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    ABOUT THE FIRM

    "CHANDER PARKASH & CO. is a PARTNERSHIP FIRM in India and was firstly established by Mr. Chander Parkash (senior partner) in the year 1991 as a proprietorship concern but after 1st April 2013, it has been converted into a partnership firm with an objective of providing a wide range of auditing and financial services to our clients.

    It is a team of distinguished chartered accountants, corporate financial advisors and tax consultants. Our firm of dedicated professionals aim at providing specialized skills that is geared to offer sound financial solutions and advices. The organization is a congregation of professionally qualified and experienced personnel who are committed to add value and optimize the benefits accruing to clients.

Chander Parkash

Qualifications: B.COM (HONS.), F.C.A.
Specialization: Assurance, Taxation, Appeals, Audit, GST
Cell: 9810056108
E-mail: cp@chanderparkash.com

He is the senior most partner of the firm who has established this firm in 1990. He has a vast experience in income tax matters and has been handling regular assessment, search & seizure, CIT(A) and ITAT cases. He has been conducting Statutory & Tax Audit, Internal Audit of Large & Medium ScaleLimited Companies. Moreover, he has also carried out Bank Audits and provided services and consultancy in the field of accounts, income tax & company law matters. And has experience of over a decade. He is a founder member of the firm and his knowledge and expertise in structuring the complex financial situations. His forte is to assist clients to grow their business in sound financial and regulatory compliant environment.

Dishant Khatter

Qualifications: B.COM (HONS.), A.C.A. Specialization: GST, Internal Audit, SOX, Taxation, Assurance and Audit
Post-Qualification Experience: 2+ Years
Cell: 9810056108
E-mail: dishant@chanderparkash.com

He is a member of the Institute of Chartered Accountants of India (ICAI) since 2016. He is the youngest partner of the firm and independently handles the various statutory audit. He brings in new and useful insight into the company and adds to the productivity. He has carried out various audits and provide specialised consultancy services. He has experience of working in listed companies and handling their various audit engagements. His experience in handling big company’s various engagement with respect to indirect tax, internal audit, compliance audit, process development etc. has helped the firm to enhance their quality of services and effectiveness of work. He has earlier worked in one of the BIG4 firms. He has also been part of Statutory Bank audits. He has been playing an active part in assisting entities with GST implementation and restructuring their business model to minimise the financial impact of GST and maximise the benefits of it.

Amit Kumar

Qualifications: B.COM (HONS.), A.C.A. Specialization: Direct Tax Litigation
Post-Qualification Experience: 4+ Years
Cell: 9599313033
E-mail: amit@chanderparkash.com

He is a member of the Institute of Chartered Accountants of India (ICAI) since 2014. He is a young partner of the firm and independently handles the income tax assessment, appeals, investigation, survey and search & seizure cases. He brings in new and useful insight into the company and adds to the productivity. He has experience of handling the income tax cases of various listed companies. He advises several overseas, domestic and multinational clients operating in diverse sectors including auto-ancillary industry, automobile, aviation, hospitality, Information Technology, infrastructure projects, investment funds, media and entertainment, pharmaceutical sector, retail, real estate, and telecommunications. Armed with more than 4+ years of experience on various taxation matters, he has also hands on experience of carrying through its advice to implementation and successful defense of such advice before Tax Authorities. The Tax Practice Group has also pioneered out of the box thinking to provide innovative solutions for tax optimization and risk mitigation. He has been successful in defending many of its clients at various fora including the Commissioner of Appeals, Dispute Resolution Panels, Income Tax Appellate Tribunals, etc.

TEAM

"Our team is trained to perform the assigned task with honesty, integrity and dedication. Having good public relation skills and satisfying client's grievances are their main priority. They also make sure the efficiency and effectiveness of work is maintained. Total number of staff members with classification is stated below:-

The office infrastructure is built with a view to provide smooth operation of assignments. Moreover, there are separate cabinets for different tasks to ensure hassle free working environment. Also, a server has been installed for timely backup of data and to reduce data loss and redundancy.

15

SUPPORT STAFF

10

PROFESSIONALS

10

ASSURANCE SERVICE PROVIDERS STAFF

COMPUTERISATION

More 25+ systems equipped with various assurance softwares used nation wide

WORK EXPERIENCE

STATUTORY AUDIT

The firm is engaged in statutory audit of various limited and private limited companies which are manufacturers, traders, export houses, service provider etc. including group of companies having turnover of more than 250 crores.

TAX AUDIT

Tax audits of various companies, partnership firms and proprietorship concerns are conducted timely.

COMPANY LAW MATTERS

The firm also does Roc work like formation of companies, maintaining statutory books and records of companies, drafting minutes thereof etc. for its clients. DIRECT TAXES Preparation of income tax returns, wealth tax returns, representation of scrutiny cases & appeals are also done at the workplace.

MANAGEMENT SERVICES

Preparation of project reports for term loans and working capital limits from various banks and financial institutions are also done.

BANK AUDIT

The firm has experience of conducting statutory audit of several branches of Punjab National Bank.

CONSULTANCY

The firm has great expertise in providing consultancy related to tax planning, tax returns and filing, internal management and financial issues.

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SERVICES

AUDIT

  • Statutory and Tax Audit
  • Financial Institution and Bank Audits
  • Internal Audit
  • Stock Audit

ACCOUNTING

  • Preparation of accounts as per Accounting Standard.
  • Computerized accounts with inventory.
  • Computerized accounts with vat, service tax and TDS

FIRMS, SOCIETIES AND TRUST

  • Drafting of Partnership and Trust Deeds
  • Formation and Registration
  • Registration under Income Tax & Act

START UP VENTURES

  • Identifying appropriate entry route
  • Formation of Legal Entity in India i.e. Incorporation of a company and preparation of Memorandum and Articles of Association and other legal support.
  • Due diligence reviews
  • Regulatory approvals
  • Including Foreign Investment Promotion Board (FIPB), Reserve Bank of India (RBI), Secretariat of Industrial Approval (SIA), Registrar of Companies (ROC) and other concerned authorities
  • Representative office Facility
  • During the 'in transit period' support for office infrastructure and manpower is provided to the company

OTHER SERVICES

  • Outsourcing of accounts and payroll functions of organizations.
  • Investment Planning and tax restructuring for individuals so as to optimize their return on investment and minimize the tax burden.
  • Allotment of Collection Centre of Income Tax Returnsin Delhi to chartered Accountants and Advocates for franchisee of E-return Intermediary.
  • Certified Filing Centrefor online filing of e forms under MCA21Project of Ministry of Company Law Affairs.
  • Procurement of Digital Signaturesof TATA Consultancy Services CA mandatory for e filing of Income Tax Return by all Corporate Entities and e Forms under MCA21 Project.
  • Procurement of Director Identification Number (DIN)

INCOME TAX & FBT

  • Tax Planning and Consultancy
  • Search and Seizure cases
  • Appeals before CIT and ITAT Delhi.
  • Facility to accept and loading of E-return of Income
  • Quick Processing and Timely Refund
  • Bulk filing of Income Tax Returns of employees of Companies and other business entities.
  • Preparation and filing of Income Tax/ Wealth Tax returns with statement of accounts of individuals, HUFs, Partnership Firms, Trusts/Institutions and Companies.
  • Preparation and submission of E-TDS returns

NON-RESIDENT TAXATION AND FEMA

  • Tax Advisory Services and filing of e-Tax returns
  • Setting up a Branch office/ Liaison office/ Project office in India
  • Banking and Remittances
  • Investment advisory support

COMPANY LAW MATTERS

  • Approval of name for New Company
  • Formation and alteration
  • Matters related to ROC and CLB
  • Maintenance of Statutory Records
  • Planning and consultancy
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ENQUIRY

HEAD OFFICE

207, PADMA TOWER - II,22 RAJENDRA PLACE NEW DELHI - 110088.

EMAIL: office@chanderparkash.com

PARTNERS: cp@chanderparkash.com, dishant@chanderparkash.com

MOBILE: 9810056108

PHONE: 011-25731059, 011-25731060, 011-41539570

FAX: 011-25741070

CONTACT FORM

GOT A QUESTION? WE'D LOVE TO HEAR FROM YOU. SEND US A MESSAGE AND WE'LL RESPOND AS SOON AS POSSIBLE.

 
     
   
 
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Tamilnadu_VAT_ACT_2006
Section / Rule Number   Content   
 
SECTION-1 Short title and commencement
SECTION-2 Definitions
SECTION-3 Levy of Taxes on sales of goods
SECTION-4 Levy of Tax on right to use any goods
SECTION-5 Levy of tax on transfer of goods involved in works contract
SECTION-6 Payment of tax at compounded rate by works contractor
SECTION-6-A Payment of tax at compounded rate by brick manufacturers
SECTION-7 Levy of taxes on food and drinks
SECTION-8 Payment of tax at compounded rate by hotels, restaurants, sweet-stalls and bakeries
SECTION-9 Levy of tax on bullion and jewellery
SECTION-10 Tax on goods purchased by dealers registered under Central Sales Tax Act, 1956 (Central Act 74 of 1956)
SECTION-11 Levy of tax on sugar-can
SECTION-12 Levy of purchase tax
SECTION-13 Deduction of tax at source in works contract
SECTION- 13-A Tax deductor idetification number
SECTION-14Reversal of tax credit
SECTION-15 Exempted sale
SECTION-16 Stage of levy of taxes in respect of imported and exported goods
SECTION-17 Burden of proof
SECTION-18 Zero-rating
SECTION-19 Input tax credit
SECTION-20 Assessment of tax
SECTION-21Filing of returns
SECTION-22 [ Deemed Assessment and ] procedure to be followed by the assessing authority
SECTION-23 Procedure when Assessee claims identical question of law is pending before the High Court or Super Court.
SECTION-24 Assessment of sales shown in accounts at low prices
SECTION-25 Procedure to be followed in assessment of certain cases
SECTION-26 Assessment of legal representatives
SECTION-27 Assessment of escaped turnover and wrong availment of input tax credit
SECTION-28 Assessment of turnover not disclosed under compounding provisions
SECTION-29 Assessment in cases of price variation
SECTION-30 Power of Government to notify exemption or reduction of tax
SECTION-31Power of Government to notify remission
SECTION-32 Power of Government to notify deferred payment of tax
SECTION-33 Remission of tax deemed to be deferred payment of tax
SECTION-34 Liability of tax of persons and observing restrictions and conditions notified under Section 30 or Section 31
SECTION-35 Liability of Firms
SECTION-36 Liability to tax of partitioned Hindu family, dissolved Firm, etc.
SECTION-37 Liability to tax private Company on winding up
SECTION-38 Registration of Dealers
SECTION-39 Procedure for registration
SECTION-40 Collection of tax
SECTION-41Forfeiture of tax collected
SECTION-42 Payment and recovery of tax, penalty, etc.
SECTION-43 Transfers to defraud revenue void
SECTION-44 Recovery of penalty or intrest
SECTION-45 Further mode of recovery
SECTION-46 Recovery of tax where business of a dealer is transferred
SECTION-47 Rounding off of turnover, tax, etc
SECTION-48 Appointment of Commissioner of Commercial Taxes
SECTION- 48-A Clarification and Advance Ruling
SECTION-49 Special powers of 1 [Deputy] Commissioner under Revenue Recovery Act
SECTION-50 Constitution of Appellate Tribunal
SECTION-51 Appeal to Appellate 2 [Deputy] Commissioner
SECTION-52 Appeal to Appellate 1[Joint] Commissioner
SECTION-53 Special powers of 1 [Joint] Commissioner
SECTION-54 Powers of revision of 1 [Joint] Commissioner
SECTION-55 Special powers of 1 [Additional] Commissioner
SECTION-56 Power to transfer appeals
SECTION-57 Powers of revision by 1 [Additional] Commissioner (1)
SECTION- 58 Appeal to Appellate Tribunal.
SECTION-59 Appeal to the High Court
SECTION-60 Revision by the High Court
SECTION-61Petitions and appeals to the High Court to be heard by a Bench of not less than two judges
SECTION- 62 Amendment of order of assessment etc
SECTION- 63 Production of accounts
SECTION-63A Accounts to be audited in certain cases
SECTION-64 Maintenance of upto date, true and correct accounts and record by dealers
SECTION-65 Powers to order production of accounts and powers of entry, inspection, etc
SECTION-66 Powers to inspect goods delivered to a carrier or bailee
SECTION-67 Establishment of check post or barrier and inspection of goods while in transit
SECTION 67-A Production of advance Inward Way Bill
SECTION-68 Possession and submission of certain records by owners, etc., of boat
SECTION-69 Possession and submission of certain records by owners, etc., of goods vehicle
SECTION-70 Issue of transit pass
SECTION-71 Offences and penalties
SECTION-72 Composition of offences
SECTION-73 Cognizance of offences
SECTION-74 Assessment, etc. not to be questioned in prosecution
SECTION -75 Bar of certain proceedings
SECTION-76 Limitations for certain suits and prosecutions
SECTION-77 Bar of suits and proceedings to set aside or modify assessment except as provided in this Act
SECTION-78 Appearance before any authority in proceedings
SECTION -79 Publication of information in respect of the Assessees
SECTION-79-A Automation
SECTION-80 Power to make Rules.
SECTION-81 Power to summon witnesses and production of documents
SECTION-82 Power to get information
SECTION-83 Power to remove difficulties
SECTION- 84 Power to rectify any error apparent on the face of the record
SECTION-85 Prohibition of disclosure of particulars produced before tax authorities
SECTION- 86 Power to amend Schedules
SECTION- 87 Construction of reference to Tamil Nadu General Sales Tax Act or Tamil Nadu Additional Sales Tax Act
SECTION-87A Assessment of sales in certain cases
SECTION-88 Repeal and savings