Questions business owners ask us
Straight answers from our team in Villupuram. உங்கள் கேள்விகளுக்கு நேரடியான பதில்கள்.
What should I do in the first week after a GST notice?
Do not ignore it, and do not reply in a hurry. Note the notice type, reference number and the reply date. Collect your returns, GSTR-2B, purchase and sales registers and bank statements for that period, and check whether the department’s figures match your books. Then reply in writing, with documents, before the due date — or ask for more time in writing if you need it.
Can a small business get a bank loan without a CMA report?
For small loans, some banks accept only financial statements and bank statements. For working capital limits and most term loans, banks usually ask for CMA data — past figures, projections and ratios such as the current ratio and DSCR. A clean, honest CMA file makes the banker’s decision faster and avoids repeated queries.
What is a forensic accountant, and when does a family business need one?
A forensic accountant reads the books like an investigator — tracing where money actually went, not only whether returns were filed. A family business needs one when profit and cash do not match, when the handling of money by a partner or staff member is in doubt, before bringing the next generation in, or before a big loan or sale.
Why does my business show profit but have no cash?
Profit is what the books say; cash is what the bank says. The gap usually sits in three places: customers who have not paid, stock that has not sold, and loan repayments or personal drawings that do not appear in profit. Put your top debtors, stock value and monthly drawings side by side, and the gap usually explains itself.
How do I pass my business to my children without a family fight?
Start early and write it down. Decide who owns what, who runs what, and how family members who do not work in the business are treated fairly. Separate business money from family money, put key decisions in a written family agreement, and let the next generation take real responsibility while you are still there to guide.
Should my family business have an HUF?
An HUF can help a business family — but only when it is built correctly: a genuine starting corpus, proper records, a separate bank account and no mixing with household spending. Done wrongly, it creates tax and family problems that last a generation. Get your family’s facts checked before you open or use one.
How do I know if money is leaking from my business?
Watch for these signs: cash is always short though sales are good, the same small expenses keep repeating, there are vendors nobody can explain, discounts or returns keep rising, and one person controls every payment. One simple habit helps: the owner reads the bank statement every month and reviews the cash book for ten minutes every week.
Who signs audit reports and certificates at AuditorSaab?
Our founder, S J Ragunathan, is a Forensic Accountant. Our team includes a Chartered Accountant, a Cost Accountant and a Company Secretary. Statutory and tax audit reports and CA certificates are signed by our Chartered Accountant in their own name, cost audit work by our Cost Accountant, and secretarial work by our Company Secretary, as the law requires.
Which areas do you serve?
Our office is at 2, Chairman Govindharaj Street, West Shanmugapuram, Villupuram. We serve business families in Villupuram, Pondicherry, Panruti, Tindivanam, Gingee, Kallakurichi, Thirukoilur, Ulundurpet and Virudhachalam, and clients across Tamil Nadu through online meetings. We work in Tamil and English. Office hours: Monday to Friday, 10 AM to 7 PM.
How do I book a Wealth Review with S J Ragunathan?
The Wealth Review is a 90-minute one-to-one on your business and family money, at ₹2,999. Book it on the Wealth Review page of this website, or call or WhatsApp 087547 60375. If you would like to start free, take the four-minute Clarity Reading first.
Still have a question?
Call or WhatsApp 087547 60375, or visit us at 2, Chairman Govindharaj Street, Villupuram.