Maitreya Patni

Maitreya Patni

Thursday, 20 April 2017 18:37

Our Alumni

 

Look out! Page will be launched soon. 

 

Thursday, 13 April 2017 15:38

Accounting Advisory

 Transaction based advisory

  • Advice for complex accounting transactions & restructuring.

 

GAAP Transformation

  • Transformation of financial statements from local GAAP to IFRS & Ind AS.
  • Transformation & Advisory for new Accounting Pronouncements.

 

Transfer Pricing Reporting

  • Assisting in Determining the Arm Length Price.
  • Preparation of Transfer Pricing Study Report.
Tuesday, 11 April 2017 15:24

Litigations

The focus of tax assessments is gradually shifting from micro issues (such as, procedural disallowances) to issue based and concept based reviews. Given the legal labyrinth that taxpayers often face, a judicious cost-benefit analysis is imperative in deciding which issues are worthwhile to litigate and on which issues it is more viable to concede. We, with our experience and in-depth knowledge help in making this decision. Complicated direct tax litigation at all levels of the Income tax Authorities is our forte.

In the arena of Cross Border Taxation, the Indian authorities have been late entrant. The last few years have seen an extremely aggressive revenue approach focusing on issues related to permanent establishments, transfer pricing, round tripping. etc.. Given the legal labyrinth that taxpayers often face, including those that are operating multiple jurisdictions it is imperative to engage in complicated litigation at all levels of the Income tax Authorities.

We have both the experience and the acumen to represent clients through tax assessments before the tax department including the international tax department assessing foreign entities to tax in India. We also represent clients in transfer pricing assessments before the Transfer Pricing Department and in appellate forums.

We help in mitigating hardship and offer intelligent tax advice in a result oriented manner.

Friday, 31 March 2017 13:25

Who We Are

A.Chandak & Co. is highly proficient in providing consultations concerning Accountancy, Taxation, Audit, Company Law matters and attend to day to day problems relating to these. The company caters to a very wide spectrum of prestigious business houses and noted professionals. The management firmly believes in absolute transparency of dealings of the company. Lucre is not our goal. Entire success of our organisation is the result of our dedication and commitment to the highest level of personalised service to our clients. It is our hallmark. Whatever we commit we make it happen and endeavour to see that our clientele take legitimate pride in choosing us as their tax consultants. We follow the fine tradition of business ethics and ethos of showing warmth A. Chandak & Co. steadfastly adheres to quality and excellence.

 The young and dynamic Mr. Arun Kumar Chandak possesses inherent qualities of converting challenges into blessings by sincerity of purpose and firm determination. He has incredible foresight, financial acumen and enterprising spirit. He is the most versatile character and uses innovative methods to deal with complex problems. He takes a very broad approach to solve the intricate problems and key issues. He always strives to be different. In spite of its modest beginning the company reached the pinnacle of glory in a short span of time because of his prime qualities and it renders diverse professional services under his astute stewardship. He has also authored a book on gamut of taxation, nine editions of which have been published by the leading publishing house of Delhi. His book has been widely acclaimed as a masterpiece, divulging exhaustive notes and explanations on this diverse subject.

Our company is equipped with the latest and hi-tech office equipment and is backed by a team of highly qualified, competent and experienced personnel. We are result oriented people and never discriminate. Every client is special to us. That's why we occupy a prominent position in our professional circle and are growing from strength to strength. Serve with a smile is our motto.

A business can be taken to the zenith of success only if it has a strong financial base and knowledge of prospects. Proper guidance of experts can definitely help one start a new company and direct it towards the right path. A. Chandak & Co. is a name to count upon, when it comes to the challenges faced in business segments like foreign direct investment, business setting up, business registrations and accounting. We are a promising service provider offering a gamut of business services like Foreign Investment Structuring, Investment through Automatic Route, Direct Investment, Investment In Prohibited Sectors, Accounts Outsourcing Services, etc. Today, we are a renowned consultant provider in foreign direct investment and business setup for global companies in India. Our motive is to help our esteemed clients attain the desired business growth, increase profitability, reduce cost and expenses, increase revenue and improving liquidity of business.

Owing to our vast experience and expertise, we have gained mastery in questioning the need for every cost and expense, productivity of resources, analysing alternate resource options and recognising the non performing assets. We possess the potential to turn the business of our clients towards potential markets, guide their investments and realise the profitable destinations.

Friday, 31 March 2017 13:22

OTHER ALLIED SERVICES

Virtual Office
Smaller companies, or larger overseas companies initially employing only one or two overseas staff, find our virtual office service extremely useful. We can provide a telephone answering and messaging service along with a prestigious New Delhi address.

Payroll
Our payroll specilized team shall shall prepare salary structure, monthly salaries, incentive, bonus payments and reimburse staff expenses accounts. Special requirements can also be created for, such as the adminstration of pension schemes and private health insurance.

Preparation of year end financial statements
We assist as well as prepare the company’s annual accounts and full back up schedules ready for the statutory annual audit and liase with the company’s auditors as appropriate.

Payment of Creditors
Our systems enable us to pay your creditors at times of your choosing whilst leaving you with ultimate control.

Cash Handling and Banking Operations
We can assist with treasury functions including the operation and monitoring of high interest deposit and current accounts.

Cash Forecasting
We recognise your need to retain a regular overview of your cash reserves. We can prepare regular cash forecasts for you enabling to plan for the future.

Friday, 31 March 2017 13:14

Company Law Services

Foreign Company Incorporation & Company Law Services
We are a well recognized chartered accountant firm, providing consultations and services in Company Law Matters. Our services are customized in accordance to your specific requirements. We assist you from the very initial processes of company establishment to company maintenance process, etc. Our services include:

  • Formation & Registration of Company
  • Setting up a Liaison Office
  • Setting up a Branch Office
  • Setting up a 100% Subsidiary Company
  • Setting up a Project Office
  • E- Filing of Documents with MCA.
  • Compliance under Companies Act, 2013
  • Getting the Company name changed.
  • Formation of Section 25 Company (Non profit making organization)
  • Getting Charge Registered
  • Liaison with Registrar of Companies & Regional Directors
  • Getting Director Identification Number (DIN)
  • Maintenance of statutory records prescribed under Companies Act, 2013.
  • Winding up proceedings of companies, trusts and societies
  • Getting public & private limited companies declared defunct

Merger & Acquisition

Our merger & acquisition team consists of tax, accounting and consulting professionals who provide corporate and private equity buyers with a broad range of accounting, tax and business advisory services to support mergers, business acquisitions, investment and financing structures, disposition alternatives and post-transaction activities.

Our team of advisers has in-depth knowledge and represents clients of different sizes in a variety of industries. Each adviser is committed to serving our clients professionally, confidentially and honestly to enable our clients to maximize their business opportunities.

Whether our clients are planning to buy or merge with another business (joint venture), we have the experience and the expertise to meet their specific requirements. The business acquisition services provide total solutions. Some of the procedures include identification of potential acquisitions, negotiations with the commercial elements of the transaction and forecasting the future of the business. Services offered under the above categories are:

  • A review of goals and objectives
  • Due diligence
  • Business forecasting
  • Advice on potential pitfalls and rewards involved in a merger
  • Assistance in purchase negotiations
  • Advice on financing
  • Assistance with preparation of a business plan
Friday, 31 March 2017 13:07

OUTSOURCING & STATUTORY COMPLIANCES

We are one of the leading names in the field of offering service support for handling ‘Outsourcing Facilities.’ Here, our team of experts effectively handles Business Process Outsourcing services that are based on listening to our clients needs as well as developing innovative ways towards meeting their needs. Working closely with management, we assist clients in reaching their goals.

We provide financial services for quick and hassle free working. We deal with banks, investment banks, insurance companies, credit rating companies and stock brokers on behalf of our clients and assist them to expend their business and operate it carefully.

Some of the key factors that aid us in successfully supporting the Outsourcing of a Business Process include:

  • Thoroughly analysis of process so clients know the involved costs and can determine cost savings of outsourcing over specific time period
  • Defining roles & responsibilities in outsourcing partnership to ensure there are no surprises and goals & expectations are clear to both parties
  • Establish measurable performance objectives including speed of transactions, time period to close books and others with establishment of performance incentives including rewards and penalties for meeting those objectives
  • Developing detailed transition plan for ensuring smooth hand-off where outsourcing is major undertaking benefitting from careful advanced planning
  • Establishing clear dispute-resolution process for handling issues as they arise, thus making for smoother operations and ensuring there is no contractual or legal problem
  • Monitoring results for bringing continuous improvements thorough arranging long-term contracts on yearly renewal basis that allows annual review of outsourcer’s performance

Our range of services include:

  • Maintenance of accounting and book-keeping records
  • Payroll management services & Pay-roll records
  • Management Information Systems (MIS) reporting and statutory compliances including income tax, tax deducting at source (TDS), withholding tax, service tax, company law, RBI rules & regulations and secretarial compliance on regular basis

Outsource Bookkeeping Services to A.Chandak & Co.
For small or medium businesses marinating up-to-date bookkeeping is probably the most important part of the daily routine. The establishment of an accounting division, hiring and training bookkeeping personnel and buying bookkeeping software is costly.

Such companies, whose core competency is not bookkeeping, can benefit by outsourcing to A.Chandak & Co. Outsourcing bookkeeping services to A.Chandak & Co. will eliminate the need to have an accounting division while at the same time your organization can get access to professional bookkeeping services at just 40%-50% of the cost. A.Chandak & Co. has an impeccable record of delivering remote bookkeeping services to growing and changing businesses in all industries. A.Chandak & Co.’s outsourcing services are focused at helping customers with the accounting requirements and significantly reducing the operating costs of their finance department.

Why outsource bookkeeping services to A.Chandak & Co.?
By choosing A.Chandak & Co. as your bookkeeping outsourcing partner, you can get access to several benefits such as:

  • Save upto 50% on bookkeeping expenses
  • Save upto 50% on bookkeeping expenses
  • Focus more on your business
  • Get access to complete financial management from bookkeeping to tax returns
  • Hire a dedicated online bookkeeper with complete loyalty
  • Round-the-clock access to accounts
  • No need to hire/train accountants
  • Realtime online bookkeeping
  • Complete confidentiality and data security with the latest encryption technologies, remote servers and physical security systems

Our financial and accounting outsource team have the depth and breadth to understand, analyze, and provide critical solutions to all your accounting and financial issues. By using our accounting and financial outsource solutions you can save 30-50% of your total cost and can improve your overall operational efficiency of your entire accounting processes.

Outsourcing has transformed the whole industry. Globalization and modern economic policies of developed countries have also boosted the whole process of outsourcing. Now the cheap and best resources of one country are used by other countries where the cost of similar work is higher in comparison. By this way both the companies are benefitted equally, one will get the best price according to its resources and other will get the work done within time and cost limits.

The key to Outsourcing, however, is finding a right outsourcing partner who can be trusted for the entire process of work. We believes in high quality and cost effective solutions to clients. We have been involved in handling outsourcing business from long time. We have adequate infrastructure, functional experience, flexibility and scalability to cater our foreign and domestic clients.

Outsource Payroll processing to A.Chandak & Co.
At A.Chandak & Co., we make sure that there is timely payment in your organization keeping in mind your compensation policies. Apart from this our unique features in providing payroll services are:

  • At A.Chandak & Co., we make sure that there is timely payment in your organization keeping in mind your compensation policies. Apart from this our unique features in providing payroll services are:
  • We systemize and simplify the process of payrolls. Set up cost is reduced significantly and also the processing time and error.
  • Experts ensure accuracy and efficiency in carrying out the functions.
  • We also reconcile the errors while maintaining calculations and thus maintaining accuracy.
  • We manage calculations of multiple groups of employees satisfying every organizations specific need.
  • Systematized and sophisticated software is used to have error free and accurate calculations. The information for tax filling is also provided in time.
  • Perfect confidentiality is maintained. The company accounts, reports, finances etc, all information regarding these are treated as private and confidential.

We give you the entire gamut of services from time and attendance system, employees insurance deductions, reporting and filing to direct statutory deposit payments.

Outsource Statutory Compliances to A.Chandak & Co.
Once a business is registered, some expert services are required to comply with day to day statutory and regulatory compliances. A.Chandak & Co.’s team is expert enough to take care of following statutory compliances of your organisation.

  • Income Tax Compliance Service
  • Withholding Tax Compliance Service
  • Filing of Annual Return with Registrar of Companies
  • Filing of forms with Registrar of Companies for intimating any changes in director/ address.
  • VAT Compliance like monthly return, annual return etc
  • Service Tax Compliance Service
  • Customs & Central Excise Compliance Service
  • Provident Fund Compliance Service
  • ESI Compliance Service
  • Profession Tax Compliance Service
  • Industry specific regulatory Compliance Service
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