not offer investment, insurance, lending, deposit or payment services; does not promise any financial return, tax saving or guaranteed outcome; is not addressed to consumers; and does not collect financial account credentials, card details or other sensitive financial information from anyone.

The only action any of our advertising asks a visitor to take is to request a scoping conversation about their business’s accounting operations.

9. Verification and contact

If you are assessing this firm — as a prospective client, a platform, a partner or a regulator — and need anything on this page confirmed or evidenced, write to us and we will respond.

MOJ Consulting Group
First & Second Floor, No. 4/1 and 1/2, Brunton Road,
Off M. G. Road, Opposite Old Passport Office,
Bengaluru, Karnataka 560025, India
+91 97696 94689  ·  nikhilsshah@mojconsultinggroup.com
GSTIN 29ABXFM4099H1ZA

This page describes the scope of our own commercial services and our regulatory status. It is a statement of fact about this firm and is not legal, tax or regulatory advice to any reader.