What services does BC Shetty & Co. offer?
We offer a wide range of services, including auditing, income tax filing, GST registration, outsourcing accounting, startup support, transfer pricing, and real estate advisory.
Can a chartered accountant assist with income tax filings?
Yes, our chartered accountants in Hyderabad can file income tax returns on behalf of your business, ensuring compliance with all relevant laws.
Do you provide assistance with company registration?
Yes, we help with the registration of various business entities, including private limited companies and limited liability partnerships.
Why is it important to hire a chartered accountant?
Hiring a chartered accountant ensures that your financial records are accurate, taxes are filed on time, and your business remains compliant with regulatory requirements. Reach out to BC Shetty & Co. for more information on how our services can benefit your business.
Can startups get support from BC Shetty & Co?
Absolutely — and startup support is one of our most active practice areas in Hyderabad. Hyderabad's startup ecosystem is one of India's fastest-growing, and founders here need more than a compliance checkbox. They need a CA who understands where they are in their journey and what's coming next.
How we support startups — at every stage:
Stage 1: Incorporation & Structure
- Advising on the right legal structure — Private Limited, LLP, or OPC — based on your funding roadmap and liability needs
- Registering the entity with the MCA and obtaining PAN, TAN, and GST registration
- Structuring founder agreements, vesting schedules, and shareholding to avoid costly disputes later
- DPIIT/Startup India recognition — we handle the application, eligibility assessment, and documentation so you qualify for the 3-year income tax exemption under Section 80-IAC and other benefits
Stage 2: Ongoing Compliance
- Monthly/quarterly GST filings — GSTR-1, GSTR-3B — and annual return (GSTR-9)
- TDS deductions, deposits, and quarterly returns (24Q, 26Q) for salary and vendor payments
- ROC annual filings — MGT-7, AOC-4 — and event-based filings for board changes, share allotments, and registered office updates
- Payroll structuring to optimise take-home for founders and early employees
Stage 3: Funding-Readiness
- Clean books and audited financials that investors and term-sheet advisors can rely on
- Valuation certificates (Rule 11UA/11UAA) required for angel funding and seed rounds under the Angel Tax framework
- ESOP pool structuring and accounting — critical for attracting engineering and leadership talent
- Due diligence support: preparing data rooms, responding to financial queries from VCs and acquirers
- FEMA/RBI compliance for foreign investment — FC-GPR filings when overseas angels or funds invest
Stage 4: Scaling
- Transfer pricing documentation as you engage with group companies or foreign subsidiaries
- International invoicing and GST zero-rating for software/SaaS exports
- Expansion structuring — whether you're opening a Singapore holding company, a US entity, or a second Indian registered office
- Statutory audit, internal audit, and Board-level financial reporting as you grow past investor thresholds
DPIIT/Startup India Recognition: We assess your eligibility, prepare the application, and coordinate with the DPIIT portal. Recognition unlocks the 3-year tax holiday under Section 80-IAC, carry-forward of losses without ownership continuity, self-certification under labour laws, and relaxed public procurement norms.
Which industries do you serve in Hyderabad?
BC Shetty & Co serves businesses across multiple industries in Hyderabad, providing sector-specific tax, audit, compliance, and advisory services.
IT & SaaS Companies
Technology businesses often require specialized support for:
- Transfer pricing compliance
- ESOP taxation and accounting
- International invoicing and cross-border transactions
- FEMA compliance
- Revenue recognition and subscription-based business models
Real Estate & Construction
The real estate sector faces complex tax and regulatory requirements, including:
- GST on under-construction properties
- Joint Development Agreement (JDA) taxation
- Project accounting and cost allocation
- RERA-related financial reporting
- Capital gains and property transaction planning
Pharmaceuticals & Life Sciences
Hyderabad's pharmaceutical sector requires expertise in:
- R&D tax incentives and deductions
- Clinical trial taxation
- Export incentives and GST refunds
- Transfer pricing for multinational pharma groups
- Regulatory and audit compliance
E-Commerce & Online Businesses
We assist online sellers and digital businesses with:
- GST TCS compliance
- Marketplace seller reconciliations
- Multi-state GST registrations
- Inventory and revenue accounting
- Cross-border e-commerce taxation
Startups & Emerging Businesses
We help startups with:
- Incorporation and structuring
- Fundraising support
- Compliance management
- Virtual CFO services
- Investor reporting
Healthcare & Hospitals
Our expertise covers:
- GST implications on healthcare services
- Regulatory compliance
- Internal audits
- Financial planning and budgeting
- Corporate governance support
Retail, Trading & Distribution
We assist businesses with:
- GST compliance and reconciliation
- Inventory controls
- Multi-location accounting
- Cash flow management
- Business performance reporting
Our industry-focused approach allows us to provide practical solutions tailored to the unique challenges faced by businesses in Hyderabad's rapidly evolving economy.
Why should businesses in Hyderabad hire a Chartered Accountant?
The cost of not hiring one:
Many businesses delay engaging a CA until a problem forces their hand — a GST notice, a TDS mismatch, a missed ROC filing, or a tax demand from a scrutiny assessment. By then, the cost is rarely just professional fees. It includes interest, penalties, compounding, and the management time spent firefighting instead of running the business.
What a CA actively delivers for your business:
1. Tax optimisation that stays legal
A good CA doesn't just file your returns — they structure your income, expenses, and entity to minimise tax legally. This includes choosing the right depreciation method, timing capital expenditure, making use of available deductions and ensuring losses are appropriately carried forward and set off.
2. ROC / MCA compliance — directors' protection
Companies must file Annual Returns (MGT-7) and Financial Statements (AOC-4) every year, plus event-based forms for board changes, share allotments, and charges. Directors of non-compliant companies face disqualification — meaning they cannot hold directorships in other companies either. A CA keeps this calendar airtight.
3. GST filing accuracy and ITC maximisation
GST isn't just a monthly filing. It involves ITC reconciliation (GSTR-2B vs books), reversals on exempt supplies, annual reconciliation statements (GSTR-9C), and managing the complexity of multi-rate products or services. Errors in ITC claims are increasingly scrutinised by the GST department, with notices going back 5 years.
4. Financial advisory for growth decisions
A CA is not just a compliance vendor — they're a sounding board for decisions that carry financial consequences: should you lease or buy office space? What's the tax impact of hiring a contractor vs employee? Should you raise debt or equity for the next phase? Is a subsidiary or branch more efficient for your overseas expansion? These are CFO-level questions that a senior CA helps answer.
What sets BC Shetty & Co apart from a generic CA:
Many chartered accountants offer compliance. BC Shetty & Co offers depth.
- 40+ years of practice across Hyderabad and Bangalore — with institutional knowledge of how assessments, audits, and appeals actually play out in this region
- A full-service practice: we handle direct tax, GST, transfer pricing, FEMA, company law, and audit under one roof — so you're not coordinating between three different advisors
- Weekly Status dashboard to ensure you have full visibility of your company's compliance status
- Partner-level attention: your files don't sit with a junior. Senior CAs with domain expertise work directly on your matters
- Proactive advisory: we flag issues before they become notices, and opportunities before you miss the window
Where is BC Shetty & Co. located in Hyderabad?
BC Shetty & Co. is conveniently located to serve clients across Hyderabad, including Gachibowli, Madhapur, the Financial District, and Kondapur. Contact us to get directions or schedule a meeting at our office.
Do you provide GST registration services in Hyderabad?
Yes, BC Shetty & Co. provides end-to-end GST registration and compliance services in Hyderabad. Our team handles GST registration, monthly and quarterly returns, annual returns, vendor reconciliation, and GST notice representation.
How can I book a consultation with BC Shetty & Co. in Hyderabad?
You can book a consultation by filling out the enquiry form on our website or by clicking the "Enquire Now" button. Our team will get in touch with you promptly to understand your requirements and schedule a meeting.